Danaos Shipping Co. Ltd News

WFW advises Danaos on US$450m newbuild vessel financing

Watson Farley & Williams advised Danaos Corporation on a US$450m post-delivery senior secured term loan facility to finance eight newbuild vessels under construction in the Daehan, Dalian and Qingdao shipyards to be delivered in 2024-2025. The lending syndicate comprised four major shipping banks. The newbuilding vessels will be the most efficient in Danaos’ fleet as they are built in accordance with the latest IMO requirements in relation to Tier III emission standards and Energ...

APM returns to address the industry’s demand for sustainability, digitalisation, and innovation

Asia Pacific Maritime (APM), the largest meeting place in Southeast Asia for the global maritime value chain, will return for its 18th installment in Singapore from 13 to 15 March 2024 at the Marina Bay Sands.  The premier exhibition and conference is expected to bring together more than 14,000 shipowners, shipyards, ship management, and technical procurers to meet over 1,400 solutions providers.  Solutions and services “For the past few months, we have been reconnecting with...

New alliance to pave the way for a diverse, equitable, and inclusive maritime industry

In Zurich, industry pioneers from across the global maritime value chain came together to launch the All Aboard Alliance, which will provide a platform for collaborative action to make the maritime industry more diverse, equitable, and inclusive. Global seaborne trade The backdrop for setting up the All Aboard Alliance is the fact that global seaborne trade relies on millions of people working in the maritime sector on shore and at sea. In the aftermath of the COVID-19 pandemic and in light o...

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