News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>BofAS Keeps Underperform on COSCO SHIP HOLD/ OOIL as Container Shipping Industry Yet to Pass Worst Phase
The container shipping industry has not yet passed its worst phase, and the pressure from oversupply and the reopening of the Red Sea route is likely to lead to an EBIT loss in 202...
Reset
Send
The window will close in 5 seconds
<Research>BofAS Keeps Underperform on COSCO SHIP HOLD/ OOIL as Container Shipping Industry Yet to Pass Worst Phase
Close
Recommend
16
Positive
23
Negative
15
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get NVDA share!

The container shipping industry has not yet passed its worst phase, and the pressure from oversupply and the reopening of the Red Sea route is likely to lead to an EBIT loss in 2026, BofA Securities said in its research report.

In BofA Securities' estimate, the container shipping industry will be dragged down by significant growth in vessel supply in 1H26 and will face increasing pressure from the prospect of the Red Sea reopening in 2H26.

BofA Securities has maintained an Underperform rating on COSCO SHIP HOLD (01919.HK)  +0.100 (+0.665%)    Short selling $59.33M; Ratio 166.201%   and OOIL (00316.HK)  -0.700 (-0.503%)    Short selling $38.14M; Ratio 151.980%   . It suggested that investors should pay close attention to negative news regarding the restoration of the Red Sea route and the risk of further declines in spot freight rates as port congestion eases and seasonal factors weaken.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.