Jul 9, 2024 | Shipbuilding & ship repair news

Greek container ship owner Danaos Corporation has added an extra five environmentally-friendly newbuilding containerships to its orderbook.

The five newbuilding orders with an aggregate contract price of US$ 509m comprise one additional 8,258 TEU vessel to be built at Yangzijiang shipyard in China for delivery in 2027 and four 9,200 TEU container vessels to be built at Dalian shipyard in China, three of which have scheduled deliveries in 2027 and one in 2028. All five vessels will be methanol fuel ready, fitted with open loop scrubbers and Alternative Maritime Power (AMP) units and will be built in accordance with IMO Tier III NOx emission standards and EEDI Phase III.

The company has taken delivery of the three newbuilding vessels, two 8,010 TEU and one 7,165 TEU capacity vessel during the second quarter of 2024  This brings the total of container vessels under construction to 16, with an aggregate capacity of 129,819 TEU. Delivery three of these is expected during 2024, two in 2025, three in 2026, seven in 2027 and one in 2028.

CEO, Dr John Coustas said: “We are very pleased to announce the commissioning of a further five containerships that are at the forefront of new technology. With this new order, Danaos continues to solidify its position as one of the major players in the containership market worldwide and makes yet another solid step towards fleet modernisation. At the same time, we are also pleased to report the results of our recent chartering activity. We have now secured multi-year charters for all the vessels in our orderbook while we have also made significant additions to the contracted revenue backlog of our existing fleet and have further improved earnings and cash flow visibility.”

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