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MANILA OUTLINES HOPES FOR JAPAN LOAN PACKAGE
JOC Staff |
The Philippine government expects to secure $1.7 billion to $1.9 billion from a $30 billion Japanese
Maritime
PAKISTAN'S EXPORTS FALL ON EAST ASIAN CRISIS, TEXTILES PARTICULARLY HARD-HIT, OFFICIALS SAY
N.Vasuki Rao |
Economic problems in East Asia have taken their toll on Pakistan's exports, which fell by 12.4 perce
REEFER MARKET SEEN GROWING STEADILY
Aviva Freudmann |
Global trade in refrigerated products will grow by 1.7 percent a year until 2005, with the seaborne
CF'S TEXAS TERMINAL WINS ISO CERTIFICATION
JOC Staff |
Consolidated Freightways Corp. said it has become the first national less-than-truckload carrier to
LOCALS HOUND FHWA FOR NAFTA-RELATED PROJECTS BY RIP WATSON
Journal Of Commerce Staff |
Federal highway officials are expecting a stampede of requests for $140 million in funds from state
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 13, 1999No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
LOW CROP PRICES MAY PUSH CONGRESS TO RAISE SUPPORTS
Reuters |
Low corn, cotton and soybean prices will dog farmers throughout this year, possibly forcing Congress
DANISH EXPORTS TO WEAKEN DUE TO HIGH COSTS
John Zarocostas |
Denmark's export performance is expected to weaken due to high wage costs, the strength of the krone
PEOPLE ON THE MOVE
From Wire and Staff Reports |
INLAND MARINEUNDERWRITERS ASSOCIATIONRonald Thornton was elected president of the IMUA.<
DEATH TOLL RISES TO 5 IN EXPLOSION OF TANKER OFF DOMINICAN REPUBLIC
Karl Ross |
The search has been called off for three crewmembers lost when the Athenian Fidelity oil tanker expl
ARAB WORLD'S ONLY CARGO AIRLINE TURNS OPERATIONS AROUND, EXPECTS PROFIT IN '99
Khaled Yacoub Oweis |
Since Fadi Saab took charge of Trans Mediterranean Airways at the end of 1996, the Arab world's only
CF'S EL PASO TERMINAL WINS ISO CERTIFICATION
JOC Staff |
Consolidated Freightways said it has become the first national less-than-truckload carrier to receiv
UNOCAL, MOBIL TO SPEED UP INDONESIAN PROJECT
Reuters |
Unocal Corp. will move forward development plans for an oil and gas field off Indonesia to second-qu
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 13, 1999Prevailing sellers' posted prices at the close of business, represent
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 196.62 off 2.01 w
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
US POTENTIAL HURRICANE DAMAGE PROJECTED TO EXCEED $50 BILLION
From Wire Reports |
The United States, from Texas to Florida and north to New England, faces the threat of hurricanes ca
US OFFICIALS PRESS ARGENTINA ON TRADEMARK LAW
Kevin G. Hall |
U.S. Trade Representative Charlene Barshefsky and other top officials pressed Argentina this week to
Maritime
RUSSIA CUTS ALLOCATIONS TO SERVICE FOREIGN DEBT
JOC Staff |
The Russian government has reduced the amount of money allocated for servicing foreign debts this ye
Maritime
FRANCE AND GERMANY SET GROWTH AGENDA
JOC Staff |
The finance ministers of Germany and France on Wednesday laid out a sweeping common agenda to promot
Maritime
NEW YORK PUTS DREDGING AT CENTER OF PLAN TO DOUBLE VOLUME BY 2010
Terry Brennan |
Growth doesn't come cheap.The critical nature of dredging was highlighted on Wednesday when
PILOTS ASSERT PANAMA CANAL RISKS WILL RISE WHEN US CEDES
Bruce Barnard |
The pilots who sail vessels through the Panama Canal are warning of safety risks after the United St
Maritime
SEA-LAND MAY DROP MONTREAL SERVICE FOR US EAST COAST AS DEREGULATION NEARS
Paul Richardson |
Sea-Land Service Inc. confirmed Wednesday that it is giving serious thought to dropping its service
CHEMICALS EXPECT SLIGHT '99 GROWTH
Aviva Freudmann |
The global chemicals industry has not escaped the ravages of the Asian flu, and expects to see only
EL AL ACCUSED OF FLYING CARGO ON THE SABBATH
JOC Staff |
Israel's Transport Ministry is investigating reports that El Al Israel Airlines has been flying carg
SINGAPORE SEEMS TO BE WORLD'S NO. 1 BOXPORT
P.T. Bangsberg |
Container volume through the Port of Singapore last year was the equivalent of 15.1 million 20-foot
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJan. 12, 1999 Brent Crude Oil - (Dollars Per Barrel)
ASBESTOS LITIGATION MANAGEABLE, MOODY'S SAYS
From Wire Reports |
After more than two decades under the shadow of asbestos litigation that sent more than 15 building
AEGON SELLS UNITS FOR $162 MILLION
JOC Staff |
Aegon USA Inc. will sell Worldwide Insurance Co. and its property/casualty units to American Financi
COURT RESTORES PREFERENTIAL TRADE TREATMENT
Jack Lucentini |
In a victory for importers, a federal appeals court has reversed a Customs Service decision that str
Maritime
EC PRESIDENT THREATENS TO QUIT IF 2 COMMISSIONERS ARE FORCED OUT
Bridge News |
European Commission President Jacques Santer has threatened to quit if the European Parliament ''per
Maritime
TRADE FAIRS
JOC Staff |
NORTH AMERICACanadian International Farm Equipment Show. Jan. 19-22. Toronto, Canada. Contac
AMERICAN FREIGHTWAYS EXPANDS COVERAGE AREA
JOC Staff |
American Freightways Corp. will expand coverage to Pennsylvania and New Jersey April 12.The
US AIRWAYS DEFENDS RECORD ON SECURITY
Tim Dobbyn |
US Airways Group Inc. is defending its recent airport security performance after a newspaper detaile
SEIZED HONG KONG SHIP, CREW REMAIN IN UNEXPLAINED CHINESE DETENTION
Reuters |
A Hong Kong vessel and its seven crewmembers, seized last week by armed Chinese customs officials, r
NEW NAME, LOGO FOR MSAS LOGISTICS FIRM
JOC Staff |
MSAS Cargo International is now MSAS Global Logistics.MSAS, the logistics arm of Ocean Group
YANGMING, COSCO TO BE ASIA-EAST COAST PARTNERS
Paul Richardson |
Taiwan's Yangming Marine Transport Corp. and China's giant China Ocean Shipping Co. have agreed to s
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 11, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.
GROWING US EXPORTS: GLOBES, MITTENS
Global Trade Information, Columbia, S.C.; The Journal of |
Only graph.
LITHUANIA CENTRAL BANK HAILS FOREIGN INVESTMENT
JOC Staff |
The strategic investment by Sweden's SEB Bank in Lithuania's Vilniaus Bank, and plans by other Scand
Maritime
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