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Platts Containers Update
CONTAINER PILEUP \ OPERATORS, LESSORS TAKE STEPS TO STEM INEQUALITY IN EQUIPMENT FLOWS
Richard Knee |
Containership operators and container lessors are taking steps to reduce the imbalance in equipment
VALUJET'S FINANCE CHIEF SAYS PROFITABILITY IS ON THE HORIZON
Andrew Blum |
ValuJet Airlines Inc. is hoping for profit in the third quarter as it continues to recover from a cr
STATES MULL BILLS ON BARGE SAFETY \ MEASURES AIMED AT FORCING COAST GUARD TO SET RULES
TOM McNIFF JR. |
Two New England state legislatures are acting this week on bills aimed at forcing the Coast Guard to
X-RAY MARKS THE SPOT \ BOX SCANNERS REVOLUTIONIZING PORT INSPECTIONS IN GERMANY
Robert Koenig |
Bags of African cashew nuts conceal a ton of marijuana. A container loaded with Lithuanian scrap met
SHIP LINES SHRUG OFF BOX PRICE MOVE \ CHINA'S INCREASE HASN'T HURT MUCH _ SO FAR
Richard Knee |
Shipping lines seem unfazed by a recent 10 percent jump in Chinese container prices after Beijing se
SHIP INSURANCE COSTS STAY LOW \ MINOR INCREASES, IF ANY, EMERGE IN RENEWAL OF P&I PREMIUMS
Helen R. Macleod |
Insurance costs for shipowners and operators' liability, or protection and indemnity, seem likely to
CERES CHIEF HAD A DREAM \ GREEK FOUNDER SHOWED THE US A THING OR TWO ABOUT TERMINALS
Tom Baldwin |
Chris Kritikos had worked on ships and around the waterfronts of Europe when he arrived in the Unite
LATIN AMERICAN PORTS PROCEED TO PRIVATIZE \ TREND PACES DEVELOPMENT OF OTHER SECTORS
Kevin G. Hall |
Port privatization has become a linchpin of Latin American economic liberalization efforts.E
MANAGEMENT, SALES OFFER TOP SALARIES \ CLERICAL PAY FOUND LACKLUSTER
Bill Mongelluzzo |
People who want to make a career in the ocean shipping business better shoot for sales and managemen
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DOLLAR DOWN AGAINST YEN AFTER SURVEY IN JAPAN
Bridge News |
The U.S. dollar dived against the Japanese yen Wednesday after the Bank of Japan's June ''tankan'' b
BRIEFS
From Wire and Staff Reports |
CALIBER ANTICIPATESIMPROVED NET INCOMEPITTSBURGH - Caliber System Inc. told analysts that it
MUSSEL STUDY APPROVED FOR 3 MORE YEARS
Associated Press |
The national Sea Grant College Program will be funded for another three years, including $2.8 millio
ANDEAN COMMUNITY URGES UNITY
Bridge News |
Andean Community foreign ministers opened their meeting Wednesday with a call for unity and increase
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGExport Documentation, Procedures and Letters of Credit. Seminars in July and August s
MORE INTERNATIONAL STANDARDS AGREEMENTS DOWN THE ROAD
Richard Lawrence |
The half-dozen testing and certification accords initialed by the United States and the European Uni
PEOPLE ON THE MOVE
From Wire and Staff Reports |
RYDER SYSTEM INC.Vicki A. O'Meara was named executive vice president and general counsel of
OMI PLANS TO ACQUIRE MTL \ PRINCIPLES OF DEAL HAVE BEEN APPROVED
Bridge News |
OMI Corp. said it reached an agreement in principle to acquire Marine Transport Lines.The pr
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 28, 1996 - June 25, 1997 (a graph)*
ATTENDEES DISCUSS SHIP FINANCING AT ANNUAL FORUM
Alan Gersten |
Rolf Wikborg said Wednesday that the 8th Annual Ship Finance Forum was appropriately meeting on Park
BRIEFS
From Wire Reports |
INDIA TO CUT TIMETABLEFOR LIFTING IMPORT CURBSNEW DELHI - India will agree to a shorter time
Maritime
FCC CHIEF: INDIA NEEDS UNIFIED OVERSIGHT BODY
N. Vasuki Rao |
India should look at combining telecommunications and broadcasting regulators in a single body, U.S.
Maritime
AFTER ROLLER-COASTER 4 YEARS, ENVOY EXITS MEXICO POST
Kevin G. Hall |
James R. Jones, a former head of the American Stock Exchange and a former House Budget Committee cha
Maritime
TRADELEADS
The Journal of Commerce Tradeleads appear daily as ""Offers to |
OFFERS TO BUY* POLY ISOPRENE RUBBER NIPPLES. Poly isoprene rubber nipples. Pigeon brand, mad
Maritime
VW AND TRADE UNION REACH COMPREHENSIVE DEAL ON WAGES
Reuters |
Volkswagen AG and the IG Metall trade union said Wednesday they reached a comprehensive wage deal th
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 25, 1997Quotations are based on prices reported in the market or obtained from su
BRIEFS
From Wire Reports |
SEOUL TO FILE COMPLAINTSAGAINST US, CANADASEOUL - South Korea will take action against the U
Maritime
HOUSE PANEL OKS BILL TO EASE ENCRYPTION CURBS
Michael S. Lelyveld |
A bill to ease curbs on exports of encrypted software won speedy approval from a House trade panel l
Maritime
BRIEFS
From Wire Reports |
OIL WELL IN S. CHINA SEASETS RECORD, PHILLIPS SAYSNEW YORK - Phillips Petroleum Co. said an
HONG KONG WANTS CHINA TO HAVE PERMANENT MFN
P.T. Bangsberg |
If Congress had been looking for a suitable gift to Hong Kong on occasion of its change to Chinese s
Maritime
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 Tuesday at 241.44 up 0.19 wh
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 25, 1997 *Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
June 25, 1997RESELLER RACK Unleaded Mid- Premium-Unle
SPOT COMMODITIES
JOC Staff |
June 25, 1997Included are list prices of suppliers. Quotations do not necessarily represent
CASPIAN PIPELINE SAFER, "GREENER'
Bridge News |
A new pipeline section deep under the Volga River is one of a range of environmentally friendly meas
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 25, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 24, 1997Prev. Life of Contr. Open Open High Low
SPOT PRODUCT PRICES
JOC Staff |
June 25, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday June 25, 1997Prevailing sellers' posted prices at the close of business, represent
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