The shipping sector performed well in the first three quarters of the year, with 14 companies reporting impressive results. Some companies have already exceeded last year's full year net profit.

Benefiting from factors such as the international route freight rate increase and the significant rise in the container index futures, the stock prices of A-share port and shipping companies have experienced a strong upward trend. The price increase in the shipping market is mainly influenced by factors such as route restructuring, tight capacity, and supply-demand imbalance. Due to geopolitical and climate change factors, some international routes need to detour around the Cape of Good Hope, resulting in a significant increase in sailing time and fuel costs. In terms of demand, the global increase in oil production cycle has boosted transportation demand, and OPEC+ has implemented multiple production increases this year, leading to a significant increase in sea transportation of oil exports. This year, China's shipping industry has continued to receive policy support, with 14 companies achieving growth in net profit in the first three quarters, some of which have already exceeded the net profit for the whole of last year. Antong Holdings, Jinjiang Shipping, and Liaohan Stock have performed well, with growth rates of 311.77%, 64.76%, and 37.51% respectively.