大行評級丨高盛:油輪供應受限運費有上行風險 予中遠海能“買入”評級
高盛發表研究報吿指,美國拜登政府上週四(9日)宣佈對俄羅斯能源部門施加廣泛制裁,針對生產商、運輸商、交易商和保險公司。該行的商品團隊估計,受新制裁影響的船隻在2024年每日運輸170萬桶的石油,約佔俄羅斯出口的25%,其中絕大部分為原油。該行指,不對制裁發表看法,認為油輪運費率存在上行風險,主要考慮到受制裁的石油出口需要用合規貿易油替代,並由合規的油輪艦隊運輸,以及影子艦隊或加速退出等因素。該行預料,油輪供應可能受限,這將推高油輪的按期租合約對等基準收入(TCE),進而提升中遠海運能源的盈利,儘管這部分或會被船對船的石油轉運和中轉部分抵銷。該行對公司H股的目標價為8.9港元,評級“買入”。
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