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FOCUS IS ON OFFICIAL POLICIES THAT RESTRICT OCEAN SHIPPING
Tim Sansbury |
The United States is aiming for a September meeting with China to discuss the strained maritime rela
Maritime
AETNA'S NET INCOME FELL IN 2ND QUARTER
JOC Staff |
Aetna's net income for the second quarter 1999 was $227.2 million, down from $265.7 million for 1998
BRITISH INDUSTRY HANGING BY A THREAD, STUDY SAYS
Ronald Gift Mullins |
Reports of the death of the British property/casualty insurance industry may be exaggerated, but not
OFFICIALS SEEK SUPPORT FOR DREDGING PLAN
Rip Watson |
Maryland port officials are rallying support for a 20-year dredging plan that includes dumping of ma
Maritime
GROWTH IN MALAYSIA ELECTRONICS FORESEEN
JOC Staff |
U.S. electronics companies projected their business in Malaysia will grow by at least 9 percent in 1
Maritime
RECESSION, PESO DEVALUATION THWART LOGISTICS EXPANSION, CUT SOUTHBOUND AIR SHIPMENTS
Ian Putzger |
Colombia's worst recession in decades and the devaluation of the peso are hurting southbound air shi
Air Cargo
UP MULLS RESPONSE TO MC'S LAWSUIT
Rip Watson |
Union Pacific Railroad Co. is weighing its response to a lawsuit by Missouri Central Railroad Co., a
DUBROSKI WINS IN RECALL VOTE OF MONIN JOURNAL OF COMMERCE STAFF
JOC Staff |
Edward Dubroski is the new acting president of the Brotherhood of Locomotive Engineers after the fir
COAL TERMINAL REPORT
Compiled by The Journal of Commerce staff from data provided |
Aug. 2, 1999This table shows the vessels scheduled to call at U.S. coal terminals and the es
TALKS ON RUSSIA'S WTO BID MAY LAST A YEAR
JOC Staff |
Talks on Russia joining the World Trade Organization will take at least one year, Deputy Trade Minis
Maritime
QUOTE TO NOTE
David Williams, Partner Neville, Peterson and Williams |
'It's an industry built on something for nothing.'
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 2, 1999 Reseller RackUNLEADED MID- PREMIUM-UNLEAD PREMIUM-UNLEAD REGULA
HVIDE MARINE HAD $23.7 MILLION LOSS IN SECOND QUARTER
Journal of Commerce Staff |
Hvide Marine Inc. reported a loss of $23.7 million for the second quarter, compared with net income
Maritime
BANGLADESH AGREES TO ACT AS CONDUIT FOR INDIAN OVERLAND CARGO MOVEMENT
N. Vasuki Rao |
The Bangladesh government has approved a proposal to permit transport of Indian cargo over its land
IMF URGES SPAIN TO CUT JOBLESS BENEFITS
JOC Staff |
The International Monetary Fund urged Spain's authorities to cut unemployment benefits and make firi
Maritime
BALTIC INTERNATIONAL FREIGHT FUTURES
JOC Staff |
July 30, 1999PREV. CLOSE HIGH LOW VOL. CLOSEJuly 988.0
Maritime
FOR THE GAMES, THE FAST OFTEN RING UP THE GOLD
Rosalind Mclymont |
From a last-minute delivery of shoes for U.S. basketball player Grant Hill in Atlanta to express del
Air Cargo
COCHIN EYES SRI LANKA TRAFFIC
N. Vasuki Rao |
India's Port of Cochin is targeting Indian and Pakistani transshipment cargo for a private container
Maritime
CHEMICAL PRICES
JOC Staff |
using joc chemical prices Monday: Botanicals-Spices, Balsams-Gums, Waxes, NavalStores. Tu
CARGO WATCH: LONG BEACH
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)Apr. May June July Aug. Sept. Oct. Nov
Maritime
MARRIAGE OF MAERSK, SEA-LAND MAY AFFECT GRAND ALLIANCE
Paul Richardson |
The merger of Maersk and Sea-Land could delay a complex realignment of vessel-sharing consortia in t
Maritime
INTEL INVESTS TO BRING WEB TO ASIA
JOC Staff |
Computer chip maker Intel Corp. said it will invest in a joint venture with Hong Kong-based Pacific
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
HOUSE NAMES CONFEREES TO BANK REFORM PANEL
JOC Staff |
House members who will serve on the conference committee to resolve differences between the House an
BOX TERMINAL MAY RISE AT REFINERY SITE
Bruce Barnard |
Shipping lines are considering an ambitious plan to convert a mothballed Shell oil refinery on the T
Maritime
LEO BERGER, BULK-SHIPPING LEADER, IS DEAD AT AGE 78
Journal of Commerce Staff |
Leo V. Berger, a Hungarian immigrant who built one of the nation's largest bulk-shipping fleets, die
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
AUG. 2,1999NO. 4/ NO. 6/ NO. 6/ 1% 1% 0.5%Buckley 24.65
BALTIC FREIGHT INDEX
JOC Staff |
Aug. 2, 1999CURRENT: 1013 PREVIOUS DAY: 1003 The Baltic International Freight Futures Ma
Maritime
STRUGGLING LINE SEEKS CARGO FOR FISCAL SALVATION
Chris Barnett |
Financially troubled World Airways, coming off losses for six straight quarters, plans to add two mo
Air Cargo
FUNDS BOLSTER KOREA LIFE BEFORE SALE
P.T. Bangsberg |
Apparently bowing to market pressure, the South Korea government will provide $1.25 billion in publi
PAKISTAN BANK CLEARS SOME REMITTANCES
JOC Staff |
Averting a cargo movement crisis, Pakistan's central bank late last week allowed shipping companies
CARRIER TO ADD SECOND ROUTE TO EUROPE
Paul Richardson |
China Shipping Group, two months after inaugurating long-haul service between China and Europe, said
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Journal of Commerce Industrial Price Index is compiled |
Spot price inflation rate smoothed, annualized *1999 High: 94.2 1999 Low: 86.7 1998 High:
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 $No.
Maritime
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
CHINA BANK LAUNCHES INTERNET SERVICE
JOC Staff |
China Construction Bank, one of the country's four largest banks, has launched a package of Internet
Maritime
POLAR AIR, AIR NEW ZEALAND IN PACT
Journal of Commerce Staff |
The planned code-share agreement between Polar Air Cargo and Air New Zealand is a nice shot in the a
Air Cargo
UNITED BREAKS GROUND ON MIAMI HUB
Chris Isidore |
United Airlines on Monday started work on a $26.5 million cargo hub in Miami, the first of three suc
LONDON IS BEING ECLIPSED: MOODY'S
Journal of Commerce Staff |
Marine, aviation and transport business written in the London market totaled approximately UK4 billi
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