UKMTO reports tanker incident in Strait of Hormuz
Published . Updated .
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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-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-12.3% 17d
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 |
|---|---|---|---|---|---|---|---|
| BWET | +35.67% | +29.19% | base | after close | after close | after close | after close |
| FRO | +10.52% | +3.52% | base | after close | after close | after close | after close |
| DHT | +6.01% | -0.62% | base | after close | after close | after close | after close |
| INSW | +1.26% | -0.13% | base | after close | after close | after close | after close |
| TNK | +3.72% | +0.36% | 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.
UKMTO reports tanker incident in Strait of Hormuz Arab News
Source: Arab News
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | +29.19% | final price |
| BWET | five days earlier | +35.67% | final price |
| DHT | three days earlier | -0.62% | final price |
| DHT | five days earlier | +6.01% | final price |
| FRO | three days earlier | +3.52% | final price |
| FRO | five days earlier | +10.52% | final price |
| INSW | three days earlier | -0.13% | final price |
| INSW | five days earlier | +1.26% | final price |
| TNK | three days earlier | +0.36% | final price |
| TNK | five days earlier | +3.72% | final price |
Where “UKMTO reports tanker incident in Strait of Hormuz” sits: Strait of Hormuz
Geopolitics Alpha has 183 stories about Strait of Hormuz from the past 7 days and 670 stories from the past 30. That is about its usual pace over the past month. “UKMTO reports tanker incident in Strait of Hormuz” is tagged to Strait of Hormuz.
How solid “UKMTO reports tanker incident in Strait of Hormuz” looks
25 out of 100
“UKMTO reports tanker incident in Strait of Hormuz” scores 25 out of 100. The score uses 2 sources.