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The Latest Breaking News from DAC

Danaos Corporation (DAC): Shipping Stock Pick for May

Seaborne transportation services provider Danaos (DAC) delivered a steady performance in its most recent quarter despite the macroeconomic headwinds. Let’s look at some of the company’s key metrics that make the stock a solid buy now.

StockNews.com

Carbon removal tech would use more energy than all homes combined, Shell finds

Work by oil giant Shell throws doubt on an energy-intensive technology to suck carbon from the air

Newsroom.co.nz

The UK spent a third of its international aid budget on refugees in the UK – what it's paying for, and why it's a problem

A third of the UK’s international aid budget was spent supporting refugees in the UK in 2022. A new report by the Independent Commission for Aid Impact (ICAI) details the £3.5 billion expense, a threefold increase on 2021, and about 12 times the amount spent in 2015.

The Conversation

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People on the move: key North East appointments and promotions

Companies welcoming new arrivals this week include Mediaworks, McBryde & Co, DAC Beachcroft, iamproperty and EMG Solicitors

Birmingham Post

Defence Ministry approves proposals worth Rs 70,500 crore for buying howitzers, BrahMos missiles, UH Maritime helicopters

In a big push towards 'Make-in-India' in the defence sector, Defence Ministry on Thursday approved proposals worth Rs 70,500 crore for buying different weapon systems for the Indian defence forces. Read further on Dynamite News:

Dynamite News

Man left unable to walk after serious assault can now play with his children again

'It may seem like a small thing - but you don't realise how important it is'

Wales Online

Who is really to blame for British aid not reaching poorer countries?

Letter: OECD rules exaggerate donors’ generosity and leave developing nations paying for the climate crisis, says Steve Cutts

The Guardian - UK

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Army pushes new tank and armoured carrier projects

BMP-II infantry vehicles in service in the process of being upgraded

The Hindu

Defence Ministry approves arms procurement proposals worth ₹28,732 crore

The approval of the new procurement proposals came amid India's border row with China in eastern Ladakh

The Hindu

Cliftonville 0 DAC 3: Slovaks silence Solitude as Reds exit Europa Conference League

Paddy McLaughlin's men lose 5-1 on aggregate while Larne also crash out of competition

Belfast Live

Cliftonville vs DAC live stream info for Europa Conference League clash

Reds trail Slovakian club 2-1 from last week's first leg in Dunajska Streda

Belfast Live

Europa Conference League: Cliftonville boss Paddy McLaughlin targeting high five against DAC

..but Slovakian boss vows his side will be better than last week's first leg in Dunajska Streda

Belfast Live

Cliftonville boss Paddy McLaughlin hails players for teeing up a "big night at Solitude"

Reds fell to a narrow 2-1 defeat to FC DAC in Slovakia

Belfast Live

DAC vs Cliftonville live stream info for Thursday's Europa Conference League tie

Cliftonville are in Slovakia for their opening game in Europe on Thursday night - kick-off 7.30pm UK time

Belfast Live

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The Hindu

DAC gives preliminary approval for procurement projects worth ₹76,390 crore

The procurement proposals were approved by the Defence Acquisition Council headed by Defence Minister Rajnath Singh

Benzinga

Danaos's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Wednesday marks the last chance for investors to receive the next dividend payout from Danaos (NYSE:DAC).

The Guardian - UK

Global overseas aid climbs to all-time high, rising 4.4% in real terms – OECD

Concern expressed that figures count Covid vaccines as aid, while Britain is among EU countries accused of ‘gutting’ contributions

StockNews.com

4 Must-Own Momentum Stocks to Buy This Month

Given current market volatility, which is largely owing to the possibility of aggressive interest rate hikes later this year and rising oil prices, momentum stocks ITOCHU (ITOCY), Reliance Steel (RS), Univar (UNVR), and Danaos (DAC) could be wise bets now. These companies’ robust revenue and earnings growth should help their…

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news in one place.

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The Hindu

Defence Acquisition Council clears procurement worth ₹8,357 crore

Nod for night sight, light vehicles GS 4X4, air defence fire control radar and GSAT-7B communication satellite for the Army

Benzinga

Danaos Orders Two 7,100 TEU Containerships

Danaos Corp (NYSE:DAC) placed orders for two 7,100 TEU containerships. Financial terms were not disclosed. The vessels will be built at Dalian Shipbuilding in China and are expected to be delivered in 2Q24 and 3Q24. The vessels will be methanol fuel ready and built as per the latest requirements of the International…

StockNews.com

3 Shipping Stocks Up More Than 25% YTD That Have More Room to Run

High demand for shipping amid the global supply chain disruptions have pushed shipping rates higher. Moreover, analysts expect the rates to remain elevated this year, which should bode well for the industry. Therefore, fundamentally sound shipping stocks Danaos (DAC), Navios Maritime (NMM), and EuroDry (EDRY), which are up more than…

Benzinga

Danaos: Dividend Insights

Tuesday marks the last chance for investors to receive the next dividend payout from Danaos (NYSE:DAC).

Benzinga

What Does Danaos Debt Look Like?

Over the past three months, shares of Danaos (NYSE:DAC) moved higher by 23.63%. Before having a look at the importance of debt, let us look at how much debt Danaos has.

StockNews.com

2 Shipping Stocks Thriving Despite Market Volatility

Even though the resurgence of COVID-19 cases is hindering the shipping sector’s rebound, the demand for shipping has been rising rapidly with reopening industries worldwide. So, we think it could be wise to scoop up soaring shipping stocks Costamare Inc. (CMRE) and Danaos (DAC). Read on.

Benzinga

Danaos Stock Gains On New Charter Arrangements

Danaos Corp (NYSE:DAC) has entered into new charter arrangements for 11 vessels ranging between 2,500 to 10,000 TEU with major liner companies. These charters have a revenue weighted average contract duration of 4.7 years, commencing on the expiration of existing charters between February 2022 and April 2023 and extending to May 2028. The…

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