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EURO CONVERSION STEP SEEN LIKELY IN MAY '98
David Thomas |
Despite a growing consensus among European Union monetary officials that Exchange Rate Mechanism cen
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 11, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 2
CARGO WATCH: OAKLAND \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May June July96 96 96 96 96 9
Maritime
FINANCIAL FIRMS LOBBY FOR LESS FED OVERSIGHT
Wire And Staff Reports |
A coalition of large securities firms, insurers and banks is staking out its territory before work o
STUDY: MORE BROKERS MERGING TO SURVIVE
Margo D. Beller |
U.S. insurance companies aren't the only ones merging into supercompanies as they try to deal with a
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Sept. 11, 1997Prevailing sellers' posted prices at the close of business, represent
AUSTRALIA'S BHP PLANS TO SHED COAL MINING JOBS
Bridge News |
Australia's Broken Hill Proprietary Co. Ltd. will eliminate up to 860 jobs at its New South Wales co
"DEAN OF SHIPPING AGENTS,' RAYMOND LUZAR, DIES AT 66
Tom Baldwin |
Raymond W. Luzar, considered the dean of shipping agents in the Port of Cleveland, died of cancer th
US HINTS AT AIRLINE ALLIANCE APPROVAL \ STATE DEPT. OFFICIAL ASKS EU TO RESIST IMPEDING BA-AA DEAL
Michele Kayal |
A senior U.S. official on Thursday appeared to pledge government approval for the largest and most c
BALTIC HANDY INDEX
JOC Staff |
992 (Sept. 11, 1997) Previous day - 992The Baltic Exchange in London on Tuesdays and Thursda
CONVICTED BRIBE-TAKER PART OF NEW JAPANESE CABINET
Reuters |
Japanese Prime Minister Ryutaro Hashimoto reshuffled his Cabinet Thursday, keeping only three minist
OOCL IS FIRST INTERNATIONAL CARRIER TO GET ISO CERTIFICATION IN THAILAND
Coco Kubota |
Orient Overseas Container Line said this week the company obtained certification of the internationa
Maritime
BRIEFS
From Wire and Staff Reports |
INSURERS URGE CONGRESSNOT TO BLOCK ACCESSWASHINGTON - Property-casualty insurers urg
MERCOSUR OFICIALS SHRUG OFF FAST TRACK \ S. AMERICA BLOC SCOLDED FOR INDIFFERENCE TO US
Kevin G. Hall |
As President Clinton struggles to line up congressional support to secure trade negotiating authorit
BRIEFS
From Wire Reports |
VIETNAM PREPARES FORBIDS ON OIL REFINERYHANOI - Vietnam will soon open bidding to choose a c
CN CALLS FOR GRAIN TRANSPORT REFORMS \ CURRENT MARKETPLACE DESCRIBED AS A FAILURE
Gregory S. Johnson |
Canada's grain transportation system needs an overhaul so it can respond faster to market conditions
COST OF CREDIT
JOC Staff |
Thursday, Sept. 11, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
LOTT STALLS OK OF YARD SUBSIDY BAN AS SENATE TRADE LEADERS PUSH PLAN
William Roberts |
Senate Majority Leader Trent Lott, R-Miss., is working to stall advancement of legislation implement
Maritime
KOREA FIRM BUYS NAPHTHA CARGO
Bridge News |
South Korea's LG Chemical bought its second cargo of North Korean heavy naphtha this year from a Chi
SPOT PRODUCT PRICES
JOC Staff |
Sept. 11, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f
NAVY TEAM HEADS TO HAITI AND SUNKEN FERRY
Reuters |
A team of U.S. Navy salvage experts is en route to the site where a Haitian ferry sank to help deter
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
WORLD BANK REPORT ADVISES: EAST ASIA MUST IMPROVE LAGGING FINANCIAL SECTOR
Christine Richard |
East Asia's financial sector must overcome a number of weaknesses in order to ''ride out the inevita
EX-IM BANK, OPIC AWAIT EXTENSIONS FROM CONGRESS
Richard Lawrence |
Congress next week may move a step or two closer to reauthorizing the Overseas Private Investment Co
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Sept. 27, 1996 - Sep. 11, 1997 (a graph)
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGIntroduction to Logistics Sales. Two-day seminars to teach transportation salespeople
NORWEGIAN OIL UNION EXPANDS STRIKE TO 3 MORE STATOIL UNITS
Tom Nicholls |
Norwegian oil workers went on strike at midnight Wednesday at three more floating offshore units, a
PHILIPPINES IMPORT BOOST MAY AID US AGRICULTURE \ NATION LOWERS TARIFF TO BOOST CORN RESERVES
P.T. Bangsberg |
The Philippines is beefing up agricultural imports in anticipation of a serious drought, and a recen
ENCRYPTED SOFTWARE BILL SUFFERS A BLOW IN HOUSE
Michael S. Lelyveld |
A struggle over exports of encrypted software turned into a turf battle in the House on Thursday as
Maritime
CIRCLE ENTERS JOINT VENTURE
Journal Of Commerce Staff |
Circle International has announced a new joint venture with one of the largest transportation compan
INDIA TO APPEAL WTO RULING ON PATENT SYSTEM
By N. Vasuki Rao |
The Indian government will appeal a ruling of the World Trade Organization that it doesn't comply wi
Maritime
"PAY AT THE PUMP' TAX PROPOSAL RUNS OUT OF GAS
Associated Press |
The auto insurance industry managed to keep its feathers unruffled as a plan to provide auto insuran
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ASSOCIATED TRANSPORT LINEJ.I. ''Joey'' Da Costa joined this Houston ocean carrier that speci
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
RELIANCE INSURANCE CO.George J. McNamara was named assistant controller at the insurance com
BRIEFS
From Wire and Staff Reports |
TRAINSGE CAPITAL RAILCARTO BUY CARGOWAGGONSTAMFORD, Conn. - GE Capital Railc
PEARL RIVER RAIL TO BUFF CHINA TRADE
P.T. Bangsberg |
Cargo movement along the Pearl River delta in southern China should improve with a new rail line lin
BRIEFS
From Wire and Staff Reports |
JAPAN'S KDD TO SUEFCC OVER PHONE RATESTOKYO - Japan's largest international telecom carrier,
Maritime
GASOLINE PRICES
JOC Staff |
Sept. 11, 1997RESELLER RACK Unleaded Mid- Premium-Unl
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
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