Based in Oslo, Norway, MPC Container Ships ASA was established to take advantage of the favorable market dynamics in the container feeder segment. The company acquires and operates feeder container vessels between 1,000 and 3,000 TEU, which are crucial for the growing intra-regional trade. By purchasing second-hand feeder vessels at low prices, MPC Container Ships has built a significant fleet with some of the lowest cash operating costs in the industry. The company generates revenue by chartering out its container ships and feeder vessels to liner shipping companies and regional carriers. Overall, MPC Container Ships ASA is a leading player in the containership industry, with a focus on the feeder segment.