摩根大通发布研报称，虽然市场忧虑现有的航运干扰因素可能逐步消退，但仍预期明年原油油轮的盈利 将保持韧性。全球逾20%的油轮船龄已超过20年，且越来越多集中于"影子船队"，限制了其参与合规贸 易的能力。而地缘政治摩擦亦进一步推高运载需求。随著对俄罗斯、伊朗及委内瑞拉船舶的制裁范围扩 大，全球约18%至20%的船队正参与相关非合规运输。 智通财经APP获悉，中远海能(01138)午后涨超5%，截至发稿，涨4.46%，报10.08港元，成交额1.36亿港 元。 消息面上，据多家媒体21日报道，美国海岸警卫队正在委内瑞拉附近国际水域追截"贝拉1"号油轮。这 是美方近期在委附近海域实施拦截的第三艘油轮。 ...

摩根大通发布研报称，虽然市场忧虑现有的航运干扰因素可能逐步消退，但仍预期明年原油油轮的盈利 将保持韧性。全球逾20%的油轮船龄已超过20年，且越来越多集中于"影子船队"，限制了其参与合规贸 易的能力。而地缘政治摩擦亦进一步推高运载需求。随著对俄罗斯、伊朗及委内瑞拉船舶的制裁范围扩 大，全球约18%至20%的船队正参与相关非合规运输。 中远海能（600026）(01138)午后涨超5%，截至发稿，涨4.46%，报10.08港元，成交额1.36亿港元。 消息面上，据多家媒体21日报道，美国海岸警卫队正在委内瑞拉附近国际水域追截"贝拉1"号油轮。这 是美方近期在委附近海域实施拦截的第三艘油轮。 ...

Group 1 - The core viewpoint of the article highlights that COSCO Shipping Energy (01138) has seen a significant stock price increase of 6.34%, reaching HKD 7.71, with a trading volume of HKD 80.81 million [1] - Eight OPEC+ countries are set to hold an online meeting to decide on oil production for October, with potential plans to withdraw approximately 1.65 million barrels per day from production cuts, which represents 1.6% of global demand, ahead of the original schedule by over a year [1] - Huayuan Securities anticipates a notable improvement in the oil transportation market's outlook by Q4 2025 due to the accelerated increase in OPEC+ production [1] Group 2 - Bank of America Securities reports that COSCO Shipping Energy's operational performance in the first half of the year met expectations, with net profit exceeding forecasts primarily due to one-time gains [1] - The bank has raised its profit forecasts for 2025 to 2027, reflecting the favorable conditions for the crude oil tanker market resulting from OPEC+ production increases and tightening U.S. sanctions [1] - The bank maintains a "Buy" rating on the company, viewing it as a major beneficiary of the tanker market recovery, and believes that the current valuation does not fully reflect the expected return on equity for shareholders in 2025 to 2026 [1]

Group 1 - Zhongyuan Shipping (01138) saw a stock increase of over 6%, reaching HKD 7.71 with a trading volume of HKD 80.81 million [1] - Eight OPEC+ countries are set to hold an online meeting to decide on October's oil production, with potential plans to withdraw approximately 1.65 million barrels per day from current cuts, equating to 1.6% of global demand, ahead of the original schedule by over a year [1] - Huayuan Securities anticipates a significant improvement in the oil shipping market's outlook by Q4 2025 due to the acceleration of OPEC+ production increases [1] Group 2 - Bank of America reported that Zhongyuan Shipping's operational performance in the first half of the year met expectations, with net profit exceeding forecasts primarily due to one-time gains [1] - The bank has raised its profit forecasts for 2025 to 2027, reflecting favorable conditions for the crude oil tanker market due to OPEC+ production increases and tightening U.S. sanctions [1] - The bank maintains a "buy" rating, suggesting that Zhongyuan Shipping will be a major beneficiary of the tanker market recovery, and believes that the current valuation does not fully reflect the expected shareholder return rates for 2025 to 2026 [1]

Core Viewpoint - Bank of America Securities reports that China Merchants Energy Shipping Company (600026)(01138) performed in line with expectations in the first half of the year, with net profit exceeding expectations mainly due to one-time gains [1] Financial Performance - The company has adjusted its earnings forecasts for 2025 to 2027, reflecting the positive impact of OPEC+ production increases and tightening U.S. sanctions on the crude oil tanker market [1] - The target price for H-shares has been raised from HKD 7.5 to HKD 7.9, while the target price for A-shares (600026.SH) has been increased from RMB 13 to RMB 13.6 [1] Investment Outlook - The firm maintains a "Buy" rating, believing that the company will be a major beneficiary of the recovery in the tanker market [1] - The current valuation is seen as not fully reflecting the return on equity (ROE) prospects for shareholders in 2025 to 2026 [1]