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FREIGHT RATE FUTURES
JOC Staff |
Sept, 25, 1996Baltic International Freight Futures Market Prev.Close High Lo
GOING HAY-WIRE
Bill Mongelluzzo |
A rate war involving hay exports is raging in the Pacific as ship lines scramble for cargo in a soft
FRANCE RAPS US STANCE ON TRADE, UN, IRAQ
Evelyn Leopold |
France told the United States Wednesday to stop trying to regulate world trade despite allied protes
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Sept. 25, 1996Prevailing sellers' posted prices at the close of business, represen
FEFC AGAIN CONSIDERS SIMPLIFICATION OF ITS TARIFF
Janet Porter |
A proposal to simplify the highly complex matrix of freight rates that comprises the tariff of the F
SRI LANKA AIMS TO ATTRACT CARGO FROM INDIAN PORTS
N. Vasuki Rao |
The Sri Lanka Ports Authority will create a company aimed at attracting more transshipment cargo fro
FLAG FLEET, MILITARY MIGHT: A RELATIONSHIP IN FLUX
Allen R. Wastler |
Ocean shipping now is much different from the way it was 50 years ago.So is war.Little wonde
JAPAN TO DELAY SUBSIDIARIES' ENTRY INTO "THIRD SECTOR'
From Wire Reports |
Japan told the United States yesterday that it won't permit Japanese insurers' subsidiaries to enter
BRIEFS
From Wire and Staff Reports |
DOLLAR-DENOMINATED LOANPLAN EXTENDED BY IDBWASHINGTON - The Inter-American Development Bank
Maritime
ROUGH SEAS FORCE SHIP LINES TO ADAPT
Janet Porter |
Shipping cargoes from Asia to east Mediterranean destinations was never a popular option for Contshi
TRANSPORTATION CALENDAR
JOC Staff |
SEPTEMBERS.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime t
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 245.31 up 1.47 wh
GLOBAL MARKET FOR US SMALLER \ TRADITIONAL RIVALS BOUNCING BACK FAST WITH LARGER CROPS
Howard Simon |
U.S. grain exporters will be getting a smaller slice of the global pie this year as a result of incr
INDIAN OFFICIAL SEES THE ECONOMY SLOWING
N. Vasuki Rao |
After clocking up robust economic expansion of 7 percent in fiscal 1996, growth in the current year
Maritime
BRIEFS
From Wire and Staff Reports |
MGIC ASSUMES RISKON MORE POLICIESMILWAUKEE - MGIC Investment Corp. will assume the risk and
ISO VOTES TO SWITCH TO FOR-PROFIT STATUS
Margo D. Beller |
In a move to make it more attractive to the financial markets, Insurance Service Office Inc. voted W
INVENTORY, WAREHOUSING COSTS HIGH, DESPITE JUST-IN-TIME DELIVERY PRACTICES
Peter Tirschwell |
The cost of carrying inventory continues to rise in the United States despite companies' efforts to
BRIEFS
From Wire and Staff Reports |
SHIPSLACK OF FUNDS THREATENSIMO SAFETY PROGRAMLONDON - International Maritime Organi
BALTIC FREIGHT INDEX
JOC Staff |
992 (Sept. 25, 1996) Previous day - 995The Baltic International Freight Futures Market in Lo
DEEP-WATER BLOCKS IN GULF LURE BIDDERS
James Pierpoint |
Independent oil and natural gas producers are expected to take the plunge into deeper waters on Wedn
LONG-TERM GROWTH IN SALES EXPECTED \ FARM SECTOR DECLINE LED BY GRAIN, COTTON WHEAT UP DRAMATICALLY
Paul F. Conley |
The world, it would seem, is losing its appetite for U.S. farm exports. But a projected drop in agri
BRIEFS
From Wire and Staff Reports |
AID CLEARED TO KEEPCREDIT LYONNAIS AFLOATBRUSSELS - The European Commission on Wednesday cle
Maritime
AGENCY AGAIN REVALUES CUBA'S PESO AGAINST DOLLAR
Bridge News |
Cuba's government-run exchange office has revalued the peso against the dollar in the fourth such ad
Maritime
ALGERIAN, US OIL FIRMS SIGN $177 MILLION DEVELOPMENT DEAL
Reuters |
U.S. oil firms Anadarko Petroleum Corp. and Halliburton Co. Tuesday signed a $177 million accord wit
BRIEFS
From Wire and Staff Reports |
SHIP MANAGERS CALLFOR UNIFORMITYLONDON - Ship managers gathered in Cyprus for the annual mee
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 25, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
TEXAS CHEMICAL EXPORTS SLUMPED IN FIRST HALF OF '96 \ ANALYSTS ARE CONFUSED OVER WHY SALES ARE OFF
Kevin G. Hall |
When half-year trade statistics for Texas exports came out earlier this month, one of the only secto
STATE INSOLVENCY FUNDS WARY OF EMLICO ISSUE \ REINSURERS SEEK REVIEW OF BERMUDA RELOCATION
Tom Mcniff Jr. |
More than a dozen state insurance insolvency funds are staying away from major reinsurers seeking to
MEXICO LED LATIN AMERICA IN MASTERCARD FRAUD
Associated Press |
Mexico registered the highest level of MasterCard credit-card fraud in Latin America in the first si
Maritime
SOFTWARE SET TO DOMINATE CHINA-US TRADE CONFERENCE \ UNITED STATES LOOKING FOR MORE MARKET ACCESS
Richard Lawrence |
U.S. officials will press China for greater market access for U.S. computer software in high-level t
CORRECTION
JOC Staff |
A graphic on Page 1A in the Sept. 25 edition describing the Burlington Northern Santa Fe rail merger
AGENTS SEEK 11TH-HOUR VOTE
Margo D. Beller |
Insurance agents and companies are jamming congressional fax and phone lines in one last effort to g
BRIEFS
From Wire and Staff Reports |
RUSSIA, ISRAEL SAID TO BENEGOTIATING AIRCRAFT DEALTEL AVIV - Russia will soon decide on the
BRIEFS
From Wire and Staff Reports |
RETRIEVED SECTIONMAY BE FUEL-TANK CHUNKSMITHTOWN, N.Y. - Divers retrieved a large piece of w
EARNINGS
From Wire and Staff Reports |
OPERATING PROFIT UPFOR SAFMARINE IN 1ST HALFLONDON - Safmarine, South Africa's largest shipp
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 25, 1996Quotations are based on prices reported in the market or obtained from s
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeSept. 25, 1996 Brent Crude Oil - (Dollars Per Barrel)
IMF: WORLD FISCAL OUTLOOK ENCOURAGING
Richard Lawrence |
The rest of the decade should see a steadily improving global economy with growth averaging over 4 p
Maritime
US ORDERS COLONIAL TO TEST ENTIRE PIPELINE
Associated Press |
The nation's biggest petroleum pipeline is hazardous, and its owners have been ordered to test the e
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