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 Takes Delivery of Three Containerships From A.P. Moller-Maersk Group
| Source: Danaos Corporation
ATHENS, GREECE -- (MARKET WIRE) -- December 21, 2006 -- Danaos Corporation (NYSE : DAC ) today
announced that it has now taken delivery of all three 4,814 TEU vessels from the A.P. Moller-Maersk
Group according to schedule. The Maersk Marathon, Maersk Messologi and
Maersk Mytilini were delivered on December 12, 17 and 21, 2006 respectively
and are already employed under five-year charters with the A.P. Moller-Maersk Group at a rate of $23,450 per vessel per day. After the initial
five-year charter periods, the A.P.
Moller-Maersk Group will have four consecutive one-year options to
re-charter each ship for $22,400 per day, $21,400 per day, $20,400 per day
and $20,400 per day respectively. The addition of these three vessels to
Danaos' fleet brings the total count of its containerships to 31.
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 31 containerships aggregating 140,137 TEUs ranks Danaos among the
largest containership charter owners in the world based on total TEU
capacity. Danaos is the largest U.S. listed containership company based on
fleet size and market capitalization. Furthermore, the company has on order
15 additional containerships aggregating 75,124 TEU with scheduled
deliveries up to the end of 2009. The company's shares trade on the New
York Stock Exchange under the symbol "DAC."
Visit our website at www.danaos.com