German tonnage provider MPC Container Ships (MPCC) has massively upgraded its earnings expectations for the 2021 financial year on the back of a resurgent charter market.
The Oslo-listed feedership specialist is forecasting Ebitda of between $90m and $120m. That compares with $16.1m in the previous year and is approximately 30% higher than market expectations.
Revenues are slated to come in at between $200m and $240m — some 40% higher than the $170m logged in the previous year.
