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ASIAN SHIP LINES: WE'RE NOT GUILTY \ MEETING DIDN'T VIOLATE FMC RULES, GROUP SAYS
Carla Rapoport |
The Asian Shipowners Forum, a group little-known in the United States whose members are subject to a
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 8, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 25.00
BRIEFS
From Wire and Staff Reports |
HONG KONG SIGNS AIRPACT WITH LUXEMBOURGHONG KONG - The government said it signed an air serv
KOREA CAR-CARRIER MARKET IN HIGH GEAR
Carla Rapoport |
Despite a weak market for secondhand bulk vessels, recent resales of South Korean car carriers have
Maritime
NEW JERSEY SMALL EMPLOYERS TO GET COMP PREMIUM BREAK
John Leming |
Small employers in New Jersey now can avail themselves of the same kind of loss-control strategies t
QUOTA WATCH
International Development Systems Inc., Washington |
CURRENT TEXTILE QUOTAS:Where the average recent utilization rate indicates full quota utiliz
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
RISK CAPITAL HOLDINGS INC.Mindy Pollack has joined the firm's Risk Capital Reinsurance subsi
AIR TRANSPORT CALENDAR
JOC Staff |
SUPER FLORAL SHOW. June 18-20. Columbus, Ohio. Contact: (602) 998-3992, fax (602) 998-7838, or e-mai
CORRECTION
JOC Staff |
TRANSPORTATION STOCK INDEXEmons Transportation Group's stock change was incorrectly listed l
THE DIVIDENDS OF DEMOCRACY \ MANUFACTURED GOODS JOIN TRADITIONAL PRODUCTS TO SPUR DEVELOPMENT
Patricia B. Demetrio |
Economic development and democracy are spurring trade growth in Central America.Traditional
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
893 (June 8, 1998) Previous day - 900The Baltic International Freight Futures Market in Lond
Maritime
BRIEFS
From Wire and Staff Reports |
JAPANESE INSURERS TOBOOST BOND INVESTMENTSTOKYO - Japan's largest life insurers are planning
CHANGE IS GOOD, EMPLOYEES SAY NOW \ WHEN CONSUMERS BENEFIT, WORKERS PRAISE THE SWITCH
Angela Calise Dauer |
Employees are a lot less resistant to change now than they've been in the past, according to a Watso
MEXICO PROJECTS CHEMICAL SECTOR SLOWDOWN
Mary Sutter |
Mexico's chemical industry projects a 5 percent increase in production for the second quarter of 199
INTRENET EXTENDS LOGISTICS REACH WITH ACQUISITION \ EXPANSION IS SECOND IN TWO-MONTH PERIOD
Gregory S. Johnson |
Intrenet Inc., making good on a promise to expand its business through acquisitions, has made its se
FREIGHT RATE FUTURES
JOC Staff |
June 8, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
HAPAG-LLOYD PULLS OUT OF 2 PACIFIC AGREEMENTS
Bill Mongelluzzo |
The agreements that allow ocean carriers to meet and discuss freight rates in the trans-Pacific are
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
THIEVES CHIP AWAY AT LOG SALES IN CANADA
Reuters |
Losses from logging theft in Canada amount to between 350 million to 500 million Canadian dollars (U
COAL TERMINAL REPORT
JOC Staff |
June 8, 1998This table shows the vessels scheduled to call at U.S. coal terminals and the es
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGSeamen's Church Institute. New York. Water Street Gallery exhibits paintings by 20 ma
Maritime
MABEE, FORMER LEADER OF GOLDEN EAGLE, SAID TO BE SUBJECT OF IRS INVESTIGATION
Ron Lent |
Industry sources told The Journal of Commerce that John Mabee, the former head of Golden Eagle Insur
PEOPLE ON THE MOVE
From Wire and Staff Reports |
EMERY WORLDWIDERobert C. Conlon was named vice president and corporate counsel, with managem
PORT OF KARACHI AGREES TO REDUCE BOX HANDLING CHARGES
N. Vasuki Rao |
Pressure from exporters has forced the management of the Port of Karachi in Pakistan to reduce the r
Maritime
WEAK JAPAN, OIL PRICES SEEN SLOWING ASIA RECOVERY
John Zarocostas |
The fragile status of the Japanese economy and the sharp decline in commodity and oil prices will pl
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 8, 1998Quotations are based on prices reported in the market or obtained from sup
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
BRIEFS
From Wire and Staff Reports |
BRIDGESTONE TO EXPANDTENNESSEE TIRE PLANTNASHVILLE - Bridgestone/Firestone, a unit of Bridge
Maritime
WORLD BANK EXPLORES MINE REFORM IN POLAND FOR SAKE OF POSSIBLE LOAN
Andrew Hope |
A special mission of the World Bank has visited Poland to study the government's mining reform plan
BRIEFS
From Wire and Staff Reports |
EU, US TO COOPERATEON ANTITRUST ENFORCEMENTWASHINGTON - The United States and the European U
Maritime
BRIEFS
From Wire and Staff Reports |
PACER INTERNATIONAL BUYSCROSS CON COMPANIESLAFAYETTE, Calif. - Pacer International Inc. is b
BALTIC FREIGHT INDEX
JOC Staff |
900 (June 5, 1998) Previous day - 909The Baltic International Freight Futures Market in Lond
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGSeamen's Church Institute. New York. Water Street Gallery exhibits paintings by 20 ma
Maritime
EMBARGO COSTS US DEARLY AS CUBA TRIES PRIVATE ENTERPRISE
Suzanne Possehl |
Gilberto Martinez leans against a '57 Dodge and tugs his Yankees baseball cap down over his eyes to
QUOTE TO NOTE
John Snow, Chairman, CSX Corp., Commenting at the Surface |
'I give you my pledge we are going to implement this merger effectively.'
Maritime
CHINA: AIG CAN GO HOME AGAIN
James Harding |
American International Group has come home.American International Assurance, a subsidiary of
TITLE INSURERS RELUCTANCTLY FACE ELECTRONIC TIDAL WAVE
Gene Linn |
Title insurance, long on low-tech services, is being forced to acknowledge the electronic age, indus
FREIGHT RATE FUTURES
JOC Staff |
June 5, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
STARTING AUG. 1, MORE TEXTILES WILL TRADE DUTY-FREE AMONG THE NAFTA COUNTRIES
Paula L. Green |
More than $500 million of textiles will begin crossing the U.S.-Mexican border without duties this s
CRISIS IN GLOBAL FINANCIAL MARKETS KEEPING US INTEREST RATES ON HOLD
Gordon Platt |
Analysts said the Federal Reserve is unlikely to raise interest rates at the June 30-July 1 meeting
Maritime
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