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INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Jan. 12, 1996.
COLOMBIA THREATENS CURBS ON US FRUIT
WILLIAM DiBENEDETTO |
Colombia has threatened to impose import restrictions on all U.S. fresh fruit and produce shipments,
PHILADELPHIA PORTS AGENCY SEES SHORTFALL IN FUNDING
Michael Fabey |
It's hard to start the year knowing you lack the cash to finish it, but that's exactly the situation
Maritime
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
LIVERPOOL AWAITS ACL DECISION ON MOVELONDON - The Port of Liverpool is waiting to he
Maritime
Maritime
UK COURT AWARDS $280 MILLION TO 1,600 LLOYD'S INVESTORS
Special to The Journal of Commerce |
A U.K. court has awarded initial damages of UK175 million ($280 million) to 1,600 Lloyd's investors
HIGH COURT EXAMINES ISSUE OF INSURANCE SALES BY BANKS STATE VS. US LAWS AT ISSUE IN CASE
Stephanie Nall |
Supreme Court justices Tuesday grappled with the question of whether Congress meant to pre-empt stat
US CATASTROPHE COSTS KEEP FOREIGN INSURERS OUT
HELEN R. MacLEOD |
The exodus by foreign insurers from the U.S. property/casualty market is likely to continue, especia
TRADE UNIONS IN INDIA PROTEST PRIVATIZATION PLAN
N. Vasuki Rao |
Trade unions Tuesday swiftly protested after the government appointed an interim insurance regulator
AON SUBSIDIARY SCARBOROGH BUYS OHIO'S INSURMARK AGENCY
Journal of Commerce Staff |
Scarborough & Co., a subsidiary of Aon Specialty Group, completed its acquisition of Insurmark Agenc
INSURANCE BRIEFS
Wire and Staff Reports |
UNIT AT COMMERCIAL RECEIVES 'A1' RATINGMoody's Investors Service gave the nonlife operations
PEOPLE - INSURANCE
Wire and Staff Reports |
PRUDENTIAL PROPERTY AND CASUALTY CO. (Newark, N.J.) - Thomas W. Crawford was named president and chi
PUBLISHER'S NOTEBOOK
Don C. Becker |
Clearly, 1996 is not starting out like a very good year. Perhaps I am being influenced by th
US AND MEXICO MAKE SOME HEADWAY ON RESOLVING THORNY BILATERAL ISSUES
Journal of Commerce Staff |
The United States and Mexico made progress here this week on resolving a number of problematic bilat
BRITISH INSURERS TEST TIDE OF INTERNET SURFING
Liz Shuker |
British insurers are turning to the Internet to market their products and transact sales. Th
COMMERCIAL COVERAGE PRICES TO COME DOWN, J&H PREDICTS
Margo D. Beller |
Buyers of most commercial insurance coverages are going to be very happy in 1996. That's bec
AIR EXPRESS, TRUCKING FIRMS SEND TRANSPORT INDEX DOWNWARD
Journal of Commerce Staff |
Falls of nearly 3 percent in the trucking and air express sectors put downwardpressure on Th
Maritime
Maritime
JUDGE REJECTS KIRBY CORP. BID TO BLOCK FEDERAL LOAN GUARANTEES SUIT WOULD HAVE HALTED NEW TANKERS
Tim Shorrock |
U.S. District Judge Harold Greene Tuesday rejected a request from Kirby Corp. of Houston to temporar
Maritime
Maritime
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
PercentYear Closing Change High/ Price From P/E 52-We
Maritime
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 16, 1996 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SPOT PRODUCT PRICES
JOC Staff |
Jan. 16, 1996 U.S. spot oil product price indications, sellers range, in cents per gallon, f
TRADE BRIEFS
Wire and Staff Reports |
INVESTMENT CONTROLS PROPOSED IN MEXICOMEXICO CITY - A top ruling party legislator wa
Maritime
Maritime
QUOTE TO NOTE A GATHERING STORM:
_ Jim Larkins |
"We found out who our friends are. We're going to deal fairly with our friends. I hope we act ruthle
Maritime
Maritime
INDIA HALTS PRIVATE OPERATOR LICENSES UNTIL DOMESTIC AIRPORTS ARE REVAMPED
N. Vasuki Rao |
India is freezing new licenses to private airline operators until domesticairports are expan
TRANSPORT BRIEFS
Wire and Staff Reports |
FEDEX LOST $20 MILLION IN SALES DUE TO STORMSMEMPHIS - Federal Express Corp. said it
NAVISTAR TO CUT PRODUCTION AT TWO PLANTS
Reuters |
Navistar International Corp., facing declining demand for heavy trucks, said Monday it will cut prod
NO END IN SIGHT TO FALLING PRICES FOR CASUALTY INSURANCE
Russ Banham |
Just when it seemed casualty insurance prices could drop no lower, they've fallen as much as 10 perc
COMPETITION, DECLINING MARKET SHAREFUELS INDUSTRY CONSOLIDATION DRIVE
Russ Banham |
The pace of mergers, divestitures and corporate restructurings kept steady in 1995, as several large
RECORD-HIGH DISASTER YEAR BARELY DENTS INSURANCE FIRMS
HELEN R. MacLEOD |
Natural disasters caused a record amount of loss last year, but the insurance industry got off light
INSURERS REDEFINING DISTRIBUTION METHODS
Russ Banham |
Many insurance companies are modifying the way they distribute insurance, augmenting traditional sal
CHILE GOVERNMENT PREPAYS SOME DEBT
Knight-Ridder Financial |
The Finance Ministry announced this morning that, as expected, it is prepaying some of its debt to t
FEDERAL SHUTDOWN CREATES RIPPLE EFFECT INTERNATIONAL TRADE GETS TOSSED ABOUT
The Dallas Morning News |
It's fashionable to pounce on federal bureaucrats and agencies as parasites slowing the economy. The
Maritime
Maritime
TRADE BRIEFS
Wire and Staff Reports |
ASEAN MEMBERS DIFFER ON ADDING AUSTRALIAKUALA LUMPUR, Malaysia - Malaysian Prime Minister Ma
Maritime
Maritime
TAIWAN EXPORT ZONES RESPOND TO EFFORTS, SET RECORD FOR YEAR
P.T. Bangsberg |
Efforts by the government in Taiwan to rejuvenate three export-processing zones appear to be having
Maritime
Maritime
RUSSIAN BANKS, GROWING MORE SECURE, SHED FEAR OF FOREIGN COMPETITION
Julie Tolkacheva |
Russian banks no longer fear competition from foreign-owned banks, who are once again free to seek b
Maritime
Maritime
GERMANY'S PUMA WILL BUY BACK NORTH AMERICAN SUBSIDIARY
Associated Press |
The German sporting goods company Puma said that it would re-acquire its American subsidiary for $19
Maritime
Maritime
TRADE BRIEFS
Wire and Staff Reports |
MEXICO RAIDS VENDORS OF ILLEGALLY SOLD JEANSMEXICO CITY - Federal police agents seiz
Maritime
Maritime
TRADE FAIRS
JOC Staff |
NORTH AMERICA Fashion Jewelry Mart. March 9-16, June 5-8 and Sept. 28-Oct. 5. Rhode Island.
Maritime
Maritime
CHINA PLANS TO STEP UP REFORM IN EFFORT TO BOOST COAL OUTPUT
P.T. Bangsberg |
China's coal sector plans to accelerate reforms this year in fund-raising and capital construction a
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Jan. 16, 1996 Prevailing sellers' posted prices at the close of business, representi
API WEEKLY REPORT DISTILLATE FUEL OIL INVENTORIES RISE
Journal of Commerce Staff |
U.S. distillate fuel oil inventories rose by 2.4 million barrels during the week ended Jan. 5, compa
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