If the need of the main shipping companies global containerized companies to secure additional capacity for to cope with the operational difficulties due to the need to divert their ships to avoid the region of the Red Sea, where Yemeni rebel attacks continue Houthi to ship traffic, rewards companies whose core business is container ship rental, these benefits are still not reflected in Danaos' income statement Corporation which, with a fleet of 70 container ships and ten bulk carriers, is one of the main global operators in this shipping segment.

Danaos closed the second quarter of 2024 with revenues equal to $246.3 million, with an increase of +2.0% on the same period last year, of which 230.6 million (-4.5%) generated by the fleet of container carriers alone. Operating profit is state of $140.0 million (-5.2%) and net income of $141.1 million million (-4.0%), with a contribution of €133.7 million (-5.4%) from container ship.

If the current market situation is still not reflected on the company's financial performance, the need of liner airlines to secure capacity, according to the Comments on the latest quarterly report of the Administrator Company delegate John Coustas, nevertheless allowed the company to fix the rental of almost all the guaranteeing revenues in the months to come: "in the In recent months, Coustas noted, there have been continuous market disruptions as the situation in the Red Sea is remained difficult and the war in Ukraine continued. The Panama Canal crossings, however, have returned to normal levels, eliminating that interrupting element for now. Market conditions - confirmed the CEO of Danaos - have led scheduled airlines to reassess their capacity and rushed to secure tonnage, including tonnage with forward delivery. Upcoming regulations - added Coustas - have further encouraged liner companies to secure modern tonnage of new construction for medium-term needs without, in most cases, of cases, commit to the long term. In this context, we have obtained charter extensions for a number of our ships in service and we have also extended our program of new construction to a total of 20 ships, three of which were taken over in the second quarter". Coustas has specified that this led to raising to 3.2 billion dollar the contract value of fleet charters and - has specified - "the contractual coverage of the relative rentals to our container fleet, including new construction, is currently 99% for 2024 and 80% for 2025, the which provides us with excellent visibility of revenues."