In 2017, US-listed owners raised the third-highest amount of proceeds ever recorded, yet the shipping industry remained out of favour among Wall Street investors. The reason for shipping's unpopularity is obvious: shipping shares have underperformed terribly versus the broader stock market during the past half-decade. Why buy shares in Teekay or Seaspan when you can actually make a lot of money buying Amazon or even a Dow Jones exchange-traded fund?
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