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CORRECTION
JOC Staff |
A story Jan. 5 on Page 6B, "Milwaukee Longshoremen Get Contract Extension," and a story Oct. 17 on P
Maritime
KINGS POINT GRADS GIRD FOR NEW CLOSURE BATTLE
Alice Cantwell |
Damn the torpedoes! Full speed ahead! They dodged the salvos of a Clinton administration rep
APL, OOCL PLAN DIRECT RUN TO US FROM SOUTH CHINA
P.T. Bangsberg |
The first direct trans-Pacific service from southern China to the United States will begin next mont
MARITIME BRIEFS
From Wire and Staff Reports |
DELAWARE PORT REOPENS COLD STORAGE WAREHOUSEWILMINGTON, Del. - The port here opened
Maritime
NO RESOLUTION SEEN TO MEXICO ORIGIN DISPUTE
Kevin G. Hall |
After meeting this week with high-level Mexican commerce officials, U.S. retailers operating in Mexi
Maritime
S. KOREA TO COMBINE MARKETS FOR NEW EXCHANGE IN 1996
Knight-Ridder Financial |
South Korea will open an exchange dealing in currency, interest rate and commodities futures early i
SURGING DEMAND FOR POWER SPARKS SUPPLY FEARS IN JAPAN
Reuters |
Japan's surging power needs risk overloading the electricity industry in this resource-poor nation i
2 CHINESE AUTOMAKERS PLAN JOINT CONSTRUCTION
Journal of Commerce Staff |
Jiangling Automobile Co. in Jiangxi province and Shanghai Automotive Industry Corp. said they will j
EXPORT ABCS - HENRY A. SAMUEL HARD TIMES ARE GOOD TIMES TO FINE-TUNE THE OPERATION
Henry A. Samuel |
The alert exporter can make use of periods of slow business activity by paying increased attention t
Maritime
RUSSIAN OIL REFINERY BOOSTS PRICES
Knight-Ridder Financial |
Yaroslvnefteorgsintez, one of Russia's largest oil refineries with a yearly input of 12 million metr
MEXICO'S HIGH EXPECTATIONS PUZZLE ENERGY ANALYSTS
Reuters |
Crisis-ridden Mexico wants to raise up to $7.5 billion from privatizations in its energy sector, but
JAPAN TO PUSH DOMESTIC LUMBER IN BID TO REGAIN MARKET SHARE
Knight-Ridder Financial |
Japan's forestry agency will launch a project to promote the use of domestic lumber for low-cost hou
Maritime
AMOCO PREDICTS REPLACEMENT RATE OF 120 PERCENT FOR '94 GAS, OIL OUTPUT
Knight-Ridder Financial |
Amoco Corp. said it expects a 1994 worldwide oil and gas production replacement rate of about 120 pe
SPOT PRODUCT PRICES
JOC Staff |
Jan. 12, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
BALTIC FREIGHT INDEX
JOC Staff |
2038 (Jan. 12, 1995) Previous day - 2019 The Baltic International Freight Futures Market in
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
PA. REGULATORS PROBE 5 INSURANCE COMPANIESHARRISBURG, Pa. - State regulators are investigati
PEOPLE - MARITIME
From Wire and Staff Reports |
PORT OF SEATTLE (Seattle) - Jill Johnson was appointed director of finance for the port's marine div
Maritime
SPARKS FLY IN CARIBBEAN OVER PLUTONIUM SHIPMENT
Canute James |
Several governments and environmental groups are protesting a plan to ship plutonium through Caribbe
Maritime
INSIDE TALK - ALLEN W. WASTLER CARRIERS WON'T TOUCH THIS CARGO WITH A 95- FOOT POLE
Allen W. Wastler |
Here's one to ponder: How do you get a bunch of 95-foot wooden electrical poles to the Philippines?
LATIN COUNTRIES SEND MESSAGE TO INVESTORS: "WE'RE NOT MEXICO'
James Bruce |
Latin American countries this week were scrambling to emphasize their individuality and to shore up
COST OF CREDIT
JOC Staff |
Thursday, Jan. 12, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
RUMORS FLY AS ROADWAY SLATES ANALYSTS' MEETING
Rip Watson |
A rare analysts' meeting called for next Tuesday by Roadway Services Inc. has touched off a wave of
US DOLLAR PLUMMETS AS FUNDS MOVE TO SAFE-HAVEN CURRENCIES ANALYST BLAMES "MEXICAN VIRUS'
Milan Ruzicka |
The U.S. dollar was hit from all sides Wednesday, as financial upheavals in European, North American
SPOT COMMODITIES
JOC Staff |
Jan. 12, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
HOUSE LEADER HITS PROPOSAL TO SPIN OFF TRAFFIC CONTROL
William L. Roberts |
Rep. Frank R. Wolf, R-Va., chairman of the House panel that sets funding levels for U.S. transportat
CHINA'S COTTON IMPORTS SEEN RISING AS DEMAND OUTPACES SUPPLY
Reuters |
China will have to buy significant amounts of cotton in the middle of the year as it continues to fa
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
EASTERN GERMAN PRODUCER PRICES FLAT
Knight-Ridder Financial |
Producer prices in eastern Germany were unchanged in October from September but were 1.2 percent hig
OPEC PRESIDENT TO VISIT MEMBERS TO DISCUSS GABON'S PROPOSED EXIT
Knight-Ridder Financial |
OPEC President and Indonesian Oil Minister Ida Bagus Sudjana will visit Saudi Arabia, the United Ara
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 11, 1995Brent Crude Oil - (Dollars Per Barrel)
STUDY BACKS BID FOR RIVERBOAT GAMBLING IN NJ
John Curran |
Financier Robert Brennan, who wants New Jersey to approve riverboat gambling, is not giving up despi
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 12, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
FORWARDERS, SHIPPER GROUPS UNITE AGAINST REGULATION
Journal of Commerce Staff |
The chief lobbying group for U.S. ocean shippers and an association of international freight forward
Maritime
ZURICH REINSURANCE PLANS TO BUY RE CAPITAL CORP.
JOC Staff |
Zurich Reinsurance Centre Holdings Inc., a unit of Swiss-based Zurich Insurance Group, said Thursday
SEA TRIALS - CHARLES B. ANDERSON POLLUTION ACT PRESENTS ANOTHER OBSTACLE TO TANKER OPERATORS
Charles B. Anderson |
The crisis over certificates of financial responsibility seems to be subsiding. But a new threat to
Maritime
TOTE CONTINUES TO REVIEW RATE STRUCTURE IN ALASKA TRADE
WILLIAM DiBENEDETTO |
Totem Ocean Trailer Express Inc., which provides liner service in the Alaska trade, is still reviewi
Maritime
SCHEDULING DELAY FORCES VSA SHIP TO SKIP BOSTON FOR 2ND STRAIGHT WEEK
Journal of Commerce Staff |
A ship of the Vessel Sharing Agreement of North Atlantic carriers bypassed Boston for the second wee
Maritime
LA PORT, IN WAKE OF BEST YEAR, PLANS TO SLASH STAFF BY 35%
Bill Mongelluzzo |
The Port of Los Angeles will reduce its staff by 35% and radically restructure its operations even t
Maritime
TRUCKING DEREGULATION OPPONENTS APPEAL RULING BY OKLAHOMA JUDGE
Rip Watson |
Opponents of intrastate trucking deregulation have asked the U.S. Court of Appeals to overturn an Ok
CLINTON EXPECTED TO ANNOUNCE EAST EUROPE TRADE INITIATIVES OPIC SAID TO BACK 2 INVESTMENT FUNDS
Richard Lawrence |
President Clinton is expected to announce today new initiatives further promoting U.S. trade and inv
Maritime
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