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StockNews.com
StockNews.com
Business
Nidhi Agarwal

3 Shipping Stocks to Watch this Week

DAC Steve Reitmeister Danaos Corporation

The increasing adoption of advanced technologies and the expansion of the global supply chain will likely create ample growth opportunities in the shipping market. Therefore, investors could consider adding shipping stocks Danaos Corporation (DAC), Tsakos Energy Navigation Limited (TNP), and GasLog Partners LP (GLOP) to their watchlists this week.

Thanks to the increasing maritime shipping activities driven by the expansion of trade agreements among nations, the global shipping containers market is expected to expand at a CAGR of 4.6%, reaching $56.70 billion by 2028.

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