Greek Billionaire George Economou Buys More Shares of Danaos Corp (DAC)

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Page 6 of 14 – SEC Filing
        This Schedule 13D/A is being filed by Sphinx Investment Corp. (“Sphinx“), Maryport Navigation Corp. (“Maryport“) and George Economou (“Economou,” and collectively with Sphinx and Maryport, the “Reporting Persons“).  The Reporting Persons may constitute a “group” for reporting purposes of Rule 13d-5 under the Securities Exchange Act of 1934, as amended (the “Act“), with respect to their respective beneficial ownership of the Shares (as defined below).
The purpose of this Amendment No. 1 is to report changes to Item 4 and Item 5 as a result of the Purchase Agreement entered into by Sphinx as described in Item 6.
Item 1. Security and Issuer
This Schedule 13D/A relates to shares of common stock, $0.01 par value per share (the “Shares“), of Danaos Corp., a Marshall Islands corporation (the “Issuer“). The Issuer’s principal executive offices are located at 14 Akti Kondyli, 185 45 Piraeus, Greece.
Item 2.                            Identity and Background
The following information relates to Sphinx:
(a)                  Name: Sphinx Investment Corp.
(b)                  Place of Organization: Republic of the Marshall Islands
(c)                  Principal Business: Investment of stocks and other securities
Address of Principal Office: c/o Mare Services Limited, 5/1 Merchants Street, Valletta, Malta
(d & e) Sphinx has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor has it been, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Mare Services Limited (“Mare”) of Malta is the sole director of Sphinx.  Mare is a limited liability company organized under the laws of Malta.  Mare has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor has it been, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to,

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