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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
NEW DELHI BUDGET PLEASES LAWMAKERS, INVESTORS
N. Vasuki Rao |
What's commonly called an innovative budget by Finance Minister Palaniappan Chidambaram finally rece
Maritime
CORRECTION
JOC Staff |
An article of Page 2A of the May 14 edition should have identified Kempton Jenkins as executive dire
Maritime
BRIEFS
From Wire and Staff Reports |
SATELLITE BROADCASTERGETS SEVERAL PARTNERSTOKYO - Media mogul Rupert Murdoch's Japanese sate
Maritime
US EXECUTIVES MORE FRUSTRATED OVER JOB SECURITY
Gordon Platt |
A survey comparing attitudes of U.S. and European executives found that declining job security and s
Maritime
BRAZIL DROPS DEMAND FOR LABOR AT TRADE TALKS
Kevin G. Hall |
After pressure from the United States, Mexico and other countries, Brazil has backed away from inclu
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 14, 1997Quotations are based on prices reported in the market or obtained from sup
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 14, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.
SINGAPORE IS GETTING ITS FIRST P&I CLUB
P.T. Bangsberg |
First moves toward realization of an Asian maritime insurance pool are being made by Bermuda-based S
BRIEFS
From Wire and Staff Reports |
AIRBORNE ADDS SATURDAYSERVICE TO ANCHORAGESEATTLE - Airborne Express announced the start of
PEOPLE ON THE MOVE
From Wire and Staff Reports |
AUSTRALIA-NEW ZEALANDDIRECT LINEMichael Thomas was promoted to vice president, commercial, w
STUDY WARNS OF BORDER GRIDLOCK AS US-CANADA TRADE EXPLODES
Rip Watson |
Fast-growing commercial ties between the United States and Canada, the world's largest trading partn
BALTIC FREIGHT INDEX
JOC Staff |
1281 (May 14, 1997) Previous day - 1281The Baltic International Freight Futures Market in Lo
RESPONDING TO GROWING CARGO VOLUMES
Columbus Line USA Inc. Photo |
Photo only.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
PRODUCER PRICE INDEX: TRANSPORT
U.S. Department of Labor |
SECTOR APRIL '97 INDEX PERCENT CHANGE PERCENT CHANGEFROM APRIL '96 FROM M
US, BRAZIL TAKE FEUD TO TRADE MEETING
Kevin G. Hall |
When trade ministers from the Americas left Cartagena, Colombia, last spring, they voiced concern th
QUOTE TO NOTE
Joe Freeman, Chief executive, Lykes Bros. Steamship Co. |
''This is a critical situation, not in terms of weeks, but in terms of days.''
Maritime
MORE FUNDS SOUGHT TO CONVERT WASTE SITES
Margo D. Beller |
The Clinton administration is making a big push for an additional $50 million in next year's budget
VOLCKER: FED A LOGICAL CHOICE FOR OVERSIGHT
Margo D. Beller |
The former chairman of the Federal Reserve Board told a House committee Wednesday the Fed should bro
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 14, 1997Prevailing sellers' posted prices at the close of business, representi
BA CARGO UNIT WORKERS VOTE FOR 2-YEAR PAY FREEZE, JOB CUTS
Journal Of Commerce Staff |
Employees at British Airways World Cargo have voted overwhelmingly in favor of plans for job reducti
EQUIS BATTLES TO TAKE THE WHEEL AT PLM
Peter Tirschwell |
A battle is taking shape for control of transport equipment lessor PLM International following a hos
BRITISH-CANADIAN OIL DEAL WITH IRAN SPURS US PROBE
Michael S. Lelyveld |
The State Department is investigating a British-Canadian deal with Iran even as supporters of U.S. s
BRIEFS
From Wire and Staff Reports |
MAINE YANKEE PLANT MAYGET NEW OWNER SOONPORTLAND, Maine - Maine Yankee could be getting a ne
LATIN AMERICA LAUNCHING ITSELF INTO CYBERSPACE \ MANY SUPPLIERS START PROMOTING VIA NET
Kevin G. Hall |
If Iqbal Talib has his way, automobile parts maker Bosch and other companies will soon be displaying
Maritime
TRADE WAR LOOMS OVER MERGER, MCDONNELL DOUGLAS CHIEF SAYS
Associated Press |
A key European official is trying to block the merger of two U.S. aircraft giants and could set off
Maritime
GASOLINE ADDITIVE BILL FUELS FIGHT
Bridge News |
Passage by California's Senate Environmental Quality Committee Monday of a compromise bill authorizi
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGExport Documentation, Procedures and Letters of Credit. Seminars in June sponsored by
2 JAPAN LINES TO RESUME DIVIDENDS
Journal Of Commerce Staff |
Japan's Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd. will resume dividend payments in the
HANJIN TO OFFER JAPAN-INDONESIA EXPRESS SERVICE
P.T. Bangsberg |
South Korea's Hanjin Shipping Co. expands its Asian services Saturday with a new Japan-Indonesia exp
JAPAN SAYS MARCH'S SURPLUS DROP IS TEMPORARY
Reuters |
Japan's current account surplus shrank a sizable 17 percent in March from a year earlier, but the dr
INDIAN GOVERNMENT GETS STATIC OVER BROADCAST MOVE
N. Vasuki Rao |
An Indian government move to open, while carefully controlling, the broadcasting sector has set off
Maritime
EUROPEAN NATIONS COLLECT THE GIFT OF SUBSTANTIAL FOREIGN INVESTMENT
Grog Smosarski |
Europe grabbed the largest portion of worldwide direct foreign investments that totaled $315 billion
Maritime
BRIEFS
From Wire and Staff Reports |
CLOTHING GIANT LATESTTO JOIN SWEDISH EXODUSSTOCKHOLM - Clothing chain Hennes and Mauritz has
Maritime
BRIEFS
From Wire and Staff Reports |
POLLUTION EXCLUSION LAWVETOED IN INDIANAINDIANAPOLIS - Indiana Gov. Frank O'Bannon vetoed a
SPOT COMMODITIES
JOC Staff |
May 14, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
US, MEXICO PLAN JOINT POWER GRID
Mary Sutter |
A Mexican -U.S. technical group for energy will meet this October in Phoenix to discuss interconnect
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 13, 1997Prev. Life of Contr. OpenOpen High Lo
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