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TALE OF GOLDEN EAGLE NEARS ITS SWAN SONG
Ron Lent |
The final scene seems near for the soap-opera-like saga of embattled Golden Eagle Insurance Co.<
DEREGULATION DEBATE HEATS UP AS CRITIC COMES UNDER FIRE
Tim Sansbury |
Landmark legislation to deregulate ocean shipping is expected to hit the Senate floor soon, and with
CHINA'S SHIPYARD EXPORT INCOME UP
P.T. Bangsberg |
China, which now claims to be the world's third-largest shipbuilder, says it exported $300 million w
FREIGHT RATE FUTURES
JOC Staff |
May 30, 1997BALTIC INTERNATIONAL FREIGHT FUTURES MARKET Prev.Close High Low
BRIEFS
From Wire and Staff Reports |
WHO STARTS HANDINGOUT MEDICINE TO IRAQGENEVA - The World Health Organization has started dis
UNITED GRAIN TO SELL STAKE TO ARCHER DANIELS
Associated Press |
Fresh from a takeover attack, Winnipeg-based United Grain Growers has found a strategic partner in g
JAPAN'S REQUEST TO REOPEN AIR TALKS POSES A STRATEGY DILEMMA FOR US
Michele Kayal |
After months of elaborate kabuki, serious negotiations on a U.S.-Japan aviation accord may finally b
BRIEFS
From Wire and Staff Reports |
SYRIA WILL OPEN BORDERFOR TRADE WITH IRAQAMMAN, Jordan - Syria is set to open two posts on i
Maritime
HAPAG-LLOYD WORKERS FEAR DIVISION IF CONGLOMERATE BUYS LARGE STAKE
Robert Koenig |
Employees who toasted this week's 150th birthday of Germany's Hapag-Lloyd AG also expressed concerns
PANEL TO CRAFT COMPROMISE ON LIABILITY REFORM \ KEY SENATORS WORK WITH ADMINISTRATION
Margo D. Beller |
The White House has formed an interagency panel to work out a product liability reform bill Mr. Clin
TALKS PROGRESS ON TANKER DETAINED BY VENEZUELA
Janet Porter |
The first glimmer of a breakthrough in the international effort to persuade Venezuela to release a t
BRIEFS
From Wire and Staff Reports |
SHIPSCOURT INJUNCTION HALTSWORK STOPPAGE IN OAHUHONOLULU - A federal judge i
SAUDI BID TO JOIN WTO PROGRESSES, BUT KINGDOM URGED TO LIFT TRADE BANS
John Zarocostas |
Saudi Arabia's bid to join the World Trade Organization has picked up momentum, but trading partners
BRIEFS
From Wire Reports |
MERCOSUR MEMBERSHIPCLOSER FOR VENEZUELAMONTEVIDEO, Uruguay - Venezuela could be an associate
Maritime
BRIEFS
From Wire and Staff Reports |
CURRENT-ACCOUNT DEFICITFALLS IN SOUTH KOREASEOUL - South Korea's current-account deficit fel
Maritime
SAFETY ISSUES DAMPEN TRUCK RALLY \ AGENCY EYES TURN SIGNALS
Gregory S. Johnson |
You knew the good news wouldn't last long.Just when truckers are enjoying higher freight rat
BRIEFS
From Wire and Staff Reports |
'K' LINE RELOCATINGUS UNIT TO RICHMONDMURRAY HILL, N.J. - Japan's Kawasaki Kisen Kaisha, or
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 29, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.
NORWAY HAS BIG STAKE IN EU ENERGY NEGOTIATIONS
Helen Lancaster |
Although gas-rich Norway opted out of the European Union, its forecast that gas sales will double in
BRIEFS
From Wire and Staff Reports |
ATTORNEY GENERAL CAN FILELAWSUIT, JUDGE RULESLAKE CHARLES, La. - Louisiana Attorney General
WHAT A WEB A US RULE HAS WOVEN!
Paula L. Green |
Charging that the United States is out of step with the world and is resorting to new ways to restri
COST OF CREDIT
JOC Staff |
Thursday, May 29, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
DOLLAR JUMPS ON WEAK DATA FROM JAPAN ON OUTPUT
Bridge News |
The U.S. dollar rose Thursday on weak industrial production data from Japan, but gave back some of i
LONDON PARLEY PUTS FOCUS ON WORLD'S PORTS
Marcia Macleod |
Port officials of the world - unite!Some 500 of them will be doing just that in London next
SAFETY ISSUES DAMPEN TRUCK RALLY \ FHWA SEEKS RATING SYSTEM
Rip Watson |
The Federal Highway Administration is taking a new stab at creating a safety rating system for thous
CARGO GROWS AT WEST COAST PORTS, BUT SHIP LINES' RATES FALL
Bill Mongelluzzo |
It's not even the peak shipping season yet, but West Coast ports are bustling with activity.
BALTIC HANDY INDEX
JOC Staff |
1059 (May 29, 1997) Previous day - 1067The Baltic Exchange in London on Tuesdays and Thursda
INSIDE TALK - RIP WATSON \ FULLY STAFFED STB IS A NECESSITY FOR BEST POSSIBLE CONRAIL DECISION
Rip Watson |
After 17 months of waiting for a Surface Transportation Board appointment, now is the time for the C
SPOT COMMODITIES
JOC Staff |
May 29, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
GOLD MINE DUMPS PURCHASED
Bridge News |
Indonesian company Capstan Hong Kong is to buy three dumps from the closed Stilfontein gold mine to
ISRAEL PANEL RECOMMENDS SALE OF EL AL AIRLINE IN EARLY 1998
Reuters |
A committee formed to study the privatization of El Al Israel Airlines recommends selling 100 percen
HALIFAX HAILS BUSINESS BOOST
Tom Baldwin |
The Port of Halifax has scored another win with the introduction of visits every 12 days by the Nati
MARAD SEES NEW FRONT FOR DRUG WAR \ AGENCY: FOCUS SHOULD SHIFT FROM SHIP TO SHORE
Tom Baldwin |
The international war on cocaine-smuggling should refocus away from ships and look instead at shippe
QUOTA WATCH
International Development Systems Inc., Washington |
Current textile quotas:Where the average recent utilization rate indicates full quota utiliz
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1285 (May 29, 1997) Previous day - 1289The Baltic International Freight Futures Market in Lo
CARGO SHIP ROCKED BY SRI LANKA BLAST
Bridge News |
An explosion damaged a Greek-registered cargo ship off Sri Lanka's northeast coast Thursday and a pa
BRIEFS
From Wire Reports |
3 MEATPACKERS LOSELICENSE IN ARGENTINABUENOS AIRES - The Agriculture Secretariat has ordered
GASOLINE PRICES
JOC Staff |
May 29, 1997RESELLER RACK Unleaded Mid- Premium-Unlea
ENERGY AWARDS MORE FUNDS TO OAK RIDGE FACILITIES
Associated Press |
The Department of Energy announced Thursday an additional $10 million will be committed to help offs
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