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TRANSPORT BRIEFS
Wire and Staff Reports |
US-UK AVIATION DEAL MAY NEED 2ND MEETINGLONDON - Hopes are fading that this week's A
COST OF CREDIT
JOC Staff |
Thursday, March 23, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
AMTRAK PRESIDENT APPEALS TO CONGRESS FOR HELP
Stephanie Nall |
If Amtrak is to survive as a national passenger system, Congress must give it funding flexibility, t
US BUSINESSMAN AWAITS RESOLUTION IN CHINA
Associated Press |
An American businessman expressed optimism Thursday that he and his Chinese partners could work out
Maritime
BELARUS LEADER ISSUES A CALL FOR DISSOLUTION OF PARLIAMENT
Larisa Sayenko |
Belarussian President Alexander Lukashenko called Tuesday for his Parliament to be dissolved within
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
INTERNATIONAL SHIPHOLDING CORP. (New Orleans) - George H. Hearn will supervise this ship line's Wash
Maritime
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
SCRAP DEALERS DEMAND MORE RAILROAD CARS
Russ Banham |
Shippers and receivers of scrap metal complain there aren't enough railroad cars available to move s
KOBE'S LOSS PROVIDES GAIN FOR 2 OTHER JAPANESE PORTS
Mark Magnier |
The ports of Tokyo and Yokohama handled more than 40 percent in additional cargo in February than a
Maritime
RAIL TURMOIL THREATENS TO DISRUPT PULP MILLS
Leo Ryan |
Canada's vital pulp and paper industry is facing shutdowns over the the next few days as emergency l
KUWAIT MAKES NO PROGRESS IN WEEK-OLD OIL STRIKE
Reuters |
A strike in Kuwait's gulf war oil fields entered a sixth day Thursday with no early end in sight.
PEOPLE - COMMODITIES
Wire and Staff Reports |
SPARKS COS. (Memphis, Tenn.) - David Holloway and Craig Cates joined the commodity research firm as
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
INDIA PLANS $2.09 BILLION FOR OIL, GAS EXPLORATIONNEW DELHI, India - India has budge
TRADE LEADS
JOC Staff |
Suppliers of the following items seek importers/distributors. Interested parties are asked to contac
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 23, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
USS-POSCO SAW FIRST OVERALL PROFIT IN '94
Bill Mongelluzzo |
USS-Posco Industries, a joint venture of USX Corp. of Pittsburgh, Pa., and Pohang Iron & Steel Co. o
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
US STEELMAKERS CHART LAISSEZ-FAIRE STRATEGY
Richard Lawrence |
American steel producers have long used U.S. trade law as the lever for government clampdowns on wha
CONFERENCE TO FOCUS ON TRADE
Maria Carlino |
The steel industry is facing new challenges. U.S. steel consumption is rising and worldsteel trade i
LLOYD'S STARTS THE BALL ROLLING ON EQUITAS' FINANCIAL STRATEGY
Liz Shuker |
Lloyd's of London took its first tentative steps toward formulating a long- term investment strategy
PORT OF NY/NJ TO REQUEST DREDGING FUNDS
Journal of Commerce Staff |
Port of New York and New Jersey executives Thursday were preparing to give testimony before a congre
Maritime
FEDERAL LOAN GUARANTEE FOR TANKERS REKINDLES DEBATE OVER SUBSIDIES
Tim Shorrock |
A $139 million federal loan guarantee to a U.S.-flag tanker company modernizing four aging vessels i
JOURNAL OF COMMERCE - FAST FACTS WORLD CONTAINER FLEET, 1994
Containerisation International |
No text.
STRUGGLING ALITALIA PLANS MORE JOB CUTS
Associated Press |
Alitalia, Italy's struggling state-run airline, said it plans to cut more than 2,500 jobs by the end
SELLING SENDS DOLLAR TUMBLING TO NEW LOW AGAINST JAPAN'S YEN
Jon Hilsenrath |
The U.S. dollar slumped to yet another record low of 87.95 yen early Thursday on selling at least pa
CHINA RAIL DEAL IS FIRM, GROUP SAYS
Associated Press |
An Australian consortium said that an agreement for a $292 million deal to build the Beijing-Great W
QUOTE TO NOTE ON WTO LEADER:
Mickey Kantor |
"This matter unfortunately became a hemispheric contest, the antipathy of consensus."
Maritime
POST-TAX PROFIT DOUBLES AT SHELL'S GERMAN UNIT
Wire and Staff Reports |
Improved results in the chemical business enabled Deutsche Shell, the German subsidiary of Royal Dut
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
CALIFORNIA'S PACIFIC GAS & ELECTRIC MAY BUY AUSTRALIA'S POWER SYSTEM
George Avalos |
Pacific Gas & Electric Co. is considering a bid to acquire Australia's power system, as part of a pu
O'LEARY URGES PUSH TO TURN CHINA PLANS INTO CONCRETE REALITY
Arthur Gottschalk |
A Clinton administration energy trade initiative to China returned home with $6.5 billion in deals a
HONG KONG SHOW INDICATES JEWELRY TRADE REGAINING LUSTER
P.T. Bangsberg |
All that glitters may not be gold, but the jewelry trade appears to be in sparkling form. To
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 23, 1995 Quotations are based on prices reported in the market or obtained
SPOT COMMODITIES
JOC Staff |
Mar. 23, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
SALES TO US HELP SPUR GROWTH IN THAI GEM, JEWELRY EXPORTS
Ron Corben |
Exports of gems and jewelry are set to breach the US$2 billion mark this year amid forecasts of grow
Maritime
GASOLINE PRICES
JOC Staff |
Mar. 23, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
MARITIME BRIEFS
Wire and Staff Reports |
DULUTH-LAKE SUPERIOR GEARS FOR STRONG SEASONDULUTH, Minn. - The shipping season of t
Maritime
SEATTLE PORT WORKS TO STEM MARINE DIVISION'S RED INK
WILLIAM DiBENEDETTO |
The Port of Seattle is coming off a banner container year, but the surge was not enough to offset a
Maritime
GLOBAL CONSUMPTION EXPECTED UP, BUT PESO CRISIS TO HURT US
Milan Ruzicka |
The steel industry is counting on a healthy increase in consumption worldwide this yearas Europe and
GLOBAL STEEL RECOVERY SPELLS GOOD TIMES FOR BULK CARRIERS
Janet Porter |
The good times look set to continue for owners of large bulk carriers who have seen dry cargo freigh
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