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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.
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.
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.
Constant shocks! Tariffs and other geopolitical risks are repeatedly escalating, Hong Kong shipping stocks are responding weakly first.
①How much impact does the continuous impact of geopolitical risks such as tariffs have on the shipping sector? ②Hong Kong-listed shipping stocks first responded weaker, which individual stocks showed unusual movements?
Hong Kong stocks abnormal movement │Shipping stocks trend weakens, SCFIS growth slows down, combined with ceasefire news, European shipping routes continue to plummet.
The shipping stocks are showing weak performance. As of the time of writing, cosco shipping holdings (01919) fell by 3.99%, trading at 11.06 Hong Kong dollars; ooil (00316) declined by 2.3%, trading at 101.9 Hong Kong dollars; sitc (01308) decreased by 2.18%, trading at 20.2 Hong Kong dollars.
Hong Kong stocks show fluctuations | Marine transportation stocks decline further, and the situation of shipping companies announcing price increases needs to be observed. In late December, decreased marine transportation demand may lead to a drop in frei
As of the deadline, sitc (01308) fell by 5.91%, closing at 20.7 Hong Kong dollars; cosco shipping holdings (01919) fell by 3.01%, closing at 11.62 Hong Kong dollars; pacific basin (02343) fell by 2.43%, closing at 2.01 Hong Kong dollars.
