The Latest Breaking News from DAC

As the global container shipping market surges, driven by strong demand and government-backed investments, the industry presents exciting growth opportunities. Hence, fundamentally solid shipping stocks Danaos Corporation (DAC), ZIM Integrated (ZIM), and Global Ship Lease (GSL) might be ideal buys to capitalize on the growing sector. Continue reading.

Danaos (DAC) performed well in the last reported quarter, beating analysts’ expectations. Also, solid demand for its offerings, strategic initiatives, and continuous fleet expansion contribute to the company’s growth and success. So, let’s analyze whether DAC is a suitable investment prospect. Read more to find out.

The shipping industry is set for significant growth with the expansion of global trade and rising shipping volumes, driven by booming e-commerce this year and technological advancements. Given this positive outlook, it could be wise to invest in solid shipping stocks such as Danaos (DAC), Global Ship Lease (GSL), and…

Danaos Corporation (DAC) beat analysts’ estimates on the top and bottom lines in the second quarter of 2024. Factors like leading industry position, strategic arrangements, and solid financial performance are key drivers of the company’s continued growth. So, let’s determine whether Danaos Corporation is an ideal addition to your portfolio.…

Defence Acquisition Council accords Acceptance of Necessity for proposals worth ₹84,560 crore including some long-pending deals such as for heavy weight torpedoes for the Navy’s Scorpene-class submarines and flight refueller aircraft for the Indian Air Force

The shipping industry is well-positioned for growth due to strong industrial and economic expansion, the consequent rise in the demand for shipping services, and technology integration. Amid this backdrop, it could be wise to watch shipping stocks Danaos (DAC), International Seaways (INSW), and TORM (TRMD) in 2024. Read more.

Despite challenges, the shipping industry is positioned for sustained growth as global demand continues to rise steadily. So fundamentally sound Danaos (DAC), Dynagas LNG (DLNG), and Euroseas (ESEA) might be solid shipping stocks to buy this year-end. Read more.

Despite the macroeconomic headwinds, the shipping industry is likely to perform steadily thanks to robust demand and global trade. Amid this, let’s analyze the fundamentals of shipping stocks FedEx (FDX), Danaos (DAC) and United Parcel Service (UPS) to determine whether these stocks are worth buying now.

India approves procurement of 97 Tejas aircraft and 150 Prachand helicopters to bolster armed forces. DAC headed by Defence Minister Rajnath Singh also clears Su-30 fighter fleet upgrade. Projects cost exchequer Rs 1.3 lakh crore.