H1 income up 25 %

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Containership owner Danaos Corporation has reported second quarter net income increased by[ds_preview] 25.5%. Also the half year result increased compared to last year. Looking ahead to next year, CEO John Coustas is »cautiously optimistic«. According to the company the adjusted net income for the three months period ended June 30 was 47.7mill. $, compared to 38.0mill. $ for the same period last year or an increase of 25.5%. For H1 2016, the adjusted net income amounted to 94.9mill. $. The figure for H1 2015 was 68.6mill. $. This means an increase of 38.3%. At the same time, operating revenues Q2 decreased 3.2% to 137.0mill. $.