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Platts Containers Update
P&O CONTAINERS TO SLASH JOBS IN NEW SAVINGS DRIVE
Janet Porter |
P&0 Containers Ltd. expects to save around $8 million a year in running costs through staff cuts and
Maritime
Maritime
CANADA SET TO LAUNCH COMMERCIAL SHIP FEE CHARGE TO BE BASED ON VESSEL TONNAGE, NOT ON-BOARD CARGO
Aviva Freudmann |
The Canadian government is plowing ahead with a new fee on commercial shipping that could change tra
PHILIPPINES ISSUES NEW SET OF COINS
Associated Press |
The government hopes to end confusion caused by the six different sets of coins currently in circula
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 10, 1996 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INDONESIA RAISING MINIMUM WAGE
Associated Press |
The minimum wage for Indonesian workers will rise by an average 10.63 percent on April 1, the govern
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 13, '95 - Jan. 10, '96 (a graph) (2
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
FORMER FRENCH AGENCY HEAD ADMITS SPYING
Reuters |
The former head of France's DGSE foreign intelligence agency has acknowledged that the group conduct
BUSINESS LIKELY TO GET SHORT SHRIFT IN BUDGET BATTLE, COMMERCIAL TAXES SEEN COMPROMISED
Tom Connors |
Many business taxpayers are likely to wind up losers, regardless of how the latest budget deadlock b
HIGH COURT OKS LAWSUIT BY US FIRM AGAINST IRAN
Laurie Asseo |
The Supreme Court Monday let a California company pursue its claim that the Iranian government wrong
US POISED TO ADMIT MEXICAN AVOCADOS AS OPPOSITION MOUNTS
Peter M. Tirschwell |
The U.S. Agriculture Department may go forward with a proposal to lift an 81- year-old ban on import
Maritime
Maritime
DOLLAR SITS, GAINS LITTLE AS MARKET RUNS QUIET
Journal of Commerce Staff |
The U.S. dollar, recently empowered by international investor buying, traded very quietly Wednesday
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Jan. 8, 1996. U
MORE ACCESS MAY SCUTTLE UP/SP DEAL
Rip Watson |
Union Pacific Railroad Wednesday threatened to scuttle its proposed linkup with Southern Pacific Rai
US IMPOSES NO SANCTIONS IN BANANA TRADE DISPUTE
John Maggs |
The Clinton administration, as expected, has declared Colombia and Costa Rica in violation of U.S. t
TACA AT ODDS OVER HEINEKEN DEAL
Michael Fabey |
The conference shipping lines in the North Atlantic trade are snapping at each other again - this ti
CARIBBEAN DECRIES END TO US LOANS FUNDS ARE USED FOR INDUSTRY
Canute James |
Caribbean business is becoming increasingly concerned at what some leaders say is the impending canc
A HIGH-STAKES GAME US OFFICIAL SAYS BOGOTA BUGGED PHONE
John Maggs |
Diplomatic niceties have been scarce lately in U.S.-Colombian relations, after a year in which major
JOURNAL OF COMMERCE - FAST FACTS WORLDWIDE AIR CARGO
International Air Transport Association |
No text.
LIVERPOOL DOCKERS ACCELERATE CAMPAIGN FOR GLOBAL SUPPORT
Journal of Commerce Staff |
Dockworkers fired from the Port of Liverpool are stepping up their campaign to win support from ship
Maritime
Maritime
CORRECTION
JOC Staff |
On page 28 in the Jan. 8 issue of The Journal of Commerce's Shipping Review & Outlook, the names of
BLIZZARD CLOSES INSURANCE OFFICES IN NORTHEAST WORK GOES ON BY COMPUTER, FAX
Margo D. Beller |
Some of the largest insurance companies in the United States started reopening this week in the afte
1995 AUTO SALES FELL 5 PERCENT IN TAIWAN
Associated Press |
Hit by an economic slump and a rising Japanese yen, car dealers sold 548,000 vehicles in Taiwan last
US-CANADA SPILL COVERAGE FLAP GROWS
WILLIAM DiBENEDETTO |
A Washington state oil spill response group will no longer give Canada-bound vessels crossing state
SPOT COMMODITIES
JOC Staff |
Jan. 10, 1996 Included are list prices of suppliers. Quotations do not necessarily represent
FRENCH TRADE UNAFFECTED BY NUCLEAR TESTING OUTCRY
Tara Patel |
International outcry over French nuclear testing in the South Pacific has had little impact on trade
Maritime
Maritime
RECORD '95 SALES OF HEAVY TRUCKS BREAK THROUGH 200,000-UNIT BARRIER
Michael S. Lelyveld |
Heavy truck makers ended 1995 with a blizzard of December sales, as the industry plowed through an a
EU, US LOOK TO SOLVE DISPUTE OVER HORMONES
Katherine Butler |
Talks between American and European farm officials on a range of trade issues scheduled for Wednesda
Maritime
Maritime
US, MEXICO SET DATE FOR NAFTA DISPUTE TALKS
Kevin G. Hall |
Mexican government representatives will travel to Washington next week to voice complaints over what
TRANSPORT BRIEFS
Wire and Staff Reports |
JET CRASH IN ZAIRE KILLS MORE THAN 350KINSHASA, Zaire - Officials said Wednesday the
KUWAIT LENDS PAKISTAN $33 MILLION
Associated Press |
The government's Kuwait Fund for Arab Economic Development has extended a $33 million loan to Pakist
Maritime
Maritime
TRADE BRIEFS
Wire and Staff Reports |
EU PANEL SLAPS BAYER WITH $3.88 MILLION FINEBRUSSELS - The European Commission said
Maritime
Maritime
SOUTH KOREA TO CHALLENGE BARRIERS THAT IT SEES TRADE PARTNERS ERECT
P.T. Bangsberg |
South Korea, frequently under fire for its trade barriers, intends this year to take a more aggressi
Maritime
Maritime
QUOTE TO NOTE WHO ISN'T?
_ Craig Martin |
"They are a very good customer of ours."
Maritime
Maritime
RAIL TRAFFIC NUMBERS SHOW ONGOING DECREASES ONLY CHEMICALS, CARS AND COAL GROW IN QUARTER
Rip Watson |
While many forecasters continue to predict modest economic growth for 1996, the latest rail traffic
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
CALTEX'S INDIAN REFINERY IS SET FOR MAY OPENINGBANGKOK - Caltex Inc.'s Star Petroleu
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 246.28 off 0.50 w
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 10, 1996Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 10, 1996 Prev. Life of Contr. OpenOpen High Low
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