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POWER STRUGGLE IN PAKISTAN
Fakhr Ahmad |
Pakistan's opposition leader, Benazir Bhutto, has threatened to go to court to defend an ambitious K
CONOCO PLAN GETS APPROVAL
Bridge News |
The minister of energy in Trinidad and Tobago announced that Conoco has been awarded two exploration
REGULATORS GIVE CONDITIONAL NOD TO CALIFORNIA UTILITIES MERGER
Associated Press |
Federal regulators gave conditional approval to a $5.2 billion merger between Pacific Enterprises an
GERMANY EXPECTS INCREASE IN IMPORTS OF STEAM COAL \ REMOVAL OF SUBSIDIES MAY PROMPT BIG SHIFT
Robert Koenig |
Germany, which imported more coal last year than it had in any year since 1957, is likely to sharply
WEEKLY COAL EXPORTS \ WEEK OF JUNE 16 - 20, 1997
PIERS, New York |
Only table.
IFC COMMITS FUNDS TO MOZAMBIQUE SMELTER
Bridge News |
The International Finance Corp. will invest $120 million toward the construction of an aluminum smel
INSURANCE SALESMAN WINS $1 MILLION IN COMPANY CONTEST
Associated Press |
Insurance annuity salesman and financial planner Michael Snyder is making plans for the $1 million h
DAILY PETROLEUM PRICES
JOC Staff |
Thursday June 26, 1997Prevailing sellers' posted prices at the close of business, representi
MMI AGREES TO ACQUIRE UNIONAMERICA HOLDINGS
Associated Press |
MMI Cos. Inc. has agreed to acquire Unionamerica Holdings PLC for about $186.3 million.Under
RELIANCE GROUP ENTERS CHINA THROUGH ACCORD WITH HUATAI
Journal Of Commerce Staff |
Continuing its expansion in the Asia-Pacific region, Reliance Group Holdings, Inc. announced Wednesd
LIBERTY MUTUAL EXPANDS BASE WITH ACQUISITION OF M&B
Associated Press |
Liberty Mutual Group has agreed to buy Merchants & Business Men's of Harrisburg, Pa.''M&B's
BRIEFS
From Wire Reports |
BP DISPUTE HEADSTO COLOMBIA'S CONGRESSBOGOTA, Colombia - Colombia's President Ernesto Samper
RUSSIA WON'T OBJECT TO CHECHNYAN OIL ROLE
Bridge News |
Russia's pipeline monopoly, Transneft, says it will not object to Chechnya becoming a participant in
BRIEFS
From Wire and Staff Reports |
INTERMARINE UNVEILSNEW LATIN ROUTESNEW ORLEANS - Intermarine, owned by Industrial Maritime C
PEOPLE ON THE MOVE
From Wire and Staff Reports |
MCDONNELL DOUGLASPerry Cain was appointed manager of community relations for McDonnell Dougl
CARRIERS URGED TO CHANGE ATTITUDES
Journal Of Commerce Staff |
The chairman of the European Shippers' Council is calling for a change of attitude from the supplier
SHIP LINES BITE BULLET BOND DEALS
Alan Gersten |
When the chairman called for Michael Hudner to give his presentation at the Eighth Annual Ship Finan
RUSSIA CUTS RATES IN BID TO BOOST SAGGING RAIL REVENUE
Journal Of Commerce Special |
Russia's Rail Ministry is cutting cargo rates, effective July 1, in a bid to raise volume and revenu
YELLOW OFFERS FULL BOXLOAD SEA SERVICE TO EUROPE, ASIA
Journal Of Commerce Staff |
Yellow Freight System Inc., one of the largest trucking companies in the United States, is using oce
US SEEMS TO BE SHIFTING AWAY JUST A BIT FROM "OPEN SKIES' DEMANDS WITH JAPAN
Michele Kayal |
The term ''open scheme'' seems to have crept into the U.S. lexicon of air service talks with Japan,
TAX GROUP TO CONGRESS: DUMP JONES ACT OR ELSE
Tim Sansbury |
A prominent taxpayer watchdog group put U.S. lawmakers on notice this week that their support for th
EUROPE-ASIA RATES SEEM STABLE, FOR NOW
Janet Porter |
The chairman of P&O Nedlloyd said he is moderately optimistic about freight rates in the Europe-Asia
CONTAINER PILEUP \ OPERATORS, LESSORS TAKE STEPS TO STEM INEQUALITY IN EQUIPMENT FLOWS
Richard Knee |
Containership operators and container lessors are taking steps to reduce the imbalance in equipment
VALUJET'S FINANCE CHIEF SAYS PROFITABILITY IS ON THE HORIZON
Andrew Blum |
ValuJet Airlines Inc. is hoping for profit in the third quarter as it continues to recover from a cr
STATES MULL BILLS ON BARGE SAFETY \ MEASURES AIMED AT FORCING COAST GUARD TO SET RULES
TOM McNIFF JR. |
Two New England state legislatures are acting this week on bills aimed at forcing the Coast Guard to
X-RAY MARKS THE SPOT \ BOX SCANNERS REVOLUTIONIZING PORT INSPECTIONS IN GERMANY
Robert Koenig |
Bags of African cashew nuts conceal a ton of marijuana. A container loaded with Lithuanian scrap met
SHIP LINES SHRUG OFF BOX PRICE MOVE \ CHINA'S INCREASE HASN'T HURT MUCH _ SO FAR
Richard Knee |
Shipping lines seem unfazed by a recent 10 percent jump in Chinese container prices after Beijing se
SHIP INSURANCE COSTS STAY LOW \ MINOR INCREASES, IF ANY, EMERGE IN RENEWAL OF P&I PREMIUMS
Helen R. Macleod |
Insurance costs for shipowners and operators' liability, or protection and indemnity, seem likely to
CERES CHIEF HAD A DREAM \ GREEK FOUNDER SHOWED THE US A THING OR TWO ABOUT TERMINALS
Tom Baldwin |
Chris Kritikos had worked on ships and around the waterfronts of Europe when he arrived in the Unite
LATIN AMERICAN PORTS PROCEED TO PRIVATIZE \ TREND PACES DEVELOPMENT OF OTHER SECTORS
Kevin G. Hall |
Port privatization has become a linchpin of Latin American economic liberalization efforts.E
MANAGEMENT, SALES OFFER TOP SALARIES \ CLERICAL PAY FOUND LACKLUSTER
Bill Mongelluzzo |
People who want to make a career in the ocean shipping business better shoot for sales and managemen
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
DOLLAR DOWN AGAINST YEN AFTER SURVEY IN JAPAN
Bridge News |
The U.S. dollar dived against the Japanese yen Wednesday after the Bank of Japan's June ''tankan'' b
BRIEFS
From Wire and Staff Reports |
CALIBER ANTICIPATESIMPROVED NET INCOMEPITTSBURGH - Caliber System Inc. told analysts that it
MUSSEL STUDY APPROVED FOR 3 MORE YEARS
Associated Press |
The national Sea Grant College Program will be funded for another three years, including $2.8 millio
ANDEAN COMMUNITY URGES UNITY
Bridge News |
Andean Community foreign ministers opened their meeting Wednesday with a call for unity and increase
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGExport Documentation, Procedures and Letters of Credit. Seminars in July and August s
MORE INTERNATIONAL STANDARDS AGREEMENTS DOWN THE ROAD
Richard Lawrence |
The half-dozen testing and certification accords initialed by the United States and the European Uni
PEOPLE ON THE MOVE
From Wire and Staff Reports |
RYDER SYSTEM INC.Vicki A. O'Meara was named executive vice president and general counsel of
OMI PLANS TO ACQUIRE MTL \ PRINCIPLES OF DEAL HAVE BEEN APPROVED
Bridge News |
OMI Corp. said it reached an agreement in principle to acquire Marine Transport Lines.The pr
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