DAO Shipping Ltd. (DAO) is a ship owning company focused on the dry cargo market. DAO is an affiliated company of Ray Car Carriers Ltd, one of the leading ship owners in the car carrier sector.
We commenced operations in 2012 with the delivery of a series of supramax bulk carriers from Hyundai Mipo Dockyard in South Korea. Our fleet continues to grow with further ships delivering from leading shipyards in Asia.
Our management has substantial experience in ship owning, shipbuilding, ship finance and commercial and technical ship management.
We have a prudent business philosophy based on long-term cooperation with major global shipping and logistics companies, commodity producers and end users. We are committed to building efficient, high-specification ships at first-class shipyards. Our ships are built to last and tailored to our customers' requirements.
Technical management is conducted in cooperation with Anglo Eastern (Group) Ltd., based in Glasgow, Scotland. Anglo Eastern is renowned for their high-quality customer base and diligent approach to ship management.
We are based in the heart of London and a proud participant in the United Kingdom tonnage tax programme. The company supports the development of the UK maritime cluster by recruiting and training UK & EEC cadets. DAO is also a member of the Baltic Exchange.