Danaos Takes Delivery of CMA CGM ATTILA

Containership owner Danaos Corporation announced that on July 8, 2011, it took delivery of one more newly built containership, the CMA CGM ATTILA, expanding its operational fleet to 56 containerships aggregating 265,559 TEU.

The CMA CGM ATTILA, built at Shanghai Jiangnan Changxing Heavy Industry, has a carrying capacity of 8,530 TEU, is 335 meters long and 42.8 meters wide, and has a speed of 25.80 knots.

This large post panamax vessel is the largest containership ever built in China and is the first of a series of 5 vessels due to be delivered to Danaos Corporation until the end of 2011.

The CMA CGM ATTILA has commenced its 12-year time charter at a fixed charter rate immediately upon delivery. The annualized EBITDA run-rate contribution of the vessel is expected to be approximately $12.7 mil.