Danaos corporation adds two more newly built vessels to fleet

Danaos Corporation, a Greek owner of containerships, announced that on August 16, 2010 and August 18, 2010, it took delivery of two newly built containerships, the CMA CGM RACINE and the YM MATURITY, expanding its operational fleet to a total of 49 containerships aggregating 216,529 TEU.

The CMA CGM RACINE, built at Sungdong Shipbuilding & Marine Engineering, and the YM MATURITY, built at Hanjin Heavy Industries & Construction Co., have both a carrying capacity of 6,500 TEU, are 300 meters long, 40 meters wide and have a speed of 25.6 knots.

The CMA CGM RACINE commenced its 12-year time charter at a fixed charter rate immediately upon delivery as did the YM MATURITY, which commenced its 18-year bareboat charter at a fixed charter rate immediately upon delivery.