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SPOT COMMODITIES
JOC Staff |
June 19, 1996Included are list prices of suppliers. Quotations do not necessarily represent
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 19, 1996Quotations are based on prices reported in the market or obtained from su
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 19, 1996 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire and Staff Reports |
BRITAIN'S PRUDENTIALINCREASES STAKE IN 3ILONDON - British life insurer Prudential Corp. incr
JUDGE: COMMISSIONER EXCEEDED AUTHORITY
Ron Lent |
California Insurance Commissioner Chuck Quackenbush suffered a setback recently when a San Francisco
LOUISIANA GOVERNOR TAKES AIM AT STATE FARM RATE HIKE
Associated Press |
The Louisiana governor fired most of the members of a commission for approving a $26 million auto ra
COMPTROLLER TO ISSUE INSURANCE GUIDELINES
Margo D. Beller |
The Office of the Comptroller of the Currency will issue advisory guidelines for national banks sell
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday June 19, 1996Prevailing sellers' posted prices at the close of business, represent
BRIEFS
From Wire and Staff Reports |
TRUCKSNAVISTAR TO CUT 3,000IN FACTORY REVAMPCHICAGO - Navistar International
COLOMBIA TO SELL ONE-THIRD OF ITS POWER PLANTS IN 1996
Knight-Ridder Financial |
Colombia will privatize one-third of its power plants before the end of the year, Colombia's Ministe
SENATE BILL OFFERS AUTO POLICY ALTERNATIVE
Margo D. Beller |
A bill allowing drivers an alternative to traditional auto insurance has been introduced in the U.S.
CRUDE OIL INVENTORIES FELL LAST WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories fell by 2.4 million barrels during the week ended June 14, compared with
BRIEFS
From Wire and Staff Reports |
SUMITOMO SCRAPPINGPLAN TO BUY BACK SHARESTOKYO - Sumitomo Corp. said Wednesday it was scrapp
5RIEFS
From Wire and Staff Reports |
SHIPBUILDERS URGEDTO PROVIDE GUARANTEESGOTHENBURG, Sweden - Shipyards should be made to prov
FREEPORT-MCMORAN'S MOFFETT TACKLES CRITICS \ ENVIRONMENTALISTS SLAM MINING PRACTICES
Alan Gersten |
For two days this spring, 6-foot-3, 215-pound James R. Moffett negotiated with Ruth R. Harkin - who
TRANSPORTATION CALENDAR
JOC Staff |
JUNES.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime traged
BRAVE NEW WORLD OF BOXSHIPS \ CONTAINERSHIPS CONTINUE TO EVOLVE IN THE 40 YEARS SINCE THEIR DEBUT
Erich E. Toll |
In 1956 the Ideal X, a converted World War II tanker, inaugurated the era of containerization when i
EUROPE TO ASIA: A FRAGMENTED LANE \ CARGO IS UP BUT RATES ARE STILL DOWN IN THE DUMPS
Janet Porter |
Shipping lines struggling to make money in the Europe/Asia trades are hoping the summer will bring s
COVERAGE DENIED: WORKERS COMPENSATION CLAIMS SOMETIMES CLASH WITH ACTS OF GOD
HELEN R. MacLEOD |
Workers compensation insurance doesn't necessarily cover every eventuality at work, as Internet fans
TT CLUB PLAYS A VITAL ROLE IN COUNTERING CONTAINER THEFT
HELEN R. MacLEOD |
One of the revolutionary advantages of containerization, as far as insurance companies were concerne
SHIPPERS' MARKET ONLY GETTING BETTER \ EASTBOUND RATES STABLE, WESTBOUND MAY DROP FURTHER
Erich E. Toll |
It's a great time to be an exporter or importer in the U.S.-Mediterranean trade.Shipping rat
TRANSPORT TIE-UPS EASING IN BRAZIL \ INTERMODAL LINKS AID CARGO MOVEMENT
Michael Fabey |
A line of trucks carrying containers snaked toward Sao Paulo like a boa constrictor, choking traffic
SOME SEE GROWTH IN CARGO CONTINUING \ MORE CAN BE LESS ON THE BOTTOM LINE
Michael Fabey |
Last year, a rush of U.S. export containers to the East Coast of South America swamped shipping line
EU PANEL FIRM ON CONTAINER BAN
Bruce Barnard |
The giant containerships calling at the world's biggest port are carrying something that will be out
BOEING, MICROSOFT EYE SALES IN WAKE OF CHINA PIRACY PACT
WILLIAM DiBENEDETTO |
The new copyright piracy agreement between the United States and China has two huge Northwest compan
Maritime
FILING DEADLINE NEARS IN HARBOR TAX LAWSUIT \ SHIPPERS CONFIDENT THAT FEE IS ILLEGAL
Gregory S. Johnson |
The clock is ticking on the U.S. government to file its briefs in the Harbor Maintenance Fee case no
SHIP SUBSIDY BILL SLEEPS IN SENATE \ LAWMAKERS STRUGGLE WITH HOUSE ACTION
Stephanie Nall |
Despite a missed June 15 deadline for the United States to implement an international shipbuilding a
BRIEFS
From Wire and Staff Reports |
JAPAN, SOUTH KOREADISCUSS AIR RIGHTSTOKYO - Japan and South Korea said this week they will r
LEADERS AT SUMMIT TO MAP STRATEGY ADDRESSING "DISMAL' EU JOB SITUATION
Bruce Barnard |
European leaders will consider launching a supply-side revolution Friday in a collective bid to tack
Maritime
US LOSES GAS STANDARDS CASE, AGREES TO COMPLY WITH RULING
Reuters |
The United States will comply with a ruling by the World Trade Organization, which found U.S. gasoli
Maritime
SPILL RESPONSE COMPANY LOSES CORNER ON MARKET
Alan Abrams |
It wasn't supposed to happen like this. When Marine Spill Response Corp. was formed in the wake of t
RESINS FOR PLASTICS: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
OFFICIAL PREDICTS US SANCTION LAW WILL DAMAGE CUBAN ECONOMY
Journal Of Commerce Staff |
A law stepping up U.S. economic sanctions against Cuba will have an increasingly ''chilling effect''
Maritime
BRIEFS
From Wire and Staff Reports |
EU OFFICIALS ASSAILUS ANTI-CUBA LAWSBRUSSELS - The European Union made its strongest stateme
Maritime
HOUSE APPROVES SANCTIONS ON IRAN, LIBYA INVESTMENTS
Reuters |
The House on Wednesday unanimously approved a bill to punish foreign companies that invest in oil an
Maritime
BRIEFS
From Wire and Staff Reports |
CONGRESSIONAL PANELSTO DISCUSS VALUJET WASHINGTON - Two congressional panels scheduled heari
BALTIC FREIGHT INDEX
JOC Staff |
1249 (June 19, 1996) Previous day - 1258The Baltic International Freight Futures Market in L
FREIGHT RATE FUTURES
JOC Staff |
June 19, 1996Baltic International Freight Futures Market Prev.Close High
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
MEXICO'S EARLY PAYBACK TO US COULD HAVE POLITICAL UNDERTONES
Kevin G. Hall |
Mexico's surprise announcement that it would quickly repay another $4.7 billion of last year's U.S.
Maritime
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