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ADB BECOMES 1ST OVERSEAS INVESTOR IN THE EVERBRIGHT BANK OF CHINA
Bridge News |
The Asian Development Bank has become the first international financial organization to hold interes
Maritime
TEXTILE PACT PROGRESS CITED
Reuters |
China and the United States are making progress in talks to extend a bilateral textile accord and re
Maritime
BRIEFS
From Wire and Staff Reports |
AIRCHINA SETS $1.4 BILLIONFOR AVIATION PROJECTSHONG KONG - China will invest
FLOATING LAB TO STUDY FILTRATION OF BALLAST
Associated Press |
It's too late to keep intruders such as the zebra mussel and round goby out of the Great Lakes. But
SEA-LAND PUSHES LOGISTICS GROWTH IN CHINA MARKET
P.T. Bangsberg |
Sea-Land Service Inc., having set some records for business in Hong Kong, is forging closer ties wit
INTERNETWEB SITES
JAM Research |
Here is a selected listing of Internet Web sites of government agencies, industrial and labor organi
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
EU AND US NEAR A DEAL ON STANDARDS CERTIFICATION
Richard Lawrence |
The United States and the 15-nation European Union hope this week to conclude agreements that could
CONRAIL, NS, CSX TO MEET ON FRIDAY
Rip Watson |
Executives from Norfolk Southern, Conrail and CSX Corp. will meet Friday in Washington to seek a neg
DOT OFFICIAL: VALUJET CRASH WILL AFFECT THE REGULATION OF DANGEROUS AIR CARGO
Andrew Blum |
The shipment of dangerous goods by air is relatively safe, but the ValuJet crash will continue to af
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 29, 1997Quotations are based on prices reported in the market or obtained from su
IRS GRANTS FARMERS REPRIEVE ON TAX RULE
Philip Brasher |
Farmers hung on to a big tax break as the Internal Revenue Service agreed this week to delay enforci
14-COUNTRY TRADE INITIATIVE OKS PROJECTS
Journal Of Commerce Special |
Ministers and senior officials from 14 countries, including the United States, agreed Wednesday to l
Maritime
BRIEFS
From Wire and Staff Reports |
CANADA'S CHAN URGESMORE TRADE LIBERALIZATIONOTTAWA - Canada's Secretary of State for Asia-Pa
Maritime
LEADERS WRANGLE OVER CIVIL LIBERTIES
Reuters |
Hong Kong's Governor Chris Patten and its future chief executive went head to head recently over pro
BROAD US INTERESTS FOCUS INTENTLY ON CHANGEOVER
William Roberts |
After more than 150 years of British colonial rule, Hong Kong will revert to Beijing's control in fi
PORT OF CHARLESTON ASPIRES TO GREATER CARGO GROWTH IN '97
Tim Sansbury |
The Port of Charleston, S.C., said it expects to top the 6 percent cargo increase it achieved in 199
COAL OUTPUT SETS RECORD \ TONNAGE FOR '96 PUT AT 1.07 BILLION TONS
Arthur Gottschalk |
Last year was a good one for U.S. coal production, and that positive trend is expected to continue f
BRIEFS
From Wire Reports |
TOTAL OPEN TO DEALSON REFINERY CAPACITYPARIS - French oil and energy group Total's French re
SPOT PRODUCT PRICES
JOC Staff |
Jan. 29, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
DOLLAR FLIES OVER YEN BUT DROPS AGAINST MARK
Bridge News |
The U.S. dollar was mixed in choppy trading Wednesday, but surged to another near-4-year high above
NEW AIRPORT WAITING IN THE WINGS \ $20 BILLION FACILITY FORMALLY OPENS IN '98
P.T. Bangsberg |
It will be the middle of the night, and only an executive-type jet, but Hong Kong's new airport will
INDIAN AVIATION PLAN DISMISSED AS FLAWED
N. Vasuki Rao |
The long-awaited aviation policy unveiled late last week was dismissed by analysts as lacking in vis
NEW YORK COULD GET NEW TERMINAL \ STUDY WILL DETERMINE FEASIBILITY OF THE MOVE
Gregory S. Johnson |
A study is under way on the feasibility of building an intermodal terminal on Staten Island, N.Y., a
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGAirports Council International - North America. Various events throughout year. Conta
BRIEFS
From Wire and Staff Reports |
SINGAPORE SEIZES CANNABISWORTH $21 MILLIONSINGAPORE - Singapore authorities said Tuesday the
FREIGHT RATE FUTURES
JOC Staff |
Jan. 29, 1997Baltic International Freight Futures Market Prev.Close High Low
JOINT CANADIAN-CHINESE VENTURE PLANS $100 MILLION OIL TECHNOLOGY UPGRADE
Associated Press |
Hong Kong-owned Husky Oil Ltd. of Calgary is preparing to pump $100 million and Canadian technology
CATCHER IN THE RYE GRASS: CANADA MULLS ACTION ON INFECTIOUS IMPORTS
Bridge News |
Canada will make a decision ''within the next day or two'' on how to handle imports of U.S.-grown ry
PLUNGING APL EARNINGS REFLECT BATTLE SCARS FROM PACIFIC RATE WAR
Peter Tirschwell |
APL Ltd., the second-largest U.S.-ship line, reported fourth-quarter and full-year 1996 earnings thi
SANCTIONS AGAINST IRAN ARE WORKING, D'AMATO SAYS \ SENATOR CITES EFFECTS ON FOREIGN INVESTMENT
Michael S. Lelyveld |
Citing statements by both Western and Iranian oil officials, Sen. Alfonse D'Amato claimed success fo
CORRUPTION CARRIES HEAVY PRICE IN VIETNAM
Ron Corben |
Vietnam's government is making clear to officials they could face a firing squad if found guilty of
Maritime
WEST, GULF PORTS EXPANDING CAPACITY \ $300 MILLION IN NEW FACILITIES ON TAP FOR '97
Josh Martin |
Ports on the West and Gulf coasts will be completing more than $300 million in new terminalfacilitie
BRIEFS
From Wire and Staff Reports |
AIG, AETNA TO ENTERMEXICAN PENSION MARKETNEW YORK - American International Group and a unit
MAERSK LOOKING FOR OPPORTUNITIES IN SOUTH AFRICA
Tom Baldwin |
Maersk Inc. is tapping into extensive modern road and rail links spreading across once war-weary sou
NEW TRUCK WILL SOON HIT THE ROAD IN RUSSIA \ ALL-TERRAIN, COLD-WEATHER NICHES ARE TARGET MARKETS
Journal Of Commerce Special |
The 2-year-old joint venture involving Iveco, the Fiat affiliate, Gazprom, Russia's powerful gas mon
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 29, 1997Prevailing sellers' posted prices at the close of business, represent
PARISE STEPS DOWN AFTER CONVICTION
Tim Shorrock |
Louis Parise, president of the National Maritime Union, has resigned from office and severed all con
BRIEFS
From Wire and Staff Reports |
INDONESIA 'NATIONAL CAR'SOON WILL BE MADE THEREJAKARTA, Indonesia - After blowing previous d
Maritime
TELECOMMUNICATIONS DEPARTMENT IN INDIA TURNS DOWN 2 PRIVATE BIDS
N. Vasuki Rao |
Liberalization of India's telecommunication market took a hit this week when the Department of Telec
Maritime
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