Glenfarne Group’s subsidiary Glenfarne Alaska LNG, majority owner and developer of the Alaska LNG Project, and Danaos Corp., one of the world's largest independent owners of containerships, have announced a strategic partnership to advance Alaska LNG, a joint venture with the state of Alaska’s Alaska Gasline Development Corp.
Under the agreement, Danaos will facilitate the construction and operation of at least six liquefied natural gas (LNG) carriers to deliver LNG to global customers and make a $50 million development capital investment to support the project.
“One of Alaska LNG’s major competitive advantages is our short shipping distance to Asia, featuring canal-free routes avoiding contested waters. The addition of reliable shipping solutions meaningfully advances the development of Alaska LNG. John Coustas and his management team have been a pleasure to work with,” said Brendan Duval, CEO and founder of Glenfarne.
Danaos operates modern and effic
