汇丰银行-股票保险-shipping freight update container jumped on rate hikes；dry bulk rebounded-20170703-hsbc.pdfVIP

3 July 2017   Shipping Freight Update EQUITIES MARINE Container jumped on rate hikes; dry bulk rebounded Global  Shanghai Containerised Freight Index jumped w-o-w, driven Parash Jain* by higher spot rates for all major trade lanes on rates hikes Head of Transport Research, Asia-Pacific The Hongkong and Shanghai Banking Corporation Limited  BDI rebounded led by a recovery in capesize freight rates parashjain@.hk +852 2996 6717  Buy: Maersk; Reduce: COSCO Shipping, Hapag-Lloyd and Edward Stanford* Analyst Yang Ming; Hold: Evergreen and Pacific Basin HSBC Bank plc edward.stanford@ +44 207 992 4207 Shanghai Containerised Freight Index (SCFI) jumped 11% w-o-w, driven by Louis Pang* higher spot rates for major trade lanes. Tran