Shipping Stocks To Research - May 4th

Key Points

• Seven shipping stocks to watch: MarketBeat's screener flagged Viking (VIK), Golar LNG (GLNG), Almonty Industries (ALM), Scorpio Tankers (STNG), Frontline (FRO), Pitney Bowes (PBI), and Star Bulk Carriers (SBLK) as the highest-dollar-volume Shipping stocks over the past several days.
• Sector risk and drivers: Shipping stocks are cyclical and often volatile, with performance tied to global trade volumes, freight and charter rates, fuel costs, and geopolitical or regulatory events—so timing matters for investors.
• Notable company notes: Viking operates a large passenger fleet (92 ships as of end-2023), Golar LNG focuses on FLNG and LNG infrastructure, and Star Bulk owns a 116-vessel dry-bulk fleet, illustrating varied business exposures within the sector.

Viking, Golar LNG, Almonty Industries, Scorpio Tankers, Frontline, Pitney Bowes, and Star Bulk Carriers are the seven Shipping stocks to watch today, according to MarketBeat's stock screener tool. "Shipping stocks" are shares of companies that own, operate, or support commercial maritime transport—such as container, bulk-carrier and tanker owners, shipbuilders, and marine logistics or port-service firms—whose revenues come from moving cargo by sea. These stocks are typically cyclical and sensitive to global trade volumes, freight rates, fuel costs, charter-market dynamics, and geopolitical or regulatory events, which can make them volatile but potentially rewarding for investors who time market cycles. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

Viking (VIK)

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.

Read Our Latest Research Report on VIK

Golar LNG (GLNG)

Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities.

Read Our Latest Research Report on GLNG

Almonty Industries (ALM)

Almonty Industries Inc. is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc. is based in TORONTO.

Read Our Latest Research Report on ALM

Scorpio Tankers (STNG)

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of crude oi and refined petroleum products in the shipping markets worldwide. As of March 21, 2024, its fleet consisted of 110 owned and leases financed tanker, including 39 LR2, 57 MR, and 14 Handymax with a weighted average age of approximately 8.1 years.

Read Our Latest Research Report on STNG

Frontline (FRO)

Read Our Latest Research Report on FRO

Pitney Bowes (PBI)

Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.

Read Our Latest Research Report on PBI

Star Bulk Carriers (SBLK)

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2023, the company owned a fleet of 116 dry bulk vessels with combined carrying capacity of 13.1 million deadweight tonnage (dwt) consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt.

Read Our Latest Research Report on SBLK

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