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Danaos Corporation Adds One More Newly Built Vessel

Athens, Greece, May 4, 2011 - Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that on May 4, 2011, it took delivery of one more newly built containership, the Hanjin Greece, expanding its operational fleet to a total of 55 containerships aggregating 257,029 TEU. The Hanjin Greece, built at Hyundai Samho Heavy Industries Co. Ltd. has a carrying capacity of 10,100 TEU, is 349 meters long, 45.6 meters wide and has a speed of 25.50 knots.