Danaos Corporation Announces Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast
Rhea-AI Summary
Danaos (NYSE: DAC), a leading independent owner of containerships, has announced the release date for its Q2 2024 financial results. The company will disclose its results on August 5, 2024, after the New York market closes. A conference call and webcast are scheduled for August 6, 2024, at 9:00 A.M. ET to discuss the results.
Danaos currently owns a fleet of 70 containerships with a total capacity of 442,278 TEUs, with an additional 16 vessels under construction adding 129,819 TEUs. The company has also expanded into the drybulk sector, acquiring 10 Capesize vessels with a total capacity of 1,760,861 DWT. Danaos charters its vessels to major liner companies on fixed-rate contracts.
Positive
- Danaos owns a large fleet of 70 containerships with 442,278 TEUs capacity
- The company has 16 containerships under construction, adding 129,819 TEUs to its fleet
- Danaos has diversified into the drybulk sector with 10 Capesize vessels totaling 1,760,861 DWT
- The company's fleet is chartered to major liner companies on fixed-rate contracts
Negative
- None.
News Market Reaction
On the day this news was published, DAC declined 0.49%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Company's management team will host a conference call to discuss the results on Tuesday, August 6, 2024 at 9:00 A.M. ET.
Conference Call Details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers:
Standard International Dial-in: +44 (0) 2075 441 375
Please indicate to the operator that you wish to join the Danaos Corporation earnings call.
A telephonic replay of the conference call will be available until August 20, 2024 by dialing 1 877 344 7529 (US Toll Free Dial In) or 1-412-317-0088 (Standard International Dial In) and using 4582407# as your access code.
Audio Webcast:
A live audio webcast of the conference call will be available through the Danaos Corporation website (www.danaos.com). Participants of the live audio webcast should register on the website approximately 10 minutes prior to the start of the webcast. An archived version of the audio webcast will be available on the website within 48 hours of the completion of the call.
About Danaos Corporation
Danaos Corporation is one of the largest independent owners of modern, large-size container vessels. Our current fleet of 70 containerships aggregating 442,278 TEUs and 16 under construction container vessels aggregating 129,819 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 drybulk sector with the acquisition of 10 Capesize drybulk vessels 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
View original content:https://www.prnewswire.com/news-releases/danaos-corporation-announces-date-for-the-release-of-second-quarter-2024-results-conference-call-and-webcast-302208890.html
SOURCE Danaos Corporation
FAQ
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