ESG Danaos

ESG Report 2025

Message from the
Company’s Management

Sustainability is not a destination but a continuous journey, one that requires ambition, decisive action, and a commitment to doing business responsibly. At Danaos, we believe that companies creating long-term value for all stakeholders are best positioned to lead the transformation toward a more sustainable future.

The shipping industry is undergoing a profound transformation. The choices we make today will shape the industry for decades to come. We view sustainability not as a compliance obligation, but as a strategic priority and an opportunity to strengthen our business while contributing to a cleaner-energy future.

Decarbonization remains the most pressing challenge facing our sector. We are addressing it through a disciplined and forward-looking fleet investment strategy. Following the delivery of eight methanol-ready container vessels in 2024–2025, two of which are also ammonia-ready, we are progressing with an additional 21 methanol-ready vessels, eight of which carry dual notation as ammonia-ready, scheduled for delivery between 2026 and 2029. These investments reflect firm commitments already underway and position us well for the regulatory and commercial landscape ahead.

We are equally committed to expanding our role in the broader energy transition. By leveraging our shipping expertise to support safe and efficient LNG transportation, we are broadening our footprint across the energy sector and building on our strengths in global seaborne trade.

Danaos is securing a strategic role in the Alaska LNG project, positioning itself at the forefront of emerging energy corridors and reinforcing its commitment to supporting large-scale, reliable LNG supply chains. Meaningful progress requires close collaboration across the maritime value chain, and we remain committed to working with all stakeholders to advance the transition to a lower-carbon future.

We are proud to have achieved our 2030 carbon intensity reduction target six years ahead of schedule, reflecting both technological progress and a strong culture of accountability. This milestone is a measure of what is possible when ambition is matched by discipline. It also raises the bar for what we expect of ourselves going forward, across environmental, social, and governance dimensions alike.

Our performance is further recognized through Danaos’ strong ranking in the S&P Global Corporate Sustainability Assessment within the marine transportation sector.

Sustainability is central to Danaos’ strategy, guiding how we operate, invest, and innovate to create long-term value while addressing environmental and social challenges. Digitalization supports this ambition, enhancing transparency, improving operational efficiency, and enabling real-time monitoring of our environmental performance across the fleet.

We are moving forward with determination on the path to a low-carbon future, driven by innovation, collaboration, and responsible leadership. We remain steadfast in our mission to provide efficient, safe, and sustainable transportation of goods, while delivering long-term value to our shareholders and a positive, lasting impact on our employees and society.

The course is set, and we are confident in the journey ahead.

Global
Operations

Trading Areas

Pacific Corridor

Far East / SE Asia → US West Coast
Far East → Canada West Coast
Far East / SE Asia → Pacific Northwest

Atlantic Corridor (via Panama)

Asia / India / Middle East → USEC
Asia → US Gulf
Far East → US East Coast (via Panama Canal)

Far East / Asia → Northern Europe
India / Middle East → Mediterranean
Asia → Med → USEC
Europe ↔ West Africa ↔ Asia loops

West Africa

Asia → West Africa
Persian Gulf → West Africa
North Europe → West Africa → Far East

East Africa / Indian Ocean

Indian Subcontinent → East Africa
SE Asia → Southeast Africa
Far East → East Africa

Eastern Asia ↔ Southeast Asia
Southeast Asia ↔ Southern Asia
Persian Gulf ↔ India
Intra-Far East network

Atlantic Coast

Far East → East Coast South America
Asia → Brazil
EC Latin America ↔ Asia

Pacific Coast

Far East → WC Central America
Far East → WC South America
Asia → Mexico / Panama / Caribbean

Australia ↔ Far East
Australia ↔ Southeast Asia
Australia ↔ Eastern Asia
Australia ↔ Latin America
Australia ↔ South Africa / West Africa

Australia → Far East
Far East ↔ Latin America
Far East ↔ Africa

Angola, Argentina,

Australia, Bahamas,

Bahrain, Belgium,

Belize, Benin, Brazil,

Cameroon, Canada,

Chile,

Mauritius, Mexico,

Morocco, Namibia,

Netherlands, New

Zealand, Nigeria,

Oman, Pakistan,

Panama, Peru,

Philippines,

China, Columbia,

Comoros, Congo

Republic, Costa

Rica, Côte d’Ivoire,

Croatia, Dominican

Republic, Ecuador,

Egypt, France,

French Polynesia,

Germany, Ghana,

Gibraltar, Greece,

Guadeloupe,

Guatemala, Guinea,

Honduras, Hong

Kong, India,

Indonesia, Iraq,

Ireland, Italy,

Jamaica, Japan,

Jordan, Kenya,

Lebanon, Malaysia,

Malta, Martinique,

Mauritania,

Portugal, Qatar,

Réunion, Romania,

Saudi Arabia,

Senegal, Singapore,

Slovenia, South

Africa, South Korea,

Spain, Sri Lanka,

Taiwan,

Tanzania, Thailand,

Togo, Trinidad and

Tobago, Turkey,

United Arab

Emirates,

United Kingdom of

Great Britain and

Northern Ireland,

United States of

America, Vietnam.

Our
Profile

Purpose of the report

Welcome to Danaos Corporation’s ESG Report, which reflects and expands on our ongoing sustainability journey. Since 2018, when we issued our first ESG Report covering fiscal year 2017, we have committed to integrating sustainability into our business model. Over time, our ESG strategy has reinforced our determination to exceed the International Maritime Organization’s GHG emissions targets and to align our actions with the UN Sustainable Development Goals. Achieving these ambitions requires close collaboration with our stakeholders, ensuring we address their expectations and interests in a transparent, consistent, and comprehensive way.

This is the third report issued following the establishment of our ESG Committee. The execution of our ESG strategy contributed to a meaningful improvement in our performance and external ratings over the past year, including stronger sustainability metrics through our S&P Global CSA disclosures and improved disclosure to CDP, placing us among the higher-performing companies in the marine transport sector.

In addition, we continue this year to take steps and implement ongoing processes to achieve GHG emissions neutrality in accordance with the Low Carbon Transition Plan we have created.

This Report provides a comprehensive overview of our annual performance, ESG strategy, and targets. We are proud to share our environmental, social, safety, and governance performance for 2025, alongside a broader set of commitments and initiatives designed to support our employees, suppliers, customers, and the communities in which we operate worldwide.

Danaos Corporation is guided by three core pillars—efficiency, safety, and reliability—creating long-term value for our stakeholders by pursuing environmentally responsible and sustainable solutions. This report has been prepared in accordance with the Global Reporting Initiative (GRI) and SASB standards and covers the reporting period from January 1, 2025, to December 31, 2025, aligned with our financial reporting period.

Danaos Corporation Overview

Danaos Corporation is a leading maritime company specializing in the ownership, chartering, and management of containerships and dry bulk vessels, supporting global trade through long-standing partnerships with premier liner operators.

Our fleet currently comprises 75 containerships, including two BB-chartered vessels, with a total capacity of 477,491 TEUs. Our growth pipeline includes 27 newbuild containerships expected to add 174,550 TEUs, reinforcing our position among the top containership leasing companies globally by TEU capacity.

Our containership business model is built on operational stability, with vessels primarily deployed under long-term charters to a diversified group of leading customers, including CMA CGM, MSC, Hapag Lloyd, COSCO, PIL, Maersk, ONE, Sealead, OOCL, Samudera, Interasia Lines, Yang Ming, and ZIM.

Complementing this segment, Danaos operates a strategically managed dry bulk fleet of 10 Capesize vessels totaling 1,760,677 DWT and one additional drybulk vessel 182,425 DWT delivered in March 2026. These vessels mainly trade under short-term time and voyage charters, providing flexibility and supporting optimized utilization. The Company also has four Newcastlemax vessels on order, expected to add an aggregate of 844,000 DWT.

Danaos’ operations are supported by a focus on operational efficiency, safety, and environmental performance. The Company utilizes advanced fleet management systems and eco-efficient technologies to enhance vessel performance and fuel optimization in line with decarbonization objectives.

Headquartered in Piraeus, Greece, Danaos maintains an international operating presence with crewing offices in Cyprus, Russia, Ukraine, and Tanzania, and site offices in South Korea (Republic of Korea) and China, enabling coordinated oversight of fleet operations.

Governance and strategic direction are overseen by the Board of Directors and Executive Officers. Operational management is conducted through Danaos Shipping Co. Limited and its affiliates, including Danaos Chartering, which provide technical and administrative and certain commercial services. These entities operate under the oversight of the Company’s executive management and Board of Directors.

The Company monitors performance through defined ESG indicators to support accountability, transparency, and continuous improvement. Danaos Corporation is publicly listed on the New York Stock Exchange under the ticker symbol DAC and remains committed to responsible business practices and sustainable growth.

This Report encompasses Danaos Corporation, its subsidiaries and affiliates, including Danaos Shipping Co. Limited and Danaos Chartering, referred to collectively as Danaos, the Company, or we.

Danaos Corporation Overview

This Report encompasses Danaos Corporation, its subsidiaries and affiliates, including Danaos Shipping Co. Limited and Danaos Chartering, referred to collectively as Danaos, the Company, or we.

At a Glance 2025

Key performance indicators (KPIs)

Vessels

73 Containerships & 10 Capesize bulk carriers

25 newbuildings/
containerships

Operating Days

of Containerships

DWT Containerships

Shore Employees

Distance Traveled

Operating Days

of Bulk carriers

DWT Bulk carriers

Seafarers

Oﬃces

Port Calls

TEU

71 Containerships

Our Vision - Our Values - Our mission

We strive to deliver safe, efficient and cost-effective seaborne transportation, as well as to remain the preferred choice among containerships and drybulks owners and to create shareholder value.

To achieve our goals, we make significant investments in our operational, technical and financial infrastructure, while pursuing sustainable and ecologically friendly solutions.