Group 1: Shipping Derivatives Data - China Export Container Freight Rates: SCFI - US West at 2249 (up 14.85% from 1940), SCFI - US East at 3111 (up 11.43% from 2717), SCFIS - US West at 1618 (up 1.70% from 1601), SCFI - Northwest Europe at 1710 (up 15.93% from 1475), CCFI at 1072 (up 14.50% from 936), SCFI Composite Index at 1109 (down 1.07% from 1121), SCFI - Mediterranean at 1556 (up 0.71% from 1545), SCFIS - Northwest Europe at 2666 (up 12.97% from 2360) [1][2] Group 2: Geopolitical Events - US military air - strikes on Iranian facilities: US military attacked the defense facilities on Iran's Kharg Island with over 15 explosions, but the oil infrastructure was not damaged, and the air - defense system restarted about an hour later. Iran stated that oil exports from the island were normal and important oil infrastructure was intact [3] - Trump: Conditions are not good enough, and he is not ready to reach an agreement with Iran currently [3] - According to the New York Post, Iran's foreign minister said that all countries except the US and Israel are allowed to cross the Strait of Hormuz [3] - Islamic Revolutionary Guard Corps believes that if Iran loses control of the Strait of Hormuz, it will lose the war [3] Group 3: EC Market Analysis - Market trend: The EC market for container shipping to Europe showed a stable - then - rising trend. The futures market significantly rose at the end of the session, and the trading sentiment shifted from cautious to bullish. The price fluctuation was mainly driven by the pricing actions of leading shipping companies [4] - Core driver: The direct reason for the late - session rise was that Maersk, a leading shipping company, announced a significant increase in the weekly price for European routes compared to the previous week, which countered the previous pessimistic expectations of alliance price cuts and provided strong emotional support for the market [4] - Supply - demand situation: On the supply side, shipping companies' pricing strategies are more differentiated, with leading companies strongly willing to maintain prices, and the overall capacity deployment is under control. The Red Sea geopolitical situation provides rigid support for shipping costs. On the demand side, it is in the traditional off - season, with slow release of terminal cargo volume and no substantial recovery in demand. The market will focus on the pricing linkage of leading shipping companies, and the market is likely to remain highly volatile [4] Group 4: Strategy - Strategy: Stay on the sidelines, and the 4 - 5 reverse spread can be taken profit [5]