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COAL BRIEFS
From Wire and Staff Reports |
OCCIDENTAL ABANDONS STAKE IN CHINA MINEOccidental Petroleum Corp. virtually abandoned its mu
BARRY PARKER'S FUTURES & SHIPPING
JOC Staff |
Ocean freight futures prices remained firm last week, but appeared to consolidate before making a po
Maritime
PORTS UNWILLING TO PAY THE PRICE FOR EXPANSION
Larry Hall |
New ways of handling cargo are saving time and money at modern breakbulk ports. They include storage
MARITIME BRIEFS
From Wire and Staff Reports |
FIRM PAYS $407 MILLION FOR ZAPATA AFFILIATETidewater Inc. said it will pay an estimated $407
Maritime
AVIVA FREUDMANN'S INSIDE TALK ON INSURANCE
Aviva Freudmann |
A NEW KIND OF POTOMAC FEVER has broken out: preoccupation with the insolvency of insurers, particula
DESPITE PROBLEMS, LLOYD'S PLANS TO EXPAND GROUP NAMES BROKER IN US TO GENERATE MORE INCOME
Russ Banham |
A leading Lloyd's of London broker recently set up a satellite office in the United States to act as
EXPORTS OF LEAD FROM US CONTINUE DESPITE THREAT TO HEALTH, ENVIRONMENT
Christopher Scanlan |
Nearly 20 years after the federal government began taking the lead out of gasoline to protect the na
Maritime
TUMBLING ALONG WITH FLUCTUATING EXCHANGE RATES ROLLING WITH EXCHANGE RATE DIPS
Keith M. Rockwell |
In the world of international commerce, every company must deal with the risk of ever changing curre
AIR CARGO REVIEW
JOC Staff |
May 29 - The Supreme Court let stand a lower court ruling holding the Pan American Corp. must pay fo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/21 6/20 Change % Change:
US, JAPAN SEEN LIKELY TO AGREE ON LOWER RATES, WEAKER DOLLAR
Knight-Ridder Financial |
As finance ministers and central bank chiefs from key industrial nations prepared to gather in Londo
HONGKONG TELECOMS' RIVAL TAPS US GIANTS
P.T. Bangsberg |
A Hong Kong telecommunications company is teaming up with two U.S. industry giants to put pressure o
CARGO SHIFT PROMPTS NEW LOOK AT BOXSHIPS
Mark Magnier |
The pricing coup that allowed non-containerized ocean carriers to walk away with 50 percent of the t
TOP TOKYO BROKERS ADMIT DEFRAYING CLIENT LOSSES, LENDING TO CRIME BOSS
A.E. Cullison |
Executives of two of Japan's largest brokerage houses admitted Friday that their companies paid $241
BANGEMANN SAYS EC WON'T BOW TO PRESSURE FOR MORE PROTECTIONISM
Bruce Barnard |
Martin Bangemann, vice president of the European Commission, vowed the European Community will not b
Maritime
GERMAN TRANSPORT EXECUTIVE CITES PLUSES AND MINUSES OF UNIFICATION
Miriam Widman |
For Klaus-Dieter Schepull, the first year of German currency union hasn't been bad at all. He has a
JAPAN REFINERS WELCOME 3RD PARTIES
Knight-Ridder Financial |
Japanese refiners have opened their plants to third-party processing by foreign companies, say refin
HOWARD SIMON'S SIMON SAYS
Howard Simon |
SOVIET METAL TRADERS ARE PLAYING THEIR DEALS close to the vest after recent price declines on the Lo
LEVANT VESSEL LEAVES CHARLESTON PORT AFTER FEDERAL COURT VACATES ARREST
Erich E. Toll |
South Carolina port officials plan to appeal a federal court ruling last week that ordered the relea
Maritime
SIMEX GASOIL CONTRACT VIABLE, TRADERS SAY
Mark Hillier |
A new gasoil contract on the Singapore International Monetary Exchange appears viable for industry h
NEW DESIGNS ARE KEEPING FLEET AFLOAT
Larry Hall |
Modern breakbulk ships are flourishing as carriers of steel, forestry and paper products, refrigerat
TEXAS CLAMPING DOWN ON REFINERY EMISSIONS
(Reuter) |
After living in harmony with the state's powerful oil industry for more than a century, Texas state
FORWARDERS FIND REAL LACK OF CAPACITY
Gary Taylor |
The region's air cargo debate has ensnared freight forwarders. Forwarders are eager to arran
BREAKBULK CONFERENCE FOCUSES ON VITAL OPTIONS
Craig Dunlap |
Despite the container and intermodal revolutions, the predicted demise of traditional breakbulk ship
Maritime
INSPECTIONS SPARK PORT CONTROVERSY
Michael S. Lelyveld |
Why do so many New England importers ship through New York instead of Boston? Shippers and p
WILLIS CORROON SEEKS NEW NAME, STRUCTURE
From Wire Reports |
The board of Willis Corroon PLC will seek shareholders' approval in the autumn to change the company
INDIA PROJECTS 20 PERCENT GROWTH IN EXPORTS AFTER SHARP SLOWDOWN IN PREVIOUS YEAR
N. Vasuki Rao |
The Commerce Ministry has tentatively set an export target of 402 billion rupees (US$19 billion) for
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Asean 1991 and Beyond. June 24. Research Triangle Park, N.C. Contact Heather
Maritime
BURGEONING OMAN LOOKS TO FUTURE WHEN OIL WEALTH WILL DRY UP
(Reuter) |
Oman is preparing for the day when it no longer has the oil wealth that transformed it over the past
MUNICH, WARSAW EXPAND SITES CARGO, TRADE GET EMPHASIS
Miriam Widman |
New airports are going up in Munich and Warsaw to increase trade and traffic. At the Bavaria
CALENDAR
JOC Staff |
Essential of Explosives Transportation, July 30-Aug. 1, Tropicana Hotel, Las Vegas. Contact: Teresa
SPOT COMMODITIES
JOC Staff |
June 21, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
TRADE BRIEFS
From Wire and Staff Reports |
US AEROSPACE FIRMS SOUGHT FOR MISSIONWASHINGTON - The Commerce Department is inviting U.S. a
Maritime
'HEAVENLY' DOWNPOURS BOOST MISSOURI BARGING
John Boyd |
Before this year's Missouri River barge season opened in April to yet another round of drought-induc
TACOMA PORT READY FOR FIRST CONTAINERS FROM EVERGREEN
John Davies |
The first containers to be moved through Evergreen Marine Corp.'s new Pacific Northwest terminal wil
Maritime
NEW HAZARDOUS MATERIALS RULES CREATE A SHIPPER-CARRIER CONFLICT
Kevin Commins |
New hazardous materials transportation regulations are creating strains between shippers and carrier
MARITIME EXECUTIVE SEES 4-TIER TANKER MARKET
Alan Abrams |
Better-built and better-managed oil tankers are attracting longer leases but aren't fetching higher
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
SHIPOWNERS FACING SELLER'S MARKET AS MILITARY LOOKS FOR MORE ROLL-ONS
Bruce Vail |
One outcome of the Persian Gulf war has been a desire by the U.S. government to buy more roll-on, ro
Maritime
TRADERS AWAIT GROUP OF 7 SIGNALS ON POSSIBLE DOLLAR RATE INTERVENTION
Gordon Platt |
Currency traders are watching and waiting for possible central bank intervention to block the dollar
Maritime
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