Welcome to our dedicated page for Danaos news (Ticker: DAC), a resource for investors and traders seeking the latest updates and insights on Danaos stock.
Danaos Corporation reports news as a NYSE-listed shipping company that owns modern, large-size containerships and has expanded into drybulk vessels. Its updates commonly cover quarterly and annual results, conference calls, Form 20-F availability, and segment reporting for container vessels and drybulk vessels.
Company developments also address fleet composition, containership newbuilding orders, capesize and Newcastlemax drybulk investments, fixed-rate charters with major liner companies, contracted revenue backlog, and financing or strategic initiatives tied to maritime transportation assets.
Danaos (NYSE:DAC) reported Q1 2026 net income of $140.4 million ($7.70 diluted EPS), up from $115.1 million ($6.13) in Q1 2025. Adjusted net income was $122.5 million ($6.72 per diluted share). Operating revenues were $253.7 million, nearly flat year over year.
Adjusted EBITDA was $180.6 million versus $171.7 million. Total cash liquidity and marketable securities stood at $1.26 billion, with net debt of $170.1 million (0.23x LTM adjusted EBITDA). The company fully repaid $262.8 million of 8.5% senior notes and prepaid $213.8 million under a syndicated loan, partly refinanced via $371 million in Jolco leases.
Danaos expanded its orderbook with two 5,000 TEU containerships (2027 delivery) and two Newcastlemax dry bulk carriers (2028 delivery), and now has a total contracted revenue backlog of $4.1 billion. The company has repurchased 3.25 million shares for $235.1 million under its buyback program and declared a $0.90 per-share Q1 2026 dividend, payable June 4, 2026.
Danaos Corporation (NYSE: DAC) will release first quarter 2026 results for the period ended March 31, 2026, after U.S. market close on Monday, May 11, 2026. Management will host a conference call on Tuesday, May 12, 2026 at 9:00 A.M. ET with telephonic dial-ins and a live audio webcast.
Replay and an archived webcast will be available on the company website; registration is requested ~10 minutes before the webcast.
Danaos Corporation (NYSE: DAC) announced that its Annual Report on Form 20-F for the year ended December 31, 2025 has been filed with the SEC and is available on the company's website.
Shareholders may request a free hard copy of the complete audited financial statements by contacting the company using the contact details provided.
Danaos Corporation (NYSE: DAC) reported unaudited results for the period ended December 31, 2025, showing consolidated adjusted EBITDA of $719.4M and year-end cash liquidity and marketable securities of $1.405B. Net debt/LTM adjusted EBITDA improved to 0.20x.
Key actions include a $500M seven-year unsecured bond, early repayments of secured facilities, Jolco financings for two newbuilds, $235.1M of share repurchases, a $0.90 quarterly dividend, and a contracted revenue backlog of $4.3B.
Danaos Corporation (NYSE: DAC) will release fourth quarter 2025 results for the period ended December 31, 2025, after U.S. market close on Monday, February 9, 2026. Management will host a conference call on Tuesday, February 10, 2026 at 9:00 A.M. ET with dial-in numbers for U.S., U.K. and international callers and a telephonic replay available through February 17, 2026 (access code 4481482#). A live audio webcast will be available via the company website and an archived webcast will be posted within 48 hours of the call.
Fleet highlights: current fleet of 75 container vessels (477,491 TEUs) and 25 under construction (163,950 TEUs), plus 11 capesize drybulk vessels aggregating ~1,943,286 DWT when fully delivered.
Glenfarne and Danaos (NYSE: DAC) announced a strategic partnership to advance the Alaska LNG project, under which Danaos will facilitate construction and operation of at least six LNG carriers and make a $50 million development capital investment.
Glenfarne is developing Alaska LNG in two financially independent phases: Phase One is a 739-mile, 42-inch pipeline for Alaska domestic supply; Phase Two adds liquefaction and export infrastructure targeting 20 MTPA. Glenfarne secured preliminary commercial commitments for 11 MTPA from buyers in Japan, Korea, Taiwan, and Thailand. Glenfarne owns 75% of the project; Alaska Gasline Development Corporation owns 25%.
Danaos Corporation (NYSE: DAC) announced a strategic partnership with Glenfarne Group to advance the Alaska LNG project.
Danaos will make a $50 million development capital equity investment in Glenfarne Alaska Partners LLC and will be the preferred tonnage provider to construct and operate at least six LNG carriers to deliver LNG for Glenfarne Alaska LNG, LLC. Glenfarne is developing Alaska LNG in two phases, ultimately targeting 20 MTPA export capacity; Glenfarne holds 75% of the project and has preliminary commitments for 11 MTPA.
Danaos (NYSE: DAC) reported results for the quarter and nine months ended September 30, 2025.
Key figures: Q3 adjusted net income $124.1M (diluted adj. EPS $6.75), nine‑month adjusted net income $354.5M, operating revenues Q3 $260.7M, and total contracted cash operating revenues $4.1B. Liquidity: $596.4M cash, $116.3M marketable securities, and $971.4M total liquidity. Leverage: Net debt $164.5M and Net debt / LTM Adj. EBITDA 0.23x. Corporate actions: repurchased 3,022,527 shares for $213.6M, declared a $0.90 quarterly dividend payable Dec 11, 2025, and priced $500M 6.875% senior notes due 2032.
Fleet & backlog: orderbook of 23 newbuilds (153,350 TEU), multi‑year charters for 21 vessels, and contracted coverage of 100% (2025), 95% (2026), 71% (2027).
Danaos Corporation (NYSE:DAC) will release third quarter results for the period ended September 30, 2025 after the U.S. market close on Monday, November 17, 2025. Management will host a conference call to discuss results on Tuesday, November 18, 2025 at 9:00 A.M. ET.
Dial-in details include U.S. toll-free 1 833 890 6464, U.K. toll-free 0 800 279 9489, and international +44 (0) 2075 441 375. A telephonic replay is available through November 25, 2025 using access code 3186440#. A live audio webcast and an archived replay (available within 48 hours) will be on the company website www.danaos.com.
Company fleet: 74 containerships (471,477 TEUs), 18 vessels under construction (148,564 TEUs), and a recent acquisition of 10 Capesize drybulk vessels (1,760,861 DWT).
Danaos Corporation (NYSE: DAC) announced that William Repko resigned from the board of directors effective October 13, 2025. The company said the resignation was not due to any dispute or disagreement with the company or its board.
The board retains a majority of independent directors and has not decided whether to change board size or fill the vacancy. Effective the same date, Charalampos Pampoukis was appointed to the board's Audit Committee to fill Repko's vacancy.