Danaos Orders Two 7,100 TEU Containerships

Danaos Corp DAC placed orders for two 7,100 TEU containerships. Financial terms were not disclosed.
The vessels will be built at Dalian Shipbuilding in China and are expected to be delivered in 2Q24 and 3Q24.
The vessels will be methanol fuel ready and built as per the latest requirements of the International Maritime Organization (IMO).
Price Action: DAC shares are trading lower by 0.86% at $94.31 on the last check Monday.