At Danaos Shipping, our mission is to deliver safe, efficient, and cost-effective seaborne container and bulk transportation services. We aspire to be the preferred choice for containership owners and to create significant shareholder value. To achieve these objectives, we invest substantially in our operational, technical, and financial infrastructure while striving for sustainable and environmentally friendly solutions.

Our Commitment to Excellence

• Enhancing Personnel Training: We are dedicated to the continuous training and development of our personnel, both onshore and at sea. Our commitment to skill enhancement ensures that our team is well-equipped to uphold the highest standards of safety and efficiency.
• Integrating Operations with Strategy: Our operational practices are fully aligned with our organizational strategy. We ensure that our planning and actions are cohesive and directed towards achieving our strategic goals.
• Leading Research and Development: We actively participate in and lead research and development projects, recognizing the critical value of innovation in advancing our industry.
• Promoting Company Culture: We foster a strong company culture that emphasizes teamwork and bonding among all personnel. Our culture supports collaboration and a shared commitment to excellence.
• Building Competitive Advantages: We aim to establish ourselves as leaders in our sector by continuously developing competitive advantages and staying ahead of industry trends.

Sustainability and Governance

Sustainability is a core component of our corporate culture and a key factor in our decision-making process. We are committed to producing an updated Environmental, Social, and Governance (ESG) report annually in accordance with GRI and SASB standards. Additionally, we disclose data to CDP and CSA on an annual basis.

Our Low Carbon Transition Plan (LCTP) details our strategy for achieving carbon neutrality, outlining a roadmap with progressive steps towards this goal. Our annual ESG Report provides comprehensive information on our commitments to the environment, society, and governance, our progress in achieving these commitments, and our overall sustainability strategy.

ESG Working Team

The Danaos ESG (Environmental, Social, and Governance) Working Team meets on a quarterly basis to evaluate and address key ESG-related issues affecting maritime operations. The agenda typically includes:

• Climate-related risks: Assessment of the impact of climate change on shipping routes, port infrastructure, and regulatory compliance (e.g. IMO decarbonization targets, emissions regulations).
• Human rights risks: Evaluation of labor conditions across the fleet and supply chain, with a focus on seafarer welfare, forced labor prevention, and adherence to international maritime labor standards.
• Stakeholder engagement: Engagement with stakeholders including port authorities, regulators, investors, customers, crew unions, and local communities to maintain trust and transparency.
• Emerging risks: Identification of new ESG risks such as environmental regulations, geopolitical instability, cyber threats, or ESG-related litigation.
• Scenario analysis: Use of forward-looking scenario models to assess the financial and operational impacts of climate change, fuel transitions, and policy shifts on global shipping operations.
• Occupational health & safety: Continuous review of health and safety practices on vessels and at port facilities, including accident reporting, training programs, and mental health support for crew members.
• Trade association contributions: Periodical review of Danaos trade association memberships to ensure that they remain consistent with the company’s environmental objectives and commitment to the goals of the Paris Agreement.

These quarterly meetings play a critical role in aligning the company’s maritime operations with global ESG standards, ensuring regulatory compliance, and enhancing long-term resilience and sustainability.

Please find here the matrix summarizing the ESG Working Team (ESGWT) structure, including:

• Key responsibilities and reporting areas
• Corresponding ESG pillars (Environmental, Social, and Governance)
• Associated reporting mechanisms

This matrix provides a clear overview of how ESGWT activities are aligned with the company's broader ESG strategy, ensuring effective oversight, accountability, and transparent communication.