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Shipping Stocks To Watch Now - October 15th

Almonty Industries logo with Basic Materials background

Key Points

  • Shipping stocks to watch include Almonty Industries, Viking, Golar LNG, ZIM Integrated Shipping Services, and Frontline, which recently showed the highest dollar trading volume in the sector.
  • Almonty Industries is actively mining and shipping tungsten concentrate from its Panasqueira Mine in Portugal, while Viking operates a diverse fleet of 92 ships for passenger transport.
  • Golar LNG focuses on liquefied natural gas (LNG) operations, including regasification and transportation, highlighting the varied activities of the shipping sector beyond traditional freight.
  • Five stocks to consider instead of Almonty Industries.

Almonty Industries, Viking, Golar LNG, ZIM Integrated Shipping Services, and Frontline are the five Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of companies that own, operate, or provide services to the maritime transport sector—including container lines, dry-bulk and tanker carriers, and maritime logistics or support firms. Their performance is closely tied to global trade volumes, freight and charter rates, and fuel and operating costs, making them typically cyclical and more volatile than broader market averages. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

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

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

ZIM Integrated Shipping Services (ZIM)

ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders.

Read Our Latest Research Report on ZIM

Frontline (FRO)

Read Our Latest Research Report on FRO

See Also

Should You Invest $1,000 in Almonty Industries Right Now?

Before you consider Almonty Industries, you'll want to hear this.

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