Tanker Hit by Limpet Mines in Strait of Hormuz as New Threat to Shipping Emerges
Published . Updated .
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A tanker transiting the Strait of Hormuz was attacked by a small boat that attached two explosive devices to its hull, triggering an engine room fire and temporarily disabling the...
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.
- 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 “shipping” (container shipping) in this story.
- MATX Matson-3.5% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- KEX Kirby-12.6% 30d
Kirby (water transportation): 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 | -4.39% | -4.27% | base | +0.00% | -2.78% | -10.37% | -24.41% |
| FRO | -6.45% | -4.89% | base | +0.49% | -7.77% | -7.28% | -15.01% |
| DHT | -2.07% | -3.81% | base | -0.54% | -4.38% | -4.58% | -12.14% |
| INSW | -2.50% | -1.98% | base | -1.80% | -7.05% | -7.76% | -12.37% |
| TNK | -1.93% | -3.00% | base | -1.02% | -5.59% | -5.79% | -12.48% |
| ZIM | +0.38% | +1.68% | base | -3.22% | -3.03% | +0.31% | -2.43% |
| MATX | +0.75% | +2.33% | base | -1.43% | -2.53% | -2.27% | -7.26% |
| KEX | -8.80% | -5.86% | base | -1.31% | -3.65% | -3.34% | -12.28% |
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 Hit by Limpet Mines in Strait of Hormuz as New Threat to Shipping Emerges gCaptain
Source: gCaptain
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | 0.00% | final price |
| BWET | the next day | -2.78% | final price |
| BWET | two days later | -10.37% | final price |
| BWET | three days later | -24.41% | final price |
| BWET | three days earlier | -4.27% | final price |
| BWET | five days earlier | -4.39% | final price |
| DHT | that day | -0.54% | final price |
| DHT | the next day | -4.38% | final price |
| DHT | two days later | -4.58% | final price |
| DHT | three days later | -12.14% | final price |
| DHT | three days earlier | -3.81% | final price |
| DHT | five days earlier | -2.07% | final price |
| FRO | that day | +0.49% | final price |
| FRO | the next day | -7.77% | final price |
| FRO | two days later | -7.28% | final price |
| FRO | three days later | -15.01% | final price |
| FRO | three days earlier | -4.89% | final price |
| FRO | five days earlier | -6.45% | final price |
| INSW | that day | -1.80% | final price |
| INSW | the next day | -7.05% | final price |
| INSW | two days later | -7.76% | final price |
| INSW | three days later | -12.37% | final price |
| INSW | three days earlier | -1.98% | final price |
| INSW | five days earlier | -2.50% | final price |
| KEX | that day | -1.31% | final price |
| KEX | the next day | -3.65% | final price |
| KEX | two days later | -3.34% | final price |
| KEX | three days later | -12.28% | final price |
| KEX | three days earlier | -5.86% | final price |
| KEX | five days earlier | -8.80% | final price |
| MATX | that day | -1.43% | final price |
| MATX | the next day | -2.53% | final price |
| MATX | two days later | -2.27% | final price |
| MATX | three days later | -7.26% | final price |
| MATX | three days earlier | +2.33% | final price |
| MATX | five days earlier | +0.75% | final price |
| TNK | that day | -1.02% | final price |
| TNK | the next day | -5.59% | final price |
| TNK | two days later | -5.79% | final price |
| TNK | three days later | -12.48% | final price |
| TNK | three days earlier | -3.00% | final price |
| TNK | five days earlier | -1.93% | final price |
| ZIM | that day | -3.22% | final price |
| ZIM | the next day | -3.03% | final price |
| ZIM | two days later | +0.31% | final price |
| ZIM | three days later | -2.43% | final price |
| ZIM | three days earlier | +1.68% | final price |
| ZIM | five days earlier | +0.38% | final price |
How busy Strait of Hormuz has been lately
Geopolitics Alpha has 144 stories about Strait of Hormuz from the past 7 days and 591 stories from the past 30. That is about its usual pace over the past month. “Tanker Hit by Limpet Mines in Strait of Hormuz as New Threat to Shipping Emerges” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“Tanker Hit by Limpet Mines in Strait of Hormuz as New Threat to Shipping Emerges” scores 12 out of 100. The score uses 1 sources.