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DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Feb. 1, 1996 Prevailing sellers' posted prices at the close of business, representi
ARKANSAS WON'T MEET STATE COMP DEADLINE
Associated Press |
Arkansas Insurance Commissioner Lee Douglass said his department won't meet this week's state deadli
HOMEOWNER RATES RISE IN COLORADO
Associated Press |
State Farm Insurance Co. is raising its homeowner insurance rates by anaverage of 0.3 percen
PREMIUM GROWTH EXPECTED TO BE LACKLUSTER IN '96
Margo D. Beller |
Punxsutawney Phil may be looking for his shadow this Groundhog Day, but property/casualty insurers a
PEARL ASSURANCE GETS "AA1' FROM MOODY'S
JOC Staff |
Moody's Investors Service gave its first insurance financial strength rating to the long-term fund o
BANGLADESHI BUSINESSES URGE EXPANSION AT PORT
N. Vasuki Rao |
Business representatives in Bangladesh are urging the government to expand the container terminal an
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
SEA LAW - PETER D. CLARK SHIPPING DELAYS HAVE PLAGUED MERCHANTS THROUGHOUT HISTORY
Peter D. Clark |
Since the dawn of shipping, cargo owners have been concerned with having their goods transported in
Maritime
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
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Futures Center |
RECENT VESSEL SALES SaleDate Vessel Year PriceRepo
Maritime
SRI LANKA'S PORT OF COLOMBO SET BOX-HANDLING RECORD IN '95
Journal of Commerce Staff |
The Port of Colombo in Sri Lanka handled a record 1 million boxes in 1995, generating income of 5.5
Maritime
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
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
SHIPBROKER SAYS OVER-AGE TANKERS POSE SAFETY THREAT
Janet Porter |
A Swedish shipbroking firm is accusing oil companies of flouting their own safety standards and cont
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1494 (Feb. 1, 1996) Previous day - 1503 The Baltic International Freight Futures Market in L
Maritime
EU ENERGY CHIEFS STRUGGLE FOR ACCORD
Bruce Barnard |
The European Union's energy ministers will spend the weekend trying to pin down an elusive agreement
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIAN GOLD MINES NEED FRESH INVESTMENTVIENNA - Russian gold mines could see output
DISAPPOINTED BY SHORT-LIST RESPONSE, INDIA MAY BROADEN PHONE BIDDING
N. Vasuki Rao |
The next round of bidding for eight basic telephone licenses in India will probably be thrown open t
Maritime
BOMB EXPLOSION SENDS SHOCK WAVES THROUGH SRI LANKAN BUSINESS SECTOR
Mohan Samarasinghe |
The huge truck bomb that gutted Colombo's prime commercial area will badly hit Sri Lanka's important
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TRADE BRIEFS
Wire and Staff Reports |
FORD'S JAPANESE ADS RILE EUROPE'S CARMAKERSAn advertising campaign in Japan by Ford Motor Co
Maritime
BRITISH AIRWAYS WEIGHS ACTION CHALLENGING HANDOUT TO IBERIA
Bruce Barnard |
British Airways is considering a legal challenge to the European Commission's approval Wednesday for
FED MOVES EMPHATICALLY TO EASE MONETARY POLICY
Tom Connors |
The Federal Reserve Board's Open Market Committee agreed Wednesday to ease monetary policy more emph
NEW RATE CUT IS EXPECTED TO BOLSTER US DOLLAR
From Wire and Staff Reports |
The U.S. dollar is expected to surge ahead after the Federal Reserve cut U.S. short-term rates by on
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BNSF SELECTS 1,200 MILES OF TRACK FOR FIRST ROUND OF SCHEDULED SALE
Rip Watson |
Burlington Northern Santa Fe Corp. wasted no time in selecting the first 1,200 miles of track the co
TRUCK FIRMS TAKE STEPS TO HEDGE MEXICAN RULES
Kevin G. Hall |
Continuing confusion over whether Mexico is preparing to ban 53-foot trailers has caused several maj
CUSTOMS REVAMP WAS PREPARATION FOR WORKLOAD DELUGE, CHIEF SAYS
Gregory S. Johnson |
It was not Washington budget cutters but a rising workload that led the U.S. Customs Service to reor
RETAIL SALES RISE IN THE NETHERLANDS
Knight-Ridder Financial |
Retail sales in the Netherlands rose by 1.0 percent in 1995 compared with 1994, the Central Bureau o
EARNINGS YELLOW CORP. BLAMES SLIDE IN RATES AND FREIGHT FOR INCREASE IN LOSSES
Journal of Commerce Staff |
Yellow Corp. announced Wednesday it sank even deeper into the red last year than in 1994, when it wa
TRANSPORT BRIEFS
Wire and Staff Reports |
LEP INTERNATIONAL COMPLETES BUYOUTMARIETTA, Ga. - The management buyout of LEP Inter
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 3, '95 - Jan. 31, '96 (a graph) (2)
CHINA PLANS TO SPEND $1 BILLION TO UPDATE AVIATION FACILITIES
P.T. Bangsberg |
China, basking in unusual pleasure over its safety record, is proposing to invest about $1 billion t
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 245.45 up 0.79 wh
SPOT COMMODITIES
JOC Staff |
Jan. 31, 1996 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 31, 1996Brent Crude Oil - (Dollars Per Barrel)
MALPRACTICE RATE HIKE OK'D FOR DOCTORS' CO.
Associated Press |
Rates charged by the Doctors' Co. for medical malpractice insurance policies are going up an average
INSURANCE BRIEFS
Wire and Staff Reports |
AIG TO ACQUIRE HONG KONG COMPANYHONG KONG - American International Group reached an
CALIFORNIA CANCELS PROPOSED INCREASE IN INSURERS' STATE LICENSE FEES
Peter M. Tirschwell |
The California insurance commissioner rescinded a significant increase in the fees companies pay to
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