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The Latest Breaking News from DAC

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

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

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).

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

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

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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…

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

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…

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…

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Danaos: Dividend Insights

Danaos: Dividend Insights

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

What Does Danaos Debt Look Like?

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.

2 Shipping Stocks Thriving Despite Market Volatility

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.

Danaos Stock Gains On New Charter Arrangements

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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