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NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Apr. 27, 1995 Prev. Life of Contr. OpenOpen High Low
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 27, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
QUOTE TO NOTE ON BRAZIL'S SELF-IMAGE:
Fernando Cardoso |
"We are all the time looking for disaster. We keep saying: 'It cannot be true, it's so good, it is i
Maritime
BRAZIL DOUBLES VALUE OF STATE UTILITIES TO BE PRIVATIZED
James Bruce |
The government of Brazilian President Fernando Henrique Cardoso is waking up a somnambulant privatiz
UNEMPLOYMENT DROPS IN NORWAY
Knight-Ridder Financial |
Norway's April unemployment rate fell to 4.6 percent from 4.9 percent in March, the Employment Direc
UNSAFE BULKERS ENDING UP ON ATLANTIC, OFFICIAL SAYS
Janet Porter |
The Atlantic has become the dumping ground for poor-quality bulkships that have been driven from the
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
CHINA ALLOWS KOREAN AIR TO USE ITS AIRSPACESEOUL, South Korea - China has opened its airspac
PRECIOUS SHIPPING BUYS 8 HANDYSIZE VESSELS
Knight-Ridder Financial |
Precious Shipping Public Co. will take delivery of eight new ships of about 18,000 deadweight metric
Maritime
S. AFRICAN GOLD OUTPUT DECLINES AGAIN
Knight-Ridder Financial |
The South African gold-mining industry's losing battle against sporadic labor disruptions at its min
INSURANCE EARNINGS
Wire and Staff Reports |
AIG'S EARNINGS ROSE 13 PERCENT IN FIRST QUARTERAmerican International Group Inc. Thursday re
IMF LEADERS SUPPORT SAFETY NET FOR CRISES, BUT GIVE IT LOW PRIORITY
Richard Lawrence |
World financial leaders see little urgency to expanding the International Monetary Fund's resources
RUNWAY COLLISIONS REMAIN A CONCERN FOR REGULATORS
Lisa Burgess |
It was another routine late-evening flight for the Trans World Airlines jet departing from Lambert-S
HONG KONG, TAIWAN LIKELY TO EXTEND AVIATION PACT
Special to The Journal of Commerce |
Negotiations aimed at extending the commercial air agreement between Taiwan and Hong Kong resumed Th
TRANSPORT BRIEFS
Wire and Staff Reports |
AIRBORNE EXPRESS HAS WHITE HOUSE CONTACTSIt pays to have contacts in high places.Air
INDIA THROWS OPEN ITS DOORS TO IMPORTS OF NEWSPRINT
N. Vasuki Rao |
The government Wednesday freed imports of newsprint from licensing procedures and announced lifting
Maritime
RIGHTS TO ARGENTINE GOLD DEPOSIT LIKELY TO GO TO NORTH LTD., ALGOM
Knight-Ridder Financial |
A new joint bid this week from Australia's North Ltd. and Canada's Rio Algom Ltd. is likely to be th
TRADE LEADS
JOC Staff |
Suppliers of the following items seek importers/distributors. Interested parties are asked to contac
Maritime
EXPORT ABCS - HENRY A. SAMUEL CAREFUL STEPS MUST BE TAKEN TO MAKE FOREIGN INVESTMENT PAY
Henry A. Samuel |
With the global village concept, more exporters than ever are offered opportunities to invest abroad
Maritime
NIGERIA VOWS PAYMENT FOR PIPELINES
Knight-Ridder Financial |
Dan Etete, Nigeria's secretary of state for petroleum resources, has pledged to complete payment soo
CZECH OIL INDUSTRY SEEKS TO EXPAND TO MEET PREDICTED BOOM IN DEMAND
Reuters |
The Czech oil industry, straitjacketed for decades in a communist trading system, is rushing to expa
RESIDENTS FLEE AS PIPELINE BLAST IN RUSSIA SENDS FLAMES SKY HIGH
Reuters |
A huge explosion at a gas pipeline in a remote part of northern Russia sent a pillar of fire high in
STATE FARM, FARMERS UNITS DOWNGRADED BY A.M. BEST
From Wire and Staff Reports |
A busy A.M. Best Co. lowered ratings this week on property/casualty units of State Farm Mutual Autom
HAPAG-LLOYD PROFIT JUMPED IN '94
Janet Porter |
Strong European exports helped lift the net profit of Hapag-Lloyd AG by nearly 60 percent last year.
Maritime
IMPORTERS ALTERING TRANSPORT DEALS ON CHINA GOODS SHIPPING CONTRACTS SPECIFY CONTROL AT FACTORY GATE
Peter M. Tirschwell |
When the dust settles from a last-minute scramble that by next month will yield some 500 contracts b
CUBA CONTRACTS OUT SEAFARERS TO EASE CRITICAL CURRENCY WOES
Reuters |
Cuba is contracting out its seamen to foreign shipping and fishing companies to help its hard curren
Maritime
ONTARIO STEPS UP TRUCK INSPECTIONS FINES MAY JUMP
Gregory S. Johnson |
Citing accidents in which truck wheels came off, causing two fatalities, Ontario is stepping up insp
TOUGH DECISION ON TAXES LOOMS FOR MAQUILADORAS
Kevin G. Hall |
U.S. firms manufacturing and assembling in Mexico's border region must soon choose between two types
BALTIC FREIGHT INDEX
JOC Staff |
2333 (Apr. 27, 1995) Previous day - 2320 The Baltic International Freight Futures Market in
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
BLUE STAR (NORTH AMERICA) LTD. - Philip Pawley was named owner's representative for Blue Star Line i
Maritime
OPERATING PROFIT SLUMPS TO 5-YEAR LOW AT VA. YARD
Lisa Huber |
Newport News Shipbuilding's operating profit fell to the lowest level in more than five years during
Maritime
SEA TRIALS - DAVID JUNGMAN WITH ALL DUE APOLOGIES TO GERTRUDE STEIN, A RIG ISN'T ALWAYS A RIG
David Jungman |
When is an offshore drilling rig not just a drilling rig? When it's considered a vessel, subject to
Maritime
COST OF CATASTROPHES SPARKS TREND TOWARD GLOBAL INSURANCE STRATEGIES
Brian Johns |
The skyrocketing cost of catastrophes is spurring insurance providers to develop increasingly compre
STRONG COAL MARKET, DECLINING FLEET TAX BARGE FIRMS ON THE MISSISSIPPI
Tim Sansbury |
U.S. coal exporters and Mississippi River barge operators are at a crossroads created by a surge in
Maritime
US AIR POLICY TO PRESERVE CIVIL RESOURCES FOR DEFENSE USE
Lisa Burgess |
Preserving the nation's civil air resources for use in defense contingencies has emerged as a new el
US, EU PLAN DISCUSSIONS ON IMPLEMENTING FREE-TRADE ZONE
Bruce Barnard |
The European Union will study the feasibility of establishing a free-trade zone with the United Stat
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
MEXICAN SOYBEAN CROP SEEN DROPPING BY 13 PERCENTWASHINGTON - Mexico's soybean produc
STUNG BY DOLLAR'S DIVE, IRANIAN OIL FIRM WANTS TO PRICE JAPANESE SALES IN YEN
Reuters |
National Iranian Oil Co. (NIOC), Iran's state oil company, has proposed denominating oil sales to Ja
JAPAN AUTO EXECUTIVES BELIEVE US IS BLUFFING TRADE OFFICIALS AFFIRM LIKELIHOOD OF SANCTIONS
John Maggs |
Although Japanese trade officials have come to accept that the United States is prepared to move for
RAILROADS UNLIKELY TO SUSTAIN 1ST QUARTER'S STELLAR PERFORMANCE
Rip Watson |
The slowing U.S. economy is making the rousing first-quarter financial performance by major U.S. rai
JOURNAL OF COMMERCE - FAST FACTS CUT FLOWERS: US PRODUCTION AND TRADE
U.S. International Trade Commission |
Pie chart: U.S. made to U.S. buyers 461U.S. imports 382U.S. export
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