Former name: MP THE BELICHICK
Destination: Montreal, Canada
Previous port of call: Valencia, Spain

https://www.freightwaves.com/news/investor-scores-fortune-selling-container-ships-named-after-football-stars
Investor scores a fortune selling container ships named after Patriots
Tuesday, September 14, 2021

New York and Connecticut investment funds rushed into shipping in the decade after the financial crisis, believing they’d make a killing buying low and selling high. Many failed miserably, much to the amusement of industry old-timers — the shipping cycle is not as predictable as newcomers think.

But at least some funds did indeed buy low and sell high. An extreme case in point is New York-based Mangrove Partners, which acquired seven container ships when values were depressed in 2017-18 and just reportedly unloaded six of them at eye-wateringly high prices.

Ship brokerage Compass Maritime called it “one of the most remarkable asset plays in recent memory.” According to information from U.K.-based data provider VesselsValue and Compass (which cited other reports), the six Mangrove container ships were bought for an aggregate price of around $62 million and sold for $348 million to $358 million-plus. Alphaliner put the sale price of the six ships higher, at around $370 million. The various reports imply a return to Mangrove on the six ships of around $300 million.

Ships named after New England Patriots
It’s a time-honored tradition among old-timers to consider a commercial vessel a “she” and christen it with a female or non-gender-specific name.

Mangrove opted for testosterone instead. Once Mangrove purchased its ships, it renamed them after former or current members of the New England Patriots:
MP The Belichick (now MSC TAMPICO) , MP The Brady, MP The Gronk, MP The Edelman, MP The McGinest, MP The Law, MP The Brown

Mangrove’s Chinese-built bulkers are also named after Patriots: the MP The Bruschi (linebacker Tedy Bruschi), MP The Kraft (Pats owner Robert Kraft), MP The Hightower (linebacker Dont’a Hightower), MP The Vrabel (linebacker Mike Vrabel, now the head coach of the Tennessee Titans), MP The Harrison (safety Rodney Harrison) and the MP The Vinatieri (kicker Adam Vinatieri).

See also:
https://www.bloomberg.com/news/newsletters/2021-09-22/supply-chain-latest-patriots-named-ships-scores-millions-in-sale
Mangrove Partners in New York bought four Panamax container ships for a total of $32 million in 2017, according to transaction data from VesselsValue. A year ago, those had a value of $34.1 million. Perhaps auspiciously so, the firm renamed all four ships for the veteran coach and then-players of the New England Patriots.

On Sept. 1, MP The Brady (named for Tom Brady, who spent two decades as Patriots quarterback), MP The Gronk (after tight end Rob Gronkowski), MP The Edelman (for wide receiver Julian Edelman), and MP The Belichick (for coach Bill Belichick) were sold en bloc to Mediterranean Shipping Company for $242 million, according to VesselsValue.