Mpc Container Ships As (MPZZF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

This is Konstantin Barg, CEO of MPC Container Ships, and I'm joined by our CFO and co-CEO, Moritz Fuhrmann. I would like to welcome you to our Q2 2025 earnings call. Thank you for joining us to discuss MPC Container Ships Q2 and half-year 2025 earnings. This morning, we issued a stock market announcement covering MPC's second quarter results for the period ending June 30, 2025. The release as well as the accompanying presentation for this conference call are available on the investor section of our website. Please be advised that the material provided and our discussion today contain certain forward-looking statements and indicative figures. Extra results may differ in material from those stated or implied by forward-looking statements due to the risks and uncertainties associated with our business. Before we dive into the Q2 2025 presentation, let me briefly reflect on the first half of the year. We are pleased to report another strong quarter for MPCC, continuing the momentum from Q1 and highlighting the resilience of our business amid ongoing macroeconomic and geopolitical uncertainty. Despite a challenging external environment, including regulatory shifts and unpredictable trade policies, the container market remained firm. Time chart rates held up well, demand on the second-hand market stayed strong, and island capacity remained low. While the global order books elevated, constrained supply in the small to mid-sized segment, an aging fleet and shifting trade patterns support a favorable supply-demand balance. That said, volatility remains as a factor, and we do not expect smooth sailing going forward, and we continue to approach fleet modernization with discipline and foresight. Maintaining strong investment capacity is critical. Earlier this year, we refined ou...