Danaos Adds $304M To Contracted Revenue Backlog And Orders Two Additional Two Newbuilding Containerships

Danaos Corporation (NYSE:DAC), one of the world's largest independent owners of containerships, announced today that since the date of its last earnings release, it has (i) added $304 million to its contracted revenue backlog and (ii) ordered two additional two newbuilding containerships.

The additions to the contract revenue backlog include (i) approximately $164 million from forward charter fixtures for four existing vessels and (ii) approximately $140 million from charter fixtures for the new two newbuilding orders. each with a five-year charter duration.

The two newbuilding orders comprise of two additional 7,165 TEU container vessels to be built at Dalian Shanhaiguan shipyard in China expected to be delivered during the third quarter of 2027. The vessels are designed with the latest eco characteristics, will be methanol fuel ready, fitted with open loop scrubbers and Alternative Maritime Power (AMP) units, and will be built in accordance with the latest requirements of the International Maritime Organization (IMO) in relation to Tier III emission standards and Energy Efficiency Design Index (EEDI) Phase III.