Shipping stocks continued their recent gains. As of press release, Pacific Shipping (02343) rose 3.83% to HK$2.71; Orient Overseas International (00316) rose 3.82% to HK$106; COSCO Marine Control (01919) rose 3.15% to HK$9.18; and Haifeng International (01308) rose 2.04% to HK$16.02.
The Zhitong Finance App learned that shipping stocks continued their recent gains. As of press release, Pacific Shipping (02343) rose 3.83% to HK$2.71; Orient Overseas International (00316) rose 3.82% to HK$106; COSCO Marine Control (01919) rose 3.15% to HK$9.18; and Haifeng International (01308) rose 2.04% to HK$16.02.
According to the news, the second round of promotion plans of shipping companies in the spot market continues to advance. Maersk once again raised the freight rate from the Far East to Europe in the 18th week, and the large container raised 700 US dollars to 4,500 US dollars/FEU; shipping companies such as Dafei, MSC, and HPL also announced increases one after another. MSC quotes 2,523 US dollars/TEU and 4146 US dollars/FEU. Guangfa Futures pointed out that the upstream spot price increase has some support for the market. The corresponding freight rate index after the increase is around 2500-2,600 points, but the actual implementation effect of subsequent price increases remains to be seen.
Xinhu Futures pointed out that the actual capacity of the easy shipping schedule to be announced shows that the actual capacity of the route from Shanghai to Northern Europe in May fell sharply compared to the planned capacity. The actual capacity for Week 19 only accounted for 70% of the planned capacity, and nearly 30% of the capacity was not effectively allocated. In the context of long-term detours, the requirements for the capacity allocation capacity of each ship operator are higher. Failure to plan at any stage will result in insufficient actual capacity, thereby driving up freight rates and leading to uniform price increases for all shipping operators.