Contact Information: For further information please contact: Dimitri Andritsoyiannis Vice President and Chief Financial Officer Danaos Corporation Athens, Greece Tel: +30 210 419 6481 E-Mail: cfo@danaos.com Iraklis Prokopakis Vice President and Chief Operating Officer Danaos Corporation Athens, Greece Tel. +30 210 419 6400 E-Mail: coo@danaos.com Investor Relations and Financial Media: Nicolas Bornozis President Capital Link, Inc. New York Tel. 212-661-7566 E-Mail: nbornozis@capitallink.com
Danaos Corporation Adds to Its Fleet Seven Containerships
| Source: Danaos Corporation
ATHENS, GREECE--(Marketwire - October 19, 2007) - Danaos Corporation (NYSE : DAC ) today
announced that it has taken delivery of all five 2,200 TEU containerships;
a deal which was announced back in July.
The vessels were delivered as follows: the Hyundai Vladivostok, on July 23,
the Hyundai Advance, on August 20, the Hyundai Stride, on September 5,
Hyundai Future, on October 2, and the Hyundai Sprinter October 15, 2007,
all chartered to Hyundai Merchant Marine for 10 years.
Further, according to plan, the 4,253 TEU YM Seattle and the 4,300 TEU
Norasia Atria were delivered to Danaos on September 10, and on October 9,
2007 respectively, both chartered to the Yang Ming Group for 12 years.
About Danaos Corporation
Danaos Corporation is an international owner of containerships, chartering
its vessels to many of the world's largest liner companies. Its current
fleet of 36 containerships aggregating 147,472 TEUs ranks Danaos among the
largest containership charter owners in the world based on total TEU
capacity. Danaos is the largest US listed containership company based on
fleet size. Furthermore, the company has a contracted fleet of 27
additional containerships aggregating 154,421 TEU with scheduled deliveries
up to 2011. The company's shares trade on the New York Stock Exchange under
the symbol "DAC."
Visit our website at www.danaos.com