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 unaudited Q2 2026 net income of $151.8 million and adjusted net income of $133.1 million, up from $116.9 million a year earlier, with diluted EPS of $8.32 and adjusted diluted EPS of $7.29. Operating revenues for the quarter rose to $274.4 million from $262.2 million, driven by stronger drybulk performance and slightly higher fleet size.
For the first half of 2026, net income was $292.2 million and adjusted net income $255.7 million, versus $246.1 million and $230.4 million in 2025. Adjusted EBITDA reached $186.8 million for Q2 and $367.4 million for the half year. As of June 30, 2026, total cash liquidity and marketable securities were $1.46 billion, with net debt of $224.5 million and net debt/last‑twelve‑months adjusted EBITDA of 0.30x.
According to Danaos, contracted operating revenues including newbuildings total $4.6 billion, after adding about $683 million since the prior release. Container charter coverage is 100% for 2026 and 93% for 2027. The company declared a $0.90 per‑share Q2 2026 dividend and maintains approximately $65 million of remaining share repurchase capacity.
Danaos Corporation (NYSE:DAC) will release its second quarter 2026 results for the period ended June 30, 2026, after the market close in New York on Monday, August 3, 2026.
Management will host an earnings conference call on Tuesday, August 4, 2026 at 9:00 A.M. ET, with U.S. toll-free and international dial-in options, a telephonic replay available until August 11, 2026, and a live and archived audio webcast accessible via the company website.
Danaos highlights a fleet of 75 containerships totaling 477,491 TEUs plus 29 newbuilds of 184,550 TEUs, for a pro-forma capacity of 662,041 TEUs, and investments in 15 dry bulk vessels aggregating about 2,787,286 dwt.
Danaos (NYSE:DAC) declared a quarterly cash dividend of $0.90 per share on its common stock for the quarter ended June 30, 2026. The dividend will be paid on July 30, 2026 to shareholders of record as of July 21, 2026.
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.