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Moody's lifts Danaos outlook to positive
Moody's Ratings has changed the outlook on Danaos Corporation's Ba1 Corporate Family Rating to positive from stable. The rating agency also upgraded the containership owner's senior unsecured notes to Ba1 from Ba2. Revenue visibility supports rating action According to Danaos, Moody's based its decision on the company's increased revenue visibility, substantial cash position and disciplined […] Th…