Danaos Corporation is an international owner of container ship

Container ship

Container ships are cargo ships that carry all of their load in truck-size intermodal containers, in a technique called containerization. They form a common means of commercial intermodal freight transport.-History:...

s, chartering vessels to many of the world's largest liner companies. Danaos currently has a fleet of 58 active container ships and 7 new buildings to come, aggregating , making it among the largest container ship charter owners in the world. The company's customers include Maersk, COSCO

COSCO

China Ocean Shipping Company, known as COSCO or COSCO Group, is one of the largest liner shipping companies worldwide. It is a government owned company of the People's Republic of China...

, Hapag-Lloyd

Hapag-Lloyd

Hapag-Lloyd is a German transportation company comprising a cargo container shipping line, Hapag-Lloyd AG, which in turn owns other subsidiaries such as Hapag-Lloyd Ships and a cruise line, Hapag-Lloyd Cruises which is now integrated into TUI AG, Hanover...

, CMA-CGM, Neptune Orient Lines

Neptune Orient Lines

Neptune Orient Lines Limited , is a Singapore-based global transport company with core businesses in container shipping and supply chain management...

, Yang Ming

Yang Ming

Yang Ming Marine Transport Corporation is an ocean shipping company based in Keelung, Taiwan . This shipping line was founded in 1972, but has historical links in merger with the China Merchants Steam Navigation Company, which dates back to the Qing Dynasty...

, China Shipping, Norasia Container Lines Ltd, Hyundai Merchant Marine

Hyundai Merchant Marine

Hyundai Merchant Marine is a South Korean logistics company providing worldwide container shipping services. It was established in 1976 as Asia Merchant Marine...

 Co., Wan-Hai Lines and Zim Israel Integrated Shipping Services Ltd.

Danaos Corporation headquarters is in Piraeus

Piraeus

Piraeus is a city in the region of Attica, Greece. Piraeus is located within the Athens Urban Area, 12 km southwest from its city center , and lies along the east coast of the Saronic Gulf....

, Greece

Greece

Greece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....

 but has offices in Hamburg

Hamburg

-History:The first historic name for the city was, according to Claudius Ptolemy's reports, Treva.But the city takes its modern name, Hamburg, from the first permanent building on the site, a castle whose construction was ordered by the Emperor Charlemagne in AD 808...

, Germany

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, Ukraine

Ukraine

Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...

, Russia

Russia

Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 and in Tanzania

Tanzania

The United Republic of Tanzania is a country in East Africa bordered by Kenya and Uganda to the north, Rwanda, Burundi, and the Democratic Republic of the Congo to the west, and Zambia, Malawi, and Mozambique to the south. The country's eastern borders lie on the Indian Ocean.Tanzania is a state...

.

History

Danaos was founded in 1972 by Dimitri Coustas, an experienced shipping investor who had been active in the industry since 1963. Having developed sea transport services throughout its history, Danaos forged a reputation for operational support to liner companies and other charterers throughout the world.

In 1987, John Coustas took over as CEO of Danaos. As of March 12, 2007, the company's fleet comprises 39 container ships aggregating 138,931 twenty foot equivalent units. The company plans to increase this by an additional from 28 contracted vessels scheduled for delivery between 2007 and 2010.