Zhitong Financial APP learned that maritime stocks generally fell. As of press time, Orient Overseas (00316) fell 4.4% to HK $204.2, COSCO Shipping Holdings (01919) fell 4.08% to HK $11.76, Pacific Shipping (02343) fell 2.95% to HK $3.65, and Sinotrans (00598) fell 2.15% to HK $2.28.

BoCom International said it expected shipments to continue to be weak in the first half of the year. Spot rates moved moderately in April, with the Shanghai container freight index down 12.5% from the first quarter, but still higher than 49.9% in the same period last year. Global port congestion eased slightly in May, but it is still serious, and once demand picks up, market freight rates will be further supported. In addition, operating costs are likely to continue to rise against the backdrop of rising fuel prices, port congestion and logistics bottlenecks.