
The shipping industry is expected to witness steady growth ahead with increasing demand for global freight and expanding global trade networks. So, it could be wise to buy fundamentally strong shipping stocks Danaos Corporation (DAC), Tsakos Energy Navigation Limited (TNP), Teekay Corporation (TK), Overseas Shipholding Group, Inc. (OSG), and Dynagas LNG Partners LP (DLNG).
Before diving deeper into their fundamentals, let’s discuss what’s happening in the shipping industry.