中远海能（600026）(01138)午后涨超4%，截至发稿，涨4.05%，报9.76港元，成交额8271.49万港元。 消息面上，据央视新闻，近日，美军在委内瑞拉附近海域扣押的一艘油轮目前正驶往美国休斯敦。这艘 超大型原油运输船据称载有约185万桶委内瑞拉重质原油，其体积过大无法直接进入休斯敦港，需在近 海锚泊后将货物卸载至较小船舶。另据报道称，美国计划未来进一步加强制裁管理和限制，并在国际水 域对船舶实施"行动措施"。美国此举行为引发对其他非合规油轮运输风险的预警，但目前尚未有明确信 息发布。 据克拉克森研究海运贸易统计，目前委内瑞拉原油出口约占全球原油贸易的2%。该机构预计，2026年 全球原油油轮市场将整体保持韧性。在需求端，2026年全球原油贸易需求将温和增长，供给端，原油油 轮船队规模将在今年较低增速的基础上明显宽松。短期来看，若委内瑞拉原油装运受到干扰，可能推动 部分买家转而增加对中东等"合规"原油供应方的采购，从而提高"合规"油轮的运输需求。这将吸收更多 合规油轮运力，短期持续推升油轮运费。 ...

智通财经APP获悉，中远海能(01138)午后涨超4%，截至发稿，涨4.05%，报9.76港元，成交额8271.49万 港元。 据克拉克森研究海运贸易统计，目前委内瑞拉原油出口约占全球原油贸易的2%。该机构预计，2026年 全球原油油轮市场将整体保持韧性。在需求端，2026年全球原油贸易需求将温和增长，供给端，原油油 轮船队规模将在今年较低增速的基础上明显宽松。短期来看，若委内瑞拉原油装运受到干扰，可能推动 部分买家转而增加对中东等"合规"原油供应方的采购，从而提高"合规"油轮的运输需求。这将吸收更多 合规油轮运力，短期持续推升油轮运费。 消息面上，据央视新闻，近日，美军在委内瑞拉附近海域扣押的一艘油轮目前正驶往美国休斯敦。这艘 超大型原油运输船据称载有约185万桶委内瑞拉重质原油，其体积过大无法直接进入休斯敦港，需在近 海锚泊后将货物卸载至较小船舶。另据报道称，美国计划未来进一步加强制裁管理和限制，并在国际水 域对船舶实施"行动措施"。美国此举行为引发对其他非合规油轮运输风险的预警，但目前尚未有明确信 息发布。 ...

Core Insights - Indian oil companies have announced a halt in purchasing Russian crude oil, indicating a trend of "de-Russification" in oil procurement. Similar moves are observed in China, which is also diversifying its sources of crude oil [2][4] - The freight rates for Very Large Crude Carriers (VLCCs) have surged significantly due to increased demand from India and China for oil from other producing countries, amidst tightening sanctions on Russia by the U.S. [2][4] - As of November 13, the World Scale (WS) index for freight rates reached approximately 132, with charter rates rising to $125,000 per day, doubling from around 65 in late August [2] Group 1: Market Dynamics - The freight rates for VLCCs exceeded $100,000 for the first time since April 2020, driven by U.S. sanctions against major Russian oil companies, Rosneft and Lukoil, aimed at undermining Russia's military funding amid stalled ceasefire negotiations with Ukraine [4] - The demand for VLCCs has intensified as India increases its oil purchases from other countries, leading to a tight supply situation in the regular market for large oil tankers [4][5] Group 2: Geopolitical Influences - The ongoing U.S.-China trade tensions are also impacting shipping costs, with the U.S. imposing port fees on Chinese vessels since mid-October, prompting China to retaliate with similar measures [6] - A recent agreement between U.S. and Chinese leaders to postpone the port fee measures for a year may lead to increased U.S. crude exports to China, which could positively affect the tanker market despite potential price corrections [6] - The sentiment in the shipping market remains strong, with limited new VLCC orders expected, further tightening supply and maintaining high freight rates [6]