Danaos Corporation

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Danaos Corporation is an international owner of container ships, chartering vessels to many of the world's largest liner companies. Danaos currently has a fleet of 58 active container ships and 7 new buildings to come, aggregating 364,360 Twenty-foot equivalent units (TEU), making it among the largest container ship charter owners in the world. The company's customers include Maersk, COSCO, Hapag-Lloyd, CMA-CGM, Neptune Orient Lines, Yang Ming, China Shipping, Norasia Container Lines Ltd, Hyundai Merchant Marine Co., Wan-Hai Lines and Zim Israel Integrated Shipping Services Ltd.

Danaos Corporation headquarters is in Piraeus, Greece but has offices in Hamburg, Germany, Ukraine, Russia and in Tanzania.

History

Danaos was founded in 1972 by Dimitri Coustas, an experienced shipping investor who had been active in the industry since 1963. Having developed sea transport services throughout its history, Danaos forged a reputation for operational support to liner companies and other charterers throughout the world.

In 1987, John Coustas took over as CEO of Danaos. As of March 12, 2007, the company's fleet comprises 39 container ships aggregating 138,931 twenty foot equivalent units. The company plans to increase this by an additional 147,524 TEU from 28 contracted vessels scheduled for delivery between 2007 and 2010.

External links

• Danaos Corp. website