Danaos owns a fleet of containerships chartered to liner operators on long-term time charters, providing earnings visibility decoupled from spot rate volatility. Charter coverage is locked in at strong rates through 2027-2028. The diversification into dry bulk through ZIM/Eurobulk stake provides additional optionality. Persistent share buybacks at deep NAV discount drive per-share value accretion.
Thesis reviewed May 29, 2026
Danaos Corporation is headquartered in Greece, which is currently showing moderate signals.
🇬🇷Greece66NEUTRALView Greece risk detail →🚢Shipping47AVOID| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| FRO | Frontline plc | 48 | -4% | ↓50% | AVOID |
| NAT | Nordic American Tankers Limited | 48 | +14% | ↓50% | EARLY |
| ZIM | ZIM Integrated Shipping Services Ltd. | 48 | -13% | ↓50% | AVOID |
| EGLE | Eagle Bulk Shipping Inc. | 48 | +14% | ↓50% | EARLY |
| TEN | Tsakos Energy Navigation Limited | 48 | +12% | ↓50% | EARLY |
| DAC | Danaos Corporation | 48 | +21% | ↓50% | EARLY |
| SFL | SFL Corporation Ltd. | 42 | +12% | ↓50% | EARLY |
Investors who hold DAC may also have indirect exposure through these country funds.
Danaos reports 100% charter coverage through 2027 at premium rates
Container charter market tightens on Red Sea rerouting
Estimates · Yahoo Finance · Not audited figures