Geopolitics Alpha

MARAD Approves Deepwater Port License for $8.2b LNG Project

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MARAD Approves Deepwater Port License for $8.2b LNG Project

The Maritime Administration has approved a deepwater port license application for the $8.2 billion ST LNG project, US Transportation…

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-11.9% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • BWET Breakwave Tanker Shipping ETF+25.1% 18d

    Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “port” (container shipping) in this story.

  • LNG Cheniere Energy+18.9% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. 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 “port” (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 “port” (container shipping) in this story.

  • EQT Eqt+2.5% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • KEX Kirby+5.3% 30d

    Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNGNo price data for this ticker———————
XLE-0.12%+1.60%base+0.34%+0.71%+2.33%after close
BWETNo price data for this ticker———————
LNGNo price data for this ticker———————
ZIMNo price data for this ticker———————
MATXNo price data for this ticker———————
EQTNo 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.

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MARAD Approves Deepwater Port License for $8.2b LNG Project Marine News Magazine

Source: Marine News Magazine

Energy

CompanyWhenMoveStatus
XLEthat day+0.34%final price
XLEthe next day+0.71%final price
XLEtwo days later+2.33%still updating
XLEthree days earlier+1.60%final price
XLEfive days earlier-0.12%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “MARAD Approves Deepwater Port License for $8.2b LNG Project” looks

12 out of 100Price not final

“MARAD Approves Deepwater Port License for $8.2b LNG Project” scores 12 out of 100. The score uses 1 sources. The price is not final yet.