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MPC Container Ships Mulls USD 100 Mn Tap Issue

mpc-1-1-320x205.pngAs informed, the company has hired DNB Markets and Fearnley Securities to arrange a series of investor meetings commencing on January 29, 2018.

“A USD 100 million senior secured tap issue in the company’s outstanding bonds maturing in September 2022 may follow,” the company said in a stock exchange filing.

Separately, the company said that Oslo Børs has decided to admit the shares in MPC Container Ships ASA to listing on Oslo Axess.

It is stipulated that the company prior to the first day of listing must satisfy the listing requirements on Oslo Axess. The Chief Executive Officer of Oslo Børs determines the date of the first day of listing, which is to be no later than March 9, 2018, according to a stock filing.

Following the conversion of MPC Containers Ships to a public limited liability company (ASA), which was registered with the Register of Business Enterprises today, the new name of the company is MPC Container Ships ASA.

MPC Container Ships was incorporated in Norway in January 2017 as a private limited liability company. The group’s principal business activity is to invest in and operate maritime assets in the container shipping segment.

5.jpgOUCO Marine/Offshore 1T30M@20T3M Telescopic boom cranes are based on a pedestal slewing design with hydraulic cylinder luffing. The boom extension is a telescopic inner section that allows a more flexible and wider operational radius in use and leaves the crane stored in a compact position.

The advantages of the telescopic cranes are low weight and less complex design making them maintenance-friendly.  This offshore crane especially wildly been used in the mild-east area for the OSV (oil service vessel); which is especially designed according to the harsh working environment there. OUCO Marine Telescopic cranes can be designed and manufactured by clients’ requirements in our own factory.The perfect solution for applications that require reach and compact storage, the Telescopic Boom crane is available with two to four box boom sections.

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