Danaos publishes investor presentation highlighting $4.6 billion containership charter backlog through 2038 - DAC News | RalliesDanaos publishes investor presentation highlighting $4.6 billion containership charter backlog through 2038
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DAC• Investor presentation highlights backlog and balance sheet
- Danaos highlighted USD 4.6 billion of containership charter backlog through 2038, supporting multi-year contracted cash flow visibility.
- Contract coverage disclosed at 100% for 2026, 93% for 2027, 79% for 2028, 61% for 2029.
- Fleet outlined at 76 containerships with 28 newbuildings, alongside 11 Capesize bulkers with four Newcastlemax newbuildings due in 2028.
- Balance sheet metrics showed net debt of USD 224.46 million, cash of USD 1.01 billion, net debt to LTM adjusted EBITDA of 0.3x.
- Capital return plan reiterated via a USD 300 million buyback authorization, with about USD 65 million remaining capacity.
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