Danaos Corp orders two 5,300-TEU vessels at CSSC's Guangzhou Wenchong Shipyard, enhancing its newbuilding program and fleet capacity.
Danaos Corp has expanded its newbuilding programme with an order for two 5,300-TEU vessels at CSSC's Guangzhou Wenchong Shipyard, reports London's Riviera Maritime Media.
Shipbroking sources indicate that the deal includes options for additional units. Danaos has collaborated closely with CSSC in recent years on multiple shipbuilding projects.
This move marks a return to mid-size tonnage, following last November's order of six 1,800-TEU feeders. Until that point, the US-listed company had primarily focused on ships in the 6,000-9,200 TEU range.
Danaos stated that vessels in this segment remain vital for emerging markets in Asia, Africa, Oceania, and Latin America. Such ships are valued by major charterers for secondary routes and by smaller operators for core capacity.
According to its Q3 earnings release, Danaos controls an orderbook of 23 vessels totalling 153,350 TEU, most of which are already fixed on long-term charters. Deliveries are scheduled from this year through 2029.
All newbuildings will feature eco-efficiency designs and comply with the latest International Maritime Organisation requirements. Danaos also operates 75 container ships amounting to 477,491 TEU and 11 Capesize bulk carriers.
Contracted cash operating revenues stood at US$4.1 billion as of November, including newbuildings. The container fleet has an average charter duration of 4.3 years.
Greek owners have entered 2026 with a strong appetite for ordering. Costamare is reportedly in talks with CSSC for a potential series of 9,200-TEU vessels.