How to invest in shipbuilding stocks | The Guardian Nigeria News - Nigeria and World News

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Since the dawn of economics, maritime trade has been the backbone of trade across the world. Even now, ships keep entire world economies alive and active. A single mishap – as seen with the Ever Given obstructing the Suez Canal earlier this year – can turn world trade on its head. Ships transport everything from […]

Since the dawn of economics, maritime trade has been the backbone of trade across the world. Even now, ships keep entire world economies alive and active. A single mishap – as seen with theShips transport everything from iron ore and crude oil to automobiles and electronics. So, you can only imagine the importance this industry is invested with. By carrying almost 90% of world trade on its back, the shipping industry is truly a giant. Investing in it should be an absolute no-brainer.

FFAs are traded easily with a principal-to-principal agreement. However, of the three ways listed here, this is the most difficult market to get into. There are high barriers, very few active accounts across the world, and it requires a high level of specialization to track it properly and profitably. You will need to knowFor anyone wanting to get into investing in the shipping sector, ETFs are the easiest way of doing so.

 

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