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FRIENDLY ADVERSARIES
BSY Associates |
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Maritime
GASOLINE PRICES
JOC Staff |
July 9, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLEA
RUSSIA'S ECONOMIC WOES LATEST BLOW TO OIL ARENA
Richard Mably |
Russia's foundering economy is the latest blow for a world oil market already suffering a severe dow
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 8, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH LO
RUSSIAN MINE LICENSE FLAP IMPERILS US PLATINUM TRADE
John Helmer |
Archangel Diamond Corp. this week revealed a dispute with its Russian partners over a mining license
BRAZILIAN RAIL-LINK BUILDER IN MERGER \ FERRONORTE TEAMS WITH RAILROAD CONSORTIUM
Thierry Ogier |
Ferronorte, a company constructing an ambitious rail link between grain-producing central western Br
EUROPEAN PORT ROUNDUP
JOC Staff |
ASIAN 'FLU' IMPERILSHEALTH OF MED PORTSAsia's financial crisis threatens to abruptly end the
Maritime
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of July 9, 1998Quotations are based on prices reported in the market or obtained from sup
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJuly 8, 1998 Brent Crude Oil - (Dollars Per Barrel)
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
WEEKLY COAL EXPORTS \ WEEK OF JUNE 29 - JULY 3, 1998
PIERS, New York |
Only table.
FDX CORP. SEES GAINS FROM CALIBER
Helen Atkinson |
A generally good picture emerged late Wednesday from the slightly tangled financial results of FDX C
GULF SHIPPERS, OTHER RAILROADS WANT END TO UNION PACIFIC'S HOUSTON HOLD
William Roberts |
Gulf Coast shippers and competing railroads have asked the Surface Transportation Board to permanent
CUSTOMS AGENCIES URGED TO SPEED HARMONIZATION \ TECHNOLOGY IS LACKING, BROKERS AT MEETING SAY
Bill Mongelluzzo |
Customs agencies in the industrialized nations say they are moving forward aggressively to harmonize
Maritime
BRIEFS
From Wire and Staff Reports |
ST. PAUL EXPECTS STORMLOSSES OF $155 MILLIONST. PAUL, Minn. - St. Paul Cos. said that widesp
2ND-LARGEST BANK IN CHILE STARTS SELLING INSURANCE
From Wire And Staff Reports |
Banco Santander Chile said it has launched an insurance brokerage business which marks the first tim
PEOPLE ON THE MOVE
From Wire and Staff Reports |
FIREMAN'S FUNDRay Mazzotta was named commercial insurance division vice president of the hea
FABRIC PRODUCTION DOWN 1.3 PERCENT
John Zarocostas |
Global fabric production in the first three months of this year dipped by 1.3 percent compared with
Maritime
DO YOU NEED A SINGLE SOURCE FOR EMPLOYEE BENEFITS COVERAGE? READ ON
JOC Staff |
Insurers, brokers, agents and industry providers introduce new and improved products and services so
US QUESTIONS COLOMBIA'S SALT IMPORT RESTRICTIONS
John Zarocostas |
The United States said plans by Colombia to introduce quantitative restrictions on imports of refine
Maritime
SPOT PRODUCT PRICES
JOC Staff |
July 8, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 22, 1997 - July 9, 1998 (a graph)*
US, CHINA EXTEND SHIP PACT, FOR NOW \ AGREEMENT ONE OF FEW BETWEEN BOTH COUNTRIES
Tim Sansbury |
The United States and China have agreed to a brief extension, to Sept. 15, of a 10-year-old pact gov
Maritime
SPOT PRODUCT PRICES
JOC Staff |
July 7, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
SPOT COMMODITIES
JOC Staff |
July 7, 1998Included are list prices of suppliers. Quotations do not necessarily represent p
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
FORECAST: US TRADE DEBT TO RISE $35 BILLION
Martin Crutsinger |
Economic troubles in South Korea, Indonesia and five other hard-hit Asian countries will result in a
Maritime
SECURITY PROTECTS PROFIT
Kevin G. Hall |
Who says crime doesn't pay? For Harold Frank, it pays so well he has built a successful business.
SECURITY TIP \ WHAT IMPORTERS AND EXPORTERS SHOULD ASK:
JOC Staff |
* Is my air cargo carrier a member of the Supercarrier Initiative, the Business Anti-Smuggling Coali
CASH CRUNCH MAY FORCE SALE OF CANADA'S ARAKIS ENERGY
Jeffrey Jones |
Arakis Energy Corp.'s efforts to raise enough money to fund its share of a major oil development in
CARIBBEAN COUNTRIES ARE LOOKING TO THE SKY TO SWELL THEIR COFFERS
Canute James |
Caribbean countries will try to gain more from the use of their airspace by international airlines.<
WINNPORT LOGISTICS IN DEAL WITH UNISYS
Journal Of Commerce Staff |
Winnport Logistics Ltd., a Canadian transportation consortium, has signed a 10-year, $5 million cont
EU CLEARS BA-AMERICAN AIRLINES ALLIANCE FOR TAKEOFF
Bruce Barnard |
British Airways and American Airlines said their long-delayed alliance was close to takeoff Wednesda
BANGLADESH DEVALUES CURRENCY BY 1.7 PERCENT
N. Vasuki Rao |
Bangladesh devaluated its currency, the taka, by 1.7 percent against the U.S. dollar to encourage ex
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 7, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH LO
RAILROADS: WE'LL TRY TO DO OUR BEST IN THE FALL
Bill Mongelluzzo |
Railroads are assuring shippers they will be ready for the peak shipping season - but only up to a p
BRIEFS
From Wire and Staff Reports |
INDIA OKS DREDGINGOF TUTICORIN CHANNELNEW DELHI - The Indian government approved a proposal
CORPORATE INVESTORS UPSTAGE LLOYD'S NAMES
Sarah Holmes |
The future for the Names of Lloyd's of London looks increasingly bleak as these traditional, individ
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