Danaos(US:DAC) Prnewswire·2026-01-20 21:00Core Viewpoint - Danaos Corporation has announced a strategic partnership with Glenfarne Group to advance the Alaska LNG project, which includes a significant investment and the provision of LNG carriers for global delivery [1][2]. Group 1: Investment and Partnership - Danaos Corporation will invest $50 million in Glenfarne Alaska Partners LLC as part of the partnership [2]. - The company will also be the preferred tonnage provider for constructing and operating at least six LNG carriers for the Alaska LNG project [2]. Group 2: Project Phases and Development - The Alaska LNG project is being developed in two phases: Phase One involves a 765-mile pipeline to transport natural gas for domestic energy needs, while Phase Two will include an LNG liquefaction terminal to export 20 million tonnes per annum (MTPA) of LNG [3]. - Glenfarne has secured preliminary commercial commitments for 11 MTPA of LNG from buyers in Japan, Korea, Taiwan, and Thailand [4]. Group 3: Company Background - Glenfarne Group is a global developer and operator of energy infrastructure, with a North American LNG portfolio totaling 32.8 MTPA of capacity under development [5]. - Danaos Corporation operates a fleet of 75 container vessels with a total capacity of 477,491 TEUs and has invested in the dry bulk sector with 11 capesize drybulk vessels [6].