Hong Kong stocks movement | Shipping stocks collectively declined as ceasefire negotiations continue to advance. Institutions indicate significant uncertainty in short-term freight rates.

Shipping stocks collectively declined. As of the time of writing, SITC (01308) fell by 3.84%, trading at 19.52 HKD; OOIL (00316) dropped by 3.47%, trading at 100.2 HKD; PACIFIC BASIN (02343) decreased by 3.01%, trading at 1.61 HKD.

Zhitong FinanceDec 19 11:25

Orient Overseas (00316.HK) launched a new route between China and Thailand, set to commence in January next year.

OOIL (00316.HK) has announced that to enhance the connection between china and Thailand, a new route CHL2 will be launched from china to the largest port city of Thailand, Laem Chabang. This is expected to further optimize OOIL's route network between East china, South china, and Thailand, providing customers with competitive transportation times and improving the reliability of the CHL series routes.

AASTOCKSDec 10 10:14

Shipping stocks rose, cosco ship engy (01138) increased by 3.52%. Institutions indicate that eco-friendly concept regulations are tightening, and bulk cargo market freight rates are expected to rise.

Jingwu finance news | Shipping stocks are rising, with cosco ship engy (01138) up 3.52%, sinotrans limited (00598) up 2.99%, pacific basin (02343) up 2.09%, cosco shipping development (02866) up 1.92%, and ooil (00316) up 1.2%. On the news side, boc international stated that eco-friendly regulations are impacting the bulk shipping market, and the new ship market remains highly prosperous. Eco-friendly regulations are driving the elimination of old capacity, and the global trade pattern is changing, as the bulk shipping market is undergoing transformation. With the International Maritime Organization (IMO) setting emission standards for ships.

Jingwu Financial NewsDec 6 13:41

The first 16,828 TEU cargo ship of Orient Overseas (00316.HK) has been named "Oriental Bauhinia."

OOIL (00316.HK) announced that its first 16,828 TEU container ship is officially named the "Eastern Bauhinia", which is the first of ten new 16,000 TEU container ships ordered by the group. It is also OOIL's first new Panamax-type container ship in nearly ten years, serving the Pan Pacific PCC1 route connecting Asia with the west coast of the usa. The port cities include Ningbo, Shanghai, Busan, Long Beach, Busan, Ningbo, and Shanghai, with a sailing cycle of 42 days. This series of ships is the first time OOIL has named a ship after a flower, with a length of nearly 367 meters and a width.

AASTOCKSDec 3 17:56

Hong Kong stock market midday review | Hang Seng Index fell by 1.32% in the morning, shipping sector trending lower

Ceasefire news officially announced, the expected impact of tariff policies affecting the shipping market sentiment.

Zhitong FinanceNov 28 12:00

Hong Kong stocks unusual movement | Shipping stocks fall again as ceasefire news officially lands. Tariff policy expectations affecting market sentiment.

Shipping stocks fell again, as of the time of publication, COSCO Ship Engy (01138) fell by 3.77% to HKD 6.13; Pacific Basin (02343) fell by 3.11% to HKD 1.87; ooil (00316) fell by 2.54% to HKD 99.8.

Zhitong FinanceNov 28 10:29