BROADCASTS.com

Danaos Corp (DAC) CFO,\xa0Evangelos\xa0Chatzis, joined\xa0Value Investor's Edge Live to discuss the\xa0containership\xa0leasing markets and prospects for 2022. DAC has been a massive winner from the ongoing supply chain crisis, but the have taken the long-term view with very responsible moves including comprehensive refinancing, massive deleveraging, and fixing their fleet onto medium- and long-term contracts to lock in sky-high rates.
Topics Covered

(2:15)\xa0Update on\xa0ocontainership\xa0markets: how long can strength last?


(6:00)\xa0Liners gladly taking ships 2023-2028, what is the market \u2018missing?\u2019


(9:15)\xa0Potential to sell any more older ships?


(11:15)\xa0Further appetite to add growth deals in this market?


(12:45)\xa0What about\xa0newbuilds\xa0with long-term charters attached?


(15:15)\xa0Will cash be wasted on bad growth deals?


(18:00)\xa0How can Danaos close the massive valuation gap?


(20:45)\xa0Dividend policy and future payout policy?


(22:30)\xa0Balance sheet: leverage target and use of funds?


(27:30)\xa0Danaos plans for ZIM stake? Structure to reduce taxes?


(31:00)\xa0Share repurchase program on the table?


(34:45)\xa0What are the key risks to this market and to DAC?


(36:45)\xa0Potential for future contract rolls? CMA CGM \u201cmarket rate\u201d?


(40:30)\xa0Interest in a share split? Potentially 5-1?


(42:15)\xa0Why invest in DAC versus other\xa0containership\xa0peers?