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The News     Saturday, 04 September 2010
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Issue of the Week
In the blue corner, Maersk: in the red corner Argos
Shipping, like stock markets, is driven by two emotions: fear and greed.
But seldom have these raw emotions become more apparent than in the roller coaster ride of liner shipping in the past 18-months.
Indeed, the love-hate relationship between carrier and shipper plunged to a watershed low this week with the news leaked to the UK Independent newspaper that a major UK retailer had filed a breach of contract suit in the High Court against number one-ranked Maersk Line.   
03/09/2010 Global Shipper
News
Japanese Government toughens its sanctions on Iran
03/09/2010 Asia Regulations
Norbert Dentressangle gets into forwarding
03/09/2010 Global Logistics
Zim Line a first with Ho Chi Minh
03/09/2010 Asia Northern Europe Services
'New' Eimskip sails into profit
03/09/2010 Northern Europe Financial
Maersk also going for growth in N.Europe/Med tradelane
03/09/2010 Mediterranean Northern Europe Services

More News
Trade & Market Indicators

 Exchange Rates

CurrencyExchangeRate% Change
USDEUR0.7824-0.77
USDGBP0.6484-0.20
USDJPY84.280.06
USDCNY6.80050.03
USDSGD1.3488-0.47
USDAUD1.1047-1.67
USDZAR7.3222-0.62
USDBRL1.7450-0.48

Closing Price (Thursday, 02/09/2010)
Source: www.oanda.com

 Conference/Rate Agreements

DateConference/Rate Agreements20ft40ftCurrencyRemarks
01/10/2010Canada Pacific West Coast South America Agreement150300USDGRI: Southbound shipments
01/10/2010Canada Westbound Transpacific Stabilization Agreement160200USDGRI: To all destinations except Bangladesh, Pakistan and Sri Lanka
01/10/2010Canada Westbound Transpacific Stabilization Agreement240300USDGRI: To Bangladesh, Pakistan and Sri Lanka
01/10/2010Canada Westbound Transpacific Stabilization Agreement400500USDGRI: Reefers ex Montreal to all destinations
01/10/2010Canada Westbound Transpacific Stabilization Agreement200300USDGRI: Reefers ex Halifax and Vancouver to all destinations except Bangladesh, Pakistan and Sri Lanka
01/10/2010Canada Westbound Transpacific Stabilization Agreement400500USDGRI: Reefers ex Halifax and Vancouver to Bangladesh, Pakistan and Sri Lanka
  More

 Key Share Prices

CompanyPriceCurrency% Change
Agility/PWC Logistics445KWD-1.11%
AP Moller-Maersk A44,390DKK7.17%
AP Moller-Maersk B45,370DKK6.50%
Asciano1.7AUD1.80%
BNSFUSD-100.00%
Braemar Shipping Svcs472.5GBP5.00%

Sources: Group company websites and relevant stock exchanges

  More

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