Danaos Arranges Charters Even For Fully Depreciated Vessels

Tuesday, March 11, 2008

 

Danaos Corporation announced that it has signed an agreement with MCC, a subsidiary of MAERSK, and has already time-chartered the 30 year old S.A. Helderberg, a 3,100 TEU containership, for a period of 12 months beginning December 2007 at fixed daily rates. Danaos also time-chartered its sister ship, the S.A. Sederberg to CMA-CGM at a fixed one year accretive rate. The Company also sold the other 30 year old sister ship to the above mentioned vessels, the S.A Winterberd, to an undisclosed and unrelated third party for approximately $11m booking profits in excess of $5.5m as a result of this transaction. Further, Danaos announced that it has re-chartered the 30 year old Eagle Express to MSC and the to Senator Lines both for two years at accretive rates.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Vessels

ABS Approves Design for GTTNA’s LNG Bunker Barge

GTT North America (GTTNA), the Houston-based subsidiary of French engineering and technology company Gaztransport & Technigaz SA (GTT), received approval in principle from ABS for the design of a 2,

Navios Time Charters Two Product Tankers

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced  that the Nave Equinox and the Nave Pulsar have been chartered out

RINA Launches Notation for Eco-ships

International classification society RINA has launched a new voluntary notation to clearly identify new ship designs which meet eco-ship criteria. The Efficient

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Port Authority Ship Electronics Ship Repair Sonar 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: 0.1542 sec (6 req/sec)