Core Viewpoint - The Tianjin Shipping Index (TSI) reflects the price fluctuations in the shipping market of Tianjin and northern regions, showing significant increases in container and dry bulk freight rates, indicating a robust shipping market recovery [2][3]. Group 1: Container Shipping Market - The Northern International Container Freight Index (TCI) has seen a substantial increase, with freight rates on routes to Europe, the Mediterranean, the United States, South America, and India rising sharply. Specifically, freight rates from Tianjin to the U.S. West and East coasts increased by 30.77% and 20.56% respectively, leading to a TCI closing at 1494.25 points, up 168.78 points or 12.73% since May 30 [2]. - The TCI's growth is attributed to high shipping volumes from U.S. shippers, reflecting strong demand in the container shipping sector [2]. Group 2: Dry Bulk Shipping Market - The Northern International Dry Bulk Freight Index (TBI) has continued to rise, with coal prices slightly increasing, while grain prices have decreased. However, metal ore prices have surged, particularly iron ore, driven by increased shipping activity from Australian miners and rising demand from Brazil, resulting in a TBI closing at 1063.67 points, up 46.80 points or 4.60% since May 30 [2]. - The overall increase in the TBI indicates a positive trend in the dry bulk shipping market, despite mixed performance across different commodities [2]. Group 3: Coastal Container Shipping Market - The Coastal Container Freight Index (TDI) remained stable, with the outbound freight index steady and the inbound freight index showing a slight recovery before stabilizing. The TDI closed at 1125.97 points, with a marginal increase of 0.54 points or 0.05% since May 30 [3]. - The TDI reflects the stability in the coastal shipping segment, indicating a balanced supply and demand situation [3].

II GERIK 投资咨询业务资格：证监许可【2012】31号 航运衍生品数据日报 | | | | 国贸期货研究院 能源化工研究中心 卢钊毅 | | | 投资咨询号: Z0021177 | 2025/6/9 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 数据来源：Clarksons、Wind | | 从业资格号:F03101843 | | | | | 运价指数 | 上海出口集装箱运价 综合指数SCFI | 中国出口集装箱运价 指数CCFI | SCFI-美西 | SCFIS-美西 | SCFI-美东 | SCFI-西北欧 | | E | 现值 | 2240 | 1155 | 5606 | 1718 | 693 d | 1667 | | CALL 运 | 前值 | 2073 | 1118 | 5172 | 1720 | 6243 | 1587 | | | 涨跌幅 | 8.09% | 3.34% | 8.39% | -0.12% | 11.15% | 5.04% | | ਵਿ | | SCFIS-西北欧 | SCFI-地中海 | | | | ...

韩国出口时隔四个月再现负增长 5月各项政府债发行提速 关于本栏目 高频数据难懂？挖掘信息不易？【国金高频图鉴】每周一期，与您一同从高频数据库中抽丝剥 茧，看懂全球经济的新变化。如需底层数据库，欢迎联系国金宏观团队。 本期Headline 5 月各项政府债发行提速 5 月以旧换新商品消费加快 5 月中国出口反弹是否是 " 昙花一现 " ？ 01 5月政府债发行2.3万亿，进度明显加快。 截至5月末，wind口径下政府债净融资规模6.4万亿，发行 进度为46.1%。其中，一般国债、特别国债、新增专项债、特殊再融资专项债、新增一般债的累计 发行进度为39.4%、42.1%、37.1%、81.5%、43.9%。 02 5月以旧换新商品消费加快 | 补贴项目 | 政策资金使用情况 | | --- | --- | | 汽车以旧换新412万辆 | 汽车报废更新方面,新能源汽车补贴2万元,燃油车补贴1.5万元,汽车置换更新 | | | 方面,新能源汽车补贴1.5万元。燃油车补贴1.3万元。截至5月11日,2025年汽 | | | 车以旧换新补贴申请量达322.5万份,其中汽车报废更新103.5万份,置换更新 | | | 21 ...

Group 1: Marine Economy Development - The marine economy in China has maintained a GDP contribution of around 8% since the start of the 14th Five-Year Plan, highlighting its significance in high-quality development [1] - The marine economy is emerging as a new engine of productivity, with sectors like methane hydrate extraction and offshore wind power gaining traction [1] Group 2: Shandong's Marine Industry - Shandong province, which has a coastline accounting for one-sixth of the national total, is actively developing a modern marine economy [3] - The province is focusing on marine engineering equipment manufacturing, marine pharmaceuticals, marine power, and seawater desalination as key emerging industries [5] Group 3: Ningbo-Zhoushan Port - Ningbo-Zhoushan Port is the only port in the world to have an annual cargo throughput exceeding 1 billion tons for 16 consecutive years, with over 200 deep-water berths [6] - The port has achieved a container throughput of 13.568 million TEUs from January to April this year, representing a year-on-year growth of 9.9% [7] Group 4: Marine Aquaculture - China has established 169 national-level marine ranches, with deep-sea aquaculture water bodies reaching 56.6 million cubic meters and an annual output of 470,000 tons, accounting for nearly 60% of global aquaculture production [18] - The marine product output in the first quarter of this year saw a year-on-year increase of 4.5%, with seawater aquaculture production rising by 5.7% [19]

Core Points - Zodiac Maritime reported a fire on the cargo ship Morning Midas in the North Pacific near the Aleutian Islands, carrying 3,084 vehicles including 70 electric and 681 hybrid cars [1][2] - The ship was chartered by SAIC Motor's Anji Logistics and had departed from Yantai, China, on May 26, with a planned arrival in Mexico on June 15 [2][5] - The fire originated from a deck filled with electric vehicles, but the specific brands of the vehicles onboard remain unclear [2][5] Company and Industry Insights - The Morning Midas is flagged under Liberia and owned by Hawthorn Navigation Inc., with Zodiac Maritime as the managing company [5] - The crew attempted to extinguish the fire but were unsuccessful, leading to their evacuation with assistance from the U.S. Coast Guard and another cargo ship [5][7] - Fires on car carriers, especially those transporting electric vehicles, have raised concerns among insurers due to their complexity and risk [7][8] - Allianz Commercial reported that incidents of fires on car carriers reached a ten-year high in 2024, highlighting the significant risks associated with these vessels [8]

| | | | | | | 研究中心能化团队 | | 2025/6/6 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 合约 | | 昨日收盘价 | 涨跌 (%) | 基差 | 昨日成交量 | 昨日持仓量 | | 持仓变动 | | | EC2506 EC2508 | | 1971.1 2146.3 | 0.04 -2.40 | -718.3 -893.5 | 5610 73378 | | 8760 47254 | -326 -707 | | | EC2510 | | 1356.0 | -1.95 | -103.2 | 12963 | | 24021 | 255 | | | EC2512 | | 1542.0 | -1.79 | -289.2 | 1222 | | 4394 | -57 | | | EC2602 | | 1377.0 | -1.63 | -124.2 | 430 | | 2720 | 33 | | | EC2604 | | 1205.7 | -2.70 | 47.1 | 443 | | 3365 | 42 ...

重要会议： 2025势银绿氢产业大会（7月16-17日，江苏·无锡） 点此报名 重要会议： 2025势银（银川）长时储能产业大会（7月2日-3日，宁夏·银川） 点此报名 添加文末微信，加 长时储能 群 国际海事组织(IMO)提出航运业2030年碳总排放量下降40%(与2008年对比)，于2040年减少至30%。 从长远来看，燃料替代将是航运业脱碳的必由之路。2025年正成为全球航运业替代燃料船舶规模化 交付的关键节点。 根据DNV Alternative Fuel Insight数据，2025年计划交付的新造双燃料船舶共285艘，改装双燃料船 舶7艘， 较 2024 年增长 48%。 尽管2025年LNG仍将主导替代燃料市场，但甲醇船舶市场增长显 著， 多船型应用格局初现： "宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 势银数据： 势银数据产品服务 势银咨询： 势银咨询顾问服务 集装箱船： 2025年预计交付120艘新造集装箱船，其中39艘为甲醇动力船，占比达32.5%；另 有6艘集装箱船（达飞2艘、中远海运4艘）计划于今年完成甲醇双燃料改装 ...

Core Viewpoint - The inland water transport industry in China is experiencing significant growth, driven by government policies and economic recovery, with a focus on enhancing efficiency, reducing costs, and integrating various transportation modes [1][4][9]. Group 1: Industry Overview - Inland water transport refers to the use of vessels to transport goods and passengers through natural or artificial waterways, playing a crucial role in logistics and economic development [2]. - The advantages of inland water transport include large capacity, low energy consumption, and low freight rates, which contribute to cost reduction and efficiency in logistics [2][4]. Group 2: Current Development Status - As of the end of 2022, China's inland waterway mileage exceeded 128,000 kilometers, with continued growth expected in 2023-2024, making it the world's leader in inland waterway navigation [1][11]. - In 2024, the total cargo throughput of inland ports in China is projected to reach 6.377 billion tons, a year-on-year increase of 3.9%, while container throughput is expected to reach 40.4 million TEUs, up 5.2% [1][15]. Group 3: Policy Support - The government has introduced various policies to enhance inland water transport, focusing on waterway construction, vessel standardization, and green shipping initiatives [4][6]. - Key policies include the "Action Plan to Effectively Reduce Logistics Costs" and the "Implementation Plan for Inland Water Transport System Connectivity," aimed at optimizing transportation networks and improving operational efficiency [4][6]. Group 4: Investment Trends - Waterway fixed asset investment reached 201.6 billion yuan in 2023, a 20.1% increase from the previous year, with inland construction accounting for 105.2 billion yuan, up 21.3% [9]. - The investment in waterway infrastructure is expected to continue growing, with a projected 220.8 billion yuan in 2024, reflecting a 9.5% year-on-year increase [9]. Group 5: Future Development Trends - The inland water transport industry is moving towards high-quality development, with increasing market concentration and the integration of green and smart technologies [23]. - The digital transformation of inland ports is accelerating, enhancing operational efficiency and promoting regional economic development through improved multimodal transport networks [24].

Group 1 - The Hainan International Ship Registration Administration recently introduced a ship technical parameter certificate for the first time in the country, marking a significant step towards aligning with international high-standard shipping service systems [1] - The establishment of a more open shipping system in Hainan is outlined in the "Overall Plan for the Construction of Hainan Free Trade Port," which aims to develop "China Yangpu Port" as a ship registration port [1] - The new ship technical parameter certificate will simplify the ship registration process, reduce processing time, and enhance the efficiency and convenience of ship registration services in Hainan [1] Group 2 - The Hainan International Ship Registration Administration was established in November 2024, responsible for the registration and quality management of international ships under the "China Yangpu Port" flag, with 16 ships registered since its inception [2] - The administration aims to continuously improve the ship registration service system for "China Yangpu Port" to support the development of international shipping in Hainan Free Trade Port [2]