Danaos Corporation Reports Revenue Growth Amid Fleet Expansion

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2025.11.18 14:57
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Danaos Corporation reported a 1.8% increase in operating revenues for Q3 2025, driven by fleet expansion and improved utilization, despite lower charter rates. The company maintained a stable financial position with increased debt due to strategic investments. Analysts rate DAC stock as a Buy with a $98 target, noting strong financials but potential bearish momentum. Danaos operates in the shipping industry, focusing on container and drybulk vessels.