China Merchants Energy Shipping Co., Ltd. said recent freight rate increases reflect tighter short-term supply-demand dynamics in the market on Sep 7, with the company's board secretary Kong Kang telling an earnings call that the tanker market's prosperity and sustainability are expected to continue surpassing market expectations.Kong noted that market conditions vary across the company's business segments, adding that strong fourth-quarter performance is largely confirmed, with asset markets and medium-to-long-term freight markets already pricing in prosperity for 2027 and beyond.