Danaos (NYSE: DAC) to invest $50M and supply LNG carriers for Alaska LNG

Rhea-AI Filing Summary

Danaos Corporation has entered a strategic partnership with Glenfarne Group to help advance the Alaska LNG Project. Danaos will make a $50 million development capital equity investment in Glenfarne Alaska Partners LLC and will be the preferred tonnage provider to construct and operate at least six LNG carriers to deliver LNG for Glenfarne Alaska LNG, LLC, the majority owner and developer of the project.

The Alaska LNG Project is being developed in two phases: a 765-mile, 42-inch pipeline to move natural gas from Alaska’s North Slope for in‑state use, followed by an LNG liquefaction terminal and related infrastructure designed to export 20 million tonnes per annum of LNG. Glenfarne holds 75% of Alaska LNG, with the Alaska Gasline Development Corporation owning 25%, and has secured preliminary commercial commitments for 11 MTPA of LNG from buyers in Asia.

CEO Dr. John Coustas said the transaction allows Danaos to apply its shipping expertise to a new North Pacific energy route and expands the company’s footprint in the LNG and energy segments alongside its existing container and dry bulk fleets.

Insights

Shipping and energy infrastructure analyst

Danaos ties $50M equity investment to long-term LNG shipping role in Alaska project.

Danaos Corporation is committing a $50 million development capital equity investment to Glenfarne Alaska Partners LLC and positioning itself as the preferred provider to build and operate at least six LNG carriers for the Alaska LNG Project. This links an upfront capital stake to potential multi‑year vessel employment tied to a specific export project.

The filing notes that Alaska LNG will be developed in two phases, including a 765‑mile pipeline and liquefaction capacity of 20 million tonnes per annum, with preliminary commercial commitments for 11 MTPA from Asian buyers. Glenfarne’s 75% ownership interest, alongside the Alaska Gasline Development Corporation’s 25%, and its broader North American LNG portfolio of 32.8 MTPA under development, frame this as a large-scale infrastructure platform that could support vessel demand.

For Danaos, this move marks a strategic expansion from its core containership and dry bulk operations into LNG and energy segments. Actual financial impact will depend on final project execution and contract terms for the LNG carriers, which are not detailed here, but the combination of equity participation and a preferred shipping role ties the company to potential long-duration energy transport business if the project progresses as described.

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 January 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

Attached to this report on Form 6-K as Exhibit 99.1 is a copy of the press release of Danaos Corporation, dated January 20, 2026, announcing a strategic partnership with Glenfarne Group to advance the Alaska LNG Project.

EXHIBIT INDEX

99.1 Press release issued by Danaos Corporation on January 20, 2026, furnished herewith as Exhibit 99.1.

*****

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. 333-270457) filed with the SEC on March 10, 2023.

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: January 20, 2026

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

Exhibit 99.1

Danaos Corporation Announces Strategic Partnership with Glenfarne Group to advance the Alaska LNG Project.

January 20, 2026

ATHENS, Greece, January 20, 2026 /PRNewswire/ -- Danaos Corporation, one of the world's largest independent owners of containerships, (the "Company") (NYSE: DAC) announced today a strategic partnership with Glenfarne Group LLC ("Glenfarne Group") to advance the Alaska LNG project.

More specifically, Danaos Corporation will make a $50 million development capital equity investment in Glenfarne Alaska Partners LLC while it will also be the preferred tonnage provider to construct and operate at least six LNG carriers to deliver LNG to global customers for Glenfarne Alaska LNG, LLC, majority owner and developer of the Alaska LNG Project.

Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution. Phase One consists of a 765-mile, 42-inch pipeline to transport natural gas from Alaska’s North Slope to meet Alaska’s domestic energy needs. Phase Two will add the LNG liquefaction terminal and related infrastructure to export 20 million tonnes per annum (MTPA) of LNG.

Glenfarne became lead developer of Alaska LNG in March 2025. Since then, Glenfarne has secured preliminary commercial commitments from leading LNG buyers in Japan, Korea, Taiwan, and Thailand for 11 MTPA of LNG, and strategic partnerships that also include Baker Hughes and POSCO International. Glenfarne owns 75% of Alaska LNG and the Alaska Gasline Development Corporation owns 25%.

Glenfarne Group is a privately held global developer, owner, and operator of energy infrastructure assets that owns and operates over 60 energy assets through three core businesses: Global LNG Solutions, Grid Stability, and Renewables. Glenfarne’s permitted North American LNG portfolio totals 32.8 MTPA of capacity under development in Alaska, Louisiana, and Texas.

Danaos Chief Executive Officer Dr. John Coustas commented: "As Alaska LNG opens up a major new source of North Pacific energy, Danaos is pleased to offer our shipping expertise to reliably serve customers across the region and around the world with safe, competitive LNG delivery. This transaction provides us with an opportunity to expand on our expertise in global seaborne transportation and expand the footprint of Danaos in the LNG and Energy segments."

About Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size container vessels. Our current fleet of 75 container vessels aggregating 477,491 TEUs and 25 under construction container vessels aggregating 163,950 TEUs ranks Danaos among the largest container vessels charter owners in the world based on total TEU capacity. Danaos has also invested in the dry bulk sector with the acquisition of 11 capesize drybulk vessels, which on a fully delivered basis, aggregate approximately 1,943,286 DWT. Our container vessels fleet is chartered to many of the world's largest liner companies on fixed-rate 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

Company:
Evangelos Chatzis
Chief Financial Officer
Danaos Corporation
Athens, Greece
Tel.: +30 210 419 6480
E-Mail: cfo@danaos.com
 

Investor Relations and Financial Media
Rose & Company
New York
Tel. 212-359-2228
E-Mail: danaos@rosecoglobal.com

FAQ

What strategic partnership did Danaos Corporation (DAC) announce?

Danaos Corporation announced a strategic partnership with Glenfarne Group LLC to advance the Alaska LNG Project, combining an equity investment with a preferred LNG shipping role.

How much is Danaos Corporation investing in the Alaska LNG Project?

Danaos will make a $50 million development capital equity investment in Glenfarne Alaska Partners LLC as part of its participation in the Alaska LNG Project.

What shipping role will Danaos (DAC) play in the Alaska LNG Project?

Danaos will be the preferred tonnage provider to construct and operate at least six LNG carriers to deliver LNG to global customers for Glenfarne Alaska LNG, LLC.

What is the planned capacity of the Alaska LNG Project?

The Alaska LNG Project’s second phase includes an LNG liquefaction terminal and related infrastructure designed to export 20 million tonnes per annum (MTPA) of LNG.

Who owns the Alaska LNG Project and what commitments have been secured?

Glenfarne owns 75% of Alaska LNG and the Alaska Gasline Development Corporation owns 25%. Glenfarne has secured preliminary commercial commitments for 11 MTPA of LNG from buyers in Japan, Korea, Taiwan, and Thailand.

How does this partnership fit Danaos Corporation’s existing business?

Danaos is already one of the largest independent owners of container vessels, with a fleet of 75 container ships aggregating 477,491 TEUs and 25 container vessels under construction aggregating 163,950 TEUs, plus 11 capesize drybulk vessels. Management describes the Alaska LNG transaction as an opportunity to expand Danaos’ footprint in the LNG and energy segments.