The Black Sea Shipping Company Lost a Lawsuit Over Two Million
Published . Updated .
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The state-owned shipping company, the Black Sea Shipping Company, lost a lawsuit against the private firm Vtoris, from which it had sought to collect more than two million hryvnias in debt. The claim was dismissed in its entirety due to improperly drafted lease agreements and
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+1.8% 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-3.4% 12d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- KEX Kirby-7.4% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- GSL Global Ship Lease-4.9% 30d
Global Ship Lease (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 | +32.30% | +28.62% | base | -4.78% | -4.78% | -17.72% | -26.29% |
| IYT | -4.08% | -2.32% | base | -3.59% | -4.59% | -1.54% | -1.45% |
| ZIM | +2.49% | -0.61% | base | -3.72% | -1.81% | +0.60% | -1.47% |
| MATX | +7.82% | +5.10% | base | +1.39% | +0.85% | -0.08% | -1.74% |
| KEX | +13.99% | +9.83% | base | -6.73% | -5.50% | -3.18% | -3.07% |
| GSL | +5.45% | +0.29% | base | -3.76% | -2.64% | +2.32% | +5.39% |
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.
The Black Sea Shipping Company Lost a Lawsuit Over Two Million Інтент
Source: 블루밍비트
Black Sea
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -4.78% | final price |
| BWET | the next day | -4.78% | final price |
| BWET | two days later | -17.72% | final price |
| BWET | three days later | -26.29% | final price |
| BWET | three days earlier | +28.62% | final price |
| BWET | five days earlier | +32.30% | final price |
| GSL | that day | -3.76% | final price |
| GSL | the next day | -2.64% | final price |
| GSL | two days later | +2.32% | final price |
| GSL | three days later | +5.39% | final price |
| GSL | three days earlier | +0.29% | final price |
| GSL | five days earlier | +5.45% | final price |
| IYT | that day | -3.59% | final price |
| IYT | the next day | -4.59% | final price |
| IYT | two days later | -1.54% | final price |
| IYT | three days later | -1.45% | final price |
| IYT | three days earlier | -2.32% | final price |
| IYT | five days earlier | -4.08% | final price |
| KEX | that day | -6.73% | final price |
| KEX | the next day | -5.50% | final price |
| KEX | two days later | -3.18% | final price |
| KEX | three days later | -3.07% | final price |
| KEX | three days earlier | +9.83% | final price |
| KEX | five days earlier | +13.99% | final price |
| MATX | that day | +1.39% | final price |
| MATX | the next day | +0.85% | final price |
| MATX | two days later | -0.08% | final price |
| MATX | three days later | -1.74% | final price |
| MATX | three days earlier | +5.10% | final price |
| MATX | five days earlier | +7.82% | final price |
| ZIM | that day | -3.72% | final price |
| ZIM | the next day | -1.81% | final price |
| ZIM | two days later | +0.60% | final price |
| ZIM | three days later | -1.47% | final price |
| ZIM | three days earlier | -0.61% | final price |
| ZIM | five days earlier | +2.49% | final price |
How busy Black Sea has been lately
Geopolitics Alpha has 9 stories about Black Sea from the past 7 days and 59 stories from the past 30. That is about its usual pace over the past month. “The Black Sea Shipping Company Lost a Lawsuit Over Two Million” is tagged to Black Sea.
How solid the shipping case looks
12 out of 100
“The Black Sea Shipping Company Lost a Lawsuit Over Two Million” scores 12 out of 100. The score uses 1 sources.