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BRIEFS
From Wire and Staff Reports |
UPS Worldwide opensMexico distribution hubMEXICO CITY - UPS Worldwide Logistics has opened a
BUNKER FUEL SUPPLIERS SEEN CHEATING SHIPOWNERS
Michael Rank |
Suppliers of bunker fuel for ships' engines are guilty of widespread fraud that costs the industry m
BALTIC FREIGHT INDEX
JOC Staff |
1274 (May 30, 1997) Previous day - 1285The Baltic International Freight Futures Market in Lo
WEEKLY COAL EXPORTS \ WEEK OF MAY 19 - 23, 1997
PIERS, New York |
Only table.
CHINA LIGHT IN VENTURE TO DEVELOP SHANDONG
Bridge News |
Hong Kong's China Light & Power Co., a wholly owned subsidiary of China Energy Investment Co., has s
GEORGIAN SEPARATISTS THREATEN OIL COMPANIES \ SHEVARDNADZE OFFERS CONCESSIONS TO GROUP
Michael S. Lelyveld |
The Republic of Georgia stands on a precipice between peace and war this week following warnings to
Maritime
BRIEFS
From Wire and Staff Reports |
MASSACHUSETTS LEGISLATORDENIES FUND-RAISING PROBEBOSTON - Massachusetts state Rep. Paul Kuja
PEOPLE ON THE MOVE
From Wire and Staff Reports |
GAINSCO CO.Brigitte G. Doyle was named to the new position of vice president of human resour
LLOYD'S POSTS A SMALL GAIN FOR THE 1994 OPERATING YEAR \ SECOND YEAR IN A ROW IT EXCEEDS UK1 BILLION
Sarah Holmes |
Lloyd's of London last Friday announced profit of UK1.013 billion ($1.7 billion) for the 1994 year o
PEOPLE ON THE MOVE
From Wire and Staff Reports |
SEKO WORLDWIDE INC.Joe Devine was named national accounts manager at this Elk Grove, Ill., p
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 24, total piggyback freight hauled on the nation's major railroads equaled 17
CATHAY MAY SEEK COMPENSATION FOR TROUBLE-PRONE FLEET
P.T. Bangsberg |
Hong Kong's main airline company, admitting to unspecified financial losses, is eyeing compensation
SPOT COMMODITIES
JOC Staff |
May 30, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
GASOLINE PRICES
JOC Staff |
May 30, 1997RESELLER RACK Unleaded Mid- Premium-Unlea
BRIEFS
From Wire and Staff Reports |
ELF AQUITAINE CHIEF ENDSCHEVRON MERGER TALKSPARIS - Elf Aquitaine chairman Philippe Jaffre t
BALTIC FREIGHT INDEX
Journal of Commerce |
May 30: 1274
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
HAPAG COULD BOOST PREUSSAG SHIPBUILDING, LOGISTICS
Robert Koenig |
The main impetus behind Preussag AG's efforts to determine if it could buy a majority share of Hapag
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 30, 1997 *Brent Crude Oil - (Dollars Per Barrel)
INDUSTRY'S RESULTS IMPROVE \ BUT MERGER MANIA MAY CUT EUPHORIA SHORT
Russ Banham |
Recent estimates regarding the state of the inland marine insurance market give cause for celebratio
BRIEFS
From Wire and Staff Reports |
MASSPORT TO OPEN ASIAOFFICE, SHUT IN LONDONBOSTON - The Massachusetts Port Authority plans t
Maritime
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.
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