1. Danaos filed its annual report for 2024 with the SEC. 2. The company owns 74 containerships with significant total TEU capacity. 3. Danaos expanded into dry bulk with 10 capesize carriers. 4. The fleet is chartered to major liner companies on fixed rates. 5. Shareholders can access financials on Danaos's website.
The filing of the annual report signifies transparency and regulatory compliance. Companies often see positive price movements following transparent disclosures, as investors feel more secure.
Filing of the annual report and expansion into new sectors suggests growth and operational reliability. These factors are likely to positively influence investor sentiment and stock price.
The ongoing expansion into dry bulk shipping and a solid fleet portfolio suggest positive long-term growth potential. Historical correlations show that strategic fleet expansion can lead to improved future cash flows and stock performance.
Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the Securities and Exchange Commission and can be accessed on the company's website, www.danaos.com.
Alternatively, shareholders may also request a hard copy of the complete audited financial statements, free of charge, by contacting the company using the contact details provided at the end of this press release.
Danaos Corporation is one of the largest independent owners of modern, large-size containerships. Our current fleet of 74 containerships aggregating 471,477 TEUs and 15 under construction containerships aggregating 128,220 TEUs ranks Danaos among the largest containership charter owners in the world based on total TEU capacity. Danaos has also recently invested in the dry bulk sector with the acquisition of 10 capesize bulk carriers aggregating 1,760,861 DWT. Our fleet is chartered to many of the world's largest liner companies on fixed-rate charters. Our long track record of success is predicated on our efficient and rigorous operational standards and environmental controls. Danaos Corporation's shares trade on the New York Stock Exchange under the symbol "DAC".
Visit our website at www.danaos.com
SOURCE Danaos Corporation