B[Shanghai International Shipping Research Center: The development trend of the shipping market is expected to remain stable in the fourth quarter] On October 10th, the Shanghai International Shipping Research Center released the China Shipping Prosperity Report for the third quarter of 2026. The report shows that in the third quarter of 2026, China's shipping prosperity index was 122.26 points, a decrease of 3.97 points from the previous quarter, maintaining a relatively prosperous range; China's shipping confidence index was 158.27 points, an increase of 9.62 points from the previous quarter, rising to a relatively strong prosperity range, and the operating conditions of shipping companies are still improving. Looking forward to the future, Zhou Dequan, director of the China Shipping Prosperity Index Compilation Office, told a Securities Times reporter that China's shipping prosperity index is expected to be 119.5 points in the fourth quarter of 2026, a decrease of 2.76 points from the third quarter and falling to a relative prosperity range; the overall development trend of the shipping market in the fourth quarter is expected to remain stable. B[The earthquake in Panama has injured 27 people and there are no reports of deaths yet] On October 10, Panama’s National Civil Defense System issued the latest announcement on October 9, local time. So far, no deaths or missing persons have been reported in the earthquake that occurred in Panama on the 9th. The earthquake caused minor injuries to 27 people. Buildings, bridges, and roads were damaged in many provinces and cities including Veraguas and Cocle in Panama, and power was cut off in some areas. At 12:56 local time on October 9, a 7.6-magnitude earthquake occurred in Panama. The earthquake was strongly felt in the capital, Panama City, and other places. Shortly after the earthquake, the country experienced multiple aftershocks of magnitude 5 or above. After the earthquake, according to two official notices provided by the Panama Canal Authority, the earthquake and subsequent aftershocks did not affect the normal operation of the Panama Canal, and ship traffic remained normal. (CCTV News) B[Salaries of crew members in the Strait of Hormuz have skyrocketed several times, and the situation in the Middle East has caused the insurance premiums of very large oil tankers to soar.] On October 7, attacks on cargo ships continued in the Strait of Hormuz and surrounding areas, casting a shadow on the recovery of crude oil exports from the Middle East. This also forced shipowners to retain crew members with higher risk compensation. According to a report by the Financial Times, tanker captains who currently undertake navigation missions in the Strait of Hormuz can be paid up to US$100,000 per month, and receive an additional bonus of US$50,000 each time. Ordinary crew members are also paid 4 to 6 times the normal level. For comparison, under normal circumstances, the captain's monthly salary is about 15,000 US dollars, and the monthly salary of ordinary crew members is only about 1,500 US dollars. Currently, oil tanker owners need to pay insurance premiums of 6% to 10% of the hull value for a single entry into the Strait of Hormuz. The maximum insurance premium for a single voyage of a very large oil tanker may reach US$20 million. (CCTV Finance) B[On the sixth day of the National Day holiday, the cross-regional flow of people across society will exceed 300 million people] October 6th, today is the sixth day of the National Day holiday, and the return tourist flow from various places remains high. According to the Ministry of Transport, the number of cross-regional personnel movements in society is expected to exceed 300 million. Today, the country's railways are expected to carry 22.1 million passengers, and plan to open 2,199 additional passenger trains. In terms of highways, the return traffic flow is scattered and released. Today, there are 44 highway sections across the country prone to congestion, mainly concentrated in Jiangsu, Guangdong, Hunan, Anhui and other provinces. The national civil aviation passenger volume today is expected to reach 2.471 million passengers. Popular routes mainly include Shenzhen-Shanghai, Beijing, Hangzhou; Shanghai-Guangzhou, Beijing, etc. In terms of waterways, waterway passenger volume is expected to be 1.39 million, a year-on-year increase of 25.3%.
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