Our Principles for Protection of the Environment

Environmental Management System Reducing emissions R&D, Innovation Waste and spill management Optimization Energy reduction and efficiency

The implementation of environmental principles into our company operations demonstrates that our personnel understand, action, and support a strong Environmental Management System (EMS). Through continuous monitoring, evaluation and improvement of environmental processes, in addition to raising awareness and employee educational procedures, we strive to be a pioneer in minimizing any negative impact of international shipping towards the environment.

Our commitment is to promote and establish a safe and pollution-free operating environment on board. To accomplish this, we use only the highest operating practices for environmental protection, safety, and quality issues. We aspire to improve our management systems continuously and to reach a high level of excellence in all aspects of our business to ensure pollution and accidentfree operations.

ISO 50001 Energy Management

• Improved operational efficiencies and maintenance practices • Enhanced corporate image and credibility with all stakeholders

Within 2017, two more vessels were enrolled, however, one of them was bareboat chartered in mid-2017, leaving the total number of vessels enrolled to four. The same applies for 2019. The four vessels selected are of different sizes categories: (CMACGM Moliere 6,500 teu, CMACGM Melisande 8,500 teu, Highway 2200 teu, Express Berlin 10,100 teu).

ISO 14001 Environmental Management

Danaos Shipping received its first ISO 14001 certification in 2008 and has maintained it every year since. During 2019 the company ran its environmental management system for a third year running, in compliance with the latest 2015 revision of the ISO 14001 standard, for which it has received the appropriate certification. It is an immensely important certification, as it presents a number of benefits for Danaos Shipping:

The Company was first certified in 2016. Through the ISO 50001 certification there are multiple benefits for Danaos Shipping, such as: • Increased energy awareness among staff members at all levels • Reduced greenhouse gas emissions and carbon footprint • Increased energy cost savings for the organization and charterers alike • Increased knowledge of equipment efficiencies • Increases employees’ awareness of the environmental impacts associated with their daily tasks • Ensures compliance with statutory and regulatory requirements • Reduces the number of possible environmental defects during a port state control inspection and/or eliminates potential fines from non compliance • Provides discounts on port dues