Shipping Stocks Are Ripe for the Picking
While estimates vary depending on the source and region, maritime transport of goods is by far the most preferred mode across the world, accounting for 80-90% of the total volume transported.
Because ships take years to build, total shipping capacity generally changes only gradually over time, as global trade of merchandise increases. As global trade soared in the last few decades, ships could operate at higher capacity, thus lowering costs and also leading to the building of larger and larger ships. This came with its own share of challenges, since larger ships take longer to load and pressure the port and other infrastructure.