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TAIWAN POSTS WEAK GROWTH TAIPEI SCALES DOWN FORECAST
Jeffrey Parker |
Taiwan officials said Friday the nation's economy posted surprisingly weak 5.21 percent growth in th
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
EXEL PLACES CATASTROPHE COVERAGE IN OPEN MARKET
From Wire Reports |
EXEL Ltd. said its subsidiary, X.L. Mid Ocean Reinsurance Co. - the newly merged reinsurance operati
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - August 13, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH
FBI CALLS ADM MOLE A LIAR BUT A NECESSARY EVIL
Mike Robinson |
The FBI agent who led the Archer Daniels Midland price-fixing probe said he knew his mole inside ADM
BRAZIL FEELS STRIKE BRUNT AS OWNERS GO TO COURT
David Warwick |
A strike at the Port of Santos entered the weekend with disruptions to shipping and trade continuing
BRIEFS
From Wire and Staff Reports |
SHIPSJUDGE LETS SHIP'S CREWREMAIN IN CANADAOTTAWA - Four crewmen from the fr
THAILAND ORDERS MERGER OF SEVEN AILING BANKS
Anchalee Koetsawang |
Thailand announced a multimillion-dollar merger of seven financial institutions in a bid to attract
MARYLAND NAMES WHITE AS INTERIM DIRECTOR
Journal Of Commerce Staff |
The Maryland Port Administration named James J. White as acting executive director.He is mov
Maritime
PROFIT SLIPS AT CANADA ENERGY COMPANIES
Robert Curran |
Canadian energy companies Canadian Natural Resources Ltd. and Poco Petroleums Ltd. reported lower se
HUNGARY OIL VENTURE GETS $30 MILLION, 6-YEAR LOAN
Bridge News |
Hungarian company Termektarolo Reszvenytarsasag (TT Rt), a company which stockpiles crude oil, repor
RED (OR GREEN) SCARE IN RUSSIA \ CHINA'S APPLES, PEARS COMPETE WITH US
Kathryn Tong |
The continued growth of U.S. apple and pear exports to the Russian Far East is threatened by Russia'
Maritime
AUSSIES SATISFY RUSSIAN APPETITE FOR BIG BIRDS \ US FIRM ONLY BEGINNING TO EXPLORE THE MARKET
John Helmer |
When it comes to Russia, South Africa's ostrich exporters have their heads firmly planted in sand. I
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of August 14, 1998Quotations are based on prices reported in the market or obtained from
IMF CALLS TURKISH RAISES INFLATIONARY
Reuters |
The International Monetary Fund said Turkey had fallen short in its fight against inflation, and it
YO! THE USS NEW JERSEY SHOULD CALL CAMDEN HOME. SO BACK OFF, BAYONNE
Tom Baldwin |
I dare you to try. Name the 50 states in 15 minutes. No help allowed.Now for the easy part.
Maritime
DROUGHT, FLOOD MAY MEAN HIGHER APPAREL PRICES
Eileen Glanton |
Cotton may keep you cool in the summer - but the market for the white, fluffy stuff will be anything
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
CORRECTION
JOC Staff |
''Back in black, Fritz still idles on Wall Street'' on Page 1A, Tuesday, should have said that on Ju
SINGAPORE FETES BAX FOR TRADE EFFORTS
Journal Of Commerce Staff |
The Singapore Trade Development Board has bestowed its highest honor, the International Trade Award,
CANADIANS HAVE BEEF WITH US "LABEL' BILL
Courtney Tower |
Canadian cattle producers are protesting a bill passed by the U.S. Senate that requires beef and lam
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 14, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
NORTH KOREA THREATENING TO RESUME NUCLEAR PROGRAM
Associated Press |
North Korea warned it may be forced to reactivate its nuclear program unless the United States lifts
Maritime
BRIEFS
From Wire and Staff Reports |
IMF: FAST CUTS WOULDAID GREEK INFLATION FIGHTWASHINGTON - The International Monetary Fund ur
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGAssociation of Ship Brokers and Agents. Applications for home study course, the ''Bas
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeAugust 13, 1998 Brent Crude Oil - (Dollars Per Barrel)<
SENATOR PLANS ANTITRUST HEARINGS ON BP
Frederic J. Frommer |
Citing concerns about decreased competition and foreign control of a U.S. company, a U.S. senator ha
BRIEFS
From Wire and Staff Reports |
HYUNDAI SUSPENDS WORKAS PROTEST CONTINUESULSAN, South Korea - Hyundai Motor Co., South Korea
Maritime
PROSPECTS FADE FOR BRAZIL'S LEFTIST CANDIDATE
Thierry Ogier |
For Luiz Inacio da Silva, Brazil's perennial leftist presidential hopeful, it increasingly looks lik
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
783 (August 14, 1998) Previous day - 780The Baltic International Freight Futures Market in L
Maritime
FOREST PRODUCT RATES NOSE-DIVE
Rip Watson |
Financial upheaval in Asia continues to disrupt shipping patterns and spawn double-digit rate declin
SPOT COMMODITIES
JOC Staff |
August 14, 1998Included are list prices of suppliers. Quotations do not necessarily represen
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 14, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 24
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended Aug. 8, 1998, vs. similar 1997 periodCARS CARSLOADED LOADED<
CONRAIL HIT BY TRACK WORKERS STRIKE
Rip Watson |
A strike by the Brotherhood of Maintenance of Way Employes shut down Conrail Inc. Friday morning, ba
PHILIPPINE SHIPYARDS PROFIT DESPITE SAGGING ECONOMY
P.T. Bangsberg |
The local shipyard units of Singapore's Keppel group managed an overall increase in profit for the f
EARNINGS
From Wire and Staff Reports |
OPERATING EARNINGS FALLAT SELECTIVE INSURANCEBRANCHVILLE, N.J._ Selective Insurance Group In
EUROPEAN INSURERS MOVE TO SETTLE HOLOCAUST SUITS \ COMPANIES FOLLOW SWISS BANKS' EXAMPLE
Ronald Gift Mullins |
Following the announcement last week that Swiss banks have agreed to a $1.25 billion settlement of c
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