MPC Container Ships (MPCC) is positioned to benefit from a tightening feedership market in the second half of 2019 and in 2020, chief executive Constantin Baack says.
He expects the feeder containership market to be buoyed by healthy demand and limited supply, despite the uncertainty caused by escalating trade tensions between the US and China.
The Oslo-listed tonnage provider is opting to fix most of its feederships on short-term charters so they can benefit from an expected market recovery in the next six months.