Danaos reported a decline in profits during the second quarter but touted charter extensions that brought its contact backlog to more than $3bn.
The New York-listed owner of container ships and bulkers reported a bottom-line profit of $141m for the second quarter, down from $147m a year earlier.
With items not tracked by Wall Street stripped out, adjusted net income amounted to $132m, a decline from $143m in the second quarter of 2023.
