Irish Continental Group Plc has entered into agreements for the purchase of four lo-lo container vessels for a total consideration of EUR 24.2 million (USD 26.44 million). The vessels are the MV Elbfeeder (built 2008), MV Elbtrader (built 2008) and MV Elbcarrier (built 2007), each which has a capacity for 980 teu (Twenty Foot Equivalent) and a gross tonnage of 8,246 tons and the MV Jork Ranger (built 2005) which has a capacity for 803 teu and a gross tonnage of 7,852 tons.