Financing ·
Danaos explores carve-out and sale of minority stake in dry bulk segment
DACDanaos Corp
Danaos Corporation has mandated investment banking firms to advise on a potential equity placement and listing in the Norwegian market for its dry bulk business. The company is exploring a carve-out and sale of a minority stake in Danaos Bulk Inc., which currently operates 11 Capesize vessels and has four Newcastlemaxes under construction scheduled for delivery in 2028. This initiative is part of a broader strategy focused on value creation and shareholder returns, though there can be no assurance that any transaction or listing will be pursued or completed. Danaos Corporation operates as a global shipowner and operator.