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DAILY PETROLEUM PRICES
JOC Staff |
Monday Apr. 10, 1995 Prevailing sellers' posted prices at the close of business, representin
DOLLAR PLUNGE REPRESENTS NO US CRISIS, ANALYSTS SAY JAPAN, SE ASIA HAVE MORE REASON TO FEAR DOWNTURN
Milan Ruzicka |
The collapse of the U.S. dollar against the yen may have reached crisis proportions for the Japanese
HOUSING STARTS DECLINED 18.4 PERCENT DURING MARCH, CANADA REPORTS
Knight-Ridder Financial |
A 23.6 percent drop in single-unit construction and a 21.1 percent drop in multi-unit construction i
TOMORROW'S HIGH TECH MAY BE LABOR-INTENSIVE
Reuters |
Life will not be so easy for many in the 21st century if some of the new- fangled gadgets on exhibit
Transport, Trade and Regulation News
MARITIME BRIEFS
Wire and Staff Reports |
IRAN, RUSSIA TO LAUNCH CASPIAN SEA VENTURENICOSIA, Cyprus - Iran and Russia have agr
Maritime
MONEY WOES FORCE RUSSIAN AUTOMAKER TO PARK ITS PLANS FOR "PEOPLE'S CAR'
Aleksandras Budrys |
An investment company closely linked to Russia's car-making giant AvtoVAZ said Friday that hard time
Maritime
2 HONG KONG BOX HANDLERS WILL LEVY A "GATE CHARGE' LINES, SHIPPERS RESPOND ANGRILY
P.T. Bangsberg |
Two of Hong Kong's three major containerport operators are following the lead of smaller handlers in
Maritime
COMMITTEE ON PORTS ACCUSES FRANCE OF NEGLECT, URGES FUNDS AND A PLAN
Tara Patel |
France badly needs an ambitious plan and additional funds to reinvigorate the country's ports, an ad
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SHIFTING STRATEGIES EXPECTED TO BENEFIT US GRAIN EXPORTS
Knight-Ridder Financial |
Changes in agricultural policy around the world should leave the United States in "a good position"
SENIOR NONUNION WORKERS AT UP, C&NW ELIGIBLE FOR SEVERANCE PACKAGE
Paul F. Conley |
Senior nonunion workers at the Union Pacific and the Chicago & North Western railroads will be eligi
EU-RUSSIA PACT REMAINS ON HOLD
Reuters |
European Union foreign ministers maintained a freeze on an interim trade accord with Russia Monday,
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RETAIL GASOLINE PRICES RISE BY 1.5 CENTSLOS ANGELES - Gasoline prices at the pump ro
INSIDE TALK - MIKE BERMAN PRESENTATION PACKAGES HELP DELIVER THE GOODS WITH SLIDES AND MUSIC
Mike Berman |
The time has arrived! There are only a few weeks left to put together that presentation for a forwar
Transport, Trade and Regulation News
JAPANESE SAY SUBSTANTIAL IMPORTS OF RICE UNLIKELY UNTIL LATE 1995
Reuters |
Japan, forced by the 1993 GATT deal to open up its highly protected rice market, is unlikely to begi
Maritime
LAKELAND MUTUAL JOINS INFORMATION INSTITUTE
Journal of Commerce Staff |
Lakeland Mutual Insurance Co. of Erie, Pa., has joined the Insurance Information Institute.
KAZAKHSTAN TO EASE GOLD MARKET RULES
Knight-Ridder Financial |
A special task group is set to produce guidelines for a new draft law to liberalize Kazakhstan's gol
MAJOR FIRES WREAK HAVOC ON ECONOMY IN CHINA
Reuters |
Major fires are hampering China's economic growth and negligence by local officials is frequently to
Maritime
CHINA, KUWAIT HOPE TO BOOST OIL INDUSTRY COOPERATION
Knight-Ridder Newspapers |
China and Kuwait aim to increase cooperation in the oil industry, including production and refining,
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
$138,000 PAID FOR SEAT ON CSCE SETS RECORDKANSAS CITY, Mo. - A full membership seat
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 236.51 up 0.19 w
LLOYD'S PROPOSES MORE OPENNESS IN THE WAY CAPACITY IS ALLOCATED
Journal of Commerce Staff |
Lloyd's of London announced formal proposals designed to make the system by which investors get a st
SOUTH CAROLINA APPPROVES MORE SITES TO ESTABLISH FOREIGN TRADE ZONES
Alice Cantwell |
Companies seeking to take advantage of the tariff benefits of foreign trade zones in the South Atlan
Maritime
ANERA SCALES BACK PLANS TO BUMP UP FREIGHT RATES
Peter M. Tirschwell |
The conference of ocean carriers that moves goods from Asia to the United States has backed away fro
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
APL, PHILIPPINE FIRM PLAN KARACHI TERMINALOAKLAND, Calif. - American President Lines
Maritime
FOREIGN INVESTMENT STRONG IN LATEST MEXICAN DATA
Kevin G. Hall |
Direct foreign investment in Mexico remained strong for the month of January, a somewhat positive si
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended April 1, total piggyback freight hauled on the nation's major railroads equaled 1
QUOTE TO NOTE ON GLOBAL TRADE INCREASE:
Peter Sutherland |
"The renewal of confidence in the multilateral trading system that came with the decision to set up
Maritime
SENATE PROPOSALS TACKLE TOUGH TRANSPORT PROBLEMS
Stephanie Nall |
Legislation to fund Amtrak and highway projects and to ease federal requirements on transporting sal
TRADE BRIEFS
Wire and Staff Reports |
EU TO PROBE CHARGES OF DISK DUMPINGBRUSSELS - The European Commission said Friday it
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended April 1, 1995, vs. Similar 1994 Period Cars CarsLoaded Loaded
Maritime
SALOMON'S OUTLOOK COOLS FOR CHEVRON, MOBIL, TEXACO
Knight-Ridder Newspapers |
Salomon Brothers Inc. lowered its outlook for Chevron Corp., Mobil Corp. and Texaco Inc. on concerns
CHARTERERS HUNGRY FOR TONNAGE, AND HIGH PRICES LIKELY TO PERSIST
Peter Shaerf is a principal of the Commonwealth Group. |
You're at a four-star restaurant. You pick your way through the menu. "Sorry, sir, we are out of tha
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
ALEXANDER & ALEXANDER SERVICES INC. (New York) - Kenneth J. Davis was named chairman of the broking
BALTIC EXCHANGE CHIEF SEES NEW NICHE: POLICING STANDARDS
Liz Shuker |
Alan Harper may not want to admit it, but he has a tough job: bringing new life to an old institutio
MARITIME EARNINGS A.P. MOLLER REPORTS SHARP DROP IN PROFIT FROM SHIP OPERATIONS
Janet Porter |
A.P. Moller, the Danish conglomerate that owns Maersk Line, reported Friday a sharp fall in profit f
Maritime
CORRECTION
JOC Staff |
An item appearing in the Maritime Calendar on Page 7B April 6 gave the incorrect year. It should hav
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
BP TO PAY ALASKA $68 MILLION TO RESOLVE ROYALTY DISPUTES
Reuters |
British Petroleum will pay $68 million by today to settle disputes with the state of Alaska over bac
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