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FREIGHT RATE FUTURES
JOC Staff |
June 26, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CALIF. REFINERS EXPECT CHANGES IF SHELL SELLS OR CLOSES PLANT
Keith Sawyer |
Broad changes could be in store for the California crude and products market as a result of Shell Oi
GASOLINE PRICES
JOC Staff |
June 26, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,295-$1,305 per ton lots & in warehouse min. 99.
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 25, 1991CRUDE OIL(1,000 barrels; dollars and cents
FMC RATE PROBE HEATS UP DEBATE
Tom Mcniff Jr. |
The Federal Maritime Commission will spend much of the hot Washington summer considering whether cha
COSCO PUTS FOCUS ON IMPROVING RATES, SERVICE ON PACIFIC ROUTES
John Davies |
China Ocean Shipping Co. is seeing some improvement in volume on trans- Pacificro utes, but is stick
Maritime
IMC HOLDINGS POSTS BIG DROP IN PROFIT
P.T. Bangsberg |
Lower rates for dry cargo after Iraq's invasion of Kuwait, coupled with softer economies in general,
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
INDUSTRIAL PRODUCTION ROSE IN JAPAN FOR MAYTOKYO - Japan's industrial and mining production
VENEZUELAN OIL COMPANY DRAWS CRITICISM FOR FOREIGN EXPLORATION, DRILLING PROJECTS
Scott Norvell |
Increasing interest by Venezuela's state-owned oil company in exploration and drilling elsewhere in
CANADIAN P/C PROFIT PICTURE IMPROVES, INDICATING DOWNTREND HAS BOTTOMED OUT
Leo Ryan |
The downward trend in underwriting profitability in Canada's property/ casualty industry may be bott
SATURN CAR HAULERS BELONG TO UNION WITH MOB TIES, TEAMSTERS CHARGE
Knight-Ridder Newspapers |
Drivers hauling cars from the Saturn Corp. plant in Tennessee belong to a Chicago union with links t
ROOM APLENTY FOR RATE HIKES
John Jacobs |
Viewed on a global basis, rates and vessel utilization have plenty of room to climb. Hans Pe
RAILROADS SMELL PROFITS IN TRAINLOADS OF TRASH
John Davies |
Growth in the containerized handling of garbage over the next few years is likely to generate more r
MARSEILLES FEELING PINCH OF RECESSION
Jacques Neher |
The Port of Marseilles-Fos is feeling the triple-barrel effects of the world economic downturn, a st
AMOCO AGREES TO DEVELOP SOVIET OFFSHORE OIL FIELD
John N. Maclean |
Amoco Corp. completed a major oil-production agreement with the Soviet Union to develop a field 90 m
SPOT PRODUCT PRICES
JOC Staff |
June 26, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 26, 1991Bid AskedCopper-
TRANSPORT CALENDAR
JOC Staff |
Council of Logistics Management, New York chapter, June 28. Sea-Land Service Inc. executives discuss
RAILS STAND TO GAIN FROM AMENDMENTS TO CLEAN AIR ACT LONGER COAL HAULS, NEW CUSTOMERS LIKELY
Bill Mongelluzzo |
Railroads should be "salivating" over the potential increase in coal traffic that will be generated
HOUSTON PORT FACILITY HALTS BOOKINGS
Gary Taylor |
Omniport, this city's highly publicized $80 million automated bagged cargo handling facility, has st
BN, HUNT INK INTERMODAL JOINT VENTURE
Geoffrey H. Brown |
Burlington Northern Railroad Co. and J.B. Hunt Transport Services Inc. signed an agreement to start
MASS. REGULATORS HOPE TO EXPLOIT FRENCH CONNECTION STATE, PRIVATE SECTOR TARGET INVESTMENT
TOM McNIFF Jr. |
If regulators allow it, Boston Edison Co. would offer incentive rates as well as teach energy conser
Maritime
SPECTER OF CENTRAL BANK SALES HAUNTS WORLD GOLD PRODUCERS
(Reuter) |
Gold industry hopes of a price recovery to above $400 an ounce are being undermined by fears that ce
EXPORTS OF PREFABRICATED HOUSES COULD BENEFIT CONTAINER CARRIERS
Chris Dupin |
U.S. builders of prefabricated housing are looking abroad for growth opportunities, a move that coul
PREMIUM THEFT INVESTIGATION IS CLOSED
Lorraine Iannello |
Manhattan District Attorney Robert M. Morgenthau closed an investigation into an insurance swindle i
FRENCH INSURERS REPORT INCREASE IN SALES ABROAD
Barbara Casassus |
French insurers posted strong gains in overseas revenues in 1990, but domestic sales growth for the
FREE-FALLING NATURAL GAS PRICES PROMPT INDUSTRY SHAKEOUT FEARS
(Reuter) |
Natural gas prices are in a free fall and show no signs of bottoming, as the industry, burdened by e
C&F TO TRANSFER MARINE BUSINESS TO COMPETITOR
Brigitte Maxey |
Crum and Forster Inc. of Basking Ridge, N.J., has agreed in principle to transfer all renewal busine
INVENTORIES OF CRUDE OIL INCREASED LAST WEEK, API SUPPLY BULLETIN SAYS
Journal of Commerce Staff |
U.S. crude oil stocks were up by 1.7 million barrels during the week ended June 21, compared to the
AVIATION AGENCY LAGS ON STUDY OF CARGO SECURITY FOR CONGRESS LAWYERS 'HAGGLING' OVER LANGUAGE
Mark B. Solomon |
The Federal Aviation Administration is five weeks overdue on releasing a congressionally mandated st
TWO-YEAR MASS. STUDY WILL EXAMINE THE FEASIBILITY OF GRAND RAIL DESIGNS
TOM McNIFF Jr. |
Massachusetts transportation officials are in the throes of separating political demands from realit
SPOT COMMODITIES
JOC Staff |
June 26, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DOMESTIC TENSIONS CURTAIL ATTENDANCE AT LUSOPHONE CONFERENCE
Paula L. Green |
The star of the show didn't make an appearance in Lisbon this weekend. Nobody from Angola re
Maritime
CHICAGO MERC TO HELP PANAMA FORM EXCHANGE
Kevin Commins |
The Chicago Mercantile Exchange has agreed to help the government of Panama set up a regional financ
ILA PRESIDENT PROMISES TO ASSIST BREAKBULK SHIPPERS
Craig Dunlap |
John Bowers, president of the International Longshore- men's Association, pledged this week to help
Maritime
JAPAN AIRLINES MOVES TO UPGRADE CARGO FACILITY AT JFK AIRPORT
Ira Breskin |
Japan Airlines will sell $115.5 million in tax exempt city revenue bonds this week to renovate and e
FRANCE'S LE HAVRE PORT TO BOOST BOX CAPACITY
Kevin Commins |
The Port of Le Havre, France, soon will begin dredging work to increase its container-handling capab
Maritime
WEST COAST PORTS PLAN EXPANSIONS OTHERS MORE CAUTIOUS, CITING SEAGIRT TRAFFIC
Leeann Lodder |
During the latter half of the 1980s, competition among ports for steamship lines was fierce. In sear
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