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The News     Wednesday, 10 March 2010
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Issue of the Week
Building bridges over troubled waters?
Held within the shadow of the Port of Long Beach's 22% 2009 box downturn, and against the backcloth of the transpacific liners' nightmare cumulative USD15 billion loss-making 12-months, the JOC's 10th Transpacific Maritime Conference (TPM) this week degenerated into a war of words between shippers and carriers.
Indeed, in some instances debating sessions at the TPM parodied a Jerry Springer-style TV show: packed full of arguing by dysfunctional families. But soothing pragmatic words from an industry veteran may yet help to rebuild the bridges necessary for the long-term mutual interests of the shipper and the carrier.   
05/03/2010 Global Financial
News
Taiwan ports' 2009 volumes decline
10/03/2010 Asia Terminal
Asia-Europe cargo still rising
10/03/2010 Asia Mediterranean Northern Europe Shipper
DHL improves, but still remains financially challenged
10/03/2010 Global Financial
Striking Finnish dockers resume talks
10/03/2010 Northern Europe Terminal
Civil servant strike disrupts UK customs and coastguard
10/03/2010 Northern Europe Regulations

More News
Trade & Market Indicators

 Exchange Rates

CurrencyExchangeRate% Change
USDEUR0.7323-0.19
USDGBP0.66130.14
USDJPY90.330.14
USDCNY6.81700.01
USDSGD1.3987-0.17
USDAUD1.0976-0.34
USDZAR7.37950.24
USDBRL1.77812.93

Closing Price (Tuesday, 09/03/2010)
Source: www.oanda.com

 Conference/Rate Agreements

DateConference/Rate Agreements20ft40ftCurrencyRemarks
01/10/2010Canada Pacific West Coast South America Agreement150300USDGRI: Southbound shipments
01/07/2010Canada Pacific West Coast South America Agreement150300USDGRI: Southbound shipments
01/05/2010CMA CGM640800USDGRI: Asia and Indian Subcontinent to Vancouver (USD900/40ft HC;USD1015/45ft HC)
01/05/2010CMA CGM8001,000USDGRI: Asia and Indian Subcontinent to Mini Land Bridge (Montreal,Toronto), IPI and All Water (CY) USD1125/40ftHC;USD1265/45ft HC
01/04/2010Canada Pacific West Coast South America Agreement150300USDGRI: Southbound shipments
01/04/2010Evergreen Line350450USDGRR: North Europe to USEC
  More

 Key Share Prices

CompanyPriceCurrency% Change
Agility/PWC Logistics630KWD1.61%
AP Moller-Maersk A40,230DKK1.34%
AP Moller-Maersk B42,090DKK0.98%
Asciano1.82AUD-1.09%
BNSF100.21USD0.00%
Braemar Shipping Svcs435GBP3.57%

Sources: Group company websites and relevant stock exchanges

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