Danaos explores dry bulk stake sale, Norway listing

The dry bulk business comprises 11 Capesize vessels on-the-water and four Newcastlemaxes under construction scheduled for delivery in 2028.

Rhea-AI Filing Summary

Danaos Corporation (DAC) is exploring a carve-out and sale of a minority stake in its dry bulk segment, and has mandated investment banking firms to advise on a potential equity placement and listing in the Norwegian market. Danaos described the effort as part of its broader strategy focused on value creation and shareholder returns.

Danaos said there can be no assurance that a transaction or listing will be pursued or completed, or as to its terms or timing. The announcement does not constitute an offer to sell or a solicitation to buy securities.

Filing Explained

Danaos says its dry-bulk business, held through Danaos Bulk Inc., is the unit under consideration for a minority-stake carve-out and includes 11 Capesize vessels on the water plus four Newcastlemaxes under construction for delivery in 2028; the filing remains exploratory and reports no completed sale.

Key Figures

Capesize vessels on-the-water: 11 vessels Newcastlemaxes under construction: 4 vessels Scheduled delivery: 2028

3 metrics

Capesize vessels on-the-water 11 vessels Danaos dry bulk business

Newcastlemaxes under construction 4 vessels Scheduled to be delivered in 2028

Scheduled delivery 2028 Four Newcastlemaxes under construction

Key Terms

carve-out, equity placement, Capesize, Newcastlemaxes

4 terms

carve-out financial

"exploring a carve-out and sale of a minority stake"

A carve-out is when a company separates a business unit, product line, or asset and turns it into its own standalone entity, often by selling it or listing it separately. For investors, it matters because the split can reveal the separated unit’s true value, change cash flow and risk profiles, and create new investment opportunities or one-time costs — like taking a slice of a cake off the whole to sell or show its individual worth.

equity placement financial

"potential equity placement and listing"

Sale of a company’s shares that is arranged privately or to a limited group of investors rather than through the public market; it can involve newly issued shares to raise capital (primary placement) or existing shares sold by current owners (secondary placement). It matters to investors because it changes who owns the company and the number of shares outstanding, which can dilute existing holdings or increase share supply and influence the stock’s market dynamics, like adding more seats on a bus or redistributing tickets.

Capesize technical

"11 Capesize vessels on-the-water"

Capesize describes the largest class of dry bulk cargo ships that are too big to pass through smaller canals and must sail around major capes instead. For investors, capesize fleets and their freight rates are a visible gauge of global demand for raw materials like iron ore and coal—think of them as big delivery trucks on the ocean; when they’re busy and rates rise, it signals stronger commodity trade and can boost shipping company revenues.

Newcastlemaxes technical

"four Newcastlemaxes under construction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What vessels are in DAC's dry bulk business?

Danaos Bulk Inc. is the holding company for the dry bulk business, which comprises 11 Capesize vessels on-the-water and four Newcastlemaxes under construction scheduled to be delivered in 2028.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/09/2026 - 04:31 PM Accepted by SEC EDGAR 10/09/2026 - 04:30 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR

15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number 001-33060

DANAOS CORPORATION

(Translation of registrant’s name into English)

Danaos Corporation

c/o Danaos Shipping Co. Ltd.

14 Akti Kondyli

185 45 Piraeus

Greece

Attention: Secretary

011 030 210 419 6480

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x          Form 40-F ¨

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Danaos Corporation (“Danaos” or the “Company”) is exploring a carve-out and sale of a minority stake in its dry bulk segment, and has mandated investment banking firms to advise on this potential equity placement and listing in the Norwegian market. This is being undertaken as part of the Company’s broader strategy focused on value creation and shareholder returns.

The Company’s dry bulk business, for which Danaos Bulk Inc. acts as the holding company, currently comprises 11 Capesize vessels on-the-water and four Newcastlemaxes under construction scheduled to be delivered in 2028.

There can be no assurance that any transaction or listing will be pursued or completed, or as to its terms or timing.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from registration requirements.

*****

This report on Form 6-K is hereby incorporated by reference into the Company’s (i)  Registration Statement on Form F-3 (Reg. No. 333-237284) filed with the SEC on March 19, 2020, (ii) the post-effective Amendment to Form F-1 in the Registration Statement on Form F-3 (Reg. No. 333-226096) filed with the SEC on March 6, 2019, (iii) Registration Statement on Form F-3 (Reg. No. 333-174494) filed with the SEC on May 25, 2011, (iv) Registration Statement on Form F-3 (Reg. No. 333-147099), the related prospectus supplements filed with the SEC on December 17, 2007, January 16, 2009 and March 27, 2009, (v) Registration Statement on Form S-8 (Reg. No. 333-233128) filed with the SEC on August 8, 2019 and the reoffer prospectus, dated August 8, 2019, contained therein, (vi) Registration Statement on Form S-8 (Reg. No. 333-138449) filed with the SEC on November 6, 2006 and the reoffer prospectus, dated November 6, 2006, contained therein, (vii) Registration Statement on Form F-3 (Reg. No. 333-169101) filed with the SEC on October 8, 2010, (viii) Registration Statement on Form F-3 (Reg. No. 333-255984) filed with the SEC on May 10, 2021 and (ix) Registration Statement on Form F-3 (Reg. No. 333-293934) filed with the SEC on March 2, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 9, 2026

	DANAOS CORPORATION
	By:	/s/ Evangelos Chatzis
	Name:	Evangelos Chatzis
	Title:	Chief Financial Officer