Hooded Lantern Valheim 1.0.20
Hooded Lantern is a torch in Valheim.
“A simple torch would just be so old fashioned.”
The Hooded Lantern is a Torch-type item. Its in-game description reads: "A simple torch would just be so old fashioned." It weighs 2, and it can be teleported, so you can carry it through a portal.
Other torch items
Dvergr Lantern, 
Mist Torch, 
Salvaged Lantern, 
Sparkler, 
Torch.