According to reports, LIAONING PORT (02880) has seen its shares rise over 5%, currently up 4.35% at HKD 0.96 with a trading volume of HKD 113 million. Recently, a reporter learned from the LIAONING PORT Group that the Dalian Port grain terminal, as a vital maritime route for grain transport in Northeast China, has innovated its operations to enhance synergy and actively expanded its grain logistics. So far this year, the grain terminal at Dalian Port has achieved a nearly 40% year-on-year increase in cargo throughput, with domestic corn throughput skyrocketing over sixfold.

This surge follows a recovery in the domestic corn market, prompting the Dalian Port grain terminal to introduce a new business model using open-top containers to streamline operations and significantly boost grain turnover efficiency, thereby attracting a substantial influx of shipments to the port. Furthermore, when LIAONING PORT disclosed its mid-year report, it highlighted that the significant performance growth in the first half was primarily driven by increased revenues from oil products and container businesses, higher investment gains from joint ventures, and recoveries of long-term receivables that reduced credit impairment losses.

Additionally, it is noteworthy that Haitong Securities commented on the reciprocal port fees between China and the United States and their influence on shipping. In the short term, shipping companies may reassess their global fleet deployments and port calls to mitigate related costs, which could disrupt supply chains and push up freight rates. With the shipping and bulk cargo sectors experiencing an upswing, port fees are likely to be passed on to customers. If these fees continue to be imposed, it could systematically raise the central price levels for global oil and bulk shipping rates.