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DAILY PETROLEUM PRICES
JOC Staff |
Friday May 8, 1998Prevailing sellers' posted prices at the close of business, representing t
SPOT NATURAL GAS PRICES
JOC Staff |
NATURAL GAS CLEARINGHOUSENatural Gas Clearinghouse - Posted prices for May 1998 (see Note 1)
US OFFICIAL URGES EUROPE TO DEREGULATE MARKETS
Janet Guttsman |
The U.S. Treasury has laid down a blueprint for Europe to make its single currency stable and credib
BRIEFS
From Wire and Staff Reports |
DEMOCRATS PLEDGE REPEALOF OIL ROYALTIES RIDERWASHINGTON - Democratic lawmakers have pledged
LATIN, AFRICAN SUPPLIERS CUT CRITICAL ASIAN EXPORTS
John Zarocostas |
The Asian crisis has triggered a sharp contraction in exports to the region by emerging Latin Americ
CANADA, BRAZIL END PRICE SUPPORT FIGHT
Courtney Tower |
Canada and Brazil have agreed to settle their dispute over government supports for exports of region
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
BRIEFS
From Wire and Staff Reports |
CANADA CABINET TO MULLBILL ON US MAGAZINESOTTAWA - Legislation that protects Canadian magazi
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 8, 1998Quotations are based on prices reported in the market or obtained from supp
EARNINGS
From Wire and Staff Reports |
NET, OPERATING INCOMECLIMB AT RELIANCE GROUPNEW YORK - Reliance Group Holdings Inc. saw its
PEOPLE ON THE MOVE
From Wire and Staff Reports |
AMERICAN INTERNATIONALGROUPBenjamin S. Man has been named president of China American Insura
STILL NOT CONVINCED THAT COMPETITION IS FAIR, BRAZIL MAY STEP IN TO PUSH PRICES DOWN AT SANTOS
Thierry Ogier |
The Brazilian government may intervene to ensure fair competition in the Port of Santos, the largest
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
INTERMARINE INC.Todd DeHate joined the company as an operations manager in the New Orleans h
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1004 (May 8, 1998) Previous day - 1004The Baltic International Freight Futures Market in Lon
Maritime
CARGO WATCH: ATLANTIC CONTAINER \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Feb. March Apr May June July Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.97 97 97 97 97 9
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 8, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
MayNew York-New Jersey Harbor Study. May 11. Elizabeth, N.J. Effort to deepen New York-New J
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
P&O: STEERING CLEAR OF ASIA, TRADERS FROM DOWN UNDER FOCUS ON EUROPE
Aviva Freudmann |
Asia's financial troubles have turned Australian and New Zealand exporters' attention back toward Eu
Maritime
BREAUX PUSHES FOR VOTE ON SUBSIDY BILL \ SENATOR FACES BATTLE ON TREATY AS LOTT HESITATES
William Roberts |
Sen. John Breaux, who helped pass ocean shipping deregulation in the Senate last month, is now pushi
BRIEFS
From Wire and Staff Reports |
SOME AUSTRALIANDOCKERS RETURN TO WORKMELBOURNE, Australia - Unionized dockworkers were back
IVARAN NEARS ALLIANCE WITH CROWLEY AND APL
Peter Tirschwell |
Ivaran Lines, in the process of being acquired by CP Ships, is finalizing plans to form an alliance
UPS, OTHER USERS SAY RAILS MUST CHANGE FOR INTERMODALISM TO WORK
Rip Watson |
Customers delivered their annual tongue-lashing to the railroad industry at the 1998 International I
INTERMODAL EXPERT BLAMES PORTS FOR MISSING THE BOAT ON DOCKSIDE RAIL TIES
Terry Brennan |
On-dock rail has failed to relieve congestion at West Coast ports primarily because those ports have
BRITISH PORT OPERATOR SETS BID FOR US COUNTERPART
Bruce Barnard |
Associated British Ports, Britain's biggest port operator, is expected to launch a $173 million agre
Maritime
FOR SHIPPERS, SIZE DOES MATTER
Rip Watson |
Does size matter to an intermodalist?Judging by the perceptions of six knowledgeable shipper
PROPOSED FEES FOR AIRLINE "SLOTS' COULD DISRUPT CARGO OPERATIONS
Michele Kayal |
U.S. travelers could find themselves paying higher ticket prices - and some cargo operations could a
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 225.35 off 0.51
SPOT COMMODITIES
JOC Staff |
May 8, 1998Included are list prices of suppliers. Quotations do not necessarily represent pr
*LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 6, 1998 Brent Crude Oil - (Dollars Per Barrel)_
QUOTE TO NOTE
Koichi Kato, Secretary-general of Japan's ruling Liberal |
'At this moment, the people are not so optimistic about their future.'
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 8, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 25.0
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 7, 1998Prev. Life of Contr. Open Open High Low
BRIEFS
From Wire and Staff Reports |
CANADA TO DELAY BILLON FOREIGN BANK BRANCHESOTTAWA - Foreign banks hoping to set up commerci
Maritime
WASTE FIRM PHILIP POSTS SURPRISE LOSS
Lydia Zajc |
Canada's Philip Services Corp., which repeatedly restated 1997 figures due to rogue copper trading c
SPOT PRODUCT PRICES
JOC Staff |
May 7, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* KRAFT PAPER ANDKRAFT PAPER BAGS FOR CEMENT. 2,000 metric tons of kraf
Maritime
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