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Greek shipowner Danaos: Rates have stabilized

While trade tensions have left container carriers hesitating on longer contracts, the charter market has stabilized somewhat at current levels, says the CEO of Greek Danaos after publishing results.

Photo: Port of Philadelphia

Greek shipowner Danaos Corporation sees a more stable charter market for container vessels, says the shipowner after the release of its Q1 report.

In the first nine months, Danaos booked an adjusted net result of USD 27.9 million, which was slightly higher than the same period last year when it amounted to USD 24.5 million.

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