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US UNEMPLOYMENT CLAIMS DATA TO BE RELEASED JAN. 18
Knight-Ridder Financial |
U.S. weekly initial state jobless claims, delayed for more than one month, will be released at Jan.
PEOPLE - INSURANCE
From Wire and Staff Reports |
TRAVELERS GROUP INC. (New York) - The financial services company made a series of personnel moves in
LITHUANIA TO GET HELP IN BANK CRISIS
Knight-Ridder Financial |
The International Monetary Fund and the World Bank plan to help Lithuania surmount its banking crisi
TMM PLANS SWITCH FROM MEXICO'S BUSIEST PORT
Kevin G. Hall |
Transportacion Maritima Mexicana (TMM), Mexico's largest steamship firm,plans to invest $90
Maritime
COST OF CREDIT
JOC Staff |
Thursday, Jan. 11, 1996 (Percentages Per Year) INTERNATIONAL INTEREST RATESCan
SUN INCREASES HEATING OIL PRICE
Knight-Ridder Financial |
Sun Refining and Marketing Wednesday increased its local New York harbor barge reseller price for he
FREIGHT RATE FUTURES
JOC Staff |
Jan. 11, 1996 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
US BANK BACKS PHILIPPINE AIRLINES LOAN
Associated Press |
Philippine Airlines said Thursday that the U.S. Export-Import Bank has guaranteed a $103 million loa
TEXAS SHORT LINE MAY MAKE BID FOR TRACKAGE ON MEXICAN BORDER
Kevin G. Hall |
A small Texas short-line railroad sandwiched in between two major Class I carriers is eyeing Mexico'
INSURANCE BRIEFS
Wire and Staff Reports |
INSURED SNOW DAMAGE AT $5 MILLION, FOR NOWRAHWAY, N.J. - At least $5 million in insured dama
EXEL MOVED INTO BLACK IN QUARTER
Journal of Commerce Staff |
EXEL Ltd., a Bermuda insurer, Thursday reported net income of $88.5 million, or $1.84 per share, for
TURKISH TRADE WITH IRAQ BOOMS DESPITE SANCTIONS
Leon Barkho |
Truck traffic between Iraq and Turkey is booming again despite the Gulf War sanctions, with about 1,
Maritime
TAIWAN STILL DREW CAPITAL, BUT INVESTED LESS OVERSEAS IN '95 US IS THE NO. 1 INVESTORS' CHOICE
P.T. Bangsberg |
Taiwan continues to suck in large amounts of overseas capital, but its own industries are proving le
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
ZEDILLO SHUFFLES TRANSPORT LEADERSHIPMEXICO CITY - The transport hierarchy in Mexico
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
PRICE FALLS SHARPLY FOR RUSSIAN URALS CRUDELONDON - A sharp fall in the price of hig
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
COMMENTS SOUGHT ON BARGE LIGHTING
Journal of Commerce Staff |
The Coast Guard wants to know if its requirements for barge lighting are sufficient to prevent colli
Maritime
JAPAN'S NEW PRIME MINISTER NAMES CABINET OF SEASONED POLITICIANS
Eugene Moosa |
Parliament on Thursday elected Ryutaro Hashimoto as Japan's new prime minister and he swiftly named
EU TO CONSERVE BARLEY BY CURBING EXPORTS
Bruce Barnard |
The European Union moved Thursday to control exports of barley to conserve dwindling supplies a week
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
APEC MINISTERS HAIL PROGRESS ON COOPERATION
Reuters |
Ministers of the Asia-Pacific region said on Thursday after a four-day meeting they had made good pr
Maritime
PRICE WAR ON THE HORIZON WEAKNESS APES EARLY '90S CONDITIONS
Janet Porter |
A sense of deja vu is creeping into the Europe/Asia trades as shippers on both continents successful
SWEDISH CLUB TO POLL MEMBERS ON P&I LIMIT
Liz Shuker |
The Swedish club, a mutual insurer offering hull and liability coverage to shipowners, said it would
MEXICO TRYING TO SELL ENSENADA AS ALTERNATIVE TO S. CALIFORNIA PORTS
Kevin G. Hall |
Government transport, banking and marketing specialists leave for a tour of Asia next week in which
COSTA RICA TAKES BATTLE WITH US TO WTO
Paula L. Green |
Tiny Costa Rica is fed up with its giant northern neighbor's attitude on trade. First, the C
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 245.23 off 1.05
RAMTRON, FUJITSU SIGN COMPUTER TECHNOLOGY AGREEMENT
Associated Press |
Ramtron International Corp. and Fujitsu Ltd. Thursday announced a multimillion-dollar agreement to j
Maritime
SRI LANKA CONSIDERS TELECOM PRIVATIZATION
N. Vasuki Rao |
The subcontinent's latest entrant in the race to shape up its telecommunications sector began this w
Maritime
PRICE CALLED KEY TO JAPANESE COAL MARKET OPPORTUNITY SEEN FOR US PRODUCERS
Mark Magnier |
If U.S. coal producers don't mind being used as a lever against the Australians, they have a great f
BALTIC FREIGHT INDEX
JOC Staff |
1565 (Jan. 11, 1996) Previous day - 1570 The Baltic International Freight Futures Market in
Maritime
HOUSTON SHIP CHANNEL WORKERS WIN $26 MILLION AWARD IN ASBESTOS SUIT
The Associated Press |
Three manufacturers of asbestos have been ordered to pay about $26 million for causing the illnesses
Maritime
DOLLAR FALLS, THEN GAINS, ON GERMAN GROWTH REPORT
Wire and Staff Reports |
The U.S. dollar plowed through some early selling to break into slightly higher ground Thursday.
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 11, 1996 Prev. Life of Contr. OpenOpen High Low
TRANSPORT BRIEFS
Wire and Staff Reports |
MINNESOTA MINE RAIL LINK REOPENSSILVER BAY, Minn. - A rail line connecting Northshor
CHINA RAIL EXPANSION PLAN CALLS FOR 5,000 MILES OF NEW LINES
P.T. Bangsberg |
China, a country chronically strapped for good transport, hopes to add around 5,000 miles of new rai
QUOTE TO NOTE SOUNDS DELICIOUS:
_ Eugenia Babich |
"I like it here because the food is made the Russian way, with cabbage and potatoes."
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
BP GLOBAL RESTRUCTURING MAY ELIMINATE LOSSESLONDON - BP Chief Executive John Browne
MEXICO DENIES PLAN TO RAISE IVA TAX ON CONSUMER GOODS 52 PERCENT INFLATION RATE POSTED FOR 1995
Kevin G. Hall |
Contrary to reports, the Mexican government does not plan to raise its 15 percent value-added tax on
Maritime
WEEKLY COAL EXPORTS WEEK OF JAN. 1 - 5, 1996
PIERS, New York |
Only table.
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