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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Feb. 24, 1999Prevailing sellers' posted prices at the close of business, represent
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,vsit The Journal o
GLOBAL PRODUCT STANDARD UNVEILED
JOC Staff |
The U.N. Development Program and Dun & Bradstreet have introduced the first global commodity code st
Maritime
GM TO CEASE PRODUCTION OF TWO MINIVAN MODELS
JOC Staff |
General Motors Corp. will cease production of its Opel and Vauxhall Sintra minivans, built in the Un
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
COAST GUARD HITS JAPANESE BARGE OPERATION ON MISSISSIPPI
Tim Sansbury |
The Mississippi River barging operations of Japanese-owned Consolidated Grain & Barge Co., a large,
Maritime
SINGAPORE'S SML POSTS LOSS, PLANS LOGISTICS FOCUS
P.T. Bangsberg |
Singapore's Sembawang Marine & Logistics Ltd., having already shed several divisions, is quitting th
OGDEN CORP. INVESTS IN ARAB ALL-CARGO CARRIER
JOC Staff |
Ogden Corp. which has ties to the entertainment, airline food and fuel services industry, this week
SPOT COMMODITIES
JOC Staff |
Feb. 24, 1999Included are list prices of suppliers. Quotations do not necessarily represent
TEMPEST RE LINKS EQUITY PROTECTION TO P/C LOSS
Journal Of Commerce Staff |
Tempest Reinsurance Co., a subsidiary of ACE Ltd., has completed its first reinsurance contract to p
Y2K REPORT REVEALS NATIONS, SECTORS AT RISK
JOC Staff |
A Senate report on the Year 2000 computer problem warns a number of foreign countries and U.S. econo
Maritime
US INVESTIGATION OF OIL FIRMS SOUGHT
Atiya Hussain |
As Nigeria moves closer to civilian rule with Saturday's presidential elections, a member of Congres
LENDERS BACK DEBT REVAMP PLAN FOR THAI PETROCHEMICAL
Ron Corben |
The International Finance Corp. has agreed to a debt restructuring plan for Thai Petrochemical Indus
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended2-19
NATIONWIDE TO BUY CALFARM INSURANCE
JOC Staff |
Nationwide Mutual Insurance Co. plans to buy Calfarm Insurance Co. from Zenith National Insurance Co
TRADELEADS
The Journal of Commerce Tradeleads appear daily. Please |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
Maritime
US, CHINA IN TALKS FOR NEW AIR TREATY
Chris Isidore |
.S. negotiators met with Chinese officials in Beijing Wednesday aiming to loosen what are the most r
PROBE EXPOSES GAP IN EXPORT RULES FOR NUCLEAR MATERIALS
Michael S. Lelyveld |
A federal investigation into a suspected shipment of nuclear materials to Pakistan has highlighted a
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 23, 1999Prev. Life of Contr. Open Open High Low
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 24, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
MOODY'S PREDICTS LOSSES FOR LLOYD'S SYNDICATES
Adrian Leonard |
Almost one-third of Lloyd's of London's syndicates are expected to show a loss for the 1998 and 1999
HIGH-YIELD SHIPPING BONDS
Lazard Freres & Co.; The Journal of Commerce |
Table Only
Maritime
UPS STARTS BIWEEKLY SERVICE TO BOMBAY, NAMES JETAIR AGENT FOR CARGO OPERATIONS
N. Vasuki Rao |
United Parcel Service has begun a biweekly Boeing 767 freighter service to Bombay, the company said
PROGRESSIVE WEB SITE OFFERS AUTO COVERAGE RATES
JOC Staff |
With the touch of a button, consumers in 24 states and the District of Columbia can compare rates an
PESTICIDE FOUND IN AUSTRALIAN BEEF
JOC Staff |
Australian beef exports are expected to be unaffected by wrangling between beef producers and the co
Maritime
PRIVATE SAUDI FIRM TO RUN RE-EXPORT ZONE
JOC Staff |
Saudi Arabia has awarded a local company a contract to run the re-export zone at a port in the easte
Maritime
NEC MAKES CHIPS IN SHANGHAI VENTURE
JOC Staff |
Japan's NEC Corp. has begun production of semiconductors in a Shanghai joint venture.The pro
Maritime
LAFONTAINE'S CRITICISM BLAMED FOR EURO'S SLIDE
Joe Mapother |
By repeatedly trying to pressure the European Central Bank on interest rates, Finance Minister Oskar
BEWARE: VENEZUELA'S CRACKDOWN MAY SNAG YOU
Kevin G. Hall |
If you are shipping goods into Venezuela beware: The country's custom service has begun a crackdown
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Feb 24, 1999Quotations are based on prices reported in the market or obtained from sup
PETRONAS AND BASF TO BUILD CHEMICAL PLANT
JOC Staff |
Malaysia's state-owned petroleum firm Petronas and German chemical giant BASF have entered into a jo
WASHINGTON STATE LAWMAKER UNVEILS HEALTH-CARE BILL OF RIGHTS
Ron Lent |
A Washington state lawmaker recently introduced a bill to create the ''Health Care Patient Bill of R
RICE, UNRUH, REYNOLDS NAMED FARRELL'S AGENT
JOC Staff |
Farrell Lines, the U.S.-flag carrier serving the Eastern Mediterranean and Black Sea regions, has na
Maritime
WTO SUSPENDS TALKS ON DROPPING INFORMATION TECHNOLOGY DUTIES
John Zarocostas |
Global talks to eliminate duties on information technology products reached an impasse this week, se
Maritime
BANGLADESH'S EXPORTS DOWN 1.5 PERCENT AFTER FLOODS BLOCK APPAREL, FOOD SHIPMENTS
N. Vasuki Rao |
Bangladesh's exports in the six-month period ended December 1998 were lower by 1.5 percent over the
Maritime
CHINA'S LOW LEVEL OF STEEL IMPORTS CITED IN US GLUT
Heidi Przybyla |
China is now being fingered as a culprit in the U.S. import surge.If the Chinese market had
Maritime
CRUDE OIL STOCK UP 2 MILLION BARRELS IN LATEST REPORTING PERIOD, API SAYS
Journal Of Commerce Staff |
U.S. crude oil inventories rose almost 2 million barrels in the week ended Feb. 19, as compared with
WHINE, WHINE, WHINE GO THE ENGINES THAT DRIVE THE CONTAINER INDUSTRY
Slot Watch - Paul Richardson |
Just wonder how many times someone, somewhere, has said that the container shipping industry is a s
Maritime
SAN JUAN AWAITS X-RAYS FOR AILING INSPECTION EFFORT
Karl Ross |
A new, non-intrusive X-ray security system expected to come on-line later this year will give author
Maritime
HARMON TO INSTALL GEAR FOR MEXICAN RAILROAD
JOC Staff |
Harmon Industries Inc. has a contract worth about $3 million to manufacture and install wayside dete
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