Dongfang Overseas International (00316) rose more than 4%. As of press release, it rose 4.68% to HK$100.6, with a turnover of HK$69.3876 million.
The Zhitong Finance App learned that Dongfang Overseas International (00316) rose by more than 4%. As of press release, it had risen 4.68% to HK$100.6, with a turnover of HK$69.3876 million.
According to the news, a few days ago, leading shipping companies, including Maersk, Dafei, and Hapag-Lloyd, issued price increase notices one after another, announcing increases in freight rates for a number of Asian export routes. The increase was as high as $2,000, an increase of nearly 70% compared to current freight rates. In addition, Dongfang Overseas also raised the FAK price for the mid-April launch schedule.
Guangzhou Futures pointed out that recently, many shipping companies have increased their April shipping schedule prices one after another, and the increase has been significant. However, the data shows that European industry is still in the process of bottoming out. Furthermore, routes between Asia and Europe have basically adapted to the impact of geopolitical tension, and the balance between supply and demand has recently become a major factor affecting freight rate trends.