New York-listed Danaos Corp is continuing to sell down its stake in Israeli liner operator Zim while remaining a top shareholder.
The Danaos stake is down to 7.18m shares in its fellow container ship company, representing about 6.1% of all shares.
John Coustas-led Danaos had held about 10.2m shares at Zim's New York initial public offering in January 2021, a stake of 8.86%
