Maersk Taps Hudong-Zhonghua for 12+12 24,000-TEU LNG Dual-Fuel Boxships in $5.8 Billion Deal
Published . Updated .
This report is about container shipping and natural gas.
Directly affected
- AMKBY A.P. Moller-Maersk (CPH: MAERSK-B)
Named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “teu” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “teu” (container shipping) in this story.
- UNG United States Natural Gas Fund-11.6% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- 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 “teu” (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 “teu” (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 “teu” (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 “teu” (container shipping) in this story.
- LNG Cheniere Energy+20.1% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) 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 | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| UNGNo price data for this ticker | — | — | — | — | — | — | — |
| ZIMNo price data for this ticker | — | — | — | — | — | — | — |
| MATXNo price data for this ticker | — | — | — | — | — | — | — |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
| DACNo price data for this ticker | — | — | — | — | — | — | — |
| LNGNo 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 Taps Hudong-Zhonghua for 12+12 24,000-TEU LNG Dual-Fuel Boxships in $5.8 Billion Deal iMarine
Source: iMarine
How solid the energy case looks
12 out of 100
“Maersk Taps Hudong-Zhonghua for 12+12 24,000-TEU LNG Dual-Fuel Boxships in $5.8 Billion Deal” scores 12 out of 100. The score uses 1 sources.