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PORT OF VANCOUVER TERMINAL OFFICIALLY OPENS FOR BUSINESS
Alison Bate |
Canada's largest port officially opened its newest container terminal Wednesday.The US$162 m
ENVIRONMENTAL GROUP PUTS HEAT ON CALIFORNIA PORTS
Bill Mongelluzzo |
A California environmental group is calling for Draconian measures to reduce diesel emissions from o
YELLOW OFFERS FULL BOXLOAD SEA SERVICE TO EUROPE, ASIA
Journal Of Commerce Staff |
Yellow Freight System Inc., one of the largest trucking companies in the United States, is using oce
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
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
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
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
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
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
BALTIC FREIGHT INDEX
JOC Staff |
1289 (June 25, 1997) Previous day - 1281The Baltic International Freight Futures Market in L
HAPAG-LLOYD IS ASSURED COMPANY WILL STAY INTACT
Janet Porter |
Preussag AG, the German conglomerate that wants to buy a controlling interest in Hapag-Lloyd, has as
COST OF CREDIT
JOC Staff |
Wednesday, June 25, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
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
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
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
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 25, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday June 25, 1997Prevailing sellers' posted prices at the close of business, represent
BRIEFS
From Wire Reports |
CLINTON ANNOUNCESNEW US CLEAN-AIR RULESNASHVILLE - President Clinton said Wednesday he had a
APL UNVEILS PLAN TO RETAIN US FLAG
Peter Tirschwell |
Less than a week after a similar plan was rejected by federal regulators, APL Ltd. unveiled a propos
EUROPE-ASIA RATES SEEM STABLE, FOR NOW
Janet Porter |
The chairman of P&O Nedlloyd said he is moderately optimistic about freight rates in the Europe-Asia
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
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
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
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
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)*
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
SPOT PRODUCT PRICES
JOC Staff |
June 25, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
TECH TALK - ALAN ABRAMS \ CHARITY AND SELF-INTEREST WALK SIDE BY SIDE ALONG THE INTERNET
Alan Abrams |
All of a sudden, some big Net players seem to be giving away an awful lot. Take Microsoft Corp. chie
SUPERTANKER DEVELOPER IS REMEMBERED
Journal Of Commerce Staff |
There are small parties and moments of silence this week at offices of Universe Tankerships LLC, all
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
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
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
BRIEFS
From Wire Reports |
SEOUL TO FILE COMPLAINTSAGAINST US, CANADASEOUL - South Korea will take action against the U
Maritime
BRIEFS
From Wire Reports |
OIL WELL IN S. CHINA SEASETS RECORD, PHILLIPS SAYSNEW YORK - Phillips Petroleum Co. said an
API WEEKLY REPORT \ GASOLINE INVENTORIES TOP PREVIOUS WEEK'S FIGURE
Journal Of Commerce Staff |
U.S. gasoline inventories rose by 600,000 barrels in the week ended June 20 compared with the previo
PORTLAND GENERAL'S ENRON DEAL BLESSED
Associated Press |
Portland General Corp. shareholders voted Tuesday to approve the company's merger with Enron Corp.,
TACA KEEPS SAILING AHEAD OF ADVERSITY \ ATLANTIC MEMBERS ADJUST TO COMPETITION
Don Amerman |
Like the unsinkable Molly Brown - the resilient Denver millionairess who survived the sinking of the
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