责任编辑：山上 股票频道更多独家策划、专家专栏，免费查阅>> 航运概念集体高开，中远海能、招商轮船涨停价开盘，招商南油、中远海控、宁波远洋、中远海发跟 涨。消息面上，2026年2月23日 波罗的海干散货指数(BDI)报 2112 点，创2026年2月2日以来新高水平。 此外，上期所欧线集运主力合约大涨7%，报1326点。 ...

港口航运板块盘初冲高，招商轮船盘中创新高，中远海能、招商南油涨停，宁波远洋、中远海特、国航 远洋、南京港、宁波海运跟涨。 ...

Investment Rating - The report maintains a positive outlook on the shipping industry, particularly focusing on oil transportation and shipbuilding sectors, recommending stocks such as ST Songfa and China Merchants Energy [4]. Core Insights - The report highlights a strong performance in oil shipping, with VLCC TCE rates rising by 24% to $146,385 per day, and a significant increase in demand leading to higher freight rates [4]. - The global energy chain's valuation is on the rise, driven by long-term capacity utilization and mid-cycle profit expectations, suggesting a favorable environment for shipping rates [4]. - The report emphasizes the resilience of the dry bulk market, with the BDI index recording a slight increase of 1.19% to 2,043 points, indicating stable demand despite seasonal fluctuations [5]. Summary by Sections Shipping Market Performance - The shipping index decreased by 1.41%, underperforming the CSI 300 index by 1.77 percentage points, with the aviation sector experiencing the largest decline at -5.16% [5]. - The report notes that the coastal dry bulk freight index in China fell by 1.76%, while the Baltic Dry Index increased by 1.19% [5]. Oil Transportation - VLCC rates reached a new high of approximately $160,000 per day during the Spring Festival, with expectations for continued strength in the coming weeks [4]. - The report indicates that the average VLCC freight rate increased by 23% week-on-week, reaching $149,564 per day, reflecting tight capacity and strong demand [4]. Dry Bulk Market - The report mentions that the Capesize freight rate decreased by 4.1%, while the Panamax index showed resilience with a 3.5% increase [4]. - The report anticipates that post-holiday demand recovery will be crucial for the dry bulk market, particularly in iron ore shipments [4]. Air Transportation - The report suggests that the airline industry is at a turning point, with potential for significant profit growth due to increased passenger volumes and operational efficiencies [4]. - Airlines such as China Eastern Airlines and Spring Airlines are highlighted as key players to watch in this sector [4]. Express Delivery - The report notes uncertainties in the express delivery sector due to fluctuating demand and competitive pressures, but highlights the strong market position of leading companies like ZTO Express and YTO Express [4]. Rail and Road Transportation - Rail freight volumes and highway truck traffic are reported to be resilient, with the Ministry of Transport data showing a slight decrease in freight volume but overall stability [4]. - The report identifies two main investment themes in the highway sector: high dividend yields and potential value recovery in undervalued stocks [4].

经济观察网 中远海能（600026）近期有多项公司治理、业务拓展和市场动态事件值得关注，以下基于 公开信息整理： 机构评级更新：财通证券于2026年2月9日首次覆盖并给予"增持"评级；高盛在2月5日上调港股目标价至 16港元，预计运价仍有上行空间；国泰海通证券指出，高运价可能推动2026年第一季度盈利同比大幅增 长。 行业与风险分析 行业景气度：上海航运交易所数据显示，2026年2月初VLCC运价维持在12万美元/天以上，供给端新船 订单占运力比例较低（2025年末为10.6%），地缘政治因素加剧运力紧张。 公司治理与供应链 新船投资计划：2026年1月27日，公司临时股东会审议通过投资新造多艘船舶的议案，包括1艘9000立方 米乙烯运输船、4艘11万吨级油轮以及12艘MR型和2艘LR1型油轮，以优化船队结构。 子公司增资与租赁项目：2026年1月30日，董事会批准对全资子公司上海LNG追加增资约3.4亿美元，用 于建造2艘LNG运输船；同时通过长期光租租入3艘大型气体船并期租给第三方，租期20年，光租租金 约51亿元，期租租金约88亿元。 公司章程修订：2026年1月26日，董事会根据2025年定向发行股票 ...

受马年春晚带动，机器人火速"出圈"，机器人概念股爆发，越疆涨超21%，首程控股涨近12%，速腾聚 创涨超9%。 编辑|金冥羽 易启江 校对|程鹏 2月20日，港股迎来农历马年第一个交易日。三大指数集体下跌。截至收盘，恒生指数跌1.1%，报 26413.35点，恒生科技指数跌2.91%，国企指数跌1.22%。 科网股多数下跌，百度集团跌超6%，金蝶国际、哔哩哔哩跌超5%，阿里巴巴跌4.91%，网易跌4.27%， 小米集团、中芯国际跌超3%，美团跌1.58%，腾讯控股跌2.06%。 石油概念股上涨，中远海能（600026）涨6.34%，中国石油股份涨3.7%，中国海洋石油涨2.23%。消息 面上，国际油价近期走高，市场忧虑美国与伊朗紧张局势升级，两国在中东产油区加强军事活动。 值得一提的是，智谱尾盘涨幅扩大至42.72%，股价报725港元，总市值达3232亿港元。2月以来累计大 涨220.51%。 ...

消息面上，据报道，美军在约旦、沙特、巴林、阿联酋等多国部署了战机、预警机和无人机等力量。此 外，美国总统特朗普正考虑对伊朗实施一次"有限规模"的军事打击，以迫使其接受美国提出的核协议要 求。值得注意的是，此前有报道称，美国考虑扣押涉伊朗油轮以施压。 国泰海通证券发布研报称，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。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，该行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。 来源：新浪港股 港股航运及港口概念股走高，中远海能再涨近6%，年初至今升近90%，截至发稿，涨5.81%，报18.2港 元，成交额近1亿港元。 | 航运及港口 | | | | --- | --- | --- | | 2613.1521+46.157 +1.80% | | | | * 7 月 日 9 | | | | 最高价 2621.779 | 开盘价 2610.159 | 成交量 2728.42万 | | 最低价 2598.791 | 昨收价 2566.995 | 成交额 3.4 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 中远海能（01138）盘初涨超7%，截至发稿，股价上涨6.16%，现报18.26港元，成交额8498.97万港元。 客户端 中远海能（01138）盘初涨超7%，截至发稿，股价上涨6.16%，现报18.26港元，成交额8498.97万港元。 国泰海通证券发布研报称，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。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，该行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。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 国泰海通证券发布研报称，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。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，该行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。 责任编辑：卢昱君 ...

智通财经APP获悉，中远海能(01138)再涨超7%，截至发稿，涨4.48%，报17.97港元，成交额3912.63万 港元。 国泰海通证券发布研报称，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。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，该行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。 消息面上，据报道，美军在约旦、沙特、巴林、阿联酋等多国部署了战机、预警机和无人机等力量。此 外，美国总统特朗普正考虑对伊朗实施一次"有限规模"的军事打击，以迫使其接受美国提出的核协议要 求。值得注意的是，此前有报道称，美国考虑扣押涉伊朗油轮以施压。 ...

Core Viewpoint - The stock price of COSCO Shipping Energy Transportation Co., Ltd. (01138) rose by 5.35% to HKD 17.12, with a trading volume of HKD 46.04 million, indicating positive market sentiment towards the company amid rising oil shipping rates and geopolitical tensions [1][3]. Group 1: Market Sentiment and Price Movement - The stock price of COSCO Shipping Energy increased by 5.35% to HKD 17.12, with a trading volume of HKD 46.04 million [1][3]. - Geopolitical tensions since 2026 have heightened shipowners' sentiment, contributing to the recent high oil shipping rates [5]. Group 2: Industry Outlook - The company is advised to monitor the upward trend in shipping rates, which are expected to increase significantly year-on-year, with projections indicating that tanker profits in Q1 2026 will surge several times compared to previous years [5]. - The outlook for oil shipping is characterized as a "super bull market" rather than a short-term reaction to geopolitical events, suggesting a long-term growth trajectory [5]. - Global crude oil production increases are anticipated to drive demand for oil shipping, while the aging fleet of tankers will ensure a rigid supply of compliant capacity [5]. - Attention is drawn to changes in the gray market, as geopolitical situations may provide unexpected supply-demand options [5].

Core Viewpoint - China Merchants Energy (01138) has seen a stock price increase of over 5%, currently at 17.1 HKD, with a trading volume of 42.4864 million HKD, driven by heightened shipping sentiment due to geopolitical tensions and sustained high oil shipping rates [1] Group 1: Market Sentiment and Price Trends - Geopolitical tensions since 2026 have led to increased shipping sentiment among shipowners, with foreign shipowners intensifying their control over the rental market [1] - Recent oil shipping rates have remained high, indicating a potential for continued strong performance in the sector [1] Group 2: Profitability and Future Outlook - The company is expected to see a significant year-on-year increase in tanker profitability in Q1 2026, potentially by several times [1] - The long-term outlook for oil shipping is characterized as a "super bull market," driven by ongoing global crude oil production increases and the aging of tankers ensuring a rigid supply of compliant capacity [1] Group 3: Market Dynamics - The company should monitor changes in the gray market, as geopolitical situations may provide unexpected supply-demand options [1]