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NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 15, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
BIGGER SUPERFUND BUDGET PROPOSED
Margo D. Beller |
Republicans on the Senate and House Budget committees set aside proposed increases in funding for Su
LOUISIANA AUTO RATE CUT VETOED
Journal Of Commerce Staff |
Louisiana Gov. Mike Foster vetoed a controversial insurance bill that would have imposed a mandatory
BRIEFS
From Wire and Staff Reports |
SHIPSJUGUM, LONGSHORE LEADERIN SEATTLE, DIES AT 81SEATTLE - Martin Jugum, 81, a long
JOURNAL OF COMMERCE - FAST FACTS \ AIR FREIGHT TRENDS
International Air Transport Association |
No text.
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 15, 1996Prev. Life of Contr. Open Open High Low
API WEEKLY REPORT \ GASOLINE INVENTORIES DECLINE
Journal Of Commerce Staff |
U.S. gasoline inventories fell by 1.5 million barrels during the week ended May 10, compared with th
BRIEFS
From Wire and Staff Reports |
SAFECO DONATES $50,000TO UNIVERSITY PROGRAMSEATTLE - Safeco Insurance Cos. donated $50,000 t
BRIEFS
From Wire and Staff Reports |
NORFOLK SOUTHERN WINSSAFETY AWARD AGAINWASHINGTON - For the seventh consecutive time, Norfol
P&O TO STREAMLINE BOX OPERATIONS IN INDIAN REGION \ MOVE COMES AS LINE STARTS NEW LINKUP
Phillip Hastings |
P&O Containers is stepping up efforts to improve the speed and reliability of its box-handling opera
"SHORT INTEREST' IN APC STOCK SOARS
Peter Tirschwell |
Some very large investors are betting that American President Cos.' stock price is overvalued.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 19, '95, - May 15, '96 (a graph)(2)D
BOLIVIA CENTRAL BANK OFFICIAL RESIGNS
Reuters |
Grover Gutierrez has resigned as general manager of the Bolivian central bank and has been replaced
Maritime
PACIFIC BASIN GROUP TO HOLD MEETING IN WASHINGTON \ COUNCIL IS ATTEMPTING TO REASSERT ITS POWER
William Armbruster |
The Pacific Basin Economic Council, trying to re-establish its influence, will begin a conference Mo
Maritime
SOUTH AFRICA URGED TO REVISE OIL POLICY
Knight-Ridder Financial |
The South African government should rethink its policies on oil procurement, storage and offshore oi
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 260.22 off 0.40 w
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 15, 1996Prevailing sellers' posted prices at the close of business, representi
PRIVATIZATION SWEEPING BRAZIL
Arthur Gottschalk |
As Brazil moves to privatize everything from banks and airports to sanitation and cemeteries, indepe
TWO BOARDS TO BE NAMED IN RAIL DISPUTE
Rip Watson |
President Clinton almost certainly will appoint two more emergency boards before the weekend to inve
DOLE QUITS SENATE, SHIFTS FOCUS TO CAMPAIGN
Stephanie Nall |
Senate Majority Leader Bob Dole is giving up the Senate seat he has held for 28 years to put a sharp
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
MORE GLOBAL MARITIME TALKS SCHEDULED, WITH ALL EYES ON JUNE 30 DEADLINE
Tim Sansbury |
Trade officials will start a flurry of talks, after nearly 10 years of discussion, in a bid to beat
US EXPERT CALLS AUSTRIA HAVEN FOR "DIRTY MONEY'
Janet Mcbride |
A U.S. money laundering expert said Tuesday that Austria was naive to defend its anonymous bank acco
Maritime
FOREIGN SHIP LINES MAY GET A NUDGE ON US TAX RETURNS
Tim Sansbury |
Foreign shipping lines may get an unexpected knock-at-the-door from the U.S. Internal Revenue Servic
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1433 (May 15, 1996) Previous day - 1438The Baltic International Freight Futures Market in Lo
EU DATA LIKELY TO SHOW THE EURO WILL NOT FLY
Reuters |
The problems facing the creation of a single European currency look set to be starkly outlined on We
Maritime
PAKISTAN TO ALLOW PRIVATE RAIL HAULAGE
N. Vasuki Rao |
Pakistan will allow private freight companies to move fuel oil and other bulk commodities on its sta
SPOT COMMODITIES
JOC Staff |
May 15, 1996Included are list prices of suppliers. Quotations do not necessasrily represent
SHELL DRAWS FIRE AT ANNUAL MEETING \ DEMONSTRATORS PROTEST NIGERIAN EXPLORATION
Dirk Beveridge |
Demonstrators, some beating African drums, protested about oil exploration in Nigeria as the Royal D
TEXAS REGULATOR SEEKS TO CLARIFY ROUNDING RULE
Associated Press |
State Commissioner Elton Bomer has released a proposal to clarify a part of the rate calculation pro
FURNITURE: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
MAERSK, HYUNDAI BET ON TAIWAN PORT AS ASIAN HUB
P.T. Bangsberg |
Maersk Line, having doubled its container space at Taiwan's main port, is working with other carrier
BRIEFS
From Wire and Staff Reports |
AIRBUS SEEKS PARTNERIN AIRLINER PROJECTBERLIN - European aircraft consortium Airbus Industri
MINISTERS TO FOCUS ON MYRIAD OF ISSUES AT HEMISPHERE MEET
Richard Lawrence |
The finance ministers of 26 Western Hemisphere countries will seek this weekend to ''move forward on
Maritime
US CALL FOR TRADE-LABOR LINKAGE SPARKS PROTEST BY POORER NATIONS
John Zarocostas |
The United States called Wednesday for governments to firmly set the link between trade and labor st
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 15, 1996Baltic International Freight Futures Market Prev.Close High Low
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
STEADY CAPITAL FLOW EXPECTED FOR EMERGING MARKETS IN '96
Knight-Ridder Financial |
Private capital flows to emerging markets should remain steady in 1996, around $197.2 billion, compa
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 15, 1996 Brent Crude Oil - (Dollars Per Barrel)
VALUJET AIRLINES SAYS DOWNED PLANE IN EVERGLADES WAS FULLY INSURED
Reuters |
ValuJet Airlines said it was fully insured for the DC-9 that crashed Saturday in the Florida Evergla
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