Danaos, the Greek container ship owner, said it re-chartered six vessels, including some of its oldest ships, reflecting the improving conditions in the container ship charter market.
The NYSE-listed company chartered out a 24-year-old, 3,000 20-foot equivalent units ship for six months with an option for an additional six months.
The company chartered a 26-year-old 2,130 TEUs vessel for a period of up to 12 months, and leased a trio of 20-year-old 3,000 TEUs ships for one year with a charterer’s option for one plus one year following the initial chartering period.
Danaos also chartered a six-year-old 4,253 TEUs vessel for a period of 12 months.
Danaos last week announced a first quarter net loss of $101.1 million against a $20 million year earlier profit, partly due to an impairment of $71.5 million for cancelling three 6,500 TEUs due to be delivered by Korea’s Hanjin shipyard in 2012.
--Contact Bruce Barnard at firstname.lastname@example.org.