IMD-3-1926 © 2008
Lorange, Peter; Lief, Colleen
Diversity and innovation are the watchwords for Danaos Corporation - diversity of ship types as well as company sectors and innovation in capital markets technique and in establishing a brand-new company line by leveraging its staminas. Established by his dad in 1972; Danaos was initially a dry bulk handler with a modest fleet; then moved more towards keeping a well balanced fleet.
A 2006 IPO assisted the company gain prepared access to capital. Danaos' future was highly connected to world trade patterns. Knowing goals: How a company utilizes its core proficiencies to advance its company objectives and establish brand-new ones.
Subjects: Shipping; Technological innovation; Diversification; Marine consulting
Settings: Piraeus; Greece; Global; Shipping; 2006 revenues $246 million; 1972-2008
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