NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, NEW ZEALAND, SOUTH AFRICA OR
JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT
THE END OF THE PRESS RELEASE.

Oslo, 10 July 2020 - Reference is made to the stock exchange announcement on 10
July 2020 where MPC Container Ships ASA ("MPCC" or the "Company") announced the
completion of a private placement of 260,000,000 new shares (the "Private
Placement") and a subsequent offering (the "Subsequent Offering").

In accordance with the continuing obligations for companies listed on the Oslo
Stock Exchange, the following key information is given with respect to the
Subsequent Offering:

Date of announcement of the potential Subsequent Offering was announced: 6 July
2020
Last day of trading including rights to receive subscription rights: 9 July 2020
First day of trading excluding rights to receive subscription rights: 10 July
2020
Record date: 13 July 2020
Maximum number of new shares: 35,000,000 shares
Subscription price: NOK 1.00

Date of approval: Extraordinary general meeting of the Company to be held on 13
July 2020 ("EGM") authorising the Board of Directors to approve the Subsequent
Offering

Other information:

Subject to satisfaction of the conditions for completion of the Private
Placement, the Company will conduct a Subsequent Offering of 35,000,000 new
shares, which, subject to applicable securities laws will be directed towards
shareholders in the Company on 9 July 2020 (as registered in the VPS on 13 July
2020 (the "Record Date")) (i) who were not allocated shares in the Private
Placement, (ii) whose pro rata share of the Private Placement on the basis of
their shareholding as of 9 July 2020 (as registered in the VPS on the Record
Date) is determined to be less than EUR 100,000, and (iii) who are not resident
in a jurisdiction where such offering would be unlawful, or in a jurisdiction
other than Norway which would require any filing, registration or similar
action. The Subsequent Offering is conditional on (a) completion of the Private
Placement, (b) approval of the authorisation of the Board of Directors for the
Subsequent Offering at the EGM, (c) approval and publication of the Prospectus
by the Company.

Advisors:

DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS are engaged as
managers and joint bookrunners in the Private Placement and the Subsequent
Offering. Advokatfirmaet Thommessen AS is acting as legal counsel to the Company
in connection with the Private Placement and the Subsequent Offering. Wikborg
Rein Advokatfirma AS is acting as legal advisor to the Managers in connection
with the Private Placement and the Subsequent Offering.

Further information and contact:

For further information, please contact ir@mpc-container.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code "MPCC") was formed in April 2017. Its main
activity is to own and operate a portfolio of container ships with a focus on
the feeder segment between 1,000 and 3,000 TEU. The Company is registered and
has its business office in Oslo, Norway. For more information, please see our
webpage: www.mpc-container.com.

Important Notice:

This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company.

Neither this announcement nor any copy of it may be made or transmitted into the
United States, or distributed, directly or indirectly, in the United States.
Neither this announcement nor any copy of it may be taken or transmitted
directly or indirectly into Australia, Canada, Japan, Hong Kong, New Zealand or
South Africa or to any persons in any of those jurisdictions, except in
compliance with applicable securities laws. Any failure to comply with this
restriction may constitute a violation of national securities laws. The
distribution of this announcement in other jurisdictions may be restricted by
law and persons into whose possession this announcement comes should inform
themselves about, and observe, any such restrictions. This announcement does not
constitute, or form part of, an offer to sell, or a solicitation of an offer to
purchase, any securities in Australia, Canada, Japan, South Africa, Hong Kong,
New Zealand or the United States or in any jurisdiction to whom or in which such
offer or solicitation is unlawful.

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), or any securities laws of any state or other jurisdiction of the United
States and may not be offered or sold within the United States except pursuant
to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and in compliance with applicable state law.
There will be no public offer of the securities in the United States.

This announcement is an advertisement and does not constitute a prospectus for
the purposes of the Prospectus Regulation (EU) 2017/1129 (as amended, together
with any applicable implementing measures in any Member State, the "Prospectus
Regulation"). In any EEA Member State that has implemented the Prospectus
Regulation, this communication is only addressed to and is only directed at
qualified investors in that Member State within the meaning of the Prospectus
Regulation. In addition, in the United Kingdom, this announcement is not being
distributed, nor has it been approved for the purposes of Section 21 of the
Financial Services and Markets Act 2000 ("FSMA"), by a person authorized under
FSMA and is directed only at persons who (i) are outside the United Kingdom,
(ii) are investment professionals falling within Article 19(5) of the U.K.
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as
amended) (the "Order") or (iii) high net worth companies, and other persons to
whom it may lawfully be engaged with, falling within Article 49(2)(a) to (d) of
the Order (all such persons in (i), (ii) and (iii) above together being referred
to as "relevant persons"). Under no circumstances should persons who are not
relevant persons rely or act upon the contents of this announcement. Any
investment or investment activity to which this announcement relates in the
United Kingdom is available only to, and will be engaged only with, relevant
persons.

Matters discussed in this announcement may constitute forward- looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. The forward-looking statements in this release are based
upon various assumptions, many of which are based, in turn, upon further
assumptions. Although the Company believes that these assumptions were
reasonable when made, these assumptions are inherently subject to significant
known and unknown risks, uncertainties, contingencies and other important
factors which are difficult or impossible to predict and are beyond its control.
Such risks, uncertainties, contingencies and other important factors could cause
actual events to differ materially from the expectations expressed or implied in
this release by such forward-looking statements.

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement.

The distribution of this announcement and other information may be restricted by
law in certain jurisdictions. Persons into whose possession this announcement or
such other information should come are required to inform themselves about and
to observe any such restrictions.