Danaos Corporation Stock News

ATHENS, Greece , Nov. 6, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the third quarter ended September 30, 2025, after the close of the market in New York on Monday, November 17, 2025. The Company's management team will host a conference call to discuss the results on T...

Danaos remains a compelling opportunity, supported by strong financials and a favorable supply-demand gap in maritime transport. 2Q2025 results show revenue growth to $262.15 million, with stable adjusted EBITDA and a growing fleet, highlighting DAC's operational resilience. Valuation using industry multiples (PE, EV/EBITDA, P/CF, P/BV) positions DAC as a leader in margin and financial solvency...

ATHENS, Greece , Oct. 13, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that William Repko has resigned from Danaos Corporation's board of directors, effective as of October 13, 2025. Mr. Repko's resignation was not the result of any dispute or disagreement with the Company or the Company's Board of Director...

ATHENS, Greece , Oct. 9, 2025 /PRNewswire/ -- Danaos Corporation (the "Company") (NYSE: DAC) announced today the pricing of its offering of $500 million of 6.875% Senior Notes due 2032. The notes are being offered and sold in a private offering exempt from the registration requirements under the U.S. Securities Act of 1933, as amended (the "Securities Act").

NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT ATHENS, Greece , Oct. 6, 2025 /PRNewswire/ -- Danaos Corporation (the "Company") (NYSE: DAC) announced today that it plans to commence an offering of up to $500 million of Senior Notes due 2032, subject to market conditions and other factors. The notes are to be offere...

ATHENS, Greece , Sept. 30, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that since the date of its last earnings release, it has (i) added $304 million to its contracted revenue backlog and (ii) ordered two additional two newbuilding containerships.

Danaos Corporation trades at a significant discount due to bearish sentiment in global container shipping. I believe market concerns are overblown, as Danaos is well protected from oversupply risks. Danaos has a $3.6 billion revenue backlog and strong fleet coverage through 2027, supporting future earnings stability.

I continue to lean bullish on Danaos after prior concerns about capital allocation earlier this year. Recent fleet expansion at attractive rates has improved the investment case for DAC. Q2 results showed strong contract coverage, reduced leverage, and clarified the order book and cash position.