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NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 24, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 19
SPOT PRODUCT PRICES
JOC Staff |
Dec. 23, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
GASOLINE PRICES
JOC Staff |
Dec. 24, 1998RESELLER RACK Unleaded Mid- Premium-Unle
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months.The Journal of Commerce
FREIGHT RATE FUTURES
JOC Staff |
Dec. 24, 1998Baltic International Freight Futures Market PREV.CLOSE HIGH
Maritime
QUOTE TO NOTE
Bob Costello, Economist, ATA (American Trucking Associations) |
'Profit margins are so low in this industry . . . that there is no doubt that low fuel prices help c
Maritime
AS HAWAII GOES, SO, TOO, GOES MATSON
Peter Tirschwell |
As 1998 draws to a close, so does another year of stagnation in the Hawaiian economy.While t
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Dec. 24, 1998Prevailing sellers' posted prices at the close of business, representi
EU: RAILS CAN COMPETE WITH TRUCKS SOMETIMES
JOC Staff |
Railroads are showing signs that they can compete in some areas with trucks, according to a survey b
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
FAST FERRY
JOC Staff |
Photo Only
Maritime
SEVERE CONGESTION PLAGUES BANGLADESH PORT OF CHITTAGONG
N. Vasuki Rao |
Bangladesh's Port of Chittagong is again facing severe congestion, with the waiting period for ships
Maritime
HANJIN INAUGURATES KWANGYANG TERMINAL
P.T. Bangsberg |
South Korea's Hanjin Shipping Co. is now operating from its exclusive Kwangyang terminal on the sout
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
CRUDE OIL INVENTORIES REPORTED UP FOR THE WEEK ENDED DECEMBER 18
Journal Of Commerce Staff |
U.S. crude oil inventories rose less than 1 million barrels in the week ended December 18, as compar
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
NORILSK NICKEL WON'T RAISE OUTPUT
Sergei Padalko |
Russia's Norilsk Nickel has no plans to increase nickel and copper output in 1999, officials said.
ACE ADMITS TO NEGOTIATIONS TO BUY CIGNA'S PROPERTY-CASUALTY BUSINESS
From Wire Reports |
Although neither Cigna Corp. nor ACE Ltd. would confirm they have agreed to a strategic alliance, th
QUOTE TO NOTE
Sir Leon Brittan, European Trade Commissioner |
'This dispute is no longer about bananas; it is about respect for the multilateral trade system.'
Maritime
ALL-AMERICAN PRODUCTS, BY THE BOOK
Paula L. Green |
U.S. companies now have a 40-page government handbook, crammed with specific product examples, to he
NEW LEADER SAYS BRAZIL MUST HAVE COURAGE TO MAKE NEEDED REFORMS
Bridge News |
After announcing his new cabinet on Wednesday, Brazilian President Fernando Enrique Cardoso said the
INSPECTORS ON WATCH TO HOOK FISHY CAVIAR IMPORTS TO US
Tom Baldwin |
Party-goers may sniff twice at the caviar on the hors d'oeuvre table this holiday season after an in
TEXTILE IMPORTERS TO PAY FOR US-EU BANANA SPLIT
Paula L. Green |
U.S. vendors of lush cashmere sweaters and designer bed linens are waiting nervously to see if the U
Maritime
KLLM EXPECTS LOSS IN ITS FOURTH QUARTER
JOC Staff |
KLLM Transport Services Inc., an irregular-route truckload carrier, Wednesday said it expects to rep
CP SHIPS-TMM DEAL DELAYED UNTIL JANUARY
JOC Staff |
The joint venture agreement between CP Ships and Transportacion Maritima Mexicana, announced in July
SURVEY: OIL SPENDING SET FOR BIGGEST DROP IN DECADE
David Chance |
Worldwide oil exploration and production spending is set for its biggest decline in more than a deca
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Dec. 23, 1998Prevailing sellers' posted prices at the close of business, represent
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
NAIC TO HAVE MODEST REVENUE BOOST IN 1999
JOC Staff |
The National Association of Insurance Commissioners estimated revenue will be up to $44.4 million, a
MALAYSIAN INSURERS HAVE PREMIUM INCOME DROP
JOC Staff |
Combined premium income of Malaysia's life and general insurance industry fell 2.3 percent to 7.6 bi
TURKEY BEGINS PROCESS OF FORMING GOVERNMENT
JOC Staff |
Turkey's Industry and Trade Minister Yalim Erez said on national television Wednesday that President
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
GERMAN POLICE DISCOUNT RAIL CONFESSION AS HOAX
JOC Staff |
German police on Tuesday detained a man who confessed to making a bomb threat on a railway station,
SPOT COMMODITIES
JOC Staff |
Dec. 23, 1998Included are list prices of suppliers. Quotations do not necessarily represent
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 189.11 up 0.83 wh
TRW TO ACQUIRE ASSETS OF SOUTH KOREAN FIRM
JOC Staff |
TRW Inc., an automotive supplier, reached an agreement to acquire the principal assets of Woo Jin Co
Maritime
PANAMA GOES CONTINENTAL
Emma Griffiths |
A multimodal transportation center for the Americas is being planned for a U.S. military base in Pan
Maritime
RAILROADS CONSIDER SUIT OVER STB RULING
Rip Watson |
Though shippers are pleased with this week's Surface Transportation Board decision that reduced thei
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 23, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 19
*NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 22, 1998Prev. Life of Contr. OpenOpen High
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