Danaos Corporation Aktie News

The containership market has strengthened significantly in the past few months, with rates exceeding 2024 highs set earlier this year. With a strengthening containership market, Danaos low valuation and high cash flow make it a compelling target for a take-private or acquisition. DAC has underperformed competitor GSL by a large amount, despite their businesses being impacted by the same geopoli...

Shipping disruptions in the Red Sea have led to increased shipping rates in container ships, oil tankers, and dry bulk. Container ships are the most affected trade, followed by oil tankers.

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the first quarter ended March 31, 2024, before the open of the market in New York on Tuesday, May 28, 2024. The Company's management team will host a conference call to discuss the results on Tuesday, May 28, 2024 ...

Danaos is a Greek containership company witnessing underlying "business value" growing faster than its stock quote. Core enterprise value vs. tangible book value readings have reached DAC's lowest point ever and represent the cheapest proportion for any blue-chip transportation stock trading on Wall Street. The company is approaching zero net debt in early 2024 and is projected to achieve $70 f...

I have been bullish on Danaos for the past 2.5 years, but finally, I am feeling worn out and frustrated. The cost of holding Danaos stock, in terms of effort and disappointment, outweighs the potential reward. Nevertheless, my journey with Danaos provided me with a couple of insightful lesseons.

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2023 has been filed with the Securities and Exchange Commission and can be accessed on the company's website, www.danaos.com. Alternatively, shareholders may also request a hard copy ...

Danaos Corporation (DAC) Q4 2023 Earnings Call Transcript

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2023. Highlights for the Fourth Quarter and Year Ended December 31, 2023:   Financial Summary Three Months Ended December 31, 2023 and Three Months Ended December 31, 2...