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BALTIC PANAMAX INDEX
JOC Staff |
May 22, 2000CURRENT: 1570 PREVIOUS DAY: 1567 DOLLARS/ DESCRIPTION
Maritime
COVERING BONDS IN NEW MARKETS
Richard Barovick |
Sovereign Risk Insurance in Bermuda is offering a political risk insurance policy tailored specifica
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
HAPAG-LLOYD AG ADDS TWO NEW VESSELS TO FLEET, BOLSTERS GRAND ALLIANCE
Robert Koenig |
Germany's Hapag-Lloyd AG, which christened two new 4,890-TEU container vessels on Friday in Korea, i
Maritime
KLM SEEKS PARTNER WITH CARGO FOCUS
Bruce Barnard |
Even as KLM unravels its traumatic short-lived joint venture with Alitalia, it's on the lookout for
Air Cargo
SOUTHWEST GEORGIA TO BUY HARRELL AGENCY
JOC Staff |
Southwest Georgia Financial Corp. plans to buy Harrell Insurance Agency, of Camilla, Ga., for an und
PANEL OKS BILL TO END ELECTION OF COMMISIONER
JOC Staff |
A constitutional amendment has been approved by a legislative committee that would make the elected
ALLIANZ'S NET CLIMBED IN FIRST QUARTER
JOC Staff |
German insurer Allianz reports profit rose to 2.2 billion euros ($1.95 billion), compared with the 1
BUYER'S MARKET: DEPRESSED CONDITIONS PUT LID ON COMMERCIAL INSURANCE RATES
Ronald Gift Mullins |
Commercial insurance buyers should benefit from a significant deterioration in underlying operating
SWISS VOTE TO TEAR DOWN TRANSPORT BARRIERS WITH EU
Bruce Barnard |
Two airlines and hundreds of trucking companies were the major winners after Swiss voters on Sunday
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Ma
Maritime
SPOT COMMODITIES
JOC Staff |
MAY 22, 2000Included are list prices of suppliers. Quotations do not necessarily represent p
EMIRATES AIRLINES MAY EXPAND FLEET
JOC Staff |
Emirates Airlines said it is considering adding two Airbus A3XX freighters to its fleet.Chai
DRUG-RUNNERS TARGET MIAMI RIVER
Associated Press |
The decrepit freighters carry disheveled piles of old tires, bicycles and mattresses - cargo for the
Maritime
PURCHASE STRENGTHENS HOLLYWOOD TIES
William Armbruster |
Target Logistics Services, seeking to broaden its business with Hollywood, has acquired Vandair, a n
BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILYNO. 1 43,000 Continen
Maritime
API WEEKLY REPORT
JOC Staff |
THOUSANDS OF BARRELSWEEK WEEK WEEK ENDED ENDED ENDED
ALASKA'S BUSY AIRPORT HAVING GROWTH SPURT
Ian Putzger |
Anchorage International Airport, Alaska's premier cargo gateway, is in expansion mode.A 100,
Air Cargo
FIRST-QUARTER PROFIT ROSE AT 21ST CENTURY
JOC Staff |
21st Century Holding Co. reported record revenue for first-quarter 2000 of $9 million, vs. $6 millio
QUOTE TO NOTE
JIM GALLIGAN, Vice president of marketing Mitsui O.S.K. Lines |
'Carriers don't move ships around because they want to. They do it because shippers want it.'
Maritime
HUB GROUP WITHDRAWS OFFER TO SELL HGDS
JOC Staff |
Hub Group Inc. said that the letter of intent to sell its interest in Hub Group Distribution Service
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
May 22, 2000PREV.CLOSE HIGH LOW VOL. CLOSEMay --
Maritime
FAA ORDERS INSPECTIONS OF BOEING 767 AIRCRAFT
Associated Press |
The Federal Aviation Administration is ordering U.S. airlines to conduct emergency inspections of 12
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
Maritime
ELECTRONIC "WATCHDOG' TALLIES LEGAL BILLS
John Leming |
Keeping an accurate account of legal costs from the beginning to the end of a lawsuit has become inc
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
May 18, 2000PREV.CLOSE HIGH LOW VOL. CLOSEMay 1575.0
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
FRONTIER INSURANCE TO SELL DIVISION
JOC Staff |
Frontier Insurance Group. plans to sell Regency Insurance Co. to Tomoka Re Holdings Inc., an affilia
DOLLAR'S RALLY PICKS UP SPEED
Gordon Platt |
The dollar's rally gained momentum last week, after the Federal Reserve raised interest rates by one
GRAIN DEALERS URGED TO BACK RAILS
Lawrence H Kaufman |
Grain is the third-largest commodity carried by railroads, and grain and feed dealers have a vested
Maritime
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
MAY 18, 2000U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
QUOTE TO NOTE
CLYDE J. HART JR., U.S. Maritime Administrator. Commenting on |
'I enjoy my job here. I enjoy the issues and I have no wish to leave.'
Maritime
PRIVATIZATION OF RAILROADS PUTS GRAIN ON TRACK VIA US-TO-MEXICO SHUTTLES
Lawrence H Kaufman |
The once inefficient and cumbersome grain trade with Mexico has become considerably more efficient s
Maritime
CHEMICAL PRICES
JOC Staff |
using joc chemical pricesMonday: Botanicals-Spices, Balsams-Gums, Waxes, Naval Stores.<
VESTA REPORTS PROFITABLE QUARTER
JOC Staff |
Vesta Insurance Group reported net income of $2.3 million for the first quarter, compared with a net
SHENZEN TO EXPAND CONTAINER SERVICES
P.T. Bangsberg |
Six more container berths will be added to the complex in Shenzhen adjacent to Hong Kong over the ne
Maritime
US INSURERS BACK CHINA TRADE BILL
Ronald Gift Mullins |
Major U.S. insurance trade associations are unified in supporting efforts to enact permanent normal
FUEL PRICES PUT LID ON KLM'S NET
Associated Press |
KLM Royal Dutch Airlines said its net profit for fiscal 1999 dropped sharply, mostly as a result of
US TO BACK IMMUNITY AT OECD MEETING
Peter M. Tirschwell |
After intense debate and maneuvering in Washington, the U.S. government will support maintaining oce
BALTIC HANDY INDEX
JOC Staff |
ROUTE SIZE TIMECHARTER TRIP WEIGHT $ DAILY NO.1 43,000 Continent
Maritime
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