Top Shipping Stocks To Follow Now – December 28th

ZIM Integrated Shipping Services, Viking, and Frontline are the three Shipping stocks to watch today, according to MarketBeat’s stock screener tool. Shipping stocks are equity shares of companies that own, operate, or provide services to maritime cargo carriers—such as container, bulk, and tanker operators, shipbuilders, and port or shipbroking firms. Their performance is highly cyclical and driven by freight and charter rates, vessel supply, global trade volumes, fuel costs, and regulation. Investors therefore monitor indicators like the Baltic Dry Index, fleet orderbooks and scrapping rates, and broader trade trends when evaluating these stocks. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

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.

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.

Frontline (FRO)