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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
MC Shipping Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
55267Q 104
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(CUSIP Number)
December 21, 2005
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act, but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP No. 55267Q 104 13G Page 2 of 5 Pages
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities
Only)
Weco-Rederi A/S
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2 Check the Appropriate Box if a Member of a Group (a) |_|
(See Instructions) (b) |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
Denmark
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Number of 5 Sole Voting Power
Shares
555.555
--------- ---------------------------------------------------
Beneficially 6 Shared Voting Power
Owned by
-0-
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Each 7 Sole Dispositive Power
Reporting
555.555
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Person With 8 Shared Dispositive Power
-0-
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
555.555
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
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11 Percent of Class Represented by Amount in Row (9)
6.37%
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12 Type of Reporting Person (See Instructions)
CO
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CUSIP No. 55267Q 104 13G Page 3 of 5 Pages
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Item 1 (a) Name of Issuer:
MC Shipping Inc.
(b) Address of Issuer's Principal Executive Offices:
Richmond House
12 Par-la-ville Road
Hamilton HM CX, Bermuda
Item 2 (a) Name of Person Filing:
Weco-Rederi A/S
(b) Address of Principal Business Office or, if None, Residence:
Rungsted Strandvej 113
DK-2960
Rungsted Kyst, Denmark
(c) Citizenship: Denmark
(d) Title of Class of Securities: Common Stock, $0.01 par value
(e) CUSIP Number: 55267Q 104
Item 3. If this statement is filed pursuant to 'SS''SS'240.13d-1(b),
or 240.13d-2(b) or (c), check whether the person filing is a:
(a) ___ Broker or dealer registered under section 15 of the
Exchange Act;
(b) ___ Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) ___ Insurance Company as defined in Section 3(a)(19) of the
Exchange Act;
(d) ___ Investment Company registered under Section 8 of the
Investment Company Act;
(e) ___ An investment adviser in accordance with Rule 13d-1(b)(1)
(ii)(E);
(f) ___ An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) ___ A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) ___ A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) ___ A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act;
(j) ___ Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
CUSIP No. 55267Q 104 13G Page 4 of 5 Pages
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Item 4. Ownership.
(a) Amount Beneficially Owned: 555.555 shares
(b) Percent of Class: 6.37%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 555.555
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the
disposition of: 555.555
(iv) shared power to dispose or to direct the
disposition of: -0-
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company or Control Person.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
CUSIP No. 55267Q 104 13G Page 5 of 5 Pages
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Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or
effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: December 22, 2005.
Weco-Rederi A/S
By: /s/ Oliver Edwards
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Oliver Edwards, Esq.
Attorney-in-fact for Weco-Rederi A/S
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative (other than an
executive officer or general partner of this filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name of and any title of each person who signs the statement shall be typed
or printed beneath his signature.
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).
STATEMENT OF DIFFERENCES
The section symbol shall be expressed as .................................. 'SS'