Danaos filed record profits for the third quarter on the back of a global supply chain disruption that shows no signs of slowing down.

The Athens-based and New York-listed shipowner reported net income of $217m, adjusted down to $109m when gain on investments and equity income were stripped out.

Chief executive John Coustas said the performance was the result of the jam-packed ports worldwide, supercharged by Danaos completing its acquisition of Coustas-controlled Gemini Shipholdings and its five post-panamax ships.