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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday June 17, 1998Prevailing sellers' posted prices at the close of business, represent
ACE TO BUY LLOYD'S TARQUIN
Reuters |
ACE Ltd. has agreed to buy Tarquin Ltd. in a stock deal totaling about $503.2 million.Tarqui
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 17, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 24.00
OIL FIRMS SCRAMBLE TO HIRE SCARCE SKILLED LABOR
Andrew Kelly |
Oil companies that laid off thousands of employees a decade ago are fighting one another tooth and n
API WEEKLY REPORT \ US CRUDE OIL PRODUCTION DECLINES BY 1 MILLION BARRELS
Journal Of Commerce Staff |
U.S. crude oil inventories fell 1 million barrels in the week ended June 12, as compared with the pr
LOGISTICS FIRMS PLAY THE TRUST CARD
Helen Atkinson |
Third-party logistics providers are gaining huge power in transport planning as their potential cust
US COTTON EXPORTS ARE SEEN UNRAVELING \ LOW VOLUME COULD HAMPER TRANS-PACIFIC RATE EFFORTS
Bill Mongelluzzo |
Trans-Pacific carriers looking for cargo in the weak westbound market should not get their hopes up
FED SELLS DOLLARS TO GIVE YEN A BOOST
Gordon Platt |
The Federal Reserve intervened to sell dollars to boost the yen Wednesday, knocking the dollar off i
INVESTORS BEWARE: SHIPOWNERS' JUNK BONDS RISKY, FINANCIERS SAY
Bruce Barnard |
Shipowners are lining up to issue junk bonds to buy ships in order to ride the boom in freight rates
Maritime
CARGO WATCH: LONG BEACH \ 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
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 17, 1998Quotations are based on prices reported in the market or obtained from su
HIGH-TECH PRODUCT TALKS AT KEY JUNCTURE
John Zarocostas |
Global talks to eliminate all import duties on more than 400 information technology products worth o
Maritime
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* STOCKLOTS, OVERRUNS AND REJECTS. We buy all kinds of stocklots, overr
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 209.02 up 0.48 wh
CORRECTION
JOC Staff |
The article, ''Central America Thinks Intermodal,'' on Page 1B of the Tuesday, June 2, edition misst
Maritime
RUSSIANS STEEL THEMSELVES FOR UNCERTAIN US MARKET
John Helmer |
Russian steelmakers and traders are counting on the U.S. market to continue expanded demand for Russ
Maritime
AMBASSADOR MIDDENDORF WINS ARLEIGH BURKE AWARD
JOURNAL OF COMMERCE STAFf |
The Navy League of the United States recognized Ambassador J. William Middendorf with the 1998 Adm.
Maritime
JOURNAL OF COMMERCE - FAST FACTS \ CHANGING US EXPORTS: ASIA
Global Trade Information, Columbia, S.C. |
No text.
CORRECTION
JOC Staff |
The headline and story on Page 1A Wednesday concerning charges at the Port of New York and New Jerse
JAPAN AIRLINES' UNIONS CANCEL STRIKE FOR TODAY
Bridge News |
The flight crew and cabin attendants unions of Japan Airlines Wednesday canceled a strike planned fo
TRIPARTITE SHIPPING ALLIANCE IS PACKING AN INCREASINGLY HARDER PUNCH IN ASIA
Paul Richardson |
An alliance packing the container-capacity clout of three of Asia's largest shipping lines is rapidl
Maritime
BRIEFS
From Wire and Staff Reports |
SHIPSTANKER RAMS, SINKSGRAVEL SHIP AT KEELUNGTAIPEI - A Taiwan gravel ship d
DOLLAR RISES SHARPLY AFTER FED SHOWS YEN FOR THE JAPANESE
Wire And Staff Reports |
* Noon Wednesday - The U.S. dollar remained sharply higher against the Japanese yen at midday Wednes
EUROPEAN BANKS URGED TO CONTINUE RESTRUCTURING
Bridge News |
A study by the Bank for International Settlements urges continental European banks to continue restr
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
GASOLINE PRICES
JOC Staff |
June 17, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pre
BALTIC FREIGHT INDEX
JOC Staff |
911 (June 17, 1998) Previous day - 908The Baltic International Freight Futures Market in Lon
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
SOFTWARE CONSULTANT OFFERS EASY PLANNING \ PROGRAM PUTS FOCUS ON NON-COST FACTORS
Helen Atkinson |
Chesapeake Decision Sciences, a supply chain software consultant, has developed a software package i
MARINE CORPS LOGISTICS EXPERT TO HEAD SEAMEN'S ACADEMY
Ashli Mulholland |
The next superintendent of the U.S. Merchant Marine Academy is a Marine Corps logistics expert and A
Maritime
PHILIPPINE AIRLINES FIRES 5,000 WORKERS AS RIVAL TAKES WING
P.T. Bangsberg |
As the Philippines' largest air carrier begins cutting staff wholesale to survive, another is seekin
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 16, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 24
SPOT PRODUCT PRICES
JOC Staff |
June 15, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Department of Agriculture; Journal of Commerce |
No text.
CHINA ALUMINUM USE SEEN IN LINE WITH GDP GROWTH
Andy Home |
Chinese aluminum consumption is expected to continue growing in line with gross domestic product gro
EU FEARS FLOOD OF JAPANESE IMPORTS \ PROSPECT OF CHINESE DEVALUATION LINGERS
Bruce Barnard |
The European Union is bracing for a fresh outbreak of trade tension with Tokyo, as the plummeting ye
TRADE CALENDAR
JOC Staff |
REGIONAL BLOCSSecond Annual Taxation in Latin America. June 17-19. Miami. Contact: Natalie B
Transport, Trade and Regulation News
ASIA.COMMERCE
P.T. Bangsberg |
If everyone really is talking about e-commerce, many in Southeast Asia are doing more than just ta
Transport, Trade and Regulation News
SOME NEW INSTRUMENTS ARE SO WORTHY TRADERS CANNOT AFFORD TO PASS THEM UP
Frank Reynolds |
Frequent readers will recall that this column occasionally spreads the word about export instruments
Transport, Trade and Regulation News
WORLD BRIEFS
Economist Intelligence Unit; Knight-Ridder/Tribune Business |
WESTERN EUROPEALPINE REGIONA study prepared for the EU Commission shows that railway
Transport, Trade and Regulation News
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