In the third quarter of this year, Danaos' revenues Corporation, amounting to $256.2 million, recorded a increase of +7.1% over the same period of 2023 which, against a -1.5% drop in revenues to €235.6 million generated by the fleet of owned containerships, which constitute the core business, was produced by the most Recent bulk carrier segment that generated revenues equal to to 20.6 million. Operating profit was 131.7 million dollars (-10.1%) and net income of 123.0 million (-7.6%), with a contribution of €124.1 million (-12.7%) from the container fleet that Danaos charters from leading maritime carriers World.

Currently, Danaos' container carrier fleet is consisting of 73 ships with a hold capacity of 465 thousand TEUs to which 14 newly built ships will be added of the capacity of 116 thousand TEUs ordered by the company, while the most recent bulk carrier segment is consisting of ten Capesize ships with a capacity of almost 1.8 million tons deadweight.

"In the third quarter of 2024 - commented the CEO of Danaos, John Coustas - the market of containers has remained very solid, allowing us to add over $300 million to our backlog of rental contracts that currently amount to 3.3 billion Dollars. It is important to highlight that all our 14 newly built units ordered were placed at rental for five years except for two that were rented for two years". With regard to the market for maritime transport of dry bulk cargo, Coustas noted that "Lately it has been unusually weak, which - explained - can be attributed to an interruption of the seasonal cycles over the course of the year and a decrease in Chinese steel production. Our bulk carrier fleet - has - has operated quite well during the quarter and We expect freight rates to gradually improve as we We are approaching 2025."

>Coustas also focused on the effects on the market of the new US administration led by the newly elected Donald Trump who will assume the presidency on 20 January: "The recent presidential elections in the The United States - he noted - has introduced a new uncertainty on future policies and their effects on the transport market maritime. In particular, President Trump has stated openly its intention to implement or increase tariffs commercial activities that have the potential to reduce the traffic of containers or, at least, to provoke a reorganization of the routes Commercial. In addition, initiatives in the field of energy transition will be implemented at a slower pace and we do not know to what extent the IMO initiatives in place will be supported by the new administration".