Danaos Corporation Adds One More 8,530 TEU Containership to Its Fleet

ATHENS, GREECE--(Marketwire - Dec 19, 2011) - Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that on December 15, 2011, it took delivery of one more newly built containership, the CMA CGM SAMSON, expanding its operational fleet to a total of 59 containerships aggregating 291,149 TEU.

The CMA CGM SAMSON, built at Shanghai Jiangnan Changxing Heavy Industry, has a carrying capacity of 8,530 TEU, is 335 meters long, 42.8 meters wide and has a speed of 25.80 knots. The CMA CGM SAMSON has commenced its 12-year time charter at a fixed charter rate immediately upon delivery.

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 59 containerships aggregating 291,149 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 6 additional containerships aggregating 74,030 TEU with scheduled deliveries up to 2012. The company's shares trade on the New York Stock Exchange under the symbol "DAC".

Visit our website at www.danaos.com