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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
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
WORLD CRISES PUT A CRIMP IN HIGH-FLYING GERMAN EXPORTS
Robert Koenig |
With economic turmoil to the east - in Russia and southeast Asia - Germany's high-flying export leve
Maritime
US AND RUSSIA SIGN FOOD AID AGREEMENT
JOC Staff |
The U.S.-Russia food aid deal was signed Wednesday by Russia's deputy prime minister in charge of ag
Maritime
CARGO WATCH: ATLANTIC CONTAINER LINE
PIERS database. |
Key movements in 20-foot ocean container unitsSept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May
Maritime
TRUCKER SUES CARRIER OVER CONTAINER REPAIRS
Terry Brennan |
A New Jersey trucker has filed a lawsuit against Evergreen America Corp., claiming the carrier bille
ATLANTIC LINES OK TACA'S SUCCESSOR
Aviva Freudmann |
An overwhelming majority of carriers active in North Atlantic trade lanes has approved a proposal to
GASOLINE PRICES
JOC Staff |
Dec. 23, 1998RESELLER RACK Unleaded Mid- Premium-Unle
SURVEY: UNHAPPY WORKERS CAN DISABLE A FIRM'S BOTTOM LINE
Gene Linn |
An unhappy worker could well mean an unhappy company.That is one way to look at results of a
INSURER WEIGHS ANCHOR, LEAVES MARINE LINES
JOC Staff |
Terra Nova Insurance Co. has decided to get out of the marine hull and marine energy lines.N
LOW WATER LEVELS CAUSE CARGO JUGGLING IN MONTREAL
Courtney Tower |
Low water levels in the St. Lawrence River are causing some juggling of container cargoes at the Por
Maritime
POLAND STEEL MILL SALE TALKS SUSPENDED
JOC Staff |
Talks on the privatization of Poland's second-biggest steel mill, Huta Tadeusza Sendzimira, have bee
Maritime
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