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SQ
Danaos Adds $304M to Backlog, Orders Two Methanol-Ready Containerships
['Mfame Editor']
mfame.guru
Company orders two additional 7,165 TEU containerships for 2027 delivery.
Total contracted cash operating revenues reach $3.6 billion.
Newbuilding OrdersIn addition to this, Danaos has placed orders for two more 7,165 TEU containerships at the Dalian Shanhaiguan shipyard in China, with delivery expected in the third quarter of 2027.
The average remaining duration of these contracts is 3.9 years, weighted by the total contracted charter hire.
For their container fleet, the contracted operating days charter coverage is nearly 100% for 2025 and 90% for 2026, including the newbuildings based on their expected delivery dates.