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COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
FIRMS DRILLING 2ND WELL AT NEWFOUNDLAND SITELONG POINT, Newfoundland - Two oil compa
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
RAILS STRAIN TO SERVICE MIDWEST GRAIN HARVEST
Rip Watson |
The U.S. Midwest's rail network, normally no stranger to the crunch of the fall harvest, is beginnin
ANDEAN NATIONS TO JOIN US SPECIAL-ACCESS TEXTILE PROGRAM
Paula L. Green |
Textile and apparel exporters from four South American countries will have greater access to the all
CHEVRON MAY SEEK TO SWAP TENGIZ CRUDE FOR IRANIAN OIL
Reuters |
Chevron Corp., whose massive oil project in Kazakhstan has been stymied by lack of an export route t
POTASH CORP. TO PAY $280 MILLION FOR OCCIDENTAL'S FARM-CHEMICAL UNIT
Reuters |
Potash Corp. of Saskatchewan Inc. said it will acquire White Springs Agricultural Chemicals Inc., th
SENATE PANEL RESTORES SOME EXPORT FUNDING
Journal of Commerce Staff |
A Senate appropriations subcommittee voted Tuesday to restore some of thefunds cut by the Ho
CHINA TO TAKE STAKE IN ACT TO DEVELOP S. CHINA SEA FIELDS
P.T. Bangsberg |
China's state-run offshore oil company is taking a stake in the most successful consortium so far as
FUNDING CUTS PUT OUT FLAME OF DOE CLEAN-COAL PROJECT
Ted Gogoll |
The Department of Energy's Clean Coal Technology Demonstration Program will fall victim to governmen
AMERICAN FREIGHTWAYS SAYS RESULTS BELOW EXPECTATIONS
Chris Isidore |
American Freightways Corp., the fastest growing carrier in the less-than- truckload industry, said T
TRADE BRIEFS
Wire and Staff Reports |
NIGERIAN IMPORT DUTIES CUT ACROSS THE BOARDNigeria has cut import duties 35 percent
Maritime
SHIPPERS REGRET MINETA RETIREMENT, HAIL HIM AS A "FRIEND IN CONGRESS'
Gregory S. Johnson |
Shippers are lamenting the announced retirement of Rep. Norman Y. Mineta, a man they say was a champ
SPECULATION GROWS OVER CONFERENCE MERGER
Journal of Commerce Staff |
Meetings next week in Kobe could result in a merger of two ocean carrier rate-setting groups in Japa
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday Sept. 12, 1995 Prevailing sellers' posted prices at the close of business, represent
CORRECTION
JOC Staff |
A story running on Page 11A in the Sept. 5 issue with the headline "American Re-Insurance to Open Me
TOWER AIR FACES LABOR BACKLASH OVER STAFF REDUCTION IN INDIA
Special to The Journal of Commerce |
Former local employees of Tower Air, among the first victims for some years of American hire-and-fir
COMMERCE IS HERE TO STAY
Richard Lawrence |
Commerce Secretary Ronald Brown Tuesday stood rock-like against legislation that would eliminate his
DOLLAR TOPS 100 YEN DEALERS SEE RISE CONTINUING
Jean Sundrla |
The U.S. dollar sailed above 100 yen Tuesday. "By the middle of the first quarter of 1996, t
MINE'S CLOSURE SEEN AS BLOW TO GUYANA'S ECONOMIC GROWTH EFFECTS EXPECTED TO LAST INTO '96
Canute James |
Guyana's economic planners are reassessing their projections following the indefinite shutdown of th
Maritime
WOMEN'S HEALTH POLICIES ON THE RISE IN CHINA STATE-RUN PICC FILLING PUBLIC EMPLOYERS' GAP
P.T. Bangsberg |
China's main state-run insurer is targeting women's health as people become aware of the need for co
CF MOTORFREIGHT UNVEILS PROGRAM TO SPEED TRANSIT DIFFERENT ROUTES, JOB CUTS PLANNED
Chris Isidore |
Responding to demands of shippers and the offerings of both national and regional competitors, CF Mo
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
ASSETS OF NORFOLK SHIP REPAIRER, JONATHAN CORP., TO BE AUCTIONED
Christopher Dinsmore |
Want to buy a shipyard? After 23 years, the high-flying ship repairer Jonathan Corp. is gone. Signs
Maritime
CHINA'S PORTS STRUGGLE TO KEEP UP WITH DEMAND
P.T. Bangsberg |
In transport terms, there's no lack of ships to move the increasing amount of coal Asia wants. The p
TRADE FAIRS
JOC Staff |
NORTH AMERICA NHITA World Trade Expo. Sept. 19. Manchester, N.H. Contact: Tiffany Woof, (603
Maritime
UNDERGROUND SHANGHAI SHOPPING CENTER OPENS
Journal of Commerce Staff |
An underground shopping center has opened beneath People's Square in downtown Shanghai, with 100 sho
Maritime
SHIPPERS COUNT ON MEETINGS TO PREVENT PACIFIC RATE WAR
Mark Magnier |
Industry officials are banking on a rash of meetings among shipowners next week to avert a war of ra
NEAR TERM MAY LOOK VOLATILE, BUT OUTLOOK FOR JAPAN IS BULLISH
Mark Magnier |
The outlook for the Japanese coal market in the short term is somewhat volatile. But over the long h
LONDON'S PETROLEUM EXCHANGE PLANS NATURAL GAS FORWARDS AND FUTURES
John Zarocostas |
The International Petroleum Exchange of London will launch natural gas forwards and monthly futures
US-INDIA DEADLOCK ON AIR ACCORD COULD STALL OK FOR NEW FLIGHTS
N. Vasuki Rao |
The government seems likely to stall approval of new U.S. air services after American and Indian avi
GRAZING MEASURE CLEARS HOUSE PANEL
Knight-Ridder Financial |
A House subcommittee Tuesday approved a proposal to reform U.S. cattle grazing on public lands, a bi
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
VERACRUZ BOX TERMINAL OPERATOR CONTINUES NEGOTIATING DISCOUNTS
Kevin G. Hall |
The new container terminal operator here at Mexico's busiest waterfront is continuing to negotiate v
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SUGAR REFINERY STRIKE DIVERTS MATSON SHIPSAN FRANCISCO - A strike that began last we
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 12, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
INSURANCE BRIEFS
Wire and Staff Reports |
COVER-ALL, SUN ALLIANCE IN SOFTWARE LICENSE DEALFAIR LAWN, N.J. - Cover-All Systems
CORRECTION
JOC Staff |
An article with the headline "Project Finance Dwindles as Banks Balk at Risk" on Page 1A of the Tues
USDA: COTTON CROP "SHRINKS' 7 PERCENT YET STILL WILL SET A RECORD
Reuters |
Hot, dry weather shrank the size of the U.S. cotton crop by 7 percent, but it still will set a recor
AUSTRALIA CUTS ESTIMATE OF WHEAT PRODUCTION
Knight-Ridder Financial |
The Australian Wheat Board has revised its estimate of wheat production for 1995-96 (October-Septemb
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