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TOO MUCH OIL AND SAGGING PRICES FORCE CHINA TO CAP ITS WELLS AND INVESTMENTS
P.T. Bangsberg |
China is scaling back production and investment at many onshore oil fields, including one of its big
CUBA MAY SHUT MANY SUGAR REFINERIES
From Wire Reports |
Cuba is considering closing a large number of its 156 sugar refineries, at least temporarily, the we
COAL TERMINAL REPORT
JOC Staff |
Aug. 17, 1998This table shows the vessels scheduled to call at U.S. coal terminals and the e
OPEC DISCUSSING OIL MARKET, BUT NOT MEETING
Bridge News |
Organization of Petroleum Exporting Countries ministers are consulting ''very intensively'' about th
QUOTE TO NOTE
Cynthia Latta, Principal U.S. economist, DRI/McGraw-Hill Inc., |
'It (imported oil) is certainly bigger than anything contributed by Asia.'
Maritime
QUOTA WATCH
International Development Systems Inc., Washington, D.C. |
Current Textile Quotas:Where the average recent utilization rate indicates full quota utiliz
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Monday Aug. 17, 1998Prevailing sellers' posted prices at the close of business, representing
TRANSPORTATION STOCK INDEX
Bridge News |
COMPANY PERFORMANCEWEEKLYFRIDAY'S PERCENTAGE P/E 52-WEEK 52-WEEKS
CHEMICAL SECTOR EXPANDS IN TRINIDAD
Canute James |
The commissioning of two ammonia plants in Trinidad and Tobago has made the country one of the world
Maritime
STB SETS SCHEDULE FOR CN MERGER PLAN
Rip Watson |
The Surface Transportation Board set the final schedule for reviewing the proposed merger of Canadia
TOCKS RIDE BAD WEEK FOR MARKETS
Tom Baldwin |
Lasers decidedly outpaced winners last week in The Journal of Commerce Transportation Index, with Fl
BRIEFS
From Wire and Staff Reports |
SANCTIONS SLOW HUGHES'INDIAN PHONE PLANSNEW DELHI - The head of the Indian unit of Hughes El
Maritime
MCMULLEN IS SOLD
Journal Of Commerce Staff |
John J. McMullen Associates Inc. was purchased by the management and a newly formed employee stock o
BRIEFS
From Wire and Staff Reports |
RAIL UNION ENDSSTRIKE AGAINST CONRAILPHILADELPHIA - Service has returned to normal on Conrai
PARTS MAKER REBUTS WORKER ACCUSATIONS
Courtney Tower |
A large U.S.-based multinational automotive parts maker has rebutted, chapter and verse, a wide rang
Maritime
FMC BOX PROBE OF CHINA TO GIVE LIFT TO FORWARDERS
Tim Sansbury |
The Federal Maritime Commission's investigation of China's container shipping policies has given new
INDONESIA'S HARD-HIT GARUDA RETURNS LEASED BOEINGS
Reuters |
Indonesia's financially strapped flag carrier Garuda has been allowed to cut short long-term aircraf
UPS SAW NET RISE 35 PERCENT IN 2ND QUARTER
Journal Of Commerce Staff |
United Parcel Service posted second-quarter earnings of $458 million, up 34.7 percent from the $340
CHINA EYEING LEGAL SECTOR \ FOREIGN LAW FIRMS MAY GET MORE LATITUDE
P.T. Bangsberg |
China is hinting at further relaxation in its legal sector, a move that would permit overseas firms
Maritime
BRIEFS
From Wire and Staff Reports |
NJ INSURANCE REGULATORRESIGNS FOR SPORTS POSTTRENTON, N.J. - Elizabeth E. Randall has resign
EARNINGS
From Wire and Staff Reports |
AMERICAN RE'S EARNINGSSOARED IN SECOND QUARTERPRINCETON, N.J. - American Re Corp. had net in
GROUP UNVEILS $1.76 BILLION PLAN TO UPGRADE BUENOS AIRES AIRPORT
Beth Rubenstein |
The new manager of 33 formerly government-run airports in Argentina has presented a long-awaited and
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* INNOVATIVE PRODUCTS, INKJET PRINTER CARTRIDGE. Our Australian principal clien
Maritime
AMERICAN INTERNATIONAL WILL EXPAND IN BULGARIA
Reuters |
American International Group Inc. plans to expand its operations in Bulgaria, the company's Sofia re
GRAIN GROUP, RAILS REACH PACT
Rip Watson |
The National Grain and Feed Association on Sept. 1 will unveil the terms of an agreement with U.S. r
AIR AUTO CARGO IS STALLING \ PARTS SUPPLIERS MOVING NEARER TO ASSEMBLY PLANTS
Ian Putzger |
The auto industry has traditionally been a major customer for air freight providers. But that relati
TRIBASA MAKES FIRST RAIL PAYMENT TO MEXICO
Mary Sutter |
Grupo Tribasa will make its initial payment today on the southeast railroad, the third and final pie
MINNESOTA GOVERNOR ASKS FOR NORTHWEST STRIKE PLAN
Associated Press |
Minnesota Gov. Arne Carlson has asked state agencies to work on contingency plans for thousands of p
COURT SAYS TEAMSTERS LEADER SEVER VIOLATED UNION ELECTION RULES
Kevin Galvin |
A court-appointed officer has found that acting Teamsters President Tom Sever committed ''very serio
MONY BOARD OKS DEMUTUALIZATION PLAN
From Wire Reports |
Mutual Life Insurance Co. of New York (MONY) has announced that its board of trustees adopted the co
BILL WOULD EASE COMPANIES' FEARS OF SHARING 2000 DATA
Ronald Gift Mullins |
Recently introduced federal legislation will provide companies that disclose Year 2000 remediation e
ERA OF THE MEGA-TERMINAL
Bill Mongelluzzo |
Visitors to the Port of Los Angeles will notice a large land mass rising slowly out of the water in
Maritime
INTERNATIONAL BUNKER PRICES
Journal Of Commerce Special |
The following fuel oil prices are for the week ending Aug. 10, 1998 as supplied by the bunker fuel d
Maritime
THAILAND TRIES TO CREATE MERCHANT MARINE
P.T. Bangsberg |
Thailand's long-becalmed project to create a merchant marine hit another sandbar when shipowners cal
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
August 14: 783
Maritime
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Futures Center |
RECENT VESSEL SALESSALE DATE VESSEL YEAR PRICE
Maritime
CARGO WATCH: LOS ANGELES \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June97 97 97 97 97 9
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
784 (August 17, 1998) Previous day - 783The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 17, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
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