Top Shipping Stocks To Consider - April 3rd

Key Points

• MarketBeat's screener highlights seven shipping stocks to watch — VIK, FRO, GLNG, STNG, ALM, ECO, and ZIM — which posted the highest dollar trading volume among shipping names in recent days.
• Shipping stocks are highly cyclical and volatile, with returns driven by global trade trends, fuel costs, vessel supply, and regulatory changes, so investor risk is elevated.
• Notable company details: Viking (VIK) operates a roughly 92‑ship passenger fleet (mostly river vessels), while Golar LNG (GLNG) focuses on FLNG/LNG infrastructure and shipping, illustrating diverse subsectors within the list.

Viking, Frontline, Golar LNG, Scorpio Tankers, Almonty Industries, Okeanis Eco Tankers, and ZIM Integrated Shipping Services are the seven Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of companies involved in maritime transport and related services—such as container lines, dry-bulk and tanker operators, ports and shipowners—whose revenues depend on freight volumes and shipping rates. They are typically cyclical and can be volatile, influenced heavily by global trade trends, fuel costs, vessel supply and regulatory changes. 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

Frontline (FRO)

Read Our Latest Research Report on FRO

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

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

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

Okeanis Eco Tankers (ECO)

Read Our Latest Research Report on ECO

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

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