Oslo-listed MPC Container Ships (MPCC) has splashed more cash on three further boxship acquisitions from Germany - and more are on the way.
The company said it had entered into an agreement with Triton Debt Opportunities and its subsidiary Victoria Schulte Shipping to buy the 2,500-teu Victoria Schulte (built 2005) for $11.8m.
It can pay for $2.99m of this in its own shares if it wishes.
