Danaos Adds Another New Build to Fleet

Wednesday, October 13, 2010

Danaos Corporation (NYSE: DAC) announced that on October 11, 2010, it took delivery of one more newly built containership, the Hanjin Versailles, expanding its operational fleet to a total of 50 containerships aggregating 219,929 TEU.

The Hanjin Versailles, built at Hanjin Heavy Industries & Construction Co. Ltd. has a carrying capacity of 3,400 TEU, is 730-ft long, 105.6-ft wide and has a speed of 23 knots. The Hanjin Versailles has commenced its 10-year time charter at a fixed charter rate immediately upon delivery.

"We enthusiastically welcome our latest delivery," said Dr. Coustas, Chief Executive Officer of Danaos. "The Hanjin Versailles is the 50th containership in our fleet solidifying Danaos' position among the largest players in the industry and underlining the leadership position of our company. The ship is delivered at a time of a sharp recovery in the containership market with fundamental supply and demand trends pointing to even better times ahead for our industry. We believe Danaos is well positioned for take advantage of this opportunity with its large fleet of modern containerships and the additional 15 new vessels we expect to gradually integrate into our fleet during the next 18 months."

Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Höegh Names SSL as its Agent in Finland

Höegh Autoliners appointed Scandinavian Shipping & Logistics, which has already worked with the Norwegian ocean carrier in Sweden and Norway for several years, as its agent in Finland, effective Dec.

Rieber Amends Dolphin Deal

Norwegian shipping company GC Rieber Shipping ASA has entered into an agreement with Dolphin Geophysical to increase Dolphins competitiveness in a challenging market.

Volvo Ocean Race Partners with Yacht Racing Forum

The Volvo Ocean Race has agreed a three-year partnership with the Yacht Racing Forum.   "We are delighted to welcome the Volvo Ocean Race as a long-term partner,

Maritime Standards Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1242 sec (8 req/sec)