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Why did the European shipping route rise strongly?
Recently, the European futures prices have shown strong upward momentum. Market analysis suggests that the price support and implementation status of major airlines need to be closely monitored. Please see the details below.
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Chu Kong Shipping Enterprises to Acquire 51% Stake in Kaiping City Industrial Investment Freight
chu kong ship (00560) subsidiary intends to subscribe for 0.115 billion yuan to acquire 51% equity of Kaiping City Gongtou Port
Chu Kong Shipping (00560) announced that after successfully winning the bid in the public tender offer, on October 15, 2024, ...
European freight rates soar and plummet! A comprehensive analysis of the logic behind the fluctuations and two key points of focus.
This week, the freight index (Europe route) experienced large fluctuations, with the European freight index 2412 contract dropping by 25.21% on October 8, approaching the limit down; rising by 13.76% on October 10; hitting the limit up on October 11, with an increase of 13.84%, closing at 2494.3 points.
Special Report: Marine transportation stocks as a whole are rebounding, with cosco shipping holdings announcing excellent performance, while Maersk and Hapag-Lloyd confirm they will continue to bypass the Cape of Good Hope.
Marine transportation stocks are collectively rebounding. As of the time of publication, cosco shipping holdings rose by 6.88% to HKD 12.12; sitc rose by 5.62% to HKD 20.3; ooil rose by 3.92% to HKD 106; cosco shipping development rose by 2.53% to HKD 8.93.