Container ship owner Danaos Corporation has placed orders for four 7,200 TEU containerships to be built at Daehan Shipbuilding in South Korea for scheduled delivery in the first half of 2024.
The vessels will be methanol fuel ready, will come with open loop scrubbers and will be built in accordance with the latest IMO requirements in relation to Tier III emission standards and EEDI Phase III.
Danaos CEO Dr John Coustas said: “We are very pleased to announce the commissioning of four 7,200 TEU containerships. These vessels are at the forefront of new technology, come with the latest specifications on emissions requirements and are methanol ready. With this order Danaos continues to solidify its position as one of the major players in the containership market worldwide.
According to Danaos, current world developments are pointing to significantly elevated fuel prices in the future and bearing in mind the uncertainty of green fuel availability, the company’s strategy is to invest in the most fuel-efficient vessels together with scrubbers that will minimise the fuel cost while maintaining the option to modify the vessels for green methanol use when the fuel will be available.
Coustas said: “This strategy removes the risk of technical obsolescence while it delivers short and medium term benefits on the fuel cost front. Further the midsize segment is the one which is most underbuilt, and replacement will be required. We will continue to work to maximise our profitability and secure more accretive transactions with a focus on creating value for our shareholders.”
