Danaos Corporation to Participate at the 24th Annual Marine Money Week in New York City

ATHENS, GREECE--(Marketwire - Jun 20, 2011) - Danaos Corporation ("Danaos") (NYSE: DAC), a leading international owner of containerships, today announced that Dr. John Coustas, the company's President and Chief Executive Officer will be participating on the container panel at the 24th Annual Marine Money Week in New York City on Wednesday, June 22, 2011.

Additionally, on Monday, June 20, 2011, the Company's Senior Management held an Analyst Luncheon. The updated Corporate Slide Presentation can be accessed in the Investor Relations section of the Company's website at www.danaos.com.

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 55 containerships aggregating 257,029 TEUs ranks Danaos among the largest containership charter owners in the world based on total TEU capacity. Danaos is one of the largest US listed containership companies based on fleet size. Furthermore, the company has a contracted fleet of 10 additional containerships aggregating 105,650 TEUs with scheduled deliveries up to the second quarter of 2012. The company's shares trade on the New York Stock Exchange under the symbol "DAC."

Visit our website at www.danaos.com