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MERRILL LYNCH BIDS FOR SMITH NEW COURT
Reuters |
Merrill Lynch & Co. said it was bidding nearly $840 million for Smith New Court PLC in a friendly ta
SECOND QUARTER'S CATASTROPHE LOSSES SURGED PAST AVERAGE OF RECENT YEARS
HELEN R. MacLEOD |
Insurance losses from catastrophes leaped to $3 billion in the second quarter of 1995, or almost dou
ITALIAN EMPLOYERS SEE RISE IN OUTPUT
Knight-Ridder Financial |
The nation's employers' association, Confindustria, forecast Friday that July's industrial output wi
MUNICH RE BACK IN BLACK FOR FIRST TIME SINCE '78
HELEN R. MacLEOD |
The Munich Reinsurance Co., the largest reinsurance firm in the world, put its underwriting results
PEOPLE - INSURANCE
Wire and Staff Reports |
NATIONAL ASSOCIATION OF INDEPENDENT INSURERS (Des Plaines, Ill.) - June Holmes was promoted to senio
PAUL REVERE CORP.'S NET DOWN IN SECOND QUARTER
Wire and Staff Reports |
The Paul Revere Corp. reported a drop in net income to $25.4 million, or 56 cents a share, for the s
INSURANCE BRIEFS
Wire and Staff Reports |
S&P AFFIRMS 'AAA'<br><br> FOR UK'S STANDARD LIFEStandard & Poor's affirmed its highest claims-paying
MEXICO REOPENS 3 BORDER STATES TO IMPORTS OF USED CAR TIRES
Journal of Commerce Staff |
Mexico's commerce ministry announced an accord to open up three border states for the import of used
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
KIRBY FIRED 1ST SHOT IN CAMPAIGN AGAINST MARAD'S TITLE XI PROGRAM
TIM SHORROCK |
The first shot in Kirby Corp.'s campaign against Marad's Title XI program was fired June 8, when an
SUBCONTINENT CATCHES THE EYE OF SOUTH KOREAN BUSINESSES
N. VASUKI RAO |
South Korean companies are focusing on the Indian subcontinent as their own costs continue to rise a
HOUSE SUBCOMMITTEE HEARS SHIPYARD-SUBSIDY DEBATE
WILLIAM L. ROBERTS |
Rival factions within the shipbuilding industry faced off against each other last week before a Hous
Maritime
INTERNATIONAL CALENDAR
JOC Team |
REGIONAL BLOCS<br><br> International Trade-Development Conference: China. July 24-30, Shanghai. Cont
Maritime
TRADE BRIEFS
Wire and Staff Reports |
SEOUL SEES CHIP EXPORTS<br><br> TOPPING $19 BILLION<br><br>SEOUL, South Korea - The trade ministry f
Maritime
SUMMERS' NOMINATION CLEARS FINANCE PANEL
JOHN MAGGS |
Lawrence Summers' nomination as deputy treasury secretary breezed through the Finance Committee Frid
Maritime
HILTON INTERNATIONAL PLANS TO EXPAND INTO INDIA WITH HOTEL JOINT VENTURE
RAHUL SHARMA |
Hilton International, aiming to tap one of Asia's fastest-growing tourism and business travel market
Maritime
US TO ALLOW BRAZILIANS VISAS OF UP TO 10 YEARS
Journal of Commerce Staff |
The State Department has extended the validity for U.S. visas issued to Brazilians to up to 10 years
Maritime
BRAZIL'S PROBLEMS SEEN AS US OPPORTUNITY INFRASTRUCTURE INVESTMENT SOUGHT
PAULA L. GREEN |
Polluted waterways, congested roads and too few telephone lines for Brazil's 150 million people are
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.<br><br> <b
UK EASES CREWING RULES, ALLOWS FOREIGN OFFICERS
JANET PORTER |
British-registered ships will be permitted to operate without any U.K. crewmembers under new rules t
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
36 SHIPS BACKED UP<br><br> FOR SUGAR AT SANTOSSAO PAULO, Brazil - It takes a lot of sugar to feed th
Maritime
STEEL EXPORTS VIA SEAWAY SKYROCKET
Journal of Commerce Staff |
U.S. exports of steel through the St. Lawrence Seaway - traditionally a tiny portion of Seaway volum
Maritime
ALASKAN LAWMAKER PREDICTS HOUSE WILL PASS BILL TO LIFT OIL-EXPORT BAN
WILLIAM L. ROBERTS |
Rep. Don Young, R-Alaska, predicted legislation lifting a longtime ban on Alaskan oil exports will p
Maritime
TERMINAL OPERATOR MAHER DIES AT 86 INDUSTRY MOURNS THE PASSING OF A "GIANT'
ALICE CANTWELL |
Michael E. Maher, a powerhouse in the Port of New York and New Jersey, died Thursday at his home in
Maritime
CHARTER INDEX
JOC Team |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
CONTAINERIZED MARKET SHARE BY LANE CROWLEY AMERICAN TRANSPORT
""Global Container Report" by Port Import / Export Reporting |
LANE Oct.-Dec. Oct.-Dec.<br><br> 1993 19
Maritime
2ND-QUARTER GDP ROSE 0.6 PERCENT IN UK
Knight-Ridder Financial |
U.K. gross domestic product rose by a real, seasonally adjusted 0.6 percent in the second quarter of
PYONGYANG'S DOWRY FOR SEOUL: AN AGING TRANSPORT SYSTEM
Journal of Commerce Staff |
A Korean proverb has it that the best marriages and the happiest couples are made up of men from the
HYUNDAI SETTING SIGHTS ON CONTAINERSHIP STARDOM
Journal of Commerce Staff |
Hyundai Merchant Marine Corp. has ambitious plans and expects to become one of the handful of top in
CONSORTIUMS ARE THE ONLY WAY FOR MOST, CHO YANG SAYS
Journal of Commerce Staff |
While almost every container shipping line in the industry has announced<br><br>plans to partner int
HANJIN SEES CHANGING ERAOF LINE-SHIPPER RELATIONS
Journal of Commerce Staff |
The country's largest container shipping company, Hanjin Shipping Co., sees a relatively stable worl
SENSE OF BALANCE AIDS GROWTH OF SHIPPING LINES
Journal of Commerce Staff |
The container shipping industry of South Korea has grown rapidly in recent years and gained prominen
CROWDING HURTS PUSAN'S POTENTIAL AS ALTERNATIVE TO JAPAN PORTS
Journal of Commerce Staff |
Several major Japanese exporters and trading companies in recent months have announced growing inter
CARMAKERS FIND NICHE IN SMALLER MARKETS
Journal of Commerce Staff |
The sparks fly in dramatic arcs like the trail from a magic wand as sheets of metal are slammed toge
KAOHSIUNG AIMS TO LEAPFROG SINGAPORE, HONG KONG PORTS
KEVIN CHEN |
The architects of the future at this third-biggest port in the world dream big.<br><br> "Surpassing
Maritime
GENERAL DYNAMICS' PROFIT RISES 15 PERCENT
Associated Press |
General Dynamics reported Wednesday that second-quarter earnings increased 15 percent, aided in part
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY<br><br> AR: American Tanker RateSchedule Revised<br><br>RS: American Tanker Rate Schedule<b
Maritime
ALABAMA PORT DIRECTOR CREDITS LABOR HARMONY FOR BUSINESS BOOM
Mobile Press-Register |
Business is up significantly at the Alabama State Docks Authority, and the reason is improved workin
Maritime
KIM'S VISIT: SYMBOL AND SUBSTANCE ROLES CHANGING IN SEOUL'S TRADE RELATIONSHIP WITH WASHINGTON
Journal of Commerce Staff |
President Y.S. Kim's visit to the United States this week carries its share of symbolism. This year
HYUNDAI YARD'S DEAL SIGNALS LABOR PEACE
Journal of Commerce Staff |
On June 19, at the Hyundai Heavy Industries Co. shipyard in Ulsan, labor and management signed a wag
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