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NEW AIRPORT TO BE VITAL GATEWAY
Linda Chong |
As Britain prepares to lower the Union Jack and pack up from its last significant colony, many Hong
NEWS & VIEWS
-Ira Rosenfeld |
A WEEK AFTER the New York Stock Exchange drops 171 points in one session only to rebound 110 points
LOS ANGELES PLAN SEEN BID TO DIVERT HARBOR REVENUE \ FEE HIKE PROPOSED FOR CITY SERVICES
Bill Mongelluzzo |
Facing stiff opposition from the state of California in its attempt to increase the fees it charges
Maritime
ORIGIN RULES DEFINING GLOBAL TRADE \ MINISTERS FAIL TO COME TO TERMS
Kevin G. Hall |
Trade ministers meeting in this coastal city put off until next year decisions on how to reach a fre
MARITIME BRIEFS
From Wire and Staff Reports |
NAVY SHIP RAMMEDIN TAIWAN HARBORTAIPEI - A containership rammed into a naval supply ship at
Maritime
LYKES SEEKS COURT OK TO SECURE DEALS
Michael Fabey |
Lykes Bros. Steamship Co. is winning some major bankruptcy battles, but it still has a war on its ha
TERMINALS UNDER PRESSURE \ MAJOR SHIPPERS BACK LONGER HOURS FOR CALIFORNIA PORTS
Bill Mongelluzzo |
The push for extended hours at the ports of Los Angeles and Long Beach is becoming a tidal wave as m
LYKES SIGNS 5 PACTS FOR EUROPEAN TRADE
Journal of Commerce Staff |
Lykes Bros. Steamship Co. recently signed five new freight contracts, according to Federal Maritime
Maritime
3 LINES FORMING A GLOBAL SERVICE \ MEDITERRANEAN JOINS NORASIA AND HYUNDAI
Michael Fabey |
Mediterranean Shipping Co. said it is forming a partnership with Hyundai Merchant Marine Ltd. and No
TENNECO TO SPIN OFF SHIPYARD
From Wire Reports |
Tenneco Inc. said Thursday it plans to spin off Newport News Shipbuilding to shareholders and is con
Maritime
JOURNAL OF COMMERCE - FAST FACTS \ NEW FOREIGN INVESTMENT IN RUSSIA, 1995
Economics Ministry |
No text.
AUTO PARTS: US WATERBORNE EXPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
INSURER TO COVER EMPLOYEE SUITS
Margo D. Beller |
One of the world's largest insurance brokers said Thursday it will work with an innovative Bermudian
EXEL'S NET NEARLY QUADRUPLES EXEL'S NET INCOME NEARLY QUADRUPLES
Journal of Commerce Staff |
EXEL Ltd., the insurance holding company, reported a nearly fourfold increase in net income to $207.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
PRODUCT LIABILITY BILL PASSES IN THE SENATE \ HOUSE APPROVAL ALSO EXPECTED
Stephanie Nall |
The Senate approved product liability reform legislation after 15 years of debate, but not by the tw
RATE RULING OUTCOME MIGHT TURN SALVORS AWAY
Bruce Barnard |
Salvage companies warned they may ignore some maritime disasters if they lose a court case over a co
Maritime
"MAD-COW' SCARE IMPERILS UK EXPORTS
Knight-Ridder Financial |
British exports worth more than UK500 million ($765 million) a year are at risk following indication
Maritime
JUDGE RULES AGAINST SALE OF POLICIES OF AIDS VICTIMS
From Wire and Staff Reports |
A federal judge has banned Life Partners Inc. of Waco, Texas, from resuming sales of ''interests'' r
INDIA MAKING PLANS TO PRIVATIZE AIRPORTS
N. Vasuki Rao |
India, wrestling with rapid aviation growth and congestion, will experiment with privatization of tw
ST. LAWRENCE SEAWAY TO OPEN MARCH 29
Journal of Commerce Staff |
The St. Lawrence Seaway is now scheduled to open March 29 - four days earlier than had been planned.
Maritime
PRODUCER PRICES RISE IN HUNGARY
Knight-Ridder Newspapers |
Hungary's industrial producer prices rose by 2.3 percent in January from December, and by 26.7 perce
USDA ACTS TO NIP KARNAL BUNT IN BUD AT THE STATE LEVEL
Reuters |
Agriculture Secretary Dan Glickman said Thursday he was implementing an ''extraordinary emergency''
Maritime
HOUSE PANEL BACKS MEASURE TO WIDEN CURBS ON IRAN, LIBYA
Richard Lawrence |
The House International Relations Committee unanimously approved on Thursday broader economic sancti
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 24 '95, - Mar. 21, '96 (a graph)(2)
JAPAN TO EASE STRICT FOREIGN EXCHANGE RULES
Reuters |
The Japanese government Thursday announced that it would ease regulations on foreign exchange transa
DOLLAR CLIMBS ON HOPES OF A RATE CUT IN GERMANY
Knight-Ridder Financial |
The U.S. dollar rose Thursday on lingering hopes for a cut in German interest rates.Various
INFLATION RATE RISES IN HONG KONG
Knight-Ridder Financial |
Hong Kong's annual inflation rate, as measured by the Consumer Price Index, was 6.6 percent in Febru
LEGISLATION TO OPEN DOMESTIC SHIPPING STALLS IN BRAZIL
James Bruce |
More than six months after the passage of a constitutional amendment opening domestic Brazilian ship
Maritime
POWER STRUGGLES WITHIN CHINA VIEWED AS ROOT OF POSTURING
P.T. Bangsberg |
China's strident dealing with Taiwan, ostensibly to deter the island from declaring independence, ma
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,100-$1,150 per ton lots
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 250.41 up 0.51
EU SEEN LIKELY TO RE-EXAMINE TIES TO IRAN \ GERMANY, ITALY ISSUE WARNINGS AS MEETING NEARS
Michael S. Lelyveld |
Pressures on European nations to sever ties with Iran have mounted dramatically in the past week as
Maritime
SPOT COMMODITIES
JOC Staff |
Mar. 21, 1996Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMar. 21, 1996 Brent Crude Oil - (Dollars Per Barrel)
QUOTE TO NOTE \ THE BLAME GAME:
_ Rep. Nita M. Lowey, D-N.Y. |
''He's looking for someone to blame.''
Maritime
TRADE BRIEFS
Wire and Staff Reports |
6 AFRICAN NATIONS AGREETO RENEW COOPERATIONNAIROBI - Six African states agreed Thurs
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 21, 1996Prev. Life of Contr. Open Open High Low
GASOLINE PRICES
JOC Staff |
Mar. 21, 1996RESELLER RACK Unleaded Mid- Premium-Unle
ORIGIN RULES DEFINING GLOBAL TRADE \ APPAREL IMPORTERS AGONIZE OVER US AIMS
Paula L. Green |
Joseph Boldan is growing anxious.True, the pricey sportswear he imports for the adventurous
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