Success in shipping – being able to transact quickly
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 “shipping” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (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 “shipping” (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 “shipping” (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 “shipping” (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 “shipping” (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 | +7.18% | +11.56% | base | after close | after close | after close | after close |
| IYT | -2.21% | -1.20% | base | after close | after close | after close | after close |
| ZIM | +1.16% | -3.19% | base | after close | after close | after close | after close |
| MATX | +2.94% | +0.86% | base | after close | after close | after close | after close |
| KEX | +3.58% | +2.10% | base | after close | after close | after close | after close |
| DAC | +3.75% | +2.77% | base | after close | after close | after close | 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.
Success in shipping – being able to transact quickly Seatrade Maritime News
Source: Seatrade Maritime News
Shipping
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | +11.56% | final price |
| BWET | five days earlier | +7.18% | final price |
| DAC | three days earlier | +2.77% | final price |
| DAC | five days earlier | +3.75% | final price |
| IYT | three days earlier | -1.20% | final price |
| IYT | five days earlier | -2.21% | final price |
| KEX | three days earlier | +2.10% | final price |
| KEX | five days earlier | +3.58% | final price |
| MATX | three days earlier | +0.86% | final price |
| MATX | five days earlier | +2.94% | final price |
| ZIM | three days earlier | -3.19% | final price |
| ZIM | five days earlier | +1.16% | final price |
How solid the shipping case looks
12 out of 100
“Success in shipping – being able to transact quickly” scores 12 out of 100. The score uses 1 sources.