Norway's MPC Container Ships (MPCC), the chartering company its container fleet, closed the second quarter of this year, a period at the end of which the consistency of the The company's fleet was 48 ships with a capacity of hold of 124 thousand TEUs, with revenues of 116.9 million dollars, with a decrease of -15.2% compared to the second quarter of 2025 at by which the MPCC fleet consisted of 54 ships for a capacity of 133 thousand TEUs. Ebitda is amounted to €95.4 million (-11.1%), operating profit to €72.8 million (-15.5%) and net income at $69.4 million (-11.1%). The net result benefits from a capital gain of €30.4 million dollars achieved by the sale of three owned ships (AS Felicia, AS Alva and AS Clementina) delivered to the new owners during the quarter.

In the period April-June of this year, the average value of the Time Charter Equivalent, the daily revenue per ship net of travel costs, stood at $24,951 per day (-4,9%). The fleet utilization rate reached 98.8%, in improvement compared to 97.6% of the previous year, a sign of a demand is still strong for the Norwegian company's vessels.

In the first six months of 2026, revenues totaled 235.8 million dollars, down -11.0% on the first half last year. EBITDA was €163.4 million (-11.7%), operating profit of €118.2 million (-21.2%) and profit net of €110.2 million (-20.1%).

Meanwhile, last June MPCC bought four 7,000 TEU container ships built in 2023-2024, for a value of 343.4 million dollars, each already covered by a three-year fixed-rate rental agreement with a leading global shipowner The four ships will be taken over by next November. The operation, according to the company, will add approximately $180 million in revenues and about 140 million in EBITDA, while lowering the average age of the fleet.

Newly acquired units are part of the program renewal of the MPCC fleet, which also continues with the decommissioning of the oldest units: in addition to the three ships already sold in the second quarter of this year, agreements have been signed for the sale of two more units (AS Angelina, built in 2007 and delivered to the buyer in current month, and AS Selina, built in 2012 and with delivery expected by next November), for gross proceeds total of $41.1 million.

Presenting its quarterly results today, MPCC explained that in the period, marked by a high level of uncertainty geopolitics, the rental market has benefited from a very limited vessel availability, with a pool of vessels available in the following six months which was reduced by 25% on an annual basis, prompting shipowners to set contracts with a record advance of about six months. The company specified that the market values of ships also remain at high levels, supported by the scarcity of ready-to-use and free tonnage contracts.