Danaos has surpassed $100/share, posting a record $266M quarter and boasting a $4.3B contracted revenue backlog. DAC's core containership business remains robust, with 100% of 2026 and 87% of 2027 operating days locked at high rates. The $50M Alaska LNG investment marks a strategic diversification but introduces operational risk and a capital allocation debate.
Danaos Corporation (DAC) Q4 2025 Earnings Call Transcript
RGTI's $8.4M C-DAC order for a 108-qubit system signals a shift from experimental cloud access to on-premises government deployments.
| Marine Transportation Industry | Industrials Sector | John Koustas CEO | XFRA Exchange | MHY1968P1218 ISIN |
| GR Country | 4 Employees | 23 Feb 2026 Last Dividend | 2 May 2019 Last Split | - IPO Date |
Danaos Corporation, alongside its subsidiaries, specializes in providing container and drybulk vessel services, particularly operative within Australia, Asia, and Europe. This company is a significant player in the seaborne transportation industry, focusing on the management of vessels in both the containership and drybulk sectors. Originating as Danaos Holdings Limited, the entity underwent a name change to Danaos Corporation in October 2005, signifying a step forward in its evolving identity. Founded in 1963 and headquartered in Piraeus, Greece, Danaos Corporation boasts a long-standing history in the maritime shipping sector, underscored by its growth and expansion over the years. As of April 03, 2024, the company's operational fleet encompasses 68 containerships, providing a substantial capacity of 421,293 twenty-foot equivalent units, showcasing its considerable presence and capability within the shipping industry.
Danaos Corporation offers extensive container vessel services, facilitating the global transportation of goods across major international routes. With a sophisticated fleet of 68 containerships and a capacity of 421,293 twenty-foot equivalent units as of early 2024, the company caters to a wide range of shipping needs, providing reliable and efficient services to clients worldwide. The focus on containership services underscores Danaos's commitment to supporting global trade and commerce by ensuring the smooth transshipment of a vast array of cargo.
In addition to container vessel services, Danaos Corporation extends its expertise to the drybulk sector, offering specialized vessels for the transportation of dry bulk cargos. This service caters to the needs of various industries requiring the movement of bulk materials that are not suitable for containerized shipment. By operating in the drybulk shipping sector, Danaos plays a critical role in the maritime transport of commodities such as grains, coal, ore, and other similar products, contributing significantly to the efficiency and sustainability of global supply chains.