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According to data cited by Iran's Tasnim News Agency from Kpler, although the Strait of Hormuz was announced to have reopened on Friday, actual shipping that night was limited to authorized navigation routes and was far from returning to normal commercial free passage.Ship tracking data shows that on Friday evening, a convoy of about 20 vessels attempted to leave the Persian Gulf, but most quickly stalled or turned back, including three container ships operated by CMA CGM Group of France.As of early Saturday morning Beijing time, the majority of these vessels attempting passage had retreated, but tracking information detected several new oil tankers approaching the strait, creating an unusually congested traffic pattern at the channel entrance with both inbound and outbound vessels interweaving.Kpler assesses that while the market holds a "cautiously optimistic" attitude towards the reopening of the strait, actual supply chain tightness has not fundamentally eased, and a full recovery of trade confidence and shipping volume will require several months of adjustment.When clarifying passage conditions, senior Iranian officials stressed that commercial vessels, including those flying the US flag, may apply for transit, but their routes must be coordinated in advance with the Islamic Revolutionary Guard Corps and are limited to designated safe waterways; warships remain banned.The current halt of tanker navigation may be connected to unresolved risks of naval mines in the channel, and the shipping industry is generally waiting for clearer safety assurances. This "open but restricted" ambiguous state is expected to continue amplifying short-term volatility in crude oil freight rates.

BlockBeats News, April 18th, according to Ark Invest Tracker data, Cathie Wood's ARK Invest reduced its holdings of 11,465 shares of Circle stock (approximately $1.215 million) and 31,417 shares of Bullish stock (approximately $1.367 million) on April 17th.

According to Golden Ten Data on April 18, the Shanghai Shipping Exchange released the weekly report on China's export container shipping market, indicating that the future situation of the Middle East conflict still faces significant uncertainty. This week, China's export container shipping market remained generally stable, with freight rates on different routes continuing to show divergence, and the composite index saw a slight decline. On April 17, the Shanghai Export Containerized Freight Index stood at 1886.54 points, down 0.2% from the previous period. On the Persian Gulf route, the military conflict in the Middle East continues to maintain a ceasefire, with geopolitical conditions gradually stabilizing, but shipping through the Strait of Hormuz still faces considerable uncertainty. On April 17, the market freight rate (including ocean freight and surcharges) for Shanghai Port exports to major ports in the Persian Gulf was $4,031/TEU, down 3.3% from the previous period.