Geopolitics Alpha

Tanker collides with river cruiser on Mississippi River

Published . Updated .

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Tanker collides with river cruiser on Mississippi River

After a tanker rammed into a docked cruise ship near the Port of New Orleans, emergency responders rushed to the scene, according to Port of New Orleans officials. The cause of the collision is still under investigation.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF

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

  • XLY Consumer Discretionary Select Sector SPDR

    Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “cruise” (travel) in this story.

  • FRO Frontline

    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

    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

    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

    Matson (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
BWET-5.09%-10.82%baseafter closeafter closeafter closeafter close
XLYPrices arriving within minutes———after closeafter closeafter closeafter close
FRO-5.72%-2.93%baseafter closeafter closeafter closeafter close
DHT-7.51%-3.06%baseafter closeafter closeafter closeafter close
INSW-8.19%-3.57%baseafter closeafter closeafter closeafter close
TNK-4.67%-0.26%baseafter closeafter closeafter closeafter close
ZIMPrices arriving within minutes———after closeafter closeafter closeafter close
MATXPrices arriving within minutes———after closeafter 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.

Tanker collides with river cruiser on Mississippi River CNN

Source: CNN

Energy

CompanyWhenMoveStatus
BWETthree days earlier-10.82%final price
BWETfive days earlier-5.09%final price
DHTthree days earlier-3.06%final price
DHTfive days earlier-7.51%final price
FROthree days earlier-2.93%final price
FROfive days earlier-5.72%final price
INSWthree days earlier-3.57%final price
INSWfive days earlier-8.19%final price
TNKthree days earlier-0.26%final price
TNKfive days earlier-4.67%final price

How solid “Tanker collides with river cruiser on Mississippi River” looks

12 out of 100

“Tanker collides with river cruiser on Mississippi River” scores 12 out of 100. The score uses 1 sources.