STOCK TITAN

Danaos Corporation Adds $304 million to Contracted Revenue Backlog and Orders Two Additional Containership Vessels Newbuildings

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags

Danaos Corporation (NYSE: DAC), a leading containership owner, has significantly expanded its operations with two major announcements. The company has secured $304 million in additional contracted revenue backlog, comprising $164 million from forward charter fixtures for four existing vessels and $140 million from charter fixtures for two new vessel orders.

The company ordered two new 7,165 TEU containerships from Dalian Shanhaiguan shipyard in China, featuring advanced eco-friendly specifications including methanol-ready capability, scrubbers, and AMP units. These vessels are scheduled for delivery in Q3 2027.

Danaos now maintains $3.6 billion in total contracted revenues with an average charter duration of 3.9 years. The company's fleet coverage stands at nearly 100% for 2025 and 90% for 2026. With 18 vessels under construction, Danaos's total pro-forma capacity will reach 620,041 TEU.

Danaos Corporation (NYSE: DAC), un'importante proprietaria di contenitori, ha significativamente ampliato le sue operazioni con due importanti annunci. L'azienda ha assicurato 304 milioni di dollari in backlog di entrate contrattate aggiuntive, comprendenti 164 milioni di dollari da forward charter fixtures per quattro navi esistenti e 140 milioni di dollari da charter fixtures per ordini di due nuove navi.

L'azienda ha ordinato due nuove navi portacontainer da 7.165 TEU dalla Dalian Shanhaiguan shipyard in Cina, dotate di specifiche ecologiche avanzate tra cui capacità pronta per metanolo, scrubber e unità AMP. Queste navi sono previste per la consegna nel terzo trimestre del 2027.

Danaos ora mantiene 3,6 miliardi di dollari in entrate contrattate totali con una durata media del charter di 3,9 anni. La copertura della flotta è quasi al 100% per il 2025 e al 90% per il 2026. Con 18 navi in costruzione, la capacità pro-forma totale di Danaos raggiungerà 620.041 TEU.

Danaos Corporation (NYSE: DAC), una destacada empresa propietaria de buques portacontenedores, ha ampliado significativamente sus operaciones con dos anuncios importantes. La compañía ha asegurado 304 millones de dólares en backlog de ingresos contractuales adicionales, que comprenden 164 millones de dólares de fixtures de fletamento a futuro para cuatro buques existentes y 140 millones de dólares de fixtures de fletamento para dos nuevos órdenes de buques.

La empresa encargó dos nuevos portacontenedores de 7.165 TEU desde el astillero Dalian Shanhaiguan en China, con especificaciones ecológicas avanzadas, incluyendo capacidad lista para metanol, scrubbers y unidades AMP. Estos buques están previstos para entrega en el tercer trimestre de 2027.

Danaos mantiene ahora 3,6 mil millones de dólares en ingresos contractuales totales con una duración media de contrato de 3,9 años. La cobertura de la flota es casi del 100% para 2025 y del 90% para 2026. Con 18 buques en construcción, la capacidad pro forma total de Danaos alcanzará 620.041 TEU.

다나오스 코퍼레이션(DANAOS) (NYSE: DAC), 선도적인 컨테이너 선주가 두 가지 중요한 발표로 사업을 크게 확장했습니다. 회사는 추가 계약 매출 back_long 3억 40만 달러를 확보했으며, 이는 기존 네 척의 선박에 대한 미래 용선 계약에서 1억 6,400만 달러, 두 척의 신규 선박 주문에 대한 용선 계약에서 1억 4,000만 달러를 포함합니다.

회사는 중국 다롄 산하관 조선소에서 7,165 TEU 규모의 두 척의 신규 컨테이너선을 주문했고, 메탄올 준비 능력, 스크러버, AMP 유닛 등 친환경 고급 사양을 갖추고 있습니다. 이 선박들은 2027년 3분기에 인도될 예정입니다.

Danaos는 이제 총 계약 매출 3.6십억 달러를 보유하고 있으며, 평균 용선 기간은 3.9년입니다. 2025년 선대 커버리지는 거의 100%, 2026년은 90%이며, 건조 중인 선박 18척으로 Danaos의 총 프로포마 용량은 620,041 TEU에 이를 것입니다.

Danaos Corporation (NYSE: DAC), un important propriétaire de porte-conteneurs, a largement étendu ses activités avec deux annonces majeures. L'entreprise a sécurisé 304 millions de dollars de carnet de commandes (backlog) de revenus contractuels supplémentaires, comprenant 164 millions de dollars issus de fixtures de fret à terme pour quatre navires existants et 140 millions de dollars de fixtures pour deux nouveaux ordres de navires.

L'entreprise a命é deux nouveaux porte-conteneurs de 7 165 TEU provenant du chantier Dalian Shanhaiguan en Chine, dotés de spécifications écologiques avancées incluant une capacité prête pour le méthanol, des scrubbers et des unités AMP. Ces navires sont prévus pour livraison au troisième trimestre 2027.

Danaos détient désormais 3,6 milliards de dollars de revenus contractuels totaux avec une durée moyenne de charte de 3,9 ans. La couverture de la flotte est d'environ 100% pour 2025 et de 90% pour 2026. Avec 18 navires en construction, la capacité pro forma totale de Danaos atteindra 620 041 TEU.

Danaos Corporation (NYSE: DAC), ein führender Container-Reeder, hat seine Aktivitäten mit zwei wichtigen Ankündigungen deutlich erweitert. Das Unternehmen hat zusätzliche vertraglich gebundene Umsätze in Höhe von 304 Millionen US-Dollar gesichert, bestehend aus 164 Millionen US-Dollar aus Forward-Charter-Festlegungen für vier bestehende Schiffe und 140 Millionen US-Dollar aus Charter-Festlegungen für zwei neue Schiffaufträge.

Das Unternehmen hat zwei neue 7.165 TEU Container-Schiffe von der Dalian Shanhaiguan-Werft in China beauftragt, ausgestattet mit fortschrittlichen umweltfreundlichen Spezifikationen einschließlich Methanol-Bereitschaft, Scrubbern und AMP-Einheiten. Die Lieferung dieser Schiffe ist für das dritte Quartal 2027 vorgesehen.

Danaos verfügt nun über 3,6 Milliarden US-Dollar an gesamten vertraglich gebundenen Umsätzen mit einer durchschnittlichen Charterschlussdauer von 3,9 Jahren. Die Flottenabdeckung liegt für 2025 nahezu bei 100% und für 2026 bei 90%. Bei 18 Schiffen im Bau wird die gesamte pro-forma Kapazität von Danaos 620.041 TEU erreichen.

داناوس كوربوريشن (بورصة نيويورك: DAC)، مالك حاويات رائد، وسّعت عملياتها بشكل كبير من خلال الإعلانين الرئيسيين. وضمنت الشركة 304 ملايين دولار إضافية من الأرباح المتعاقد عليها، تتكوّن من 164 مليون دولار من عقود تأجير مستقبلية لأربع سفن قائمة و140 مليون دولار من عقود تأجير لسفينتين جديدتين.

أمرت الشركة سفينتين حاويات جديدتين بسعة 7,165 TEU من حوض دايلان شانهايغوان في الصين، مع مواصفات بيئية متقدمة تشمل قدرة جاهزة للميثانول، وأجهزة تنظيف العادم (Scrubbers) ووحدات AMP. من المقرّر تسليم هذه السفن في الربع الثالث من 2027.

تملك داناوس الآن 3.6 مليار دولار من الإيرادات المتعاقد عليها الإجمالية بمتوسط مدة إيجار 3.9 سنوات. تغطية الأسطول تقارب 100% لعام 2025 و90% لعام 2026. ومع وجود 18 سفينة قيد الإنشاء، ستصل الطاقة الإجمالية المبدئية لـ Danaos إلى 620,041 TEU.

Danaos Corporation (NYSE: DAC),作为领先的集装箱船东,已通过两项重要公告显著扩大运营。公司已获得额外合同化收入回落背书304百万美元,其中164百万美元来自四艘现有船舶的前瞻租船协议,另有140百万美元来自两艘新船订单的租约。

公司已从中国大连山海关造船厂订购两艘7,165 TEU 的新型集装箱船,具备甲醇就绪能力、洗涤器以及 AMP 单元等先进环保规格。预计于2027年第三季度交付。

Danaos 现持有总合同收入为30亿美元,平均租期为3.9年。船队覆盖率在2025年接近100%,2026年为90%。在建造中的18艘船将使 Danaos 的总前瞻产能达到620,041 TEU

Positive
  • Secured $304 million in additional contracted revenue backlog
  • Nearly 100% charter coverage for 2025 and 90% for 2026
  • Total contracted revenues of $3.6 billion with 3.9 years average duration
  • Ordered two eco-friendly vessels with advanced technological features
  • Strong fleet expansion with 18 vessels under construction
Negative
  • Significant capital expenditure required for newbuilding program
  • Extended delivery timeline with most vessels arriving in 2027-2028
  • Potential exposure to shipyard delays or construction risks

Insights

Danaos strengthens revenue visibility with $304M new contracts and expands eco-friendly fleet with two additional vessels ordered for 2027 delivery.

Danaos Corporation has significantly strengthened its financial position by securing $304 million in additional contracted revenue backlog while ordering two more containerships. This two-pronged announcement materially improves the company's earnings visibility and growth trajectory.

The revenue additions are well-balanced: $164 million comes from forward charter fixtures for existing vessels, while $140 million derives from 5-year charters for the newly ordered vessels. This brings Danaos's total contracted revenue to an impressive $3.6 billion with an average charter duration of 3.9 years, providing substantial cash flow predictability through 2026.

The newly ordered 7,165 TEU vessels represent Danaos's commitment to fleet modernization with vessels incorporating advanced environmental technology. Being methanol-ready with scrubbers and AMP units positions these assets well for evolving environmental regulations while potentially commanding premium charter rates.

The company's newbuilding program now encompasses 18 vessels totaling 148,564 TEU, strategically spread across delivery dates through 2028. This measured capacity growth of 24% against the current fleet supports sustainable expansion while the near-complete charter coverage (100% for 2025, 90% for 2026) mitigates speculative exposure to spot market volatility.

This balanced approach to fleet renewal and secured charter backlog demonstrates management's disciplined capital allocation strategy, enhancing Danaos's competitive positioning in the global containership market while providing shareholders with improved earnings stability.

ATHENS, Greece, Sept. 30, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that since the date of its last earnings release, it has (i) added $304 million to its contracted revenue backlog and (ii) ordered two additional two newbuilding containerships.

The additions to the contract revenue backlog include (i) approximately $164 million from forward charter fixtures for four existing vessels and (ii) approximately $140 million from charter fixtures for the new two newbuilding orders. each with a five-year charter duration.

The two newbuilding orders comprise of two additional 7,165 TEU container vessels to be built at Dalian Shanhaiguan shipyard in China expected to be delivered during the third quarter of 2027. The vessels are designed with the latest eco characteristics, will be methanol fuel ready, fitted with open loop scrubbers and Alternative Maritime Power (AMP) units, and will be built in accordance with the latest requirements of the International Maritime Organization (IMO) in relation to Tier III emission standards and Energy Efficiency Design Index (EEDI) Phase III.

As a result of the recent activity, total contracted cash operating revenues, on the basis of concluded charter contracts through the date of this release, currently stand at $3.6 billion. The remaining average contracted charter duration is 3.9 years, weighted by aggregate contracted charter hire.

Contracted operating days charter coverage for the container vessel fleet is nearly 100% for 2025 and 90% for 2026, including newbuildings based on their scheduled delivery dates.

As of the date of this press release, the Company now has 18 container vessels under construction with an aggregate capacity of 148,564 TEU, while total pro-forma containership TEU capacity stands at 620,041 TEU. Anticipated vessel deliveries comprise of one newbuilding vessel in the remainder of 2025, three vessels in 2026, 12 vessels in 2027 and two vessels in 2028.

The Company's CEO, Dr. John Coustas, commented:

"We are very pleased to announce the commissioning of two additional containerships that are at the forefront of new technology. With this new order, Danaos continues to solidify its position as one of the major players in the global containership market and takes yet another step towards fleet modernization.

At the same time, we are also pleased to report the results of our recent chartering activity. With these significant additions to the contracted revenue backlog, we have further improved earnings and cash flow visibility.

We will continue to work to maximize our profitability and create value for our shareholders."

About Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size container vessels. Our current fleet of 74 container vessels aggregating 471,477 TEUs and 18 under construction container vessels aggregating 148,564 TEUs ranks Danaos among the largest container vessels 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 drybulk vessels aggregating 1,760,861 DWT. Our container vessels 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 

Cision View original content:https://www.prnewswire.com/news-releases/danaos-corporation-adds-304-million-to-contracted-revenue-backlog-and-orders-two-additional-containership-vessels-newbuildings-302570947.html

SOURCE Danaos Corporation

FAQ

What is the value of Danaos Corporation's (NYSE: DAC) new contracted revenue backlog announced in September 2025?

Danaos secured $304 million in additional contracted revenue backlog, including $164 million from existing vessel charters and $140 million from new vessel orders.

How many new containerships did Danaos (DAC) order in September 2025?

Danaos ordered two new 7,165 TEU containerships from Dalian Shanhaiguan shipyard in China, scheduled for delivery in Q3 2027.

What is Danaos Corporation's (DAC) total contracted revenue as of September 2025?

Danaos maintains $3.6 billion in total contracted cash operating revenues with an average charter duration of 3.9 years.

How many vessels does Danaos (NYSE: DAC) have under construction?

Danaos has 18 container vessels under construction with a total capacity of 148,564 TEU, with deliveries scheduled between 2025 and 2028.

What is the charter coverage for Danaos Corporation's fleet in 2025 and 2026?

Danaos has secured nearly 100% charter coverage for 2025 and 90% coverage for 2026, including newbuildings based on scheduled delivery dates.
Danaos Corporation

NYSE:DAC

DAC Rankings

DAC Latest News

DAC Latest SEC Filings

DAC Stock Data

1.65B
8.69M
52.53%
20.09%
2.45%
Marine Shipping
Industrials
Link
Greece
Piraeus