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S. KOREA RESCUE PLAN RALLIES YEN BUT DECLINE EXPECTED IN EARLY '98
Gordon Platt |
The mother of all aid packages to rescue South Korea, and ideas that Japan is getting ready to bail
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 239.40 off 2.59
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
SPOT PRODUCT PRICES
JOC Staff |
Nov. 21, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
CORRECTION
JOC Staff |
The article headlined ''Smaller firms get help with risks,'' which appeared in the Nov. 19, 1997, ed
SLEEPING WITH THE ENEMY \ AIRLINES AND INTEGRATORS PURT RHETORIC ASIDE TO FORGE PARTNERSHIPS
Ian Putzger |
Sometimes the rhetoric can be deafening: THE INTEGRATORS ARE THE ENEMY! Go to any air cargo industry
INDIA TO LIFT OIL-PRODUCT PRICE LIMITS
N. Vasuki Rao |
Putting aside its political troubles, the government of Prime Minister Inder Kumar Gujral has approv
QUOTE TO NOTE
Tim Rhein, President and chief executive, APL Ltd. |
'Common tariffs and common pricing are going to be a thing of the past veryshortly.'
Maritime
BELGIUM'S CMB BUYS FRANCE'S CNN
Bruce Barnard |
CMB, the diversified Belgium shipping group, paid 432 million French francs ($75 million) for a cont
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire and Staff Reports |
BANK CHIEF: BRAZIL WON'TFOLD IN CURRENCY SCARE RIO DE JANEIRO - Brazil's government won't ca
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 21, 1997BALTIC INTERNATIONAL FREIGHT FUTURES MARKET Prev.Close High Low
BRIEFS
From Wire and Staff Reports |
JAPAN INSURANCE GROUPSEEKS PUBLIC'S SUPPORTTOKYO - Life Insurance Association of Japan head
TURKISH AIRLINES LAUNCHES EXPANSION
Ournal Of Commerce Special |
Increasing the stakes in a long-standing competition that offers air carrier service out of southeas
THAILAND TO ALLOW INCREASED FOREIGN INVESTMENT IN ITS STRUGGLING BANKS
Ron Corben |
International banking houses are on the prowl as Thailand's once closely knit local commercial banks
Maritime
ARGENTINA SEEN FENDING OFF ASIAN-SPARKED PROBLEMS
Beth Rubenstein |
It's like deja vous all over again for Argentina's trade community.Concerns that a widening
Maritime
BRIEFS
From Wire and Staff Reports |
TRUCKSJUDGE OKS DELAYOF TEAMSTERS ELECTIONWASHINGTON - A federal judge grant
LUMBER QUOTA CLARIFIED
Bridge News |
Canada's Department of Foreign Affairs and International Trade has clarified its rules about unused
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
*LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNov. 21, 1997 Brent Crude Oil - (Dollars Per Barrel)
TAXES SEEN STUNTING INSURANCE GROWTH IN PHILIPPINES
P.T. Bangsberg |
With the lowest coverage and savings rates in Asia, the Philippines has been targeted as a prime mar
BALTIC FREIGHT INDEX
Journal of Commerce |
November 21: 1180
Maritime
SECTION OF MYANMAR GAS PIPELINE IS FINISHED
Associated Press |
French oil giant Total has finished laying the underwater portion of its gas pipeline in Myanmar ahe
SHIP SAFETY SNAGS CYPRUS' BID \ MARITIME RECORD PLAYS ROLE IN EU MEMBERSHIP TALKS
Bruce Barnard |
The European Union will start membership negotiations in early 1998 with Cyprus, one of the world's
Maritime
INSURERS: WE'RE NOT COPS \ SHIP LOSSES DECLINE, BUT HUMAN COST CLIMBS
Helen R. Macleod |
Ageneral downward trend in losses affecting marine insurers continues worldwide, according to the la
Maritime
THIS MONTH \ FREIGHTER OUTLOOK STRANGE BEDFELLOWS RUSSIAN ROULETTE LATIN LOSSES
Ira Rosenfeld |
One of my favorite stories is of the New York City patrolman who arrested a man wearing a City Jail
RUSSIAN UTILITY SEEKS AN INVESTOR TO BUY SHARES
Arthur Gottschalk |
Russia's giant Lenenergo utility is seeking a buyer for the shares that remain in government hands f
Maritime
GROUNDED
Ted Gogoll |
For air carriers and freight forwarders plying their trade in the Venezuelan market, 1997 has been n
OIL SWAPS WITH IRAN SEEN AS WAY TO NORMALIZE TRADE
Michael S. Lelyveld |
Advocates of normalizing trade with Iran say there is a quick, easy way to save oil companies and co
AMERICAN AIRLINES BUYING 10 PERCENT OF AEROLINEAS
Bridge News |
American Airlines will buy 10 percent of Aerolineas Argentinas, a subsidiary of Spain's state-owned
SHIP STANDARDS WON'T RUFFLE US COMMERCE
Tom Baldwin |
New ship standards starting July 1 will not affect U.S. commerce because the better, safer ships alr
Maritime
OIL SPILL CAPTAIN FAILS IN BID TO LEAVE SINGAPORE
Reuters |
A Singapore court on Friday rejected a bid to leave the country by one of the ship captains involved
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
US ECONOMY TO BE DRAGGED DOWN IN '98 BY GROWING TRADE DEFICIT, REPORT SAYS
Richard Lawrence |
A sharply higher foreign trade deficit will be the principal drag on the U.S. economy next year, a j
BALTIC FREIGHT INDEX
JOC Staff |
1180 (Nov. 21, 1997) Previous day - 1198The Baltic International Freight Futures Market in L
THE 2ND-OLDEST PROFESSION? \ FROM NET TO NET, MARINE INSURANCE STRETCHES BACK TO THE PHOENICIANS
Russ Banham |
It is one of the world's oldest industries, dating back at least 4,000 years to the Phoenicians. It'
SIX PAPERS FOUND A CHE-AP-ER WAY TO GET NEWS FROM WEST
Journal Of Commerce Staff |
Ten men representing six New York City newspapers, including The Journal of Commerce, sat around an
ASIA ASKED TO KEEP FAITH IN OPEN TRADE
Leo Abruzzese |
Struggling Asian nations can send a strong signal to markets by joining a pending worldwide pact to
RAILROAD LINK BETWEEN CHUNNEL AND LONDON FACES POSSIBLE DELAY
Bruce Barnard |
A planned high-speed rail link between the Channel Tunnel and London is behind schedule and facing a
ALIVE AND KICKING
Ian Putzger |
A year ago, Canadian Airlines took a look at its future and realized it didn't have one.On t
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