Danaos delivers profit in rough container market

The Greek shipowner Danaos got back into the black in 2015 with a result of USD 117 million up from a deficit of USD 3.9 million in 2014. The CEO projects a flat market in 2016.

Photo: Ritzau Scanpix/AP/Dimitri Messinis

BY SIGRID NEERGAARD

Greek Danaos Corporation, one of the world's largest non-operating owners of container vessels, saw its numbers turn black with a profit of USD 117 million, according to the recent annual report. The result came to a deficit of USD 3.9 million the previous year. Revenue for the year landed at USD 567.9 million compared to USD 552.1 million in 2014.

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