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DAILY PETROLEUM PRICES
JOC Staff |
Monday March 16, 1998Prevailing sellers' posted prices at the close of business, representin
RUSSIAN NEGOTIATOR BLASTS EU ON TEXTILES \ BRUSSELS IS ACCUSED OF ESCALATING A TRADE WAR
John Helmer |
Russia's chief trade negotiator with the European Union has attacked Brussels for its ''unbalanced''
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1084 (March 16, 1998) Previous day - 1091The Baltic International Freight Futures Market in
Maritime
CALENDAR
JOC Staff |
SPEEDNEWS AVIATION INDUSTRY Suppliers Conference. March 24-25. Los Angeles. Contact: (310) 203-9603,
RELIANCE FORGES ASIAN LINKS \ FIRM BUYS 50 PERCENT STAKE IN HONG KONG INSURER
P.T. Bangsberg |
Chinese, Indonesian and U.S. interests are teaming up to create a new insurance group with its sight
FORMER CENTRAL BANKER TO HEAD BANK OF JAPAN \ JOURNALIST ALSO PART OF GOVERNMENT'S NEW TEAM
Teruaki Ueno |
Japan has selected an outspoken former central banker with more than 50 years' experience in Japanes
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - March 13, 1998Prev. Life of Contr. Open Open High Low
REFINERS EYE NEW MARKETS AT PARLEY
David Brinkerhoff |
U.S. refiners remain focused on new territories, with alliances in Latin America and domestic power
GROWTH IN WORLD OIL DEMAND EXPECTED TO SLOW THIS YEAR
John Zarocostas |
Largely due to the Asian crisis, growth in world oil demand is forecast to increase by just 1.6 mill
COAL TERMINAL REPORT
JOC Staff |
March 16, 1998This table shows the vessels scheduled to call at U.S. coal terminals and the
DON'T BAIL OUT YARDS WITH LOAN, SEOUL TOLD
Bruce Barnard |
The European Union has warned South Korea not to use an International Monetary Fund loan to bail out
Maritime
BRIEFS
From Wire and Staff Reports |
SINGAPORE MANDATESRATIO OF SHIP OFFICERSSINGAPORE - The Maritime and Port Authority Monday i
Maritime
13 FEARED DEAD AFTER CRAFT SINKS
Reuters |
At least 13 illegal immigrants from north Africa were missing on Monday after their rickety boat san
Maritime
BRIEFS
From Wire and Staff Reports |
AETNA CONFIRMS PURCHASEOF NEW YORK LIFE UNITNEW YORK - Aetna has confirmed that it will acqu
BRITISH CONSULTANTS TELL US FIRMS TO GET A GRIP _ ON SUPPLY CHAIN
Aviva Freudmann |
If Paul Revere were alive today, he might revive for U.S. manufacturers and retailers his most famou
DOLLAR RISES AS TRADERS FOCUS ON ECONOMY
Wire And Staff Reports |
* Noon Monday - The U.S. dollar was trading higher at midday Monday, as traders ignored the ongoing
BRITAIN TO CHALLENGE GERMAN COAL SUBSIDIES
Bruce Barnard |
Britain has launched a broadside against Germany's heavily subsidized coal industry in a last-ditch
Maritime
TELEPHONE TRAFFIC REVENUE TO DOUBLE
John Zarocostas |
Revenue from international telephone traffic is forecast to double by the early years of the next ce
Maritime
ELECTRONIC COMMERCE A THORNY ISSUE AT AMERICAS FREE-TRADE NEGOTIATIONS
Jose Loria |
International electronic commerce may pose a serious challenge to officials trying to thrash out an
Maritime
SPOT COMMODITIES
JOC Staff |
March 16, 1998Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMarch 13, 1998 Brent Crude Oil - (Dollars Per Barrel)
THE WINNERS, LOSERS OF SHIP DEREGULATION \ BILL STILL EXPECTED ON SENATE FLOOR THIS WEEK
William Roberts |
The Senate this week is expected to vote on a long-delayed overhaul of ocean shipping regulation, bu
FERRY LINES, AIRPORTS URGE EU TO KEEP DUTY-FREE SALES
Bruce Barnard |
Ferry operators and airports today will make an eleventh-hour bid to scrap plans to end duty-free sa
WHO WOULD HAVE THOUGHT? OFFICIALS TAKE A LEAF FROM JIMMY BRESLIN OVER USER FEES
Davis Helberg |
There was a character in Jimmy Breslin's first book by the name of Marvin the Torch.Marvin c
Maritime
FREIGHT RATE FUTURES
JOC Staff |
March 16, 1998Baltic International Freight Futures Market Prev.Close High Lo
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
MARCHNational Transportation Safety Board. March 18. Springfield, Va. Public hearing at 9 a.
Maritime
VIRGIN ATLANTIC OPENS NEWARK CARGO TERMINAL
William Armbruster |
Virgin Atlantic Airways threw a big party last Thursday to mark the opening of its new cargo facilit
BRIEFS
From Wire and Staff Reports |
INDONESIAN TRADE CHIEFDEFENDS MONOPOLIESJAKARTA, Indonesia - Indonesia's new trade and indus
Maritime
QUOTA WATCH \ CURRENT TEXTILE QUOTAS:
International Development Systems Inc., Washington, D.C. |
Where the average recent utilization rate indicates full quota utilization within four weeks from Ma
Maritime
TRANSPORT INDEX WHIPS THE DOW
Gregory S. Johnson |
The Journal of Commerce Stock Index outperformed the Dow Jones Index, rising 1.6 percent last week t
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 225.98 off 0.15 wh
GASOLINE PRICES
JOC Staff |
March 16, 1998RESELLER RACK Unleaded Mid- Premium-Unl
BRIEFS
From Wire and Staff Reports |
IRAN URANIUM DEAL WON'TSTOP CLINTON CHINA VISITWASHINGTON - President Clinton will not alter
NET SOARS 81 PERCENT AS NEW YORK PORT CUTS OPERATING COSTS BY $8 MILLION
Journal Of Commerce Staff |
The bistate agency that runs the nation's third-largest marine port and three airports boosted its n
Maritime
MANY PALESTINIANS BELOW POVERTY LINE
Reuters |
About 19.1 percent of the Palestinians in the West Bank and Gaza Strip live below the poverty line b
Maritime
TNT EXECUTIVE SEES INVESTMENT, CHANGE AT THE END OF ASIAN TURMOIL
Carla Rapoport |
Asia's current economic turmoil is forcing changes that could be healthy for the freight industry ov
BRIEFS
From Wire and Staff Reports |
BRITISH AIRWAYS TO ENTERFINANCIAL SERVICESLONDON - British Airways is following other large
P/C REINSURERS WRITE MORE PREMIUMS \ BUT THEY REPORT $557 MILLION UNDERWRITING LOSS
Ronald Gift Mullins |
A group of 43 property/casualty reinsurers wrote $19.9 billion in premiums during 1997, an increase
EMERY SCALES NEW HEIGHTS TO DELIVER DELICATE TELESCOPE \ INSTRUMENT IN JAPAN SHIPPED TO SWISS PEAK
Robert Koenig |
In what may be the ultimate ''point-to-peak'' delivery, Emery Worldwide and its Swiss agent used a t
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Apr. 2, 1997 - March 16, 1998 (a graph)
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