Danaos outlines pro forma fleet of 104 container ships and $4.1B contracted backlog while ordering 4 Newcastlemaxes for 2028

Q1 2026 Management view "This quarter was shaped by the unprecedented events in the Gulf and the closure of the Strait of Hormuz" (Chairman, President & CEO John Coustas), adding that "in the ...
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Why reopening the Strait of Hormuz won’t fix shipping disruptions or high oil prices

A ceasefire in the Middle East might feel like the moment global shipping snaps back to normal. It won't. Even if the Strait of Hormuz reopens fully, experts warn that the disruption to oil, food, and ...