Danaos Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- John Coustas
- Full Time Employees
- 4
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- 14 Akti Kondyli Piraeus GI Greece 18545
- IPO Date
- Oct 6, 2006
- CIK
- 0001369241
- Website
- danaos.com
- Similar Companies
- Business
- Danaos Corporation Danaos Corporation (NYSE: DAC), an international provider of seaborne transportation services in the containership and drybulk sectors, owns and charters a modern fleet of vessels primarily on long-term, fixed-rate contracts to leading global liner companies including Maersk, MSC, CMA CGM and COSCO; its container vessel segment operates 74 containerships with capacities ranging from 2,200 TEU to 13,100 TEU aggregating approximately 471,477 TEUs, complemented by 16 containerships under construction totaling around 134,000 TEUs in sizes such as 6,014 TEU, 8,100 TEU and 9,200 TEU vessels; the drybulk segment features 10 Capesize carriers each with 175,500 DWT capacity aggregating 1,760,861 DWT for transporting commodities like iron ore and coal. Founded in 1972 by Dimitris Coustas and led since 1987 by Dr. John Coustas as CEO, with roots tracing to 1963 activities, the company is headquartered in Piraeus, Greece, with its legal domicile in the Marshall Islands and operations serving major trade routes in Australia, Europe, Asia and the United States. Recent developments include the delivery of three newbuild containerships in Q2 2024 comprising two 8,010 TEU and one 7,165 TEU vessels, ongoing fleet modernization through 16 newbuilding orders with deliveries scheduled through 2028 adding over $616 million to contracted revenues in 2024 alone, a January 2025 order for two additional 9,200 TEU vessels at a Chinese shipyard boosting the orderbook to 134,234 TEUs, expansion into drybulk via the 2023-2024 acquisition of 10 Capesize vessels, and chartering activity securing multi-year contracts for the full orderbook while lifting total contracted cash operating revenues to over $3.3 billion as of late 2024 with 99% coverage for 2024 and 80% for 2025.
Company News
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Danaos Q2 Earnings Call Highlights
Danaos Corporation (DAC) Q2 2026 Earnings Call Transcript
Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2026
Danaos (NYSE:DAC) Shares Pass Above 200-Day Moving Average – What’s Next?
Danaos Corporation Announces Date for the Release of Second Quarter 2026 Results, Conference Call and Webcast
Navigating the Future of Shipping: Leadership Insights – Q2 2026
Danaos Corporation Declares Quarterly Dividend on Its Common Stock for the Second Quarter of 2026