Latest news

Japan will likely oppose North Korea joining the Asian Development Bank because of Pyongyang's failu

Taiwanese shipping operators have a mixed response to China's announcement last week of regulations

International Shipholding Corp. named two executives to the top management positions of its principa

Friday May 9, 1997Prevailing sellers' posted prices at the close of business, representing t

Indian industry expects conditions to improve significantly in the current fiscal year after a soggy

Germany's Hamburg-Sud, trying to cut costs and restore profitability, is moving to spin off its seaf

1275 (May 9, 1997) Previous day - 1272The Baltic International Freight Futures Market in Lon

For the week ended May 3, total piggyback freight hauled on the nation's major railroads equaled 169

Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo

Oil giant Exxon Corp. is expected to approve the construction of a major petrochemical plant in Sing

May 9, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.

DHL WORLDWIDE EXPRESSJoseph Riera has joined DHL Airways Inc. as senior vice president and c

The European Union is preparing a code of conduct to prevent tax competition between its members fro

The dollar lost 5 percent against the Japanese yen last week and could keep sliding if the Federal R

The Clinton administration is ''concerned'' about huge U.S. trade deficits with Japan and China, and

KOHL, IN HONG KONG,DISCUSSES HUMAN RIGHTSHONG KONG - Chancellor Helmut Kohl of Germany met F

The single European market is nothing like a reality, despite a raft of European Commission legislat

A bill has been introduced in the New York Legislature to make insurance companies pay legal fees in

To delay is to kill, the president of Lykes Bros. Steamship Co. said Friday in a letter urging the M

FORMOSA PLASTICS PLANSSECOND PLANT IN USTAIPEI - Taiwan's petrochemical giant Formosa Plasti

Cars CarsLoaded Loaded Change Railroad Category 1

Offers to buy* LENTILS, BEANS & PULSES. Pulses, red whole & split lentils, chick peas & gree

Friday, May 9, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.

As of April 30, 1997Parallel Market Foreign Exchange Rates are based on unofficial, non-docu

SHIPSSIZE OF NORWEGIANMERCHANT FLEET SWELLSOSLO - The size of the Norwegian-

The nation's largest proprietary container terminal, the 230-acre American President Lines terminal

The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows

CANADIAN FINDS OILOFF WESTERN AUSTRALIACALGARY - PanCanadian Petroleum Ltd. said it has made

May 9, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.7

China is proposing to build what's billed as the world's first plant to convert coal directly into c

GLOSSARY:AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule

Stung by the outsourcing of U.S. jobs and recent moves by U.S. multinationals to expand the foreign

A buzz of anticipation about the future of Hong Kong's main telecommunications company ended with a

May 9, 1997Baltic International Freight Futures Market Prev.Close High Low

UAW SEEKS TO REPRESENTFEDEX DISTRICT'S LABORDETROIT - The United Auto Workers has petitioned

The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 248.08 up 1.47 whi

U.S. Republican lawmakers last week renewed their effort to abolish the U.S. Energy Department, call

A Canadian mining company is putting $50 million down on a copper and cobalt contract that could hel

Insurance will be the focal point as Asian shipowners gather in Singapore today for the sixth time a

Waterfront employers in Southern California may complain about the cost of longshore labor, but a st