ATHENS, GREECE — (Marketwire) — 03/12/12 — Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that on March 8, 2012, it took delivery of one more newly built containership, the HYUNDAI TENACITY, expanding its operational fleet to a total of 62 containerships aggregating 325,879 TEU.
The HYUNDAI TENACITY, built at Hyundai Samho Heavy Industries Co. Ltd, has a carrying capacity of 13,100 TEU, is 366 meters long, 48.2 meters wide and has a speed of 24.70 knots. The HYUNDAI TENACITY has commenced its 12-year time charter at a fixed charter rate immediately upon delivery.
Danaos Corporation is an international owner of containerships, chartering its vessels to many of the world-s largest liner companies. Our current fleet of 62 containerships aggregating 325,879 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 3 additional containerships aggregating 39,300 TEU with scheduled deliveries up to 2012. The company-s shares trade on the New York Stock Exchange under the symbol “DAC.”
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