Tensions in the Middle East are easing, leading to divergent trends in the shipping market: tanker freight rates are poised to rise, while container shipping rates on the Europe route may see a turning point next month.

Signs of easing tensions in the Middle East have emerged. According to Caixin reporters, if this détente materializes, it will boost demand for crude oil and refined product tanker transportation. Given limited tanker capacity, freight rates are likely to rise. In the container shipping market, freight rates on Europe-bound routes may reach a turning point in mid-to-late July.

cls.cnJun 15 18:50

Hong Kong Stocks Move Sharply | Shipping and Port Stocks Rally Collectively, COSCO Shipping Energy Surges Over 20% as Trump Announces Strait of Hormuz Open

Gelonghui, June 15 | Shipping and port stocks in the Hong Kong market rose collectively, with COSCO Energy surging over 20%, Yongli Investment and Asia Energy Logistics rising more than 7%, T.S. Lines and COSCO SHP SG gaining over 3%, Logwin Logistics and SITC International climbing over 2%, and Xiangxing International, COSCO SHIPPING Holdings, Gold Hero Group, COSCO SHP SG Ports, and Orient Overseas International all up more than 1%. U.S. President Trump stated that an agreement with Iran has been reached, approving free passage through the Strait of Hormuz and authorizing the immediate lifting of the U.S. Navy blockade on Iran. Following the signing of the agreement on Friday, the strait will reopen for oil transportation, allowing oil and gas to flow once again to the rest of the world!

Gelonghui FinanceJun 15 10:45

HK Stocks Alert | Lexun Logistics (02490) Surges Over 20% on Proposed 17% Discounted Share Placement to Raise Nearly HK$140 Million for Potential Strategic Acquisitions, Among Other Uses

Lexiang Logistics (02490) rose more than 20%. As of the time of writing, it was up 20.1% at HK$4.78, with a trading volume of HK$10.3164 million.

Zhitong FinanceJun 12 11:41

Lexiang Logistics (02490) proposes to issue 42,153,600 placement shares at a discount of approximately 17.09%.

Lecang Logistics (02490) announced that on June 11, 2026, the Company entered into a placing agreement with the joint placing agents, pursuant to which the joint placing agents have conditionally agreed to facilitate the subscription of 42,153,600 placing shares at an issue price of HK$3.30 per placing share by no fewer than six placees (whose ultimate beneficial owners will be independent third parties).

Zhitong FinanceJun 12 08:12

Container shipping stocks led the gains, with carriers showing strong willingness to raise rates; institutions noted that persistent port congestion will intensify freight rate volatility.

Container shipping stocks led the gains. As of the time of writing, Lexon Logistics (02490) rose 6.22% to HK$3.93; COSCO Shipping Holdings (01919) gained 5.26% to HK$14.82; Orient Overseas International (00316) increased by 4.29% to HK$140.90; and SITC International (01308) climbed 1.97% to HK$35.18.

Zhitong FinanceJun 5 09:49

LC Logistics Unit Enters Bareboat Charter to Lease Vessel; Shares Surge 6%

MT NewswiresJun 4 15:02