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BRIEFS
From Wire and Staff Reports |
SPECIAL FLIGHTS TO MARKA SWISSAIR ANNIVERSARYNEW YORK - Swissair will celebrate 50 years of
HUTCHISON TAKES OVER 2 PORTS
P.T. Bangsberg |
After some lengthy delays, Hong Kong's largest operator of container terminals has formally taken ov
CALIFORNIA INSURERS MAY SEE CLAIMS STEMMING FROM BOTCHED BANK ROBBERY
Ron Lent |
Giant insurer State Farm and other insurance companies could be hit by a fusillade of claims arising
PEOPLE ON THE MOVE
From Wire and Staff Reports |
EMERY WORLDWIDEEmery Worldwide named Michael Massie to the newly created position of directo
NEW YORK PORT SELLS TERMINAL IN BROOKLYN FOR $3.5 MILLION
Journal Of Commerce Staff |
The Port Authority of New York & New Jersey this week said it sold the Columbia Street Grain Termina
US AGENCY TO FINANCE FEASIBILITY STUDY OF COTE D'IVOIRE OIL REFINERY EXPANSION
Bridge News |
The U.S. Agency for International Development has given a $3 million grant to Cote d'Ivoire's former
SHIP HAULING NUCLEAR WASTE EXPECTED IN JAPAN MARCH 18, GREENPEACE SAYS
Reuters |
A ship carrying nuclear waste from France to Japan is expected to arrive soon, an environmental grou
POLITICAL INSTABILITY FEARED \ KOREAN FIRMS SEE WORSENING CLIMATE IN HONG KONG
P.T. Bangsberg |
Some of the first signs of concern over Hong Kong's reversion to Chinese control appear to be coming
Maritime
GERMANY'S RISE IN JOBLESSNESS POSING THREAT TO THE EURO
Bruce Barnard |
European Union leaders will face more pressure today to postpone the launch of a single currency whe
IMPORTS BOOST SHARE OF US AUTO MARKET
Associated Press |
Japanese and European automakers' strong U.S. sales in February, the second consecutive month, came
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, March 5, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
FREIGHT FORWARDER REGISTRY STUDIED \ SOME SEE DOT PLAN AS A STEP BACKWARD TOWARD REREGULATION
Gregory S. Johnson |
In what is being described as reregulation, domestic freight forwarders may be required to register
BRIEFS
From Wire and Staff Reports |
FLIGHT ATTENDANTS UNIONBACKS CHILD-RESTRAINT BILLWASHINGTON - The Association of Flight Atte
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Mar. 5, 1997Prevailing sellers' posted prices at the close of business, representi
US ENERGY POLICY: NO CRISIS, JUST A FOOTNOTE
Walter R. Mears |
No crisis, no issue, so U.S. dependence on imported oil has been increasing with scant notice, risin
BRIEFS
From Wire and Staff Reports |
PROTESTERS FAIL TO STOPGERMAN NUCLEAR CONVOYGORLEBEN, Germany - A bitterly opposed convoy of
LATIN AND CARIBBEAN COUNTRIES TAKE SOLID STEPS TOWARD HEMISPHERE ACCORD
Kevin G. Hall |
Latin and Caribbean nations have still not settled on a negotiating framework, but they have taken s
Maritime
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGAirports Council International North America. Various events throughout year. Contact
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 5, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 30.
SPOT PRODUCT PRICES
JOC Staff |
Mar. 5, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
BRIEFS
From Wire and Staff Reports |
HONG KONG, MYANMARSIGN AIR PACTHONG KONG - The Hong Kong government said it signed an air se
BRIEFS
From Wire and Staff Reports |
HUTCHISON SET TO OFFERDEREGULATION PROPOSALWASHINGTON - Sen. Kay Bailey Hutchison, R-Texas,
LA POWER UTILITY STRUGGLES TO ENTER THE MARKETPLACE \ POLITICS SLOWS EFFORT TO BECOME COMPETITIVE
Arthur Gottschalk |
An attempt by the largest municipally owned power company in the United States to prepare for compet
BRIEFS
From Wire and Staff Reports |
SWISS CHIEF PROPOSESHUMANITARIAN FUNDZURICH - Swiss President Arnold Koller proposed Wednesd
Maritime
BRIEFS
From Wire and Staff Reports |
THAI CENTRAL BANKOFFICIALS SUSPENDEDBANGKOK - Three Bank of Thailand officials, including De
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 5, 1997Quotations are based on prices reported in the market or obtained from sup
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 4, 1997Prev. Life of Contr. OpenOpen High Lo
SIGNS HINT ANERA RATES TO STABILIZE
Peter Tirschwell |
Shipping lines that carry toys, footwear and other imports from Asia will decide next week how much
RAIL SHIPPERS ALIGN TO PRESS FOR COMPETITION
Rip Watson |
Cost-conscious rail shippers have formally organized the Alliance for Rail Competition to press for
SCIENTIST SEEKS NATURAL CURE TO PRY BARNACLES FROM SHIPS
Associated Press |
Scientists are focusing on the barnacles' senses of smell, sound and touch while looking for ways to
API WEEKLY REPORT \ US CRUDE OIL INVENTORIES FELL SHARPLY IN LATEST WEEK
Journal Of Commerce Staff |
U.S. inventories of crude oil declined by 7.6 million barrels in the week ended Feb. 28, compared wi
FREIGHT RATE FUTURES
JOC Staff |
Mar. 5, 1997Baltic International Freight Futures Market Prev.Close High Low
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BRIEFS
From Wire and Staff Reports |
PEUGEOT WORKERS VOTETO STRIKE BRITISH PLANTLONDON - Autoworkers voted Wednesday in favor of
Maritime
IRAN, TURKEY READY TO BUILD GAS PIPELINE
Michael S. Lelyveld |
Despite U.S. efforts to head it off, Iran has started tenders and equipment orders for a gas pipelin
DOLLAR DROPS FOLLOWING TREASURY COMMENTS
Bridge News |
The U.S. dollar declined on profit-taking Wednesday after failing to push convincingly above 122.30
AIRBUS EAGER TO SELL MORE PLANES TO CHINA
Journal Of Commerce Staff |
China is poised to buy up to 100 Airbus passenger jets, signaling a long-awaited breakthrough for th
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, March 1, 1996 - Feb. 28, 1997 (a graph)*
BRIEFS
From Wire Reports |
EGYPT BEGINS SELL-OFFOF STATE-OWNED RICE MILLSCAIRO - Egypt has put a large state-owned rice
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 245.82 up 2.25 wh
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