Danaos secures charter deals for almost USD 900m

Major container shipowner Danaos has made charter arrangements and sold two vessels, with the combined transactions infusing the company with around 1 billion US dollars.

Photo: Aly Song/REUTERS / X01793

Danaos, one of the world's largest container shipowners, has entered long-term charter agreements on 11 of the company's vessels for a total value of around USD 870m, according to a press release.

The ships, with capacities ranging from 2,500 to 10,000 teu, will on average be chartered for 4.7-year periods by major container lines, starting in February 2022 and ending in April 2023 in step with current charter agreements expiring.

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