Ge Long Hui·2026-03-03 03:00Group 1 - The shipping and port stocks in the Hong Kong market have strengthened, with notable increases in shares of companies such as Honghai Holdings Group rising by 21% and COSCO Shipping Holdings increasing by over 4% [1] - Following attacks by the US and Israel on Iran, Tehran announced the closure of the Strait of Hormuz, leading to significant disruptions in global maritime energy transportation [1] - Several oil tanker companies and international oil giants have suspended the transportation of crude oil, fuel, and liquefied natural gas (LNG) through the Strait of Hormuz due to the escalating conflict with Iran [1] Group 2 - The daily charter rates for LNG carriers in the Atlantic Basin have reportedly exceeded $200,000, which is approximately double the rates from the previous day [1] - Qatar has halted LNG production as the conflict with Iran spreads to a broader region, resulting in a sharp increase in shipping rates [1] - Current quotes for LNG transportation are at least three times higher than the $61,500 assessed by Sparq Commodities earlier on Monday, although no transactions have been completed at these new rates [1]