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LONG BEACH SET TO BUILD ON-DOCK YARD FOR HYUNDAI TRANSFER FACILITY TO BE 6TH AT PORT
Bill Mongelluzzo |
The Port of Long Beach announced plans for an on-dock railyard to serve rapidly expanding Hyundai Me
Maritime
TRANSPORT CALENDAR
JOC Staff |
FOREIGN FREIGHT TRAFFIC ASSOCIATION. Jan. 3. Virginia International Terminals hosting luncheon. Jers
PEOPLE - TRANSPORT
From Wire and Staff Reports |
COMET TRANSPORT INC. (Long Grove, Ill.) - Pat Malone was appointed vice president of sales and marke
RAILS LINING UP SUPPORT INTERMODAL OPERATORS BACK PLAN
Rip Watson |
The proposed Union Pacific-Southern Pacific rail merger is winning wide support from domestic and in
EXPORTS KEEP GROWING AT LOS ANGELES, LONG BEACH PORTS
Bill Mongelluzzo |
The nation's top two containerports continued to experience strong growth in exports in November, bu
Maritime
SPOT COMMODITIES
JOC Staff |
Dec. 27, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
CATAMOUNT ENERGY CORP. PLANS COGENERATION PLANT IN IDAHO
Associated Press |
A Vermont company plans to build a cogeneration plant in Glenns Ferry that will produce electric pow
BALTIC FREIGHT INDEX
JOC Staff |
1618 (Dec. 27, 1995) Previous day - 1623 The Baltic International Freight Futures Market in
Maritime
CHINESE SHIPBREAKERS SEEK AID AS WORK SLUMPS
P.T. Bangsberg |
In a matter of months, China's shipbreaking industry has plunged from top of the heap to the doldrum
Maritime
S. KOREAN STOCK MARKET TO OPEN TO FOREIGN LISTINGS AS OF MAY
Reuters |
South Korea said on Wednesday foreign companies would be allowed to list on the stock market from ne
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 27, 1995 Prev. Life of Contr. OpenOpen High Low
AIRBORNE FORGES TIES WITH VIETNAM TO PROVIDE EXPRESS, CARGO DELIVERY
WILLIAM DiBENEDETTO |
Vietnamese officials are poised to issue a special decree that will allow Airborne Express to become
JAPANESE ANTITRUST PANEL URGES END TO HOLDING COMPANY BAN MOVE SEEN AS WAY TO AID AILING FIRMS
Rika Otsuka |
A study panel of Japan's antitrust commission, apparently with an eye on Japan's struggling banking
SPOT METAL PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CHILE BANK ESTIMATES 0.2 PERCENT DECEMBER INFLATION
Knight-Ridder Financial |
The central bank of Chile was seen to estimate December inflation at 0.2 percent in Wednesday's tend
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
CONSUMER PRICES RISE IN WESTERN GERMANY
Knight-Ridder Financial |
Western German consumer prices rose an annualized, seasonally adjusted 1.2 percent in the six months
TRADE BRIEFS
Wire and Staff Reports |
JAPANESE CONSUMERS SEE RARE SLIP IN PRICESLong accustomed to living in one of the world's mo
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 243.29 unch which
SPOT PRODUCT PRICES
JOC Staff |
Dec. 27, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
RAILS LINING UP SUPPORT UP STRIVES TO DEBUNK "DUOPOLY' FEARS
Rip Watson |
Union Pacific Railroad has gone to great lengths - 725 pages worth - to debunk opponents' claims tha
LYKES FINDS CHAPTER 11 AN OBSTACLE TO SHIP DEAL MORE SECURITY SOUGHT FOR CHARTER
Robert Koenig |
When the Flensburg shipyard in Germany launched the containership John Lykes two months ago, it look
BANGLADESH EXPORTS TO US THREATENED BY BLOCKADE
Farid Hossain |
Bangladesh, one of the world's poorest countries, has only one big item to sell: cheap clothes. Now,
Maritime
CASTRO SUGGESTS TAXES TO CURB CUBA'S "NEW RICH'
Reuters |
President Fidel Castro has decried the emerging class of "new rich" self- employed people in Cuba, s
Maritime
MARAD TO EXTEND CONTRACT FOR 5 LARGEST DRY BULKERS
Journal of Commerce Staff |
The Maritime Administration has approved a request from Brookville Shipping Inc. to extend an operat
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
PORT OF GALVESTON (Galveston, Texas) - Charles L. Regini Jr. was named manager of Elevator B, the ex
Maritime
HYUNDAI, SEATTLE PORT NEAR DEAL ON RENEWAL OF TERMINAL LEASE
WILLIAM DiBENEDETTO |
Hyundai Merchant Marine, one of the Port of Seattle's top carriers, is close to renewing its lease a
Maritime
CASTRO BLAMES WORKERS FOR POOR SUGAR CROP
Reuters |
Cuban President Fidel Castro blamed sugar workers in part for recent poor cane harvests, saying this
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DOLLAR MAKES SLIGHT GAINS AS HOLIDAYS SLOW TRADING
Howard Simon contributed to this report. |
Straining to find a shred of bullish news, the U.S. dollar managed to rise slightly against most maj
UP-SP: ROUTES OF A SUCCESSFUL MERGER
Rip Watson |
The Union Pacific-Southern Pacific merger plan presents a textbook case of the importance of rail ro
TAIWAN'S '96 RECOVERY LINKED TO CHINA TIES
Annie Huang |
Taiwan's economy slumped in 1995, but officials said Taiwanese can look forward to a brighter pictur
Maritime
BANK RESERVE LEVELS FALL IN VENEZUELA
Knight-Ridder Financial |
International reserve levels are seen ending the year at $9.538 billion, according to figures releas
MEGAMERGERS TO SLOW FEW CANDIDATES REMAIN
Margo D. Beller |
If you can't expand in your property/casualty market without blowing your loss and expense ratio sky
JAPANESE LIFE INSURERS TO GUARANTEE POLICIES OF FIRMS THAT GO UNDER
From Wire Report |
The Life Insurance Association of Japan will create a mechanism under which member companies would j
VIRGINIA TIDEWATER PROJECT TO TEST HMOS FOR POOR
Associated Press |
Beginning Jan. 1, 92,000 poor people will begin receiving their health insurance through health main
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 27, 1995Brent Crude Oil - (Dollars Per Barrel)
CFTC INVESTIGATING TRADERS' COMPLAINT ON GAS FUTURES
CLIVE McKEEF |
The Commodity Futures Trading Commission said it was examining a complaint raised by some New York M
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Dec. 27, 1995 Prevailing sellers' posted prices at the close of business, represen
ASIANS SEEK BIGGER CHUNK OF CHIP MARKET
P.T. Bangsberg |
The United States may still dominate production of semiconductors - the microchips that turn up ever
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