Greek containership owner Danaos has confirmed boosting its orderbook with two more 7,165 teu vessels and locked in $304m of fresh charter income.
The Nasdaq-listed company said about $164m stems from forward fixtures on four existing ships, with another $140m tied to the newbuildings, each covered by five-year charters.
The fresh orders were placed at Dalian Shanhaiguan in China, with delivery pencilled in for the third quarter of 2027. The ships will be methanol fuel ready, fitted with open-loop scrubbers and AMP units, and comply with IMO Tier III and EEDI Phase III rules.
The additions bring Danaos’ pipeline to 18 newbuildings, lifting pro-forma capacity to 620,041 teu. Deliveries are scheduled as one vessel later this year, three in 2026, 12 in 2027 and two in 2028.
With the latest deals, Danaos’ contracted revenue backlog now stands at $3.6bn, with an average charter duration of 3.9 years. Coverage is nearly 100% for 2025 and 90% for 2026.
“We are very pleased to announce the commissioning of two additional containerships that are at the forefront of new technology,” said CEO John Coustas, adding: “With this new order, Danaos continues to solidify its position as one of the major players in the global containership market and takes yet another step towards fleet modernisation.”
Danaos controls a fleet of 74 boxships totalling 471,477 teu, alongside its 18-ship orderbook. The owner has also diversified into dry bulk with 10 capesizes aggregating 1.76m dwt.
