Maersk Tankers' Ammonia Power Tanker Retrofit Project Gets EU Funding
Published . Updated .
This report is about Tanker rates and Energy. Names like FRO and INSW typically gain because tanker operators earn more when freight rates spike. Linked by “tanker” in this story.
Directly affected
- AMKBY A.P. Moller-Maersk (CPH: MAERSK-B)
Named in this report.
Indirectly affected
- ZIM ZIM Integrated Shipping-1.2% 30d
Container lines are exposed when a shipping lane is disrupted. Linked by “freight + freight rate” in this story
- MATX Matson-5.7% 9d
Container lines are exposed when a shipping lane is disrupted. Linked by “freight + freight rate” in this story
- DAC Danaos
Ship owners earn more when vessels are tied up longer. Linked by “freight + freight rate” in this story
- GSL Global Ship Lease-8.5% 30d
Ship owners earn more when vessels are tied up longer. Linked by “freight + freight rate” in this story
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AMKBYNon-US listing (OTC); price checks may stay empty | — | — | — | — | — | — | — |
| ZIM | -1.23% | -0.66% | base | after close | after close | after close | after close |
| MATX | +1.35% | +2.85% | base | after close | after close | after close | after close |
| DACNo price data for this ticker | — | — | — | — | — | — | — |
| GSLNo 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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Maersk Tankers' Ammonia Power Tanker Retrofit Project Gets EU Funding The Maritime Executive
Source: The Maritime Executive
Energy
| Company | When | Move | Status |
|---|---|---|---|
| MATX | three days earlier | +2.85% | final price |
| MATX | five days earlier | +1.35% | final price |
| ZIM | three days earlier | -0.66% | final price |
| ZIM | five days earlier | -1.23% | final price |
How solid the energy case looks
12 out of 100
“Maersk Tankers' Ammonia Power Tanker Retrofit Project Gets EU Funding” scores 12 out of 100. The score uses 1 sources.