CMES(SH:601872) Di Yi Cai Jing·2026-02-25 04:29Core Viewpoint - The shipping sector is experiencing a significant surge, with companies like China Merchants Energy Shipping and COSCO Shipping Energy Transportation reaching historical highs due to skyrocketing oil transportation costs [1] Group 1: Shipping Sector Performance - China Merchants Energy Shipping has achieved a remarkable performance with three consecutive trading limits in four days, setting a new historical high [1] - Other companies in the sector, such as COSCO Shipping Energy Transportation and China Merchants South China Shipping, also reached their trading limits [1] Group 2: Oil Transportation Costs - The cost of chartering a very large crude carrier (VLCC) to transport Middle Eastern crude oil to China has surged to over $170,000 per day, which is three times higher than at the beginning of the year [1] - This increase in transportation costs is attributed to various factors, including the ongoing US-Iran tensions and changes in global oil supply trends [1]