Search results for: Danaos Corporation

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  • 12 June 2012

    Danaos Corporation DAC 0.00% , a leading international owner of containerships, announced that on June 7, 2012, it took delivery of one more 13,100 containership, the HYUNDAI SPEED, expanding its operational fleet to a total of 63 containerships aggregating 349,949 TEU. The Company expects delivery of its last 13,100 TEU vessel by the end of […]

  • 23 May 2007

    Danaos Corporation Secures Bareboat Charters for Two of its 6,500TEU Containership Orders and Expands Contracted Revenue to USD 4.2 Billion Athens, Greece, May 24, 2007 – Danaos Corporation (NYSE: DAC) today announced that it has secured 18 year bareboat charters for each of two 6,500 TEU containerships. These vessels are part of the recently placed […]

  • 16 February 2018

    Italian authorities seized up to 300 kg of cocaine from a containership berthed at the Port of Genoa.

  • 7 March 2007

    Danaos Corporation Recharters Three Containerships Expanding Its Fleet Charter Coverage to 100% for 2007. Danaos Corporation (NYSE: DAC) today announced that it has signed an agreement with CMA-CGM to time charter three containerships for a period of 36 months and at a net charter rate of $ 22,950 per day. The charters will commence as […]

  • 20 February 2019
    Business & Finance

    Danaos Corporation ended the fourth quarter of 2018 with a major loss due to USD 210.7 million impairment charges.

  • 11 December 2007

    Danaos Corporation Orders with Hyundai Three 10,100 TEU Post Panamax Containerships and Agrees to 12 Year Charters for All. Also Takes Delivery of One 4,253TEU New Building Expanding Current Fleet to 37 Containerships Danaos Corporation announced yesterday that it has ordered three 10,100 TEU containerships. All three Post Panamax containerships will be built by Hyundai […]

  • 15 November 2018
    Business & Finance

    Danaos Corporation has decided to install scrubbers on six vessels.

  • 23 August 2011
    Business & Finance

      Danaos Corporation, a leading international owner of containerships, announced that on August 22, 2011, it took delivery of one more newly built containership, the CMA CGM TANCREDI, expanding its operational fleet to a total of 57 containerships aggregating 274,089 TEU. The CMA CGM TANCREDI, built at Shanghai Jiangnan Changxing Heavy Industry has a carrying […]

  • 2 November 2011
    Business & Finance

    Danaos Corporation, a leading international owner of containerships, announced that on October 26, 2011, it took delivery of one more newly built containership, the CMA CGM BIANCA, expanding its operational fleet to a total of 58 containerships aggregating 282,619 TEU. The CMA CGM BIANCA, built at Shanghai Jiangnan Changxing Heavy Industry, has a carrying capacity […]

  • 13 February 2018
    Business & Finance

    Danaos announces a return to profit as it benefited from a high charter contract coverage in 2017. 

  • 4 August 2015
    Business & Finance

    Athens-based container ship owner Danaos Corporation reported USD 38 million net income for the quarter ended June 30, 2015, a 227.6% increase compared to USD 11.6 million the company had earned in Q2FY2014. Danaos attributed the increased profit to a USD 20.6 million reduction in net finance costs, a USD 0.7 million improvement in total operating costs, an […]

  • 12 March 2012
    Business & Finance

    Danaos Corporation, a leading international owner of containerships, announced that on March 8, 2012, it took delivery of one more newly built containership, the HYUNDAI TENACITY, expanding its operational fleet to a total of 62 containerships aggregating 325,879 TEU. The HYUNDAI TENACITY, built at Hyundai Samho Heavy Industries Co. Ltd, has a carrying capacity of […]

  • 14 August 2018
    Business & Finance

    Danaos Corporation has cut its debt by over half a billion dollars.

  • 4 November 2015
    Business & Finance

    Danaos Corporation, Piraeus-based containership charter owner, reported an adjusted net income of USD 43.8 million for the three months ended September 30, 2015 compared to USD 18 million reported in the same period last year. Danaos attributed the increase of USD 25.8 million in adjusted net income to a reduction of $21.8 million in net finance costs mainly […]

  • 1 August 2017
    Business & Finance

    Still affected by Hanjin bankruptcy, Athens-based containership owner Danaos Corporation recorded a net income of USD 20.2 million in the second quarter of 2017, considerably lower than a net income of USD 44.6 million posted in the same period last year.  The company’s operating revenues stood at USD 113.9 during the three-month period ended June […]

  • 14 May 2019
    Business & Finance

    Danaos Corporation wrapped up Q1 2019 with a considerably increased net income.

  • 16 December 2016
    Business & Finance

    Athens-based containership owner Danaos Corporation recorded a net loss of USD 8.39 million in the third quarter of 2016 mainly due to the bankruptcy of South Korean carrier Hanjin Shipping. As a result of Hanjin’s bankruptcy, Danaos said it did not recognize any operating revenues for eight vessels that had been chartered to the South […]

  • 17 February 2016
    Business & Finance

    Athens-based containership owner Danaos Corporation reported a net income of USD 6.5 million for the three months ended December 31, 2015, compared to a net loss of USD 51.4 million for the three months ended December 31, 2014. For the full year of 2015 Danaos said it reached a net income of USD 117 million, […]

  • 21 June 2018
    Business & Finance

    Danaos Corporation agreed a refinancing deal with lenders holding USD 2.2 billion of debt.

  • 12 April 2007

    Danaos Corporation (NYSE: DAC) today announced that it has signed shipbuilding contracts for five 3,400 TEU vessels with Hanjin Heavy Industries & Construction Co., Ltd. These containerships are expected to be delivered to Danaos from November 2009 through June 2010.

  • 8 May 2012
    Business & Finance

    Danaos Corporation announced that on May 3, 2012 it took delivery of one more newly built containership, the HYUNDAI SMART, expanding its operational fleet to a total of 62 containerships aggregating 336,849 TEU. The HYUNDAI SMART, built at Hyundai Samho Heavy Industries Co. Ltd, has a carrying capacity of 13,100 TEU, is 366 meters long, […]

  • 7 March 2007

    Danaos Corporation (NYSE: DAC) today announced that it has signed shipbuilding contracts for four 6,800 TEU vessels with China Shipbuilding Trading Company, Limited. The vessels will be built by the Shanghai Jiangnan Changxing Heavy Industry Company Limited and they are expected to be delivered to Danaos during the second and third quarter of 2010.