[The shipping sector bucked the trend and rose, Jinjiang Shipping approached its daily limit] On October 30, the shipping sector bucked the trend and rose in early trading, with Jinjiang Shipping approaching its daily limit, Air China Ocean Shipping, COSCO Shipping Holdings, COSCO SHIPPING Energy, and China Merchants Shipping. On the news, on October 29, Maersk issued an announcement announcing an increase in freight rates for routes from the Far East to Northern Europe and the Mediterranean. The new rates will take effect from November 16, 2026. Since mid-October, CMA CGM, Maersk, Hapag-Lloyd and Mediterranean Shipping Company have successively announced that they will increase the FAK freight rate from the Far East to Europe/Mediterranean/North Africa to US$4,200-4,500/FEU starting from October 19.