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Platts Containers Update
STATE'S OLDEST AND LARGEST UNDERWRITER CLOSES ITS DOORS, SPINS OFF ITS THREE SUBSIDIARIES
P.T. Bangsberg |
China's oldest and largest insurance company has, through various transformations, become three.
GLOBAL INCREASES LINKED TO LIFE INSURANCE SALES
John Zarocostas |
Global insurance premiums increased by 4.5 percent in 1997 to $2.1 trillion, mostly because of incre
MEXICO'S DEFICIT SHRANK IN MAY
JOC Staff |
Mexico posted its lowest monthly trade deficit since late 1997, thanks to higher auto exports in May
Maritime
GREECE SEEKS ENTRY INTO EMU IN 2000
JOC Staff |
Greek Prime Minister Costas Simitis said Friday that Greece will file its request to join European E
JAMAICA TO DEFEND MEAT IMPORT POLICY
JOC Staff |
Jamaica will defend its meat import policy if the United States carries out a threat to take the isl
Maritime
SMALL FIRMS OFFER BIGGER OPPORTUNITIES
Chris Isidore |
Third-party logistics providers keep trolling for new clients, but they're finding that the big catc
PORT OF SIHANOUKVILLE TO BE UPGRADED TO INCREASE THE FLOW OF PETROLEUM
P.T. Bangsberg |
Marubeni Corp., one of Japan's largest conglomerates, is rehabilitating Cambodia's main port as the
Maritime
NEHRU TERMINAL LURES LINES
Journal of Commerce Special |
The privately operated Nhava Sheva International Container Terminal at the Port of Jawaharlal Nehru
Maritime
SPOT COMMODITIES
JOC Staff |
July 9, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
BALTIC FREIGHT INDEX
JOC Staff |
July 9, 1999CURRENT: 986 PREVIOUS DAY: 976 The Baltic International Freight Futures Ma
Maritime
AUTOMAKERS LOOK TO CHINA TO DRIVE UP DEMAND
Gene Linn |
General Motors' Buick factory in Shanghai just started production in April, but already reports a th
HYUNDAI UNIT SUES BOEING OVER DROPPED CONTRACT
Journal of Commerce Special |
The aviation unit of South Korea's largest conglomerate is charging Boeing Co. with breach of contra
WTO OFFICIALS NOT IN HARMONY
Journal of Commerce Special |
Trade officials from 134 countries, a year after vowing they would set a deadline to harmonize rules
Maritime
STRONG ECONOMY KEEPING DOLLAR ON RISING PATH
Gordon Platt |
The strong U.S. economy, and fears that the Federal Reserve may be forced to raise interest rates ag
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
SHIP FIXTURES
BRIDGE NEWS The dry cargo and tanker fixtures listed herewith |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
EXPERTS INVESTIGATE NEPAL CRASH
Robert Koenig |
Germany's Lufthansa Cargo AG has sent a team of experts to Nepal to investigate the cause of last we
SPOT PRODUCT PRICES
Knight-Ridder Financial. |
July 8, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
AUTO COMPANIES TAKE SHIP LINE MERGER IN STRIDE
William Armbruster |
The world of auto transport changed on July 1 with the merger of Wallenius Lines and Wilhelmsen Line
EU'S PRODI POSTS COMMISSIONER LINEUP
JOC Staff |
European Commission President-designate Romano Prodi unveiled his new team of commissioners Friday.<
Maritime
IMPORTERS SEEK CHANGES IN RULES FOR RECORD-KEEPING PENALTIES
Jack Lucentini |
U.S. Customs has been urged to revise its proposed rules for deciding how harshly or leniently to tr
Maritime
KITTY HAWK TEAMS WITH GEOLOGISTICS
JOC Staff |
Kitty Hawk Inc. and GeoLogistics Air Service have started an air cargo service between the United St
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 9, 1999NO. 4/ NO. 6/ NO. 6/1% 1% 0.5%Buckley
SWISS LIFE BUYS CONTROL OF CCF UNITS
JOC Staff |
Swiss Life, one of Europe's largest life insurers, will acquire majority control of Erisa Vie and IA
AUTO PORTS ARE RIDING A WAVE OF INNOVATION
Patricia B. Demetrio |
With nothing so constant as change, it's not surprising that even the busiest ports for auto traffic
CARGO WATCH: PORTLAND, ORE.
PIERS database. Paul Schaffer can be reached at (212) 837-7129 |
Key movements in 20-foot ocean container units (TEUs)April May June July Aug. Sept.Oct. Nov
Maritime
GENESEE & WYOMING BUYS PORT SHORT-LINE
Daniel J. Mccosh |
With a commitment to invest $9.8 million, Genesee & Wyoming Inc. has big plans for a Mexican short-l
BATTERY HAZARDS IN TRANSIT OUTLINED
Journal of Commerce Staff |
The Department of Transportation reminded shippers that batteries require proper packaging while in
SINGAPORE AIRLINES SEEN REJECTING STAR
JOC Staff |
Singapore Airlines, which had been expected to join the Star Alliance, is more likely to join a newl
BALTIC FREIGHT INDEX (GRAPH)
Journal of Commerce |
July 9: 986
Maritime
PEOPLE ON THE MOVE
JOC Staff |
XL Capital Ltd.PAUL GIORDANO was named executive vice president of XL Capital Ltd., Bermuda.
TIME-CONSUMING PROCESS TO BE SCRAPPED BY YEAR-END
Thierry Ogier |
Brazil, responding to pressure from its trading partners, plans to scrap most import licenses.
Maritime
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
BRITISH TO EXPLORE LIBYAN BUSINESS
JOC Staff |
A British trade delegation has gone to Libya to see if newly restored diplomatic relations with Moam
Maritime
US CORN EXPORTS CHEAPEST IN 10 YEARS
JOC Staff |
Low freight rates combined with plunging Chicago Board of Trade corn values have brought the landed
Maritime
GERMAN ALLIANZ, US PIMCO IN TALKS
JOC Staff |
German insurance group Allianz confirmed it has been discussing a possible merger with Pimco Advisor
CONTSHIP SETS COURSE FOR US-MEDITERRANEAN
JOC Staff |
Contship Containerlines, one of the member lines of CP Ships, will enter the Mediterranean-U.S. West
Maritime
POWER TO ASSUME ROLE OF CHIEF EXECUTIVE AS BURKHARDT ANNOUNCES HIS DEPARTURE
Rip Watson |
Thomas F. Power Jr. will take over as president and chief executive of Wisconsin Central Transportat
BERMUDA EYES E-COMMERCE BUSINESS
Journal of Commerce Staff |
Drawing on a business plan that made this island chain a haven for insurance companies, Bermuda is a
Maritime
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