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BRIEFS
From Wire and Staff Reports |
SHIPS'K' LINE REPORTSBIG PROFIT INCREASELONDON - The Japanese shipping group Kawasak
ALLIANCE WAITING TO BUY SP
Peter Tirschwell |
Montana Rail Link, the regional railroad that is offering to acquire one of Southern Pacific Lines's
BRIEFS
From Wire and Staff Reports |
HONG KONG, CHINA JOINSEARCH-RESCUE EFFORTSHONG KONG - The Hong Kong Marine Department said i
FOR LEVI, PROTECTING IMAGE IS IN THE JEANS
Bill Mongelluzzo |
To Levi Strauss & Co., being a good corporate citizen is a big deal.Whether it is operating
BALTIC FREIGHT INDEX
JOC Staff |
1395 (May 22, 1996) Previous day - 1401The Baltic International Freight Futures Market in Lo
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 22, 1996 Brent Crude Oil - (Dollars Per Barrel)
DOLLAR STRUGGLES MOST OF DAY BEFORE STAGING A SMALL RALLY
Knight-Ridder Financial |
The U.S. dollar struggled for most of the Wednesday before rebounding late in the day as a strong mo
EUROPEAN AIRLINES' ATTEMPTS TO BLOCK HANDOUT TO AIR FRANCE APPEAR DOOMED
Bruce Barnard |
A bid by European airlines to block a $1 billion state handout to Air France appears doomed, paving
PROPERTY INSURANCE CRUNCH IN FLORIDA MAY BE NEARING AN END
Robert G. Knowles |
A dramatic decrease in April in the number of new applications for property insurance received by a
MARITIME ADMINISTRATOR, MATSON CHIEF SHARE AWARD
Journal Of Commerce Staff |
The 1996 Admiral of the Ocean Sea Award will be presented by the United Seaman's Service to Vice Adm
AUTO INSURERS ARE PAYING THE COST
Kevin G. Hall |
An explosion of auto theft in Mexico has insurance companies scrambling to raise premiums, limit cov
COAST GUARD RANKS SHIP SOCIETIES ON THE BASIS OF THEIR RELIABILITY
Tim Sansbury |
The American Bureau of Shipping, Lloyd's Register, Det Norske Veritas and Nippon Kaiji Kokai are the
FINANCING TRADE - GORDON PLATT \ COUNTERTRADE GROWS IN POPULARITY WITH GLOBAL ARMS MERCHANTS
Gordon Platt |
Countertrade includes:* Barter, or the exchange of goods for goods. * Counterpurchase deals
Maritime
MITSUBISHI: HARASSMENT SUIT HAS HAD LITTLE IMPACT ON SALES
Reuters |
A big sexual harassment suit against the U.S. subsidiary of Mitsubishi Motors Corp. does not appear
Maritime
HONG KONG SET TO CHANGE ORIGIN RULES ON GARMENTS
P.T. Bangsberg |
Hong Kong is changing some definitions covering garment manufacture to make it easier for the colony
Maritime
ROUND OF PACTS TO TAKE EFFECT IN JUNE
Rip Watson |
June 1 is shaping up as the implementation date for contract agreements covering approximately one-t
TRANSPORTATION CALENDAR
JOC Staff |
S.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime tragedies. Seamen'
BARGE SPILLS DIESEL FUEL IN LOUISIANA ACCIDENT
Associated Press |
A barge crashed into a bulkhead Monday, tore up a fuel compartment and spilled about 11,000 gallons
GASOLINE PRICES
JOC Staff |
May 22, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
CHILEAN OFFICIAL DOUBTS LABOR BACKLASH ON PACT
Kevin G. Hall |
A new minimum wage pact adding $150 per month takes effect in Chile this week without the consent of
Maritime
APEC MEMBERS DRAW UP ACTION PLANS TO REMOVE TRADE, INVESTMENT BARRIERS
Rita Raagas |
All 18 members of the Asia-Pacific Economic Cooperation forum submitted action plans Wednesday inten
Maritime
CHICAGO MERC WANTS TO LIST TAIWAN INDEX
Journal Of Commerce Staff |
The Chicago Mercantile Exchange has sought regulatory approval to trade futures and futures options
Maritime
BRIEFS
From Wire and Staff Reports |
NEDLLOYD LINES POSTSLOSS IN FIRST QUARTERLONDON - Nedlloyd Lines recorded a loss of 14 milli
CHINA SLOWLY OPENING DOOR TO FOREIGN INSURANCE FIRMS
P.T. Bangsberg |
As China opens the door to its virtually untapped insurance market a crack further, several U.S. and
FORGED LETTER ADDS TO LLOYD'S INTRIGUE
HELEN R. MacLEOD |
No clues were forthcoming Wednesday in the investigation concerning forged letters sent to about 100
GROUP USES SHIP TO DELIVER FOOD TO NEEDY, RECOUP COSTS ON RETURN
Paul F. Conley |
People starve.That's a fact, a brutal truth.Lots of folks try to help. But food is expensive
SPOT COMMODITIES
JOC Staff |
May 22, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 22, 1996Prev. Life of Contr. Open Open High Low
COURTS HELD LIKELY TO SETTLE GRAIN RIFTS
Tom Seery |
Federal regulations cannot address the growing number of disputes between farmers and grain elevator
OECD WARNS AGAINST RELAXATION OF AGRICULTURE TRADE REFORMS
Christine Benischke |
Farm trade reforms should not be relaxed because of soaring commodity prices, the Organization for E
US PROTESTS DUTY HIKES ON HIGH-TECH EQUIPMENT
John Zarocostas |
The United States complained to the World Trade Organization Wednesday that European Union members I
Maritime
RUSSIA PROMISES TO KEEP FOOD MARKET OPEN TO US
Richard Lawrence |
Russia has pledged to keep its poultry and food products market open to U.S. suppliers, and further
Maritime
US AIMS TO OPEN CONSULATE IN FORMER SAIGON
Reuters |
The United States hopes to open a consulate in Ho Chi Minh City in September, more than 21 years sin
Maritime
LAWMAKERS, INDUSTRY BLAST CLINTON ENCRYPTION PLAN
Michael S. Lelyveld |
A confidential Clinton administration plan to ease export curbs on encrypted software is being blast
FEFC TO DISCUSS RATE HIKE PROPOSAL
Janet Porter |
An emergency meeting of the Far Eastern Freight Conference will be held here Friday as shipping line
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, May 26, '95, - May 21, '96 (a graph)(2)D
BRIEFS
From Wire and Staff Reports |
KANTOR NAMES LA RUSSAFOR ANTI-DUMPING POSTWASHINGTON - Robert La Russa, the No. 2 official a
Maritime
QUOTE TO NOTE
Atal Behari Bajpayee |
''We will soon begin the process of identifying 50 million poorest-of-the-poor families for immediat
Maritime
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