Promising Shipping Stocks To Research – March 22nd

Golar LNG, Viking, and Almonty Industries are the three 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 carriers, dry-bulk and tanker operators, shipowners, ports, and marine logistics firms. For investors, they offer exposure to global trade and freight-rate cycles and tend to be highly cyclical and sensitive to factors like fuel costs, fleet supply, shipping indices (e.g., Baltic Dry Index), and geopolitical or regulatory events. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

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.

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.