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CROWLEY PREPARES NAVY SHIP FOR TOWING
Richard Horn |
With workers in hard hats replacing uniformed sailors, the famed USS New Jersey is being readied for
Maritime
API WEEKLY REPORT
JOC Staff |
THOUSANDS OF BARRELSWEEK WEEK WEEK ENDED ENDED ENDED09/3/99
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 9, 1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 26.
NEW YORK FINES PRUDENTIAL $1.5 MILLION
JOC Staff |
New York state regulators have fined Prudential Insurance Co. of America $1.5 million for violating
OFFICIALS TAKE PAINS TO EXPLAIN AUDITS
Jack Lucentini |
U.S. Customs officials Wednesday spelled out in new detail how they have revised the guidelines gove
Maritime
CHINA'S US MARKET SHARE COULD GROW
Paula L. Green |
Chinese apparel goods could gain a much larger share of the U.S. market over the next decade if Chin
Maritime
P/C INDUSTRY'S EARNINGS CONTINUE TO DIP
Ronald Gift Mullins |
The U.S. property/casualty industry's net income for this year's first half fell 3.5 percent, to $15
UPS VICE CHAIRMAN TO RETIRE IN 2000
JOC Staff |
United Parcel Service's vice chairman, John W. Alden, announced Wednesday that he plans to retire ea
STB FINDS ONLY IC "REVENUE ADEQUATE'
JOC Staff |
The Surface Transportation Board determined that Illinois Central Railroad Co. was the only major ca
AMEX LAUNCHES INDIAN CREDIT CARD
JOC Staff |
American Express Thursday launched a new globally valid credit card that can be billed in rupees.
Maritime
EXPERTS: DETERRENCE EFFORTS LAG
Kevin G. Hall |
When it comes to cargo theft, the biggest deterrence often is, well,deterrence.That sounds l
WORLD PC SHIPMENT FORECAST REVISED UPWARD
JOC Staff |
Worldwide personal computer shipments should grow a solid 24.8 percent year-over-year during the thi
Maritime
CORPS BACKS 50-FOOT CHANNELS
Terry Brennan |
The Port of New York and New Jersey has cleared its first major hurdle to deepen its channels to 50
GERMANY'S JULY OUTPUT RISES MODESTLY
JOC Staff |
German industrial output rose 1 percent in July, disappointing markets which had expected a stronger
Maritime
RUSSIA PUBLISHES ITS METALS PRODUCTS TARIFFS
JOC Staff |
The Russian government published in its official gazette on Wednesday two resolutions extending inde
Maritime
CHINA OFFERS BREAKS TO FOREIGN INVESTORS
JOC Staff |
In an attempt to reverse an eight-month tumble in foreign investment, China said on Wednesday it wou
Maritime
US TO DISCUSS CHINA'S WTO ENTRY AT APEC
Reuters |
U.S. Trade Representative Charlene Barshefsky will hold talks on China's bid to join the World Trade
Maritime
BUSINESS ORGANIZATION IS CREATED TO PREPARE FOR OPENING OF MARKET
Kevin G. Hall |
An association formed to promote U.S. trade with Cuba will encourage links between foreign companies
Maritime
RAILAMERICA ACQUIRES TP&W, APPOINTS ROSS
JOC Staff |
RailAmerica Inc. said it closed the acquisition of the Toledo, Peoria & Western Railroad.The
NORTHWEST SEES LOSS IN ASIA THIS YEAR
Associated Press |
Northwest Airlines expects to lose more than $100 million in Asia this year, but business should imp
CITA REMOVES TWO COMPANIES FROM ITS LIST OF MACAU VIOLATORS
Paula L. Green |
A U.S. agency has agreed to remove at least two companies from a controversial list of 77 Macau comp
Maritime
NIGERIA TO PROBE FINANCES OF ITS AIRLINE
JOC Staff |
Nigeria has set up a panel to look into the finances of national-flag carrier Nigeria Airways, a sen
CANADA'S MANULIFE MAY LEAVE MARKET
P.T. Bangsberg |
As South Korea wrestles to get its life-insurance sector back into financial health, one of Canada's
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
Sept. 7, 1999PREV. CLOSE HIGH LOW VOL. CLOSESept. --
Maritime
BANK OF ENGLAND RATE RISE IS SURPRISING
JOC Staff |
The British pound rallied on Wednesday, jumping nearly a cent against the dollar, after the Bank of
SPOT COMMODITIES
JOC Staff |
Sept. 8, 1999Included are list prices of suppliers. Quotations do not necessarily represent
CARGO WATCH: JACKSONVILLE
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)May June July Aug. Sept. Oct. Nov. Dec
Maritime
FAA PROPOSES PENALTY AGAINST AA AFFILIATE
JOC Staff |
The Federal Aviation Administration on Tuesday said it had proposed a $50,000 penalty against a Puer
BALTIC FREIGHT INDEX
JOC Staff |
Sept. 7, 1999CURRENT: 1138 PREVIOUS DAY: 1043 The Baltic International Freight Futures M
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
NEW WEB SITE CRITIQUES SHIPPERS' LOADING DOCKS
Rip Watson |
Truckers who are tired of spending hours waiting in line at loading docks around the country now hav
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots $1,500-$1,600 per ton lots & in warehouse
*BALTIC HANDY INDEX
JOC Staff |
Route Size Timecharter trip Weight $ DailyNo. 1 43,000 Contine
URUGUAY'S JUNE TRADE DEFICIT UP 80 PERCENT
Reuters |
Uruguay said Wednesday its trade deficit surged 80 percent in June from a year earlier, amid a hefty
Maritime
EXPERTS WARN OF RUSSIAN MOB ACTIVITY IN MIAMI
Kevin G. Hall |
As if Colombian drug gangs weren't enough, security experts meeting at a conference here said on Wed
INDUSTRY REBOUNDS ALONG WITH ASIAN RECOVERY
P.T. Bangsberg |
More signs are emerging of recovery in China's shipyards after two years of meager orders, in part a
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Se
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 8, 1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 26.
3 EUROPEAN LINES VIE TO ACQUIRE STAKE IN CARRIER
Robert Koenig |
After months of behind-the-scenes discussions, three big European air carriers are competing openly
QUOTE TO NOTE
GUY CLAVELOUX, Senior vice president Marsh Marine & Energy |
'If the wrong valve on a ship opens, the cargo could shoot into the ocean rather than into some tank
Maritime
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