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OIL FIRMS RESPOND TO NIGERIA'S DEBTS WITH CUTBACKS
Associated Press |
The oil industry, Nigeria's biggest export earner, faces a potential downturnbecause the gov
LONG BEACH TO TAKE BITE OUT OF SAMSUNG PAYMENT
George Cunningham |
Harbor commissioners unanimously agreed to provide a final payment to Samsung Heavy Industries Co. f
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SEAWAY TOLLS HOLDING AT LAST YEAR'S LEVELSWASHINGTON - St. Lawrence Seaway tolls for
Maritime
KEMPER CORP. AGREES TO ACQUISITION DEAL ZURICH INSURANCE, PARTNERS TO PAY $2 BILLION-PLUS
From Wire Reports |
Kemper Corp., which has been on the auction block for a year, said Tuesday it agreed to be acquired
KING OF THE "CATS' IN QUEENSLAND
Mitsui Engineering & Shipbuilding Co. Photo |
Photo only.
Maritime
WELD NAMES FORMER AIDE TO LEAD MASSPORT'S BOARD
Michael S. Lelyveld |
Massachusetts Gov. William Weld this week named former aide Mark Robinson to take over as the Massac
Maritime
STRIKING FRENCH FISHERMEN ATTACK TRUCKS, DUMP CARGOES
Olivier Hamoir |
Striking French fishermen attacked Norwegian and Spanish trucks and dumped their food cargoes in the
Maritime
WTO TEST CASE HELD GOAL IN US-S. KOREA FLAP
Mark Magnier |
The U.S. vow to take South Korea before the World Trade Organization for its food safety rules refle
Maritime
PRODUCER PRICES UP IN NETHERLANDS
Knight-Ridder Financial |
Producer output prices in the Netherlands rose 0.2 percent in February from January and 4.1 percent
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 11, 1995 Quotations are based on prices reported in the market or obtained from s
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 11, 1995Brent Crude Oil - (Dollars Per Barrel)
RICH NATIONS WARN EBRD TO CLEAN UP ITS ACT
Reuters |
Rich nations warned the European bank Tuesday that it must tighten its own belt further if it is to
BANANAS: WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, April 11, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CONSUMER CONFIDENCE SEEN DOWN IN EU
Knight-Ridder Financial |
Consumer confidence in the European Union, along with that of industry, dipped in March from Februar
PAKISTAN MAY ALLOW A 25 PERCENT RETURN ON PRIVATE HYDROPOWER INVESTMENT
N. Vasuki Rao |
The Pakistani government is drafting a hydroelectric-power policy that is likely to offer a 25 perce
NEW MANAGEMENT AIMS TO CLEAR A PATH TO PHILA.'S AMERIPORT
Michael Fabey |
Now that the Port of Philadelphia and Camden has acquired the Ameriport ship- to-train intermodal ya
Maritime
PEOPLE INSURANCE
Wire and Staff Reports |
ATLANTIC MUTUAL COS. (New York) - Robert G. Himmer was named senior vice president of the company's
DOCK STRIKES IN BRAZIL SNARLING SHIPMENTS SHIPPERS SEEK TRANSPORT ALTERNATIVES
Michael Fabey |
Steamship lines and shippers are struggling to deal with a series of waterfront strikesin Brazil.
OAKLAND PORT SIMPLIFIES RATE SYSTEM FOR BOX LINES
Peter M. Tirschwell |
The Port of Oakland, in a move that will make the system of fees it charges carriers one of the simp
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
JAPAN, US TO BEGIN AUTO TALKS AMID CURRENCY MARKET PRESSURE
Donna Smith |
U.S. and Japanese negotiators prepare for talks this week on automobile and car parts trade amid hei
EXXON REPORTS DEAL WITH RUSSIANS ON SAKHALIN OIL, GAS PRODUCTION
Associated Press |
Exxon Corp. says it has reached a "major milestone" in a $15 billion oil and gas project at Sakhalin
$20 BILLION SOUGHT OVERSEAS BY CHINA FOR POWER PROJECTS
Reuters |
China said on Tuesday it hopes to attract $20 billion in foreign investment to its overstretched pow
CUSTOMS TO TEST EXPORT PROGRAM AT HAMPTON ROADS, 4 OTHER PORTS
Jeanne Peck |
The U.S. Customs Service will use Hampton Roads and four other ports to test a computerized pilot pr
Maritime
DISASTER LOSSES HURT SAFECO EARNINGS
Associated Press |
Safeco Corp. said Tuesday losses for weather-related claims in California and Texas and higher-than-
ROTTERDAM STEPS UP COST-CUTTING IN BID TO MAINTAIN FLOW OF GOODS
Bruce Barnard |
Cost-cutting moves are on the rise at the Port of Rotterdam, as stevedores and terminal operators th
Maritime
US IS PRESSURING INDIA TO OPEN INSURANCE SECTOR FOR DEVELOPMENT
From Wire Reports |
The United States Tuesday asked India to open up its insurance sector for foreign investment for spe
RESEARCHER SAYS MEXICO EXCEEDED TOMATO QUOTAS
Associated Press |
Mexican tomato growers increased exports to the United States by 18 percent rather than the 7 percen
JAPANESE ORDERS FOR MACHINERY RISING AS FORECAST, OFFICIAL SAYS
Knight-Ridder Financial |
Japanese wholesalers' January-March machinery orders, a leading indicator of small and medium-sized
COAST GUARD MAY DOWNSIZE NEW YORK OPERATIONS
Alan Abrams |
A massive Coast Guard budget cutback and reorganization plan expected to be announced in early June
Maritime
ARGENTINE PATENT MEASURE HEADS FOR VETO BY MENEM
From Wire and Staff Reports |
Argentina, bowing to U.S. and European Union pressure, announced Monday that President Carlos Menem
Maritime
FINANCING TRADE - GORDON PLATT SBA IN NEW JERSEY HELPS SMALL EXPORTERS GET WORKING CAPITAL
Gordon Platt |
The U.S. Small Business Administration launched a new export working capital program inNew Jersey.
Maritime
INDUSTRIAL OUTPUT RISES IN UKRAINE
Knight-Ridder Financial |
Ukraine's industrial output rose 9.7 percent in March from February, Anatoly Galchinsky, presidentia
Maritime
TRADE BRIEFS
Wire and Staff Reports |
PHILIPPINE DIPLOMATS SUSPENDED OVER HANGINGMANILA, Philippines - President Fidel Ram
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 11, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
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
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 236.54 off 0.75 wh
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
INDONESIA SETS ASIDE 20 PERCENT OF ROBUSTA STOCKSJAKARTA, Indonesia - Indonesia's go
WARTIME SLAVE LABORERS SEEK CASH FROM GERMAN FIRMS
Associated Press |
A group supporting people who were used as wartime slave laborers urged Germany's three biggest chem
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