7 Best Shipping Stocks to Buy in October It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal Reserve would like. In addition, with shipping rates down from record levels, it’s not surprising that many shipping stocks have been whacked hard in 2022. But that may be an opportunity. According to the International Chamber of Shipping, 90% of world trade flows through the maritime shipping industry. That industry is headed by publicly traded companies. This is an extremely volatile sector, but it’s essential to the world’s supply chain. Still, when looking for the best shipping stocks, investors should consider the companies with strong balance sheets and a proven track record or competitive advantages in the sector. Here are seven of the best shipping stocks for investors to consider.