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The Comptroller of the Currency calls it a risk management tool that should be sold by banks. But th

GRYPHON HOLDINGS INC.Mark S. Sioma was appointed vice chairman of the New York company's Gry

Thursday Jan. 8, 1998Prevailing sellers' posted prices at the close of business, representin

What's in a name?Not much - unless bankruptcy is involved.Blue Star Line (North America) Ltd

SHIPSJUDGE REFUSES TO RELEASECMA-CHARTERED VESSELNEWARK, N.J. - Some 200 U.S

An initial round of dredging has attracted deeper draft containerships into two berths at the Port o

Frontline, the acquisitive Bermuda-based tanker operator, Thursday dropped its hostile $400 million

Air cargo and inland waterway rates shared in a surprise December dip in producer prices that helped

In a bold step into important new service, the Celadon Group Inc. is launching a new flatbed service

An oil barge spilled an estimated 1.2 million gallons of fuel oil into busy Persian Gulf shipping la

US AIRWAYSGreg Gibson was appointed vice president of flight operations.Mr. Gibson was regio

RECENT VESSEL SALESSaleDate Vessel Year Price

New York Mercantile Exchange - Jan. 7, 1998Prev. Life of Contr. Open Open High

GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Schedul

Jan. 8, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.

Iranians may be in for a shock if they think that their country will get a windfall of unfrozen asse

Determined to impose new product-label rules on a wide range of products, Mexican commerce officials

In a potential break for trade interests, officials of the powerful American Israel Public Affairs C

The energy industry's quest for ever-stronger strategic alliances took another step forward recently

TAIWAN: NUCLEAR WASTEPLAN DELAYED, NOT DEADTAIPEI - Taiwan's Atomic Energy Council on Thursd

Jan. 8, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o

As demand for power surges, China is tapping every possibility to cope, with nuclear energy high on

Only table.

The Pakistani government has approved the reduction of an import duty on completely knocked-down kit

U.S. textile issues may be temporarily handled in Washington and Geneva, as budget constraints at th

'The industry can't control the revenue side, so they focus on the cost side and build larger ships

Firm scientific evidence must decide trade disputes between Europe and the United States or the farm

PHILIPPINE AIRLINES MAYCANCEL BOEING ORDERMANILA - Philippine Airlines is planning to cancel

Toy exports from Hong Kong should remain strong in the coming year despite regional economic turmoil

Western Michigan University's School of Aviation Science has landed a $6 million deal to train Briti

Before the sheen wears off the New Year, let's identify 10 prominent trends for 1998.1. Rail

TRUCKSTRANSPORT GROUPS JOINFIGHT AGAINST PHONE FEEALEXANDRIA, Va. - Four tra

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889 (Jan. 8, 1998) Previous day - 895The Baltic Exchange in London on Tuesdays and Thursdays

Burlington Northern and Santa Fe Railway cannot gain access to additional shippers in the New Orlean

Continental Airlines and Taiwan's EVA Air will launch a partnership between the United States and As

Jan. 8, 1998Baltic International Freight Futures Market Prev.Close High Low

George J. Nichols, who presided over the Georgia Ports Authority's dramatic increase in operating re

1223 (Jan. 8, 1998) Previous day - 1226The Baltic International Freight Futures Market in Lo

Singapore is beefing up its protection against damage from severe oil spills, after being stung by t