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CHARTER RATES SLIDE FOR BOX FEEDERSHIPS
Janet Porter |
Charter rates for containerships deployed in feeder trades fell sharply during the summer, with even
BRIEFS
From Wire and Staff Reports |
SENIOR VICE PRESIDENTSTEPS DOWN AT FEDEXMEMPHIS - Federal Express Corp. Tuesday announced th
TURKISH-FLAG SHIPS HEAD LIST OF DETAINED VESSELS
Janet Porter |
When safety inspectors boarded the bulk carrier Cathy last August, they uncovered a catalog of defic
TELECOM MERGER: OVERCOMING LONG-DISTANCE HANG-UPS
Arthur Gottschalk |
The global village drew closer this week following the announced $20.8 billion merger plan of two in
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGS.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime tra
RUBBING SHOULDERS WITH THE BIG GUYS \ THIS TINY ISLAND RANKS 14TH IN TRADE
All stories in this report were written by Marcus Hand, a |
Despite its small size, Singapore ranks 14th among world trading nations.Figures from the Tr
LABOR UNIONS OPPOSE APEC CONFERENCE
Oliver Teves |
A nationwide coalition of labor unions Wednesday accused the 18-nation Asia Pacific Economic Coopera
Maritime
GREENPEACE CAMPAIGNS AGAINST "ALTERED' SOYBEANS \ US AND EU OFFICIALS INSIST CROP IS SAFE
Robert Koenig |
When the ship Ideal Progress arrived in Hamburg harbor late Tuesday carrying a shipment of U.S. soyb
Maritime
ANALYSTS: USAIR'S AIRBUS ORDER WAS "LONG SHOT'
WILLIAM DiBENEDETTO |
A pending huge order from USAir Group for about 120 small passenger jets made by Airbus Industrie co
Maritime
BRIEFS
From Wire and Staff Reports |
UNION, FORD CANADAREACH TENTATIVE PACTTORONTO - Ford Canada and the Canadian Auto Workers re
Maritime
OPENNESS SEEN KEY TO SUCCESS \ UNLIKE NEIGHBORS, SINGAPORE WELCOMES MULTINATIONAL TRADE
All stories in this report were written by Marcus Hand, a |
This country's economic success over the 30 years since independence is something of a puzzle.
GOP IN THE (LAST-MINUTE) MONEY
William Roberts |
A flood of political money poured into the tightest House and Senate races in the closing days of th
Maritime
UP CHIEF STEPS DOWN SUDDENLY FORMER SP PRESIDENT BROUGHT IN
Rip Watson |
Ronald J. Burns, Union Pacific Railroad's president and chief executive, resigned suddenly Wednesday
BRIEFS
From Wire Reports |
TURKEY: MEMBERSHIPIN EU A MATTER OF TIMEBONN - Turkish President Suleyman Demirel said Wedne
Maritime
BRIEFS
From Wire and Staff Reports |
BRAZILIAN INDIANS ENDBLOCKADE OF TIN MINESAO PAULO - A tribe of Brazilian Indians lifted its
BONN TO SOFTEN TAX CHANGES AS CONCESSION TO SHIPYARDS
Robert Koenig |
German tax breaks that have fueled a worldwide boom in the construction of containerships are on the
BALTIC FREIGHT INDEX
JOC Staff |
1393 (Nov. 6, 1996) Previous day - 1358The Baltic International Freight Futures Market in Lo
NOL BATTLING THE ODDS \ SHIP LINE WEIGHING LONG-TERM STRATEGY
All stories in this report were written by Marcus Hand, a |
The maritime sector is grappling with the same problems that face the industry worldwide - falling r
LLOYD'S FORGETTING FINANCIAL LESSONS, CENTRAL FUND AT RISK, AGENCY WARNS
Helen R. Macleod |
Lloyd's of London is putting its central fund in danger and failing to heed the lessons taught by it
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
JAPAN, CHINA SIGN TEXTILE AGREEMENT
Associated Press |
Japan and China agreed Wednesday on steps to check soaring Chinese cotton textile exports to Japan,
Maritime
RUSSIAN MINISTER TAKES REINS OF MURDER PROBE
Associated Press |
Russian Interior Minister Anatoly Kulikov said Wednesday he is personally supervising the investigat
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 6, 1996Baltic International Freight Futures Market Prev.Close High Low
EU URGING GLOBAL FORUM FOR AVIATION
John Zarocostas |
The European Union is calling for the aviation industry to prepare to be included in the global Gene
INTERMODAL PICKUP SIGNALS PEAK SEASON
Rip Watson |
After a ho-hum fall shipping season in 1995, this year's peak freight period is turning out to be st
BRIEFS
From Wire and Staff Reports |
SHIPSSEAMEN'S SERVICE HONORSYOKOHAMA, MAYORNEW YORK - United Seamen's Service will g
NEW JERSEY DREDGE VOTE IS VICTORY FOR PORT
Journal Of Commerce Staff |
In a stunning victory for boosters of the Port of New York and New Jersey, voters in New Jersey Tues
SHIPOWNERS WANT LONGER-TERM POLICIES
Janet Porter |
Shipowners are seeking marine insurance policies that extend for more than the traditional 12 months
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNov. 6, 1996 Brent Crude Oil - (Dollars Per Barrel)
API WEEKLY REPORT \ CRUDE OIL STOCKS SEE SHARP RISE AMID FALL IN REFINED PRODUCT
Journal Of Commerce Staff |
U.S. inventories of crude petroleum rose 9.3 million barrels in the week ended Nov. 1, compared with
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Nov. 6, 1996Prevailing sellers' posted prices at the close of business, representi
SPOT PRODUCT PRICES
JOC Staff |
Nov. 6, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
STEELMAKERS FILE DUMPING COMPLAINTS
Associated Press |
Geneva Steel, in concert with Gulf States Steel, has filed anti-dumping petitions with the Departmen
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Nov. 6, 1996Prev. Life of Contr. Open Open High Low
DIVERGENT BUSINESS ASSOCIATIONS ARGUE TURKEY'S ECONOMIC DIRECTION
Jonathan Ewing |
The debate currently under way in Turkey - over whether to follow the Islam-oriented policies advoca
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
EARNINGS
From Wire and Staff Reports |
WORLD AIRLINES POSTRECORD PROFIT IN 1995GENEVA - The world airline industry posted a record
NOW THE CHANGES REALLY BEGIN
Stephanie Nall |
President Clinton will still be in the White House and the GOP will still be on top of Capitol Hill,
ALL MODES OF TRANSPORT SEEK WAYS TO RECOUP COSTS AS FUEL PRICES HEAT UP
Journal Of Commerce Staff |
Whether it rolls, flies or sails, cargo is becoming more expensive to move.Fuel prices have
BRIEFS
From Wire and Staff Reports |
INDIA HIKES PRICEOF JET FUEL BY 1 PERCENTBOMBAY - Indian state-run crude oil refiners Wednes
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