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US DOLLAR WEAKENS ON WEAK DURABLES DATA
Kamran Pasha |
The U.S. dollar declined against the deutsche mark Wednesday on a weak U.S. durable goods report, wh
KREMLIN AIDE: NEW PACT WITH DE BEERS WILL REQUIRE BETTER TERMS FOR RUSSIA
Reuters |
Russia, a powerhouse in the diamond business, wants any new diamond agreement with South Africa's de
FOREIGN INVESTORS IN EASTERN EUROPE TARGET MANUFACTURING, ENERGY AREAS
John Zarocostas |
Manufacturing and energy-related natural resources are the sectors attracting most large-scale forei
Maritime
API WEEKLY REPORT US GASOLINE STOCKS FELL LAST WEEK
Journal of Commerce Staff |
U.S. inventories of gasoline fell by 1.1 million barrels during the week ended May 19 compared with
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
7 YEARS LATER, EVERGREEN PLOTS ITS RETURN TO JAMAICA PORT
Canute James |
After pulling out seven years ago, Evergreen Marine Corp. of Taiwan has returned to the Port of King
Maritime
GREENPEACE GOES TO UK COURT TO STOP SHELL FROM DUMPING RIG
Reuters |
Environmental group Greenpeace took its attempt to stop an oil rig being dumped at sea to Britain's
QUOTE TO NOTE ON SHIPBUILDER WOES:
_ Mogens Peter Carl European Commission's Top Trade Policy |
"No rational profit-maximizing decision-maker would put a penny more into a shipyard." <
Maritime
TRANSMISSION LINE FAILS, CAUSING TAIWANESE BLACKOUT
Knight-Ridder Financial |
A breakdown in a Taiwan Power Co. extra-high voltage transmission line in southern Taiwan Wednesday
HOUSEHOLD SPENDING SEEN DOWN IN JAPAN
Knight-Ridder Financial |
Japan's inflation-adjusted household spending for March is expected to show a year-on-year decline o
PHILIPPINE COAST GUARD TO CEASE REISSUING REGISTRATION PAPERS
Special to The Journal of Commerce |
The Philippine government will stop having its coast guard reissue international certificates of shi
Maritime
SAN FRANCISCO'S PORT WILL CREATE TASK FORCE IN WAKE OF REPRIMAND
Peter M. Tirschwell |
The director of the Port of San Francisco has agreed to establish a maritime task force after being
Maritime
S. KOREA, SINGAPORE PORTS VIE FOR BUNKER SERVICES
Tan Ee Lyn |
Ports in South Korea and Singapore are increasing efforts to improve bunker supply facilities as the
Maritime
STEAMERS MARITIME PURCHASES BOXSHIP
Journal of Commerce Staff |
Steamers Maritime Holdings Ltd., said it bought a containership for about $20 million. The A
Maritime
JAPAN VOWS TO FIGHT FIRE WITH FIRE IF US SLAPS SANCTTIONS ON AIRLINES
Reuters |
Japan will retaliate if the United States goes ahead with threatened airline sanctions, a Japanese g
AMSTERDAM, VIENNA AIRPORTS AGREE TO FORM PARTNERSHIP
Michele Kayal |
Amsterdam's Schiphol Airport plans to acquire a 1 percent stake in Vienna International Airport afte
US APPLE EXPORTS OUTPACE '94 PERIOD BY 3.4 MILLION BOXES MEXICO SLUMP FAILS TO DETER GROWTH
WILLIAM DiBENEDETTO |
Despite a drop in apple sales to Mexico, the biggest market for Northwest apples in recent years, to
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
BALTICA, TRYG TO MERGE, CREATING THE BIGGEST INSURER IN DENMARK
JOC Staff |
Baltica Forsikring and Tryg Forsikring on Tuesday announced a merger creating Denmark's biggest insu
JAPAN'S TOP NON-LIFE INSURERS EXPECT FUND MANAGEMENT TO STAY STAGNANT
Knight-Ridder Financial |
Japan's five major non-life insurance companies expect that their revenuefrom fund managemen
CANADA'S CONSUMER PRICES POST BIGGEST ANNUAL JUMP SINCE '91
Knight-Ridder Financial |
Higher prices for fresh vegetables, gasoline, mortgage interest costs, and women's wear, pushed Cana
JOB PRESERVATION TO BE KEY ILWU DEMAND UNION WANTS MORE POSITIONS UNDER ITS AEGIS
Bill Mongelluzzo |
In what could be the opening salvo in the next round contract talks between waterfront labor and man
Maritime
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
BRAZILIAN ARMY OCCUPIES STRUCK OIL REFINERIESBRASILIA, Brazil - The Brazilian army occupied
RUSSIA'S GDP FELL 5 PERCENT IN 1ST 4 MONTHS OF '95
Knight-Ridder Financial |
Russia's gross domestic product fell 5 percent in the first four months of 1995 compared with the sa
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 24, 1995 Prev. Life of Contr. OpenOpen High Low
ILLEGAL TRANSSHIPMENTS UNINTENTIONAL, CHINA SAYS
P.T. Bangsberg |
China returned to the attack Wednesday on U.S. action over textiles, saying its companies "have not
Maritime
MARITIME CALENDAR
JOC Staff |
Fleet Week. Through May 30. New York. Free tours of ships May 25-30, 1-4 p.m., and a noon ceremony o
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
BARGE SERVICE LINKS NEW YORK, BALTIMORENEWARK, N.J. - Columbia Coastal Transport thi
Maritime
CONTINENTAL PILOTS: LATEST OFFER WON'T FLY
Associated Press |
Pilot-union officials say the latest contract offer from Continental Airlines falls short of what wi
RUSSIA OR GEORGIA CALLED LIKELY ROUTE FOR CASPIAN SEA OIL
Reuters |
An international consortium set up to develop three Caspian Sea oil fields will probably export init
HONG KONG TELECOM BRACES FOR END OF COLONIAL RULE
Jane Blennerhassett |
Protected until the dying days of colonial rule, Hong Kong Telecommunications Ltd. is facing a less-
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wedneday May 24, 1995 Prevailing sellers' posted prices at the close of business, representi
F.A. LARSEN, FORMER MASTER OF GRACE LINES, DIES AT 80
Journal of Commerce Staff |
Capt. Frederick A. Larsen, a former master with Grace Lines, died Tuesdayfrom a heart attack
Maritime
INVENTOR OF GYROCOMPASS NAMED TO HALL OF FAME
Special to The Journal of Commerce |
Elmer A. Sperry, inventor of the gyrocompass and hundreds of other devices to aid navigation and saf
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
SUIT SEEKS TO BLOCK STATE MUTUAL CONVERSIONCAMBRIDGE, Mass. - Policyholders and the
PEOPLE - INSURANCE
Wire and Staff Reports |
JOHNSON & HIGGINS (New York) - Willis E. Urick, III, was named president of the insurance brokerage
LLOYD'S SYNDICATES SEE RATE HIKES PAY OFF
Liz Shuker |
Marine and aviation syndicates in the Lloyd's of London market are finally benefiting from rate incr
BUSINESS CONFIDENCE RISES IN NETHERLANDS
Knight-Ridder Financial |
Business confidence in the Netherlands rose in April from March, the Central Bureau of Statistics sa
PRIVATIZATION MAY BRING SABBATH FLIGHTS FOR EL AL
Robin Sidel |
State-owned El Al Israel Airlines said it may consider flying on the Jewish Sabbath in order to comp
SHIP PARTNERS PUT TOGETHER CHARTER VENTURE THREE VESSELS JUST A START, 4 CARRIERS SAY
Peter M. Tirschwell |
Four ocean carriers planning a global partnership are forming a joint venture to charter ships for t
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