Core Insights - The 2025 North Bund International Shipping Forum will be held from October 19 to 21 in Shanghai, focusing on "Collaborative Promotion of Global Shipping Sustainable Development" [1] - The forum will feature over 50 new industry achievements, the highest in its history, covering areas such as green shipping, network layout, technical standards, service innovation, and international cooperation [2] - Shanghai's international shipping center has entered a new phase of "comprehensive construction," maintaining its position among the top three globally [1][3] Forum Details - The forum will include a main opening ceremony and international green shipping forum, as well as sub-forums on maritime safety, digital and intelligent shipping, and financial and insurance topics [1] - It is expected to attract around 4,000 participants from over 50 countries and regions, with a significant international presence among speakers [2] Industry Achievements - Shanghai's container throughput has ranked first globally for 15 consecutive years, with a projected throughput of 51.506 million standard containers in 2024 [3] - The city has also seen significant advancements in air cargo, with its airport's cargo throughput ranking second in the world [3] Shipping Service Enhancements - Shanghai has established a multi-level, full-chain temporary arbitration system for maritime arbitration, marking a significant development in the field [4] - The launch of the first international shipping index futures in China has positioned Shanghai as a leader in the global shipping derivatives market [4] Green Shipping Initiatives - Shanghai has enhanced its LNG and methanol bunkering capabilities, becoming one of the few ports globally to offer both services [5] - The port has seen a 72% year-on-year increase in LNG bunkering volume, with methanol bunkering entering a normalized operational phase [5]

Core Viewpoint - The Chinese shipping industry has demonstrated strong resilience and vitality over the past year, achieving new results in high-quality development amidst complex environments [3]. Shipping Economic Performance - The maritime connectivity of China has maintained the world's highest ranking for 19 consecutive years, with the international shipping volume expected to account for 31.3% of global shipping volume in 2024. The port cargo throughput and container throughput have ranked first globally for several years [4]. - In the first eight months of this year, the national waterway freight volume reached 6.56 billion tons, a year-on-year increase of 3.8%. The total cargo throughput at ports was 12.03 billion tons, up 4.4%, and container throughput was approximately 23 million TEUs, increasing by 6.3% [4]. Shipping Infrastructure Development - Major waterway infrastructure projects are advancing, with the construction progress of the Xiaoyangshan North Container Terminal exceeding 50% and the Pinglu Canal over 80% [5]. - In the first eight months, national waterway construction investment reached 143.27 billion yuan, a year-on-year increase of 3.6%, providing strong support for domestic demand expansion and stable growth [5]. Smart Port Construction - China has built 60 automated terminals, leading global smart port construction. The national electronic navigation chart has surpassed 10,000 kilometers in published mileage [7]. - The use of shore power for vessels has become normalized, with annual usage expected to exceed 200 million kilowatt-hours [7]. Regulatory and Policy Framework - The revision of the "International Shipping Regulations" provides a solid legal guarantee for national maritime safety and development. A comprehensive policy system for high-quality inland waterway shipping development has been established [8]. International Cooperation - China has signed maritime agreements with Kuwait and has reached 70 countries and regions for bilateral and multilateral maritime agreements. The Shanghai International Shipping Center ranks among the top three globally [9]. Shanghai International Shipping Center Development - The Shanghai International Shipping Center has transitioned from "basically completed" to "fully completed" during the 14th Five-Year Plan, maintaining a top-three global ranking [10]. Port and Airport Development - Shanghai Port's container throughput is expected to reach 51.506 million TEUs in 2024, maintaining its position as the world's largest port for 15 consecutive years [12]. - In the first nine months, Shanghai's airport handled 1 billion passengers and 3.2869 million tons of cargo, with respective year-on-year growth of 8.04% and 6.72% [12]. Cruise Port Development - The first domestically produced large cruise ship, "Aida·Magic City," will commence commercial operations in January 2024. In the first nine months, Shanghai's cruise port received 225 international cruise calls, with passenger throughput increasing by nearly 45% [13]. Shipping Service Enhancement - Shanghai has established a multi-level, full-chain temporary arbitration system for maritime disputes, filling a domestic gap. The first foreign-related maritime temporary arbitration case was adjudicated in Shanghai in August 2024 [14]. Green and Smart Shipping Transition - Shanghai Port's LNG refueling capacity is increasing, and it has become one of the few ports globally capable of both LNG and methanol refueling. The Shanghai International Shipping Carbon Footprint Labeling Association has been established [15]. - The Yangshan Deepwater Port's fully automated terminal is now operational, and a digital trade platform has been launched [15][16]. 2025 North Bund International Shipping Forum - The forum, co-hosted by the Ministry of Transport and the Shanghai Municipal Government, will take place from October 19 to 21, 2025, focusing on global shipping sustainable development [17][19]. - The forum will include various sub-forums and activities, with an expected attendance of 4,000 participants from over 50 countries and regions [19].

同时，通过绿色甲醇产业链的协同发展，该合作将为港口及航运企业提供可持续燃料解决方案，逐步降 低行业对传统化石能源的依赖，推动港航业向低碳发展深度转型，助力交通运输领域形成绿色低碳的产 业生态。 根据协议，三方将依托威立雅在本地脱碳能源解决方案领域的专业知识及其全球脱碳经验、上港集团在 港口能源基础设施方面的领先优势，以及VENEX在绿色甲醇生产与运营领域的专业知识，共同打造全 面的绿色甲醇供应与分销网络，构建从生产到船用加注的端到端绿色燃料供应生态系统。 日前，威立雅中国与上港集团能源(上海)有限公司、VENEX有限公司正式签署《绿色燃料供应战略合 作协议》，携手打造全方位的绿色甲醇供应与分销网络，共同构建从生产到加注的全流程绿色燃料供应 生态体系。威立雅中国首席执行官顾丽华，上港集团能源(上海)有限公司董事长、总经理罗文斌， VENEX行政总裁岑文辉签署了合作协议。 ...

Core Insights - Hong Kong and Fuan Energy Group have established a joint venture, VENEX Company Limited, to develop a comprehensive green methanol supply and distribution network in response to national carbon neutrality goals and the green transformation of the port and shipping industry [1][6] Group 1: Partnership and Collaboration - VENEX has signed a strategic cooperation agreement with Veolia China and Shanghai Port Group Energy to leverage their expertise in green methanol production, local decarbonization solutions, and port energy infrastructure [6][7] - The collaboration aims to create an end-to-end green fuel supply ecosystem, providing sustainable fuel solutions for the port and shipping sectors, thereby reducing reliance on traditional fossil fuels [6][7] Group 2: Industry Impact and Goals - The partnership is expected to facilitate the transition of the port and shipping industry towards low-carbon development, contributing to the establishment of a green low-carbon industrial ecosystem in the transportation sector [6][7] - The initiative aligns with the broader goal of achieving carbon neutrality in the port and shipping industry, with a focus on integrating global environmental resources and local port infrastructure advantages [7]

"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银年会： 2025势银氢燃年会（1月6-8日，宁波） 点此报名 图片来源：上港能源 上港能源是上港集团的全资子公司，作为上海港绿色能源中心的投资和运营主体，肩负着推动港航业交能融合发展、提升航运服务能级的重要使命，致 力于推进港口新能源开发、航运绿色转型、打造绿色港口和绿色航运走廊。早在 2023年9月， 上港能源与中远海运、国家电投等签署《绿色甲醇产业链 建设合作项目备忘录》 ，率先布局全产业链合作，为其绿色甲醇加注能力奠定基础。 2024年4月10日，公司旗下"海港致远"轮在洋山港完成首单保税绿 色甲醇加注。同年7月，上港能源与国家能源集团氢能科技有限责任公司、上海环境能源交易所股份有限公司、上海临港绿创经济发展有限公司等共同 签署上海氢基绿色能源交易平台合作备忘录，构建集绿氢、绿色甲醇、绿氨等绿色氢基产品及绿氢证书交易、数据服务于一体的氢能全产业链交易服务 平台。 由此可见，上港能源始终走在推动绿色燃料发展的前沿。今年以来，公司更是持续发力，不断拓展合作与业务布局 —— 添加文末微信，加 绿色燃料 群 绿色甲醇应用在港 ...

Investment Rating - The report maintains a "Positive" investment rating for the shipping and port sector [2][8] Core Insights - The total import and export volume in China from January to August 2025 reached 29.57 trillion yuan, a year-on-year increase of 3.5%, with imports at 11.96 trillion yuan (down 1.2%) and exports at 17.61 trillion yuan (up 6.9%) [16][19] - Coastal major ports handled a total cargo throughput of 7.688 billion tons from January to August 2025, reflecting a year-on-year growth of 3.1% [3][34] - Container throughput at coastal major ports reached 20.646 million TEUs, marking a year-on-year increase of 6.5% [4][43] - The Baltic Dirty Tanker Index (BDTI) was reported at 1078 points on October 8, 2025, showing a year-on-year increase of 5.27% [5][45] - The Baltic Dry Index (BDI) stood at 1963 points on October 8, 2025, indicating a year-on-year growth of 9.12% [7][60] Summary by Sections 1. Overview: National Import and Export Volume and Cargo Throughput - The national import and export volume for January to August 2025 was 29.57 trillion yuan, with imports at 11.96 trillion yuan (down 1.2%) and exports at 17.61 trillion yuan (up 6.9%) [16][19] 2. Container: Shipping Rates and Container Throughput - The China Container Freight Index (CCFI) was at 1087.41 points on September 26, 2025, down 37.58% year-on-year [4][37] - Container throughput at coastal major ports was 20.646 million TEUs from January to August 2025, up 6.5% year-on-year [4][43] 3. Liquid Bulk: Oil Shipping Rates and Crude Oil Throughput - The BDTI was at 1078 points on October 8, 2025, reflecting a year-on-year increase of 5.27% [5][45] - Crude oil imports from January to August 2025 totaled 376 million tons, a year-on-year increase of 2.5% [6][54] 4. Dry Bulk: Shipping Rates and Iron Ore, Coal Throughput - The BDI was reported at 1963 points on October 8, 2025, indicating a year-on-year growth of 9.12% [7][60] - Iron ore throughput from January to August 2025 reached 921 million tons, up 2.57% year-on-year [7][66] 5. Key Port Listed Companies Monthly Throughput - Major port companies reported various throughput figures, with Shanghai Port handling 0.55 billion tons in August 2025, a 10.25% increase year-on-year [78]

证券之星消息，10月9日航运港口板块较上一交易日上涨0.09%，中远海发领涨。当日上证指数报收于 3933.97，上涨1.32%。深证成指报收于13725.56，上涨1.47%。航运港口板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 601866 | 中远海发 | 2.61 | 2.76% | 124.92万 | | 3.23亿 | | 601326 | 奏港股份 | 3.45 | 1.77% | 26.27万 | | 9018.52万 | | 601880 | 辽港股份 | 1.77 | 1.72% | 145.56万 | | 2.58亿 | | 601298 | 黄明恤 | 8.51 | 1.55% | 1 20.65万 | | 1.74亿 | | 000582 | 北部潛港 | 8.55 | 1.54% | 17.79万 | | 1.51亿 | | 600018 | 上港集团 | 5.53 | 1.47% | 53.49万 | | 2.94亿 | | ...

证券代码：600018 证券简称：上港集团 编号：临 2025-044 上海国际港务（集团）股份有限公司 关于控股子公司对外出借资金的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、资金出借概述 1 二、资金出借进展情况 借款人（丙方）：浙江省海港投资运营集团有限公司 （二）出借资金用途：流动资金周转。 公司下属控股子公司盛东公司与借款人浙海港集团签署了《委托贷款借款合 同》，盛东公司于 2025 年 10 月 9 日向浙海港集团出借资金人民币 3.22 亿元。 本次合同主要内容如下： （三）出借资金金额：3.22 亿元人民币。 （四）出借资金利率：2%。 上海国际港务（集团）股份有限公司（以下简称："上港集团"或"公司"） 于 2025 年 1 月 16 日召开了第三届董事会第五十三次会议，审议通过了《关于 2025 年对外出借资金的议案》，董事会同意上港集团及下属控股子公司在 2025 年向借款方民生轮船股份有限公司、马士基供应链管理有限公司、上海中远海运 港口投资有限公司、盐田国际集装箱码头有限公司、厦门远 ...

Core Points - The Shanghai Port Group's board approved a loan of up to 1.792 billion yuan to multiple companies this year, excluding related parties [1] - Shengdong Company has signed a loan agreement with Zhejiang Haigang Group for a loan of up to 322 million yuan, with a term until October 9, 2026, and an interest rate of 2% [1] - After this loan, the total amount of external loans by the company is 290 million yuan, accounting for 0.22% of the latest audited net assets [1] - The total balance of loans by the company and its subsidiaries is 2.654 billion yuan, representing 1.99% of the total net assets, with no overdue amounts [1]

Core Insights - The establishment of a 100,000-ton green methanol production capacity in Shanghai is significant for promoting the green transformation of the Shanghai International Shipping Center [1][5] Group 1: Project Overview - The project is located in the Songlin building of the modern agricultural park in Langxia Town, Jinshan District, which is the largest scale pig farming facility in Shanghai, with an annual stock of over 45,000 pigs [1] - The biogas purification project, which converts pig manure into biogas, is the first of its kind in Shanghai and will provide raw materials for the green methanol project [3][5] - The green methanol project is a collaboration among four state-owned enterprises: Sheneng Group, Chengtou Group, Huayi Group, and Shanghai Port Group [5] Group 2: Economic and Environmental Impact - The project is expected to be operational by the end of 2023, with the first green methanol fueling at Shanghai Port anticipated in early 2026 [5] - The project has received ISCC EU and PLUS certifications, indicating that its average carbon emission intensity is reduced by over 80% compared to fossil fuel-derived methanol [5] - The green methanol market is currently characterized by a significant supply-demand imbalance, with green methanol prices ranging from $900 to $1,000 per ton, approximately three times the price of gray methanol [7] Group 3: Market Context - Global green methanol production is still in its infancy, with an estimated capacity of only 700,000 tons by 2024, leading to a mismatch in supply and demand [9] - China holds a 55% share of global project reserves for green methanol, with many projects expected to be operational between 2026 and 2028 [9]