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WTO SEES 7 PERCENT GROWTH IN WORLD EXPORTS
John Zarocostas |
The volume in world merchandise exports is forecast to increase by 7 percent in 1996, or slightly le
Maritime
US STEEL PRODUCERS FACE CHALLENGES AT HOME, ABROAD
Gary Rosenberger |
When U.S. steel producers - eager to export - look overseas, they see an economic image ever flatter
Maritime
TRADING WITH MEXICO \ MEXICO'S OPEN NATURAL-GAS MARKET LURING US COMPANIES
Maria Carlino |
The recent opening of Mexico's natural gas market is luring a slew of U.S. energy companies south of
Maritime
TRANSPORTATION'S RUSSIAN ROULETTE \ SEA-LAND THRIVES IN EX-USSR
Bruce Barnard |
Sea-Land Service Inc., the United States' largest shipping line, expects its business in the former
INCO MAKES AGGRESSIVE BID FOR DIAMOND FIELDS RESOURCES
From Wire Reports |
Canadian nickel miner Inco Ltd. on Wednesday made a $3.3 billion takeover offer for Diamond Fields R
BALTIC FREIGHT INDEX
JOC Staff |
1430 (Mar. 27, 1996) Previous day - 1428The Baltic International Freight Futures Market in L
Maritime
LIFE INSURERS IN JAPAN PLAN TO CUT PAYOUTS TO POLICYHOLDERS
Associated Press |
Major Japanese life insurance companies plan to cut payouts to policyholders in fiscal 1996, startin
JFK INTERNATIONAL CALLED ONE OF WORST IN IATA SURVEY OF WORLD'S AIRPORTS
Robert Evans |
John F. Kennedy International Airport in New York has been dubbed one of the world's worst airports
INDIA PLANS TO CHALLENGE US DECISION ON SHRIMP
N. Vasuki Rao |
India is planning to challenge a decision by the U.S. Court of International Trade to ban shrimp imp
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 26, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%B
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 252.44 up 0.36 whi
TRADE BRIEFS
Wire and Staff Reports |
JAPANESE OFFICIAL BACKSCORPORATE TAX REDUCTIONTOKYO - Japanese Trade minister Shumpe
Maritime
TUG PULLING DREDGE MUD SINKS OFF COAST
Journal of Commerce Staff |
A tug hauling a barge loaded with mud dredged from the Port of Oakland sank last week 15 miles west
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
TIG HOLDINGS INC. (New York) - The board of directors of TIG Holdings Inc. nominated George D. Gould
POOLING PACT STIRS HOPE FOR UNUSED CONTAINERS
Chris Isidore |
They would fill more than 40 freight trains, each a mile long.If they were used, that is.But
STEVEDORE'S CHAPTER 11 FILING ROCKS PHILADELPHIA PORT
Michael Fabey |
Independent Pier Co. - one of the oldest stevedoring companies in the Philadelphia port - filed rece
Maritime
RUSSIA VOWS TARIFF CUTS, LIFTS US POULTRY BAN \ IMF CLEARS PATH FOR $10.2 BILLION LOAN
Richard Lawrence |
Russia dispersed two storm clouds over its economic relations with the West, lifting a ban on poultr
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 31 '95, - Mar. 26, '96 (a graph)(2)
TRADE BRIEFS
Wire and Staff Reports |
SPAIN POSTS SURPLUSIN CURRENT ACCOUNTMADRID - Spain posted a current account surplus
Maritime
DEUTSCHE SHELL PROFIT ROSE IN '95 ON LARGER CHEMICAL BUSINESS, COST CUTS
Knight-Ridder Financial |
Deutsche Shell, German subsidiary of Royal/Dutch Shell group, Tuesday reported 1995 after-tax profit
US CATTLE RAISERS HOPE FOR MORE ACCESS TO EU MARKETS
From Wire Reports |
U.S. cattle producers are hoping Britain's mad cow disease will lead European countries to relax res
Maritime
GREECE TO LEGALIZE ALBANIAN WORKERS
From Wire Reports |
Greek Foreign Minister Theodoros Pangalos said last week his government would legalize hundreds of t
Maritime
ATA SURVEYS SHORT-HAUL DRIVERS TO ESTABLISH STANDARDS FOR TERMINALS
Rip Watson |
The American Trucking Associations Intermodal Conference has begun asking its members to tell the re
PHILIPPINE MINE CLOSES AFTER MILL TAILINGS LEAK
Knight-Ridder Financial |
Placer Dome Inc. said Tuesday that milling operations have been suspended at its 39.9 percent-owned
BOXSHIP OWNERS WARY OF POSSIBLE CAPACITY GLUT
Bruce Vail |
The next two years should show an increase in the container capacity of the world boxship fleet of a
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Mar. 26, 1996Prevailing sellers' posted prices at the close of business, representin
BALTIC FREIGHT INDEX
JOC Staff |
1428 (Mar. 26, 1996) Previous day - 1425The Baltic International Freight Futures Market in L
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NAIC BACKS CALIF. REGULATOR IN COURT BATTLE OVER LLOYD'S
Margo D. Beller |
The National Association of Insurance Commissioners voted to file a declaration in a California cour
FEISTY FIRM ROLLS ALONG AS IT GROWS, DIVERSIFIES
Rip Watson |
There is an old saying about short-line railroads: ''We're not as long as the big guys but we're jus
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by:U.S. Department of CommerceU.S. and Foreign Commercial Service
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 26, 1996Prev. Life of Contr. Open Open High Low
US MARKET TO REMAIN OPEN TO CHINA DESPITE STRAINED TIES, BROWN SAYS
Journal of Commerce Staff |
The Clinton administration will keep the U.S. market open to China despite trade, human rights and o
GAZPROM CHIEF SEEKS FUNDING, POSSIBLE VENTURE WITH US FIRM
Alan Gersten |
The chairman of Gazprom, a giant Russian energy company, came to the United States to get loans from
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
CHILEAN EX-ARMY COLONELSOUGHT IN CODELCO SCANDALSANTIAGO, Chile - When Judge Jose Benquis fi
SUBSIDIARY OF SIEMENS LTD. OPENS OFFICE IN HUBEI PROVINCE
From Wire Reports |
A branch of Siemens Ltd. China this month opened in this capital of central Hubei province, joining
Maritime
SPOT COMMODITIES
JOC Staff |
Mar. 26, 1996Included are list prices of suppliers. Quotations do not necessarily represent
AUSTRALIA OFFERS LOANS FOR CHINA PHONE UPGRADE
JOC Staff |
The Australian government has agreed to extend $7.4 million in interest-free loans to improve China'
Maritime
IDENTIFY LOGISTICS COSTS, THEN ACT TO MAKE CUTS
Allen R. Wastler |
To reduce logistics costs, the first thing a company should do is figure out how much it's spending
US BEEF PRODUCTION NEARS RECORD LEVEL IN FIRST QUARTER \ STRONG SUPPLIES TO DEPRESS PRICES
Associated Press |
Beef production neared a record in the first quarter of the year but was expected to end the January
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