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DAILY PETROLEUM PRICES
JOC Staff |
Thursday Jan. 30, 1997Prevailing sellers' posted prices at the close of business, representi
BRIEFS
From Wire and Staff Reports |
64 DOMINICANS RESCUEDFROM SINKING SAILBOATSAN JUAN - The U.S. Coast Guard rescued 64 Dominic
FELIXSTOWE HAS A RECORD YEAR
Journal Of Commerce Staff |
The Port of Felixstowe recorded another record year, with container traffic up 7 percent in 1996. Br
COLOMBIA OPENS RAIL BIDDING \ FERROVIAS TAKING OFFERS FOR ITS ATLANTIC SYSTEM
Charles W. Thurston |
Colombia's Empresa Colombiana De Vias Ferreos, or Ferrovias, this month began accepting bids for its
FROM THE MISSISSIPPI TO THE PUGET
Foss Maritime Photo |
Photo only.
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ANACOSTIA & PACIFIC CO.George Stern, former president of the Chicago & Illinois Midland Rail
RICHMOND PORT RACKS UP 4TH YEAR OF VOLUME GAINS
Tim Sansbury |
Cargo at the Port of Richmond, Va., rose 12.5 percent in 1996, stretching the port's streak of annua
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
PLUNGING APL EARNINGS REFLECT BATTLE SCARS FROM PACIFIC RATE WAR
Peter Tirschwell |
APL Ltd., the second-largest U.S.-ship line, reported fourth-quarter and full-year 1996 earnings thi
JOURNAL OF COMMERCE - FAST FACTS \ US NEWSPRINT TO CHINA
PIERS database, New York |
No text.
PARISE STEPS DOWN AFTER CONVICTION
Tim Shorrock |
Louis Parise, president of the National Maritime Union, has resigned from office and severed all con
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 29, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
20-SOMETHINGS, TEEN-AGERS CAN'T GET ENOUGH US SPORTSWEAR
Coco Kubota |
U.S. exporters are now covering the Japanese market - or at least many of the people in it. Driven b
DOLLAR FLIES OVER YEN BUT DROPS AGAINST MARK
Bridge News |
The U.S. dollar was mixed in choppy trading Wednesday, but surged to another near-4-year high above
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 2, '96 - Jan. 29, '97 (a graph)* An
BRIEFS
From Wire and Staff Reports |
INDONESIA 'NATIONAL CAR'SOON WILL BE MADE THEREJAKARTA, Indonesia - After blowing previous d
Maritime
EU AND US NEAR A DEAL ON STANDARDS CERTIFICATION
Richard Lawrence |
The United States and the 15-nation European Union hope this week to conclude agreements that could
SANCTIONS AGAINST IRAN ARE WORKING, D'AMATO SAYS \ SENATOR CITES EFFECTS ON FOREIGN INVESTMENT
Michael S. Lelyveld |
Citing statements by both Western and Iranian oil officials, Sen. Alfonse D'Amato claimed success fo
ADB BECOMES 1ST OVERSEAS INVESTOR IN THE EVERBRIGHT BANK OF CHINA
Bridge News |
The Asian Development Bank has become the first international financial organization to hold interes
Maritime
TEXTILE PACT PROGRESS CITED
Reuters |
China and the United States are making progress in talks to extend a bilateral textile accord and re
Maritime
TELECOMMUNICATIONS DEPARTMENT IN INDIA TURNS DOWN 2 PRIVATE BIDS
N. Vasuki Rao |
Liberalization of India's telecommunication market took a hit this week when the Department of Telec
Maritime
QUOTE TO NOTE
Gary Jacobs, President, Laredo National Bank |
''The trade community should judge the relative efficiency of any port, not an academician.''
Maritime
14-COUNTRY TRADE INITIATIVE OKS PROJECTS
Journal Of Commerce Special |
Ministers and senior officials from 14 countries, including the United States, agreed Wednesday to l
Maritime
CORRUPTION CARRIES HEAVY PRICE IN VIETNAM
Ron Corben |
Vietnam's government is making clear to officials they could face a firing squad if found guilty of
Maritime
BRIEFS
From Wire and Staff Reports |
CANADA'S CHAN URGESMORE TRADE LIBERALIZATIONOTTAWA - Canada's Secretary of State for Asia-Pa
Maritime
S. KOREA PROBES BANKS OVER HANBO
Reuters |
South Korean authorities Wednesday opened a special probe into main creditor banks of the debt-stric
Maritime
COMMERCIAL FISHING IMPACT ON SALMON TO BE STUDIED
Journal Of Commerce Staff |
A Columbia and Snake river coalition of commercial interests applauded a U.S. government decision to
Maritime
MANUFACTURERS PROMISED MODEST REVIVAL OF PAST GLORY
Gene Linn |
The man preparing to lead Hong Kong into the next century says his government will revive the falter
PROTECTING THE GOLDEN GOOSE
P.T. Bangsberg |
What happens after 1997 ''is 1998,'' the current quip has it. By most accounts, that's exactly what
SIGNS OF SUCCESS OR FAILURE OF TRANSITION SHOULD BE EVIDENT IN A YEAR, ANALYSTS SAY
Gene Linn |
The world's attention this July 1 will focus on the handover of sovereignty in this flamboyantly cap
NEW AIRPORT WAITING IN THE WINGS \ $20 BILLION FACILITY FORMALLY OPENS IN '98
P.T. Bangsberg |
It will be the middle of the night, and only an executive-type jet, but Hong Kong's new airport will
LEADERS WRANGLE OVER CIVIL LIBERTIES
Reuters |
Hong Kong's Governor Chris Patten and its future chief executive went head to head recently over pro
SOUTHERN CHINA AIDING HONG KONG
Gene Linn |
Growth surged in southern China's ports along the Pearl River in 1996, while neighboring Hong Kong s
BROAD US INTERESTS FOCUS INTENTLY ON CHANGEOVER
William Roberts |
After more than 150 years of British colonial rule, Hong Kong will revert to Beijing's control in fi
BRIEFS
From Wire and Staff Reports |
AIG, AETNA TO ENTERMEXICAN PENSION MARKETNEW YORK - American International Group and a unit
LATIN INSURERS CASH IN ON RATES FOR REINSURANCE
Margo D. Beller |
Too much success can be bad for business, especially for reinsurers operating in Latin America.<
LAWMAKER RIPS INSURERS OVER JUA
Associated Press |
Insurance companies have a ''sinister desire'' for the state to create a permanent hurricane fund to
BRIEFS
From Wire and Staff Reports |
DOOMED PLANE CARRIEDNO MISSILES, EL AL SAYSJERUSALEM - Israel's El Al airlines denied a news
INDIAN AVIATION PLAN DISMISSED AS FLAWED
N. Vasuki Rao |
The long-awaited aviation policy unveiled late last week was dismissed by analysts as lacking in vis
ALASKA AIR'S '96 PROFIT SEES DOUBLE
Journal Of Commerce Staff |
Alaska Air Group, parent of Alaska Airlines and Horizon Air, posted its second-best year in 1996 wit
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