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AMERICAN LIFE TO BE AT VANGUARD OF MOVE INTO PAKISTANI MARKET
N. Vasuki Rao |
An American company will be first across the threshold as Pakistan reopens its door to foreign life
INSURANCE EARNINGS
From Wire and Staff Reports |
CIGNA SEES INCREASE IN OPERATING INCOMEPHILADELPHIA - Cigna Corp. Monday reported se
LLOYD'S TO POST MEASURES TO COLLECT DEBTS
Special to The Journal of Commerce |
Lloyd's of London - the troubled insurance market - will announce measures to recover unpaid monies
CAPTAIN HOPES PEACE WILL MEAN RELIEF FOR SUPPLIERS OF UN FORCES
Lisa Burgess |
Keeping the United Nations forces armed, fed and supplied with relief and humanitarian aid for the c
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending July 29, 1994.
Maritime
INSIDE TALK - BILL DIBENEDETTO SEATTLE REACHES DEAL TO BID FAREWELL TO "BRIDGE TO NOWHERE'
Bill DiBenedetto |
Seattle's bizarre "bridge to nowhere" - a source of jokes, wild speculation and mystery book covers
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
ADMINISTRATOR URGES PANAMA TO KEEP CANAL NONPROFIT
Reuters |
Panama should avoid turning the Panama Canal into a profit-making venture when it takes control of t
Maritime
NAVY COMMISSIONS DOUBLE-HULLED OILER
JOC Staff |
The U.S. Navy has commissioned its first double-hulled oiler, the USNS Patuxent. The craft w
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SUEZ CANAL AGENCY PLANS TOLL REDUCTIONSISMAILIA, Egypt - The Suez Canal Authority pl
Maritime
EATA CARRIERS DEFEND CAPACITY-MANAGEMENT
Janet Porter |
Shipping lines could not have coped with the current boom in European exports to Asia if they had fo
Maritime
TOP LOG, LUMBER EXPORTS FROM US
Journal of Commerce from database of Port Import/Export |
These log and lumber movements were the largest recorded from port documents, during the two weeks e
Maritime
ENVIRONMENTALISTS STUDY PROPOSAL FOR NJ ISLAND TO CONTAIN "MUCK'
Alan Abrams |
Environmentalists got a first look Monday at a proposal to dump dioxin- contaminated harbor muck int
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
DOCK LABOR TALKS DRAG AT MARSEILLESPARIS - Stevedoring employers and dockworkers at
Maritime
SHIPOWNERS WARN OF DANGERS IN IDENTIFYING DETAINED SHIPS
Janet Porter |
Publicly identifying ships that are allegedly deficient may prove counterproductive unless accompani
Maritime
MCCORMICK EXIT LATEST OF MANY AT LYKES
_ Peter M. Tirschwell |
A management shake-up begun last summer has transformed the top management of Lykes Bros. Steamship
MALAYSIA'S GDP ROSE IN QUARTER
Knight-Ridder Financial |
Malaysia's real gross domestic product grew an annualized 8.5 percent in the January-March period, c
JAPAN RESTRICTS DEFENSE GROWTH AS GOVERNMENT SETS BUDGET CEILING
Masaru Sato |
Japan's socialist-led coalition government has decided 1 to restrain growth in defense and some oper
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
CONTINENTAL CORP. (New York) - Timothy P. Mitchell was named senior vice president and chief underwr
JOURNAL OF COMMERCE - FAST FACTS US CONSTRUCTION CONTRACTS
F.W. Dodge Division, McGraw Hill Inc., New York |
In Billion of Dollars 1993 1994Non-residential building $42.3 $44.7Residentia
MATTEL EXECUTIVE WARMS UP FOR YULE
Kevin G. Hall |
With the summer sun baking the Texas countryside and the mercury in another climb over the 100-degre
UNLUCKY STARS SHINE ON APL VESSEL
Bill Mongelluzzo |
The bad karma surrounding American President Lines' vessel President Washington continues to build u
LAWMAKERS NEAR COMPROMISE ON CLINTON TRADE TALK POWERS
John Maggs |
House Democrats and Republicans are close to a compromise plan for extending President Clinton's spe
VIETNAM SEEN DRAWING INTERNATIONAL INSURERS
Janet Aschkenasy |
By the end of the year, there could be as many as four or five international insurance companies lic
PANEL WANTS VOTE ON PLAN TO OFFER SHIPYARD FUNDING
William L. Roberts |
Facing an uphill battle, House Merchant Marine and Fisheries Committee leaders will try today to get
SHIP LINES' RAIL SERVICE IN EUROPE GROWING FAST
Janet Porter |
A pioneering joint venture between three of the world's top ocean carriers to operate dedicated trai
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +16.537/25 104.97/26 104.97/27
NEW HAMPSHIRE PORT CHIEF TO TAKE HELM AT GALVESTON
Journal of Commerce Staff |
Ernest Connor, director of the New Hampshire State Port Authority, was named general manager and por
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
COST OF CREDIT
JOC Staff |
Friday, July 29, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DOLLAR'S FATE IS TIED TO OUTCOME OF US-JAPAN TALKS, ANALYSTS SAY
Milan Ruzicka |
Despite an unexpected rally against the Japanese yen late last week, the U.S.dollar is likel
SOUTH KOREA POSTS DEFICIT, GROWTH SEEN CONTINUING
Yeom Yoon-Jeong |
South Korea posted its sixth consecutive monthly current account shortfall on Friday, but economists
WISCONSIN CENTRAL UNIT TO BUY CANADIAN RAILWAY OPERATION
Reuters |
Wisconsin Central Transportation Corp. said its newly formed WC Canada Holdings Inc. subsidiary will
RUSSIAN INVESTMENT FIRM ADMITS VIRTUAL COLLAPSE
Natasha Alova |
Russia's largest investment company admitted its virtual collapse Friday, telling investors it has n
CONSTRUCTION OFF 2.9 PERCENT IN JAPAN
Knight-Ridder Financial |
Japanese construction orders in June were down 2.9 percent from a year earlier at 1.406 trillion yen
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 23, total piggyback freight hauled on the nation's major railroads equaled 1
CHINA FAILS TO SETTLE DIFFERENCES WITH WEST OVER GATT ENTRY TERMS
John Zarocostas |
China and major Western trading powers failed Friday to resolve their differences over Beijing's bid
Maritime
CHINA SEEKS FUNDS TO EXPAND ROADWAYS
P.T. Bangsberg |
The opening of a six-lane expressway in late July between Hong Kong and Guangzhou, capital of neighb
CN RIDES RAIL OPERATIONS TO STRONG QUARTERLY PROFIT
Leo Ryan |
Increased revenue from rail operations was a major factor in the C$98 million (US$72.5 million) prof
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