智通财经网·2025-11-17 02:43Core Viewpoint - Zhongyuan Shipping (01138) saw its stock price rise over 4% against the market trend, currently trading at 11.51 HKD with a transaction volume of 1.82 billion HKD, driven by record-high VLCC daily charter rates [1] Group 1: VLCC Market Dynamics - VLCC daily charter rates have reached a new high, exceeding 125,000 USD, with the VLCC TD3C-TCE index at 12.58 million USD/day, reflecting a day-on-day increase of 20% and a week-on-week increase of 23% [1] - The increase in VLCC rates is attributed to two main sustainable drivers: increased production and sanctions, leading to marginal benefits in both demand quantity and structure, while the growth of compliant supply capacity remains limited [1] Group 2: Financial Projections - CITIC Securities noted that OET, a US tanker company, locked in 80% of its VLCC charter rates for Q4 at an average of 88,000 USD per day [1] - Assuming an average VLCC charter rate of 100,000 USD per day for Q4, Zhongyuan Shipping's net profit is projected to be between 2 billion to 2.5 billion HKD, maintaining a "buy" rating for the stock [1]