Tanker Hit by Two Explosive Devices in Strait of Hormuz, Crew Safe
Published . Updated .
This report is about tanker shipping. Names like FRO and DHT typically gain because 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.
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- FRO Frontline+2.8% 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+1.5% 9d
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.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -6.45% | -4.89% | base | after close | after close | after close | after close |
| DHT | -2.07% | -3.81% | base | after close | after close | after close | after close |
| INSW | -2.50% | -1.98% | base | after close | after close | after close | after close |
| TNK | -1.93% | -3.00% | 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.
Market Call
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Tanker Hit by Two Explosive Devices in Strait of Hormuz, Crew Safe Open Magazine
Source: Open Magazine
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| DHT | three days earlier | -3.81% | final price |
| DHT | five days earlier | -2.07% | final price |
| FRO | three days earlier | -4.89% | final price |
| FRO | five days earlier | -6.45% | final price |
| INSW | three days earlier | -1.98% | final price |
| INSW | five days earlier | -2.50% | final price |
| TNK | three days earlier | -3.00% | final price |
| TNK | five days earlier | -1.93% | final price |
Strait of Hormuz on the map for this story
Geopolitics Alpha has 118 stories about Strait of Hormuz from the past 7 days and 360 stories from the past 30. That is faster than its usual pace over the past month. “Tanker Hit by Two Explosive Devices in Strait of Hormuz, Crew Safe” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“Tanker Hit by Two Explosive Devices in Strait of Hormuz, Crew Safe” scores 12 out of 100. The score uses 1 sources.