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RISE IN IMPORTS TO RUSSIA HAILED BY NEIGHBORS
Journal of Commerce Staff |
Russia's neighbors are cashing in on its ability to buy more goods from abroad and its inability to
RUSSIAN PORT LOSES BUSINESS TO RIVALS \ ST. PETERSBURG FAILS TO REAP BENEFITS OF INCREASED TRADE
Geoff Winestock |
Russian trade has grown strongly over the past year but the Port of St. Petersburg, Russia's window
S. KOREAN CRUDE IMPORTS SOAR BEFORE TAX HIKE
Knight-Ridder Financial |
South Korea's crude oil imports in February reached 70 million barrels, up 48 percent from the same
LAST SUGAR COMPANY CLOSES ON BIG ISLAND OF HAWAII
Associated Press |
The closure of the Ka'u Sugar Co. brings an end to sugar production on the Big Island, and also leav
IMPORTERS EXPECTED TO MEET MARKET RESISTANCE THIS YEAR
Gary Rosenberger |
Foreign steel producers can expect a difficult time penetrating the U.S. market this year.A
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by:U.S. Department of CommerceU.S. and Foreign Commercial Service
Maritime
SHIPPING CHIEF: BRITAIN BACKS "FLAGGING OUT'
Knight-Ridder Financial |
The government appears to be encouraging shipowners to leave the British fleet and sail under foreig
Maritime
DOLLAR RISES ON POSSIBILITY GERMAN RATES WILL BE CUT
Knight-Ridder Financial |
The U.S. dollar rose Wednesday on hopes for a cut in German interest rates at today's Bundesbank cou
TRANSPORT FUNDS PLAN FACES HOSTILE HEARING \ OPPONENTS FEAR ADDED FALLOUT
William L. Roberts |
Rep. Bud Shuster's efforts to take $30 billion in transportation trust funds out of the federal budg
WTO SEES 7 PERCENT GROWTH IN WORLD EXPORTS
John Zarocostas |
The volume in world merchandise exports is forecast to increase by 7 percent in 1996, or slightly le
Maritime
US STEEL PRODUCERS FACE CHALLENGES AT HOME, ABROAD
Gary Rosenberger |
When U.S. steel producers - eager to export - look overseas, they see an economic image ever flatter
Maritime
TRADING WITH MEXICO \ MEXICO'S OPEN NATURAL-GAS MARKET LURING US COMPANIES
Maria Carlino |
The recent opening of Mexico's natural gas market is luring a slew of U.S. energy companies south of
Maritime
TRANSPORTATION'S RUSSIAN ROULETTE \ SEA-LAND THRIVES IN EX-USSR
Bruce Barnard |
Sea-Land Service Inc., the United States' largest shipping line, expects its business in the former
INCO MAKES AGGRESSIVE BID FOR DIAMOND FIELDS RESOURCES
From Wire Reports |
Canadian nickel miner Inco Ltd. on Wednesday made a $3.3 billion takeover offer for Diamond Fields R
BALTIC FREIGHT INDEX
JOC Staff |
1430 (Mar. 27, 1996) Previous day - 1428The Baltic International Freight Futures Market in L
Maritime
LIFE INSURERS IN JAPAN PLAN TO CUT PAYOUTS TO POLICYHOLDERS
Associated Press |
Major Japanese life insurance companies plan to cut payouts to policyholders in fiscal 1996, startin
JFK INTERNATIONAL CALLED ONE OF WORST IN IATA SURVEY OF WORLD'S AIRPORTS
Robert Evans |
John F. Kennedy International Airport in New York has been dubbed one of the world's worst airports
INDIA PLANS TO CHALLENGE US DECISION ON SHRIMP
N. Vasuki Rao |
India is planning to challenge a decision by the U.S. Court of International Trade to ban shrimp imp
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 26, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%B
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 252.44 up 0.36 whi
TRADE BRIEFS
Wire and Staff Reports |
JAPANESE OFFICIAL BACKSCORPORATE TAX REDUCTIONTOKYO - Japanese Trade minister Shumpe
Maritime
TUG PULLING DREDGE MUD SINKS OFF COAST
Journal of Commerce Staff |
A tug hauling a barge loaded with mud dredged from the Port of Oakland sank last week 15 miles west
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
TIG HOLDINGS INC. (New York) - The board of directors of TIG Holdings Inc. nominated George D. Gould
POOLING PACT STIRS HOPE FOR UNUSED CONTAINERS
Chris Isidore |
They would fill more than 40 freight trains, each a mile long.If they were used, that is.But
STEVEDORE'S CHAPTER 11 FILING ROCKS PHILADELPHIA PORT
Michael Fabey |
Independent Pier Co. - one of the oldest stevedoring companies in the Philadelphia port - filed rece
Maritime
RUSSIA VOWS TARIFF CUTS, LIFTS US POULTRY BAN \ IMF CLEARS PATH FOR $10.2 BILLION LOAN
Richard Lawrence |
Russia dispersed two storm clouds over its economic relations with the West, lifting a ban on poultr
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 31 '95, - Mar. 26, '96 (a graph)(2)
TRADE BRIEFS
Wire and Staff Reports |
SPAIN POSTS SURPLUSIN CURRENT ACCOUNTMADRID - Spain posted a current account surplus
Maritime
DEUTSCHE SHELL PROFIT ROSE IN '95 ON LARGER CHEMICAL BUSINESS, COST CUTS
Knight-Ridder Financial |
Deutsche Shell, German subsidiary of Royal/Dutch Shell group, Tuesday reported 1995 after-tax profit
US CATTLE RAISERS HOPE FOR MORE ACCESS TO EU MARKETS
From Wire Reports |
U.S. cattle producers are hoping Britain's mad cow disease will lead European countries to relax res
Maritime
GREECE TO LEGALIZE ALBANIAN WORKERS
From Wire Reports |
Greek Foreign Minister Theodoros Pangalos said last week his government would legalize hundreds of t
Maritime
ATA SURVEYS SHORT-HAUL DRIVERS TO ESTABLISH STANDARDS FOR TERMINALS
Rip Watson |
The American Trucking Associations Intermodal Conference has begun asking its members to tell the re
PHILIPPINE MINE CLOSES AFTER MILL TAILINGS LEAK
Knight-Ridder Financial |
Placer Dome Inc. said Tuesday that milling operations have been suspended at its 39.9 percent-owned
BOXSHIP OWNERS WARY OF POSSIBLE CAPACITY GLUT
Bruce Vail |
The next two years should show an increase in the container capacity of the world boxship fleet of a
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Mar. 26, 1996Prevailing sellers' posted prices at the close of business, representin
BALTIC FREIGHT INDEX
JOC Staff |
1428 (Mar. 26, 1996) Previous day - 1425The Baltic International Freight Futures Market in L
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NAIC BACKS CALIF. REGULATOR IN COURT BATTLE OVER LLOYD'S
Margo D. Beller |
The National Association of Insurance Commissioners voted to file a declaration in a California cour
FEISTY FIRM ROLLS ALONG AS IT GROWS, DIVERSIFIES
Rip Watson |
There is an old saying about short-line railroads: ''We're not as long as the big guys but we're jus
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by:U.S. Department of CommerceU.S. and Foreign Commercial Service
Maritime
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