Danaos Corp Returns to Shipbuilding with New Container Ship Order

return to active fleet expansion through newbuildings. The deal involves an agreement with CSSC Huangpu Wenchong Shipbuilding in China, where the two 9,200-teu container units will be constructed. The total investment for these ships is approximately $210 million, with each vessel costing around $105 million. This development comes as a surprise to the industry, as Danaos Corp had previously announced a pause in new vessel plans just last August. The pause was due to concerns about full shipyards, delayed delivery dates, and an uncertain geopolitical climate.