Black Sea has become the world’s most dangerous shipping route – FT
Published . Updated .
This report is about container shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+64.8% 18d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- ZIM ZIM Integrated Shipping Services-1.2% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- KEX Kirby-4.0% 18d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | -1.23% | -0.66% | base | +0.58% | after close | after close | after close |
| MATX | +1.35% | +2.85% | base | +1.96% | after close | after close | after close |
| DACNo price data for this ticker | — | — | — | — | — | — | — |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
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.
Market Call
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Black Sea has become the world’s most dangerous shipping route – FT GMK Center
Source: GMK Center
Black Sea
| Company | When | Move | Status |
|---|---|---|---|
| MATX | that day | +1.96% | still updating |
| MATX | three days earlier | +2.85% | final price |
| MATX | five days earlier | +1.35% | final price |
| ZIM | that day | +0.58% | still updating |
| ZIM | three days earlier | -0.66% | final price |
| ZIM | five days earlier | -1.23% | final price |
Black Sea on the map for this story
Geopolitics Alpha has 10 stories about Black Sea from the past 7 days and 40 stories from the past 30. That is about its usual pace over the past month. “Black Sea has become the world’s most dangerous shipping route – FT” is tagged to Black Sea.
How solid the shipping case looks
12 out of 100Price not final
“Black Sea has become the world’s most dangerous shipping route – FT” scores 12 out of 100. The score uses 1 sources. The price is not final yet.