Hanjin still haunts Greek shipowner Danaos
Greek Danaos is still struggling with fallout from the collapse of Hanjin, to which the container shipowner had chartered several vessels. Meanwhile, the market will remain under pressure from the many mega-vessels, says CEO John Coustas, who does not expect recovery anytime soon.
Danaos is still reeling from the bankruptcy of Hanjin Shipping, shows the second quarter interim report. The Greek container shipowner booked a revenue of USD 113.9 million against USD 137 million in the same period last year,
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