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Container ship declared a total loss after fire in Houston
Danaos will scrap the 'Stride' following a fatal fire that killed two crew members on Jann 8, 2024, in Houston, making it the third Greek vessel sold for demolition this year, after it was declared a total loss. The deal to offload the boxship to a local buyer was borne out of necessity after the fire. Danaos did not operate the vessel, which was in service with the Cosco Shipping Lines at the time of the accident. Brokers attributed the vessel's below-average price of 120 US dollars per ldt, approximately 1.07 million US dollars to its unique circumstances and location. Danaos, however, has not incurred a loss from the transaction, as it has obtained an insurance pay-out related to the fire.
Sold to Breakers
Sold to Breakers as is Houston
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34 - 36 months trading Asia, 26'000$ daily, Cosco Shipping
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