With a population of more than 1.35 billion people, China is the biggest market in the world today. The Asian market is becoming more and more central in world commerce and there are several reasons why the Chinese market has become so central and so strong in the world economy, especially in marine trade:
Economical Growth- The world economy is showing signs of development and expansion allowing overall growth in western and eastern ports alike. In addition, new commercial lines from US harbors to the Far East are being added constantly. The increasing demand along with the growing quantity of goods will allow further increase in profits shares of shipping companies in the Asian-Pacific market.
Chinese Economy - Recent data are now showing a growth of nearly 8 percent in Chinese markets. Additionally, there is a lot of development of sea ports in the pacific thanks to increasing traffic of ships loaded with containers.
The Pacific Area - various countries in the Pacific region like Vietnam, Laos and Thailand are showing economical growth. There is an increase in maritime trade and the numbers are showing a steady increase in shipping traffic.
Fuel Prices- oil prices showed unstable fluctuation in recent years, but are now stabilizing. Also, recent technologies allow a decrease in fuel usages, therefore minimizing future transportation costs.
Due to all these reasons, shipping container investments are now gaining popularity, being an effective alternative investment opportunity that yields high profits. shipping cargo by sea has been used all through history as a way of trading and even today it still has a central role in the global trading, and getting more and more essential. Around 90% of world trade is made by sea.
There are many shipping associations active in the pacific region in order to manage all the shipping companies operating in the area. New, modern ports are built
How To Start Investing In Shipping Containers?
Investing in shipping containers is rather simple and easy. There are many investment companies all over the world that specialize in the shipping container leasing business. A quick search on the internet will come up with a basic list to start from. Basically, there are two types of container leasing companies: One type offers to purchase the containers and the company manages and leases the containers for you. The second type offer investors to become a share holder by buying company stock. As at seems, profits are much higher by becoming an owner.
Whether you are interested in becoming an investor or simply keep yourself involved, the emergence of the Chinese market in the international shipping trade cannot be ignored and it is a major part of the world's economy.