Panama Canal expands shipping capacity
Published . Updated .
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This report is about container shipping.
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 “panama canal” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “panama canal” (container shipping) in this story.
- MATX Matson-5.4% 7d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “panama canal” (container shipping) 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 “panama canal” (container shipping) in this story.
- KEX Kirby+2.8% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “panama canal” (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 “panama canal” (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 | -4.39% | -3.93% | base | -2.78% | -10.37% | -24.41% | after close |
| IYT | -1.16% | -1.02% | base | +1.76% | +1.22% | +4.18% | after close |
| MATX | +2.55% | +2.06% | base | -1.12% | -0.85% | -5.91% | after close |
| ZIM | +4.03% | +4.49% | base | -0.14% | +3.29% | +0.48% | after close |
| KEX | -6.43% | +1.44% | base | -2.38% | -2.06% | -11.12% | after close |
| DAC | +0.47% | +0.95% | base | -1.95% | -2.69% | -2.87% | 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.
Panama Canal expands shipping capacity The Portugal News
Source: The Portugal News
Panama Canal
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -2.78% | final price |
| BWET | the next day | -10.37% | final price |
| BWET | two days later | -24.41% | final price |
| BWET | three days earlier | -3.93% | final price |
| BWET | five days earlier | -4.39% | final price |
| DAC | that day | -1.95% | final price |
| DAC | the next day | -2.69% | final price |
| DAC | two days later | -2.87% | final price |
| DAC | three days earlier | +0.95% | final price |
| DAC | five days earlier | +0.47% | final price |
| IYT | that day | +1.76% | final price |
| IYT | the next day | +1.22% | final price |
| IYT | two days later | +4.18% | final price |
| IYT | three days earlier | -1.02% | final price |
| IYT | five days earlier | -1.16% | final price |
| KEX | that day | -2.38% | final price |
| KEX | the next day | -2.06% | final price |
| KEX | two days later | -11.12% | final price |
| KEX | three days earlier | +1.44% | final price |
| KEX | five days earlier | -6.43% | final price |
| MATX | that day | -1.12% | final price |
| MATX | the next day | -0.85% | final price |
| MATX | two days later | -5.91% | final price |
| MATX | three days earlier | +2.06% | final price |
| MATX | five days earlier | +2.55% | final price |
| ZIM | that day | -0.14% | final price |
| ZIM | the next day | +3.29% | final price |
| ZIM | two days later | +0.48% | final price |
| ZIM | three days earlier | +4.49% | final price |
| ZIM | five days earlier | +4.03% | final price |
Panama Canal, seven days against thirty
Geopolitics Alpha has 1 story about Panama Canal from the past 7 days and 1 story from the past 30. “Panama Canal expands shipping capacity” is tagged to Panama Canal.
How solid the shipping case looks
12 out of 100
“Panama Canal expands shipping capacity” scores 12 out of 100. The score uses 1 sources.