The following video is part of our "Motley Fool Conversations" series, in which Austin Smith, consumer goods editor and analyst, and Brendan Byrnes, industrials editor and analyst, discuss topics across the investing world.

In today's edition, they discuss how there is opportunity in this industry, and Warren Buffet has even stated that he is bullish on it (and owns a major player in it). The sector may seem dull, but these are solid and steady dividend producers that should be around for the foreseeable future. Shippers, on the other hand, are suffering from an oversupply problem. They are also very vulnerable to global economic slowdowns, and it doesn't help that three of the major dry bulk shippers are based out of Greece.

Brendan Byrnes and Austin Smith do not own shares of the companies listed above. The Motley Fool owns shares of Berkshire Hathaway. Motley Fool newsletter services have recommended buying shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.