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SPOT PRODUCT PRICES
JOC Staff |
July 21, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
2ND-QUARTER GDP ROSE 0.6 PERCENT IN UK
Knight-Ridder Financial |
U.K. gross domestic product rose by a real, seasonally adjusted 0.6 percent in the second quarter of
PYONGYANG'S DOWRY FOR SEOUL: AN AGING TRANSPORT SYSTEM
Journal of Commerce Staff |
A Korean proverb has it that the best marriages and the happiest couples are made up of men from the
UK EASES CREWING RULES, ALLOWS FOREIGN OFFICERS
Janet Porter |
British-registered ships will be permitted to operate without any U.K. crewmembers under new rules t
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
S&P AFFIRMS 'AAA' FOR UK'S STANDARD LIFEStandard & Poor's affirmed its highest claims-paying
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three Weeks Ended July 15, 1995, vs. Similar 1994 Period Cars CarsLoaded Loaded
PLAN TO UNCLOG LOGAN AIRPORT DRAWS FIRE MASSPORT SEEKS NEW RUNWAY, FEE SYSTEM
Michael S. Lelyveld |
The Massachusetts Port Authority is facing foes on two sides following the release last week of a st
UNITED WE STAND . . . : BMWE CHIEF CALLS FOR A SINGLE NATIONAL RAIL UNION
Paul F. Conley |
The most-popular speaker at the convention of the United Transportation Union last week wasn't even
MEXICO DELAYS BIDS FOR INDEPENDENT POWER PRODUCER
Kevin G. Hall |
Bidding for Mexico's first independent power plant again was delayed, this time to incorporate biddi
CALBAG TO ACQUIRE 2 SCRAP OPERATIONS FROM SCHNITZER STEEL
Journal of Commerce Staff |
Calbag Metals Co., a large nonferrous scrap metal processor based in Portland, Ore., will purchase t
SHELL INTENDS TO STICK WITH BUOY-SCRAPPING PLAN
Knight-Ridder Financial |
Royal Dutch/Shell Group, the parent company of Shell U.K. Exploration and Production, does not expec
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
GAS DEMAND EXPECTED TO HIT 22-YEAR HIGHU.S. natural-gas demand is forecast to grow 2.6 perce
FREIGHT RATE FUTURES
JOC Staff |
July 21, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
"MATURE' ECONOMY SHOWS NO SIGNS OF OVERHEATING
Journal of Commerce Staff |
For an economy that's supposedly maturing and facing growing pains, South Korea shows no sign of let
MUNICH RE BACK IN BLACK FOR FIRST TIME SINCE '78
HELEN R. MacLEOD |
The Munich Reinsurance Co., the largest reinsurance firm in the world, put its underwriting results
ALABAMA PORT DIRECTOR CREDITS LABOR HARMONY FOR BUSINESS BOOM
Mobile Press-Register |
Business is up significantly at the Alabama State Docks Authority, and the reason is improved workin
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 15, total piggyback freight hauled on the nation's major railroads equaled 1
WTO BODY OFFICIALLY RULES AGAINST US ON UNDERWEAR
John Zarocostas |
The Textiles Monitoring Body delivered a final ruling by consensus here Friday that imports of under
Maritime
US WILL SUE IDAHO MINING FIRMS FOR DAMAGE TO NATURAL RESOURCES
Associated Press |
The federal government told northern Idaho's surviving mining companies that it intends to sue them
GENERAL DYNAMICS' PROFIT RISES 15 PERCENT
Associated Press |
General Dynamics reported Wednesday that second-quarter earnings increased 15 percent, aided in part
Maritime
KAOHSIUNG AIMS TO LEAPFROG SINGAPORE, HONG KONG PORTS
Kevin Chen |
The architects of the future at this third-biggest port in the world dream big. "Surpassing
Maritime
CARMAKERS FIND NICHE IN SMALLER MARKETS
Journal of Commerce Staff |
The sparks fly in dramatic arcs like the trail from a magic wand as sheets of metal are slammed toge
STEEL EXPORTS VIA SEAWAY SKYROCKET
Journal of Commerce Staff |
U.S. exports of steel through the St. Lawrence Seaway - traditionally a tiny portion of Seaway volum
Maritime
SEA-LAND MERGER POSSIBLE _ LATER, CSX CHIEF SAYS MAERSK ALLIANCE STILL TOPS AGENDA
Michael Fabey |
A merger between ocean carriers Sea-Land Service Inc. and Maersk Line is possible, but not now, said
SMALLER SHIPMENTS CREATE OPPORTUNITIES FOR TRUCKERS
Gregory S. Johnson |
The nation's retailers are revolutionizing the trucking industry as their penchant for smaller and m
INDIA FIRM IN CEMENT VENTURE TO IMPORT S. AFRICAN SECONDHAND POWER PLANT
N. Vasuki Rao |
KHSL Industries Ltd., a Calcutta firm that makes refractory (heat resistant) raw material, will impo
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
SHIPPERS HAIL JAPAN PACT AS FEDEX READIES HUB
William Armbruster |
Shippers welcomed the agreement between Japan and the United States to settle their heated aviation
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
VIETNAM STUDYING NUCLEAR POWER OPTIONSHANOI, Vietnam - The Vietnamese government is
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
HOUSE SUBCOMMITTEE HEARS SHIPYARD-SUBSIDY DEBATE
William L. Roberts |
Rival factions within the shipbuilding industry faced off against each other last week before a Hous
Maritime
MEXICO REOPENS 3 BORDER STATES TO IMPORTS OF USED CAR TIRES
Journal of Commerce Staff |
Mexico's commerce ministry announced an accord to open up three border states for the import of used
2 TANKER FIRMS ATTACK US SHIPBUILDING LOAN PROGRAM
Tim Shorrock |
Two of the largest owners of oil product tankers sailing in U.S. coastal waters are waging a campaig
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 27, '94 - July 21, '95 (a graph) (2
COST OF CREDIT
JOC Staff |
Friday, July 21, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EUROPE'S MONETARY STRAINS LIKELY TO HURT US DOLLAR, ANALYSTS SAY
Gordon Platt |
Strains in the European Monetary System don't bode well for the U.S. dollar, currency traders and an
CHINESE STIMULUS EXPECTED TO SPUR COTTON OUTPUT
Knight-Ridder Financial |
Price incentives initiated by the Chinese government to boost cotton output have encouraged increase
SIBERIAN REGIONS REQUEST OIL SHARES, TARIFF INCOME
Reuters |
Siberian regions asked the government for control over half the shares held by the state in Russia's
ANALYSTS ARE DUBIOUS ABOUT THREAT OF FRENCH BOYCOTT BY JAPANESE
Mark Magnier |
Despite calls by Japanese politicians late last week to boycott French products until the European n
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 21, 1995Brent Crude Oil - (Dollars Per Barrel)
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