Top Shipping Stocks | The Motley Fool

Shipping stocks tend to fly under the radar until things go wrong. In recent years, we’ve repeatedly been reminded of how essential marine shipping is to the global economy.

When normal supply chains are disrupted, it can take weeks (if not months) to get sea cargo ships and containers back into position. Any delays can ripple through the economy, causing manufacturers to slow production and retailers to have only limited inventories available for sale.

Aerial view of ships waiting to come to port.

Image source: Getty Images.

For investors, the takeaway should be that there is value in the essential nature of this industry. These are companies the world simply cannot do without. Global trade value hit more than $30 trillion in 2023, and much of that cargo was transported…

Source link