Independent journal on economy and transport policy
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Record quarterly revenues for Danaos Corporation
New historical peak also of operating profit
May 17, 2022
The container ship charter company Danaos Corporation closed the first quarter of 2022 with record revenues pairs to 229,9 million dollars, with an increase of +74.0% on the same period last year. Operating profit also reached a record value being amounted to 140.1 million dollars (+143.2%). Net profit was 331.5 million dollars (+11.7%).
As of 31 March, Danaos' fleet consisted of 71 container ships for a total load capacity of 437 thousand teu. The company has ongoing orders for the construction of six other ships of 7,000-8,000 teu for a capacity total of over 46 thousand teu.
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