NewsDanaos enjoys strong Q3, but sees uncertainty as liners look to cut charter costs

November 15, 2023by 0

Greece-based non-operating containership owner (NOO) Danaos recorded another strong result in the third quarter, posting a net profit of $143m from turnover of $239m.
And, in contrast to its ocean carrier customers, the short- and mid-term outlook for Danaos remains profitable, underpinned by its portfolio of unexpired long-term charters.
However, the NOO sees “a lot of uncertainty, going forward” in the container markets, which perhaps explains why the company has recently diversified …

The post Danaos enjoys strong Q3, but sees uncertainty as liners look to cut charter costs appeared first on The Loadstar.

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