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Cautiously optimistic on higher freight rates. Brent hovers near 110 aed my amid fears over tensions in egypt after they call for prayers today. Good morning, everyone. Youre watching a brandnew edition of Worldwide Exchange on this final trading day of the week. We are pretty flat one hour into the trading day after those big declines in yesterdays session. Not just on the european markets and also in terms of the u. S. And asian session. We have upbeat earnings reports from the likes of Moeller Maersk. Look at the shares right in the bottom lefthand corner, you see Moeller Maersk, the biggest gainer, up by 5. 5 . This is after the Company Beat Expectations with its Second Quarter numbers and also lifted its guidance for the shipping unit. Well be talking much more about Moeller Maersk later on in the session. I want to show you whats going on in the european markets in more detail. The ftse 100 still seeing a little underperformance, but not flat versus the big declines over the two

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