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0.002729896263942 0.001463224397473 0.001463224397473 0.00163793775836517 0.00519148272365652 0.00366586069729357 0.00865767100850178 0.0061617658528976
Stock impact report

Danaos outlines $4.1B charter backlog and extends newbuilding program with $236M in new contracts [Seeking Alpha]

Danaos Corporation (DAC) 
Last danaos corporation earnings: 2/10 05:00 pm Check Earnings Report
Company Research Source: Seeking Alpha
The war in Ukraine continued with no end in sight. And while the conflict in the Middle East is in the process of resolution, transit through Quick Insights Management noted unresolved Ukraine and Red Sea conflicts as risks, but has focused on contract backlog, long-term charters, and strong balance sheet to mitigate impacts. Danaos is adding newbuild vessels at competitive prices, secured new 10-year charters, expanded contracted revenue backlog to $4.1 billion, and maintains high charter coverage through 2027. The company increased its dividend to $0.90 per share, continues selective share buybacks, invests opportunistically in dry bulk assets, and highlighted a sizable liquidity position and low net debt. More Trending News Show less Read more
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