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SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
RISE SEEN IN AUSTRALIA IRON ORE OUTPUT
Knight-Ridder Financial |
Australia's iron ore production will increase by 24 percent to 158 million tons by 2005 and exports
DAILY PETROLEUM PRICES.
JOC Staff |
Friday Jan. 5, 1996 Prevailing sellers' posted prices at the close of business, representing
FOREIGN POLICY UNAFFECTED BY RUSSIAN'S RESIGNATION
Reuters |
Foreign Minister Andrei Kozyrev, admired in the West but reviled by Russian conservatives, resigned
Maritime
REPRISE - OCTOBER
JOC Staff |
JUST YOU WAIT "When I get to the Oval Office, I cancel Nafta and the new world order comes c
PLAN TO SHIP NUCLEAR WASTE RAISES GLOBAL TRADE QUESTIONS
Arthur Gottschalk |
The announcement by Taiwan Power Co. that it will ship low-level nuclear waste to Russia for disposa
RAILWAYS STUDY TIES 1995 SPLURGE LEAVES FEWER TO MERGE CONRAIL CONSIDERED A PRIME TARGET
Rip Watson |
Merger-minded railroad executives will have a hard time in 1996 topping a record level of $10.5 bill
FORMER ANA INSURANCE OWNERS INDICTED ON 4 CHARGES IN LOUISIANA
Associates Press |
The owners of defunct ANA Insurance Co., which once wrote liability automobile coverage in Louisiana
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
US, SINGAPORE FIRMS JOIN IN BUILDING INDIAN AIRPORT
N. Vasuki Rao |
American and Singaporean companies will join with local firms to build an international airport in t
KINTETSU SUBSIDIARY COVERS GAP IN ITS SOUTHERN NETWORK
Gregory S. Johnson |
Kintetsu World Express (U.S.A.) Inc. has plugged a hole in its Southern Hemisphere network, creating
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
SLOW WAY OR NO WAY US-JAPAN TRADE TIES WILL ONLY IMPROVE AT A GRADUAL PACE, ECONOMISTS SAY
Mark Magnier |
Take a look at almost any trade problem, dispute or structural imbalance in the U.S.-Japan relations
LATIN PORTS BURSTING ECONOMISTS CAUGHT OFF-BALANCE BY LEAPS IN EXPORTS FROM US TO SOUTH AMERICA
Michael Fabey |
Economists and other experts may have to resort to flipping coins, rolling dice or reading entrails
REPRISE - JANUARY
JOC Staff |
If a container falls off a cargo ship in the middle of the Indian Ocean and The Journal of Commerce
SPOT PRODUCT PRICES
JOC Staff |
Jan. 5, 1996 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SPREAD OF INFORMATIONAL TECHNOLOGY HOLDS KEY FOR DEVELOPING NATIONS
John Zarocostas |
The global competitiveness gap between rich and poor nations could widen further if the developing w
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CANADA, MALAYSIA PLAN TO SIGN BUSINESS DEALSKUALA LUMPUR, Malaysia - Canadian Prime
Maritime
TO OUR READERS
JOC Staff |
Export Opportunities, which is supplied by the U.S. Department of Commerce, is not available for pub
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Surfing the Global Net From Caribbean Shores. Feb. 26-27. Barbados. C
Maritime
NO LIMIT TO P&I DEBATE DESPITE COMPROMISE BY CLUBS TO CAP LIABILITY COVERAGE, SHIPOWNERS MAY BALK
Liz Shuker |
If 1995 was the year that protection and indemnity clubs finally reached agreement over imiting insu
SUEZ CANAL STRUGGLES TO RETAIN ITS CUSTOMERS
Eileen Alt Powell |
Massive cargo ships and tankers glide in long convoys through the Suez Canal, modern incarnations of
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
AMERICAN COMMERCIAL BARGE LINES (Jeffersonville, Ind.) - William Schmidt was named manager of liquid
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 5, 1996 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BANANAS: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
OPIC TO FUND PHONE VENTURE IN ARGENTINA
Journal of Commerce Staff |
The Overseas Private Investment Corp. will provide $200 million in financing for a new Argentine mob
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
WEST VIRGINIA SCALES PREMIUMS TO PAY LEVELCHARLESTON, W.Va. - The board that manages the Pub
SEA-LAND BUILDS UP EUROPE/ASIA SERVICE
Janet Porter |
Sea-Land Service Inc. is chartering cargo space on Maersk Line ships in the Europe/Asia trades ahead
Maritime
PEOPLE WHO MOVED UP
JOC Staff |
Many in the industry made personnel changes in 1995, including: MARITIMEAmerican Ass
REPRISE - MARCH
JOC Staff |
RIGHT IN THE EYE "The Americans are our best friends, whether we like it or not."_ Canadian
TACA PROBE LEAVES MARK MARITIME INDUSTRY STILL REELING OVER FMC'S HANDLING OF ALLEGED RATE ABUSES
Tim Sansbury |
The Federal Maritime Commission's probe of ocean carrier competition on the North Atlantic trade lan
A RUDE AWAKENING SAFETY SUMMIT, CITIZEN OUTCRY BRING ISSUE OF DRIVER FATIGUE TO THE FRONT BURNER
Chris Isidore |
Truck drivers have been falling asleep at the wheel almost as long as there have been trucks. But 19
DU PONT TAKING $83 MILLION CHARGE TO COVER ACCOUNTING, LAWSUIT
Reuters |
Du Pont Co. said it will take two fourth-quarter charges totaling $83 million for an accounting chan
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
BALTIC PORT'S EXPORTS OF OIL HIT 5-YEAR HIGHVENTSPILS, Latvia - Crude and product ex
QUOTE TO NOTE FIGHTING WORDS:
_ Albert A. Pierce, Jr., Managing Director Transpacific |
"We will no longer lose market share in a growing market."
Maritime
BRAKING POINT FOR RAIL GEAR EQUIPMENT SALES BOOM LIKELY TO SLOW
Paul F. Conley |
From 1992 to 1994, the number of newly built railcars nearly doubled. Last year new cars rose anothe
REPRISE - JUNE
JOC Staff |
TROOP CONTAINERS "My customer is troop support, and my job is not to promote the maritime in
REPRISE - DECEMBER
JOC Staff |
TICKET PLEASE "The airlines are greedy, period."_ John J. Driscoll, director, Los Angeles In
VIEWS FROM THE BOARDROOM
JOC Staff |
AIR FRANCE CARGO Sten GrotenfeltExecutive Vice PresidentWorldwide economic condition
FIVE TRENDS REMAKING THE INDUSTRY
Allen R. Wastler |
The year was thick and overgrown with news events for the shipping industry. Shipbuilding agreements
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