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Platts Containers Update
CHINESE PLANT PLANS TO BOOST BOX EXPORTS VENTURE BACKED BY US'S ACKON
P.T. Bangsberg |
An American-backed manufacturer of maritime containers in China intends to expand production and beg
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 13, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
LINKS TO IRAQ SUPPORT PORT OF AQABA
Larry Luxner |
From the docks along the Port of Aqaba, an observer can gaze out on four nations simultaneously: Egy
Maritime
PORT OF PHILADELPHIA DEFENDS LEASE TALKS WITH HOLT CARGO
Allen R. Wastler |
Criticism concerning lease negotiations with one of the main stevedores at the Port of Philadelphia
Maritime
ECONOMIC WOES TO SPUR US AIRLINE SHAKEOUT? HIGH OIL PRICES AT CORE OF PROBLEM
From Wire Reports |
High oil prices and a weakening U.S. economy may lead to a shakeout of the airline industry, killing
NAVY CHARTERS SHIPS TO SUPPLY TROOPS, INCREASES BOOKINGS
WILLIAM DiBENEDETTO |
The Navy will have to rely heavily on the merchant marine to help supply troops in the Persian Gulf,
JAPANESE SHY AWAY FROM US SECURITIES
Eric Coleman |
Japanese participation in the U.S. Treasury's August quarterly refunding was less than in past aucti
INSURANCE, FUEL CHARGES THREATEN TANKER PROFITS
Janet Porter |
The tanker industry may be entering a period of slow steaming and increased lay-ups reminiscent of
OVERSEAS SHIPHOLDING REPORTS PROFIT RISE
Journal of Commerce Staff |
Overseas Shipholding Group Inc. said net income for the quarter ended June 30 rose sharply from the
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
GUILFORD SEEKS A PROBE INTO ACTIONS BY ICC TRACKAGE CASE TURNS POLITICAL
TOM McNIFF Jr. |
Lawyers for Guilford Transportation Industries plan to turn the relative simplicity of a trackage co
AGF MOVES DEEPER INTO SOUTHEAST ASIA
Jacob Daniel |
The French insurance firm AGF International has secured a foothold in Singapore's growing industry w
INSURANCE BRIEFS
From Wire and Staff Reports |
PIA COUNSEL WARNS OF THREAT IN MEETINGSAn attorney warned independent insurance agents they
RESEARCHER SUGGESTS ALTERNATIVE COCOA USES
Knight-Ridder Financial |
Cocoa producing countries were encouraged by a Brazilian researcher to use the non-traditional chara
SHIPPERS SQUAWK AT FUEL SURCHARGES
WILLIAM DiBENEDETTO |
Shippers can do little to prevent ocean carriers from increasing their bunker fuel surcharges, but t
ECONOMIC DATA ABROAD
Wire and Staff Reports |
PRODUCER OUTPUT PRICES ROSE 0.3 PERCENT IN JULY IN UKU.K. producer output prices rose 0.3 pe
EUROPEAN LINES REPORT FIRST-HALF GROWTH
Journal of Commerce Special |
European airlines turned in a robust performance in the first half of 1990 in both passenger traffic
DAILY PETROLEUM PRICES
JOC Staff |
Monday Aug. 13, 1990 Prevailing sellers' posted prices at the close of business, representin
FREIGHT RATE FUTURES
JOC Staff |
Aug. 13, 1990 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/13 8/10 Change % Change
DAILY PETROLEUM PRICES
JOC Staff |
Friday Aug. 10, 1990 Prevailing sellers' posted prices at the close of business, representin
PEOPLE - INTERMODAL
From Wire and Staff Reports |
CSL INTERMODAL (Hunt Valley, Md.) - Richard R. Urycki was named national account manager, central r
COURT RULING HITS AMTRAK, OVERTURNS ICC DECISION
TOM McNIFF Jr. |
A federal ap- peals court in Washington ruled Friday that Amtrak used a condemnation proceeding ille
CORRECTION
JOC Staff |
The story headlined "Senate Confirms Commerce Official," which appeared on Page 4A in The Journal of
Maritime
DOLLAR'S PLUNGE PREDICTED WHEN GULF TENSIONS EASE
Gordon Platt |
Tensions in the Middle East will support the dollar in the near term, but the U.S. currency will fal
SEAFARERS, SHIPOWNERS AGREE ON NEW CONTRACT
Alan Abrams |
Shipowners and leaders of the nation's largest seafaring labor union agreed on a new four-year contr
WILL SMALLER GULF STATES BE NEXT?
Michael S. Lelyveld |
As U.S. troops take up positions in Saudi Arabia, a new concern is growing over possible threats to
SEA-LAND AND SOVIETS EXPLORE SPACE-SHARING FINAL ACCORD ON LANDBRIDGE SCHEME NEARS
John Davies |
Sea-Land Service Inc. is holding preliminary talks with the Soviet Union about sharing cargo space o
MORE WHEAT FOR IRAQ BLOCKED IN CANADA
Journal of Commerce Staff |
More than 100,000 metric tons of Ontario wheat has been blocked in elevators under Canada's trade em
Maritime
MASS. AUTO RATE HIKE BID: CASE OF DEJA VU?
TOM McNIFF Jr. |
Massachusetts' Insurance Department hearings on 1991 rates are due Sept. 5, and the Automobile Insur
OIL PRICE RISE SEEN AIDING ECONOMIES OF LATIN DEBTORS
Knight-Ridder Financial |
The surge in oil prices triggered by the Persian Gulf crisis may boost the economies of major heavil
GULF CRISIS MAY BENEFIT VIETNAM
P.T. Bangsberg |
Vietnam "is the most interesting place to watch" as Asia struggles to cope with the energy ramificat
Maritime
SHIPBUILDING ORDERS HIT 13-YEAR HIGH
Janet Porter |
The world's shipbuilding order book now stands at its highest level in 13 years after a sharp jump i
Maritime
DELAY IN DREDGING CALLED THREAT TO NORTHERN CALIFORNIA SHIPPING
Wayne Lee |
Failure to deepen shipping channels in the San Francisco Bay Area could kill the region's maritime
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
DOW EXPECTS INCREASE IN POLYURETHANE USEGlobal demand for polyurethanes will grow by about 3
BRAZIL FINDS SUBSTITUTES FOR IRAQI CRUDE OIL
James Bruce |
Brazil, once Iraq's biggest oil import customer and trade partner in South America, is looking for a
ASIAN FUTURES
JOC Staff |
Aug. 10, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
COST OF CREDIT
JOC Staff |
Fri., Aug.10, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 9, 1990CRUDE OIL(1,000 barrels; dollars and cents
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
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