Friday, 7 June 2013
Global Economic Forecast Shows Need For Container Investing
For example, the new huge container ships that are sailing today can transport 18,000 TEU’s compared to 1,000 TEU back in the 1960’s when they first were introduced into the world economy. As a result of these necessary evolution in the shipping industry, in the last ten years, over 75% of the world’s countries have invested tens of trillions of dollars into upgrading their port infrastructures to accommodate the new efficient and effective advancements. These investments have not only put these regions in a better competitive position in the future, but they also stimulated their local economies in the short term and created appealing investment opportunities that work to increase their domestic prosperity and economic growth.
Over many decades, the container industry has been able to meet the challenge and is expected to do so in the future. The demand for shipping containers has provided many good investing opportunities for investors to capitalise on in the past, and with the expected doubling of the world economy by 2020, the profitable investment opportunity has become even more popular over the last few years. The global economy is growing. And with it, the international shipping industry must grow as well. It has always, and will always be, an extremely important industry with regards to global economic growth and recovery.