Shanghai Shipping Exchange: Last week, freight rates on most routes rose slightly. The future situation in the Middle East still faces significant uncertainty.

The weekly report from the Shanghai Shipping Exchange noted that last week, China's export container shipping market remained stable, with freight rates on most routes experiencing a slight increase, driving up the composite index. Last Friday (March 8), the Shanghai Export Container Composite Freight Index stood at 1,954.21 points, representing a 2.2% increase from the previous period. The report highlighted that the military conflict in the Middle East has continued to observe a ceasefire, resulting in a relatively stable geopolitical situation; however, uncertainties about future developments remain significant.

AASTOCKSMay 11 12:05

Reports indicate that a French container ship successfully crossed the Strait of Hormuz, and Iran has begun providing ships with food, fuel, and other services.

Bloomberg reported, citing vessel tracking data, that CMA CGM Saigon, a smaller container ship operated by French shipping giant CMA CGM, was last tracked in the Persian Gulf on Tuesday afternoon (5th) and reappeared near the coast of Oman on Wednesday (6th), with its destination showing as Colombo, Sri Lanka. This indicates that the CMA CGM Saigon is one of the few Western European vessels to have safely traversed the Strait of Hormuz since the outbreak of conflict between Iran and the United States. Additionally, Iranian media recently reported that Iran has taken action in the Strait of Hormuz and nearby areas.

AASTOCKSMay 7 16:41

Orient Overseas (International) Stock Rallies 1.1% in Hong Kong

Dow JonesMay 7 16:33

May's Hong Kong stock 'Dividend Ex-Date List': A comprehensive review of 10 high-yield stocks, with the highest dividend per hand at HKD 1,638.

Looking to select companies in May that will pay dividends in the future?

Futu NewsApr 30 17:09

OOIL (00316) plans to construct 12 vessels with a budget of 2.22 billion US dollars.

Orient Overseas International (00316) announced that on April 29, 2026, the buyers (12 indirectly wholly-owned subsidiaries of the company) respectively entered into shipbuilding contracts with the sellers, China Shipbuilding Trading and Hudong-Zhonghua, for the construction of their respective vessels under substantially identical terms. The total price amounted to USD 2.22 billion.

Zhitong FinanceApr 29 19:03

Orient Overseas (International) Stock Climbs 1.9% in Hong Kong

Dow JonesApr 29 16:33