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DAILY PETROLEUM PRICES
JOC Staff |
Monday June 9, 1997Prevailing sellers' posted prices at the close of business, representing
CHINA, BRITISH GIANT REACH EQUITY AGREEMENT \ BEIJING TO BUY STAKE IN HONG KONG TELECOM
P.T. Bangsberg |
It took a while and several false starts, but China now appears to have gotten what it wanted and Ho
Maritime
MIDWEST RAIL EYES COAL SERVICE
Rip Watson |
Coal freight rates from Wyoming's lucrative Powder River Basin are likely to fall if plans for new r
JAPAN'S JHTA TO NAME NEW CHIEF
Coco Kubota |
Analysts on both sides of the Pacific say the impending appointment of a new president to the Japan
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
COMPANY PERFORMANCEPercentYear Closing ChangeHigh/ Price
COST OF CREDIT
JOC Staff |
Monday, June 9, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire Reports |
RUSSIA, CUBA OK BOOSTIN OIL-SUGAR SWAPMOSCOW - Russia and Cuba have approved a sharp increas
Maritime
SUPPLY EXPECTED TO KEEP PACE WITH SURGING OIL DEMAND
Reuters |
Robust growth in developing countries and a brighter economic outlook in the former Soviet Union wil
DECISION NEAR ON US-HONDURAS WOOL DISPUTE \ WTO PANEL TO SEW UP LONG-STANDING CONFLICT
Paula L. Green |
A key panel that oversees global textile disputes is ready to issue a decision on a long-standing U.
Maritime
ISTANBUL SHAPING UP AS GATEWAY TO REGION
Jonathan Ewing |
When Omer Aktuna heard that Mercedes-Benz Turk had signed a $41 million contract to supply 317 city
Maritime
BRIEFS
From Wire and Staff Reports |
RUSSIA, JAPAN AGREEON FIRST PART OF LOANTOKYO - Russia and Japan Monday signed an agreement
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 9, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
QUOTE TO NOTE
Ulrica Messing, Minister of Labor, Sweden |
'I was both disturbed and surprised about how a company can have one moral code in Sweden, but have
Maritime
US TO CUBA: BALL IN YOUR COURT
Reuters |
The United States is interested in thawing its relations with Cuba, said Secretary of State Madelein
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 9, 1997 *BRENT CRUDE OIL - (DOLLARS PER BARREL)
EARNINGS
From Wire and Staff Reports |
MID OCEAN SAW INCREASEIN FIRST-HALF RESULTSHAMILTON, Bermuda - Mid Ocean Ltd. realized an in
WIDEPREAD GAINS PUSH JOFC INDEX UP
Chris Isidore |
Gains across most of the transportation sectors led to a 1.4 percent rise in The Journal of Commerce
CAMPAIGN CHARGE THREATENS TO UNSEAT NEW
Chris Isidore |
The reformer image of Teamsters President Ron Carey is coming under heavy fire amid federal allegati
BRIEFS
From Wire and Staff Reports |
BUDGET MAKERS PROPOSECHANGES TO TRAVEL TAXWASHINGTON - Congressional budget makers want to d
BALTIC FREIGHT INDEX
JOC Staff |
1245 (June 9, 1997) Previous day - 1247The Baltic International Freight Futures Market in Lo
ILWU BEGINS VOTE FOR PRESIDENT \ MOST PRESSING ISSUE: UNITING THE UNION
Bill Mongelluzzo |
Importers and exporters are closely watching the election for president of the West Coast dockworker
BRIEFS
From Wire Reports |
ARAMCO SAYS UPSTREAMCAPITAL SUFFICIENTKUALA LUMPUR, Malaysia - Saudi Arabia has all the capi
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 Friday at 246.60 off 0.04 wh
BULK KING BETS ON A SHORE THING
P.T. Bangsberg |
With profit from its main business in the doldrums, one of Hong Kong's largest bulk and tanker opera
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
PORTS PLAN NEW ROLL-ON, ROLL-OFF SERVICE TO MEXICO
Kevin G. Hall |
Using coffee as their platform, the Port of New Orleans and its Mexican counterpart, Veracruz, are t
JOURNAL OF COMMERCE - FAST FACTS \ US OUTPUT, 1962 - 1997: CONSTANT-DOLLAR TRENDS
St. Louis Federal Reserve |
No text.
EU LAUNCHING CAMPAIGN TO SALVAGE THE EURO
Bruce Barnard |
The European Union will launch a weeklong diplomatic campaign today to salvage its planned single cu
INDIA PINS HOPES ON ITS EXPORT ZONES
N. Vasuki Rao |
Encouraged by 34 percent growth the previous year, India is projecting at least a 27 percent rise in
Maritime
US AMBASSADOR ASKS HANOI TO IMPROVE BUSINESS CLIMATE
Reuters |
The first U.S. ambassador to Hanoi said U.S. firms will not invest in Vietnam unless the risks of do
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending June 4, 1997 as supplied by the bunker fuel de
OHIO BECOMES ELIGIBLE FOR YEARLY FEDERAL AID FOR COASTLINE PROJECTS
M.R. Kropko |
Ohio hopes to continue improvements to its 262 miles of Lake Erie coast with the help of $800,000 an
COURT ORDER HALTS CONAGRA PROJECT
Associated Press |
A judge has temporarily blocked food-processing giant ConAgra Inc. from building a $170 million soyb
BRIEFS
From Wire and Staff Reports |
LIBERTY MUTUAL UNITPURCHASES SUL AMERICABOSTON - Liberty Mutual Group announced Monday that
ATLAS SEEN LIFTING ITS CARGO CAPACITY VIA 747-400 BUY
Andrew Blum |
Atlas Air Inc.'s agreement Monday to buy 10 Boeing 747-400 freighters would give the cargo carrier m
FOUR MAERSK VESSELS FLY US FLAG, EMPLOY AMERICAN CREWMEMBERS
Tom Baldwin |
The trend toward using foreign-flag vessels is hitting a reversal with the start of a Mediterranean
TOKYO ALLOWS STOCK OPTIONS AS EXECUTIVE COMPENSATION \ MARKETPLACE SHIFTS MAY YIELD FASTER RESPONSE
Gordon Platt |
How now, Nikkei?Japan has implemented a new law allowing Japanese corporate executives to be
Maritime
BRIEFS
From Wire and Staff Reports |
OFFICIALS EXPECT ROLLOVERAT OPEC JUNE MEETINGKUALA LUMPUR, Malaysia - Officials with Kuwait
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