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BRIEFS
From Wire and Staff Reports |
CITIBANK LAUNCHINGISLAMIC SUBSIDIARYNEW YORK - Citibank said Tuesday it will launch an Islam
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 10, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%B
JAPANESE EXITING US REAL ESTATE MARKET
Jerry Dubrowski |
Japanese investors, once accused of trying to buy America, are reversing direction and divesting the
Maritime
BRIEFS
From Wire and Staff Reports |
JAPANESE TO HELPDEVELOP RUSSIAN PORTTOKYO - Seventeen major Japanese companies plan to begin
COAL TERMINAL REPORT
JOC Staff |
April 8, 1996This table shows the vessels scheduled to call at U.S. coal terminals and the e
US, JAPAN SET TO RESUME TALKS
Knight-Ridder Financial |
Finance Minister Wataru Kubo said Wednesday that Japan and the United States will resume bilateral i
NERVOUS TRADERS RALLY GRAIN PRICES
Reuters |
Wheat and corn prices soared Wednesday on worries about this year's vital American crops, prompting
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
INSURANCE MERGERS, ACQUISITIONS SET RECORD
Ronald Gift Mullins |
Insurance industry mergers and acquisitions crescendoed to a record high last year hitting $27 billi
UTU MEMBERS GIVE A THUMBS DOWN TO RAIL CONTRACT
Rip Watson |
A tentative national contract negotiated by the United Transportation Union leadership was rejected
FREIGHT RATE FUTURES
JOC Staff |
Apr. 10, 1996Baltic International Freight Futures MarketPrev.Close High Low
BRIEFS
From Wire and Staff Reports |
BELL ATLANTIC TO OFFERFULL INTERNET SERVICESRESTON, Va. - Bell Atlantic Corp. said Wednesday
Maritime
LAREDO, TEXAS, HOLDS ON TO TITLE AS KEY GATEWAY FOR US-MEXICAN TRADE
Kevin G. Hall |
New data on cross-border trade along the 2,000-mile U.S.-Mexico frontier shows that although southbo
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Apr. 10, 1996Prevailing sellers' posted prices at the close of business, represent
AIRLINE CONSIDERS LIBEL SUIT OVER "EXECUTIVE DECISION'
JOC Staff |
FROM WIRE REPORTSGreek national airline Olympic Airways appears set to file a libel suit aga
LOS ANGELES PORT BOND ISSUE SELLS OUT
Bill Mongelluzzo |
The Port of Los Angeles easily sold $300 million in harbor revenue bonds despite investor concerns o
LA-LONG BEACH TRACKING DEVICE DOUBLES AS ENFORCEMENT TOOL
Bill Mongelluzzo |
Big Brother is watching all ship movements in the busy Los Angeles-Long Beach harbor complex, and is
SCAM TOOK $36 MILLION, KUWAIT PROSECUTOR SAYS
Reuters |
A former Kuwaiti oil minister from the ruling Sabah family and four executives amassed illegal profi
GASOLINE PRICES
JOC Staff |
Apr. 10, 1996RESELLER RACK Unleaded Mid- Premium-Unle
BRIEFS
From Wire and Staff Reports |
FREIGHTLINER OPENSOVERSEAS PLANTSPORTLAND, Ore. - Freightliner Corp. is opening truck assemb
USER FEE PROPOSAL IRRITATES SHIPPERS
Gregory S. Johnson |
Shippers are livid over a proposal from the Surface Transportation Board to sharply increase user fe
BIG SHIPS CREATE BIG PROBLEMS
Bill Mongelluzzo |
The vessel approaches the 170-acre Hanjin Shipping Co. terminal under construction at the Port of Lo
US ENVOY MUM ON PROPERTY RIGHTS TALKS IN CHINA
Reuters |
U.S. Trade Envoy Charlene Barshefsky left China on Wednesday refusing to say whether two days of tal
Maritime
API WEEKLY REPORT \ FUEL OIL DROPS TO LOWEST LEVEL IN 25 YEARS
Journal Of Commerce Staff |
Inventories of U.S. distillate fuel oil for the week ended April 5 were at their lowest level in 25
JOURNALISTS BARRED FROM TRAILING COPS
Associated Press |
A federal judge has barred two journalists for the syndicated TV show ''Inside Edition'' from follow
COST OF CREDIT
JOC Staff |
Wednesday, April 10, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
CHINA TURNS ATTENTION TO UPGRADING INLAND PORTS
P.T. Bangsberg |
Having concentrated considerable effort and resources in recent years on improving its main coastal
CUBA CLASHES WITH US OVER ECONOMIC SANCTIONS
John Zarocostas |
Roberto Robaina Gonzalez, Cuba's minister of foreign affairs, angrily condemned the United States We
Maritime
COFFEE: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
TEXACO BOOSTS NIGERIAN BUDGET
Reuters |
Texaco Overseas (Nigeria) Petroleum Unlimited will spend $200 million on oil exploration this year,
BANKING VITAL LINK IN REGION
Jim Freer |
International bankers in this hub of Latin American commerce are content to leave the high-profile m
HIGHER LLOYD'S SETTLEMENT OFFER STILL A RUMOR
From Staff And Wire Reports |
Lloyd's of London on Wednesday would neither confirm nor deny rumors of an increased settlement offe
LABOR PROBLEMS STALL PORT REFORM IN BRAZIL
Michael Fabey |
Brazilian dockworkers are refusing to make concessions demanded by the government and shipping lines
JOURNAL OF COMMERCE - FAST FACTS \ US COTTON IMPORTS: TEXTILES & APPAREL
Commerce Department Textiles Office |
No text.
STRONG GROWTH FORECAST FOR ASIA
Gordon Platt |
Asia will remain the fastest growing region in the world for years if not decades to come, according
Maritime
CHINA SANCTIONS DECISION PUT OFF UNTIL AT LEAST LATE NEXT WEEK
Journal Of Commerce Staff |
The Clinton administration is expected to delay until at least late next week any final decision on
1 DEAD, 2 MISSING IN SHIP FIRE OFF JAPAN
Reuters |
One crewmember died and two others were missing after a fire broke out on a Panamanian containership
FEARS OF COMMUNIST COMEBACK HURT YUGOSLAV FIRM'S SEARCH FOR PARTNER
Misha Savic |
Once the pride of Yugoslav industry, the Zastava automobile factory - maker of the much-maligned Yug
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,100-$1,150 per ton lots
SPOT PRODUCT PRICES
JOC Staff |
Apr. 10, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
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