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COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
PROCTER & GAMBLETO CUT PRICESCINCINNATI - Procter & Gamble said Wednesday it would reduce pr
FREIGHT RATE FUTURES
JOC Staff |
Mar. 27, 1996Baltic International Freight Futures Market Prev.Close High Low
Maritime
FROM ASSEMBLY LINE TO ONLINE, CYBERSPACE IS LATEST MARKETPLACE
Paul F. Conley |
It's possible to ''steel'' a look at the future.The business of steel trading is changing th
US DOWNPLAYS RUSSIA'S MISDEEDS, EXPERTS SAY
Michael S. Lelyveld |
Faced with rising Russian nationalism, the Clinton administration is minimizing Moscow's bad behavio
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
PORT OF HAMBURG POSTS37 PERCENT GAIN IN BOX TRAFFICBERLIN - With some help from the trend to
Maritime
AT LEAST 3 DIE IN STEEL MILL BLAST AT BURNS HARBOR \ EXPLOSION HEARD 30 MILES AWAY
Paul F. Conley |
At least three people were killed instantly when a massive explosion roared through a steel mill at
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, March 27, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
WORLD BANK PRESIDENT PRAISES EGYPT'S ECONOMIC REFORM PLAN
Knight-Ridder Financial |
World Bank President James Wolfensohn praised Egypt's economic reform plan Wednesday and said its pr
FRANKLIN'S NEW $100 IMAGE GETS SMOOTH RECEPTION IN RUSSIA \ ACCEPTANCE DIFFERS FROM 1990 UPROAR
Associated Press |
Forget Russia's presidential campaign. Benjamin Franklin is hogging the spotlight here this week, an
VOLKSWAGEN CHUGS BACK TO PHILIPPINE AUTO MARKET
From Wire Reports |
Leading German carmaker Volkswagen AG is re-entering the Philippine car market after an absence of m
Maritime
BRUSSELS IMPOSES GLOBAL SALES BAN ON BRITISH BEEF
Katherine Butler |
The European Commission moved Wednesday to allay international fears about the safety of European be
Maritime
BENICIA TAKEOVER FORMS NO. 1 US AUTO PROCESSOR
Peter M. Tirschwell |
The rapidly expanding Benicia Ports PLC has acquired Hobleman Port Services in Baltimore, making it
US EXTERMINATING COMPANY MAKES KILLING SOUTH OF BORDER
Alina Matas |
Truly Nolen's mouse cars and Spanish-language slogans such as ''Adios cucaracha'' helped the company
Maritime
CORRECTION
JOC Staff |
The story headlined ''US pushes for renewal of chip pact with Japan,'' which appeared Thursday, Marc
Maritime
TRANSPORTATION'S RUSSIAN ROULETTE \ RUSSIANS BOW TO FOREIGNERS ON DOOR-TO-DOOR SERVICE
Journal of Commerce Staff |
Russian shipping lines will play a secondary role to foreign carriers in developing intermodal trans
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
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