Best Shipping Stocks To Follow Today - October 17th

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MarketBeat's stock screener identifies seven shipping stocks to watch on October 17th: Viking, Frontline, Golar LNG, Okeanis Eco Tankers, Torm, Scorpio Tankers, and Almonty Industries. These companies were selected based on having the highest dollar trading volume among shipping stocks in recent days. The report provides brief overviews of each company's operations, including Viking's passenger transport, Golar LNG's marine infrastructure, and others involved in tanker and bulk carrier services.

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Viking, Frontline, Golar LNG, Okeanis Eco Tankers, Torm, Scorpio Tankers, and Almonty Industries are the seven Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of publicly traded companies involved in transporting goods or passengers by sea, including container lines, tanker operators, dry-bulk carriers, and related maritime businesses. Their performance is often influenced by global trade, freight rates, fuel costs, fleet capacity, and economic 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.

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Read Our Latest Research Report on VIK

Frontline (FRO)

Read Our Latest Research Report on FRO

Golar LNG (GLNG)

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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

Okeanis Eco Tankers (ECO)

Read Our Latest Research Report on ECO

Torm (TRMD)

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil.

Read Our Latest Research Report on TRMD

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

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Best Shipping Stocks To Follow Today - October 17th

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