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MARITIME BRIEFS
From Wire and Staff Reports |
NEW TRAIN TO OPERATE AT TWO GERMAN PORTSSOUTH PLAINFIELD, N.J. - To meet demand created by t
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 4, 1993 Quotations are based on prices reported in the market or obtained from su
JAPAN BRACES FOR PLUTONIUM PROTESTERS
(Reuter) |
Police and protesters drew battle lines in this small Japanese port town late Monday ahead of the ar
Maritime
FUTURES EXCHANGES SET RECORD IN '92 ON NEW CONTRACTS
Cathy Kristiansen |
In 1992, not only did U.S. futures exchanges create a record number of new contracts that they wante
INSURANCE BRIEFS
From Wire and Staff Reports |
AETNA REPORTS NOR'EASTER LOSSESHARTFORD, Conn. - The Nor'easter that ripped through
PEOPLE - INSURANCE
From Wire and Staff Reports |
GENERAL REINSURANCE CORP. (Stamford, Conn.) - Richard H. Napier was promoted to manager ofthe casual
NY INSURANCE SUPERINTENDENT BLASTED FOR EMPIRE BLUE CROSS RATE INCREASE
From Wire and Staff Reports |
Superintendent of Insurance Salvatore R. Curiale's decision to grant Empire Blue Cross and Blue Shie
O&Y TRANSFERS OFFICE BUILDING IN TORONTO TO PRUDENTIAL INSURANCE
(Reuter) |
Troubled Olympia & York Developments Ltd. has transferred ownership of one of its prime Canadian pro
EXPANDED LIST OF CATASTROPHE FUTURES LURES SOME INSURERS
John Boyd |
After a very slow start for its first round, the Chicago Board of Trade unveiled a broad new list of
UNDERWRITERS FOR LLOYD'S SEE RISE IN RATES, PREMIUM INCOME
Janet Porter |
A survey of British industry has found insurance rates and premium income moving upward for some Llo
INSURERS FIND LEGAL FEES SOARING IN COMMERCIAL LIABILITY CASES
Paul Dykewicz |
Insurance companies' legal fees in commercial liability cases have skyrocketed in recent years, a st
JOURNAL OF COMMERCE - FAST FACTS US-EAST ASIA OCEAN CARGO
JOC Staff |
No text.
UNITED EC TO HAVE LITTLE IMPACT ON SHIPPING
Bruce Barnard |
A European single market in shipping will be a long-time coming. Unlike air and road transpo
EC DIRECTIVES ON PROCUREMENT CHALLENGE US
John Maggs |
U.S. officials and industry executives are greeting the Jan. 1 launch of the European Community's si
PROJECTS TO HELP THE ENVIRONMENT GROW COSTLY FOR W. COAST PORTS
John Davies |
West Coast ports currently are spending almost $200 million on environmental projects,cleanups of in
Maritime
CONFLO LINES EXTENDS SERVICE TO RUSSIAN PORT
Journal of Commerce Staff |
Conflo Lines will extend its U.S.-Russia service to Arkhangelsk, Russia's main White Sea port, the c
Maritime
SCRAP STEEL IMPORTS HIT INDIAN SHIPBREAKERS
N. Vasuki Rao |
The Indian ship demolition industry says it is facing a crisis because of heightened competition fro
Maritime
LITTLE FANFARE ACCOMPANIES DROPPING OF INTERNAL BARRIERS
Keith M. Rockwell |
Somewhere along the way, one of Europe's great postwar achievements became overshadowed by loftier p
EXECUTIVES TAKE OVER ALLIED MARINE
Gus Carlson |
Winthrop P. Rockefeller has sold controlling interest in Allied Marine Group, the world's largest de
Maritime
DRY-BULK CHARTER RATES TO WEAKEN, BROKERS SAY
Janet Porter |
Freight rates closed 1992 at their highest level since February, so an otherwise grim year for large
EX-IM BANK STRIVES TO EASE EXPORTERS' INSURANCE BURDEN
Paul Dykewicz |
The U.S. Export-Import Bank is drafting a program designed to take some of the pain out of the insur
WASHINGTON STATE PROPOSES SHIP FEE FOR SPILL AID
Journal of Commerce Staff |
All vessels calling in Washington state - freighters, barges, tankers and even tugs - would have to
Maritime
UPS IS WEIGHING RATE HIKES SIMILAR TO THOSE OF LAST YEAR
Mark B. Solomon |
United Parcel Service is weighing an array of rate increases that will closely resemble the price ad
MARITIME UNION ELECTION RULES FAVOR OFFICIALS, SEAFARERS CHARGE 5 MEMBERS FILE SEPARATE APPEALS
Tim Shorrock |
Five members of a maritime union have filed separate protests against a recent union vote, saying th
Maritime
BALTIA AIR GETS NEW LEASE ON LIFE WITH $10 MILLION INVESTMENT LOAN
Mark B. Solomon |
An investment firm has agreed to lend $10 million to Baltia Air Lines, removing a major hurdle to th
COST OF CREDIT
JOC Staff |
Thursday, Dec. 31, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
US WILL GIVE TO POLAND FUND
(Reuter) |
The United States said Wednesday it will contribute nearly $200 million to a new international fund
SINO-FRENCH SUBWAY SPAT MAY AID US FIRMS
P.T. Bangsberg |
U.S. companies, including Westinghouse Electric Corp., may get a better chance at a US$1 billion Chi
CHINA'S BOOMING ECONOMY MAY STRAIN INFRASTRUCTURE IN '93
Knight-Ridder Financial |
Expected rapid growth in China's economy next year will stretch the country's infrastructure to the
FAA MAY LIFT O'HARE CURBS
Knight-Ridder Newspapers |
The Federal Aviation Administration has proposed loosening its restrictions on takeoffand landing sl
ITALY'S ASSET SELL-OFF PROGRAM RUNS INTO SOME POLITICAL SNARLS
P.K. Semler |
Italy's plan to sell up to 27 trillion lire ($18.3 billion) in state assets hit a series of roadbloc
SMALL US BUSINESSES CUT OUT OF KUWAIT DEALS
Rebecca Smith |
As soon as the Persian Gulf war ended, Alan Dones began hunting for Kuwaiti reconstruction contracts
TNT FREIGHTWAYS BEGINS MAJOR PUSH FOR CUSTOMERS OF LOGISTICS SUBSIDIARY
Dane Hamilton |
After months on the drawing board, TNT Freightways Corp. announced last week it is moving full speed
PEOPLE - TRANSPORT
From Wire and Staff Reports |
DAKOTA, MINNESOTA AND EASTERN RAILROAD (Brookings, S.D.) - Kurt V. Feaster was named chief financial
TRANSPORT BRIEFS
From Wire and Staff Reports |
AGENCY PUBLISHES BOOK ON TRUCKING IN MEXICOU.S. companies with an eye on the Mexican truckin
AGREEMENT OPENS THE DOOR TO TWA'S CHAPTER 11 EMERGENCE
Journal of Commerce Staff |
A judge's approval last week of the agreement between Carl Icahn, chairman ofTrans World Air
VIETNAM COULD SEE REPEAT OF '92'S RISE IN OUTSIDE FUNDING IF US ENDS BAN
(Reuter) |
Foreign investment in Vietnam leaped to almost $2 billion last yearand could rise sharply again in 1
ICC: COAL-HAULING RAILROAD IS AN EXEMPT PRIVATE CARRIER
Stephanie Nall |
A new railroad being constructed by a subsidiary of Burlington Resources Inc. to haul coal from a ne
EUROPEAN AIR FARE WAR SIGNALS ARRIVAL OF "OPEN SKIES'
Keith M. Rockwell |
The European Community's single market may not be all its planners had hoped, especially regarding a
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