MPC Container Ships (MPCC) has taken delivery of the first of its two 1,300 TEU methanol dual-fuel newbuilds, showcasing its commitment to advancing sustainable container shipping. Designed to operate on green methanol, this innovative vessel can achieve up to a 95% reduction in CO2 emissions, furthering MPCC’s dedication to decarbonizing the maritime industry.
The vessel has commenced a 15-year charter with North Sea Container Line (NCL), serving the Norwegian coastline. This partnership not only ensures reliable service but also introduces significant environmental benefits. NCL is poised to reduce energy needs by 63% per ton transported per nautical mile, underscoring the efficiency of its operations.
Shipping with North Sea Container Line: Lower Emissions, Competitive Advantage
For customers, shipping containers with North Sea Container Line offers a remarkable 50% reduction in scope three emissions by sea, making it a competitive advantage for environmentally conscious logistics. This achievement aligns with growing demand for sustainable supply chain solutions, helping shippers meet stringent emission targets while benefiting from efficient and eco-friendly transport services.
MPCC Secures USD 125 Million Sustainability-Linked Bond
In a further demonstration of its commitment to sustainability, MPCC recently completed a USD 125 million Senior Unsecured Sustainability-linked Bond issue. This financing underscores MPCC’s strategy to align its business practices with environmental goals while driving value for stakeholders.
The bond proceeds will support MPCC’s fleet renewal program, which includes acquiring four wide-beam eco-design vessels. These acquisitions align with the company’s focus on operational efficiency and sustainability, further cementing its position as a market leader in the container shipping sector.
Decarbonization and Industry Collaboration
As part of its broader commitment to marine decarbonization, MPCC has released the latest edition of its Marine Decarbonization Review, exploring essential measures to transition the maritime industry toward a greener future. Key insights include:
- The importance of Energy Efficiency Measures (EEM) and retrofits for existing fleets.
- The growing trend of dual-fuel newbuildings and adoption of Energy-Saving Technologies (ESTs).
- The need for collaboration between charterers and vessel owners for joint retrofit investments and shared benefits.
About MPC Container Ships ASA
MPC Container Ships ASA is a leading player in the global container shipping market, focusing on intra-regional trade lanes. Established in April 2017, the company has grown rapidly and is listed on the Oslo Stock Exchange under the ticker “MPCC.”
The company is headquartered in Oslo, Norway, and operates with a strong commitment to sustainable practices, transparent communication, and ESG principles. Its fleet renewal strategy, supported by a robust balance sheet, underscores its dedication to long-term growth and innovation.
MPCC’s streamlined cost structure, operational excellence, and focus on building high-quality customer relationships set it apart from smaller operators in the container shipping sector. Guided by a clear mission to create long-term value and drive conscious change in the maritime industry, MPCC is at the forefront of sustainable and efficient shipping practices.
Source MPC Container Ships ASA