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INDIA RAISES CEILING ON ROYALTY PAYMENTS
JOC Staff |
The Indian government has liberalized royalty and technology payments to foreign companies by raisin
Maritime
COURT ORDERS HEARING FOR CUSTOMS WHISTLEBLOWER
Jack Lucentini |
The U.S. Court of Appeals for the Federal Circuit in Washington has ordered a hearing on a U.S. Cust
COSCO MOVES SERVICE TO HAMPTON ROADS
Journal Of Commerce Staff |
China Ocean Shipping Co. will relocate its weekly Far East-Mediterranean service via the Suez Canal
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 16, 1998Prev. Life of Contr. Open Open High Low
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Dec. 17, 1998Prevailing sellers' posted prices at the close of business, representi
MAYBAN ASSURANCE READY TO ACQUIRE 77 PERCENT OF MALAYSIAN INSURER UMBC
P.T. Bangsberg |
Malaysia's prodding to force local underwriters to form larger groups may be making some headway.
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Dec. 17, 1998Quotations are based on prices reported in the market or obtained from su
NORTH EAST INSURANCE REJECTS TAKEOVER OFFER
JOC Staff |
North East Insurance Co. has turned down an offer for the company. The offer proposed an exchange of
OCTOBER EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1997 1996 Mil. $ Mo. Back
Maritime
EXPORTS, IMPORTS AND BALANCE OF GOODS BY SELECTED COUNTRIES AND AREAS
U.S. Commerce Department |
(Census basis - in millions of dollars, not seasonally adjusted)TRADE BALANCE EXPO
Maritime
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 |
752 (Dec. 17, 1998) Previous day - 762The Baltic Exchange in London on Tuesdays and Thursday
Maritime
DEVELOPMENT BANK OKS LOANS FOR ARGENTINA
JOC Staff |
The Inter-American Development Bank said it approved $2.75 billion in loans for Argentina to defend
Maritime
RUSSIA SAYS US DELAYING FOOD AID
JOC Staff |
Russia's agriculture minister accused the United States of stalling on promised food aid by introduc
Maritime
HANJIN ALREADY FEELING SQUEEZE AT LONG BEACH
The US Port Roundup is compiled by Mark Getzfred |
Hanjin Shipping Co. this week celebrated the first anniversary of the opening of its170-acre contain
Maritime
PESTICIDE RULING WILL HURT EXPORTERS
Bill Mongelluzzo |
U.S. exporters of agricultural products will begin to feel the pinch in two weeks when they must red
INDIA INSURANCE WORKERS CALL STRIKE A SUCCESS
JOC Staff |
A nationwide strike by insurance employees last week to protest against the Indian government's move
UP CARGO LEVELS RISE BUT STILL LAG '96
Rip Watson |
Union Pacific Railroad's freight levels continue to outpace the problem-plagued performance of late
CELLSTAR SELECTS CIRCLE FOR LOGISTICS
JOC Staff |
CellStar Corp. has selected Circle International to provide a worldwide logistics network for CellSt
RATE HEARINGS SPARK LAWSUIT
Ron Lent |
A consumer watchdog this week filed suit against state Insurance Commissioner Chuck Quackenbush, acc
GULF COAST DOCKSIDE EXPANDS IN NEW ORLEANS
JOC Staff |
Gulf Coast Dockside Inc. has announced the expansion of its bulk cargo stevedoring capabilities at t
LET ANTITRUST LAW RULE AIR COMPETITION: ATA
JOC Staff |
Major airlines told an independent review group on Wednesday that proposed government competition gu
MANILA GETS ADB LOAN TO PRIVATIZE UTILITIES, TACKLE POLLUTION
P.T. Bangsberg |
Efforts to privatize electric utilities in the Philippines and curb pollution got a boost Thursday w
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeDec. 16, 1998 Brent Crude Oil - (Dollars Per Barrel)
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - December 16, 1998 OPEN INTEREST AND SALES - December 15, 1998All life-of
AZERBAIJAN SIGNS OIL DEAL WITH US AND SAUDIS
JOC Staff |
Azerbaijani state oil company Socar signed an agreement Tuesday with U.S.-based Frontiera Resources
SANTA CLAUS IS VIRTUALLY CERTAIN TO FACE COMPETITION THIS CHRISTMAS
Cyber Trader - Howie Simon |
anta Claus is facing a serious problem this year. Personal deliveries of Christmas gifts are expecte
THAILAND SECURES LOAN FROM IMF, OTHERS
Reuters |
The International Monetary Fund approved a $140 million payout from its loan to Thailand Tuesday, un
FUELED FOR GROWTH
Kevin G. Hall |
Unlike several struggling Caribbean waterfronts hurting for traffic, the question at Point Lisas Ind
Maritime
UNION-TRANSPORT BUYS FOUR TRANSPORT FIRMS
JOC Staff |
Air and ocean freight forwarder Union-Transport has acquired four transportation companies, includin
FIVE BULK CARRIERS FORM POOLING AGREEMENT
JOC Staff |
Five bulk trucking companies have entered into an equipment-pooling agreement,The carriers -
BALTIC FREIGHT INDEX
JOC Staff |
825 (Dec. 17, 1998) Previous day - 834The Baltic International Freight Futures Market in Lon
Maritime
REPORT TO SUSTAIN RATE HIKE COMPLAINTS
Tim Sansbury |
A report by the Federal Maritime Commission will verify complaints that shippers were hit earlier th
US DEFICIT DECLINES FOR 2ND MONTH
Richard Lawrence |
The U.S. trade balance improved in October for the second successive month, with the deficit declini
CRESCENT TOWING WINS ISO CERTIFICATION
JOC Staff |
Crescent Towing has received certification compliance with the internationally recognized ISO 9002-1
FOR 24-HOUR NEWS, TRY 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
AMERICAN GENERAL SETTLES SUITS, TAKES CHARGE
JOC Staff |
American General Corp., of Houston, said its life insurance units agreed to settle class-action laws
FREIGHT RATE FUTURES
JOC Staff |
Dec. 17, 1998Baltic international Freight Futures Market Prev.Close High Low
Maritime
NOBLE GESTURES WON'T SWAY WORLD BANKING OFFICIALS
Gordon Platt |
Pope John Paul II and the World Council of Churches called this week for forgiving the debts of impo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 6 - Dec. 17, 1998 (a graph)* Annual
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