Oslo-listed MPC Container Ships has placed a $228m order for four 4，500 teu container vessels at China’s Taizhou Sanfu Ship Engineering with secured three-year charters， as well as divesting some older tonnage while expanding its financing platform with new debt facilities totalling over $100m.

The ships， which will deliver in 2027， will generate around $140m in revenue from their initial three-year charters， the company said in a release.

The tonnage provider revealed today it is letting go of three older 1，300 teu ships for $31.5m with existing charters attached.

“Our ongoing fleet renewal strategy is further reinforced by these measures，” said CEO Constantin Baack.