(DAC) Danaos - Ratings and Ratios

Danaos Corporation, a global shipping company, operates a diverse fleet of vessels that cater to the container and drybulk sectors. With a presence in key regions such as Australia, Asia, and Europe, the company provides seaborne transportation services, facilitating the movement of goods across the globe. By leveraging its expertise in the shipping industry, Danaos Corporation has established itself as a reliable partner for customers seeking efficient and cost-effective transportation solutions.

As of April 03, 2024, the company's fleet comprises 68 containerships, with a combined capacity of 421,293 twenty-foot equivalent units (TEUs). This significant capacity enables Danaos Corporation to handle a substantial volume of cargo, ranging from consumer goods to raw materials. The company's vessels are designed to navigate various trade routes, ensuring that customers' goods are delivered to their destinations in a timely and secure manner. With its extensive fleet and global reach, Danaos Corporation plays a vital role in supporting international trade and commerce.

Originally founded in 1963 as Danaos Holdings Limited, the company underwent a name change to Danaos Corporation in October 2005. Headquartered in Piraeus, Greece, Danaos Corporation has a long history of operating in the shipping industry, with a strong focus on providing high-quality services to its customers. The company's commitment to excellence is reflected in its modern fleet and experienced management team, which work together to ensure that Danaos Corporation remains a leading player in the global shipping market. For more information, please visit the company's website at https://www.danaos.com, or review its stock details, including its ISIN code (MHY1968P1218) and GICS Sub Industry classification as Marine Transportation.