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Container Vessels Utilization Rate
Share of the container fleet actively employed and earning revenue, revealing how well the company turns its ships into cash. Strong utilization indicates healthy charter demand and efficient deployment, while weak utilization can signal market softness, idle capacity, or operational problems that compress earnings.Utilization is essentially maxed out and has ticked higher into late 2025, signaling tight container capacity and strong demand—this underpins Danaos’s expanded contracted backlog and near‑term revenue visibility (management cites full coverage for 2026). That said, high utilization hasn’t delivered material EBITDA growth because contracted charter rates softened and operating/G&A costs rose; the next leg of upside depends on locking long‑term employment for newbuilds and controlling costs, not on utilization alone.
Date | Container Vessels Utilization Rate |
|---|---|
Jun 30, 2026 | 97.70 |
Mar 31, 2026 | 97.70 |
Dec 31, 2025 | 99.30 |
Sep 30, 2025 | 98.10 |
Jun 30, 2025 | 98.40 |
Mar 31, 2025 | 97.20 |
Dec 31, 2024 | 96.40 |
Sep 30, 2024 | 97.70 |
Jun 30, 2024 | 97.40 |
Mar 31, 2024 | 97.30 |