MPC Container Ships (MPCC) announces further measures in its journey towards
fleet renewal and decarbonization, showcasing the Company's commitment to
industry innovation and long-term shareholder value.

As part of its comprehensive retrofit program for 2024, MPCC has entered into
joint retrofit agreements with various charter customers. Under these
agreements, both the charterer and MPCC will share the costs of retrofit
investments followed by an extension of the vessels time-charter contracts. This
collaborative effort reduces open charter positions, increases contract coverage
for 2024 and beyond and enhances the overall efficiency of the fleet, in
alignment with MPCC's strategic objectives.

In another strategic initiative, MPCC has partnered with Unifeeder in a joint
investment for the construction of a 1,250 TEU dual-fuel methanol newbuilding.
Scheduled for delivery in late 2026, this vessel will be under a 7-year time
-charter agreement with Unifeeder post-delivery, significantly mitigating
residual value risks. The structure of this investment underscores MPCC's
commitment to reducing carbon emissions, while protecting long-term shareholder
value.

These most recent initiatives align with MPCC's strategy for fleet renewal and
optimization, positioning the Company as a fuel-agnostic early-mover and
knowledge partner in fostering a more sustainable shipping industry. Through
these selective investments, MPCC not only aims to reduce its carbon footprint
but also to create long-term shareholder value by extending charters and
enhancing the long-term competitiveness of its fleet, while remaining committed
to its low-leverage strategy and distribution policy.

CEO, Constantin Baack and CFO, Moritz Fuhrmann, will offer additional insights
into the Company's strategic development and fleet renewal strategy during
MPCC's Q4 2023 earnings call on February 27th, 2024, at 15:00 CET / 09:00 ET.

The Q4 2023 webcast will be streamed live via the following link:
https://channel.royalcast.com/landingpage/hegnarmedia/20240227_3/

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

About MPC Container Ships ASA
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.