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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
JAPANESE STEEL COMPANY FILES FOR BANKRUPTCY
JOC Staff |
Yahagi Iron Co., a steel product company, filed for bankruptcy protection at the Nagoya District Cou
Maritime
GUARANTEE INSURERS TO MERGE IN SOUTH KOREA
JOC Staff |
South Korea's two ailing guarantee insurers, Korea Guarantee Insurance Co. and Hankuk Fidelity & Sur
LLOYD'S PUTS PEDAL TO METAL TO RECLAIM ENERGY BUSINESS
Russ Banham |
Once upon a time Lloyd's of London was the do-all and end-all of the energy insurance business, able
EMERY WILL HELP ROYAL AUSTRALIAN AIR FORCE
JOC Staff |
Emery Worldwide reached an agreement to provide logistics services to the Royal Australian Air Force
PEOPLE ON THE MOVE
From Wire and Staff Report |
ANDERSEN CONSULTINGNEW YORK - Greg Owens was named managing partner of the firm's global sup
SOUTHWEST AIRLINES' PILOTS HAPPY WITH PACT
JOC Staff |
Southwest Airlines' pilots have agreed by an overwhelming majority to keep a 10-year salary agreemen
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
WOOD PALLETS TO BE BANNED DEC. 17
Tom Baldwin |
The U.S. government announced it will ban wood-packaged imports from China beginning Dec. 17, firing
INDIA TO OFFER MORE OIL EXPLORATION BLOCKS
JOC Staff |
Petroleum Minister V.K. Ramamurthy said the government will offer contracts for the exploration of 4
Maritime
ENERGY INSURANCE RATES RUN OUT OF GAS
Angela Calise Dauer |
A shrinking client pool caused by oil industry mergers and rock-bottom prices are plaguing energy in
ISM CODE POSES COVER CHALLENGES
Angela Calise Dauer |
Now that implementation of the International Safety Management code has begun, debate has arisen as
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeSeptember 17, 1998 Brent Crude Oil - (Dollars Per Barrel)
GRENADA PARLIAMENT OKS POWER FIRM PRIVATIZATION FOUR YEARS AFTER SALE
Canute James |
Four years after the government sold controlling interest in its power company to a U.S. firm, Grena
BRITISH AEROSPACE POSTS 24 PERCENT INCREASE IN PROFIT
JOC Staff |
British Aerospace PLC announced a 24 percent jump in first-half profit and said record orders should
SOUTHWEST AIR ADDS TO STOPS IN ARIZONA, TEXAS
JOC Staff |
Southwest Airlines Co. will add new nonstop service from Baltimore/Washington to Phoenix and to San
FESCO, CONTSHIP SET VESSEL-SHARING PACT IN AUSTRALIA
Bill Mongelluzzo |
Cargo volume and freight rates are sinking in the U.S.-Australia trade, but this is not deterring ag
Maritime
NO-NONSENSE KELLY DEMANDS ACCOUNTABILITY
Kevin G. Hall |
In his first meeting with top field officers from across the country, new Customs Commissioner Raymo
PAKISTAN SEEKS LOAN BAILOUT FROM IMF
JOC Staff |
Pakistan is seeking a new loan package of around $4.5 billion from the International Monetary Fund t
Maritime
QUOTE TO NOTE
Harold Brauner, President, Brauner International Corp. |
'There is no doubt that the system Customs has now has reached its design limitations.'
Maritime
CANADA REACHES DEAL ON PORK SALES TO CHILE
JOC Staff |
Canadian officials on a market promotion trip to South America reached a deal to ease Canadian pork
Maritime
SWEATSHOP WATCHDOG SLAMS LIZ CLAIBORNE
Grant Mccool |
A leading activist against garment industry ''sweatshops'' has accused U.S. luxury clothing company
Maritime
AIG DECLARES STOCK DIVIDEND
JOC Staff |
The board of directors of American International Group Inc. Thursday declared a quarterly cash divid
INSPECTION SOCIETIES MOVE TO HEAD OF CLASS
Angela Calise Dauer |
The International Association of Classification Societies and its member societies have taken forcef
ECUADOR PLANS REFORMS TO DOUBLE OIL OUTPUT
JOC Staff |
Ecuador's new government has proposed reforms to the country's oil industry that could double oil ou
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 201.83 off 0.98
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - September 17, 1998Prev. Life of Contr. Open Open High
ARCO, TEXACO JOIN CHINESE OIL VENTURE
Bridge News |
Arco subsidiary Arco China Inc. and Texaco Inc. unit Texaco China BV have entered into a petroleum c
HAMBURG STEVEDORE BUILDING BALTIC CONTAINER TERMINAL
Robert Koenig |
Hamburg's main port operator, trying to strengthen its dominance in container transshipments to the
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
SEPTEMBERY2K Issues and the Maritime Industry. Sept. 22. Wilmington, N.C. Meeting to explore
Maritime
JAPAN MOVES TOWARD BANK REFORM, BUT ANALYSTS WARN OF LONG HAUL
Currency Forecast - Gordon Platt |
The yen strengthened from 136 to the dollar to 132 last Thursday as Japan's politicians came one ste
WHITMAN IN MEXICO PROMOTING NEW JERSEY
Mary Sutter |
New Jersey Republican Gov. Christine Todd Whitman will spend the week in Mexico, leading a trade mis
Maritime
NEW YORK'S TOP AUTO INSURERS TRIM RATES
JOC Staff |
Insurance superintendent Neil D. Levin said Thursday that six of the largest automobile insurance wr
INSURERS MUST DEFEND MINI-BLIND LAWSUIT
JOC Staff |
A federal court ruled that insurers must defend a vinyl mini-blind manufacturer facing nationwide cl
COMBINATION OF AON UNITS COULD MEAN STRATEGY SHIFT
John Leming |
Two direct and indirect subsidiaries of Aon Corp., Chicago, have joined forces to offer a range of s
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - September 17, 1998 OPEN INTEREST AND SALES - September 16, 1998All life
GASOLINE PRICES
JOC Staff |
Sept. 18, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pr
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 18, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 2
DOCKERS CRITICIZE NON-UNION WORK
Journal Of Commerce Staff |
A port services consortium at the Port of Vancouver, British Columbia, has improperly transferred sa
THE JOC WANTS TO HEAR FROM YOU
JOC Staff |
The Journal of Commerce welcomes announcements of personnel changes, upcoming events, deaths and oth
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