In order to profit from economic growth, an investor must be both knowledgeable and resourceful. A review of investment opportunities may reveal a wide array of investment vehicles, from foreign currencies and real estate investments, to investing in fine wine and antiques. There are also investment interest in commodities such as coffee from Ecuador to those mega-ships (Maersk) from Oslo, Norway, and everything in between. The shipping industry, especially the container shipping industry, may just be the alternative investment vehicle, that “floats your boat.”
For those who would like to invest in the shipping industry, there are lots of opportunities are to be found. Maersk Line for one, has signed an agreement with Daewoo Shipbuilding to construct at least 20 Triple E container ships, at a price of more than $190 million each. On the high seas of building new ships are companies like China Shipping Company, Hyundai Heavy Industries and United Arab Shipping, all awaiting new ships to bulk up their lines to meet demand for world markets. Huge sums of money for new ships are being spent, to accommodate the increased demand for goods from Asia. Maersk’s new Triple E ships, the largest container ships ever built serve the Asia-Europe markets, and find no lack of want to fill that market with goods.
The resurgence in global markets have increased demand for goods, only a couple of years since numerous companies either dismantled or shelved numerous assets in aging fleets, and all have placed orders for ships with various shipbuilders. This points to growth, which usually points to new profits and increased asset values. Investing in the shipping industry has already caught the attention of hungry investors who are eager to profit from economic growth around the world.
Should you wish to invest in the shipping industry, as in other investments, there is always some level of risk. Managing risk is part and parcel of asset allocation, investment, divestiture of non-performing assets and broker or adviser selection. With that being said, the shipping industry is demonstrating signs of renewed vigor, enhanced participation and global attention, which can for the most part; be attributed to the huge investments that have been made to ensure its profitability. To help fund their expansion and worldwide improvements, the international shipping industry leaders have introduced opportunities for investors to profit from the continued growth of the container shipping industry, as well as the world’s recovering economy.