欧洲央行管委内格尔：地缘政治环境和与美国的贸易冲突对价格的影响"极不确定"。 ...

Core Viewpoint - Daiwa has upgraded Pacific Basin Shipping to a "Buy" rating, citing improved geopolitical conditions that are favorable for freight rates [1] Industry Summary - The Baltic Dry Index has averaged a year-on-year decline of approximately 35% year-to-date [1] - Smaller vessel types, including Supramax and Handysize bulk carriers, have experienced slower declines of 31% and 24% respectively [1] - The time charter equivalent (TCE) earnings for Pacific Basin's Supramax and Handysize vessels in April were approximately 15% and 10% lower than last year [1] Company Summary - Daiwa anticipates that the weak demand observed year-to-date will continue into the second half of the year, but the risk of further deterioration is limited [1] - Despite the expected decline in TCE, it is believed that Supramax and Handysize bulk carriers will remain profitable this year [1] - The rating for Pacific Basin Shipping has been upgraded from "Outperform" to "Buy," with a target price adjusted from HKD 2.40 to HKD 2.25 [1]