Danaos Corp has acquired two boxships despite its first-quarter earnings falling amid scrubber fitting delays brought on by the Covid-19 pandemic.
The boxship owner — led by Dr John Coustas — borrowed $24m from Macquarie Bank on 12 May to partially fund the $28.3m purchase of an 8,253-teu, 2008-built vessel it renamed Niledutch Lion.
Some of that money also went toward acquiring 8,500-teu Phoebe (built 2005) three weeks ago, according to the company's LinkedIn page.
