报告导读:油运景气持续上行已达四年。当下分歧巨大,我们看好未来供需继续向好与成就超级牛市。关注地缘局势对灰色市场影响,有望利好合规市场。建议淡季布局油运。油运长逻辑:从地缘冲突到原油增产,有望两阶段成就超级牛市。1)第一阶段:地缘冲突主导油运景气上行。2022年初俄乌冲突开启全球油运贸易重构,俄欧“舍近求远”驱动油运平均航距显著拉长及吨海里需求大增超一成,油运产能利用率升至阈值附近,景气实现跨年度...
Source Link报告导读:油运景气持续上行已达四年。当下分歧巨大,我们看好未来供需继续向好与成就超级牛市。关注地缘局势对灰色市场影响,有望利好合规市场。建议淡季布局油运。油运长逻辑:从地缘冲突到原油增产,有望两阶段成就超级牛市。1)第一阶段:地缘冲突主导油运景气上行。2022年初俄乌冲突开启全球油运贸易重构,俄欧“舍近求远”驱动油运平均航距显著拉长及吨海里需求大增超一成,油运产能利用率升至阈值附近,景气实现跨年度...
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