In 2008, the index spiked as a shortage of transporting ships met head on with a roaring commodities market. But just as shipping capacity expanded in response to increased demand, the financial crisis rocked the global economy. [6 ETFs For Rising Imports.]
Todd Shriber of Investopedia thinks we should watch the shipping industry from the sidelines now. Well, at least until the global economy shows clear signs of a recovery.
For more stories on the shipping industry, visit our shipping category.
Claymore/Delta Global Shipping ETF (NYSE: SEA)
Sumin Kim contributed to this article.