Mpc Container Ships As (MPZZF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and good morning everyone. This is Konstantin Bach, CEO of MPC Container Ships. I'm joined today by our CFO and Co-CEO Moritz Fuhrmann. Thank you for taking the time to join our first quarter 2026 earnings call. Earlier today we published our financial results for the first quarter ending March 31st 2026. The stock exchange announcement and the accompanying presentation are available in the Investor Relations section of our website. Before we begin, please note that today's discussion includes forward-looking statements and indicative figures. Extra results may differ materially due to the risks and uncertainties inherent in our business. Before turning to the presentation, I would like to briefly reflect on the first quarter of 2026. We are pleased to report a solid quarter in what continues to be an unusually complex environment. The opening months of 2026 have been shaped by escalating geopolitical tensions, most notably the closure of the Strait of Hormuz, following the Iran conflict, rising energy prices and continued uncertainty around global trade policy. Against this backdrop, our business performed resiliently with high vessel utilization, solid earnings, generating good profits and continued strong chartering activity. On the commercial side, we concluded a number of attractive forward charter fixtures with top liner companies, further extending Our Coverage In Building On Our 2 Billion USD Revenue Backlog On The Fleet Side We Agreed The Sale Of A Ship Which Morris Will Allude To In More Detail And Made Good Progress Across Our New Building Program Both Consistent With Our Strategy Of High Grading The Fleet While Securing Long Term Employment On Modern Tonnage On the balance sheet we closed a revised revolving credit facility with extended ma...