Danaos Orders 4 Methanol-Prepared Containerships

Greek shipowner Danaos Company introduced Monday that it has ordered 4 7,200 TEU containerships from Daehan Shipbuilding in South Korea. The neo-panamax newbuilds are slated for supply within the first half of 2024.

The vessels will probably be methanol gasoline prepared, will include open loop scrubbers and will probably be in-built accordance with the newest necessities of the Worldwide Maritime Group (IMO) in relation to Tier III emission requirements and Vitality Effectivity Design Index (EEDI) Section III, mentioned New York-listed Danaos, one of many world’s largest charterers of containerships.

“These vessels are on the forefront of recent know-how, include the newest specs on emissions necessities and are methanol prepared. With this order Danaos continues to solidify its place as one of many main gamers within the containership market worldwide,” mentioned Danaos CEO, Dr. John Coustas.

“The present world developments are stating to considerably elevated gasoline costs sooner or later and taking into account the uncertainty of inexperienced gasoline availability we’re following a method of investing into essentially the most fuel-efficient vessels along with scrubbers that can reduce the gasoline price whereas sustaining the choice to change the vessels into inexperienced methanol use when the gasoline will probably be accessible,” Coustas mentioned. “This technique removes the chance of technical obsolescence whereas it delivers quick and medium time period advantages on the gasoline price entrance. Additional the midsize section is the one which is most underbuilt, and alternative will probably be required. We’ll proceed to work to maximise our profitability and safe extra accretive transactions with a give attention to creating worth for our shareholders.”

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