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HSHI bags Danaos post panamax order

HSHI bags Danaos post panamax order

Seoul: Korean shipyard Hyundai Samho Heavy Industries has signed a $830m contract to construct five 12,6000teu post panamax containerships for Greece's Danaos Corporation. "We have ordered the largest size containerships available," said Dr. Coustas, Danaos ceo. "In addition we have arranged 12 year charters at accretive rates with one of the largest liner companies in the world for all five of these vessels scheduled to be delivered to us in 2011.

"With this order Danaos is reaffirming its position as one of the major players in the containership market worldwide. With this deal we have not only managed to increase our contracted fleet to 32 containerships, but also secure long term charters for all of our vessels currently comprising our contracted fleet. Our contracted revenue has now reached $ 6.5bn," he added.

The new post panamax vessels will increase Danaos' contracted fleet tonnage to 217,421teu.  [23/10/07]

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