COSCO SHIP ENGY (01138) rose over 3%. As of writing, the stock was up 3.41%, trading at HK$9.98, with a turnover of HK$32.645 million. Reports indicate that a small fleet of vessels chartered by Chevron is preparing to sail to Venezuela. Following the capture of Venezuelan President Maduro by U.S. forces, the company has become the country's sole oil exporter. Data shows that at least 11 tankers chartered by the U.S. oil major are scheduled to arrive this month at the Jose terminal and Bajo Grande port, which are under the control of the Venezuelan government. This preliminary data shows an increase compared to the 9 vessels recorded in December and marks the highest level since October, when 12 tankers loaded cargo there. Morgan Stanley released a research report stating that it believes COSCO SHIP ENGY's share price is likely to see an absolute increase over the next 30 days, as the recent pullback has made its short-term valuation more attractive. Morgan Stanley pointed out that against the backdrop of geopolitical dynamics, demand for legitimate tankers is rising, estimating the probability of this scenario occurring is approximately 70% to 80%, or "highly likely."