A collective outbreak, the shipping and port industry welcomes good news.

On May 13th, the concept of maritime ports triggered a surge in stock prices. As of the closing, Lianyungang Port (601008.SH), Nanjing Port (002040.SZ) hit the upper limit; Ningbo Marine (600798.SH), Ningbo Ocean Shipping (601022.SH), Haitong Development (603162.SH), and Phoenix Shipping (000520.SZ) hit the upper limit. Jinjiang Shipping (601083.SH), Xiamen Port (000905.SZ), Chongqing Port (600279.SH), and Beibu Gulf Port (000582.SZ) and other stocks rose by more than 5%.

Company representatives have told reporters from The Paper that the statement on tariff reduction sends a positive signal to the shipping and port industry.

Company Secretary: The reduction in tariffs sends a relatively positive signal.

On the afternoon of May 13th, a journalist from The Paper, posing as an investor, called the Ningbo Marine Transport's designated department. The person who answered the call indicated that the stock price surge might be related to the United States' announcement of tariff reductions, and that the company currently has no proactive actions related to this. The person who answered the call at the Ningbo Ocean Transport's designated department stated that it is unclear whether the surge is related to the announcement of tariff reductions, as the company does not operate on the American line, and the stock price may also be influenced by many other factors. The person who answered the call at the Lianyungang Port's designated department indicated that the reduction of tariffs could potentially send a more positive signal to the shipping and port industry.

The personnel from Haitong Development's agency department stated that the stock prices in the secondary market are influenced by various factors, and today's trading limit-up is certainly affected to some extent by the reduction of U.S. tariffs. However, the personnel also pointed out that the company is not involved in container business, and the impact of tariff adjustments on the company's dry bulk business development is not that significant.

The personnel of COSCO Specialized Agencies Department said that they personally believe the recent stock price increase may have some relationship with the adjustment of tariffs. The tariff policy has recently changed very quickly, which will affect the volume of cargo on the US line. When tariffs are high, there will be concerns about transportation to the US. When the policy relaxes slightly, the expectations for the volume of US cargo will be better. However, the direct business proportion of Specialized to the US is very low, far below 5%, and the impact of policy changes is not that direct.

The representatives mentioned above indicated that the overall impact of the tariff reduction would be greater for companies with container transportation business to the United States. However, the reporter was unable to successfully reach the representative department of the shipping giant COSCO Shipping Holdings.

COSCO Shipping Holdings Co., Ltd. said in an investor exchange on April 15 that, for now, tariff policies are complex and changeable. The United States has imposed additional tariffs on many countries, leading to increased import costs in the United States, an increase in the wait-and-see sentiment of U.S. line customers, and it is expected to affect the loading rate of vessels on the Trans-Pacific route in the short term. In the medium to long term, the impact of related events on the industry still has a large degree of uncertainty. The company will maintain high attention, closely monitor, actively respond, and make adjustments in a timely manner. COSCO Shipping Holdings is committed to building a safe, resilient, and efficient global supply chain system. In the future, it will accelerate the development of globalization and scaling in a more forward-looking and systematic manner, speed up the transformation to digital intelligence and green low-carbon, and respond to uncertainty with the certainty of high-quality development, striving to provide better services to customers and create greater value for shareholders.

Freight forwarders say that the US route is facing a concentrated shipment, and the space is tight.

\The U.S. line capacity is full!\ A Shenzhen-based ocean freight forwarder told The Paper reporter on May 13, as soon as the news of the tariff reduction came out yesterday, the capacity for the U.S. line in the second half of the month was quickly filled, with a last-minute adjustment pushing prices up, and the freight rates have been rising since the afternoon of the 13th.

\The news of tariff reduction is a major boost, and overall, some pressure has been alleviated,\ said the person in charge of a foreign trade factory that makes outdoor rooftop tents, indicating that they will first digest the inventory, but the price of subsequent orders will need to be renegotiated with American customers. \Previously, the person in charge told reporters that since the products produced were entirely developed for the overseas market, they could only wait and see.

A freight forwarder in the Shanghai area told the reporter that previously the shipping company withdrew ships, leading to a shortage of space on the US line. With the news of tariff adjustments, it is expected that there will be a wave of concentrated shipments next week. \We (freight forwarders) are now occupying the space for the second half of the month, waiting for customer news. Usually, shipping companies need to restore the deployment of US line capacity, and it is expected that there will be a significant increase in the US line from late May to June.\

The person in charge of the giant freight forwarder Kuehne + Nagel China told the reporter that customers who were waiting and seeing before will start shipping goods gradually. Previously, shipping companies allocated the US line's capacity to other routes, and now they need to readjust again. However, the shipment of e-commerce small parcels is still affected.

For the development expectations of the shipping US line, the research report released by COFCO Futures on May 13 pointed out that for the container shipping routes from the Far East to Europe and America, the market pattern that may follow is: the repair of weak reality and the strengthening of expectations, transitioning from negative feedback to positive feedback. The substantial progress made in the negotiations between the two countries yesterday is likely to have a strong reversal effect on the previously pessimistic expectations, that is, first the enhancement of expectations, followed by the improvement of the market supply and demand reality, with the two influencing each other to move the market from negative feedback to positive feedback. The cargo volume squeezed on the US line begins to be shipped in large quantities, a certain degree of rush shipping due to future concerns, the seasonal increase brought by the arrival of the peak season, and the overall restocking demand in the United States all arrive at the same time, causing the US line to suddenly face a tight supply of transportation capacity (shipping companies need time to consider recalling transportation capacity to the US line), a state of supply not meeting demand; the pressure on European line transportation capacity is reduced, the marginal repair of the economic demand momentum on the China-Europe side, and the expectations for the peak season return.