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TRADE BRIEFS
Wire and Staff Reports |
$158.7 MILLION INVESTED IN 3 CHINESE PROJECTSThe International Finance Corp. announced up to
Maritime
TRADE LEADS
JOC Staff |
Exporters/suppliers or importers/buyers are sought for the following items. Interested parties are a
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1551 (Oct. 30, 1995) Previous day - 1559 The Baltic International Freight Futures Market in
Maritime
TRUCKING SECTOR LEADS DECLINERS IN TRANSPORT STOCK INDEX
Journal of Commerce Staff |
Trucking stocks showed the biggest declines last week as The Journal of Commerce Stock Index experie
Maritime
CONTRARY TO POPULAR OPINION, NEW SHIPS WILL BOOST BOX TRADE, UK BROKER SAYS
Janet Porter |
The huge number of containerships being built should generate new business for the ships by reducing
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Oct. 27, 1995.
OIL FIELD STARTS PRODUCING IN THE SOUTH CHINA SEA
P.T. Bangsberg |
An oil field being jointly developed by Chinese and American companies started production in the Sou
MINE OWNERS FAULT CANADIAN LABOR BOARD
Associated Press |
The Canadian Labor Relations Board had no right to force an end to the bitter 18-month strike at the
FREIGHTLINER UNVEILS TRACTOR WITH COMPUTER DIAGNOSTICS
Gregory S. Johnson |
Freightliner Corp., hoping to entice truckers who want their rigs to spend more time onthe road and
CONGRESSIONAL PANEL OBJECTS TO NUCLEAR WASTE ENTRY SITES DOE URGED TO CONSIDER PORTS' WILLINGNESS
WILLIAM DiBENEDETTO |
A House and Senate conference panel is urging the Department of Energy to remove the Port of Tacoma
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
NORTHEAST UTILITIES DELAYS PLANT REFUELINGNEW YORK - The refueling of reactor Unit 1
CHEVRON USA SUCCESSFULLY TURNS OIL SLUDGE INTO RICH FERTILIZER
Associated Press |
An effort to dispose of waste oil sludge has turned into a successful experiment in composting for C
S&P UPGRADES DEBT RATINGS FOR DIA
Denver Post |
Standard & Poor's, a Wall Street bond-ratings agency, upgraded about $3.6 billion in Denver Internat
POLITICAL BATTLES IN PERU, ECUADOR EMBROIL FINE AIR
Ted Reed |
Cargo carrier Fine Air stepped into the middle of the Ecuador-Peru war last February when one of its
CONSOLIDATION EXPECTED TO CONTINUE FOR BOX LESSORS
Janet Porter |
A further consolidation of the container leasing industry is likely, as shipping lines demand a more
MENLO LOGISTICS GRABS DOW CHEMICAL PACT
Peter M. Tirschwell |
Dow Chemical Co. will outsource a significant portion of its transportation system to the logistics
STUDY SAYS RECENT RAILROAD MERGERS MAY LEAD TO WAVE OF ABANDONMENTS
Chicago Tribune |
The U.S. railroad system that has been shrinking steadily for decades could be in for another wave o
PENA CREATES TASK FORCE TO STUDY SAFETY AT RAIL CROSSINGS
Journal of Commerce Staff |
Secretary of Transportation Federico Pena has formed a highway-rail crossing safety task force to sc
TRANSPORT BRIEFS
Wire and Staff Reports |
JAPAN AIR SYSTEM POSTS MIDTERM PROFITTOKYO - Japan Air System (JAS) said Monday it c
SUPPLIES LIKELY TO STAY PLENTIFUL, CHEAP AS US DEPENDENCE ON IMPORTS GROWS
Arthur Gottschalk |
There's no end in sight to rising U.S. dependence on foreign oil. On the bright side, however, impor
FIGHT FOR MARKET SHARE SEEN MUTING PRICE RISES
Gary Rosenberger |
A stepped-up battle for market share between the Organization of Petroleum Exporting Countries and n
UTILITY COMPANY TO FIGHT LAWSUIT
Associated Press |
A utility holding company will fight the legal challenge of three former managers - two from Idaho,
IT'S NOT IF, BUT WHEN, OIL RESERVES RUN OUT
Larry Starkey |
Predictions that the United States will soon run out of oil are nearly as old as the industry itself
VIRTUAL NEWSLETTER SPOTLIGHTS BERMUDA INSURANCE MARKET
HELEN R. MacLEOD |
BerBiz, a new insurance industry virtual newsletter run from Bermuda, is now the largest independent
MARKET FORCES DRIVE EXPORT FOCUS IN EX-USSR
Geoff Winestock |
The lifting of export barriers in Russia and some big new projects coming on stream in Central Asia
PRIVATE PENSION SYSTEMS CALLED KEY TO CONTINUED GROWTH IN LATIN AMERICA
Margo D. Beller |
The creation of private pension systems within the countries of Latin America is essential to contin
CONFERENCE TO EXPLAIN USES OF INTERNET FOR RISK MANAGERS
Journal of Commerce Staff |
A conference entitled "Using the Internet as a Risk-Management Tool" will be held in New York on Nov
INSURERS SEEK MORE OPENNESS IN THE NAIC'S BUDGET PROCESS
From Wire and Staff Reports |
Officials of two insurance-company associations urged the National Association of Insurance Commissi
OCCIDENTAL SOLIDIFIES CORE OPERATIONS IN BAKERSFIELD, CALIF.
Lois Henry |
Once again, Occidental Petroleum Corp. is coming home to Bakersfield to recoup from declining oil pr
Maritime
PHILIPPINE INVESTIGATORS QUESTION FRAUD SUSPECT AS JAPANESE OBSERVE
Associated Press |
Three Japanese policemen attended the questioning Monday of an insurance fraud suspect from Osaka by
SINGAPORE TAKES A STEP FORWARD WITH PETROCHEMICAL ISLAND PLAN NEW CENTER PLANNED TO DOUBLE CAPACITY
Cecilia Quiambao |
The government and private firms are consolidating Singapore's position as an international petroche
LACK OF DATA LIKELY TO HAMPER EFFORTS TO MINE IN INDOCHINA
Rajan Moses |
The potential for unearthing rich deposits of gold, copper and other metals in mineral-rich Indochin
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 30, 1995 Quotations are based on prices reported in the market or obtained from s
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SPOT COMMODITIES
JOC Staff |
Oct. 30, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
TOP P&I CLUBS SET TONE FOR '96 INCREASES GROWTH IN TRADE AND CLAIMS CITED
Liz Shuker |
Most shipowners insuring their liability risks through protection and indemnity clubs face at least
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 241.45 off 0.47 wh
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 30, 1995Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 30, 1995 Prev. Life of Contr. OpenOpen High
GASOLINE PRICES
JOC Staff |
Oct. 30, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
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