全球超大型原油运输船（VLCC）市场正经历六年来最剧烈的费率冲击。战争风险溢价与史无前例的船队兼并浪潮双重叠加，将运费推至历史高位，并开始 向实物原油价格和整个油轮市场传导。 2月25日，据彭博报道，沙特国家航运公司Bahri近期租用五艘VLCC，日租金高达20万美元，为波罗的海交易所记录的六年最高水平，其中一艘DHT Jaguar 的成交价更达每日20.8万美元。 与此同时，Polymarket数据显示，市场对美国在3月15日前对伊朗发动军事打击的概率定价已升至47%，霍尔木兹海峡封锁风险正被迅速计入运费和布伦特 原油期货价格，后者目前仍维持在每桶70美元上方。 | US strikes Iran by ... ? | | | | --- | --- | --- | | Past V Jun 30 | | | | $417,309,761 Vol. ( ) Jan 31, 2026 | | | | February 25 | 1% | Buy Yes 0.9¢ | | $6,805,049 Vol. | | | | February 26 | 2% | Buy Yes 2.2¢ | | $3,746,513 ...

作者：亚历克斯・朗利 石油市场中一个小众但至关重要的领域，正被一位韩国大亨的巨额豪赌彻底搅动。在业内最富有的大佬 之一助力下，此人已掌控油轮市场的相当大份额。 据多位行业资深高管估算，过去一两个月里，韩国世腾集团（Sinokor）迅速出手，大量收购或租赁船 舶，目前已控制约120 艘超大型原油运输船（VLCC）。一些市场老将表示，由船东郑佳贤掌舵的这家 公司所囤积的庞大运力，在他们从业经历中前所未有。 但这家总部位于首尔的航运企业并非单独行动。至少两家近期与世腾洽谈售船的大型船东发现，最终买 家实际是与吉安路易吉・阿波泰有关联的实体。阿波泰是庞大航运帝国的创始人，旗下拥有地中海航运 公司（MSC）。目前尚不清楚两家公司的具体关系，也不知道世腾其他交易中有多少涉及 MSC。 本文基于对十多位航运经纪、船东及高管的采访，其中多数人因涉及私密信息要求匿名。世腾的多数收 购与租船交易也已在行业经纪报告中披露。多位船东补充称，该合资方仍在寻求收购更多船舶。 MSC 发言人拒绝置评。世腾集团未回复记者多次寻求评论的邮件与电话。 即便以不透明的航运业标准来看，此番操作也极为扎眼。全球运载石油的油轮大多绑定长期租约或固定 航 ...

一场史无前例的油轮收购行动正在撼动全球石油运输市场。 油轮市场是全球石油贸易中小众但至关重要的环节，长期以来由希腊、挪威等海运强国及沙特等主要石 油利益国的船东主导。Sinokor虽是一家根植于集装箱航运的较不知名企业，过去也曾进行过收紧市场 的租船操作，但至少一位市场参与者表示，当前的交易热潮远超其以往任何一次行动。 2月16日，据彭博援引几位业内资深人士，韩国Sinokor集团在过去一两个月内迅速买入或租赁大量船 只，目前控制约120艘超大型原油运输船。一些市场资深人士表示，这家公司所积累的船队规模，在其 从业经历中前所未见。 更引人注目的是，这家首尔航运公司背后站着全球航运巨头。据彭博报道，至少两家大型船东在与 Sinokor谈判船舶出售时发现，最终买家实为与Gianluigi Aponte有关的实体，这位亿万富翁创立了地中 海航运公司（MSC）在内的庞大航运帝国。目前尚不清楚两家公司之间的具体关系，以及有多少 Sinokor交易涉及MSC。 这一激进收购已令市场陷入恐慌。紧张的租船方争相预订舱位以防价格进一步上涨，运费成本急剧飙 升。据Clarkson Research Services数据，原油油轮 ...

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in relation to investments in cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for investment actions [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned against relying solely on the content provided [1]. Group 2 - The website discusses the complexities and high risks associated with cryptocurrencies and CFDs, highlighting the potential for significant financial loss [1]. - It encourages users to conduct their own research and fully understand the instruments and risks involved before making investment decisions [1].

Core Viewpoint - Scorpio Tankers Inc. has been downgraded by Bank of America due to expectations that freight rates are nearing peak levels, which could impact future earnings and market dynamics [2] Financial Position - As of January 9, 2026, Scorpio Tankers reported having $783.9 million available under its revolving credit facilities [3] - The company has been actively managing its debt and liquidity, indicating a strategic approach to financial stability [3] Asset Management - Scorpio Tankers has sold its remaining 3,551,794 shares in DHT Holdings at an average price of $13.40 per share [4] - The company completed the sale of the 2020-built MR tanker STI Maestro for $42.0 million and three 2014-built MR tankers for $32.0 million each [4] - In December 2025, Scorpio closed deals selling the 2014-built MR tanker STI Yorkville for $32.0 million and the 2019-built LR2 tanker STI Lobelia for $61.2 million [5] Fleet Overview - Scorpio Tankers operates a fleet of 93 product tankers, including 37 LR2 vessels, 42 MR tankers, and 14 Handymax tankers, with an average fleet age of 9.8 years [5]

Group 1 - The Russian Ministry of Transport condemned the U.S. for seizing oil tankers, asserting that no country has the right to use force against vessels under another nation's jurisdiction [1] - The Russian Foreign Ministry demanded that the U.S. respect the rights of Russian citizens aboard the seized oil tanker and allow them to return home [1] - The U.S. military announced the seizure of a Russian-flagged oil tanker, "Marinera," claiming it violated U.S. sanctions [8][10] Group 2 - U.S. Energy Secretary stated that the U.S. plans to maintain significant control over Venezuela's oil industry, including indefinite oversight of its foreign sales [3] - Trump indicated that Venezuela would supply between 30 million to 50 million barrels of oil to the U.S., which could represent up to two months' worth of production [3] - U.S. refining stocks saw gains, with Valero Energy up 3.54%, Phillips 66 up 1.84%, and Marathon Oil up 0.98% [3] Group 3 - Oil tanker stocks experienced significant increases, with Teekay Tankers rising by 8.33%, Frontline by 7.82%, and Nordic American Tankers by 6.96% [5][6] - The U.S. military's actions against the oil tanker "Marinera" have led to heightened interest and activity in the oil and shipping sectors [10]

Core Points - The article discusses China's response to the U.S. imposition of special port fees on Chinese vessels, which is seen as a countermeasure to U.S. actions against China's maritime and logistics industries [1][2][34] - The implementation of the special port fee by China is viewed as a strategic move to maintain parity in the ongoing trade tensions between the two countries [2][34] Group 1: Impact on Shipping Industry - The U.S. will impose port service fees on Chinese-owned or operated vessels starting October 14, 2025, affecting a significant number of ships [1][3] - As of January 1, 2025, China is projected to have 10,440 vessels, an increase from 9,418 in 2024, while the U.S. will see a decrease from 1,788 to 1,702 vessels [4][6] - China's share of the global deadweight tonnage is expected to rise from 13.3% in 2024 to 14.4% in 2025, indicating a strengthening position in the global shipping market [6][8] Group 2: Financial Comparisons - The total value of Chinese vessels is projected to reach $255.236 billion in 2025, a 25.11% increase from 2024, while the U.S. total will be $116.447 billion, reflecting a 16.61% growth [13][17] - The value of bulk carriers in China is expected to be $68.454 billion in 2025, compared to $4.054 billion for the U.S., highlighting a significant disparity [17] - The value of container ships in China is projected to be $63.533 billion, while the U.S. will have $4.938 billion, further emphasizing China's dominance in this sector [17] Group 3: Regulatory Responses - The article notes that many U.S. companies have their own fleets, with significant numbers reported by major agricultural firms like Cargill and Bunge [19][22] - The complexity of ownership structures complicates the assessment of which vessels will be affected by the new fees, as many U.S. companies have foreign ownership or operations [25][29] - The article highlights that the U.S. has provided exemptions for certain vessels, which may influence the operational decisions of shipping companies [38] Group 4: Strategic Implications - China's countermeasures are seen as a way to disrupt U.S. efforts to weaken its shipping and shipbuilding industries, forcing global shipping companies to reconsider their strategies [34][39] - The article suggests that the ongoing situation may lead to a reevaluation of the relationships between shipping companies and their operational strategies in light of the geopolitical landscape [39]

Group 1 - The oil market experiences volatility and is influenced by macroeconomic news and geopolitical events, such as tensions in the Red Sea [1] Group 2 - The focus is on uncovering undervalued opportunities in the stock market, emphasizing strong financials, competitive advantages, and long-term growth potential [2] - The investment philosophy aligns with notable investors like Warren Buffett and Peter Lynch, focusing on businesses with durable moats and solid management teams [2]