Thursday, October 25, 2007

Danaos orders five 12,600-TEU ships

Greek shipping giant Danaos Corp said it has ordered five 12,600 TEU containerships, to be built by Hyundai Samho Heavy Industries in a deal worth US$830 million.


Danaos is expected to add about $92 million of earnings before interest, taxes, depreciation and amortisation upon delivery of all five vessels, the company said in a statement.


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