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BRAZIL APPROVES $91 MILLION FOR COFFEE PLAN
Knight-Ridder Financial |
wBrazil's National Monetary Council, holding its regular monthly meeting Wednesday, approved 100 mil
FREEPORT SELLS SOME ASSETS IN INDONESIA
Knight-Ridder Financial |
Freeport-McMoRan Copper & Gold Inc. announced Thursday that its Indonesian operating subsidiary PT F
8 ROMANIAN STOWAWAYS RETURNED TO PA. PRISON
Michael S. Lelyveld |
A group of Romanian stowaways in New Jersey has been split up and eight have been shifted back to a
Maritime
RAILWAYS APPEAL TO MEDIATION BOARD IN BID TO AVERT A STRIKE AT CONRAIL
Rip Watson |
Eight major U.S. railroads Thursday asked the National Mediation Board to intervene in their gridloc
HIGHER DUTY-FREE CAPS SOUGHT FOR MEXICANS
Journal of Commerce Staff |
A border-state senator has introduced legislation aimed at persuading Mexico to increase the amount
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 30, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
REGULATORS PROPOSE OPEN ACCESS TO INTERSTATE POWER TRANSMISSION
Reuters |
Federal regulators Wednesday offered a plan to increase competition in the electricity industry, whi
TRADE BRIEFS
Wire and Staff Reports |
CHINA SEES 12.2 PERCENT RISE IN ITS TRADE THIS YEARChina's foreign trade is expected to grow
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
2217 (Mar. 30, 1995) Previous day - 2234 The Baltic International Freight Futures Market in
Maritime
NEW TO THE HAITIAN TRADE, SHIPOWNERS ARE BURNED BY COAST GUARD CATCH-22
Andres Viglucci |
Wilfred and Louis Jean-Marie, a young Haitian-American couple with entrepreneurial dreams, sank thei
Maritime
INTERPOOL CHIEF TO JOIN UNIVERSITY BOARD
Journal of Commerce Staff |
New Jersey Gov. Christie Whitman recently appointed Martin Tuchman, chairman and chief executive of
Maritime
JAPAN 5-YEAR DEREGULATION PLAN SPELLS OUT SPECIFICS OF REFORM OFFICIALS ASSERT WILL TO CHANGE
Mark Magnier |
Japan's latest five-year deregulation plan offers more details than any of its several predecessors
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
CURRENCY SHIFTS OVERTAKE COLOMBIA'S EXPORT PLANS
Patti Lane |
Three months after entering a free-trade deal with Mexico and Venezuela, Colombian producers are wat
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 231.85 off 1.07
RED CROSS LETTERHEAD REPORTED USED IN SCAM
Knight-Ridder Financial |
The Swiss-run International Committee of the Red Cross said Thursday that a reported fraud in Kenya
MARITIME EARNINGS EVERGREEN MARINE PROFIT DECLINED LAST YEAR
Wire and Staff Reports |
Evergreen Marine Corp.'s post-tax profits waned over the 1994 calendar year. The company made approx
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
TRANSPORTATION INSTITUTE (Seattle) - Richard Berkowitz was appointed director of Pacific Coast opera
Maritime
USAIR LABOR DEAL MAY PAVE WAY TO US-UK ACCORD
Lisa Burgess |
Recent breakthroughs in talks between USAir and its pilots may set off a chain reaction leading to t
TRADE BRIEFS
Wire and Staff Reports |
US INVESTORS EXPLORE ARMS PLANT CONVERSIONA U.S. investment mission left Thursday to explore
Maritime
OVERNITE DEFLECTS TEAMSTERS BID IN NASHVILLE
Journal of Commerce Staff |
Overnite Transportation Co. defeated another organizing effort by the Teamsters union, this one at i
SRI LANKA FIRMS CONSIDER STAKE IN PLANTATIONS
Reuters |
Private sector companies running Sri Lanka's debt-ridden state plantations are ready to take a stake
Maritime
SEA TRIALS - LENNARD K. RAMBUSCH MORTGAGEE'S SECURITY HURT BY "FINANCIAL UNSEAWORTHINESS'
Lennard K. Rambusch |
A recent decision by the U.S. Court of Appeals for the 5th Circuit (New Orleans) serves as a reminde
Maritime
CORRECTION
JOC Staff |
A maritime brief headlined "Draft Is Increased at Seaway Section," which appeared Thursday on Page 1
Maritime
ELECTRIC BOAT DISCLOSES EXISTENCE OF NEW SUB
From Wire Reports |
The six-year secret is out in Groton. Electric Boat began building the Seawolf submarine in
Maritime
LABOR DEPARTMENT FORMS OCCUPATIONAL SAFETY PANEL
Journal of Commerce Staff |
The Labor Department recently appointed 15 labor, industry and government representatives to a new M
Maritime
OVERBOOKINGS ON WEST COAST LEAVE COTTON HIGH AND DRY
Bill Mongelluzzo |
With U.S. cotton exports approaching a 70-year high and prices topping $1 a pound, exporters should
COST OF CREDIT
JOC Staff |
Wednesday, March 30, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
HOUSE GOP MEMBERS HOPE TO FORCE VOTE ON PESO SUPPORT
William L. Roberts |
In a procedural end run around Speaker Newt Gingrich, a freshman-led faction of House Republicans is
NIMBUS WATER SYSTEMS INC.
Maria Carlino |
Tapping into Taiwan wasn't easy for Nimbus Water Systems Inc. But the San Marcos, Calif.-based firm,
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
POULTRY CHIEF RESIGNS AT CONAGRAOMAHA, Neb. - The head of ConAgra Inc.'s independent
SHIP SPACE TIGHTENS ON ATLANTIC
Michael Fabey |
This month's strike at the Port of Montreal and a weakened U.S. dollar are cramming North Atlantic c
CONTAINER BUYING BINGE MAY SINK LEASE RATES
Peter M. Tirschwell |
Marine container-leasing companies went on a buying binge last year, potentially undermining the rec
IMF SAYS RUSSIAN BUDGET TARGETS MAY HELP SLOW SLIDE OF RUBLE
Michael S. Lelyveld |
As the battered Russian ruble nears a psychological barrier of 5,000 to thedollar, Internati
VIETNAM SEEKS FOREIGN INVESTORS FOR TRANSPORT
Associated Press |
Vietnam needs foreign investors to help pay for $7.8 billion in priority improvements to roads, port
CORRECTION
JOC Staff |
In Quotawatch, which appeared Tuesday, March 28, on Page 3A, the textile quotas to watch were inaccu
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
STRIKE DIDN'T HURT SUPPLIES, KUWAITI OIL MINISTER SAYS
Knight-Ridder Financial |
Kuwaiti Oil Minister Abdul Mohsen Medej al-Medej has said the recent 10-day strike by over 1,000 oil
BELARUS' LEADER TOURS CHERNOBYL, DISMISSES REPORT CITING NEW RISK
Reuters |
The president of Belarus has dismissed suggestions that the Chenobyl nuclear- power station in nearb
SOEKOR OIL FIELD SEEN READY BY 1996
Reuters |
South Africa's state-owned oil and gas exploration company, Soekor, said Wednesday that its first oi
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