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Furthermore, according to a Research and Markets report, the global shipping container market is expected to reach $14.88 billion in 2021. It is further expected to grow at a 6% CAGR to $20.02 billion by 2026. In addition, in the wake of the pandemic disruptions, many companies have resumed paying dividends. According to a Reuters analysis of Refinitiv data, for major companies with a market capitalization of at least $1 billion, total pay-outs to shareholders are estimated to be $1.37 trillion in 2021.
Therefore, we think high dividend-yielding and quality shipping stocks ZIM Integrated Shipping Services Ltd. (ZIM) and Eagle Bulk Shipping Inc. (NASDAQ:EGLE) could be solid bets now.
