Is Kirby Corporation (Kex) are the best marine shipping shares now?

We recently published a list of 11 best shipping shares for investment now. In this article, we will look at the place where Kirby Corporation (NYSE: KEX) stands against the best marine shipping shares now.

According to Dr. Shashi Kumar of the American Maritime Institute, geopolitical developments tend to have a greater impact on the very volatile shipping market compared to the market forces. Since the 2007-2008 financial crisis, the broader global shipping market has continued to face a series of new challenges. However, the difficult circumstances that this industry faced in 2024 was not installed over the past half and half, says Kumar. The difficult circumstances of this year included the long war in Ukraine, the Houthi attacks in the Red Sea, as well as increased tensions in the South China Sea. Kumar also noted that the container ships decided to avoid the Suez Canal and chose to transport goods around South Africa, which increased the time of transportation and greenhouse gas emissions. Nevertheless, the owners of the container ships saw this year as a profitable year.

The marine ship market is expected to reach 133.63 billion dollars by 2030 from $ 111.10 billion in 2024, according to research and markets. While global trade continues to fuel the demand for different types of ships, the growth of the military navy has provided support to expand the market. It is worth noting that the largest and most diversified vessels condition stems from the demand for the transportation of effective goods. Also, the increased needs of passengers and tourism continues to expand the fleet and technology promotions.

The company believes that many cruise lines were adding more ships to meet the needs of travelers who focus on unique experiences. In general, the renewal of the strategic fleet is still necessary to improve the market. Research and markets say that research and markets are that research and markets are that research and markets are that research and markets are research and markets. Research and markets are research and markets. Research and markets are new and combined ships in fuel supports to meet environmental standards and reduce low costs and markets. The transition towards sustainable shipping practices is still more important to obey international rules targeting low emissions.

Also read: 7 best shares for long -term purchase and 8 cheap Jim Cramer shares to invest in.

Research and markets believe that shipping ships are still an important part of commercial shipping. These ships tend to play a vital role in global trade by transporting many goods across seas. As the demand for charging increases faster and more reliable, the broader industry remains focused on adopting new technologies. It is worth noting that modern navigation systems, environmentally friendly fuel and automation tend to enhance efficiency, improve safety and reduce environmental impact. Therefore, with the expansion of global trade, shipping ships remain more important when it comes to international trade and economic growth.