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PANAMA CANAL GETS REPRIEVE AS RAIN EASES DRAFT RESTRICTIONS
Emma Griffiths |
The Panama Canal's acute water shortage has been eased by unexpected rains. But shippers should not
Maritime
NEW TUG IN TOWN
JOC Staff |
No text
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
DAILY PETROLEUM PRICES
JOC Staff |
Thursday April 30, 1998Prevailing sellers' posted prices at the close of business, represent
TONGUE RIVER RAILROAD AGAIN APPLIES TO BUILD COAL ROUTE
Rip Watson |
Tongue River Railroad Co. hopes the third time will be the charm for its long-planned construction o
QUOTE TO NOTE
John Reeve, Vice president, A.T. Kearney Inc., Cambridge, |
'The electronic revolution will soon replace carrier consolidation, mergers and alliances, globaliza
Maritime
RIMS SHEDS LIGHT ON UTILITIES' INSURER
Ronald Gift Mullins |
What's in a name? Plenty, if you are an insurance company called Aegis.Aegis, ranked No. 1 i
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday April 29, 1998Prevailing sellers' posted prices at the close of business, represen
ZURICH TO BUY TRYGG-HANSA UNITS
Bridge News |
Zurich Group has signed a letter of intent to acquire the industrial and marine business of Swedish
TAX RELIEF PROPOSAL GAINS IN BAY STATE \ LEGISLATIVE PANEL OKS CUTS FOR LIFE, P/C FIRMS
Tom Mcniff Jr. |
Relief from state taxes sought for months by Massachusetts-based insurance companies took a major st
TRANSPORTATION CALENDAR
JOC Staff |
MAYMaritime Law Association of the United States. May 1. New York. Annual spring dinner. Con
Maritime
DOLLAR LOWER ON GERMAN REMARKS
Wire And Staff Reports |
* Noon Wednesday - The U.S. dollar was lower at midday Wednesday after giving back early gains.<
WORLD BANK APPROVES UP TO $700 MILLION FOR BULGARIA
Bridge News |
The World Bank has approved up to $300 million in loans for balance of payments adjustment, and up t
Maritime
INSURERS SEEKING NEW NICHE IN BANK MEGA-MERGER WORLD
Anne Colden |
Insurance company executives, surveying the post-Travelers-Citicorp merger landscape, aren't quite s
HIGH-TECH INDUSTRY FUMES AS ACTIVIST REVEALS CONFIDENTIAL EXPORT DATA
Michael S. Lelyveld |
The high-tech industry is fuming over government leaks to an anti-nuclear activist who has charged t
MALAYSIAN PREMIER'S SON ABANDONS BID TO TAKE OVER SHIPPING COMPANY
P.T. Bangsberg |
Having sold its recently acquired shipping arm, a transport conglomerate patched together by the son
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
OPEC STICKS TO OIL CUTS, BUT BIG PICTURE STILL UNCLEAR
JOC Staff |
BY RICHARD MABLYREUTERSOPEC producers are mostly making good on their promises to drain off
SENATE PANEL WARNED ABOUT MILLENNIUM BUG
Michele Kayal |
The millennium bug harbors catastrophic implications for trade and transport and for the U.S. econom
BELEAGUERED RAILS REACH OUT TO TOUCH SHIPPERS \ SUPPORT WANTED TO STEM CRIES FOR MORE RULES
Rip Watson |
Railroads, coming under blistering criticism for their rate and service policies, are beginning to s
IMPORTERS ACCEPT PACIFIC RATE INCREASE
Helen Macleod And Peter Tirschwell |
In the final triumph of the most successful negotiating season in years, container shipping lines th
BRIEFS
From Wire and Staff Reports |
CITIBANK, SHIZUOKA BANKTO JOINTLY MARKET FUNDSTOKYO - Shizuoka Bank and Citibank will jointl
Maritime
CHINA HOPES TO OFFSET ASIA DEVALUATIONS
John Zarocostas |
The sharp currency devaluations by Asian countries hit by the economic crisis may affect Chinese exp
MEXICAN MINISTER VOWS CENTRAL BANK AUTONOMY \ ALL FOREIGN EXCHANGE DECISIONS AFFECTED
Kevin G. Hall |
Within months, Mexico expects to give to its central bank complete autonomy in making decisions affe
SPOT COMMODITIES
JOC Staff |
April 28, 1998Included are list prices of suppliers. Quotations do not necessarily represent
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 224.80 up 0.17 wh
RUSSIA COULD FIND OIL DEAL COSTLY
Michael S. Lelyveld |
Russia may be paying a high price for the privilege of transporting Caspian Sea oil this year as the
BRIEFS
From Wire and Staff Reports |
3 CHARGED WITH RUNNINGMEXICAN CARGO-THEFT GANGMEXICO CITY - Three men have been arrested on
COAST GUARD USER FEE LOSING SUPPORT
Gene Linn |
Great Lakes carriers are winning strong support from Congress in their battle against the Clinton ad
Maritime
THE CASE OF THE REAPPEARING ROCK, AND OTHER UNCHARTED NAVIGATIONAL HAZARDS
Tom Baldwin |
Circle one. There are 20, 200 or 2,000 reported underwater navigational hazards that the federal gov
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1,007 (April 29, 1998) Previous day - 1,008The Baltic International Freight Futures Market i
Maritime
SEATTLE RESOLVES LABOR DIFFICULTIES PRODUCTIVITY RISES
Bridge News |
Productivity at the Port of Seattle has returned to its previous levels after slipping considerably
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
FRENCH TRUCKERS CONSIDER STRIKING DURING WORLD CUP
Reuters |
French truckers may stage a pay strike this summer to disrupt the World Cup, a union official said.<
SEMICONDUCTOR GROWTH FORECAST TO SLOW IN '98
Reuters |
The worldwide semiconductor market is expected to grow a moderate 8 percent in 1998, but will return
Maritime
BRIEFS
From Wire and Staff Reports |
CHUBB'S NET FALLS SLIGHTLYON RESTRUCTURING CHARGESThe Chubb Corp. Tuesday reported profit sl
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApril 28, 1998 Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
April 29, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Pr
API WEEKLY REPORT \ CRUDE OUTPUT UP BY 38 MILLION BARRELS
Journal Of Commerce Staff |
U.S. crude oil inventories rose more than 38 million barrels in the week ended April 24, as compared
MAKE OR BREAK TIME FOR WATERWAYS STRIKE
Gene Linn |
On the surface, the towboat pilots strike that started April 3 on inland waterways seems all but ove
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