Danaos lifts revenue and eyes rate improvement

Container tonnage-owner Danaos now believes in better rates for the charter market, a market which has been weak for quite some time. Revenue grew slightly in 2018, while scrubber installations are expected to impact rates positively.
Photo: /ritzau/Marius Nyheim
Photo: /ritzau/Marius Nyheim

Greek Danaos, which owns container tonnage, has previously been under pressure due to a weak charter market, but in the last quarter of 2018 things started looking up, says CEO John Coustas in the company's most recent financial report.

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