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CURRENCY'S RISE CUTS INTO PROFIT, FLEET SIZE FOR OCEAN CARRIERS
Journal of Commerce Staff |
The Japanese shipping industry as a whole incurs 50 percent-60 percent of its costs in yen while col
CALTEX: STRIKE WOULDN'T CLOSE REFINERY
Knight-Ridder Financial |
A strike notice submitted by a labor union at Caltex Philippines to the management is unlikely to af
MARITIME BRIEFS
Wire and Staff Reports |
UNITHAI LINE TO LEAVE MOL JOINT SERVICETOKYO - Mitsui O.S.K. Lines, a leading Japane
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
REFINERY DEAL REPORTED BETWEEN IRAN, PAKISTANLONDON - Iranian Oil Minister Gholamrez
ZEDILLO DENIES ANY PLANS TO REFORM LABOR LAWS
Kevin G. Hall |
Mexican President Ernesto Zedillo Ponce de Leon has denied rumors his government plans to reform lab
TWA PUSHING TO RESTRUCTURE DEBT, BUT A DEAL WON'T END ITS PROBLEMS
Robin Sidel |
Trans World Airlines Inc.'s top executives are canvassing the country this week to win support for a
TRANSPORT EARNINGS KLM'S PROFIT QUADRUPLED TO $300 MILLION IN YEAR
Journal of Commerce Staff |
KLM Royal Dutch Airlines Thursday consolidated its position as one of Europe's most profitable carri
PUBLIC HEARING SLATED ON PLAN FOR WOOL LEVY
Paula L. Green |
The U.S. government will hold a public hearing later this month on a controversial proposal to levy
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
CIGNA INTERNATIONAL (Philadelphia) - Peter C. O'Connor, a 32-year veteran of the international insur
REFORMULATED GASOLINE POSES FIREFIGHTING HURDLE FOR SHIPS
Tony Mercandetti |
Reformulated gasoline, because of its high content of MTBE, represents new challenges in firefightin
Maritime
STATE FARM, GA. AT ODDS OVER RATES
Associated Press |
Just days after Hurricane Allison fizzled over Georgia, the state's largest home insurer is battling
INVESTMENT GROUP ACQUIRES STAKE IN MESA, SAYS STOCK UNDERVALUED
Reuters |
A group led by FMR Corp., the Boston-based investment manager for FidelityFunds, said Wednes
EXPORT ABCS - HENRY A. SAMUEL TERMS FOR LETTERS OF CREDIT MUST BE CAREFULLY DRAWN
Henry A. Samuel |
In theory, the next best way to get paid for your goods, after cash in advance, is by a letter of cr
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 8, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
GE TO SUPPLY EQUIPMENT AT 2 SAUDI POWER PLANTSGeneral Electric Co. said it would begin suppl
OPEC EXPECTED TO DISCUSS COMPETITORS' RISING OUTPUT
Reuters |
A rising tide of oil from its competitors is likely to be a key issue for the Organization of Petrol
KAZAKHSTAN SEEKING BIDS FOR THREE OIL ENTERPRISES
Reuters |
Kazakhstan on Thursday invited foreign firms to join a tender for three big oil enterprises whose sa
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, June 7, '94 - June 8, '95 (a graph) (2)D
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
KOBE PORT NAVIGATES RAPID QUAKE RECOVERY
Journal of Commerce Staff |
The impact of Japan's worst disaster since World War II - the massive earthquake that hit Kobe on Ja
ROADWAY UNIT KEEPS FLYING HIGH DESPITE GROUNDING OF CHARTER CARRIER
William Armbruster |
Contingency plans have enabled Roadway Global Air to keep operating smoothly this week, a spokesman
YELLOW, M.S., PST WARN EARNINGS MAY DISAPPOINT
Chris Isidore |
Yellow Corp., M.S. Carriers Inc. and PST Vans Inc. on Thursday became the latest trucking companies
TRANSPORT BRIEFS
Wire and Staff Reports |
AGENCY RELEASES REPORT ON BN-SANTA FE ISSUESWASHINGTON - The Interstate Commerce Com
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 233.79 off 0.27
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
EU SHIPOWNERS SAY BRUSSELS SHOULD AVOID A"GRAND DESIGN'
Bruce Barnard |
The European Union's eagerly awaited strategy paper for the maritime industry must not create a bure
Maritime
QUOTE TO NOTE ON RISKS OF US-JAPAN AUTO DISPUTE:
Roy Denman |
"When Ron Brown, U.S. commerce secretary, says opinions on the legality of (U.S. sanctions against J
Maritime
US BUSINESSES PUSH FOR INITIATIVES TO EASE DEALS WIT
WILLIAM DiBENEDETTO |
U.S. and Russian business interests hammered out an extensive wish-list of economic and policy initi
Maritime
KANSAI AIRPORT'S PRETAX LOSS NOT AS BAD AS FEARED
Journal of Commerce Staff |
Kansai International Airport Co. reported that its pretax loss for the fiscal year ended March 31 wa
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
SPOT PRODUCT PRICES
JOC Staff |
June 8, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SHIP LINES RIDE YEN'S CRESTS AND TROUGHS
Journal of Commerce Staff |
Japanese shipping lines spent most of 1994 restructuring their operations in a bid to adjust to the
BALTIC FREIGHT INDEX
JOC Staff |
2002 (June 8, 1995) Previous day - 2016 The Baltic International Freight Futures Market in L
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday June 8, 1995 Prevailing sellers' posted prices at the close of business, representi
SHIPOWNERS URGE P&I CLUBS TO OFFER COFRS
Liz Shuker |
Protection and indemnity clubs are being urged to provide Certificates ofFinancial Responsib
Maritime
UKRAINE FACES OBSTACLES TO DOLLAR-BACKED CURRENCY
Michael S. Lelyveld |
Ukraine's latest bid to issue a dollar-backed currency that would help attract much-needed investmen
US BANKER CAUTIONS THAIS ON CURBS OF OVERSEAS INTEREST IN BROKERAGES
Ron Corben |
Moves that would limit the level of foreign ownership of securities companies send the "wrong signal
DOLLAR FALLS VS. MARK AFTER RALLY PETERS OUT
Kamran Pasha |
The U.S. dollar fell Thursday after encountering technical resistance near 1.4210 deutsche marks. Ea
GINGRICH BACKS EXTENSION OF AVIATION FUEL TAX EXEMPTION
Lisa Burgess |
House Speaker Newt Gingrich, R-Ga., Thursday pledged his support to the airline industry to keep the
AFTER 50 PURPOSEFUL YEARS, JAPANESE ARE FEELING ADRIFT
Journal of Commerce Staff |
In the 50 years since the hard-fought battle here that marked the last major conflict of World War I
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