券商中国·2025-10-13 06:57Core Viewpoint - The article discusses the recent surge in port and shipping stocks in response to the Chinese Ministry of Transport's announcement of special port fees for U.S. vessels, effective from October 14, 2025, which is expected to lead to increased shipping rates due to heightened cost transfer motivations among shipping companies [1][5][8]. Group 1: Market Reactions - Nanjing Port's stock price surged to the daily limit, while Lianyungang and several shipping stocks also saw significant increases, with Lianyungang rising nearly 8% and other stocks like China National Offshore Oil Corporation and Ningbo Maritime rising over 6% [1][3]. - The announcement from the Ministry of Transport has led to a collective rally in the shipping sector, indicating strong market sentiment towards shipping stocks amid the ongoing trade tensions [2][3]. Group 2: Policy Details - The Ministry of Transport's announcement includes a phased implementation of special port fees for U.S. vessels, starting at 400 RMB per net ton in 2025 and increasing to 1120 RMB by 2028 [6]. - The policy targets various categories of U.S.-owned or operated vessels, which could significantly impact shipping operations and costs for U.S. companies [5][6]. Group 3: Investment Opportunities - Research institutions suggest that the new port fees will create investment opportunities in the shipping sector, particularly for companies with strong fundamentals and limited available capacity [8]. - Analysts from multiple firms, including Huachuang Securities and Shenwan Hongyuan, recommend focusing on shipping stocks as they are likely to benefit from increased freight rates due to the cost pressures from the new fees [8][9].