Wednesday, July 18, 2007

UPDATE 1-Danaos to acquire five containerships

(Reuters) - The Greek shipping line said the acquisition would
immediately add to earnings and cash flow upon vessel delivery,
expected in the second half of 2007.




Danaos said the block addition would contribute about $20
million to EBITDA for the first full year of operation.


Read more at Reuters.com Mergers News

No comments: