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Danaos adds fifth newbuild to Dalian series

2024-08-08
247

Greek owner Danaos has bolstered its newbuilding orderbook, adding one more vessel to its 9,200 teu series at Dalian Shipbuilding Industry Co (DSIC).

The Nasdaq-listed boxship tonnage provider and capsize bulker player disclosed in its quarterly earnings report it now has five ships contracted at China’s state-run yard, three of which should deliver in 2027 and two in 2028.

The initial order in July comprised four methanol-ready scrubber-fitted post-panamax units at $105m each, backed by multi-year charter deals.

John Coustas-led Danaos has ordered 20 ships since December 2020, with three already delivered and all fixed for about 4.5 years on average. In terms of further orders, Coustas told investors the company would “pause for the time being”.

Danaos boasts a fleet of 70 containerships, with three more newbuilds joining the fleet later this year. The company has also been accumulating secondhand capsize tonnage and currently counts 10 ships.

Source:Splash247.com