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Rjkumari Saxena

Is Danaos Corp a Must-Watch Stock in the Shipping Sector?

Danaos DAC Danaos Corporation

Headquartered in Piraeus, Greece, Danaos Corporation (DAC) is a leading provider of container and dry bulk vessel services in Australia, Asia, and Europe. It offers seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry.

The company currently has a total fleet of 72 Container Vessels ranging from 2,200 TEU to 13,100 TEU and 10 Capesize Dry Bulk Vessels. Also, it has 15 Container Vessels under construction. Further, recently, it received delivery of its first three newbuilding containerships, including one 7,165 TEU and two 8,010 TEU vessels, and it had also added six newbuilding containerships to the order book.

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