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SEA LAW - SEAN CONNAUGHTON \ QUICK. YOUR SHIP JUST RAN AGROUND: ARE YOU TIED TO YOUR RESPONSE PLAN?
Sean Connaughton |
Imagine this - a tanker has just run aground in a terrible blizzard. In making the required notifica
BRIEFS
From Wire Reports |
ONTARIO HYDRO HIRESUS NUCLEAR EXPERTSTORONTO - Ontario Hydro has hired seven American expert
GOLD PRODUCERS ARE EXPECTED TO SUFFER DURING PRICE SLUMP
Heather Scoffield |
The world's gold producers will likely pay dearly for the steep fall in the bullion price and the de
CONRAIL-CSX MIXED BAG FOR NEW YORK
Gregory S. Johnson |
As Norfolk Southern Corp. moves to appeal last week's unfavorable court decision, Conrail Inc. conti
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,524-$1,595per
SPOT COMMODITIES
JOC Staff |
Jan. 10, 1997Included are list prices of suppliers. Quotations do not necessarily represent
PLAINS GROUP APPEALS TONGUE RIVER RULING
Journal Of Commerce Staff |
The Northern Plains Resource Council, representing a coalition of ranchers, unions and American Indi
IMPORTERS, CUSTOMS AT SEA OVER ADVISERS \ WRONG COUNSEL CAN RESULT IN HEAVY FINES
Bill Mongelluzzo |
In an earlier day, when importers needed advice to navigate the labyrinth of U.S. customs regulation
COST OF CREDIT
JOC Staff |
Friday, Jan. 10, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
CHIP INDUSTRY STAYS ON ROAD TO RECOVERY
Robin Bulman |
In another sign of recovery for the global chip industry, billings in the Americas market rose for t
GERMANY MAY STRENGTHEN INDUSTRIAL ESPIONAGE ENFORCEMENT
Robert Koenig |
The old Cold War spies may have come in from the cold now that the Berlin Wall is gone, but industri
Maritime
QUOTE TO NOTE
Katsuya Horiuchi, Marketing Director, Lindal Cedar Homes KK, |
''Japan has been saying 'Come on in. We welcome you,' while it has actually been closing the door. I
Maritime
BRIEFS
From Wire Reports |
CANADA HOPES TELECOMWILL BOOST INDIA TRADECALCUTTA - Canada hopes to boost trade with India
Maritime
DOWNTURN IN PROFIT FORECAST FOR LLOYD'S \ IN '94, '95, MARKET ENJOYED BUMPER RESULTS
Janet Porter |
Lloyd's of London underwriters could see their profit come under pressure over the next three years
MEDIATION TALKS SET IN DHL LAWSUIT
Andrew Blum |
A four-year-old lawsuit charging DHL Airways Inc. knowingly transported a dangerous chemical used as
RADIO OFFICER PROTEST DRAWS LITTLE SUPPORT
Bill Dibenedetto |
A walkout by the lone radio officer on the APL Ltd. ship President Polk on Friday appeared unsuccess
NUCLEAR WASTE RETURNING TO JAPAN
Reuters |
A 40-metric-ton load of processed nuclear waste was discreetly shipped by train overnight under heav
MARITIME BRIEFS
From Wire and Staff Reports |
XTRA INTERNATIONALGAINS ISO CERTIFICATIONSAN FRANCISCO - XTRA International, the marine cont
WASHINGTON URGED TO GET SOUTHWEST AIR TO BACK CLAIMS
Journal Of Commerce Staff |
The country's seven major airlines have asked the federal government to help get documents from Sout
INSURERS SEEK LIMITS ON BANKS \ INDUSTRY WANTS STATE, NOT FEDERAL, REGULATION
Margo D. Beller |
National banks may have won the battle over selling insurance, but the insurance industry is bent on
RUSSIAN BILLIONAIRE TOUTS INVESTMENT OPPORTUNITIES \ BEREZOVSKY ADDRESSES HARVARD SYMPOSIUM
Michael S. Lelyveld |
It was something like the Russian version of ''Mr. Smith Goes to Washington'' when the billionaire p
Maritime
SILICON VALLEY TO HEAR ADVANTAGES OF MALAYSIA'S "SUPER CORRIDOR' PLAN
P.T. Bangsberg |
Malaysia's technology-minded Prime Minister Mahathir Mohamad today will kick off a sales pitch in Si
Maritime
BRIEFS
From Wire and Staff Reports |
AIRMEXICO TO RELEASE RULESFOR AIRPORT PRIVATIZATIONSMEXICO CITY - Mexico is
BRIEFS
From Wire and Staff Reports |
30 BN COAL CARSDERAIL IN NEBRASKAPHILLIPS, Neb. - Thirty loaded Burlington Northern coal car
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 10, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 34
BRIEFS
From Wire Reports |
BEIJING STATE COMPANIESBEGIN BANKRUPTCY ACTIONSBEIJING - China's capital Beijing has begun i
Maritime
INFLATION ISN'T IN THE CARDS FOR '97, ANALYSTS SAY
Howard Simon |
For the second year in a row, the U.S. economy in 1997 will experience relatively little inflation,
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 241.71 off 0.46
BRIGHT FIELD CRASH TOO LATE TO AFFECT LIABILITY RATE SLIDE
Janet Porter |
If last month's dockside disaster in New Orleans had occurred a few weeks earlier, shipowners might
PARALLEL MARKET \ FOREIGN EXCHANGE RATES*
SOURCE: Currency Data & Intelligence Inc., New York. |
As of Dec. 31, 1996Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
CLARIFICATION
From Wire and Staff Reports |
The story headlined ''Norfolk Southern asks Marad to back its bid for Conrail'' that appeared Friday
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJan. 10, 1997 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire Reports |
CANADA BACKS INDIA'SBID TO JOIN APECCALCUTTA - Canada, set to chair a summit of the Asia-Pac
Maritime
KOREA STILL OBJECT OF GLOBAL SCRUTINY AS WORKERS GET READY TO STRIKE AGAIN
Tim Shorrock |
South Korea will remain under intense international scrutiny this week as it prepares for another th
Maritime
APPAREL MANUFACTURER FINED
Reuters |
A court Friday fined a garment manufacturer for affixing ''Made in Hong Kong'' labels to Chinese-mad
Maritime
BRIEFS
From Wire and Staff Reports |
SAFECO: $35 MILLIONIN WINTER CLAIMS LIKELYSEATTLE - Safeco Corp. said it expects approximate
CP CHIEF SAYS LYKES CAN SUCCEED
Tom Baldwin |
The president of the would-be buyer of Lykes Bros. Steamship Co. says he cannot make promises to eve
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
MEXICO GRAIN ELEVATOR ON BLOCK \ 3 GROUPS SET TO BID ON GOVERNMENT PROJECT
Lowry Mcallen |
Mexican construction giant Grupo ICA, shipping firm Transportacion Maritima Mexicana (TMM) and corn
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
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