Vessel acquisitions

Oslo, 27 October 2017 - MPC Container Ships AS
(the "Company") is pleased to announce that it has acquired
a 2,564 TEU vessel (tbn "AS Petulia") built in 2008, and a
1,200 TEU vessel (tbn "AS Frida") built in 2003. Physical
takeover of the vessels is expected in November 2017. This
brings the fleet of the Company to 25 vessels.

The total investment volume for the two vessels is USD
18.4m.

Further information and contact:
MPC Container Ships AS
Managing Director
Constantin Baack
Email: ir@mpc-container.com