Danaos: Strong Financials Supported By Technicals Indicate A Lagging Market Sentiment 2021/08/06 10:29:37 Seeking Alpha
Danaos Corporation (DAC) CEO John Coustas on Q2 2021 Results - Earnings Call Transcript 2021/08/03 17:40:10 Seeking Alpha
Containership owner Danaos reports strong earnings from charter market bull run 2021/08/03 13:22:08 The Loadstar
Greek containership owner Danaos Corporation said it expected the charter market bull run to continue until at least the end of next year. Ocean carriers are competing fiercely to fix the small number of open ships coming on to the market at virtually any cost; driving a massive spike in daily hire rates and greatly extending charter party periods. New York-listed non-operating owner (NOO) Danaos reported very strong earnings for Q2 and The post Containership owner Danaos reports strong earnings from charter market bull run appeared first on The Loadstar .
Danaos snaps up six boxships 2021/07/14 14:38:43 Splash
Greek containership owner Danaos Shipping has acquired six 5,466 teu container vessels built at Hanjin Subic Bay shipyard in the Philippines for $260m. The New York-listed firm said the vessels, which have an average age of 6.8 years, are on time charter contracts to one of the leading liners with a weighted average charter duration
Danaos Corporation Announces Agreement for the Acquisition of Six 5,466 TEU Eco-design Wide Beam Container Vessels 2021/07/14 12:03:00 Business Wire
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the "Company") (NYSE: DAC) today announced that it has entered into an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay shipyard en bloc for $260 million (the Acquisition). The vessels, which have an average age of 6.8 years, are on time charter contracts to leading liner companies with a weighted average charter duration of approximately 2 years. The Acquisition will increase the Company''s contracted revenue b
Danaos Corporation Consensus Indicates Potential 2.6% Upside 2021/07/06 12:00:07 DirectorsTalk
Danaos Corporation found using ticker (DAC) now have 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 90 and 65 and has a mean target at 76.75. With the stocks previous close at 74.8 this now indicates there is a potential upside of 2.6%. There is a 50 day moving average of 68.73 while the 200 day moving average is 48.33. The company has a market capitalisation of $1,550m. Visit the company website at: /> [stock_market_widget type="chart" symbol="DAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005.
Datable Technology Corporation Upsizes Non-Brokered Private Placement to $525,000 - Stocks News Feed 2021/03/13 00:30:00 Stocks News Feed
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, March 12, 2021 /CNW/ – Datable Technology Corporation (TSXV:DAC) (the “Company“) announces that it plans to close a non-brokered private placement of up to 5,250,000 units of the Company (the “Units“) at $0.10 per Unit for gross… Read More »Datable Technology Corporation Upsizes Non-Brokered Private Placement to $525,000
Shipping Stocks Are Suddenly Revving Up Across The Board 2021/02/17 16:37:04 Benzinga
Tanker spot rates are horrible. Rates for gas carriers have fallen off a cliff. Only container shipping is booming. But you wouldn't know that by looking at ocean shipping stocks. Across every shipping sector, stocks are up double digits in February. "Shipping stocks have been on a tear for the past several weeks," said Clarksons Platou Securities analyst Omar Nokta during a Capital Link-sponsored virtual event on Tuesday. "We've gotten used to seeing pockets [of activity] for tankers or pockets for dry bulk. But we haven't seen this type of interest across the board in a while," said Nokta. Since the beginning of this month, dry bulk stocks of Safe Bulkers (NYSE: SB ), Eagle Bulk (NASDAQ: EGLE ), Golden Ocean (NASDAQ: GOGL ) and Star Bulk (NYSE: SBLK ) are up 61%, 48%, 36% and 35%, respectively. Shares of tanker companies Teekay Tankers (NYSE: TNK ), Scorpio Tankers (NYSE: STNG ) and Euronav (NYSE: EURN ) are up 39%, 31% and 20%, respectively. Other tanker and bulker names are also up big. (Chart: Koyfin) In the container liner and leasing sectors, shares of ZIM (NYSE: ZIM ), Danaos (NYSE: DAC ), Global Ship Lease (NYSE: GSL ), Matson (NYSE: MATX ) and Costamare (NYSE: CMRE ) are up 52%, 40%, 21%, 19% and 17% this month, respectively. (Chart: Koyfin) The ‘retail horde' theory Why has the broader shipping-stock space revved up in February when rates for most non-container segments have not?
A Preview Of Danaos's Earnings 2021/02/12 10:05:00 Benzinga
On Monday, February 15, Danaos (NYSE:DAC) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the …
CORRECTING and REPLACING Danaos Corporation Announces Date for the Release of Fourth Quarter 2020 Results, Conference Call and Webcast 2021/02/09 15:01:00 Yahoo Finance
First sentence of release should read: Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that it will release its results for the fourth quarter ended December 31, 2020 before the open of the market in New York on Tuesday, February 16, 2021 (instead of after the close of the market in New York on Monday, February 15, 2021).