Danaos linked to $218m boxship order in China

Greek owner Danaos has been linked to another $218m newbuilding investment in China, with brokers placing the John Coustas-led company behind a pair of 9,200 teu boxships at Shanghai Waigaoqiao Shipbuilding (SWS).

According to Xclusiv Shipbrokers, the New York-listed owner has lined up two ships at the CSSC-controlled yard, priced at around $109m each.