Oslo-listed MPC Container Ships has placed a $228m order for four 4,500 teu container vessels at China’s Taizhou Sanfu Ship Engineering with secured three-year charters, as well as divesting some older tonnage while expanding its financing platform with new debt facilities totalling over $100m.

The ships, which will deliver in 2027, will generate around $140m in revenue from their initial three-year charters, the company said in a release. 

The tonnage provider revealed today it is letting go of three older 1,300 teu ships for $31.5m with existing charters attached. 

“Our ongoing fleet renewal strategy is further reinforced by these measures,” said CEO Constantin Baack (pictured).