Danaos Corp
Close on Oct 19, 2026
- Market cap
- $2.86B
- P/E (TTM)
- 5.8
- Dividend yield
- 0.54%
About Danaos
Deep Sea Foreign Transportation of Freight, SIC 4412
Danaos Corporation owns and operates container and drybulk vessels, providing international seaborne transportation services. The company operates in the container and drybulk shipping sectors, chartering containerships under multi-year, fixed-rate contracts to international liner companies. It also employs drybulk carriers on short-term time charters and voyage charters. Its primary customers include major container shipping lines such as CMA CGM, MSC, Hapag-Lloyd, COSCO, and Maersk.
Headquartered in Piraeus, Greece, the company operates through subsidiaries in Liberia and the Marshall Islands. Its fleet includes 75 containerships with a total capacity of 477,491 TEUs and 11 Capesize bulk carriers totaling 1,943,286 deadweight tons. Additionally, the company has 27 containerships and four Newcastlemax bulk carriers under construction. Its containerships sail on scheduled routes connecting large commercial ports internationally.
Summary of the business section of Danaos's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Danaos Corp
- Founded
- 1972
- Headquarters
- Athens, Greece
- Address
- 14 Akti Kondyli, 185 45 Piraeus
- Phone
- 011302104496480
- Website
- www.danaos.com
- Employees
- 1,718, Dec 31, 2023
- Industry
- Deep Sea Foreign Transportation of Freight
- Incorporated in
- 1T
- Fiscal year ends
- December 31
- Auditor
- Deloitte Certified Public Accountants S.A., Athens, Greece
Stock & identifiers
- Ticker
- DAC
- Exchange
- NYSE
- IPO date
- Oct 16, 2006
- Shares outstanding
- 18M, Dec 31, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-14 reverse, May 2, 2019; 1-for-14 reverse, May 2, 2019
- SEC CIK
- 1369241
- CUSIP
- Y1968P121
- ISIN
- USY1968P1215
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| John Coustas | Chief Executive Officer, Director | 9,538,502 |
| Dimitrios Vastarouchas | VP and Chief Operating Officer | – |
| Filippos Prokopakis | Chief Commercial Officer | 4,001 |
| Evangelos Chatzis | VP, CFO, Treasurer & Secretary | 50,000 |
| Petros Christodoulou | Director | – |
| Myles R. Itkin | Director | 4,000 |
| Richard Lindsay Sadler | Director | – |
| Charalampos Pampoukis | Director | – |
| Iraklis Prokopakis | Director | 194,693 |
Employees
Headcount reported in annual reports
“As of December 31, 2023, 1,718 people were employed who served on board the vessels in our fleet and 185 people who provided services to us on shore.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 21, 2018 | Delisting | Notice of delisting from exchange (Form 25) |
| Jul 1, 2009 | Late filing | Notification of late filing |
| Oct 2, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |