大行評級|摩根大通:予中遠海能“增持”評級及目標價12港元
摩根大通發表研究報吿,首次覆蓋中國油輪航運商,給予中遠海能“增持”評級,目標價12港元。摩通認為,煉油廠產能與與消費者需求地理位置錯位,以及油品貿易的重組,令油輪運輸的噸英里(ton-mile)需求呈現結構性增長,加上供應提升空間受限,預料將帶動油輪航運業包括成品油輪和原油輪迎來一個較長期的上升週期。該行解釋,由於OPEC+減產協議解除、更多油輪避開紅海及中東緊張局勢升級地區,將令噸英里進一步上升,假設所有通常經蘇彝士運河過境的油輪全部改道好望角,原油及產品的平均航程料將增加10%及17%。
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