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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.
MIAMI PLANS NEW TRADE CENTER TO ENERGIZE COMMERCE IN AREA
Laura Myers |
Seeking to bolster its position as a leading center of global commerce, Miami is planning to build a
COMMODITIES / ENERGY
From Wire and Staff Reports |
EXXON CHEMICALSMAY BUILD IN SINGAPORESINGAPORE - Exxon Chemicals, a division of Exxon Corp.,
MARCOPPER EMPLOYEES, OFFICIALS FACE WASTE SPILL CHARGES IN PHILIPPINES
P.T. Bangsberg |
Charges are expected to be filed today against four executives of a Canadian-backed mining firm and
PROSPECTS DIM FOR PASSAGE OF CALIFORNIA NO-FAULT BILLS \ NO HEARINGS SET YET BY SENATE COMMITTEES
Peter M. Tirschwell |
The collapse last month of a voter initiative to create a no-fault auto insurance system in Californ
SPOT COMMODITIES
JOC Staff |
Apr. 10, 1996Included are list prices of suppliers. Quotations do not necessarily represent
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Apr. 10, 1996Prev. Life of Contr. Open Open High Low
US DOLLAR TOPS 1.50 MARKS AND RECORDS 14-MONTH HIGH
Knight-Ridder Financial |
The U.S. dollar rose above the key psychological level of 1.5000 Deutsche marks Wednesday, as bullis
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BRIEFS
From Wire and Staff Reports |
M.S. CARRIERSREPORTS REVENUES DOWNMEMPHIS - M.S. Carriers Inc., a leading truckload carrier
EU WON'T LIFT UK BEEF EXPORT BAN
Knight-Ridder Financial |
The European Union's Standing Veterinary Committee has agreed not to lift any part of the ban on exp
NEW YORK HOPES SPOT DREDGING WILL HELP WIN BACK PORT CALLS
Alan Abrams |
Lillian Borrone thinks she can get Sea-Land Service Inc. and other lines to redesignate New York as
ASIAN DEVELOPMENT BANK \ PROJECT CONTRACT AWARDS
Development Business, United Nations |
Goods, works, servicesCHINA UNITEDELECTRIC CORP.BeijingAmount of con
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApr. 10, 1996 Brent Crude Oil - (Dollars Per Barrel)
SHELL EXECUTIVE STILL HELD BY CHINESE
P.T. Bangsberg |
Executives at the China unit of Royal Dutch/Shell said Wednesday they remain stymied in their effort
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