ATHENS, GREECE--(Marketwire - Jul 11, 2011) - Danaos Corporation (
The CMA CGM ATTILA, built at Shanghai Jiangnan Changxing Heavy Industry has a carrying capacity of 8,530 TEU, is 335 meters long, 42.8 meters wide and has a speed of 25.80 knots.
This large post panamax vessel is the largest containership ever built in China and is the first of a series of 5 vessels due to be delivered to Danaos Corporation until the end of 2011.
The CMA CGM ATTILA has commenced its 12-year time charter at a fixed charter rate immediately upon delivery. The annualized EBITDA run-rate contribution of the vessel is expected to be approximately $12.7 mil.
About Danaos Corporation
Danaos Corporation is an international owner of containerships, chartering its vessels to many of the world's largest liner companies. Our current fleet of 56 containerships aggregating 265,559 TEUs ranks Danaos among the largest containership charter owners in the world based on total TEU capacity. Danaos is one of the largest US listed containership companies based on fleet size. Furthermore, the company has a contracted fleet of 10 additional containerships aggregating 105,650 TEU with scheduled deliveries up to the second quarter of 2012. The company's shares trade on the New York Stock Exchange under the symbol "DAC."
Visit our website at www.danaos.com
Contact Information:
For further information please contact:
Company Contact:
Evangelos Chatzis
Chief Financial Officer (Acting)
Danaos Corporation
Athens, Greece
Tel.: +30 210 419 6404
E-Mail: cfo@danaos.com
Iraklis Prokopakis
Chief Operating Officer
Danaos Corporation
Athens, Greece
Tel.: +30 210 419 6400
E-Mail: coo@danaos.com
Investor Relations and Financial Media
Nicolas Bornozis
President
Capital Link, Inc.
New York
Tel. 212-661-7566
E-Mail: danaos@capitallink.com