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INSURANCE BRIEFS
Wire and Staff Reports |
AACHEN RE SELLS 80 PERCENT OF BUSINESS TO ERCAACHEN, Germany - German insurer Aachen
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Transportation |
RECENT VESSEL SALES SaleDate Vessel Year PriceReporte
Maritime
EXPORTS FUEL CARGO GROWTH AT LONG BEACH, LOS ANGELES
Bill Mongelluzzo |
A surge in exports of containerized cargo helped the ports of Long Beach and Los Angeles maintain do
Maritime
ROYAL NEDLLOYD GROUP'S PROFIT NEARLY DOUBLED IN 1ST QUARTER
Journal of Commerce Staff |
Royal Nedlloyd Group NV, the Dutch shipping and transport group, nearly doubled net profit, before e
Maritime
VICE COMMANDER TO RESIGN AT MILITARY SEALIFT COMMAND
Tim Shorrock |
Wallace T. Sansone, who has wielded enormous power over the shipping industry for the last 13 years
Maritime
CANADIAN USER GROUP SEEKS SEAWAY MANAGEMENT CONTROL
Leo Ryan |
Major users of the St. Lawrence Seaway formed a consortium and are proposing that a nonprofit corpor
Maritime
FOOTWEAR: WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
EVERGREEN SEEKS TO RAISE CASH IN WORLD MARTS FOR BOXSHIPS
Joyce Liu |
Evergreen Group said Thursday it plans to raise US$100 million on overseasfinancial markets
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
WATERMAN'S SERVICE TO CALL AT MOREHEAD CITYWaterman Steamship Corp. said its U.S.-flag light
Maritime
HOUSE PANEL VOTES MEASURE TO RESTRUCTURE, PRIVATIZE AMTRAK
William L. Roberts |
In the face of opposition by organized labor, a House subcommittee advanceddraft legislation
CONTAINERIZED MARKET SHARE BY LANE CHINA OCEAN SHIPPING CO.
""Global Container Report" by Port Import / Export Reporting |
LANE July-September July-September 1993
Maritime
CONTINENTAL / SILITE INTERNATIONAL
JOC Staff |
Using a multilingual campaign, Continental/Silite International, an award- winning food-service prod
SEA-LAND TO EXPAND SERVICES TO HAWAII
Peter M. Tirschwell |
Sea-Land Service Inc. will significantly expand its services between California and Hawaii in a move
CHERRY EXPORTERS URGE CHINA TO CUT TARIFFS, CUSTOMS DUTIES
WILLIAM DiBENEDETTO |
Northwest cherry growers are pleased that China has lifted restrictions on the import of fresh cherr
WASHINGTON DOUBTS RUSSIA IS SOFTENING ON IRAN DEAL
Michael S. Lelyveld |
After a series of mixed signals since the May 10 summit in Moscow, U.S. officials say they see no re
10 MEXICO BANKS OFFER HEDGE AGAINST PESO VOLATILITY
Kevin G. Hall |
A few banks in Mexico just started offering customers forward contracts to hedge against exchange-ra
FOR CALIF. CHERRY GROWERS, '95 IS THE PITS RAINS RUIN CROP, FORCING CARRIERS TO CANCEL FLIGHTS
WILLIAM DiBENEDETTO |
Rain-soaked cherry growers in California are prepared to write off this year's harvest, a crop failu
NVO CARGO BID COULD TRIGGER ATLANTIC RATE WAR HAPAG-LLOYD MOVE DRAWS TACA FIRE
Michael Fabey |
The German steamship line Hapag-Lloyd AG may be starting a rate war among lines in the North Atlanti
US OFFICIAL TO AFRICAN BANK: FOLLOW WORLD BANK PRACTICES
Bisi Williams |
Jeffrey Shafer, assistant U.S. Treasury secretary in charge of international affairs, said Thursday
REGULATORS OK SALE OF W.VA. GAS FIRM
Associated Press |
Utility regulators approved the $90 million sale of the state's largest natural gas company to a Wes
FEDERAL SUGAR PROGRAM FACES CAPITOL GAUNTLET
Reuters |
The federal program that for 14 years has protected the biggest sugar and sweetener industry in the
CHINA SELLING COPPER TO BUY FOOD, GNI SAYS
Knight-Ridder Financial |
China is selling surplus stocks of copper to fund the import of food in an attempt to forestall poss
INDONESIA, FIGHTING TO END EXPORT CURBS, SAYS CARTEL-TYPE GROUP IS UNACCEPTABLE
Reuters |
Indonesia, stepping up a campaign to end export curbs by the Association of Tin Producing Countries
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 23 '94 - May 25, '95 (a graph) (2)DA
COST OF CREDIT
JOC Staff |
Thursday, May 25, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GOP LAWMAKER WON'T PUSH PLAN FOR A SECONDARY EMBARGO ON IRAN AGREEMENT CITED WITH CLINTON
William L. Roberts |
Rep. Peter T. King, R-N.Y., in what a spokesman called a compromise with the White House, has backed
"GREEN' GROUP SLAMS CANADIAN GUIDELINES ON FOREST PRODUCTS
John Zarocostas |
An influential ecology group is protesting a Canadian forest industry initiative that the ecologists
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
HOUSE PANEL OKS CUT IN AID TO POOR COUNTRIES
Blair Pethel |
A House International Relations subcommittee Thursday voted to send the full committee an amended bi
DOLLAR DROPS ON FEARS OF WEAK US ECONOMY
Jon E. Hilsenrath |
The U.S. dollar fell sharply Thursday amid worries that a weakening economy could bring lower intere
PEOPLE - FINANCIAL
Wire and Staff Reports |
AMERICAN EXPRESS BANK (New York) - Arthur H. Berman was named executive director and treasurer.<
EXECUTIVE SEES DEMAND RISING FOR S. KOREAN ZINC
Reuters |
South Korea's dynamic economic growth will increase zinc consumption by about 20 percent in the next
TAIWAN PRESIDENT'S VISIT MAY LIFT TRADE, NOT TALKS
Dennis Engbarth |
President Lee Teng-hui's forthcoming "private" visit to Cornell University should spur trade and cap
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
MARATHON FINDS MORE OIL, GAS IN NORTH SEANEW YORK - Marathon Oil Co. said it discove
DAILY PETROLEUM PRICES
JOC Staff |
Thursday May 25, 1995 Prevailing sellers' posted prices at the close of business, representi
TRADE BRIEFS
Wire and Staff Reports |
BRAZIL CHAMBER OKS END OF TELECOM MONOPOLYSAO PAULO, Brazil - The Brazilian Chamber
Maritime
TRADING COMMUNITY WANTS EFFECTIVE WTO
John Zarocostas |
A strong rules-based global trade system is the best way to nurture predictability and stability in
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek importers/distributors. Interested parties are asked to contac
Maritime
WORK FORCE RISES AT BIG ITALIAN FIRMS
Knight-Ridder Financial |
Employment in major Italian industries rose 0.1 percent in February from January, but fell an annual
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
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