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US KEEPS EYE ON EU'S BOEING REVIEW
Reuters |
The Clinton administration, spurred by a bipartisan group of senators, warned Monday that it was wat
Maritime
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* DUST REMOVER ACCESSORY. 904L material high-heat stainless steel wire. Quantit
Maritime
TWA "MALFUNCTION' VERDICT COULD MEAN BILLIONS IN RETROFITS
Andrew Blum |
Arguments are still raging about what brought down TWA Flight 800, but the words ''mechanical malfun
FREIGHT RAILS BOOST AMTRAK'S PUNCTUALITY
Journal Of Commerce Staff |
Some freight railroads are contributing to improved on-time performance at Amtrak, which said Monday
PRUDENTIAL, CALIFORNIA CROSS SWORDS OVER AD LANGUAGE
Ron Lent |
The largest life insurer in the United States has gone to court in California in a battle with the i
PEOPLE ON THE MOVE
From Wire and Staff Reports |
COMSAT CORP.Edwin Colodny, former US Airways Group Inc. chairman, was elected chairman of th
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
CHINESE RULES PERPLEX TAIWAN
Bridge News |
Taiwanese shipping operators have a mixed response to China's announcement last week of regulations
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
DAILY PETROLEUM PRICES
JOC Staff |
Friday May 9, 1997Prevailing sellers' posted prices at the close of business, representing t
INDIA SEES PICKUP IN INDUSTRY
N. Vasuki Rao |
Indian industry expects conditions to improve significantly in the current fiscal year after a soggy
Maritime
GERMAN LINE PLANS DIVESTITURE
Robert Koenig |
Germany's Hamburg-Sud, trying to cut costs and restore profitability, is moving to spin off its seaf
BALTIC FREIGHT INDEX
JOC Staff |
1275 (May 9, 1997) Previous day - 1272The Baltic International Freight Futures Market in Lon
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 3, total piggyback freight hauled on the nation's major railroads equaled 169
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
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
SPOT PRODUCT PRICES
JOC Staff |
May 9, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.
PEOPLE ON THE MOVE
From Wire and Staff Reports |
DHL WORLDWIDE EXPRESSJoseph Riera has joined DHL Airways Inc. as senior vice president and c
EU SEEKS TO STEM TIDE OF "TAX WARS' \ CODE OF CONDUCT IN WORKS TO HALT BIDDING BATTLE
Bruce Barnard |
The European Union is preparing a code of conduct to prevent tax competition between its members fro
DOLLAR'S SLIDE MAY ACCELERATE IF FED DOES NOT RAISE RATES
Gordon Platt |
The dollar lost 5 percent against the Japanese yen last week and could keep sliding if the Federal R
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
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
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
BRIEFS
From Wire and Staff Reports |
FORMOSA PLASTICS PLANSSECOND PLANT IN USTAIPEI - Taiwan's petrochemical giant Formosa Plasti
MAJOR GAINS AND DECLINES IN CARLOADINGS \ THREE WEEKS ENDED MAY 3, 1997, VS. SIMILAR 1996 PERIOD
Adapted from Weekly Railroad Traffic, Association of American |
Cars CarsLoaded Loaded Change Railroad Category 1
TRADELEADS
The following trade leads appear exclusively in print in The |
Offers to buy* LENTILS, BEANS & PULSES. Pulses, red whole & split lentils, chick peas & gree
Maritime
COST OF CREDIT
JOC Staff |
Friday, May 9, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
PARALLEL MARKET \ FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of April 30, 1997Parallel Market Foreign Exchange Rates are based on unofficial, non-docu
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
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
BRIEFS
From Wire Reports |
CANADIAN FINDS OILOFF WESTERN AUSTRALIACALGARY - PanCanadian Petroleum Ltd. said it has made
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 9, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.7
CHINA, GERMANY TO STUDY CONVERTING COAL TO FUEL OIL \ PROPOSED PLANT WOULD BE FIRST OF ITS KIND
P.T. Bangsberg |
China is proposing to build what's billed as the world's first plant to convert coal directly into c
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARY:AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
AFL-CIO HAVING SECOND THOUGHTS ON EX-IM BANK
Tim Shorrock |
Stung by the outsourcing of U.S. jobs and recent moves by U.S. multinationals to expand the foreign
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
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