Danaos' creditors may all need to get involved to resolve the firm's debt situation, according to a distressed debt analyst.
The containership company has 16 loans maturing in December 2018, including eight totaling $2.2bn on only $1.25bn of collateral in the form of owned vessels, according to debt analytics firm Reorg Research.
Reorg has less concerns about the other debt tranche, which includes six loans totaling $247.8m
