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COSCO SEEN SETTING SAIL ON ATLANTIC BY YEAR'S END
Tom Baldwin |
China Ocean Shipping Co., one of the world's largest shipping lines, is closer than ever to moving i
BRIEFS
From Wire and Staff Reports |
MEXICO INDUSTRIALPRODUCTION UP SHARPLYMEXICO CITY - Mexico's industrial production rose 12.7
Maritime
ANOTHER CALIFORNIA AGENT SUES ALLSTATE
Ron Lent |
An Allstate agent who says the company is an excellent one to work for, nevertheless has joined 277
BRIEFS
From Wire and Staff Reports |
PHILLIPS TO BUILDNEW PLASTICS FACILITYBARTLESVILLE, Okla. - Phillips Petroleum Co. will buil
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
NEW REINSURANCE PRODUCTS STILL ENIGMATIC TO INDUSTRY \ SEMINAR SAYS FEW KNOW HOW THEY WORK
Ronald Gift Mullins |
Everyone's talking about the new financial reinsurance products, but so far there's been little inte
RUSSIAN STEEL EXECUTIVES RESIST EU DEMANDS FOR CAPACITY CUTS
John Helmer |
Russian steel executives in meetings this week resisted recommendations for sizable cuts in their pl
SACKING LEBED COULD BACKFIRE ON YELTSIN
John Helmer |
Walk fast, runs the Russian adage, and you can overtake misfortune. Walk slowly, and it will overtak
Maritime
NEW JERSEY COURT LIMITS LIABILITY OF STEVEDORE
Helen R. Macleod |
St. Paul Fire & Marine Insurance Co. has won a case against A.P. Moller in the New Jersey state Supr
NAIC UNIT MOVES TO COLLECT PLEDGES
Margo D. Beller |
The National Association of Insurance Commissioners named seven members to the governing board of it
HOUSING STARTS FALL INDUSTRIAL OUTPUT UP
Tom Connors |
Economic statistics often contain conflicting signals, but all of the September manufacturing and ho
US WILL OPEN FOUR MORE TRADE CENTERS IN INDIA
Journal Of Commerce Staff |
The Commerce Department said Tuesday it plans to nearly double its commercial centers in India.<
DOLLAR RISES AGAINST MARK ON CONCERNS OVER RUSSIA
Bridge News |
The U.S. dollar rose against the Deutsche mark Thursday on concerns about the political situation in
BRIEFS
From Wire and Staff Reports |
BULK SHIPS TOP UK'S LISTOF SEPTEMBER DETAINEESLONDON - More than half the 23 ships detained
APL TERMINAL KEY TO ALLIANCE
Bill Mongelluzzo |
When it opens next May at the Port of Los Angeles, the 230-acre American President Lines container t
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 17, 1996Prev. Life of Contr. Open Open High Low
OBERSTAR SEES JOINT SEAWAY AGENCY
Tim Sansbury |
A senior Great Lakes region congressman wants to turn talk of creating a single U.S.-Canadian St. La
BASEBALL: DOMINICAN NEIGHBOR SHUTS OUT HAITI
Alan Gersten |
Fans gearing up for Saturday's start of the World Series are used to seeing Dominicans on the major
CARIBBEAN BANANA PRODUCERS ACCUSE US OF TRYING TO SQUASH THEIR ECONOMIES
Canute James |
Caribbean banana producers have accused the United States of attempting to ''destroy'' their economi
Maritime
FRANCE WILL NOT OPEN RAILS TO PRIVATE SECTOR
Bruce Barnard |
France is questioning a European Commission attempt to make Europe's rail freight monopolies more co
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Oct. 20, '95 - Oct. 17, '96 (a graph)* A
TANKER OWNERS RIP WASHINGTON STATE'S OIL SPILL RULES
William Dibenedetto |
A group of independent tanker owners hope they can undo Washington state's oil spill prevention, equ
GASOLINE PRICES
JOC Staff |
Oct. 17, 1996RESELLER RACK Unleaded Mid- Premium-Unle
DOMINICANS IN THE MAJOR LEAGUES
Journal Of Commerce Staff |
With 87 players, athletes from the Dominican Republic easily make up the largest foreign-born group
Maritime
BRIEFS
From Wire and Staff Reports |
DEREGULATION PANELEXTENDS ITS SCOPETOKYO - A subcommittee studying deregulation under the Ad
YELTSIN FIRES LEBED \ ANALYSTS FEAR SACKING OF SECURITY CHIEF MAY REIGNITE WAR
Michael S. Lelyveld |
President Boris Yeltsin's firing of Russian security chief Alexander Lebed on Thursday may restore o
"GREEN' GROUP SAYS AIRPORTS BIG POLLUTERS
Andrew Blum |
A leading environmental group claimed Thursday that the nation's airports are a major source of nois
BALTIC FREIGHT INDEX
JOC Staff |
1118 (Oct. 17, 1996) Previous day - 1095The Baltic International Freight Futures Market in L
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateCchedule RevisedRS: American Tanker Rate Schedule
COST OF CREDIT
JOC Staff |
Thursday, Oct. 17, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
INVESTMENT PERMITS DOWN 31.6 PERCENT IN TURKEY
Jonathan Ewing |
For the January to September 1996 period, foreign investment permits issued declined 31.6 percent wh
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
NAVISTAR INTERNATIONAL CORP.The board of directors elected Don DeFosset president of the tru
JAPAN'S CARMAKERS GREET HIGHER DOLLAR \ RALLY MEANS GREATER COMPETITION, EXPERT SAYS
Tim Shorrock |
The recent rebound in the value of the dollar, spurred in part by massive currency intervention by t
Maritime
BRIEFS
From Wire and Staff Reports |
AIRFEDEX TO DROP PRICESON 2ND-DAY SERVICEMEMPHIS - Federal Express Corp. said it wil
PEOPLE ON THE MOVE
JOC Staff |
AMERICAN RE-INSURANCETHOMAS E. SMITH joined the Princeton, N.J., reinsurer as senion vice pr
WEEKLY COAL EXPORTS \ WEEK OF OCT. 7 - 11, 1996
PIERS, New York |
Only table.
PORT OF SEATTLE EARMARKS BIG BUCKS FOR BOX FACILITIES
WILLIAM DiBENEDETTO |
The Port of Seattle plans to reduce its marine division's administrative costs slightly next year, w
SHIPBUILDING NATIONS NEAR FREEZE ON YARD SUBSIDIES
Bruce Barnard |
The countries that build four-fifths of the world's merchant ships are close to establishing a stand
DESPITE CUBA FLAP, US, EU MOVE AHEAD ON TRADE ISSUES \ COMMERCE OFFICIAL SEES "NO OVERSPILL' EFFECT
Richard Lawrence |
The United States and the European Union, despite a bitter dispute over Cuba, are forging ahead on o
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