company DAC - SteadyBase

steadybase-$ company DAC

account_id none on file

legal_name Danaos Corp

ticker DAC

cik 1369241

domain danaos.com

linkedin_company_url none on file

entry_point_account_id none on file

name Danaos Corporation

exchange NYSE

sector Consumer Discretionary

hq Athens, Greece

irhttps://www.danaos.com/investors/overview/default.aspx

sector index/company/sector/consumer-discretionary/

calls 5 filings 9 executives 12 family 0

why_nownone on file

calls

And this increase is mainly due to COVID-19-related increase in crew remuneration, increased travel expenses, insurance premiums, and generally inflationary pressures that have prevailed between the two periods.

May 16, 2023 / receipt, needs a key / Evangelos Hatzis, CFO | earnings call 2023-05-16 | transcript 57ac1e54-a538-4f20-9e10-05d82e249036 | chars 5693-5904 | segment 5

Vessel operating expenses increased by $2.8 million to $40 million in the current quarter from $37.2 million in the fourth quarter of 2021, mainly as a result of the increase in the average daily operating costs that increased to $6,417 per day for this quarter, up from $5,860 per day in the fourth quarter of 2021, mainly due to COVID-19-related increase in crew remuneration and increase in travel expenses, as well as increased insurance premiums and general inflationary pressures.

Feb 15, 2023 / receipt, needs a key / Evangelos Hatzis, CFO | earnings call 2023-02-15 | transcript 5cfd6a6b-a37e-420a-91f8-ff68d78dbdd7 | chars 5209-5695 | segment 5

Vessel operating expenses increased by $4.5 million to $39.2 million in the current quarter, from $34.7 million in the third quarter of 2021, mainly as a result of the increase in the average number of vessels in our fleet, while the average daily vessel operating cost increased to $6,173 per day for the current quarter, from $5,918 per day in the third quarter of 2021, mainly due to COVID-19 related increase in crew remuneration and increase in travel expenses, as well as increased insurance premiums between the two periods.

Nov 8, 2022 / receipt, needs a key / Evangelos Hatzis, CFO | earnings call 2022-11-08 | transcript c24db9a4-020c-4f8f-a607-4035c20a90ad | chars 5706-6237 | segment 5

Travel bans or restrictions are continuing to repeat our efforts to normalize crew changes.

Aug 3, 2021 / receipt, needs a key / Dr. John Koustas, CEO | earnings call 2021-08-03 | transcript 4d5d4a54-e38a-477e-864c-b53d436dd47c | chars 2468-2559 | segment 2

This, of course, has a positive, let's say, part that we don't incur traveling expenses.

Aug 4, 2020 / receipt, needs a key / Unnamed Executive, other | earnings call 2020-08-04 | transcript 0716fa67-b926-493d-b726-50301f3fcec6 | chars 6940-7028 | segment 7

filings

Dr. John Coustas | 69 | President, Chief Executive Officer and Class I Director