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Platts Containers Update
ELI LILLY, INDIAN COMPANY CEMENT PLANS FOR ALLIANCE
N. Vasuki Rao |
Eli Lilly & Co. and a leading Indian pharmaceutical company said Wednesday they have firmed up their
CALIF. STORMS TO COST INSURERS AN ESTIMATED $360 MILLION
Journal of Commerce Staff |
This month's storms in northern California will cost the insurance industry $360 million, the Proper
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 25, 1995 Prev. Life of Contr. OpenOpen High
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 25, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
AMERICAN PRESIDENT LINES CLOSING 4 EASTERN OFFICES
Tim Sansbury |
American President Lines Ltd., of Oakland, Calif., is closing four of its Eastern U.S. branch office
Maritime
MARITIME CALENDAR
JOC Staff |
The Noble Collection: A Work in Progress. Through spring 1995. Staten Island, N.Y. New exhibition at
Maritime
2 FACILITIES ON COURSE TO OPEN IN '95 AT PASCO PORT
Journal of Commerce Staff |
A $32 million vegetable-processing plant and a $3 million hay-cubing facility are on schedule to beg
Maritime
HONG KONG EXPECTED TO POST CARGO RECORD
P.T. Bangsberg |
Preliminary estimates show Hong Kong, already the world's busiest containerport, last year became th
Maritime
RECORD YEAR FOR CONTAINER VOLUME MAKES LONG BEACH TOP US BOXPORT
Bill Mongelluzzo |
Container volume surged 24 percent at the Port of Long Beach in 1994, propelling it past its neighbo
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
INDIAN STUDY BACKS DIRECT S. AMERICA LINKBOMBAY, India - Freight costs between India
Maritime
FORWARD AIR PREPARES 7.4 PERCENT RATE INCREASE
William Armbruster |
Forward Air Inc., one of the leading motor carriers serving the air cargo industry, plans to raise i
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
US DISCUSSES SAFETY RULES ON CANADA-BOUND TANKERS COAST GUARD TO ENFORCE COFR, ESCORT REGULATIONS
WILLIAM DiBENEDETTO |
Hoping to avoid another cross-border dispute, the United States and Canada are discussing a U.S. dec
Maritime
SQUABBLING IN CONGRESS AGAIN DELAYS MEXICO AID
John Maggs |
Treasury Secretary Robert Rubin faced a skeptical and divided House Banking Committee on Wednesday i
NUMBER OF FOREIGN INVESTMENTS IN EASTERN EUROPE RISES
John Zarocostas |
Foreign investment in the reforming Eastern European economies rose during the first half of 1994 to
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
USDA PUSHES FOR OK ON WHEAT TO CHINAWASHINGTON - The U.S. Department of Agriculture
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
TRANSPORT EARNINGS NS FEELING BULLISH AFTER RECORD 4TH QUARTER
Chris Isidore |
Norfolk Southern Corp. reported record earnings for the fourth quarter and all of 1994, and its exec
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 25, 1995Brent Crude Oil - (Dollars Per Barrel)
BALTIC FREIGHT INDEX
JOC Staff |
2018 (Jan. 25, 1995) Previous day - 2032 The Baltic International Freight Futures Market in
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
CHINA OKS APPLICATION FOR NYK SUBSIDIARYTOKYO - China's Ministry of Foreign Trade an
Maritime
VA. SHIPYARDS STRUGGLE FOR NON-NAVY WORK
Christopher Dinsmore |
The slow-motion shakeout in Hampton Roads' shipyard industry that began in 1993 is likely to continu
Maritime
OFFICIAL SAYS IT'S STILL TOO EARLY TO DISCUSS CUBAN ECONOMIC RECOVERY
Frances Kerry |
Cuba's economy showed signs of improvement last year, but it is still too early to talk of overall r
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
UK'S CLARKE: HOLD BACK AID UNTIL RUSSIA MOVES ON REFORMS
Keith M. Rockwell |
Russia is failing to live up to its pledges of economic reform and should not receive additional Wes
Maritime
GOV. WELD RENEWS PUSH TO BRING DOUBLE-STACK SERVICE TO BOSTON
Michael S. Lelyveld |
Gov. William F. Weld renewed his drive to bring double-stack rail service to the Port of Boston with
Maritime
POSTPONEMENT OF MEETING MAY BOOST ALUMINUM PRICES
Knight-Ridder Financial |
Postponement of the next meeting of six leading aluminum-making countries and regions participating
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIA EXPECTS SHORTFALL IN WINTER HARVESTMOSCOW - Because of the 32.6-acre reductio
CHINA'S UNIPEC RESHUFFLES MANAGEMENT
Knight-Ridder Financial |
Chinese oil company Unipec is reshuffling senior management in response to accusations the company h
NYMEX SET TO DETAIL PROPOSAL FOR ELECTRICITY FUTURES CONTRACT
Knight-Ridder Financial |
Nymex officials are expected today in San Francisco to propose specifications for a new electricity
JAPAN MAY DOUBLE PAYOUT LIMIT FOR EARTHQUAKE INSURANCE POLICIES
Margo D. Beller |
Japan's Finance Ministry is considering how to raise the upper limit on insurance benefits to victim
DIPLOMATS SEEK TO CLARIFY REMARKS BY IRAQI OFFICIAL
Knight-Ridder Financial |
Recent comments by Iraqi Deputy Prime Minister Tariq Aziz suggesting he might renew talks on a U.N.
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIAN METALS GROUP AIMS TO MAINTAIN OUTPUTMOSCOW - Russian metals group Norilsk Ni
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 25, 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 &
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
TRANSPORT CALENDAR
JOC Staff |
Air Cargo Association. Jan. 26. Luncheon speaker: Steve Denniston, director, cooperative education,
CUSTOMS RETHINKS INSPECTION PROCEDURES
Alan Abrams |
Responding to complaints by New York Customs brokers, the Customs Service is re-examining its waterf
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 21, '94 - Dec. 30, '94 (a graph) (2
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