My guess this stock will drop significantly. Even tho they have successfully renegotiated contracts for accepting new ships that all have long term contracts, there is still nothing to ship.
According to their last posting, about 12 ships will reach the end of their contracts either 2010 or 2011. No news on new contracts.
Hold if you have the stomach for it, but I would not buy right now.
Recent DAC News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/06/2024 08:33:00 PM
- Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2024 • PR Newswire (US) • 08/05/2024 08:30:00 PM
- Danaos Corporation Announces Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast • PR Newswire (US) • 07/29/2024 08:30:00 PM
- Danaos Corporation Announces Additions of $616 million to its Contracted Revenue Backlog and the Addition of Five Containership Vessels to its Newbuildings Orderbook • Business Wire • 07/08/2024 06:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 08:50:44 PM
- U.S. Futures Present Mixed Pre-Market Performance, Oil Prices Surge • IH Market News • 05/28/2024 11:31:04 AM
- Danaos Corporation Reports First Quarter Results for Period Ended March 31, 2024 • Business Wire • 05/28/2024 11:30:00 AM
- Danaos Corporation Announces Date for the Release of First Quarter 2024 Results, Conference Call and Webcast • Business Wire • 05/10/2024 11:46:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 09:15:13 PM
- Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2023 • Business Wire • 03/04/2024 12:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 09:52:07 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/23/2024 09:09:31 PM
- Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2023 • Business Wire • 02/13/2024 09:30:00 PM
- Danaos Corporation Announces Date for the Release of Fourth Quarter 2023 Results, Conference Call and Webcast • GlobeNewswire Inc. • 02/08/2024 12:30:00 PM
- Live Webinar on the Container Shipping Sector with Senior Executives from Publicly Listed Companies: Thursday, December 7, 2023, at 10 a.m. ET • GlobeNewswire Inc. • 12/04/2023 03:57:29 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/15/2023 09:30:17 PM
- Danaos Corporation Reports Third Quarter and Nine Months Ended September 30, 2023 • Business Wire • 11/13/2023 09:30:00 PM
- Danaos Corporation Announces Date for the Release of Third Quarter 2023 Results, Conference Call and Webcast • Business Wire • 10/27/2023 11:44:00 AM
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