MPC Container Ships ("MPCC" or the "Company") is pleased to announce a series of
strategic measures aimed at further optimizing its portfolio and enhancing its
fleet composition. These measures include:

  · Acquisition of five modern eco-design vessels for USD 136.3 million
  · Term sheet signed for USD 50 million acquisition financing
  · Secured USD 75 million lease financing with BoComm for existing fleet
  · Commercial agreement for early redelivery of AS Nadia for a cash
compensation
  · Agreement on sale of AS Emma for USD 22 million with handover in November
2023

As a result of the aforementioned measures, MPC Container Ships raises its
financial guidance for FY 2023 to operating revenues of USD 650-670 million
(old: USD 610-630 million) and EBITDA of USD 450-475 million (old: USD 420-450
million).

Fleet Acquisition

MPC Container Ships has finalized the acquisition of five modern eco-design
vessels for a total price of USD 136.4 million. These vessels have existing
charter contracts with top-tier counterparties, further strengthening the
Company's revenue-generating capabilities.

"We are excited to announce new accretive measures, which align perfectly with
our ongoing portfolio optimization strategy," said Constantin Baack, CEO of
MPCC. "The inclusion of five young, eco-design vessels enhances the overall
composition of our fleet and will increase our earnings and distribution
capacity in 2023 and onwards. Moving forward, our portfolio optimization
strategy will remain centered around upgrading our existing vessels, acquiring
modern eco tonnage as well as investing in newbuildings with premium earnings
capabilities and lower emissions."

The newly acquired vessels are 30% more efficient than conventional designs and
are among the top 25% of all vessels in their segment. They have an average age
of 4.6 years and will add approximately 9,250 TEU to the existing fleet.
Following the acquisition, MPCC's fleet will comprise of 70 vessels, including
four newbuildings, with an aggregate capacity of 153,294 TEU, excl. AS Emma.

The acquisition enhances MPCC's leading position in the container shipping
industry, enabling the Company to seize market opportunities, increase
profitability, and deliver sustainable shareholder value. The new vessels are
also accretive to earnings per share (EPS) and dividends per share (DPS).

Under the existing charters, the new vessels are expected to generate EBITDA
between USD 30-41 million depending on when the vessels are redelivered.

In conjunction with the acquisition, MPCC has signed a term sheet at attractive
terms with a European bank for a USD 50 million senior secured facility to
support the transaction. In addition, The Company has secured a competitive
lease financing with Bank of Communications (Hong Kong) Limited ("BoComm") in
the amount of USD 75 million, which is secured by 12 previously unencumbered
vessels.

The financing of the acquisition has been carefully structured to maintain a
conservative leverage ratio. Based on pro-forma figures as of March 31, 2023,
the Company's leverage ratio will increase from 15.2% to approximately 25%.
Importantly, the Company will maintain a low financial leverage and high
financial flexibility, as 22 vessels will remain unencumbered on the balance
sheet.

Additional Portfolio Measures

In accordance with the commercial agreement, the Company has successfully
negotiated the early redelivery of the vessel AS Nadia. This entails a cash
compensation structured in line with previous agreements, as stated in the press
release of December 13, 2022. The completion of the redelivery is expected by
the end of July 2023. This transaction enables the Company to advance
significant cash flows in an accretive way and bolster liquidity. The AS Nadia
will continue on a charter contract with MSC for a minimum period ending in
December 2023 at a fixed charter rate of USD 20,000 pd.

MPCC further announces an agreement on the sale of vessel AS Emma (4,300 TEU),
for a price of USD 22 million with handover scheduled for November 2023 subject
to customary conditions for documentation.

Use of proceeds from the redelivery of AS Nadia and the sale of AS Emma to be
determined by the Board of Directors following completion of the respective
transaction.

Presentation and webcast:
Please find enclosed a presentation containing comprehensive information on the
new portfolio measures. On Friday, June 16, at 10:00 CEST, the Company will host
a webcast in which CEO Constantin Baack and CFO Moritz Fuhrmann will provide a
detailed update on the transactions. The presentation will be followed by a live
question and answer session.

Access the live webcast through the following link: https://edge.media
-server.com/mmc/p/abc8wk4s

To participate via conference call, please register using the following link:
https://register.vevent.com/register/BI72157b13ae084c2d850027531d3eae13

For further information, please contact:
ir@mpc-container.com

This information is considered to include inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Magnus Granerød at MPC Container Ships ASA, on
June 16, 2023, at 07:00 CEST.

About MPC Container Ships
MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage
provider focusing on small to mid-size container ships. Its main activity is to
own and operate a portfolio of container ships serving intra-regional trade
lanes on fixed-rate charters. The Company is registered and has its business
office in Oslo, Norway. For more information, please visit www.mpc
-container.com.