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Issue #590 | Perishables | Mediterranean | Middle East | Africa Trade

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Peroshables

Mediterranean | Middle East | Africa Trade

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2014 Media Kit
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Danaos Corporation takes delivery of 40th containership

By: | at 08:00 PM | Liner Shipping  

Danaos Corporation announced that it took delivery of one more containership, the Zim Dalian, expanding its operational fleet to a total of 40 containerships aggregating 161,680 TEU.

The Zim Dalian has a carrying capacity of 4,253 TEU, built at Samsung Heavy Industries and was delivered on schedule. It is 260 meters long, 32 meters wide and has a speed of 24.5 knots (about 45 Km/h). The Zim Dalian has already commenced its 12-year time charter at fixed rates immediately upon delivery.

“We enthusiastically welcome the latest delivery,” said Dr. Coustas, Chief Executive Officer of Danaos. “We are pleased to have taken delivery of our latest containership from Samsung Heavy Industries. The vessel has already commenced its 12-year time charter with Zim Line, one of the largest containership liner companies in the world. The vessel is chartered at an accretive fixed charter rate that provides Danaos with an effective hedge against market charter rate volatility. We now own and operate a fleet of 40 containerships which provides Danaos with strong cash flows to further support our growth.”