格隆汇2月9日｜摩根士丹利将马士基目标价从8600丹麦克朗下调至8500丹麦克朗。 ...

投资咨询业务资格：证监许可【2012】31号 01 PART ONE 主要观点及策略概述 集运指数：目前交投冷清，低估值下驱动有限 | 影响因素 | 驱动 | 主要逻辑 | | --- | --- | --- | | | | 当前欧线现货运价受春节前货量真空期影响整体呈回落态势，各联盟报价分化调整。GEMINI 联盟（马士基 + 赫伯罗特），WK7 马士基开舱价降至 1995 | | | 美元 | / FEU，赫伯罗特维持 2300-2500 美元 / FEU；OA 联盟（COSCO、CMA CGM、EMC、OOCL）华北口岸中远海运已调至 2200-2300 美元 / FEU，华东 | | 现货运价 | 中性 | 口岸跟进后整体区间趋同；PA 联盟（ONE、HMM、阳明海运）受 ONE 表价传导，均值趋近 2000 美元 / FEU，部分集量特价低至 1800 美元 / FEU；MSC | | | | 独立运营并随市场节奏小幅下调，报价逐步下探。各联盟降价揽货以抢占货量，供需弱现实压制运价。 | | | | 目前已有3家头部航司提涨3月至3000美金 / FEU.。 | | | | 【1】据美国新闻网站 A ...

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 卢钉毅 数据来源：Clarksons、Wind 投资咨询号: Z0021177 从业资格号: F03101843 2026/2/9 | | 运价指数 | 上海出口集装箱运价 | 中国出口集装箱运价 | SCFI-美西 | SCFIS-美西 | SCFI-美东 | SCFI-西北欧 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 综合指数SCFI | 指数CCFI | | | | | | 業 | 现值 | 1267 | 1122 | 1801 | 1101 | 2530 | 1403 | | | 前值 | 1317 | 1176 | 1867 | 1294 | 2605 | 1418 | | 运 | 涨跌幅 | -3.81% | -4.55% | -3.54% | -14.91% | -2.88% | -1.06% | | 발 JE | | SCFIS-西北欧 | SCFI-地中海 | | | | | | 数 | | | | | | | | | ...

智通财经APP获悉，中远海能(01138)涨超4%，截至发稿，涨4.26%，报15.43港元，成交额1.05亿港元。 消息面上，特朗普2月3号发文称已与印度总理莫迪达成共识，印度将停止购买俄罗斯石油，转而大幅增 加从美国采购能源等产品；美印双方达成贸易协议，美国对印度的对等关税将从25%下调至18%。财通 证券认为，后续伴随政策落地，印度将停止购买俄油，国内需求转向合规原油，有望进一步支撑合规市 场运价。中期来看，伴随上游扩产&地缘事件&制裁收紧利好供需，运价中枢有望保持上涨。 国泰海通证券指出，2026年以来地缘局势紧张，船东情绪高涨，且有海外船东加大租船控制市场，近期 油运运价维持高位。上周中东-中国VLCCTCE维持在12万美元以上高位。提示船东情绪仍将可能持续影 响短期运价，建议关注运价中枢同比上升趋势，该行预计2026Q1油轮盈利将同比大增数倍。重点提示 油运不是短炒地缘局势，而是具有"超级牛市"长逻辑。看好全球原油增产继续驱动油运需求增长，油轮 加速老龄化将保障合规运力供给刚性持续。 ...

为保障航线顺利首航、平稳运营，杭州海关依托金丽温开放大通道建设工作机制，构建起全域统筹 的一体化服务体系。海关部门提前介入，精准对接企业需求，全程指导航线开通筹备事宜，创新采 用"产业集群+港口枢纽+海关协同"模式，最大限度释放跨区域服务效能，为航线开通扫清障碍。 温州海关相关负责人表示，红海航线的开通，将实现"公铁水"多式联运网络与海关高效监管服务的 深度融合，进一步激活金丽温开放大通道的集聚效应，助力温州加快打造浙南闽北赣东地区重要"出海 口"，为区域产业升级、贸易扩容和高质量发展注入更强动能。（记者 戚祥浩 通讯员 王毓婕） 一艘装载着近800个标箱的集装箱班轮，在隶属于杭州海关的温州海关办结全部监管手续后，缓缓 驶离温州港状元岙港区，奔赴沙特阿拉伯吉达港。这宣告了浙南首条直通红海的外贸航线正式开通，为 金丽温开放大通道建设注入新活力，也打通了浙南乃至闽赣地区对接红海沿岸市场的海上快捷通道。 作为金丽温开放大通道建设的关键节点，该航线串联起义乌、温州两大核心货源地，航线网络覆盖 广泛，除沙特阿拉伯吉达港外，还将陆续抵达埃及苏科纳港、约旦亚喀巴港等中东重要港口，构建起辐 射红海沿岸的外贸物流新格局。据了解 ...

Industry Overview - The China Chemical Products Price Index (CCPI) is reported at 4120 points this week, showing a year-on-year decrease of 5.0% and a month-on-month increase of 1.1% [1] - The CCPI for the previous week was 4066 points, reflecting a year-on-year decline of 6.6% and a month-on-month decrease of 1.0% [1] - The domestic maritime shipping price for liquid chemicals was 168 RMB/ton, down 8.51% year-on-year and 0.62% month-on-month [1] Express Delivery - In December, the express delivery business volume increased by 2.3% year-on-year, with some companies benefiting from price increases due to reduced competition [2] - The total collection volume for postal express from January 26 to February 1 was approximately 4.541 billion pieces, up 60.8% year-on-year and 5.5% month-on-month [2] - The total delivery volume during the same period was about 4.477 billion pieces, reflecting a year-on-year increase of 18.7% and a month-on-month increase of 5.8% [2] - The State Post Bureau forecasts that by 2025, express delivery revenue will reach 1.5 trillion RMB, growing by 6.5% year-on-year [2] Logistics - DSV's integration of DB Schenker is progressing ahead of expectations, with completion anticipated by the end of 2026 [3] - The company is focusing on smart logistics, benefiting from improved demand [3] Aviation and Airports - The average daily flights nationwide decreased by 1.08% year-on-year, with domestic flights down 1.28% [4] - Brent crude oil futures settled at 67.55 USD/barrel, down 4.47% month-on-month and 11.07% year-on-year [4] - The domestic aviation kerosene ex-factory price (including tax) is 5334 RMB/ton, down 4.3% month-on-month and 12.7% year-on-year [4] - The airline sector is expected to see profit elasticity due to supply constraints from aircraft manufacturers and upstream component suppliers [4] Shipping - The container shipping price index (CCFI) is at 1122.15 points, down 4.5% month-on-month and 20.7% year-on-year [5] - The Shanghai Export Container Freight Index (SCFI) is at 1266.56 points, down 3.8% month-on-month and 33.2% year-on-year [5] - The crude oil transportation index (BDTI) increased by 2.1% month-on-month and 88.5% year-on-year, indicating a growing demand for oil transportation [5] - A recent agreement between the U.S. and India to halt Russian oil purchases is expected to boost oil transportation demand [5] Road and Rail Ports - Anhui Expressway completed the acquisition of Shandong Expressway, acquiring 7% of its total share capital at a price of 8.92 RMB/share, totaling 3.019 billion RMB [5] - The total number of freight vehicles on national highways reached 56.83 million, up 4.75% month-on-month and 506.12% year-on-year [5]

| | | | | | | 研究中心能化团队 | | | 2026/2/9 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 合约 | | 昨日收盘价 | 涨跌 | 基岩 | 昨日成交量 | | 昨日持仓量 | 持仓变动 | | | EC2602 | | 1739.9 | -0.18% | 52.2 | 223 | | 1429 | -173 | | | EC2604 | | 1231.2 | -2.92% | 560.9 | 29451 | | 31427 | -3234 | | | EC2606 | | 1531.0 | -2.37% | 261.1 | 4900 | | 14812 | -76 | | | EC2608 | | 1613.2 | -1.06% | 178.9 | 482 | | 1387 | -13 | | | EC2610 | | 1119.0 | -1.13% | 673.1 | 1114 | | 7878 | -272 | | | 月差 | | 前一日 | 即树目 | 前三日 | 日环比 | | ...

新华社记者赵子硕 港口不息，引航工作便全年无休。 新华社天津2月8日电 题：当引航员！这双船舶的"眼睛"不一般 上午10时，在天津港引航中心，引航员孙勃已收拾好救生衣，检查调试完设备。记者和他一起出发，驱车前往天津港集装箱码头，想体验一 回当引航员的感受。 在这里，停靠在码头的"中远海法"轮整装待发，它搭载着来自京津冀等地的日用品、冷链冻品等，计划途经大连等地后驶往东南亚。 "今天的首趟任务就是将'中远海法'轮从码头引航至天津港锚地完成出港。"孙勃告诉记者，引航员熟知本港口的水文与航道情况，负责指挥 拖轮、引导船舶安全完成靠泊与离泊作业，"我们相当于船舶靠离泊阶段的'代驾'，作业是否安全高效事关整个港区的正常运转。" 抵达泊位后，记者随孙勃来到船身旁的登船梯处。庞大的船体近在咫尺，金属船身泛着光泽。"今天风力不算大，浪高不到1米，对引航工作 来说，算非常不错的海况。"孙勃说。 风浪虽不大，但连接码头和船舶的登船梯高达十余米，随着船体轻微晃动。"一定要看清脚下，用两只手抓紧两侧扶手。"孙勃边登梯边回头 再三叮嘱记者。 得益于当天的好天气，货轮仅用半小时便完成离泊作业，沿着航道朝着更广阔的渤海湾驶去。忙碌暂告一段 ...

Economic Growth and Development - In 2025, Shanghai's GDP is projected to reach 5.67 trillion yuan, representing a 5.4% increase from the previous year, successfully meeting the annual and "14th Five-Year" economic growth targets [3] - The growth target for 2023 is set at around 5%, focusing on deepening reform and opening up, promoting consumption, expanding effective demand, and enhancing the quality of life [3] Industrial Development - Shanghai's industrial output value exceeded 4 trillion yuan last year, marking a historical high, with a focus on high-end industries as a key driver for high-quality development [4][5] - The city aims to create new trillion-level industries in sectors like smart terminals and commercial aerospace during the "15th Five-Year" period, while optimizing the business environment for enterprises [5] Foreign Investment and Trade - By the end of last year, Shanghai had recognized 1,076 multinational company regional headquarters and 636 foreign R&D centers, with plans to establish over 6,300 new foreign enterprises by 2025, reflecting a 6.8% year-on-year growth [6] - The foreign trade volume is expected to exceed 4.5 trillion yuan by 2025, with growth rates for imports and exports projected to surpass national averages [10] Employment and Skills Development - Shanghai plans to create over 600,000 new jobs by 2026, with a focus on enhancing skills and supporting long-term unemployed youth [12] - The city will leverage the upcoming World Skills Competition to promote new skills and align vocational training with market needs [12] Technological Innovation - Shanghai ranks first in comprehensive technological innovation among Chinese provinces and aims to increase R&D expenditure to 4.5% of GDP by 2025, with a focus on basic research [13] - The city is committed to fostering innovation ecosystems and enhancing the efficiency of its innovation system [13] Elderly Care and Consumer Services - Shanghai has established 122 smart elderly care facilities and plans to enhance technology-driven services in community and home-based elderly care [8] - The city has introduced guidelines for building senior-friendly shopping environments to cater to the elderly population [8]

福建发布海浪蓝色预警 厦金"小三通"客运航线停航 来源：中国新闻网 编辑：郭晋嘉 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 中新社福州2月8日电 (记者 龙敏)受冷空气影响，福建省沿海海区8日有8级以上东北大风。厦门五通客 运码头通报称，厦门至金门"小三通"客运航线8日16时10分起停航，当日后续船班全部取消。 福建省海洋预报台当天发布海浪蓝色预警称，8日下午至9日上午，福建各大渔场和钓鱼岛海域将出现 4.0至5.55米的巨浪，9日上午减小到3.0至4.3米的大浪到巨浪；平潭、莆田、泉州和漳州沿岸海域将出现 2.3至3.3米的中浪到大浪，9日上午减小到1.3至2.3米的中浪；宁德、福州和厦门沿岸海域将出现1.5至2.5 米的中浪到大浪，9日上午减小到1.0至2.0米的轻浪到中浪。 连日来，冷空气频频影响福建，对航运、滨海旅游和渔业等行业产生不利影响。2月8日，福州马尾至马 祖"小三通"客运航线已连续两天双向停航。 另 ...