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MARAD EMPLOYEE PLEADS GUILTY TO TAKING BRIBES FOR CONTRACTS
Tim Sansbury |
A four-year FBI sting operation targeted fraud in the maritime industry, but the first guilty plea s
INTERCARGO CORP. POSTS $771,000 LOSS
From Wire and Staff Reports |
Intercargo Corp. reported a third-quarter 1998 loss of $771,000, compared with net income of $27.9 m
NIPPON LIFE IN VENTURE WITH DEUTSCHE BANK
JOC Staff |
Japan's Nippon Life Insurance Co. and Deutsche Bank AG will form a joint asset management company, a
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
CARGO WATCH: NEW ORLEANS
PIERS database. |
Key movements in 20-foot ocean container unitsJul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. A
Maritime
WALTER LOUGHERY, MARITIME VETERAN, DIES AT 81
Journal Of Commerce Staff |
Walter J. Loughery, a longtime president of San Francisco steamship agency Williams, Dimond & Co., d
Maritime
US SUSPECTS CHINA GAVE MISSILE TECHNOLOGY TO IRAN AND PAKISTAN
Charles Hutzler |
Washington suspects China may have transferred missile technology to Iran and Pakistan despite Chine
Maritime
CHINA UNLIKELY TO DEVALUE YUAN IN NEAR FUTURE
Gordon Platt |
China is unlikely to devalue the yuan early next year, because it has no sufficient economic reason
SHIPOWNERS MAY GET SLICE OF DANISH PORTS
The European ports roundup is written by Aviva Freudmann and |
The Danish government is considering legislation to allow shipowners to become co-owners of the coun
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 2 - Nov. 12, 1998 (a graph)* Annual
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Nov. 12, 1998Prevailing sellers' posted prices at the close of business, representi
ROADWAY TAKING AES TO BORDER
Kevin G. Hall |
The U.S. Customs Service, the Bureau of Census and Roadway Express Inc. today team up to promote the
ACCESS TO CHINA'S MARKET POSES CHALLENGE FOR BRAND-NAME GOODS
P.T. Bangsberg |
How do you crack a market whose customers deem it open while many suppliers feel it is too restricte
TAIWAN ASSUMES CONTROL OF PORTS
P.T. Bangsberg |
In the latest move to restructure its ports, Taiwan's government will take over direct control of th
Maritime
RUSSIAN INSURERS SEEK GOVERNMENT AID
John Helmer |
The Russian Insurers Association, an organization of Russia's insurance companies, has appealed to t
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ZURICH FINANCIAL SERVICES GROUPBarry Gilway, president and chief executive of subsidiary Zur
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
LINES URGED TO PROVIDE FREE TRANSPORT FOR HURRICANE AID
Journal Of Commerce Staff |
Great White Fleet (US) Ltd. issued a statement calling on ocean carriers to provide free transport f
Maritime
NATIONWIDE TO BUY 90 PERCENT OF AXA'S PANEUROPELIFE
JOC Staff |
Nationwide Insurance Co. said it will acquire a 90 percent stake in Luxembourg-based PanEuropeLife f
BOTSWANA PRESIDENT SEEKS DIVERSIFICATION
JOC Staff |
Although Botswana is trying to keep its mineral sector internationally competitive, the unpredictabl
Maritime
PRETRIAL CONFERENCE SET IN TEXTILE SMUGGLING CASE
Paula L. Green |
The U.S. government's case against a Hong Kong man accused of smuggling more than $10 million worth
Maritime
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended11-6
P&O NEDLLOYD, UNION AGREE ON BUYOUT PACKAGE
Reuters |
P&O Nedlloyd has reached an agreement with a seafarers' union about its plans to replace 330 British
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 12, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 20
NY/NJ PLANS TO FOLLOW BOSTON'S LEAD TO LOWER CHANNEL-DEEPENING COSTS
Terry Brennan |
The Port of New York and New Jersey hopes to substantially cut the cost of deepening its channels by
Maritime
CSX, CP FAIL TO REACH DEAL ON NEW YORK ACCESS
Rip Watson |
Just months before the planned division of Conrail Inc., CSX Transportation and Canadian Pacific Rai
WORLD BRIEFS
Economic Intelligence Unit, Associated Press, Reuters and |
SINGAPORE UNVEILSTRAINING PROGRAMSingapore has unveiled an ambitious five-year plan to try t
FRENCH FIRM TO BUILD ENERGY TURBINE IN MEXICO
Mary Sutter |
Electricite de France International will invest $220 million to build and operate a 450 megawatt the
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNovember 9, 1998 Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
Nov. 10, 1998RESELLER RACK Unleaded Mid- Premium-Unle
GERMAN, CZECH NATURAL GAS GROUPS LINK GRID
JOC Staff |
Southern German natural gas supplier Ferngas Nordbayern (FGN), which is 63 percent owned by natural
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 |
811 (November 10, 1998) Previous day - 821The Baltic Exchange in London on Tuesdays and Thur
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
CARGO WATCH: MITSUI O.S.K. LINES
PIERS database. |
Key movements in 20-foot ocean container unitsJul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. A
Maritime
THREE LINES' EUROPE-MONTREAL SERVICE TO BE PUT TO THE SUPREME TEST IN WINTER
SLOT WATCH - Paul Richardson |
Of course, we only touched on what is happening right now (''Old maritime hands give Montreal new po
Maritime
FOREIGN FUNDS FLOW INTO ASIA DESPITE TURMOIL
Ron Corben |
Triggered by Asia's crisis, mergers and acquisitions have pushed foreign direct investment to formid
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Journal of Commerce |
No text.
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
APEC SEEKS TARIFF PACT ON PAPER
Richard Lawrence |
It's now the biggest free- trade show in town says W. Henson Moore, the tough-talking preside
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