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AXEL SPRINGER JUMPS INTO U.S. TV
JOC Staff |
German newspaper giant Axel Springer Verlag AG said Thursday it was jumping into U.S. television by
Maritime
LOBBYISTS SPLIT ON OUTCOME OF BANK REFORM
Will Acworth |
Robert Rubin's resignation as Treasury secretary will almost certainly affect a major banking reform
ACCOUNTING CHARGE LEADS TO LOSS AT SEA CONTAINERS
JOC Staff |
An improving environment for ocean container leasing spurred Sea Containers Ltd. to sharply improved
DAILY PETROLEUM PRICES
JOC Staff |
Thursday May 13, 1999Prevailing sellers' posted prices at the close of business, representin
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
May 13, 1999Quotations are based on prices reported in the market or obtained from suppliers
EUROPEAN PORT ROUNDUP
The European Ports Roundup is written by Bruce Barnard and |
EUROPEAN STEVEDORES:IN BATTLE OF THE TITANSA new breed of superstevedores is dominating the
Maritime
SLOW DEPRECIATION PREDICTED FOR KORUNA
Bridge News |
Czech Finance Minister Ivo Svoboda's new adviser on monetary policy, Pavel Tykac, said Thursday he e
RAILROAD STOCKS UP AS VOLUME STAGNATES
Rip Watson |
stock market upswing, improving prospects for the world economy and optimism about the impact of mer
NEW CUBAN TRADE RULES OFFER SOME BREATHING ROOM
Kevin G. Hall |
U.S. companies interested in doing business in Cuba have received significant new wiggle room from t
SPOT METALS PRICES
JOC Staff |
COMMERCIAL QUANTITYAluminum ingots_ $1,500-$1,600per to
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
BALTIC HANDY INDEX
JOC Staff |
892 (May 13, 1999) Previous - 885The Baltic Exchange in London on Tuesdays and Thursdays pu
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 12, 1999Baltic International Freight Futures Market PREV.CLOSE HI
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1097 (May 13, 1999) Previous day _1112The Baltic International Freight Futures Market in Lon
Maritime
HOUSE VOTE SENDS Y2K LAWSUIT ISSUE TO SENATE
Jim Abrams |
House passage of legislation to limit year 2000 computer lawsuits puts pressure back on the Senate t
ALSTOM TO BUILD CARS FOR FIRST UNION RAIL
JOC Staff |
Alstom Transport Canada won an order worth a minimum of 300 million Canadian dollars (US$205 million
FOR 24-HOUR NEWS, LOG ON TO WWW.JOC.COM
JOC Staff |
To learn what's happening in the fast-changing world of insurance, 24 hours a day, call up The Journ
STUDY RE-EVALUATES BENEFITS OF REFORMULATED FUEL
H. Josef Hebert |
Oxygen additives in gasoline, touted since 1993 as one of the most effective ways to cut air polluti
2 BAUXITE REFINERS IN JOINT DEAL
Canute James |
Two of Jamaica's leading bauxite refiners, both partly owned by major U.S. companies, will merge the
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 12, 1999 Brent Crude Oil - (Dollars Per Barrel)
QUOTE TO NOTE
Felipe Larrain, Visiting professor of Latin American studies, |
'Push Mercosur toward the world, and don't try to push the world into Mercosur.'
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 190.97 off 0.79
CHINA TO DISMANTLE COLOSSUS TO FOSTER SHIPYARD COMPETITION
P.T. Bangsberg |
As it battles overcapacity and price-cutting, China will break up its largest shipbuilding group to
Maritime
QUINTERO PORT EYES FRUIT TRADE TO US, EUROPE
Kevin G. Hall |
An investment group here, hoping to ride growing fruit exports, is teaming up with a British develop
Maritime
OVERSEAS SHIPHOLDING POSTS IMPROVED RESULTS
JOC Staff |
Overseas Shipholding Group overcame a weak tanker market to post improved results in the first quart
HOUSE PANEL REVIEWS BANK REFORM LEGISLATION
JOC Staff |
The House Commerce Committee will most likely have the financial services reform bill marked up and
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 12, 1999Prevailing sellers' posted prices at the close of business, representi
MEXICO'S EXPORTS INCREASE IN QUARTER
JOC Staff |
Mexico's exports rose 6.5 percent, to $30.1 billion, during the January-March period, according to r
Maritime
EVERGREEN AND COSCO FORM JOINT SERVICE
Paul Richardson |
Evergreen Marine Corp. and China Ocean Shipping Co. have signed an agreement to establish a new join
AGE-DISCRIMINATION BILL ADVANCES IN CALIFORNIA
Ron Lent |
The California Senate approved SB 26, legislation designed to reinstate job protections for older wo
SPOT METALS PRICES
JOC Staff |
COMMERCIAL QUANTITYAluminum ingots_ $1,500-$1,600per to
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
May 12, 1999Quotations are based on prices reported in the market or obtained from suppliers
TURKON TO ADD SHIP IN EAST COAST-MED LANE
Journal Of Commerce Staff |
Turkon America Inc. will expand its container capacity by a third when it launches a fourth ship nex
Maritime
MAERSK, SEA-LAND ARE BUSY MAKING MOVES IN THE PACIFIC, AND MAKING WAVES
Slot Watch - Paul Richardson |
aersk Line is introducing another string of ships on the Asia-Europe trades, a lane that continues
Maritime
THAILAND TO ADVANCE E-COMMERCE SECTOR PLAN
Ron Corben |
Legislation supporting Thailand's fledgling electronic commerce sector is expected to be submitted t
Maritime
QUOTE TO NOTE
Angel de la Puente, Director of logistics, Colgate-Palmolive |
'There are still some very virgin areas of logistics in Mexico.'
Maritime
P&O NEDLLOYD'S HARRIS SANGUINE AS CAPACITY, ASIA DEMAND INCREASE
Aviva Freudmann |
The financial situation is brightening for P&O Nedlloyd, which has suffered in recent years from the
WITH NEW YORK ITS PORT OF CHOICE, SEA-LAND GEARS UP FOR CHANGES
Terry Brennan |
It did not take long for changes to begin at the Port of New York and New Jersey once Sea-Land Servi
PEOPLE ON THE MOVE
From Wire and Staff Reports |
Chase Manhattan Corp.Peter Aharonyan was named president and chief executive of Chase Insura
THE JOC WANTS TO HEAR FROM YOU
JOC Staff |
Please fax material on upcoming events to the Transportation Desk at (212) 837-7005 or e-mail to pre
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