HTK Shipping buys bulker from Cetus in fleet renewal drive
Published . Updated .
Cetus Tiger acquisition brings this year’s buying tally to three handy bulkers for Vietnamese shipowner
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 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.
- BDRY Breakwave Dry Bulk Shipping ETF-11.6% 14d
Breakwave Dry Bulk Shipping ETF: it tracks dry-bulk freight rates. Linked by “bulkers” (dry-bulk shipping) in this story.
- VNM VanEck Vietnam ETF-2.0% 30d
VanEck Vietnam ETF holds stocks listed in Vietnam, which this story is about (“vietnamese”).
- ZIM ZIM Integrated Shipping Services+1.3% 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.
- KEX Kirby+3.8% 30d
Kirby (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.
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 | — | — | — | — | — | — | — |
| BDRYNo price data for this ticker | — | — | — | — | — | — | — |
| VNMNo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | -2.06% | -0.44% | base | -1.45% | -4.62% | after close | after close |
| MATX | -0.28% | +0.49% | base | -0.60% | -2.02% | after close | after close |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
| DAC | -0.63% | -0.48% | base | +0.18% | -0.95% | 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.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
HTK Shipping buys bulker from Cetus in fleet renewal drive TradeWinds News
Source: TradeWinds News
Shipping
| Company | When | Move | Status |
|---|---|---|---|
| DAC | that day | +0.18% | final price |
| DAC | the next day | -0.95% | final price |
| DAC | three days earlier | -0.48% | final price |
| DAC | five days earlier | -0.63% | final price |
| MATX | that day | -0.60% | final price |
| MATX | the next day | -2.02% | final price |
| MATX | three days earlier | +0.49% | final price |
| MATX | five days earlier | -0.28% | final price |
| ZIM | that day | -1.45% | final price |
| ZIM | the next day | -4.62% | final price |
| ZIM | three days earlier | -0.44% | final price |
| ZIM | five days earlier | -2.06% | final price |
How solid the shipping case looks
12 out of 100
“HTK Shipping buys bulker from Cetus in fleet renewal drive” scores 12 out of 100. The score uses 1 sources.