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DAILY PETROLEUM PRICES
JOC Staff |
Thursday June 1, 1995 Prevailing sellers' posted prices at the close of business, representi
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 232.72 off 0.03
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 1, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
BALTIC FREIGHT INDEX
JOC Staff |
2081 (June 1, 1995) Previous day - 2096 The Baltic International Freight Futures Market in L
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
MARITRANS INC. (Philadelphia) - Francis D. Bailey Jr. and Richard T. McCreary will join the tugboat
Maritime
INTERMODAL ON ROCKY ROAD IN CENTRAL, EASTERN EUROPE
Michele Kayal |
Combined road and rail transport service is facing a rough ride in central and eastern Europe.
DENVER AIRPORT OFFERS BONDS
Associated Press |
Denver International Airport bonds will be re-marketed for the first time at a AAA rating, the highe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
IMPORT ABCS - DONALD L. FISCHER, ESQ. ROUTINE INTERNAL AUDITS AID IN DOCUMENTING PRACTICES
Donald L. Fischer, Esq. |
By now, most importers have become familiar with the new "informed compliance" standards mandated la
Maritime
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
NEW HAMPSHIRE OKS TAKEOVER OF HOME CO.
Journal of Commerce Staff |
The state of New Hampshire gave final approval for the takeover of Home Insurance Co. by the Zurich
MARITIME BRIEFS
Wire and Staff Reports |
SUPPORTERS PLAN RALLY FOR PORTSMOUTH YARDKITTERY, Maine - Portsmouth Naval Shipyard
Maritime
MANAGING TRAFFIC - GREGORY S. JOHNSON SHIPPERS PUT SPOTLIGHT ON TERMINAL CHARGES AT JAPANESE PORTS
Gregory S. Johnson |
For years, ocean shippers have grumbled about, but paid, terminal handling charges. But now, with a
USDA CHIEF VOWS FLEXIBILITY IN FEDERAL FARM CROP INSURANCE
Associated Press |
South Dakota farmers will have more flexibility in the federal crop insurance program to help them c
SPOT PRODUCT PRICES
JOC Staff |
June 1, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 31 '94 - June 1, '95 (a graph) (2)DA
CONOCO TO JOIN VENEZUELAN REFINING VENTURE
Knight-Ridder Financial |
State-run oil company Maraven on Thursday signed a preliminary agreement with Conoco Inc. for the ex
TRADE BRIEFS
Wire and Staff Reports |
EU TO POOL RESEARCH FOR TECHNOLOGY GROWTHThe European Union's executive body launched an off
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 1, 1995Brent Crude Oil - (Dollars Per Barrel)_
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: U.S. Department of AgricultureForeign Agricultural Service<
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
AIR CANADA, CATHAY PLAN HONG KONG RUNMONTREAL - Air Canada and Cathay Pacific Airway
US WANTS MEXICO TO RESTART TRUCKER DRUG-TESTING TALKS ACCORD SOUGHT BEFORE BORDER STATES OPEN
Kevin G. Hall |
Prompted by concerns that Mexican truckers may not meet U.S. drug and alcohol regulations when borde
RAIL, LONG NEGLECTED IN CHILE, BACK ON TRACK
Margaret Orgill |
A group of travelers dances enthusiastically in the bar to Latin American folk music. In the next ca
PORTUGAL'S INDUSTRIAL OUTPUT RISES
Knight-Ridder Financial |
Portugal's industrial production index for February showed output increased 2.0 percent from a year
PHILIPPINES WILL SELL ITS STAKE IN PHOSPHATE FERTILIZER MAKER
Cecilia Quiambao |
The government is to sell its share in the country's biggest fertilizer plant, Philippine Phosphate
ANTWERP HOPES TO BUY CONTROL OF A RELUCTANT ZEEBRUGGE PORT
Bruce Barnard |
The inland river port of Antwerp wants to take over its coastal rival Zeebrugge, setting the stage f
Maritime
FAMILY WANTS TO REVIVE DOCKS AND MINE IN VA.
Associated Press |
Part of the oldest plantation in Virginia may undergo an unusual restoration in a project that could
Maritime
BRAZIL'S LOWER HOUSE VOTES TO OPEN CABOTAGE
James Bruce |
The lower house of the Brazilian Congress voted this week to stop reserving domestic water transport
Maritime
ST. LOUIS WATER LEVEL STILL TOO HIGH FOR BARGING
Paul F. Conley |
U.S. Coast Guard projections are that water levels on the Mississippi River at St. Louis harbor will
Maritime
US PIPE PRODUCERS SEEK ACTION AGAINST S. KOREA
Richard Lawrence |
U.S. steel pipe and tube producers, hoping to take advantage of new international trade rules, calle
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 1, 1995 Prev. Life of Contr. OpenOpen High L
POOR BULKSHIP QUALITY, REPAIRS TO KEEP RATES UP, EXPERTS SAY
Janet Porter |
Many of the bulk carriers built in the 1980s may not last their intended lifespan because of inferio
Maritime
ON THE EDGE OF E. ASIA, REGIONS LINK FOR GROWTH
Cecilia Quiambao |
Frontier regions of the Philippines, Indonesia and Malaysia, plus tiny Brunei, are upgrading their h
Maritime
WORLDWIDE REINSURERS SHUN US PROPERTY CATASTROPHE RISKS
Margo D. Beller |
Many property catastrophe reinsurers are ready to offer coverage for underwriters worldwide.
PEOPLE - INSURANCE
Wire and Staff Reports |
ALLIANCE OF AMERICAN INSURERS (Schaumburg, Ill.) - Andrew W. Attivissimo, president of Empire Insura
NORWEGIAN SEAMEN EXPECT JOB GROWTH
Journal of Commerce Staff |
Jobs for Norwegian seafarers are on the increase, following tax concessions that reduce employment c
Maritime
MEXICAN TRUCKS, BUSES GET TAX CREDIT ON FUEL PURCHASES
Kevin G. Hall |
In the Mexican government's first softening of a severe austerity package, motor carriers and bus co
RED MEAT WILL GET LARGEST CUT OF USDA EXPORT PROMOTION FUNDS
Peter M. Tirschwell |
The U.S. Agriculture Department will devote the largest chunk of its 1995 export promotion budget to
UPS TO PUT ANOTHER $1.1 BILLION INTO ITS OPERATIONS IN EUROPE
Gregory S. Johnson |
Signaling its intention to stay the course across the Atlantic, United Parcel Service is pumping $1.
US DOLLAR SOARS AFTER CENTRAL BANK INTERVENTION
Jon E. Hilsenrath |
The U.S. dollar rose sharply Wednesday after the Federal Reserve joined other central banks in surpr
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