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LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 5, 1995Brent Crude Oil - (Dollars Per Barrel)_
FREIGHT RATE FUTURES
JOC Staff |
June 5, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
UK COMPANIES RAISING THEIR STAKES IN THE PHILIPPINES' REVIVING ECONOMY
P.T. Bangsberg |
American companies may lead the pack in foreign investment in the Philippines, but others are beginn
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
FOSS REMAINS OIL SPILL CONTRACTOR FOR PUGET SOUND COOPERATIVE
Journal of Commerce Staff |
Foss Environmental will continue to operate as the primary oil spill response contractor for a newly
CHINA BEGINS 1ST PHASE OF SUIZHONG 36-1 FIELD
Knight-Ridder Financial |
The first phase of China's Suizhong 36-1 oil field located in Bohai Bay has started production, the
US ACTION AGAINST EU SEEN IF BEEF BAN STAYS
Knight-Ridder Financial |
The United States will take action if the European Union has not dropped a ban on imports of U.S. be
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
TRANSPORT BRIEFS
Wire and Staff Reports |
AIR CARGO GROWTH SLIPPED TO 7.4 PERCENT IN APRILWASHINGTON - Growth in air cargo han
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 5, 1995 Prev. Life of Contr. OpenOpen High Low
CHINA INVITES US TO SELL MORE CONSUMER GOODS
Richard Lawrence |
The Chinese government, in an apparent effort to boost consumer goods importsfrom the United
ASIAN NATIONS GO TO "PRIVATE' WELL TO SLAKE THIRST FOR ELECTRIC POWER
Reuters |
Asia, with its fast-industrializing nations, needs up to $50 billion a year to generate and supply p
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
CALTEX'S THAI REFINERY ON PACE FOR '96 STARTCaltex's Thai refinery will start importing crud
COAL TERMINAL REPORT
JOC Staff |
JUNE 5, 1995 This table shows the vessels scheduled to call at U.S. coal terminals and the e
TRADERS SHRUG OFF RECENT DIP, SEE STRONG GASOLINE MARKET
Arthur Gottschalk |
Although wholesale gasoline prices have slipped from their pre-Memorial Day highs, the market could
GASOLINE PRICES
JOC Staff |
June 5, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
TODD SHIPYARDS CORP. BUYS 3 RADIO STATIONS
Journal of Commerce Staff |
Todd Shipyards Corp. is getting into radio broadcasting. The shipbuilding and ship-repair fi
Maritime
WILL REGAN, 86, DIES JOFC EMPLOYEE
Journal of Commerce Staff |
Will Regan, manager of The Journal of Commerce circulation sales office in Philadelphia, died Friday
JAPANESE STUDY URGES ABOLITION OF COASTAL SHIPPING CARTEL
Associated Press |
The abolition of a cartel that fixes the total tonnage of Japanese shipping firms would likely lead
Maritime
EX-DOT OFFICIAL BACKS CLINTON'S AVIATION POLICY
William Armbruster |
A top aviation policy-maker in the Reagan and Bush administrations expressed strong support for the
DISTRIBUTION AND LOGISTICS COSTS FORECAST TO RESUME DOWNWARD CYCLE
Rip Watson |
Thanks to productivity increases fueled by intrastate trucking deregulation, U.S. logistics and dist
US, HUNGARY FORGE CLOSER ECONOMIC TIES
Richard Lawrence |
Hungarian Prime Minister Gyula Horn, launching a nine-day, five-city trip across the United States,
PUSH-BUTTON CONTROL OF TIRE PRESSURE HELPS LOGGING ROADS, DRIVERS' BACKS
Doug Drowley |
A technology developed by the Eaton Corp. helps protect the health of watersheds and logging roads b
Transport, Trade and Regulation News
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 233.96 off 0.64 wh
OTTAWA'S REFORM PLAN DRAWS MIXED RESPONSES
Leo Ryan |
The overall thrust of planned marine-policy reforms outlined by Canadian Transport Minister Doug You
Maritime
CANADA'S P/C INSURERS SAW PROFITS RISE IN QUARTER
Leo Ryan |
After their worst year in a decade, Canada's property/casualty insurers are showing improvement, fir
CHINA RELYING ON DOMESTIC FUNDS TO BUILD THREE GORGES PROJECT
P.T. Bangsberg |
Lacking overseas funds, China is pressing ahead with its Three Gorges Dam project on its own, with 7
CONTRACTS DOWN, BUT ANERA SEES REVENUE UP
Bill Mongelluzzo |
Shipping lines that set rates together in the trade from Asia to North America will sign fewer contr
COTTON CROP RECOVERS IN INDIA, OFFICIAL SAYS
Reuters |
The vital cotton crop is back on track after two years of disappointing harvests and there should be
MALAYSIA'S PETRONAS PLANS TO EXPAND INVESTMENTS
Reuters |
Malaysia's state-run oil company, Petronas, will continue to target the domestic gas market while ex
DAILY PETROLEUM PRICES
JOC Staff |
Monday June 5, 1995 Prevailing sellers' posted prices at the close of business, representing
QUOTE TO NOTE ON EARTHQUAKE INSURANCE CRISIS:
Chuck Quackenbush |
"I am prepared to exercise my emergency powers and create a mandatory earthquake insurance pool if t
Maritime
KWELM SAYS IT'S ON TRACK TO PAY 40 PERCENT ON CLAIMS
HELEN R. MacLEOD |
Kwelm, the world's largest insurance insolvency, has estimated the eventual payment on claims still
CORRECTION
JOC Staff |
The award-winning exporter story headlined "Rockland Industries Inc.," which appeared onPage 4A on F
Maritime
TECHNOLOGY BRIEFS
Wire and Staff Reports |
NEBRASKA PASSES BILL FOR ETHANOL INCENTIVESLINCOLN, Neb. - Nebraska plans to use sta
Transport, Trade and Regulation News
CANADA-US PANEL ON GRAIN TRADE CONCLUDES SESSIONS
Knight-Ridder Financial |
The Canada-U.S. Joint Commission on Grains wrapped up its last meeting Friday before the June 12 dea
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending June 2, 1995. U
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
INCOME UP SHARPLY AT MID OCEAN LTD.HAMILTON, Bermuda - Mid Ocean Ltd. reported a jum
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 5, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
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