“Whilst we did our part, it now seems that the Koreans — for their own internal politics — will not be honouring their part in supporting the company with liquidity… leaving the owners with a much higher exposure in unpaid hires relative to the amount owned to us back in June.”

Danaos’ chief operating officer Iraklis Prokopakis has a clear conscience over the company's efforts to help Hanjin.

Owners