Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2022

Rhea-AI Summary

Danaos Corporation (NYSE: DAC) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2022, with the Securities and Exchange Commission. The report can be accessed on the company's website. Danaos is noted for being one of the largest independent owners of containerships, managing a fleet of 68 vessels with a total capacity of 421,293 TEUs, plus 6 new ships under construction. The company's charter agreements are largely fixed-rate with major liner companies, emphasizing its strong operational standards and environmental controls.

Positive

• Strong fleet of 68 containerships with total capacity of 421,293 TEUs.
• 6 additional containerships under construction, expanding future capacity.
• Charters with major liner companies on fixed-rate agreements ensure steady revenue.

Negative

• None.

ATHENS, Greece--(BUSINESS WIRE)-- Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2022 has been filed with the Securities and Exchange Commission and can be accessed on the Company's website, www.danaos.com.

Alternatively, shareholders may also request a hard copy of the complete audited financial statements, free of charge, by contacting the Company using the contact details provided at the end of this press release.

About Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size containerships. Our current fleet of 68 containerships aggregating 421,293 TEUs and 6 under construction containerships aggregating 46,200 TEUs ranks Danaos among the largest containership charter owners in the world based on total TEU capacity. Our fleet is chartered to many of the world's largest liner companies on fixed-rate charters. Our long track record of success is predicated on our efficient and rigorous operational standards and environmental controls. Danaos Corporation's shares trade on the New York Stock Exchange under the symbol "DAC".

Visit our website at www.danaos.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230310005245/en/

Company:



Evangelos Chatzis

Chief Financial Officer

Danaos Corporation

Athens, Greece

Tel: +30 210 419 6480

E-Mail: cfo@danaos.com



Iraklis Prokopakis

Senior Vice President & Chief Operating Officer

Danaos Corporation

Athens, Greece

Tel. +30 210 419 6400

E-Mail: coo@danaos.com



Investor Relations and Financial Media:

Rose & Company

New York

Tel. 212-359-2228

E-Mail: danaos@rosecoglobal.com

Source: Danaos Corporation

FAQ

What does Danaos Corporation's Annual Report for 2022 include?

Danaos Corporation's Annual Report includes audited financial statements and operational data for the year ending December 31, 2022.

Where can I access Danaos Corporation's 20-F report?

The Annual Report on Form 20-F can be accessed on Danaos Corporation's official website.

How many containerships does Danaos Corporation operate?

Danaos Corporation operates a fleet of 68 containerships, totaling 421,293 TEUs.

What are the benefits of Danaos Corporation's fixed-rate charters?

Fixed-rate charters provide Danaos Corporation with stable and predictable revenue streams.