Contship Pro

A lack of orders for smaller containerships over the past few years, with operators focused on large vessels, is attracting new investors into the secondhand market.

Hamburg-based asset and investment manager MPC Capital said it had already raised $100m in equity to acquire a fleet of feeder (1,000-2,000 teu) and feedermax (2,000-3,000 teu) vessels this year.

A new company, MPC Container Ships, has been formed and group subsidiaries Ahrenkiel Steamship and Contchart will provide technical and commercial management services.

MPC said that, “based on the ...

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