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BRIEFS
From Wire and Staff Reports |
EL PASO AGREESTO ACQUIRE CORNERSTONEEL PASO - El Paso Energy Corp. said Monday it has agreed
COST OF CREDIT
JOC Staff |
Monday, April 22, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
LOGISTICS NETWORK GIVES FORWARDERS NEW OPTIONS
Journal Of Commerce Staff |
Lynden International and 10 other air and ocean forwarders have formed a worldwide logistics allianc
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lots
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApr. 22, 1996 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire and Staff Reports |
BRITAIN, CHINA TO SIGNSHIPPING AGREEMENTLONDON - Britain and China have reached agreement on
DECISION GIVING LYKES CUSTODY OF FLEET APPEALED
Michael Fabey |
Lykes Bros. Steamship Co. better wait before putting its brand on the fleet of containerships the Ta
GROWING PROSPERITY ALLOWS THAILAND TO GIVE FOREIGN POLICY MORE BACKBONE
Ron Corben |
Thailand's foreign policy is becoming increasingly assertive, driven by economics and trade and back
Maritime
SPOT COMMODITIES
JOC Staff |
Apr. 22, 1996Included are list prices of suppliers. Quotations do not necessarily represent
QUOTA WATCH
International Development Systems Inc., Washington |
CURRENT TEXTILE AND APPAREL QUOTAS:Where the average recent utilization rate indicates full
Maritime
CHEVRON'S NET INCOME RISES 34 PERCENT FOR QUARTER
The Associated Press |
Strong crude oil and natural gas prices helped boost Chevron Corp. earnings 34 percent in the first
CLAIMS IN OIL SPILL OFF WALES REACH $365,000, SO FAR
HELEN R. MacLEOD |
Assuranceforeningen Skuld of Oslo announced Friday that claims payments related to the grounding of
COURT IN MARITIME CASE LIMITS PUNITIVE DAMAGES
HELEN R. MacLEOD |
A federal court in New York has ruled that punitive damages are generally not available in connectio
LAWMAKER WANTS TO USE FUNDS FOR TRUCK CORRIDORS
William Roberts |
House Majority Whip Rep. Tom DeLay, R-Texas, proposed Thursday setting aside highway construction fu
FREIGHT RATE FUTURES
JOC Staff |
Apr. 19, 1996Baltic International Freight Futures Market Prev.Close High Low
QUOTE TO NOTE
Vladimir P. Krougliak |
''I had to take a vacation when I went home.''
Maritime
RAIL FREIGHT SERVICE TO LINK ROTTERDAM AND MANNHEIM
Janet Porter |
A rail freight service linking Rotterdam and Mannheim will be launched in June, providing ocean carr
BNSF STARTS PREPARING FOR A STAMPEDE
WILLIAM DiBENEDETTO |
The wheels finally are rolling for the reopening of the Stampede Pass across the Cascade Mountains a
BRIEFS
From Wire and Staff Reports |
JAPAN PRESSES FOR ENTRYOF CHINA INTO WTOKOBE, Japan - Japan wants to place China's entry to
Maritime
SOCIETY POISED TO GO ONLINE WITH RIMSNET \ PROPRIETARY INFORMATION NETWORK TO GET WEB SITE
Russ Banham |
The Risk and Insurance Management Society is going online.RIMS will announce at its annual m
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Apr. 19, 1996Prev. Life of Contr. Open Open High Low
SUPPORTERS WORRY CALIFORNIA LOSING MOMENTUM ON EARTHQUAKE COVERAGE
Peter M. Tirschwell |
Supporters of a plan to put California into the earthquake insurance business are becoming increasin
BILL PASSED IN ILLINOIS HOUSE WOULD BOOST WORKERS COMP FUND
Associated Press |
Employers in Illinois would pay higher fees to bail out a fund that pays cost-of-living increases to
BRIEFS
From Wire and Staff Reports |
STRIKE CANCELS SOMEAIR FRANCE FLIGHTSPARIS - Air France Europe, part of the Air France group
VIRGIN ATLANTIC PLANS 2ND AIRLINE
Lisa Burgess |
British entrepreneur Richard Branson, chairman of Virgin Atlantic Airways, is planning to launch a s
PAKISTAN PLANS TO OPEN OFFICE IN ROTTERDAM
N. Vasuki Rao |
Pakistan plans to open a trade center in Rotterdam to catch up with competitors like India and sell
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 257.23 up 0.79 w
SELF-SUFFICIENT RUSSIA TO BUY GRAIN FOR OUTER TERRITORIES
Michael Gulyayev |
While Russia is expected to be self-sufficient in grain this year, it will continue to buy North Ame
INSURERS EXPLORING WAYS TO BOOST ACCESS TO CAPITAL
Aviva Freudmann |
The global insurance industry sits on huge pots of money - the combined surplus of U.S. property/cas
CHINA ACCUSES US OF TRYING TO DOMINATE THE ENTIRE WORLD
Benjamin |
China's propaganda machine on Friday accused the United States of trying to ''dominate the world'' i
Maritime
JAPANESE EXPORTS SHIFT TOWARD ASIAN MARKETS
Tsukasa Maekawa |
Japan, for the first time ever, exported more goods to its Asian neighbors in the last business year
Maritime
EVA AIRWAYS EXPANDS FLEET, SERVICES TO US
P.T. Bangsberg |
EVA Airways Corp., Taiwan's first privately owned international airline, is embarking on a growth st
MEXICO OFFERS BRADY BOND SWAP
Journal Of Commerce Staff |
Mexico's finance ministry has offered holders of Brady Bonds that expire in 2019 a chance to swap th
Maritime
BRIEFS
From Wire and Staff Reports |
OIL EXPLORATIONCONFRONTATION LIKELY HANOI, Vietnam - Vietnam has given the U.S. oil company
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApr. 19, 1996 Brent Crude Oil - (Dollars Per Barrel)
WASHINGTON WHEAT CALLED SAFE
Knight-Ridder Financial |
The trace of karnal bunt wheat fungus found in breeder stock on four acres of land near Moses Lake,
BRIEFS
From Wire and Staff Reports |
CROATIA LINE OPENSN. AMERICAN CENTERRUTHERFORD, N.J. - Croatia Line recently opened its Nort
BRIEFS
From Staff and Wire Reports |
DESPITE SALE, SCOTTPLANS BUSINESS AS USUALTORONTO - Canada's Scott Paper Ltd. said it sees n
LA TRUCK DRIVERS TELL STATE THEY'RE DIRECT EMPLOYEES
Bill Mongelluzzo |
Truck drivers in the Los Angeles-Long Beach harbor area are flooding the California Employment Devel
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