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HK TELECOM SALE RATTLES THE MARKET \ CHINESE POWER STRUGGLE SUGGESTED
P.T. Bangsberg |
A buzz of anticipation about the future of Hong Kong's main telecommunications company ended with a
Maritime
INDIA SEES PICKUP IN INDUSTRY
N. Vasuki Rao |
Indian industry expects conditions to improve significantly in the current fiscal year after a soggy
Maritime
QUOTE TO NOTE
Lu Ping, Director of China's Hong Kong and Macao Affairs |
'Of course the systems are different. We have to explain to the people on the mainland why Hong Kong
Maritime
JAPAN SEEN RELUCTANT TO WELCOME N. KOREA TO DEVELOPMENT BANK
Bridge News |
Japan will likely oppose North Korea joining the Asian Development Bank because of Pyongyang's failu
Maritime
DEFICITS WITH CHINA, JAPAN WORRY US
Bridge News |
The Clinton administration is ''concerned'' about huge U.S. trade deficits with Japan and China, and
Maritime
BRIEFS
From Wire and Staff Reports |
KOHL, IN HONG KONG,DISCUSSES HUMAN RIGHTSHONG KONG - Chancellor Helmut Kohl of Germany met F
Maritime
RUSSIA LAUNCHES THREE AUTOMOBILE ASSEMBLY PROJECTS \ FOREIGN MAKERS HOPE TO CUT PRICES, SPUR SALES
John Helmer |
Russian auto plants started two new assembly lines last month, turning out models for Kia and Hyunda
Maritime
UN'S ASIA BODY URGED TO RETHINK ITS ROLE
Ron Corben |
The largest and most diverse group of Asian nations is being goaded to re-examine its role in the li
Maritime
"NOTHING NEW' IN TALKS, CENTRAL AMERICANS SAY \ CLINTON MADE NO VOW ON NAFTA EXPANSION
Michael Stott |
Central American leaders had little but photographs to show from their long-awaited summit with Pres
Maritime
BRIEFS
From Wire and Staff Reports |
SHIPSSIZE OF NORWEGIANMERCHANT FLEET SWELLSOSLO - The size of the Norwegian-
APL OPENS MAMMOTH BOX TERMINAL AT LOS ANGELES
Bill Mongelluzzo |
The nation's largest proprietary container terminal, the 230-acre American President Lines terminal
GERMAN LINE PLANS DIVESTITURE
Robert Koenig |
Germany's Hamburg-Sud, trying to cut costs and restore profitability, is moving to spin off its seaf
GLOBAL AIR GROUP ASKS THAT WASHINGTON DEFER FEES ON CARRIERS USING US AIRSPACE
John Zarocostas |
The head of the International Air Transport Association is urging the Clinton administration to defe
BALTIC FREIGHT INDEX
JOC Staff |
1275 (May 9, 1997) Previous day - 1272The Baltic International Freight Futures Market in Lon
FREIGHT RATE FUTURES
JOC Staff |
May 9, 1997Baltic International Freight Futures Market Prev.Close High Low
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARY:AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 3, total piggyback freight hauled on the nation's major railroads equaled 169
BRIEFS
From Wire and Staff Reports |
NEW SERVICE BEGINSTO DOMINICAN REPUBLICMIAMI - Azov-Caribbean Line is starting a new service
CHINESE RULES PERPLEX TAIWAN
Bridge News |
Taiwanese shipping operators have a mixed response to China's announcement last week of regulations
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 9, 1997Quotations are based on prices reported in the market or obtained from supp
CARGO HOLDS STILL LACKING SMOKE ALARMS
Associated Press |
A year after ValuJet Flight 592 crashed into the Everglades, killing everyone aboard, no airline has
BRIEFS
From Wire and Staff Reports |
MEXICO SAYS COMPANYMAY OFFER INSURANCEMEXICO CITY - Mexico's finance ministry has authorized
BALTIC FREIGHT INDEX
Journal of Commerce |
May 9: 1275
LEIF HOEGH, SAFMARINE SEAL REEFER ALLIANCE DEAL
Janet Porter |
A powerful new player has been created in the refrigerated cargo trades following the completion of
BNSF TO ACQUIRE 405 NEW LOCOMOTIVES WITHIN THREE YEARS
Rip Watson |
Burlington Northern Santa Fe Railway, in a bid to avoid a recurrence of recent locomotive shortages,
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
BRIEFS
From Wire and Staff Reports |
UAW SEEKS TO REPRESENTFEDEX DISTRICT'S LABORDETROIT - The United Auto Workers has petitioned
FRANCE'S GAN: WE'RE READY FOR PRIVATIZATION
Grog Smosarski |
French state insurer GAN, and its banking subsidiary CIC, are ready to be privatized, Didier Pfeiffe
SINGLE EUROPEAN MARKET REMAINS AN ELUSIVE PREY \ SCOPE OF LIBERALIZATION A CRITICAL QUESTION
Helen R. Macleod |
The single European market is nothing like a reality, despite a raft of European Commission legislat
NEW YORK BILL WOULD ENCOURAGE INSURERS TO SETTLE IN GOOD FAITH
Associated Press |
A bill has been introduced in the New York Legislature to make insurance companies pay legal fees in
BRIEFS
From Wire Reports |
CANADIAN FINDS OILOFF WESTERN AUSTRALIACALGARY - PanCanadian Petroleum Ltd. said it has made
ISC NAMES 2 TO TOP SPOTS AT CENTRAL GULF, FOREST
Journal Of Commerce Staff |
International Shipholding Corp. named two executives to the top management positions of its principa
LYKES CHIEF URGES MARAD TO REJECT CALL FOR CP DEAL REVIEW
Tim Sansbury |
To delay is to kill, the president of Lykes Bros. Steamship Co. said Friday in a letter urging the M
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 248.08 up 1.47 whi
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 9, 1997 *Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
May 9, 1997Included are list prices of suppliers. Quotations do not necessarily represent pr
SENATORS PUSH TO AX ENERGY
Patrick Kelly |
U.S. Republican lawmakers last week renewed their effort to abolish the U.S. Energy Department, call
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 9, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.7
EXXON EYES SECOND PLANT IN SINGAPORE
Bridge News |
Oil giant Exxon Corp. is expected to approve the construction of a major petrochemical plant in Sing
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