maersk line container shipping

Shipping Industry Rebounding, Signals Strong Future Ahead

According to the largest container shipping company in the world (by revenue), the worldwide shipping industry finally looks to be in a great place. Analysts agree that the entire shipping sector is coming back strongly from a tough economic downturn, and is shrugging off new issues related to Russian sanctions.

Moller-Maersk, the Danish shipping and oil group, reported second quarter net profits that surpassed its previous forecasts. The shipping giant said that this strong growth was attributed to a growing demand for container transportation, which in turn increased profits and encouraged them to raise the company’s forecast for the year. According to recent reports, container shipping volume increased by 6.6 perfect in the quarter (year over year), compared to the same quarter in 2013.

It is a bellwether for global trade to a large extent, simply by virtue of its status as the world’s largest container shipping line.- Analyst for Macquarie Securities

Moller-Maersk has announced second-quarter net profits of $2.25 billion, which beat the set expectations of $2.21 for the financial period. The shipping unit of the firm, better known as Maersk Line, also performed better than expected. This unexpected performance prompted the company to increase its 2014 underlying profit projection by half of a billion dollars, rising to $4.5 billion from the previously announced figure of $ 4.0 billion.

Group CEO Nils Smedegaard Andersen has gone on record to state that the results were very satisfactory for the first half of 2014 and are in line with the company’s prediction that shipping revenues this would far surpass those from the dismal performance in 2013.

This quarter we have benefited from a pretty good pickup from the Asia to Europe trade.- Maersk CEO

According to officials, the company has been better able to manage the shipping line’s container capacity, thereby allowing Maersk Line to outperform the market and all of its competitors.

Tensions are high around Russia, who is still reeling from the repercussions of sanctions imposed by Western countries following the issues with Crimea back in March 2014. Analysts expect that this political and economic turmoil could possibly affect the company’s revenues. Nevertheless, Moller-Maersk announced that it will buy back $1 billion in shares in the coming 12 months.

questions about investments

The Importance of Being Educated Before and After Investing

If I had to name just one thing that has emerged over the years to make us better investors, it is the access to information. What was once impossible to track down, or simply unknown, can now be researched and found with a few searches on a computer, phone or tablet. As a result, people are becoming more and more at ease with doing their own in-depth investment research before and after investing, and finding the necessary information themselves.

For today’s investors, access to information is not the problem. Reading through it all, and picking what is good information, is the hard part. What is my advice to investors? Look for trusted websites with people interacting. Pay close attention to the comments, social shares and even the number of followers an author has. These are indicators of how trustworthy and credible they are. Also, investor reviews and testimonials can provide a lot of insight and address unanswered questions or concerns.

With investing, you are working with your own money, and as a result, you want to be confident that the information you are using to base your decisions is accurate. This is not only important before you invest, but each and every day after. Stay current and aware. Find news sources, such as industry websites, blogs and articles, and read them daily. Take a few minutes out of your day to stay on top of your chosen industry or to simply read about what is happening in potential new investment areas.

If you are investing in emerging markets or developing nations, you can now find plenty of resources online to track and monitor an entire country’s performance, their marketplaces and their specific industries. Today’s investor is savvy and has access to important and valuable information that allows them to develop and maintain a healthy and profitable portfolio.