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DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Aug. 2, 1995 Prevailing sellers' posted prices at the close of business, represent
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
MOBIL CORP. EVACUATES WORKERS IN ERIN'S PATHNEW YORK - Mobil Corp. said Wednesday it
TRADE BRIEFS
Wire and Staff Reports |
PAKISTAN TO CHALLENGE JAPANESE FEES ON YARNISLAMABAD, Pakistan - Pakistan is to chal
Maritime
COASTAL STEAMBOAT MAY SHED ITS RUST TO SAIL AGAIN
Michelle Boorstein |
In the decades since it ferried high-society types to Martha's Vineyard and Nantucket, the once-luxu
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
CRUM & FORSTER INSURANCE (Parsippany, N.J.) - Richard Coskren has joined the company as director of
TRANSPORT BRIEFS
Wire and Staff Reports |
EXPEDITORS INTERNATIONAL POSTS JUMP IN PROFITSEATTLE - Expeditors International of W
WTO WIN BUOYS THAIS IN TEXTILE FIGHT WITH US
Ron Corben |
The Thai government will press its case against quotas on textile exports to the United States after
Maritime
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
CIGNA'S NET RISES, BUT P/C DIVISION PLANNING JOB CUTS COSTS TO BE PARED BY $75 MILLION
Margo D. Beller |
Despite overall increases in net income and revenue, Cigna Corp. said Wednesday it would eliminate s
TRANSPORT CALENDAR
JOC Staff |
China Freight. Aug. 7-10. International exhibition of freight-transport equipment, services and tech
JOURNAL OF COMMERCE - FAST FACTS US-EASTERN EUROPE CONTAINERIZED, COMMERCIAL CARGO
""Trade Horizons," PIERS, New York |
No text.
DOLLAR RISES AGAINST YEN TRADERS SEE FURTHER GAINS
From Wire Reports |
The dollar rose sharply against the yen Wednesday, boosted by intervention by the Japanese central b
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 2, 1995 Prev. Life of Contr. OpenOpen High L
MARITIME CALENDAR
JOC Staff |
Display of Finely Detailed Ship Models. Through December. New York. Models representing ships from t
Maritime
HOUSE PANEL PASSES BILL TO DEREGULATE SHIPPING
William L. Roberts |
The House Transportation and Infrastructure Committee voted Wednesday to advance the Ocean Shipping
IT'S BUSINESS AS USUAL AS ERIN SPARES S. FLORIDA
William Armbruster |
The transportation industry resumed normal operations in South Florida Wednesday after shutting down
BRAZIL EXPECTED TO PRIVATIZE RAILROADS IN '96
Knight-Ridder Financial |
Brazil's government very likely will privatize its entire rail network starting in January and endin
SPOT PRODUCT PRICES
JOC Staff |
Aug. 2, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
FRANCE-ARGENTINA DISPUTE UNLIKELY TO GO TO WTO
John Zarocostas |
The decision by the Australian government Tuesday to prohibit a French aircraft company from bidding
Maritime
TRADE BRIEFS
Wire and Staff Reports |
MANAGEMENT AT TOKYO CREDIT UNIONS SCRUTINIZEDTOKYO - Tokyo city authorities, seeking
Maritime
NIPPON OIL JOINS TEAM IN GAS PROJECT OFF MALAYSIA
Associated Press |
Nippon Oil Co., the largest distributor of petroleum products in Japan, said Wednesday it has signed
PORT OF SEATTLE LOOKS TO FREEZE ADMINISTRATIVE COSTS FOR 5 YEARS
WILLIAM DiBENEDETTO |
Officials at the Port of Seattle want to stem burgeoning administrative costs and keep them flat for
Maritime
TRADING WITH CUBA CUBA OPENING SOME SECTORS TO INVESTORS FROM ABROAD
Maria Carlino |
Since the end of the Cold War Cuba has gradually warmed up to investment and trade with Western coun
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
JOINT VENTURE TO SERVE CANADA-CARIBBEAN TRADEMIAMI - Aim Caribbean Express, a non-ve
Maritime
EU NAMES DUTCHMAN TO HEAD OFFICE OVERSEEING SHIPPING ANTITRUST PROBES
Bruce Barnard |
The European Commission appointed a new head of the division responsible for antitrust investigation
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
CSL GROUP INC. (Montreal) - Sam Hayes will become president and chief executive, effective Oct. 1, w
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
NEDLLOYD CONSOLIDATES US SUPPORT OFFICESATLANTA - Nedlloyd Lines is consolidating it
Maritime
YEN PLUMMETS ON INTERVENTION, INVESTMENT PUSH ANALYSTS SEE TREND OF DEPRECIATION
Mark Magnier |
The yen, propelled by Japanese and U.S. central bank intervention, plunged against the dollar Wednes
CONSOLIDATOR TO EXPAND AIR SERVICE TO EUROPE
William Armbruster |
Consolidators International Inc., an air freight wholesaler, said it will begin offering service fro
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 2, 1995Brent Crude Oil - (Dollars Per Barrel)_
API WEEKLY REPORT US CRUDE OIL STOCS INCREASE
Journal of Commerce Staff |
U.S. inventories of crude oil rose by 3.3 million barrels during the week ended July 28, compared wi
PLAN TO CUT POWER AGENCY SPENDING WILL MAKE SALMON EXTINCT, GROUP SAYS
WILLIAM DiBENEDETTO |
A congressional plan to ease the Bonneville Power Administration's financial woes by placing a cap o
FINGER-POINTING WRECKS AMTRAK COMPROMISE
William L. Roberts |
A compromise between rail labor and House Republicans on Amtrak reforms dissolved Wednesday as both
TRANSPORT BRIEFS
Wire and Staff Reports |
FOREIGN INVESTORS GAIN MAJORITY STAKE IN QANTASSYDNEY, Australia - Foreign investors
GASOLINE PRICES
JOC Staff |
Aug. 2, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
INSURANCE BRIEFS
Wire and Staff Reports |
MASS. INSURER RELENTS ON AUTO DISCOUNT PLANSOne day after accusations from some of its agent
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
EU RAILS TO SWITCH GEARS AS FREIGHT SLUMP CONTINUES
Bruce Barnard |
Europe's railway companies, unable to win back freight from trucks and passengers from cars and plan
CATERPILLAR SELLS CHILE 17 MINING MACHINES
Reuters |
Caterpillar Inc. said Tuesday it has sold 17 large mining machines worth $16 million for use in a ne
Maritime
QUOTE TO NOTE ON EVILS OF MARITIME SUBSIDIES:
_ Harold E. Shear |
"Nearly 50 years of subsidies have not prevented the demise of the U.S. merchant marine . . . Subsid
Maritime
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