Danaos Corporation Announces Date for the Release of First Quarter 2016 Results, Conference Call and Webcast

ATHENS, GREECE -- (Marketwired) -- 04/21/16 -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the first quarter ended March 31, 2016, after the close of the market in New York on Wednesday, May 4, 2016.

The Company's management team will host a conference call to discuss the results on Thursday, May 5, 2016 at 9:00 A.M. ET.

Conference Call Details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers:

U.S. Toll Free Dial-in: 1 866 652 5200 U.K. Toll Free Dial-in: 0 800 279 9489 Standard International Dial-in: +44 (0) 2075 441 375

Please indicate to the operator that you wish to join the Danaos Corporation earnings call.

A telephonic replay of the conference call will be available until May 15, 2016 by dialing 1 877 344 7529 (US Toll Free Dial In) or +44 (0) 2036 088 021 (Standard International Dial In) and using 10085223# as your access code.

Audio Webcast: A live audio webcast of the conference call will be available through the Danaos Corporation website (www.danaos.com). Participants of the live audio webcast should register on the website approximately 10 minutes prior to the start of the webcast. An archived version of the audio webcast will be available on the website within 48 hours of the completion of the call.

About Danaos Corporation Danaos Corporation is one of the largest independent owners of modern, large-size containerships. Our current fleet of 59 containerships aggregating 353,586 TEUs, including three vessels owned jointly with Gemini Shipholdings Corporation, is predominantly chartered to many of the world's largest liner companies on fixed-rate, long-term charters. Our long track record of success is predicated on our efficient and rigorous operational standards and environmental controls. Danaos Corporation's shares trade on the New York Stock Exchange under the symbol "DAC".

Visit our website at www.danaos.com

For further information please contact:

Company Contact:

Evangelos Chatzis
Chief Financial Officer
Danaos Corporation
Athens, Greece
Tel: +30 210 419 6480
E-Mail: [email protected]

Iraklis Prokopakis
Senior Vice President & Chief Operating Officer
Danaos Corporation
Athens, Greece
Tel. +30 210 419 6400
E-Mail: [email protected]

Investor Relations and Financial Media:

Rose & Company
New York
Tel. 212-359-2228
E-Mail: [email protected]

Source: Danaos Corporation

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