智通财经网·2025-12-01 05:43Core Viewpoint - The stock of China Ocean Shipping Energy (01138) has seen a significant increase, rising nearly 7% in the afternoon session, with a current price of HKD 10.94 and a trading volume of HKD 186 million. [1] Group 1: Market Dynamics - Recent reports from Cathay Securities indicate that the effects of increased oil production in the Middle East and South America have become evident over the past two months. [1] - The U.S. has intensified sanctions against Russian oil, leading India to reduce imports of Russian oil and shift towards Middle Eastern and U.S. Gulf imports, which directly benefits compliant VLCCs and has resulted in soaring freight rates. [1] Group 2: Financial Projections - The VLCC-TCE (Time Charter Equivalent) for the Middle East to China route reached a peak of over USD 140,000 last week. [1] - For the fourth quarter of 2025, the earnings corresponding to VLCC-TCE are expected to exceed USD 90,000, with projections indicating that oil tanker profitability will reach a ten-year high. [1]