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We recently published a list of 11 best maritime maritime shares to invest now. In this article, we will examine where Kirby Corporation (NYSE: Kex) applies to other best maritime actions to invest now.
According to Dr. Shashi Kumar of the US Naval Institute, geopolitical developments tend to have a greater impact on the very volatile transport market compared to market forces. Since the 2007-2008 financial crisis, the global shipping market continues to deal with a series of new challenges. However, the difficult conditions that this industry faced in 2024 have been unrivaled in the past decade and a half, explains Kumar. The difficult conditions of the year included prolonged war in Ukraine, free Houthi attacks in the Red Sea as well as increased tensions in the Southern China Sea. Kumar also noted that the container ships had decided to avoid the Suez Canal and chose to transport goods to southern Africa, which has increased transit time and greenhouse gas emissions. Despite this, the owners of these containers had a profitable year.
The marine vessel market is expected to reach 133.63 billion US dollars by 2030, compared to 111.10 billion US dollars in 2024, according to research and markets. While global trade continues to fuel the demand of different types of ships, the growth of the military navy has also supported the market. In particular, the requirement of larger and more versatile ships stems from the effective transport demand for goods. In addition, the increase in passenger and tourism needs continues to feed the expansion of the fleet and technological improvements.
The company believes that several cruise lines have added more ships to meet the needs of travelers focusing on unique experiences. Overall, the strategic renewal of the fleet remains critical for improving the market. The new ships and fuel economics have been supported to meet environmental standards and lower costs, explains research and markets. The transition to sustainable shipping practices continues to become more critical to obey international rules targeting reduced emissions.
Research and Markets believes that cargo ships continue to become an essential element of commercial shipment. Such ships tend to play an essential role in world trade by transporting many goods through the seas. With the demand for faster and more reliable navigation, the wider industry remains focused on the adoption of new technologies. In particular, modern navigation systems, ecological fuels and automation tend to improve efficiency, improve safety and reduce environmental impact. Consequently, as global trade has developed, freight ships remain essential with regard to international trade and economic growth.
To list the 11 best maritime transport actions in which investing now, we have used screening to preselect the companies that are aimed at the wider maritime transport industry. Then, we mentioned the feelings of the hedge funds around each actions, in the fourth quarter of 2024. Finally, the actions were organized in increasing order of their feelings of hedge funds.
Why are we interested in the stocks in which the hedge funds stacked? The reason is simple: our research has shown that we can surpass the market by imitating the main choices of stock of the best hedge funds. The strategy of our quarterly newsletter selects 14 shares with small capitalization and large capitalization each quarter and has rendered 373.4% since May 2014, beating its reference with 218 percentage points (See more details here).
Is Kirby Corporation (Kex) the best maritime actions in which invest in now?
A line of dredges and cranes on a marine transport quay.
Number of hedge holders: 41
Kirby Corporation (NYSE: Kex) operates interior tanks in the United States. Thanks to the segment of sea transport, the company transports petrochemics, black oil, refined oil products and agricultural chemicals by reservoir barge. STIFEL analysts have undergone a “buying” note on the company’s shares with a price target of $ 135.00. Sales of electrical equipment by the company for data centers have been highlighted. According to analysts, the opportunities for mergers and acquisitions on the internal market of the barges seem to be more and more tangible, which can act as a catalyst for the actions of Kirby Corporation (NYSE: Kex).
The company continues to undergo high demand throughout its commercial segments. Its accent placed on the interior market of barges, as well as its high sales in electrical equipment, places it well in industry. The company’s report has demonstrated its confidence in the operational force of Kirby Corporation (NYSE: KEX) and its growth potential, being mainly given the possible impact of strategic acquisitions. For the financial year 2024, it experienced net profit attributable to the company of $ 286.7 million or $ 4.91 per share, against $ 222.9 million or $ 3.72 per share for 2023. Overall, the Kirby Corporation range (NYSE: KEX) was on average 90% for the limited layout of the second. In the middle at a 20% summit in annual sliding on the renewals of term contracts as well as the average cash rates in cash which increased in the basal range of adolescence in annual sliding.
Overall, Kex 1st On our list of the best maritime transport actions in which invest now. While we recognize Kex’s potential as an investment, our conviction lies in the conviction that certain actions of deeply sub-sous-esteem are more promising to offer higher yields and do it within a shorter period. There is a stock of AI that has increased since the beginning of 2025, while the popular AI shares have lost around 25%. If you are looking for a deeply undervalued actions which are more promising than Kex but which is negotiated within 5 times its income, consult our report on this subject Stock ai the cheapest.
