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US DOLLAR AT 6-MONTH HIGH AGAINST THE YEN
Bridge News |
The U.S. dollar rose to a six-month high of 127.43 yen Wednesday - just short of a five-year high of
Maritime
BRIEFS
From Wire and Staff Reports |
PLANESUNITED PILOTS PUSHUSE OF SMALL JETSCHICAGO - Pilots at United Airlines
LOGISTEC OF CANADA TAKING OVER TERMINALS IN VIRGINIA, GEORGIA \ FACILITIES WILL BE PURCHASED DEC. 31
Courtney Tower |
Logistec Corp., eastern Canada's largest stevedoring and terminal operator, is taking over two more
Maritime
EXPANSION PUTS BNSF ON FAST TRACK IN MEXICO
Mary Sutter |
For years, Mexico was an afterthought in the overall operations of Atchison, Topeka & Santa Fe Railw
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNov. 19, 1997 *Brent Crude Oil - (Dollars Per Barrel)
PHILADELPHIA HAILS LABOR PACT AS A NEW BEGINNING FOR PORT
Tom Baldwin |
The port is unveiling a labor contract that is part of the new face of shipping in Philadelphia - an
UP BREAKS LOGJAM, SHIPS CHRISTMAS TREES
Associated Press |
Union Pacific has come through with hundreds of empty railcars to ship Oregon Christmas trees out fo
Maritime
NYK ADDS BIG BOXSHIP IN SINGAPORE
P.T. Bangsberg |
The latest entrant in the game of who can run the biggest boxships glided into Singapore's Tanjong P
Maritime
TAX RELIEF POSTPONED FOR BAY STATE INSURERS
Tom Mcniff Jr. |
Life and property/casualty insurers based in Massachusetts will have to wait until 1998 for tax reli
REPORT: NAFTA INSTITUTIONS FALL DOWN ON ENVIRONMENTAL RESPONSIBILITIES
Kevin G. Hall |
Institutions created under the North American Free Trade Agreement are failing to follow their envir
Maritime
GALLUP WINS DEAL WITH POSTAL SERVICE
Journal Of Commerce Staff |
The U.S. Postal Service has awarded a $7.4 million contract to Gallup Organization, Rockville, Md.,
API WEEKLY REPORT \ CRUDE OIL INVENTORIES ROSE 4 MILLION BARRELS IN WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories rose by 4 million barrels in the week ended Nov. 14, as compared with the
CRUISE LINES PLEAD GUILTY IN MIAMI TO POLLUTING
From Wire Reports |
A cruise ship operator and a ship owner pleaded guilty to federal charges of dumping oil, plastic, a
Maritime
BRIEFS
From Wire and Staff Reports |
MAJOR PEMEX CONTRACTAWARDED TO CONSORTIUM MEXICO CITY - In one of the biggest contracts to t
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 241.62 off 0.10 wh
COST OF CREDIT
JOC Staff |
Wednesday, Nov. 19, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
BALTIC FREIGHT INDEX
JOC Staff |
1214 (Nov. 19, 1997) Previous day - 1223The Baltic International Freight Futures Market in L
PEOPLE ON THE MOVE
From Wire and Staff Reports |
FARMERS GROUP INC.The Los Angeles-based insurance group named Martin D. Feinstein, president
WEAKENING RUPEE BRINGS CHEER TO BELEAGUERED INDIA EXPORTERS
N. Vasuki Rao |
India's currency weakened this week, bringing cheer to the country's beleaguered exporters.T
Maritime
BRIEFS
From Wire and Staff Reports |
SAMSUNG TO BUILD VESSELSFOR BP AND NORWAY'S NAVISSEOUL - Samsung Heavy Industries Co. said T
Maritime
STRONG ATLANTIC GROWTH BUOYS RATES, OOCL EXECUTIVE SAYS \ EXPORTS OUTLOOK IS BRIGHT FOR 1998
Peter Tirschwell |
Strong growth in containerized shipments between North America and Europe has absorbed vessel capaci
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
EXPANDED WEST VIRGINIA LOCKS OPEN
Associated Press |
The U.S. Army Corps of Engineers opened a key bottleneck to traffic along the Kanawha River.
Maritime
CORRECTION
JOC Staff |
The insurance earnings for Mutual Risk Management that appeared on Page 10A of the Nov. 12 edition s
QUOTE TO NOTE
Larry Yunt, Director of east-bound marketing, Sea-Land Service |
'No one can continue offering the level of service required by importers at the rates we're charging
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Nov. 19, 1997Prevailing sellers' posted prices at the close of business, represent
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 6, 1996 - Nov. 19, 1997 (a graph)*
BRIEFS
From Wire and Staff Reports |
MERRILL LYNCH MAKES BIDFOR BRITISH FUND MANAGERLONDON - Merrill Lynch & Co. Wednesday launch
Maritime
DUKE ENERGY BUYS 3 CALIFORNIA PLANTS
Deena Beasley |
Duke Energy Corp. of North Carolina will spend $501 million to buy three northern and central Califo
ALASKA'S COOK INLET REGION BUYS PRINCE WILLIAM SOUND CRUISE LINE
Associated Press |
The native corporation Cook Inlet Region Inc. has agreed to buy Stan Stephens Cruises, a Prince Will
Maritime
HONDA CHALLENGES FORD'S DOMINANCE IN TURKISH MARKET \ JAPANESE CARMAKER TO BUILD ISTANBUL PLANT
Jonathan Ewing |
In a move widely expected to challenge Ford Motor Co.'s near primacy in this regional market, Honda
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Nov. 19, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 19, 1997Quotations are based on prices reported in the market or obtained from su
CARGO WATCH: SEABOARD MARINE \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Aug. Sept. Oct. Nov Dec. Jan. Feb. Mar April May June July Aug. Sep.96 96 96 96 96 97
Maritime
2 MILLION BARRELS OF OIL A DAY POSSIBLE BY 2010 IN AZERBAIJAN
Bridge News |
Azerbaijan oil output of 1.5 million to 2.0 million barrels per day by 2010 ''looks like a realistic
INSURERS UNVEIL LIABILITY PRODUCTS
Margo D. Beller |
Stevedores, ship repairers and Main Street American businesses have little in common, but all can be
ENRON TO BUILD CALIFORNIA WIND FARM
Bridge News |
Enron Corp. said it plans to build a 39-megawatt wind farm in Southern California.The farm w
GASOLINE PRICES
JOC Staff |
Nov. 19, 1997RESELLER RACK Unleaded Mid- Premium-Unle
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 19, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 29
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Nov. 18, 1997Prev. Life of Contr. Open Open High Low
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