Danaos reports 10 methanol-ready boxships in total tally of newbuilding orderbook
- Published
by Admin

Containership owner Danaos Corporation on Tuesday (8 August) said it entered into contracts for the construction of two methanol-ready 8,258 TEU containerships in June which are expected to be delivered to the firm in 2026.
In its financial results for the firm’s Q2 and half year results for the period that ended on 30 June, Danaos said the order brings the total tally of its newbuilding orderbook to 10 vessels with an aggregate capacity of 74,914 TEU.
Seven of the 10 vessels are expected to be delivered in 2024, one vessel in 2025 and two vessels in 2026.
“All our newbuildings are designed with the latest eco characteristics, will be methanol fuel ready, fitted with Alternative Maritime Power Units and will all be built in accordance with the latest requirements of the International Maritime Organization in relation to Tier III emission standards and Energy Efficiency Design Index (EEDI) Phase III,” it said.
Danaos did not reveal the name of the shipyard that bagged the order for the two methanol-ready 8,258 TEU boxships.
“Danaos continues to advance its decarbonisation strategy in multiple ways. We are constantly optimizing and retrofitting our existing fleet and have committed to upgrade around 20 vessels with new propellers, fuel saving appendages and low friction paints,” Danaos’ CEO Dr. John Coustas, said.
“We have also expanded our new building program with the order of four additional newbuilding vessels. These vessels, two of which are 6,000 TEU and two of which are 8,200 TEU, will be delivered methanol-ready, ensuring the longevity of our investment. In total, we have 10 vessels, with a total capacity of approximately 75,000 TEU, on order.”
“All of these will be able to utilise alternative fuels. Importantly, six of these vessels are already chartered for multi-year periods beginning on their delivery dates in 2024.”
Photo credit: Danaos
Published: 14 August, 2023