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International Danaos Containers

Danaos preaches ‘balanced’ approach to spending after $1bn profit

Cash being generated from the red-hot containership market may be spent on deleveraging and share repurchases, but the Greece-based operator is also mindful of the need for fleet renewal

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Owner predicted supply chain disruption ‘many quarters ago’ but admits that its stake in liner operator Zim has soared in value beyond any expectation>

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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