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FARMERS IS ENTERING FINANCIAL SERVICES FIELD
Ron Lent |
Farmers Insurance Group, the third largest insurance company in California, has entered the consumer
VENEZUELA FUEL GETS SECOND SHOT IN FLORIDA
Arthur Gottschalk |
Orimulsion - a controversial, vastly abundant and dirt-cheap boiler fuel from Venezuela - has taken
GROUNDED AIRLINE HAD MANY PROBLEMS
Associated Press |
Federal safety inspectors found hundreds of problems with Great Lakes Aviation's fleet, from cracked
BALTIC COUNCIL TO OPEN ASIAN OFFICE
P.T. Bangsberg |
Asia's campaign to win more recognition for its maritime sector appears to be paying off.The
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 4, 1997Prev. Life of Contr. OpenOpen High Lo
US STEEL RULING ANGERS RUSSIANS \ POSSIBLE LOSSES PUT IN MILLIONS
John Helmer |
Russian officials are angry at a move launched in Washington this week that they say may shut Russia
SHIPOWNERS FIND SPECIALTY MARKETS MORE PROFITABLE \ HIGHER-END TONNAGE COMMANDS HIGHER RATES
Janet Porter |
''Industrial shipping'' is the vogue term in Norwegian shipping circles these days.Norwegian
BELARUS TOLD NOT TO MAKE NEW TRADE RESTRICTIONS
Journal Of Commerce Special |
The United States and the European Union called on Belarus Thursday not to introduce any new trade b
BRIEFS
From Wire and Staff Reports |
CHINA NAMES DIPLOMATFOR HONG KONG POSTBEIJING - China on Thursday announced the appointment
Maritime
CHRETIEN'S SPIRITS HIGH AS SECOND TERM BEGINS IN CANADA
Courtney Tower |
Jean Chretien takes his government's re-election this week jauntily, saying it lets him stay the cou
Maritime
TRUCKERS VOW COURT FIGHT TO BLOCK INJURY REGULATIONS
Chris Isidore |
New state workplace safety rules designed to stop repetitive strain injuries have cleared a hurdle i
BRIEFS
From Wire and Staff Reports |
CONSUMERS HOLD BACKON PALLADIUM PURCHASESNEW YORK - U.S. palladium consumers are being buffe
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 5, 1997Quotations are based on prices reported in the market or obtained from sup
SPOT PRODUCT PRICES
JOC Staff |
June 5, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
ITALIAN, CHINESE OIL COMPANIES FORM DEVELOPMENT JOINT VENTURE
Bridge News |
Italy's AGIP, the oil-exploration and refining arm of state-owned energy group ENI, and China Nation
BRIEFS
From Wire and Staff Reports |
SAN FRANCISCO AIRPORTAWARDS CONTRACT TO BAEDALLAS - The San Francisco Airport Commission awa
PORT OF LOS ANGELES OPENS RAIL LINK
Bill Mongelluzzo |
The Port of Los Angeles opened a key rail link that will expedite the flow of intermodal cargo throu
P/C INSURERS IN THE MONEY AGAIN \ HIGHER PROFIT NOT TIED TO BETTER UNDERWRITING
Margo D. Beller |
U.S. property/casualty insurers continued to make money in the first quarter of 1997, according to i
REVISED NORWAY TERMS "SHIPOWNER FRIENDLY' BY JANET PORTER
Journal Of Commerce Staff |
Norwegian underwriters have worked with the local shipping community to produce what they see as a v
A GULP OF PULP
Kevin G. Hall |
If the maritime industry ruled Hollywood, the Port of Jacksonville's new long-term contract with an
SEA-LAND SLAMS MARAD OVER LYKES NEGOTIATIONS
Tim Sansbury |
The nation's largest shipping company warned the Maritime Administration not to engage in secret neg
QUOTE TO NOTE
Dagfinn Lunde, Managing Director, International Association of |
'We will show our teeth when necessary.'
Maritime
MODIFIED CATHAY AIRCRAFT IN SERVICE
P.T. Bangsberg |
Hong Kong's flag carrier Cathay Pacific Thursday resumed limited use of its Airbus A330-300 fleet as
RUSSIA ADMITS ECONOMIC WOES
John Helmer |
Can the Russian economy be booming in the dark? Are tulips blooming in Moscow's parks the signal tha
Maritime
AERO TECHNOLOGY
Maria Carlino |
Aero Technology's niche business in the airline industry is taking off.The $3 million the co
Maritime
RUBIN EXPECTS CHINA TO RETAIN TRADE STATUS
Journal Of Commerce Staff |
China will retain its U.S. trade benefits despite growing congressional criticism of its human right
Maritime
CODELCO TO UNVEIL PLAN FOR COPPER SITE
Bridge News |
Chile's state-owned copper giant Codelco will present at its next board meeting on June 25 plans for
US COMPANIES' ATTENDANCE HITS RECORD \ NORWEGIAN MARKET INCREASINGLY IMPORTANT
Janet Porter |
U.S. shipyards and marine equipment manufacturers are among a record number of American companies ex
SPOT COMMODITIES
JOC Staff |
June 5, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
RATES RISING AS AUTOS REV UP AMERICAS TRADE \ CONTAINER TRAFFIC SHIFTS INTO HIGH GEAR
Tom Baldwin |
Ocean rates are beginning to rise for shippers moving goods between North and South America, thanks
COST OF CREDIT
JOC Staff |
Thursday, June 5, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
CANADA PORTS TOTE RECORD CARGO
Courtney Tower |
Canada's ports handled a record 260.3 million metric tons of international cargo last year, a third
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
PEOPLE ON THE MOVE
From Wire and Staff Reports |
PENN-AMERICA INSURANCE CO.David Taylor was named senior vice president of personal lines at
BRIEFS
From Wire and Staff Reports |
SHIPSENVIRONMENTAL GAINSHELP TANKER OPERATORSLONDON - Growing environmental
TANKER OWNERS' GROUP SEEKS TO RESHAPE IMAGE
Janet Porter |
A quiet revolution is taking place in the suburbs of this city.The organization that represe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
34 FREIGHT CARS DERAIL IN FLORIDA
Associated Press |
An unauthorized, unidentified rider suffered minor injuries Wednesday when 34 cars of a CSX Transpor
GASOLINE PRICES
JOC Staff |
June 4, 1997RESELLER RACK Unleaded Mid- Premium-Unlea
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 3, 1997Prev. Life of Contr. OpenOpen High Lo
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