Danaos Corporation operates a fleet of containerships and drybulk vessels engaged in seaborne freight transportation. The company provides deep sea shipping services connecting Australia, Europe, and the United States, with vessels operating under two primary segments: Container Vessels and Drybulk Vessels.
The Container Vessels segment represents the larger operational component, with 74 containerships in service aggregating 471,477 twenty-foot equivalent units (TEUs) as of February 2025. The company has 15 additional containerships under construction totaling 128,220 TEUs. The Drybulk Vessels segment consists of 10 Capesize bulk carriers with a combined capacity of 1,760,861 deadweight tons (DWT), which transport commodities such as iron ore, coal, and grain.
Incorporated in the Marshall Islands and headquartered in Piraeus, Greece, Danaos was founded in 1963. The company operates a global shipping network, generating revenue through freight transportation contracts across the containership and drybulk sectors. The fleet expansion through new vessel construction indicates ongoing capital deployment in the shipping business.
No 10-K filings found.