Associated tags: MPC, ASA, Naval ship, Bank, USD, Disclosure, Policy, News, Nature, Security (finance), TEU, MPCC, Renewable energy, Q&A, EBITDA
Locations: NORWAY, IMO
Retrieved on:
Tuesday, February 27, 2024
USD,
TCE,
Investment,
TEU,
Growth,
Sale,
ESG,
Carbon,
MPCC,
Policy,
EPS,
GHG,
Speciality chemicals for non-recurring items, EBITDA was USD 101.5 million (Q4 2022: USD 114.3 million).
Key Points:
- for non-recurring items, EBITDA was USD 101.5 million (Q4 2022: USD 114.3 million).
- for non-recurring items, the profit for the period was USD 78.5 million compared to USD 91.0 million in Q4 2022.
- As at December 31, 2023, the Group's fleet consisted of 59 vessels, with an aggregate capacity of approximately 126,943 TEU.
- Commenting on MPCC's results in the fourth quarter and for the full year of 2023, CEO, Constantin Baack, said:
"As we reflect on the full year of 2023, I am pleased to share MPC Container Ships' continued resilience, progress, and sustained strong financial performance.
Retrieved on:
Tuesday, February 27, 2024
USD,
TCE,
Investment,
TEU,
Growth,
Sale,
ESG,
Carbon,
MPCC,
Policy,
EPS,
GHG,
Speciality chemicals for non-recurring items, EBITDA was USD 101.5 million (Q4 2022: USD 114.3 million).
Key Points:
- for non-recurring items, EBITDA was USD 101.5 million (Q4 2022: USD 114.3 million).
- for non-recurring items, the profit for the period was USD 78.5 million compared to USD 91.0 million in Q4 2022.
- As at December 31, 2023, the Group's fleet consisted of 59 vessels, with an aggregate capacity of approximately 126,943 TEU.
- Commenting on MPCC's results in the fourth quarter and for the full year of 2023, CEO, Constantin Baack, said:
"As we reflect on the full year of 2023, I am pleased to share MPC Container Ships' continued resilience, progress, and sustained strong financial performance.
This webinar will discuss market trends, fundamentals, and the sector’s outlook.
Key Points:
- This webinar will discuss market trends, fundamentals, and the sector’s outlook.
- The webinar will consist of a roundtable discussion with the moderator and the panelists.
- It will last for a total of one hour, with 45 minutes allotted for the panel discussion, followed by a 15-minute Q&A session.
- Participants can submit questions to the panelists prior to or during the event through the special feature on the event page, or they can email them to us at [email protected] .
IPO,
CET,
Q&A,
Tax,
EBIT,
USD,
Wind,
Plant,
EBITDA,
Webcast,
Depreciation,
Farm,
Renewable energy,
Bank AMSTERDAM and OSLO, Norway, April 27, 2023 /PRNewswire/ -- MPC Energy Solutions (MPCES, Company) today announces its Q1 2023 results.
Key Points:
- AMSTERDAM and OSLO, Norway, April 27, 2023 /PRNewswire/ -- MPC Energy Solutions (MPCES, Company) today announces its Q1 2023 results.
- The quarter was marked by several milestones including connecting three more projects to the power grid and signing long-term off-take agreements for new projects.
- We continue to build more power plants, expand our development backlog and grow our revenues and operating income.
- The Company develops, builds, owns and operates renewable energy projects, including solar PV and wind farms as well as hybrid and energy efficiency solutions, in Latin America and the Caribbean.
Elkem,
USD,
NOx,
MGO,
NOK,
Climate,
Growth,
Company,
Economics,
Policy,
Disclosure,
NCL,
Investment,
EU,
TEU,
Environment,
MPCC,
EUR,
The Company,
Methanol,
MPC,
ASA,
Chief of Army Staff (Pakistan),
News,
Nature,
Security (finance),
Container,
Renewable energy,
Risk management,
Bank The vessels come with 15-year time charters to North Sea Container Line AS (NCL), backed by CoAs from various parties, including a 15-year CoA with Norwegian industrial group Elkem ASA.
Key Points:
- The vessels come with 15-year time charters to North Sea Container Line AS (NCL), backed by CoAs from various parties, including a 15-year CoA with Norwegian industrial group Elkem ASA.
- The transaction will provide earnings visibility into 2040 supporting MPCC's distribution policy, with no negative impact on expected distributions in 2022/2023.
- About MPC Container Ships ASA:
MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage provider with a focus on small to mid-size containerships.
- Its main activity is to own and operate a portfolio of container ships serving intra-regional trade lanes on fixed-rate charters.
Elkem,
USD,
NOx,
MGO,
NOK,
Climate,
Growth,
Company,
Economics,
Policy,
Disclosure,
NCL,
Investment,
EU,
TEU,
Environment,
MPCC,
EUR,
The Company,
Methanol,
MPC,
ASA,
Chief of Army Staff (Pakistan),
News,
Nature,
Security (finance),
Container,
Renewable energy,
Risk management,
Bank The vessels come with 15-year time charters to North Sea Container Line AS (NCL), backed by CoAs from various parties, including a 15-year CoA with Norwegian industrial group Elkem ASA.
Key Points:
- The vessels come with 15-year time charters to North Sea Container Line AS (NCL), backed by CoAs from various parties, including a 15-year CoA with Norwegian industrial group Elkem ASA.
- The transaction will provide earnings visibility into 2040 supporting MPCC's distribution policy, with no negative impact on expected distributions in 2022/2023.
- About MPC Container Ships ASA:
MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage provider with a focus on small to mid-size containerships.
- Its main activity is to own and operate a portfolio of container ships serving intra-regional trade lanes on fixed-rate charters.
Retrieved on:
Wednesday, October 20, 2021
Acquisition,
Policy,
Professional,
EBITDA,
Documentation,
Hamburg Commercial Bank,
DNB,
VPN,
Disclosure,
News,
Internet,
Security (finance),
Q&A,
CEST,
ASA,
USD,
Facility,
Nature,
MPCC,
Group,
TEU,
Company,
Bank,
Mobile phone,
Cryptocurrency Constantin Baack, Chief Executive Officer of MPC Container Ships ASA commented: "We have executed on various measures in order to become a low leverage and high dividend paying stock.
Key Points:
- Constantin Baack, Chief Executive Officer of MPC Container Ships ASA commented: "We have executed on various measures in order to become a low leverage and high dividend paying stock.
- In addition, it creates high flexibility and optionality based on more than 30 unencumbered vessels following the refinancing.
- MPCC's total fleet will consist of 68 vessels once the six vessels have been handed over to their new owners.
- This stock exchange announcement was published by Andreas Nguyen, Investor Relations at MPC Container Ships ASA, on 20 October 2021 at 07:00 CEST.
Retrieved on:
Wednesday, October 20, 2021
Acquisition,
Policy,
Professional,
EBITDA,
Documentation,
Hamburg Commercial Bank,
DNB,
VPN,
Disclosure,
News,
Internet,
Security (finance),
Q&A,
CEST,
ASA,
USD,
Facility,
Nature,
MPCC,
Group,
TEU,
Company,
Bank,
Mobile phone,
Cryptocurrency Constantin Baack, Chief Executive Officer of MPC Container Ships ASA commented: "We have executed on various measures in order to become a low leverage and high dividend paying stock.
Key Points:
- Constantin Baack, Chief Executive Officer of MPC Container Ships ASA commented: "We have executed on various measures in order to become a low leverage and high dividend paying stock.
- In addition, it creates high flexibility and optionality based on more than 30 unencumbered vessels following the refinancing.
- MPCC's total fleet will consist of 68 vessels once the six vessels have been handed over to their new owners.
- This stock exchange announcement was published by Andreas Nguyen, Investor Relations at MPC Container Ships ASA, on 20 October 2021 at 07:00 CEST.
For further details on the transaction and for an operational update on the Company please refer to the presentation.
Key Points:
- For further details on the transaction and for an operational update on the Company please refer to the presentation.
- Arne Blystad, Chairman of Songa Container AS commented: "The container market continues to be strong and MPCC has become a compelling reflection of the underlying container market fundamentals.
- DNB Markets acted as lead advisor for MPC Container Ships ASA and Songa Container AS on the Transaction while Clarksons Platou Securities AS and Fearnley Securities AS acted as joint M&A advisors to MPC Container Ships ASA.
- This stock exchange announcement was published by Andreas Nguyen, Investor Relations at MPC Container Ships ASA, on 22 June 2021 at 21:00 CEST.
For further details on the transaction and for an operational update on the Company please refer to the presentation.
Key Points:
- For further details on the transaction and for an operational update on the Company please refer to the presentation.
- Arne Blystad, Chairman of Songa Container AS commented: "The container market continues to be strong and MPCC has become a compelling reflection of the underlying container market fundamentals.
- DNB Markets acted as lead advisor for MPC Container Ships ASA and Songa Container AS on the Transaction while Clarksons Platou Securities AS and Fearnley Securities AS acted as joint M&A advisors to MPC Container Ships ASA.
- This stock exchange announcement was published by Andreas Nguyen, Investor Relations at MPC Container Ships ASA, on 22 June 2021 at 21:00 CEST.
