Suez Canal Authority tows disabled tanker to Port Said
Published . Updated .
Key takeaways
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The oil tanker Alyssum has been towed to safety after the sudden failure of its main engines off the coast of El Alamein, Egypt,
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 tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”).
- FRO Frontline+1.0% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- INSW International Seaways-10.8% 16d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- TNK Teekay Tankers
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- ZIM ZIM Integrated Shipping Services-2.4% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “suez” (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 | +35.08% | +5.02% | base | after close | after close | after close | after close |
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| AFK | -4.17% | -1.13% | base | after close | after close | after close | after close |
| FRO | +14.63% | +6.76% | base | after close | after close | after close | after close |
| DHT | +15.43% | +6.67% | base | after close | after close | after close | after close |
| INSW | +7.59% | +1.40% | base | after close | after close | after close | after close |
| TNK | +11.16% | +3.34% | base | after close | after close | after close | after close |
| ZIM | +1.38% | +2.00% | 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.
Suez Canal Authority tows disabled tanker to Port Said Shipping Telegraph
Source: Shipping Telegraph
5 earlier Suez Canal stories for Amplify Commodity Trust (BWET)
In the last 5 similar stories, Amplify Commodity Trust (BWET) moved an average of -9.98% the next day. The best was +0.12% and the worst was -19.70%, from 3 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Amplify Commodity Trust (BWET) | the next day | -9.98% | +0.12% | -19.70% | 3 |
| Amplify Commodity Trust (BWET) | three days later | -11.72% | +4.59% | -28.03% | 2 |
| Ishares Tr (IYT) | the next day | +1.85% | +2.47% | +1.22% | 2 |
| Ishares Tr (IYT) | three days later | +1.09% | +1.75% | +0.44% | 2 |
| Frontline (FRO) | the next day | -4.11% | -4.11% | -4.11% | 2 |
| Frontline (FRO) | three days later | -2.33% | -2.33% | -2.33% | 2 |
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- ZIM Integrated Shipping Services (ZIM) Returns To Suez Route As Valuation Debate Heats Up
- Qatari LNG Cargo Heads Through Red Sea to Europe in Rare Suez Run
- The Week in Charts: North Korean ghost voyages expose gaps in sanctions monitoring | Chinese operators lead surge in Red Sea and Suez vehicle carrier transits
Price since this story was published: Amplify Commodity Trust (BWET)
| Company | When | Move | Status |
|---|---|---|---|
| AFK | three days earlier | -1.13% | final price |
| AFK | five days earlier | -4.17% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| DHT Holdings (DHT) | three days earlier | +6.67% | final price |
| DHT Holdings (DHT) | five days earlier | +15.43% | final price |
| Frontline (FRO) | three days earlier | +6.76% | final price |
| Frontline (FRO) | five days earlier | +14.63% | final price |
| International Seaways (INSW) | three days earlier | +1.40% | final price |
| International Seaways (INSW) | five days earlier | +7.59% | final price |
| Teekay Tankers (TNK) | three days earlier | +3.34% | final price |
| Teekay Tankers (TNK) | five days earlier | +11.16% | final price |
| USO | three days earlier | -2.06% | final price |
| USO | five days earlier | +5.62% | final price |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | +2.00% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | +1.38% | final price |
Suez Canal, seven days against thirty
Geopolitics Alpha has 5 stories about Suez Canal from the past 7 days and 9 stories from the past 30. That is faster than its usual pace over the past month. “Suez Canal Authority tows disabled tanker to Port Said” is tagged to Suez Canal.
Who gains and who pays if Suez Canal stays in the story
Likely winners
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 9 Nov 2026 story “Suez Canal Authority tows disabled tanker to Port Said.” Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- DHT DHT Holdings
In “Suez Canal Authority tows disabled tanker to Port Said,” DHT Holdings (DHT) tends to benefit, medium confidence. Reason on file: DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- INSW International Seaways
International Seaways (INSW) tends to benefit, medium confidence in the 9 Nov 2026 story “Suez Canal Authority tows disabled tanker to Port Said.” Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- TNK Teekay Tankers
For “Suez Canal Authority tows disabled tanker to Port Said,” Teekay Tankers (TNK) tends to benefit, medium confidence. Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
No up or down call on file
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Suez Canal Authority tows disabled tanker to Port Said.” Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “suez” (container shipping) in this story
- IYT Ishares Tr
Ishares Tr (IYT) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Suez Canal Authority tows disabled tanker to Port Said.” Reason on file: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “suez” (container shipping) in this story
- ZIM ZIM Integrated Shipping Services
ZIM Integrated Shipping Services (ZIM) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Suez Canal Authority tows disabled tanker to Port Said.” Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “suez” (container shipping) in this story
- MATX Matson
For “Suez Canal Authority tows disabled tanker to Port Said,” Matson (MATX) is linked, with no stored direction, medium confidence. Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “suez” (container shipping) in this story
What Suez Canal means for Amplify Commodity Trust (BWET)
The 9 Nov 2026 story “Suez Canal Authority tows disabled tanker to Port Said” names Amplify Commodity Trust (BWET) because of Suez Canal.
For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “suez” (container shipping) in this story
Ishares Tr (IYT) is here too. Its reason reads: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “suez” (container shipping) in this story
Price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. FRO traded between 47.51 and 59.74 across 20 sessions. The latest close on file is 48.49.
How solid the energy case looks
46 out of 100
“Suez Canal Authority tows disabled tanker to Port Said” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.