Danaos expects boost from trade war and sulfur cap

Greek Danaos grew its profit in the second quarter, when, according to the company's CEO, the charter market for large ships was "strong." The container tonnage owner hopes to be able to profit from the IMO's sulfur regulations and the current trade war between the US and China.
Photo: PR / Hapag-Lloyd
Photo: PR / Hapag-Lloyd

Danaos increased its profit in the second quarer even though revenue went in the opposite direction.

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