Geopolitics Alpha

Asia-US container rates largely stable; liquid tanker rates steady to higher

Published . Updated .

Key takeaways

  • Exposed: BWET, AAXJ, BWX, EFA, FRO
  • Market reaction: price tracking starts with the next trading session.

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ENERGYAsia-US container rates largelystable; liquid tanker rates steadyto higherGEOPOLITICS ALPHA

This report is about tanker shipping and Asia. Names like FRO and DHT typically gain because frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.

  • AAXJ iShares MSCI All Country Asia ex Japan ETF-10.6% 12d

    iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Asia

  • EFA iShares MSCI EAFE ETF-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Asia

  • FRO Frontline+1.0% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • INSW International Seaways-13.9% 15d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • TNK Teekay Tankers

    Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWET+35.08%+5.02%baseafter closeafter closeafter closeafter close
AAXJ+3.50%+4.44%baseafter closeafter closeafter closeafter close
BWX-0.16%+0.37%baseafter closeafter closeafter closeafter close
EFA+1.79%+3.78%baseafter closeafter closeafter closeafter close
FRO+14.63%+6.76%baseafter closeafter closeafter closeafter close
DHT+15.43%+6.67%baseafter closeafter closeafter closeafter close
INSW+7.59%+1.40%baseafter closeafter closeafter closeafter close
TNK+11.16%+3.34%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Asia-US container rates largely stable; liquid tanker rates steady to higher ICIS

Source: ICIS

The price since 7 Nov 2026: Amplify Commodity Trust (BWET) versus the S&P 500

CompanyWhenMoveStatus
Ishares Msci Asia Ex-Japan (AAXJ)three days earlier+4.44%final price
Ishares Msci Asia Ex-Japan (AAXJ)five days earlier+3.50%final price
Amplify Commodity Trust (BWET)three days earlier+5.02%final price
Amplify Commodity Trust (BWET)five days earlier+35.08%final price
Spdr Series Trust (BWX)three days earlier+0.37%final price
Spdr Series Trust (BWX)five days earlier-0.16%final price
DHT Holdings (DHT)three days earlier+6.67%final price
DHT Holdings (DHT)five days earlier+15.43%final price
Ishares Tr (EFA)three days earlier+3.78%final price
Ishares Tr (EFA)five days earlier+1.79%final price
Frontline (FRO)three days earlier+6.76%final price
Frontline (FRO)five days earlier+14.63%final price
International Seaways (INSW)three days earlier+1.40%final price
International Seaways (INSW)five days earlier+7.59%final price
Teekay Tankers (TNK)three days earlier+3.34%final price
Teekay Tankers (TNK)five days earlier+11.16%final price

Congressional stock trades in Amplify Commodity Trust (BWET)

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Amplify Commodity Trust (BWET)

The side that tends to collect

  • FRO Frontline

    For “Asia-US container rates largely stable; liquid tanker rates steady to higher,” Frontline (FRO) tends to benefit, medium confidence. Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story

  • DHT DHT Holdings

    DHT Holdings (DHT) tends to benefit, medium confidence in the 7 Nov 2026 story “Asia-US container rates largely stable; liquid tanker rates steady to higher.” Reason on file: DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story

  • INSW International Seaways

    In “Asia-US container rates largely stable; liquid tanker rates steady to higher,” International Seaways (INSW) tends to benefit, medium confidence. Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story

  • TNK Teekay Tankers

    Teekay Tankers (TNK) tends to benefit, medium confidence in the 7 Nov 2026 story “Asia-US container rates largely stable; liquid tanker rates steady to higher.” Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story

No up or down call on file

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Asia-US container rates largely stable; liquid tanker rates steady to higher.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story

  • AAXJ Ishares Msci Asia Ex-Japan

    In “Asia-US container rates largely stable; liquid tanker rates steady to higher,” Ishares Msci Asia Ex-Japan (AAXJ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”)

  • BWX Spdr Series Trust

    Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Asia-US container rates largely stable; liquid tanker rates steady to higher.” Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Asia

  • EFA Ishares Tr

    Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Asia-US container rates largely stable; liquid tanker rates steady to higher.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Asia

Amplify Commodity Trust (BWET) and the energy link

“Asia-US container rates largely stable; liquid tanker rates steady to higher” (7 Nov 2026) reaches Amplify Commodity Trust (BWET) through Energy.

For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story

A second company, Ishares Msci Asia Ex-Japan (AAXJ), is listed for a different reason: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”)

The price range for Amplify Commodity Trust (BWET), and the dates in the story

AAXJ traded between 106.27 and 119.65 across 9 sessions. The latest close on file is 107.13. BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20.

How solid the energy case looks

46 out of 100

“Asia-US container rates largely stable; liquid tanker rates steady to higher” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.