The shipping industry is in a better position now then it has been at any time since the global economic crisis in 2008. Additionally, private equity firms have taken notice of the change, and have invested more than $14 billion in shipping companies; in the first half of 2014.
This means that it is a great time to consider adding shipping industry investments to your stock/investment portfolio. That said, here are 3 of the leading container shipping stocks:
Nordic American Tanker Ltd (NYSE: NAT), is a solid long-term investment. Currently, the company has a fleet of 22 Suezmax vessels to transport crude oil around the world.
With the decrease in crude oil costs, the company is saving $12,000 per day per vessel on fuel consumption.
Additionally, lowered oil prices created higher demand, making this an almost recession proof shipping company.
The 7.20% dividend yield makes this investment even more appealing.
SeaSpan (SSW) provides bunkering, ship repair, and ship building services.
The company just initiated a dividend yield, and expecting earnings of $.26 per share on $184.30 million in revenue for the quarter.
Global ship building continues to go strong, and when that recedes many shipping companies will need repairs for those ships.
Just like the ones who ultimately made money in the gold rush, were the stores. The shipping repair companies are poised to profit in global shipping.
MAERSKb.CO is the final company we are discussing today. When investing in a container shipping company, it might as well be the biggest container shipping company in the world. In terms of longevity, A.P. Møller-Maersk is very likely be around for many years to come. Moreover, the company is in the midst of a growth spurt, with new Triple-e ships on the way.
The company’s container shipping division – Maersk Line, has agreed to the new 2M alliance with the Mediterranean Shipping Company, which guarantees the alliance a 30% share of the international shipping market.