Changes in Hong Kong stocks | COSCO Marine (01138) rose more than 5% in the afternoon, the US intercepted a third tanker near Venezuela

The Zhitong Finance App learned that COSCO Marine (01138) rose more than 5% in the afternoon. As of press release, it had risen 4.46% to HK$10.08, with a turnover of HK$136 million.

According to several media reports on the 21st, the US Coast Guard is chasing the “Bella 1” tanker in international waters near Venezuela. This is the third tanker the US side has recently intercepted in the waters off the Commission.

J.P. Morgan Chase released a research report saying that although the market is concerned that existing shipping disruptors may gradually subside, it is still expected that the profits of crude oil tankers will remain resilient next year. More than 20% of the world's tankers are over 20 years old, and are increasingly concentrated in “shadow fleets”, limiting their ability to participate in compliant trade. Meanwhile, geopolitical frictions have further boosted transportation demand. As sanctions against Russian, Iranian and Venezuelan ships expand, about 18% to 20% of the global fleet is participating in related non-compliant shipments.