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QUOTE TO NOTE
James D. Wolfensohn, President of the World Bank |
'(Two years ago, when I took over,) you didn't go in and talk about corruption (with government of
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Aug. 21, 1997Prevailing sellers' posted prices at the close of business, representi
UKRAINE PREDICTS ECONOMIC EXPANSION IN 1998, REVERSING ITS DOWNWARD SLIDE
Associated Press |
Ukraine's government expects the economy to grow next year for the first time since the Soviet colla
Maritime
BRIEFS
From Wire and Staff Reports |
SHELL, EXXON STUDY STAKEAS ROSNEFT GOES PRIVATELONDON/MOSCOW - Shell Oil Co. and Houston-bas
COMMERCE PROPOSES PENALTIES AGAINST JAPANESE SUPERCOMPUTERS
John Maggs |
A day after a federal judge denied NEC's Corp.'s bid to halt a Commerce Department investigation of
Maritime
FMC AWAITS JAPAN'S NEXT MOVE
Tim Sansbury |
Brinksmanship time has arrived at the Federal Maritime Commission.With the resolution of a U
BRIEFS
From Wire and Staff Reports |
JAPAN, CHINA TO HOLDTALKS ON WTO BIDTOKYO - Japan and China will hold three days of negotiat
Maritime
FEDERAL EXPRESS OPERATIONS SLOWLY RETURNING TO NORMAL
Journal Of Commerce Staff |
Federal Express Corp., which pulled its delivery guarantees and limited some of its service offering
COSCO CONSIDERS SPINNING OFF BULKERS
Bridge News |
Cosco (Hong Kong) Group Ltd. is considering spinning off its bulk-carrier fleet for a separate listi
MEXICO REVAMPS REGULATIONS ON SHIP CONSTRUCTION
Mary Sutter |
The Mexican government has published new standards and rules for the construction and modification o
CHINESE PETROCHEMICAL GIANT CREATED
P.T. Bangsberg |
China is creating a petrochemical conglomerate intended to spur production of chemical fiber and ach
CHINA GETS COMMUNICATIONS SATELLITE OFF THE GROUND FOR THE PHILIPPINES
P.T. Bangsberg |
After several postponements, China appears to have successfully launched a communications satellite
INSURERS REJOICE IN COMP RULING
Helen R. Macleod |
The insurance industry Thursday claimed a big victory after the governor squelched proposed legislat
BRIEFS
From Wire and Staff Reports |
NIKE SELECTS EMERYFOR ASIA-AMERICA CARGOREDWOOD CITY, Calif. - Emery Worldwide has been sele
TAIWAN APPROVES ADDING SHIPPING LINKS WITH CHINA
Bridge News |
The Taiwan Cabinet has approved a plan proposed by the Ministry of Transportation and Communications
FREIGHT RATE FUTURES
JOC Staff |
Aug. 21, 1997BALTIC INTERNATIONAL FREIGHT FUTURES MARKET Prev.Close High Low
BRIEFS
From Wire and Staff Reports |
TEXANS IN LINEFOR PREMIUM CUTSAUSTIN, Texas - Insurance premiums in Texas could drop by more
FINDING NEW USES FOR OLD CABOOSES
C. Richard Cotton |
Rufus Pennington swung the crane boom around and lowered the caboose body onto its wheels, already i
US VESSEL SAVES 3 ON YACHT
Journal Of Commerce Staff |
An American utility vessel on its way across the Atlantic Ocean hit stormy seas, and then spotted a
Maritime
SCHOLARSHIP AWARD GOES TO MIDSHIPMAN
Journal Of Commerce Staff |
Midshipman Ryan Galloway of the U.S. Merchant Marine Academy won a $2,500 scholarship awarded in the
Maritime
BRIEFS
From Wire and Staff Reports |
ATLANTIC MARINE GETS CALLFOR SPY-SHIP CONVERSIONMOBILE, Ala. - The 619-foot Glomar Explorer,
Maritime
MARITRANS BUYS VESSELS FROM SUN
Journal Of Commerce Staff |
Maritrans Inc. is paying $30 million to purchase two tankers, two tugs and two barges from the Sun C
Maritime
GERMAN INSURERS MAY SET UP FUND TO COMPENSATE HOLOCAUST VICTIMS
Agence France-Presse |
German insurance companies may set up a joint fund to compensate Jewish victims of the Holocaust, si
MARYLAND PORT AGENCY TAPS "GREEN' FIRM
Associated Press |
EA Engineering, Science and Technology Inc. will perform environmental support services for the Mary
POEPLE ON THE MOVE
From Wire and Staff Reports |
MSAS CARGO INTERNATIONAL INC.Bruce Barash was named western regional vice president at this
CARGO WATCH: WILMINGTON, N.C. \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May June96 96 96 96 96 96
Maritime
UNIFIED COMMAND
Tom Baldwin |
The ship was way off course, racing through the darkness toward one of the globe's environmental sof
Maritime
UP FACES "MELTDOWN' IN WAKE OF ACCIDENT
Rip Watson |
Union Pacific Railroad is facing a meltdown in Texas fueled by angry customers, fuming labor unions
COST OF CREDIT
JOC Staff |
Thursday, Aug. 21, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
WASTEPAPER EXPORTS SET TO TAKE YET DEEPER DIVE
Terry Brennan |
A 50 percent increase in domestic wastepaper prices is the final jolt that should send the already s
BRIEFS
From Wire Reports |
JAPANESE GROUP JOINSRUSSIAN GAS VENTURETOKYO - Japan National Oil Corp. and 10 other compani
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 21, 1997Quotations are based on prices reported in the market or obtained from su
JOURNAL OF COMMERCE - FAST FACTS \ US COTTON IMPORTS: TEXTILES AND APPAREL
Commerce Dept. Textiles Office |
No text.
DOLLAR DROPS ON FORECAST OF GERMAN RATE INCREASE
Bridge News |
The U.S. dollar fell against the Deutsche mark Thursday, as traders were caught long by a steep sell
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Oct. 30, 1996 - Aug. 21, 1997 (a graph)*
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 237.98 off 1.94
LONDON OIL FUTURES
JOC Staff |
INTERNATIONAL PETROLEUM EXCHANGEAug. 21, 1997 *Brent Crude Oil - (Dollars Per Barrel)
INDIA: MANY VOWS, BUT FEW VOLTS
N. Vasuki Rao |
It was an embarrassing moment for Indian President K.R. Narayanan when he called on his predecessor
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 21, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27
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