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Home News MPC Capital orders four post-panamax vessels at South Korean shipyard

MPC Capital orders four post-panamax vessels at South Korean shipyard

Hamburg-based asset and investment manager MPC Capital has announced an order of four new container vessels at Korean shipyard HJ Shipbuilding & Construction (HJSC), the new brand of Hanjin Heavy Industries & Construction.

The newbuildings will have a capacity of 5,500 TEU and their delivery is scheduled for the second quarter of 2023.

MPC Capital said that the new boxships will have an eco-friendly design, which will allow for a saving of 40% in consumption in comparison to the existing fleet and for conversion to carbon-neutral operations based on green methanol.

“Underlining its high-efficiency the ship design has a high-profile environmental DNV notation and will be built compliant with EEDI-Phase 3 and NOx Tier III standards,” added the German company.

“We are convinced that the demand for new container ships with favorable specifications, low consumption and high environmental ranking will increase,” pointed out Christian Rychly, managing director shipping at MPC Capital.

Moreover, he commented, “The orderbook in this size segment is fairly low and 80% of the vessels in the water today are non-eco ships. At the same time, the positive momentum in the container market continues. Fundamental data signal a further tightening of the supply of assets and with limited yard capacity available the ordering of new ships with these non-replicable delivery positions in 2023 provides a very unique opportunity.”





Antonis Karamalegkos
Managing Editor

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