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MERCHANT MARINE LIBRARY GROUP HONORS AMERICAN STEAMSHIP CO.
Journal Of Commerce Staff |
The American Merchant Marine Library Association presented several awards for outstanding support to
Maritime
SEN. LOTT STUMPED ON SHIP REFORM
William Roberts |
Senate Majority Leader Trent Lott met Tuesday with Rep. Bob Stump, the chairman of the House Veteran
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 23, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH L
SENATE BLOCKS ANTI-COSCO AMENDMENT
William Roberts |
Sen. Jim Inhofe, R-Okla., blasted the China Ocean Shipping Co. in a speech on the Senate floor this
STB SETS RAIL MERGER SCHEDULE \ PROCESS IS OUTLINED FOR CN-IC MARRIAGE
Rip Watson |
The Surface Transportation Board proposed a 300-day schedule for reviewing the merger application ex
TAMPA ADDS THIRD SERVICE TO CENTRAL AMERICA
Kevin G. Hall |
A third Central America service was launched Wednesday from the Port of Tampa, connecting the Florid
BRIEFS
From Wire and Staff Reports |
AETNA WILL LET EMPLOYERSBUY SPECIAL VIAGRA COVERHARTFORD, Conn. - Aetna U.S. Healthcare, whi
POLISH OCEAN LINES SHAPES UP \ OFFICIAL SAYS CARRIER AWAITS APPROVAL FOR PRIVATIZATION
Robert Koenig |
With a reorganization in place and its privatization possibly on the horizon, Polish Ocean Lines is
Maritime
IOWA STICKS TO TITLE INSURANCE BAN \ GOVERNMENT FILLS VOID, BUT OWNERS CAN BUY COVER ELSEWHERE
Gene Linn |
Don't try to buy title insurance in Iowa because you can't. It is the only state in the union that d
EXPORT REBATES SEEN AIDING CHINA'S YARDS
P.T. Bangsberg |
A continued strong currency is dampening some Chinese exports, so the government is moving to help b
Maritime
CARGO WATCH: MITSUI O.S.K. LINES \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
March April May June July Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. April97 97 97 9
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday June 24, 1998Prevailing sellers' posted prices at the close of business, represent
NAFTA "GREEN' COUNCIL MEETS AMID DOUBTS ABOUT ITS ROLE
Mary Sutter |
Nafta's Commission for Environmental Cooperation is mapping out priorities and and an agenda this we
Maritime
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* PRODUCTS WITH MARKET POTENTIAL. In connection with the increase in the Chines
Maritime
FLORIDA DROUGHT SOCKS FARMERS
Lester Aldrich |
Florida's worst drought since possibly 1952 is hurting the state's economy, but no one knows how bad
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 216.47 up 2.03 wh
SPOT COMMODITIES
JOC Staff |
June 24, 1998Included are list prices of suppliers. Quotations do not necessarily represent
QUOTE TO NOTE
Rep. Byron Rushing, Massachusetts state legislator. Commenting |
'Without sanctions, (South African President Nelson) Mandela would be dead now.'
Maritime
KEMPER, EMLICO REACH SETTLEMENT
TOM McNIFF JR. |
Kemper Reinsurance and Bermuda-based joint liquidators for Electric Mutual Liability Insurance Co. h
BILL TO CHANGE PRUDENTIAL'S STATUS GOES TO NEW JERSEY GOVERNOR
John Leming |
Prudential Insurance Co. of America got a major boost in its efforts to continue to penetrate global
CARGO LINES FEAR BA-AA SELLOUT
Bruce Barnard |
The two-year agony of British Airways and American Airlines is about to end as Karel Van Miert, the
UNOCAL TO INVEST $4 BILLION IN INDIAN PROJECTS
N. Vasuki Rao |
Los Angeles-based Unocal Corp. has outlined an ambitious five-year plan for India, promising investm
CLINTON'S PLAN ON HARBOR TAX IN THE WORKS
Journal Of Commerce Staff |
The Clinton administration plan to replace the harbor maintenance tax won't surface until later this
DAYS OF YESTERYEAR: IBM JOINS FREE SOFTWARE PARADE WITH APACHE
Alan Abrams |
You remember the good ol' days, don't you? The Internet was just beginning its rapid explosion into
IVORY COAST COCOA, COFFEE EXPORTER ACQUITTED OF FRAUD CHARGES
JOC Staff |
Abidjan-Francois Bakou, chief executive of leading Ivory Coast cocoa and coffee exporting company Je
BALTIC FREIGHT INDEX
JOC Staff |
888 (June 24, 1998) Previous day - 896The Baltic International Freight Futures Market in Lon
Maritime
SANCTIONS FLEXIBILITY SOUGHT \ CLINTON AIDES, SENATORS MEET ON CURBING TRADE PENALTIES
William Roberts |
Fueled by the latest difficulties encountered by the State and Commerce departments in sanctioning I
MEXICO KEEPS WARY EYE OUT FOR ASIAN DUMPING
Mary Sutter |
Mexican clothing, shoe and textile industry executives are keeping a worried eye on Asian competitor
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 24, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 24.00
ALL NIPPON AIRWAYS MOVES TO CUT COSTS
Associated Press |
All Nippon Airways Corp., Japan's second-largest airline, announced a series of cost-cutting moves a
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
DOLLAR RISES AS US OFFICIAL SAYS JAPAN REMAINS A CONCERN
Wire And Staff Reports |
* Noon Wednesday - The U.S. dollar continued to climb against the Japanese yen and was little change
GASOLINE PRICES
JOC Staff |
June 24, 1998RESELLER RACK UNLEADED MID- PREMIUM-UNLE
PANAMA CANAL RAISES DRAFT LIMIT
Bridge News |
Panama Canal officials Tuesday raised the maximum authorized draft for shipping to 38.5 feet (11.73
DIRECTED BY EX-POLICEMEN, CARGO THIEVES HIT ONE STREET OVER AND OVER IN MEXICO
Mary Sutter |
An average of three trucks are robbed each week on one street alone in Mexico City, according to a r
CGM TURNS CORNER ON PROFIT AS CMA CHURNS
Aviva Freudmann |
Compagnie Generale Maritime, acquired by CMA-CGM Holding, reversed 10 years of losses in 1997, earni
PRICES FOR NEW SHIPS SINK IN ASIA AS ECONOMIC CRISIS FAILS TO BLOW OVER
Paul Richardson |
Asian countries are still grappling with their economic problems despite some reports that indicate
Maritime
US, EU URGE NIGERIA TO REMOVE TRADE BARRIERS
John Zarocostas |
The United States and other major powers strongly urged Nigeria on Wednesday to remove the long list
Maritime
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