Danaos Corp improved its earnings for the third quarter as rates recovered faster than expected during the pandemic.
The John Coustas-led owner of 58 containerships posted a $42.8m profit, versus a $33.9m profit during the same period last year.
Adjusted net income came in at $47.3m compared with $37.9m, resulting in a $1.91 earnings per share (EPS) that beat analyst consensus by $0.05
