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How do rising shipping rates and export competition affect the external demand Sector?
The phenomenon of "grabbing exports" has caused a surge in shipping volume and prices on the US route. Institutions point out that although the shipping sector and exports to Europe may benefit in the short term, companies need to be cautious of the erosion of profits due to high freight rates.
Shipping giant Hapag-Lloyd: Container bookings from China to the USA increased by 50%.
Rolf Habben Jansen, CEO of Hapag-Lloyd, stated, "Capacity is expected to recover relatively quickly. In the coming weeks, larger vessels will be deployed again, and other companies may also increase capacity during the ongoing quarter."
12 Industrials Stocks Moving In Friday's After-Market Session
The shipping Sector surged again: leading stocks doubled in four days. How long will the transportation window period last?
Some Institutions indicated that the recent China-US negotiations on tariff reductions exceeded expectations, and with certain tariffs being postponed for 90 days, it is expected to create a window for urgent shipments.
Shipping rates for the USA have started to rise! USA customers are urging for shipments, and public companies are quickly replenishing their Orders.
Starting from May 14, both the USA and China significantly reduce bilateral tariff levels, implementing the important consensus reached in prior high-level economic and trade discussions. The export chain has already seen new changes, with American clients urging shipments and listed companies supplementing Orders becoming the main theme.
Hong Kong Stock Concept Tracking | US shipping is entering a super peak season, Goldman Sachs predicts that China's exports will explode in the next 90 days (includes concept stocks).
There is a "cabin rush" in the US shipping industry, and freight rates may continue to rise in the short term.
