It's a complex time for the global shipping industry. On one hand, demand for products across multiple categories continues to spike, and a recent report has suggested the industry will grow at a CAGR of nearly 5% for the next seven years; on the other hand, an increasingly uncertain trade landscape could elevate costs and force changes to routes and other operations in 2025.
Several major shipping companies are at or close to a 52-week low, which could present an opportunity to buy in while shares are relatively cheap for investors optimistic about prospects in the new year and beyond. Among these bargain firms are companies like Hafnia Ltd. (NYSE: HAFN) and Frontline plc (NYSE: FRO), two global shipping companies with shares down 10.5% and 26.0%, respectively, in the year leading to December 12, 2024.
