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COSCO GIVES ITSELF ROOM TO GROW IN LONG BEACH PACT
Bill Mongelluzzo |
The Long Beach Harbor Commission Monday approved a lease with China Ocean Shipping Co. that indicate
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending Oct. 30, 1996, as supplied by the bunker fuel
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Nov. 9, '95 - Nov. 4, '96 (a graph)* Ann
PRIORITIES HANG ON THE VOTE
Helen R. Macleod |
The trillion-dollar global insurance industry, heavily regulated in the United States, is bound to b
UNOCAL INCREASES BURMA FIELD NATURAL GAS RESERVES BY 60 PERCENT
Ron Corben |
Unocal Corp. is reporting a significant upward reserve revision in an offshore gas field in Myanmar,
COAL TERMINAL REPORT
JOC Staff |
November 4, 1996This table shows the vessels scheduled to call at U.S. coal terminals and th
SLIDE IN METAL PRICES CITED FOR FALL OF JOFC INDEX
Journal Of Commerce Staff |
Monday's slide in metal prices contributed to the weakest level that the Journal of Commerce's Indus
QUOTE TO NOTE
Lori Wallach, Director, ""Global Trade Watch'' Public Citizen, |
''That populist blush is sweeping over the whole Congress so that the corporatist wing is actually s
Maritime
MARINE TERMINALS REORGANIZES
Journal Of Commerce Staff |
Five months after becoming a separate entity within the Redlich family empire, Marine Terminals Corp
STB BLOCKS MOVE ON BILL OF LADING
Journal Of Commerce Staff |
The Surface Transportation Board has suspended a third attempt by the National Classification Commit
FIRST A BAD STORM, THEN AN INSULT: JEDDAH UNDER FIRE
Tom Baldwin |
Loose lips stop ships.Saudi Arabian authorities late last week fined and extracted an apolog
DOLLAR RISES AGAINST YEN ON US-IRAQ TENSIONS
Bridge News |
The U.S. dollar rose against the Japanese yen Monday after a Pentagon spokesman said a U.S. F-16 fig
PEOPLE ON THE MOVE
From Wire and Staff Reports |
NAC RE CORP.Nicholas M. Brown Jr. was named the holding company's president and chief operat
EU HAS NO IMMEDIATE PLANS TO TAKE US TO THE WTO OVER IRAN-LIBYA SANCTIONS
Michael S. Lelyveld |
Contrary to reports, the European Union has no immediate plans to haul the United States before the
DESPITE CSX TALKS, NS FORGES FULL STEAM AHEAD IN CONRAIL BID
Chris Isidore |
Norfolk Southern Corp., despite talks with competing bidder CSX Corp., said Monday it will press ahe
WEB SITE TO ASSIST TAINTED JUICE RECALL
Associated Press |
The juice company that pulled drinks possibly linked to the E. coli bacteria that sickened dozens of
MERCHANT MARINE PANEL MAY RETURN \ DEMOCRATS WOULD MAKE CHANGES WITH A WIN
Tim Sansbury |
The vaunted House Merchant Marine Committee could be back in business if Democrats regain control of
CHINA SKETCHES OUT HONG KONG RULES
Gene Linn |
China says it is determined to maintain Hong Kong's position as an international shipping center aft
2 BOGUS "AGENTS' TAKE IMMIGRANTS FOR A RIDE
WILLIAM DiBENEDETTO |
Tarviz Shamshiri doesn't quite know which was the bigger hit, the one that smashed his car or the tw
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Oct. 26, total piggyback freight hauled on the nation's major railroads equaled 1
TURKISH BUSINESS COMMUNITY ASSAILS PLAN TO CREATE MUSLIM ECONOMIC BLOC
Jonathan Ewing |
Turkish Prime Minister Necmettin Erbakan has drawn the ire of Turkish business leaders, who are call
Maritime
DUTY-ENDING DEAL SEEN NEAR FOR INFORMATION TECHNOLOGY
John Zarocostas |
The world's major trading powers are close to clinching a deal in global talks to remove all import
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
TECH TALK - ALAN ABRAMS \ ITM CORP. HOPES NEW WEB SITE REALLY "CLICKS' WITH SHIPPERS
Alan Abrams |
Point, click and ship. Most of us have heard of this phrase and of the attempts by giants like Feder
BRIEFS
From Wire and Staff Reports |
COURT RULING DUEON AIR LIBERTE SALEPARIS - A French commercial court is scheduled to rule to
COST OF CREDIT
JOC Staff |
Monday, Nov. 4, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada U
IMPORT PRICE SLOWDOWN REINS IN RATE OF INFLATION \ RESTRAINED PRICE HIKES ALSO CURB INTEREST RATES
Tom Connors |
Slower growth in import prices has been a big help in holding down inflation, allowing the Federal R
BALTIC FREIGHT INDEX
JOC Staff |
1333 (Nov. 4, 1996) Previous day - 1323The Baltic International Freight Futures Market in Lo
MYSTERIES OF THE AIR
Andrew Blum |
In 1994, USAir Flight 427 slammed into the ground near Pittsburgh at 300 miles per hour, pulverizing
RIVALS AWAIT SUBIC BAY DECISION \ PHILIPPINE PRESIDENT TO SETTLE BOXPORT ROW
P.T. Bangsberg |
The two frustrated contenders for the job of making a former U.S. naval base into a new containerpor
PROPOSED TELECOM PACT OPENS WORLD MARTS \ AGREEMENT WOULD PAVE THE WAY FOR GERMAN, FRENCH MERGERS
John Maggs |
A proposed global telecommunications trade pact could help ease the way for U.S. companies to merge
DAILY PETROLEUM PRICES
JOC Staff |
Monday Nov. 4, 1996Prevailing sellers' posted prices at the close of business, representing
FORD REDIRECTS SCRAP METAL SALES \ STEEL MILLS BECOME PREFERRED CUSTOMERS
Howard Simon |
Ford Motor Co. said it will no longer sell scrap metal onto the market, thus following the lead of G
BRIEFS
From Wire and Staff Reports |
COURT TO DETERMINEIF SUIT IS CLASS ACTIONWASHINGTON - The Supreme Court last week agreed to
BRIEFS
From Wire and Staff Reports |
CHINESE TROOPS TO ENTERHONG KONG ON JULY 1HONG KONG - Some 5,700 Chinese troops, along with
Maritime
BHUTTO PLOTS FURTHER ECONOMIC TEAM SHIFTS
N. Vasuki Rao |
With a new finance minister scoring quick success, Pakistan Prime Minister Benazir Bhutto intends to
Maritime
BRIEFS
From Wire and Staff Reports |
EASTMAN CHEMICALTO BUY ABCO ASSETSNEW YORK - Eastman Chemical Co. Friday said it entered int
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNov. 4, 1996 Brent Crude Oil - (Dollars Per Barrel)
COMP RATE-CUT SPIRAL SEEN NEARING ITS END
Ron Lent |
Many of California's 300 workers' compensation insurance companies have over the past few years been
US TAKING STEPS TO PROMOTE UKRAINE TRADE, INVESTMENT \ BINATIONAL MEETING WILL CONVENE SHORTLY
Richard Lawrence |
Ukraine, which already receives more U.S. aid than any other country except Israel and Egypt, is get
Maritime
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