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APL TO DECIDE ATLANTIC PLANS BY YEAR END
Janet Porter |
American President Lines expects to decide before the end of the year whether or not to launch a tra
US GRANTS TEXTILE CONCESSION TO PHILIPPINES
P.T. Bangsberg |
A compromise appears to be in the works to settle a row between the Philippines and the United State
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 1, 1996Baltic International Freight Futures Market Prev.Close High Low
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 241.99 up 1.48
SANCTIONS COULD DISRUPT BURUNDI COFFEE
Krf/Global News |
The decision by East African regional leaders at a summit in Arusha to impose sanctions against Buru
MEXICO TO PUBLISH LIST OF 2,100 PLOTS FREED FOR MINING \ GOVERNMENT BOOSTS AID TO INDUSTRY
Journal Of Commerce Staff |
By mid-August, Mexico will publish a list of 2,100 plots of land newly freed for mining, President E
TERRORISM HAUNTS GLOBAL BUSINESS
Arthur Gottschalk |
U.S. businesses abroad are re-examining their security needs following the recent flurry of terroris
HARBOR BOARD REPORT ANGERS TRUCK DRIVERS IN LA
Bill Mongelluzzo |
A Los Angeles Harbor Commission meeting this week that was designed to heal the wounds of embattled
COST OF CREDIT
JOC Staff |
Thursday, Aug. 1, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
DOLLAR RISES WITH STOCKS TRADERS AWAIT JOBS REPORT
Krf/Global News |
The U.S. dollar rose against major currencies Thursday, following the stock market higher.Tr
BRIEFS
From Wire and Staff Reports |
CUBA IN ITS FIRSTJOINT REAL ESTATE VENTUREHAVANA - President Fidel Castro opened Cuba's firs
Maritime
JORDAN-ALGERIA PACT FIRST STEP TOWARD SETTING UP TRADE ZONE
Krf/Global News |
Jordan and Algeria Thursday initialed an agreement envisaging the setting up a tentative one-year fr
Maritime
ROYAL NEDLLOYD, SHELL SIGN LOGISTICS PACT
Journal Of Commerce Staff |
Royal Nedlloyd Group and Royal/Dutch Shell Group have signed a three-year logistics contract.
DESPITE TERRORIST ATTACKS, US INSURERS UNLIKELY TO ALTER PROPERTY RISK POLICIES
Helen R. Macleod |
U.S. insurers may come under pressure for not explicitly excluding terrorism risks from their commer
Maritime
FEDEX WAITS OUT WEATHER FOR TAIWAN VERDICT ON HUB
Michele Kayal |
Federal Express officials are hoping government talks scheduled in Taiwan will allow them to establi
ALABAMA WELL PROJECT OPPOSED
Garry Mitchell |
At least three dozen drilling wells dot the waters around Mobile Bay within three miles of land, but
BRIEFS
From Wire and Staff Reports |
AON RISK SERVICESBUYS COLOMBIAN BROKERCHICAGO - Aon Risk Services Cos., the retail brokerage
BRIEFS
From Wire and Staff Reports |
SANTA FE ENERGY WINSCONTRACT IN GABONHOUSTON - Santa Fe Energy Resources, an independent oil
PEOPLE ON THE MOVE
From Wire and Staff Reports |
SEDGWICK JAMES INC.Cheryl Satterthwaite has joined the insurance brokerage in Philadelphia a
DISASTER BILL DIES IN SENATE
Journal Of Commerce Special |
Congressional legislation to enact a natural disaster insurance plan died this week when its author,
MULTIPLEX CO.
Maria Carlino |
J.W. Kisling thinks big.Export sales of Mr. Kisling's small firm, Multiplex Co., have more t
Maritime
BACK FROM THE BOTTOM
JOC Staff |
Photo only
NORTH KOREAN OFFICIAL PRESSES FOR INVESTMENTS \ MINISTER SAYS NATION IS MISUNDERSTOOD
Linda Chong |
A North Korean economic minister stood before a group of capitalists and tried to convince them to i
Maritime
INDIAN TELECOM AGENCY, PRIVATE FIRMS AVERT CLASH \ SIX-WEEK EXTENTION MAY YIELD RESOLUTIONS
N. Vasuki Rao |
A potential clash between the Department of Telecommunications and prospective private operators of
Maritime
BRIEFS
From Wire and Staff Reports |
JAPAN TASK FORCE AIMSTO HELP CAMBODIA, LAOSTOKYO - The Foreign Ministry's special task force
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
SPARKS FLY OVER HOME COVERAGE IN CALIFORNIA
Ron Lent |
The war of words heated up twice this week over the California homeowners insurance availability cri
CANADA EXPORTERS: BAN SHIP CONFERENCES \ OTTAWA IS SLOW TO ACT WITHOUT US COOPERATION
Aviva Freudmann |
Canadian exporters often pay higher cargo rates on goods shipped via eastern Canadian ports than the
THAI AIRWAYS PLANS PRIVATIZATION PROGRAM
Ron Corben |
The largely state-owned Thai Airways International is aiming to embark on a program of partial priva
TAX RAID ON GREEK LINE RATTLES LONDON
Janet Porter |
A raid on the British offices of a Greek shipping company by U.K. tax inspectors is sending jitters
CRIME CONTROL OR TORTURE?
Michael S. Lelyveld |
Does the United States export $100 million worth of crime control equipment a year or $1 billion?
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire and Staff Reports |
EVERGREEN SHIP RESUMESSCHEDULE AFTER ACCIDENTLONDON - The Ever Reach, an Evergreen Line cont
BALTIC FREIGHT INDEX
JOC Staff |
1062 (Aug. 1, 1996) Previous day - 1066The Baltic International Freight Futures Market in Lo
SEA LAW - PETER D. CLARK \ US MARITIME LAW CAN HAVE BROAD INTERPRETATION IN ARBITRATION PACT
Peter D. Clark |
It is not often that maritime arbitrators are called upon to interpret the meaning of ''General Mari
SPOT COMMODITIES
JOC Staff |
Aug. 1, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
BRIEFS
From Wire and Staff Reports |
AIRCONTINENTAL AIRLINESGROUNDS DC-9 JETSCLEVELAND - Continental Airlines temporarily
US, JAPAN STILL NEGOTIATING SEMICONDUCTOR AGREEMENT \ TRADE OFFICIALS FAIL TO MEET DEADLINE
Peter Tirschwell |
After working past a midnight deadline and through the night to try to reach a new semiconductor tra
TWA CRASH TAKES TOLL ON INTERNATIONAL CARGO
Gregory S. Johnson |
The fallout from TWA Flight 800 is hitting commercial freight.Most air freight moving on dir
QUOTE TO NOTE
Capt. Nicola Arena |
''We are made the scapegoat for a situation that is out of our control.''
Maritime
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