Report Summary 1. Report Industry Investment Rating - No information provided in the report. 2. Core View - The report provides daily data on the passage and freight rates in the Strait of Hormuz, including the number of ships passing through, and the freight rates of VLCCs, product tankers, and container ships [4]. 3. Summary by Related Catalogs Strait Passage - On March 9, 2 ships passed through the Strait of Hormuz (with AIS on), the same as the previous day. As of 13:00 on March 10, 2 ships passed through in the past 24 hours (with AIS on), including 1 liquid bulk ship operated by MHK Shipping Corp [4]. VLCC Daily Freight Rates - On March 9, the freight rates from the Middle East to China and from West Africa to China were 14.36 and 13.28 dollars per barrel respectively, with daily-on-day changes of +0.9% and -2.9% compared to last Friday [4]. Product Tanker Middle East Shipment Daily Freight Rates - On March 9, the freight rates from Saudi Ras Tanura to Singapore LR (105kt) and from Saudi Ras Tanura to Yokohama, Japan (105kt) were updated to 6.81 and 11.64 dollars per barrel respectively, both down 3.7% compared to last Friday [4]. Container Shipping Freight Rates - According to the data released by the Tianjin International Trade and Shipping Service Center at 11:00 on March 10, the TCI Tianjin - Persian Gulf basic port index rose 10.4K to 942.8 points, and there was no freight rate record, possibly due to the stagnation of Middle East shipments. The freight rate from Tianjin to European basic ports was 2991.4 dollars/FEU, with the index rising 28 compared to the previous day. The freight rates from Tianjin to the western and eastern Mediterranean basic ports were 3790.8 and 3936 dollars/FEU respectively, with the index rising 2.4% compared to the previous day [4].