Best Shipping Stocks Worth Watching – May 14th

Viking, Almonty Industries, Golar LNG, Okeanis Eco Tankers, 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 or operate vessels used to transport goods, commodities, or passengers by sea. For stock market investors, the term usually refers to publicly traded shipping firms whose earnings are tied to freight rates, global trade demand, fuel costs, and shipping capacity. 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.

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.

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.

Okeanis Eco Tankers (ECO)

Frontline (FRO)