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DAILY PETROLEUM PRICES
JOC Staff |
Tuesday May 2, 1995 Prevailing sellers' posted prices at the close of business, representing
INDEPENDENT LINES DECLINE TO FOLLOW TACA ROLLBACKS
Michael Fabey |
Despite rate rollbacks offered by the conference of carriers that sets prices for moving container c
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
HOUSE REPUBLICANS SAY IRAN EMBARGO TOO WEAK, PREPARE TOUGHER PROPOSAL
William L. Roberts |
House Republicans, questioning whether the Clinton administration's proposed unilateral trade embarg
FINANCING TRADE - GORDON PLATT WORLD BANK OFFERS PROJECT GUARANTEES TO SPUR PRIVATE FUNDS
Gordon Platt |
World Bank guarantees will play a significant role in coaxing private capital flows to major infrast
Maritime
FILIPINOS' FUROR AT HANGING SEEN PUTTING OFF INVESTORS
Mark Magnier |
The diplomatic tussle between Singapore and the Philippines resulting from the hanging of a Filipino
Maritime
PALLET PALLET INC. FINDS ACQUISITION TO ITS TASTE
Gregory S. Johnson |
The move by Pallet Pallet Inc. to acquire Industrial Packaging Corp., the Ontario, Mich., pallet man
NEVADA SCRAPS PROGRAM TO CONSERVE ENERGY
Associated Press |
The Nevada Public Service Commission has pulled the plug on an energy- conservation program, saying
INDIAN BACKS REVIEW OF US POWER PROJECT
N. Vasuki Rao |
The head of a large industry grouping Monday supported the right of the Maharashtra state to review
KANTOR DEMANDS REFORMS IN CANADA'S WHEAT SYSTEM
Knight-Ridder Financial |
Canada must reform its wheat marketing system before the United States will open its borders again t
LYKES' DEPARTURE FROM BOSTON STIRS A WAVE OF QUESTIONS AT MASSPORT
Michael S. Lelyveld |
As shippers scrambled to cope with Lykes Bros. Steamship Co.'s withdrawalfrom the port, offi
Maritime
DALLAS/FT. WORTH AIRPORT HAILSTORM DISABLES 9 PERCENT OF AMERICAN'S FLEET
Dallas Morning News |
Last weekend's hailstorm at Dallas/Fort Worth International Airport disabled 9 percent ofAmerican Ai
INSTANT NOODLES A QUICK HIT AMONG CHINESE
Associated Press |
Japanese instant noodle makers have set up or are setting up production plants in China to exploit g
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 236.64 up 1.34 whi
FREIGHT RATE FUTURES
JOC Staff |
May 2, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NEWSPRINT: WATERBORNE EXPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
LYKES GETS OK TO USE A FOREIGN-FLAG SHIPWASHINGTON - Lykes Bros. Steamship Co. won p
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
BRITISH AIRWAYS (New York) - The following announcements were made in U.S. cargo operations: Richard
USED CAR SALES REACH RECORD HIGH IN JAPAN
Journal of Commerce Staff |
The Japan Automobile Dealers Association said that Japan's used car sales for the fiscal year ending
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
CHEMICAL CAR IN RIVER AFTER WASH. DERAILMENTSEATTLE - A Union Pacific train derailed
JAPAN'S VEHICLE SALES ROSE O.5 PERCENT IN APRIL
Associated Press |
Japan's sales of new vehicles rose 0.5 percent in April over the same month a year earlier, indicati
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 2, 1995 Quotations are based on prices reported in the market or obtained from sup
INDIA'S WHOLESALE PRICE INDEX SHOWS 8.95 PERCENT INCREASE ON YEAR
Knight-Ridder Financial |
India's official wholesale price index for all commodities rose provisionally by 8.95 percent for th
DOMESTIC CARGO LIABILITY SPAT SLOWS INTERNATIONAL PROGRESS
Kevin G. Hall |
Debate in the United States over liability for cargo moving across the country is frustrating alread
IMO COMMITTEE WILL DISCUSS REVISING CODE ON NUCLEAR FUEL
HELEN R. MacLEOD |
Revision of the international code dealing with the transport of irradiated nuclear fuel by sea will
Maritime
CONRAIL HAS SECOND THOUGHTS ON OVERSIZED CARGO RATES
Rip Watson |
Conrail is rethinking a six-week-old plan that overhauled the procedures for handling extra-heavy an
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
SPOT NATURAL GAS PRICES
JOC Staff |
NATURAL GAS CLEARINGHOUSE Natural Gas Clearinghouse - Posted prices for May 1995 (se
CANADA'S AZCO TO SELL STAKES IN ARIZ., MEXICAN COPPER MINES
Reuters |
Azco Mining Inc. said Tuesday it will sell its 100 percent stake in the Sanchez copper project in Ar
SPOT PRODUCT PRICES
JOC Staff |
May 2, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
INSURANCE BRIEFS
Wire and Staff Reports |
S&P AFFIRMS 'AAA' FOR NEW YORK LIFENEW YORK - Standard & Poor's affirmed Tuesday the
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, April 25, '94 - May 1, '95 (a graph) (2)
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TRUCK DRIVERS RESUME UNLOADING AT COLOMBIAN PORT ACCORD ON DELAYS ENDS 6-DAY STRIKE AT BUENAVENTURA
Patti Lane |
Striking truck drivers ended their protest at the Port of Buenaventura Friday night and began unload
Maritime
APL ENTERS JOINT VENTURE TO MAKE LIGHTWEIGHT BOXES
Peter M. Tirschwell |
American President Lines and two other companies have formed Ultralite Container Corp., a joint vent
Transport, Trade and Regulation News
TRADE BRIEFS
Wire and Staff Reports |
BORDER DISPUTES HALT HAITI-DOMINICAN TRADESANTO DOMINGO, Dominican Republic - Trade
Maritime
UN AGENCY SAYS CHINA INFLATION WILL DROP TO LESS THAN 10 PERCENT
Reuters |
China's inflation rate is on a downward trend and will drop to less than 10 percent next year, a U.N
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Apr. 28, 1995.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
QUEEN MARY SHIP OPERA TOR POSTS LOSS FOR QUARTER
Art Wong |
While seeking a 20-year lease extension, the group running the Queen Mary reported a $467,557 loss f
Maritime
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