US-listed Greek shipping company Danaos Corp is re-entering the newbuild market six months after announcing it had suspended orders
📌 Order details
▪️ Shipbuilder: CSSC Huangpu Wenchong Shipbuilding (China)
▪️ Vessel type: 9,200 TEU container ships
▪️ Cost: $210 million ($105 million per unit)
⚡️ What surprised the market?
🔹 In August 2024, founder John Koustas said Danaos was postponing orders due to shipyard congestion, delivery delays and geopolitical instability.
🔹 The new contract came as a surprise to the shipping industry
💡 Danaos’ return to the newbuild market confirms the growing demand for modern container ships and the willingness of shipowners to invest in new tonnage.
