MPCC Secures ECA-Covered Loan

Oslo, Norway - MPC Container Ships ASA (MPCC) has successfully signed a USD 55
million pre- and post-delivery ECA covered financing agreement with Deutsche
Bank and SINOSURE for its two dual-fuel methanol newbuildings. The vessels are
scheduled for delivery towards the end of 2024 and are secured by 15-year time
charter agreements with North Sea Container Line (NCL). The loan matures in
2036.

The two vessels feature dual-fuel engines that enable operation on green
methanol. Thus, this financing has been internally classified by the lender as
Sustainable Finance as the proceeds will be used for an activity that meets the
eligibility criteria of Deutsche Bank's own Sustainable Finance Framework.

"This project underlines MPCC's ability to structure and execute innovative
deals supporting the green transition in shipping and bringing together long
-term industry partners. The new financing agreement serves as validation of the
technology and structure of this project and our ambitious goal of establishing
the first green transportation corridor in Northern Europe. It furthermore adds
financing at attractive rates with long duration, thus preserving our strong
balance sheet and flexibility, in line with our general leverage strategy and
capital allocation principles," said Moritz Fuhrmann, CFO of MPCC.

Co-CEO and Executive Management Structure

The Board has today adopted measures to position and strengthen the executive
management team for the next phase of the Company's development.

Constantin Baack will continue to serve as CEO of MPCC, as he has done since the
inception of the Company. In addition, Moritz Fuhrman has now been appointed as
Co-CEO of MPCC alongside Mr. Baack with shared responsibility to run and develop
the Company. Mr. Fuhrmann will also retain his current position as CFO. The
management team is complemented by COO, Christan Rychly, who will continue to
oversee the operating fleet and newbuilding projects, maintaining MPCC's
reputation for operational excellence.

In June 2024, Constantin Baack will also assume the CEO role at MPC Capital AG
("MPC Capital"), MPCC's primary sponsor and largest shareholder. Mr. Baack has
been a member of the Management Board of MPC Capital since 2015.

Chairman of the Board, Ulf Holländer, commented on the Board's measures:

"Since its inception in 2017, MPCC has developed into a leading global tonnage
provider and created significant value for our shareholders. Going forward, we
are committed to maintaining our attractive distribution policy supported by
ample opportunities in the market.

Constantin Baack has successfully steered MPCC since its inception and remains
an invaluable part of the leadership team. He will continue to lead MPCC in
partnership with Moritz Fuhrmann as Co-CEO and Christian Rychly as COO. This
team has worked successfully together over the past few years. Since Mr.
Fuhrmann's appointment as CFO in 2022, he has been a driving force behind
several key measures that have successfully improved the Company's balance sheet
and financial performance. Looking ahead, we have strong confidence in this
team's ability to continue navigating our successful and promising path."

For more information, contact:
r@mpc-container.com (ir@mpc-container.com)

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.