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MARINE INSURERS CAUGHT IN STORM
Ronald Gift Mullins |
Perhaps at no time in the last 100 years have marine underwriters faced a more challenging period, d
GERMAN TRUCKERS FACE FUEL TAXES AND ROAD TOLLS BASED ON DISTANCE
Robert Koenig |
German motor carriers, already complaining about a planned increase in fuel taxes, face the threat o
US LOGISTICS GIANT ENTERS INDIA MARKET
N. Vasuki Rao |
Geologistics Ltd., a subsidiary of global logistics company Geologistics Corp., will begin operation
6 SECTORS GAIN AS JOC INDEX OUTPACES DOW
Gregory S. Johnson |
The Journal of Commerce Stock Index jumped 2.85 percent last week to close at 4242.5, edging out the
CARGILL GROWS, CLOAKED IN SECRECY
Emily Kaiser |
It isn't easy being green.Green is the color of agricultural powerhouse Cargill Inc.'s corpo
CUBA SIGNS EXPLORATORY OIL DEAL WITH PETROBRAS
Associated Press |
Petroleos Brasileros has signed a six-year agreement to explore for oil in Cuba, the Cuban governmen
GASOLINE PRICES
JOC Staff |
Nov. 23, 1998RESELLER RACK Unleaded Mid- Premium-Unle
DEUTSCHE BANK TO PAY $93 A SHARE FOR US BANK
JOC Staff |
Deutsche Bank AG and Bankers Trust Corp. said Monday that they are in the advanced stages of talks c
Maritime
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Nov 23, 1998Quotations are based on prices reported in the market or obtained from sup
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - November 20, 1998 OPEN INTEREST AND SALES - November 19, 1998All life-o
CORRECTION
JOC Staff |
A story Monday on Page 1A with the headline ''APL's move could drive rates down in Atlantic'' should
GROUP WANTS TO RETHINK APPROACH TO HARBOR TAX
Tim Sansbury |
A group of 150 public officials and maritime industry lobbyists convened by Transportation Secretary
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 23, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 20.90
INDIA TO INTRODUCE EDI TO CUT PAPERWORK
N. Vasuki Rao |
After a rather late and slow start, Indian customs will introduce electronic data interchange at sev
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
960 (November 23, 1998) Previous day - 962The Baltic International Freight Futures Market in
Maritime
WILD, WILD EAST
Ian Putzger |
Shippers who have moved products by air to the former Soviet Union know it's still the ''Wild East.'
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 199.18 off 1.08 wh
FAR-FLUNG FOOD AIRLIFTED TO MEET EXPANDING TASTES
Ian Putzger |
The growing season in California is over, but this is a busy time for Able Freight, a Los Angeles fo
INSURER STRATEGIES SEEN TO EVOLVE RAPIDLY
Wire Reports |
A study on information technology implementation within the insurance industry reveals that the focu
UNIONS HIT INDIA'S MARKET OPENING
N.Vasuki Rao |
Trade unions are gearing up to oppose the government's opening of the insurance business to private
EU STALLS FOR TIME IN BANANA DISPUTE
Aviva Freudmann |
The long-running banana dispute between the United States and the European Union is entering an end-
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
INTERNATIONAL BUNKER PRICES
Journal Of Commerce Special |
LONDON - The following fuel oil prices are for the week ending Nov. 16, 1998 as supplied by the bunk
Maritime
FREIGHTED WITH PASSION
Gene Linn |
There must be something special about shipping helicopters and their spare parts around the world.
SHIPPERS EAGERLY EMBRACE THE ELECTRONIC AGE
Don Amerman |
Not even the world wide preoccupation with the Year 2000 computer problems has been able to halt s
EX-ATA CHIEF DONOHUE JOINS UNION PACIFIC BOARD
Rip Watson |
Thomas Donohue, the colorful former president of the American Trucking Associations, is joining the
CARGO WATCH: ZIM CONTAINER
PIERS database. |
Key movements in 20-foot ocean container unitsAug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.
Maritime
UPR SELLS DOMESTIC GAS BUSINESS FOR $1.35 BILLION
Associated Press |
Union Pacific Resources Group is selling its domestic natural gas gathering, processing, pipeline an
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNovember 20, 1998 Brent Crude Oil - (Dollars Per Barrel)
ILLINOIS SENATE PASSES HOLDING COMPANY BILL
JOC Staff |
The Illinois Senate has passed a bill that will allow policyholder-owned insurers based in the state
HUATAI INSURANCE OPENS BRANCH IN SHANGHAI
JOC Staff |
Huatai Insurance Co., the first Chinese shareholding property insurer, has opened a branch in Shangh
TRADELEADS
JOC Staff |
The following tradeleads appear exclusively in print in The Journal of Commerce. The leads are curre
Maritime
GEORGIA HOLDS HEARING ON COMMERCIAL LINES DEREGULATION
John Leming |
A rule proposed by Georgia Insurance Commissioner John W. Oxendine to deregulate commercial lines wa
SEDGWICK CLAIMS BUYS CONSULTANT INTEGRACOMP
JOC Staff |
Sedgwick Claims Management Services Inc. has bought Integracomp LLC, a consulting firm specializing
AFRICAN BANK APPROVES SUPPORT LOAN TO GHANA
JOC Staff |
The African Development Bank has approved an $18.65 million economic support loan to Ghana, from the
Maritime
ASIA CRISIS TO LOWER GLOBAL STEEL DEMAND
John Zarocostas |
Global steel demand is forecast to decline by 2 percent in 1998, or 12 million tons less then 1997,
SPOT COMMODITIES
JOC Staff |
November 23, 1998Included are list prices of suppliers. Quotations do not necessarily repres
KBC OF BELGIUM TAKES OVER CZECH COMPANY
JOC Staff |
Belgium's KBC Insurance is taking over a strategic 34 percent stake in Czech insurance company Chmel
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
CONTINENT IS EURO-READY DOLLAR'S DOMINANCE TESTED
Gordon Platt |
U.S. companies have less than five weeks left to get ready for the euro, which will bring widespread
Maritime
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