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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.
SPOT COMMODITIES
JOC Staff |
Jan. 11, 1996 Included are list prices of suppliers. Quotations do not necessarily represent
BRAZIL'S FINANCES: SIX MONTHS OF LIVING DANGEROUSLY
Kevin G. Hall |
With the bulls roaring through Brazilian financial markets, the country has become the darling of La
WILSON SEEKS TO AVERT BAN ON FUMIGANT IN CALIFORNIA THREAT TO STATE'S EXPORTS SPURS SPECIAL SESSION
Peter M. Tirschwell |
The potential for disruption to U.S. exports because of the loss of an irreplaceable crop fumigant h
ILWU TO FIGHT LOS ANGELES PORT OVER PLAN TO USE NONUNION LABOR UNION WILL "STOP AT NOTHING'
Bill Mongelluzzo |
The International Longshoremen's and Warehousemen's Union this week is sending a message to waterfro
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
24 RESCUED FROM SHIP OFF NEWFOUNDLANDST. JOHN'S, Newfoundland - The 24 crewmembers of a Gree
Maritime
LE HAVRE STEVEDORES STOP CONTRIBUTING TO REFORM FUND
Tara Patel |
Stevedoring companies at the French Port of Le Havre have cut off their monthly contributions to the
Maritime
BOEING CO. TO MODIFY THREE JETS FOR CATHAY
WILLIAM DiBENEDETTO |
Boeing Co.'s Wichita Division Wednesday received a contract to modify three Cathay Pacific 747-200 c
JOURNAL OF COMMERCE - FAST FACTS THE WORLD'S SALES FORCE
International Monetary Fund, Knight-Ridder Tribune |
No text.
GASOLINE PRICES
JOC Staff |
Jan. 11, 1996 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
ISRAEL'S NEED FOR COAL TO LESSEN AS TIES TO ARAB STATES GROW
Dov Hoch |
Israel's reliance on coal is likely to fall off eventually as the nation concludes peace agreements
MARITIME BRIEFS
Wire and Staff Reports |
DATE CHANGE PROPOSED FOR SOO LOCKS' OPENINGWASHINGTON - The U.S. Army Corps of Engin
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 10, 1996 No. 4/ No. 6/ No. 6/1% 1% 0.5%
MALAYSIA URGES ITS COSMETICS SECTOR TO IMPROVE PRODUCTS
P.T. Bangsberg |
Beauty may be only skin deep, but Malaysia would like its producers of ''prettifiers" to delve a bit
Maritime
US POISED TO ADMIT MEXICAN AVOCADOS AS OPPOSITION MOUNTS
Peter M. Tirschwell |
The U.S. Agriculture Department may go forward with a proposal to lift an 81- year-old ban on import
Maritime
US-CANADA SPILL COVERAGE FLAP GROWS
WILLIAM DiBENEDETTO |
A Washington state oil spill response group will no longer give Canada-bound vessels crossing state
BLIZZARD CLOSES INSURANCE OFFICES IN NORTHEAST WORK GOES ON BY COMPUTER, FAX
Margo D. Beller |
Some of the largest insurance companies in the United States started reopening this week in the afte
KUWAIT LENDS PAKISTAN $33 MILLION
Associated Press |
The government's Kuwait Fund for Arab Economic Development has extended a $33 million loan to Pakist
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 10, 1996 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SWISS RE SURVEY FINDS DEREGULATION INCREASES RISK OF COMPANY FAILURES
John Zarocostas |
A total of 650 non-life insurers and reinsurers worldwide became insolvent between 1978 and 1994, wi
KANSAS CHIEF'S PROPOSALS HIT FRAUD, AID CONSUMERS
John Hanna |
Insurance Commissioner Kathleen Sebelius wants legislators to approve two dozen proposals designed t
BOEING BESTS AIRBUS, MCDONNELL, TO WIN $4 BILLION MALAYSIAN ORDER
P.T. Bangsberg |
Boeing Co. is opening the new year on the same roll as it closed the old, with a $4 billion order fr
INDONESIA RAISING MINIMUM WAGE
Associated Press |
The minimum wage for Indonesian workers will rise by an average 10.63 percent on April 1, the govern
MORE ACCESS MAY SCUTTLE UP/SP DEAL
Rip Watson |
Union Pacific Railroad Wednesday threatened to scuttle its proposed linkup with Southern Pacific Rai
US IMPOSES NO SANCTIONS IN BANANA TRADE DISPUTE
John Maggs |
The Clinton administration, as expected, has declared Colombia and Costa Rica in violation of U.S. t
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 10, 1996 Prev. Life of Contr. OpenOpen High Low
NIGERIA TO INCREASE CRUDE PRODUCTION CAPACITY IN '96 2 NEW COMPANIES TO PUMP OIL
Knight-Ridder Financial |
Nigeria plans to increase its crude production capacity by about 35,000 barrels a day this year with
MARITIME CALENDAR
JOC Staff |
SOUTH STREET SEAPORT MUSEUM. Ongoing. New York. Exhibits and programs. Contact: (212) 748-8600.<
Maritime
GASOLINE PRICES
JOC Staff |
Jan. 10, 1996 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
JAPAN AUTO SALES SOARED IN '95
Mitsuo Suzuki |
Automobile sales in Japan exceeded 5 million vehicles last year for the first time in three years an
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
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