Geopolitics Alpha

Source: River cruiser carrying nearly 150 passengers taking on water near Port of New Orleans, rescue efforts underway

Published . Updated .

Covered by 2 outlets: FOX 8 Local First, WTVA.

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.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

SHIPPINGSource: River cruiser carryingnearly 150 passengers taking onwater near Port of New Orleans,…GEOPOLITICS ALPHA

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 “port” (container shipping) in this story.

  • IYT iShares U.S. Transportation ETF

    iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “port” (container shipping) in this story.

  • MATX Matson-3.2% 13d

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

  • KEX Kirby-7.3% 30d

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

  • ZIM ZIM Integrated Shipping Services+4.7% 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.

  • DAC Danaos

    Danaos (deep sea foreign transportation of freight): 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
BWET+16.99%-9.44%base+6.52%after closeafter closeafter close
IYT-3.11%+0.31%base+0.16%after closeafter closeafter close
MATX-0.66%-2.89%base-1.89%after closeafter closeafter close
KEX-5.74%-3.31%base+0.74%after closeafter closeafter close
ZIM-4.43%-3.95%base-0.09%after closeafter closeafter close
DAC-2.29%-2.83%base-0.55%after closeafter closeafter 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.

Source: River cruiser carrying nearly 150 passengers taking on water near Port of New Orleans, rescue efforts underway FOX 8 Local First

Source: FOX 8 Local First

Shipping

CompanyWhenMoveStatus
BWETthat day+6.52%still updating
BWETthree days earlier-9.44%final price
BWETfive days earlier+16.99%final price
DACthat day-0.55%still updating
DACthree days earlier-2.83%final price
DACfive days earlier-2.29%final price
IYTthat day+0.16%still updating
IYTthree days earlier+0.31%final price
IYTfive days earlier-3.11%final price
KEXthat day+0.74%still updating
KEXthree days earlier-3.31%final price
KEXfive days earlier-5.74%final price
MATXthat day-1.89%still updating
MATXthree days earlier-2.89%final price
MATXfive days earlier-0.66%final price
ZIMthat day-0.09%still updating
ZIMthree days earlier-3.95%final price
ZIMfive days earlier-4.43%final price

How solid the shipping case looks

25 out of 100Price not final

“Source: River cruiser carrying nearly 150 passengers taking on water near Port of New Orleans, rescue efforts underway” scores 25 out of 100. The score uses 2 sources. The price is not final yet.