Mpc Container Ships As (MPZZF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and thank you for joining us for MPC Containership's Second Quarter Earnings Call. This is Konstantin Wark speaking, and I'm joined today by my colleague and co CEO and CFO, Maurice Fuhrman. Before we begin, please note that today's discussion includes forward looking statements as well as indicative figures. Actual results may differ materially due to risks and uncertainties inherent in our business. I would like to open today's presentation with a very short reflection. We are pleased to report another solid quarter, both financially and operationally. What stands out to us is the continued modernization and transformation of our fleet. Together with the visibility we now have over our backlog and cash flows for the years ahead. This is not by chance, but by design, the result of a series of deliberate steps we have taken over recent quarters and years. With a contract revenue backlog of 2,200,000,000 and coverage extending well into 2029 and beyond, we believe this visibility leaves us very well positioned for the future. Even as the broader market remains volatile and hard to predict, conditions in our segments have stayed firm. With that backdrop, let me hand over to Moritz to walk us through the highlights of the quarter. Thank you, Konstantin. Also, morning from my side. And let's start with the agenda for today. First, our business update, the quarter's operational highlights, the fleet transaction and our balance sheet position second, the market update and thirdly, we'll close with our company outlook. Turning to the executive summary. Our forward coverage, as we just heard, remains very strong. Almost 100% of open days are covered for the rest of 2026, with almost no position open anymore in our fleet, 85% for the following year, al...