Contact Information: For further information please contact: Company Contact: Dimitri Andritsoyiannis Chief Financial Officer Danaos Corporation Athens, Greece Tel: +30 210 419 6481 E-Mail: cfo@danaos.com Iraklis Prokopakis 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 Receives Award for Achievement in Community Work and Corporate Responsibility
| Source: Danaos Corporation
ATHENS, GREECE--(Marketwire - November 20, 2007) - Twenty-seven of Danaos Corporation's
(NYSE : DAC ) vessels were presented the AMVER AWARD by the United States
Coast Guard (USCG) for their continued participation in the Automated
Mutual Assistance Vessel Rescue program in the Year 2006. The Awards were
presented during the AMVER AWARDS dinner of the PROPPELLER CLUB held in
Athens, on November 15, 2007.
AMVER is a worldwide voluntary ship reporting system, operated by USCG, to
promote safety of life at sea. It is a unique computer-based system used by
search and rescue authorities to arrange assistance to persons in distress.
With AMVER, rescue coordinators can identify participating ships in the
area of distress and divert the best-suited ship or ships to respond.
Participation in AMVER is free, voluntary, and open to merchant ships of
all flags.
The USCG created the AMVER AWARDS program as a special way to reward those
vessels that remain on plot for at least 128 days of the year. The Awards
are a tribute to the ship's crew, management and to their ownership and are
critical to the continued success of the program.
Dr. John Coustas, President and CEO of Danaos Corporation, commented: "We
are very proud to receive, for the second year in a row, this recognition
from the US Coast Guard, which rewards our commitment to high operational
and safety standards for our fleet and for safety of life at sea."
About Danaos Corporation
Danaos Corporation is an international owner of containerships, chartering
its vessels to many of the world's largest liner companies. Our 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 32
additional containerships aggregating 217,421 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