10 Best Marine Shipping Stocks to Buy According to Analysts

4. Navios Maritime Partners L.P. (NYSE:NMM) 

Upside Potential: 71.21%

Number of Hedge Fund Investors: 11

Stock Price as of December 24: $44.39

Navios Maritime Partners L.P. (NYSE:NMM) is a global owner and operator of dry bulk and container vessels, providing maritime logistics solutions across the globe. The company operates a versatile fleet of 179 vessels spread across 16 asset classes in three sectors: dry bulk, tanker, and container. Navios Maritime Partners L.P. (NYSE:NMM) caters to both short-term and long-term charter agreements.

Following three new vessel deliveries in Q3 and early Q4, the company has a robust pipeline of 27 additional newbuild vessels scheduled to join the fleet through 2028, representing a significant investment of $1.9 billion. In the containership segment, the company has eight vessels to be delivered, with a total acquisition price of $800 million. These vessels are backed by long-term, creditworthy charters expected to generate approximately $800 million in revenue over an average charter duration of 6.6 years. In the tanker segment, the company has 19 vessels to be delivered, with a total price of approximately $1.1 billion. Fifteen of these vessels have already been chartered out for an average period of five years, expected to generate aggregate contracted revenue of about $700 million.

The company is also actively managing its fleet composition to ensure optimal performance and efficiency. In 2024, the company sold nine older vessels with an average age of 17.5 years for $183 million. Simultaneously, it exercised purchase options on five charter-in Japanese-built vessels with an average age of 8 years for a total price of $142.1 million.

This initiative aims to maximize energy efficiency by maintaining a fleet of vessels with the latest technology, enhancing the company’s operational efficiency, reducing its carbon footprint, and positioning the company to capitalize on long-term charter agreements with creditworthy counterparties.