Latest news

The global ship financing market seems calm now, but two troubling impressions have appeared on the

Eagle Insurance, a division of The Robert Plan, a U.S. auto insurer, has bought Royal Insurance's Ne

No text.

Friday, Jan. 3, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.K.

The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among

A surge in imports, more business with foreign banks and restrictive monetary policies led Asian cou

A strong economy, which implies higher interest rates, will drive the dollar higher in the weeks ahe

Partners in the Airbus consortium reached a preliminary accord Friday to restructure the European pl

''Every single major carrier is in there trying to get into the market, but getting concrete deals i

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 12, '96 - Dec. 13, '96 (a graph)* A

President Clinton's decision Friday to delay full application of U.S. economic sanctions against Cub

SHIPYARDS REOPENAFTER WEEK-LONG STRIKESEOUL - Thousands of shipyard workers returned to work

China on Friday angrily denied that its worsening pollution was a threat to the world environment an

Shoot, then shake hands.Last March China sent warships on exercises that amounted to saber r

Stymied in its attempts to forge a North American labeling standard, a business coalition plans to p

Rail consolidation may shrink the options for shippers, giving barge carriers an opportunity to pick

The BBC said Friday it chose a consortium headed by Castle Tower Corp. of Houston as the preferred b

The United Arab Emirates will this year approve the long-awaited plan to set up an official stock ma

SAUDIS WON'T GO ABROADTO FINANCE BUDGET DEFICITRIYADH, Saudi Arabia - Saudi Arabia will not

Thousands of miles from Detroit in the snowy wastes of a dilapidated industrial park, U.S. cars are

Courtly Capt. Gunther Petersen is at ease with the big, new containership, the 6,000-TEU Margrethe M

Cargo owners are next in the line of fire as the European Union steps up its fight against substanda

Indian trade and industry organizations are renewing their call for greater government coordination

AMERICANASSOCIATIONOF PORT AUTHORITIESKURT NAGLEPresidentPorts throu

Vietnam has revoked the license of the largest single U.S. investment, a $250 million tourist resort

Trade and diplomatic journals concerned with Latin America are bursting with a previously little use

Despite reaching what appeared to be promising air cargo agreements during the last two years, the p

ABF FREIGHTSYSTEM INC.DAVID E. STUBBLEFIELDPresident, chief executive

Like the airlines, railroads and truckers before it, the maritime industry is reluctantly being drag

ASSOCIATIONOF AMERICANRAILROADSEDWIN L. HARPERPresident, chief executive

BOOZ-ALLEN& HAMILTONLEO J. DONOVANVice presidentThe year just ended was one

CANADIAN NATIONALRAILWAYPAUL M. TELLIERPresident,chief executive

CONTAINERPORTGROUP INC.RICHARD C. COLEMANPresident1996 marked our 25th year

ECUADORIAN LINEJOHN F. MYLOTTVice presidentWith mergers, acquisitions, confe

PORTS OF AUCKLANDGEOFF VAZEYChief executiveNew Zealand is distant from many

MOACJOAN WILSONPresident,chief operating officerOvercapacity continu

FESCO AGENCIESROBERT GUINANPresidentStrong market conditions are providing g

LYKES BROS.STEAMSHIP CO.JOE B. FREEMANChairman, chief executive1997

NYK LINE (NORTHAMERICA) INC.KEITARO KANAMORIPresidentAlthough the U.

PORT OF LONG BEACHS.R. DILLENBECKExecutive directorDespite a softening of th