China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases
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This report is about tanker shipping and China. 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.
- FXI iShares China Large-Cap ETF-3.4% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- 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-10.7% 18d
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.
- 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-5.8% 11d
Matson (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 |
|---|---|---|---|---|---|---|---|
| BWET | +35.67% | +29.19% | base | +4.90% | after close | after close | after close |
| FXI | +0.49% | +1.53% | base | -1.35% | after close | after close | after close |
| FRO | +10.52% | +3.52% | base | +4.39% | after close | after close | after close |
| DHT | +6.01% | -0.62% | base | +4.90% | after close | after close | after close |
| INSW | +1.26% | -0.13% | base | +3.20% | after close | after close | after close |
| TNK | +3.72% | +0.36% | base | +3.09% | after close | after close | after close |
| ZIM | +1.49% | -0.50% | base | +3.31% | after close | after close | after close |
| MATX | +1.77% | +2.30% | base | +1.84% | after close | after close | after 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.
China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases Reuters
Source: Reuters
Amplify Commodity Trust (BWET) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | +4.90% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +29.19% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.67% | final price |
| DHT Holdings (DHT) | that day | +4.90% | still updating |
| DHT Holdings (DHT) | three days earlier | -0.62% | final price |
| DHT Holdings (DHT) | five days earlier | +6.01% | final price |
| Frontline (FRO) | that day | +4.39% | still updating |
| Frontline (FRO) | three days earlier | +3.52% | final price |
| Frontline (FRO) | five days earlier | +10.52% | final price |
| Ishares China Large-Cap Etf (FXI) | that day | -1.35% | still updating |
| Ishares China Large-Cap Etf (FXI) | three days earlier | +1.53% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | +0.49% | final price |
| International Seaways (INSW) | that day | +3.20% | still updating |
| International Seaways (INSW) | three days earlier | -0.13% | final price |
| International Seaways (INSW) | five days earlier | +1.26% | final price |
| Matson (MATX) | that day | +1.84% | still updating |
| Matson (MATX) | three days earlier | +2.30% | final price |
| Matson (MATX) | five days earlier | +1.77% | final price |
| Teekay Tankers (TNK) | that day | +3.09% | still updating |
| Teekay Tankers (TNK) | three days earlier | +0.36% | final price |
| Teekay Tankers (TNK) | five days earlier | +3.72% | final price |
| ZIM Integrated Shipping Services (ZIM) | that day | +3.31% | still updating |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | -0.50% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | +1.49% | final price |
Who collects and who pays in energy
Likely winners
- FRO Frontline
In “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases,” 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 11 Nov 2026 story “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases.” 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
For “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases,” 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
For “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases,” Teekay Tankers (TNK) tends to benefit, medium confidence. 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
For “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
- FXI Ishares China Large-Cap Etf
Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases.” Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
- ZIM ZIM Integrated Shipping Services
In “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases,” ZIM Integrated Shipping Services (ZIM) is linked, with no stored direction, medium confidence. Reason on file: 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
Matson (MATX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases.” Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
How energy news reaches Amplify Commodity Trust (BWET)
Amplify Commodity Trust (BWET) is the company in “China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases,” the 11 Nov 2026 Energy story.
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
Also listed, Ishares China Large-Cap Etf (FXI): iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
Dates in the story, and the Amplify Commodity Trust (BWET) price range
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. FRO traded between 47.51 and 59.74 across 20 sessions. The latest close on file is 48.49. FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.21.
A simple score for Amplify Commodity Trust (BWET)
46 out of 100Price not final
“China's COSCO SHIPPING Development signs $2 billion tanker order, secures long-term leases” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.