Top Shipping Stocks To Consider – January 4th

by · The Cerbat Gem

Viking, ZIM Integrated Shipping Services, and Frontline are the three Shipping stocks to watch today, according to MarketBeat’s stock screener tool. Shipping stocks are shares of companies that own, operate, or manage seagoing cargo vessels—such as container, dry-bulk, and tanker carriers—or provide related maritime services. Their performance is highly cyclical and driven by global trade volumes, freight and charter rates (e.g., the Baltic Dry Index), fuel costs, and regulatory or geopolitical developments, so investors closely watch those indicators when assessing them. 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

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

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