PIRAEUS, Greece (AP) _ Danaos Corp. (DAC) on Monday reported second-quarter earnings of $372.8 million.

The Piraeus, Greece-based company said it had net income of $18.10 per share. Earnings, adjusted for one-time gains and costs, were $3.34 per share.

The shipping company posted revenue of $146.4 million in the period.

Danaos shares have more than tripled since the beginning of the year. In the final minutes of trading on Monday, shares hit $69.48, increasing nineteenfold in the last 12 months.

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