The Zhitong Finance App learned that most shipping stocks rose. As of press release, COSCO Marine (01138) rose 4.26% to HK$9.06; Pacific Shipping (02343) rose 2.91% to HK$2.72; Sinotrans (00598) rose 1.18% to HK$4.3; and Dongfang Overseas International (00316) rose 0.95% to HK$105.9.

According to the news, on April 25, the main futures contract of the Shipping Index (European line) opened more than 6% higher, breaking 2,800 points at one point, continuing to hit a new high since listing. MSC, Maersk, and Dafei have all drastically raised their May shipping schedule prices; in addition, the geographical crisis continues to ferment, and emotional support for freight futures contracts is strong.

Huatai Futures pointed out that the escalation of the geographical conflict is compounded by expectations of price increases, and the short-term volatility of shipping futures is expected to increase. On the geographical side, the Middle East is still facing great uncertainty. The emotional side has strong support for freight futures contracts, and liner companies may use geographical events to raise prices again.