At Danaos, we regard sustainability as both a fundamental component of our corporate culture and a crucial decision-making regulator. We maintain the highest operational standards both on board and onshore to provide an ethical, safe, and pollution- free environment for all.

We assess our success against our commitments and optimize our approach appropriately and we are pleased to note that considerable achievements have been achieved on our ESG journey. We acknowledge the importance of being a responsible member of society, hence why our Environmental, Social, and Governance (ESG) approach provides us with a strategic roadmap toward becoming a more sustainable and resilient corporation.

In 2023, looking towards the long term, Danaos adopted a strategy of investing in new vessels with advanced environmental features . Fourteen green newbuilding vessels are under construction,scheduled for delivery between 2024 and 2027. All fourteen of our newbuildings in Korea and China will be methanol ready, while two of them will hold the ammonia ready notation as well.

In addition in 2023 we decided to diversify our portfolio expanding our operations in the dry bulk sector with the acquisition of ten Capesize bulk carriers. We have achieved our Carbon intensity reduction commitments for 2025, two years ahead, while we are on the right track to achieve our other commitments in the environmental, social and governance dimensions as stipulated in this report.

Please see full 2023 ESG Report report here

Danaos Low Carbon Transition Plan, provides the roadmap with progressive steps to the ultimate target of low carbon emission future by demonstrating our commitment and progress monitoring on climate initiatives, as well as milestones on the way to carbon neutrality.

Please see Danaos LCTP report here