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SEAWAY STEEL TRAFFIC SURGED LAST YEAR
Paul F. Conley |
The boom in imports of steel slab is continuing. Ports along the St. Lawrence Seaway and Gre
SOME SHIPPERS AREN'T CONTENT WITH TACA'S RATE ROLLBACK FIRMS JOCKEYING FOR BEST DEALS
Michael Fabey |
The Federal Maritime Commission and the Trans-Atlantic Conference Agreement touted their settlement
Maritime
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Transportation |
RECENT VESSEL SALES SaleDate Vessel Year Price
Maritime
US NUCLEAR SUB, CARGO VESSEL BUMP IN WATERS OFF HONG KONG
P.T. Bangsberg |
A nuclear-powered American submarine and a Panamanian-registered cargo vessel collided in Hong Kong
Maritime
AIRLINES, SAYING THEY'RE OVERBURDENED, PLEAD CASE FOR REPEAL OF PROPOSED TAX
William L. Roberts |
The airlines have taken their case to Capitol Hill in a bid to repeal a proposed $500 million-a-year
TRANSPORT BRIEFS
Wire and Staff Reports |
PRIVATIZED LUFTHANSA TURNS PROFIT IN 1ST YEARFRANKFURT, Germany - Lufthansa German A
COPPER MARKET TO BATTLE SHORTAGES THROUGH 1996
Knight-Ridder Financial |
The copper market will face shortages through 1996, with a deficit of 203,000 tons this year, fallin
VIRGINIA UTILITY TO BUILD STORAGE SITE AND REPLACE THREE STEAM GENERATORS
Richmond Times-Dispatch |
Virginia Power soon will begin two major projects at its North Anna nuclear power station in Louisa
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Mar. 23, 1995 Prevailing sellers' posted prices at the close of business, represent
E.F. JOHNSON CO.
Maria Carlino |
E.F. Johnson Co., a developer of radio communication systems in Burnsville, Minn., heard strong sign
Maritime
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
ALUMINUM EXPORTS RISE 36.2 PERCENT IN RUSSIAMOSCOW - Russia's primary aluminum expor
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
INDUSTRY DOUBTS ECONOMIC VIABILITY OF HEAVY LIFT TANKER CONVERSIONS
Tim Shorrock |
The tanker industry is asking two key questions about a $160 million ship conversion deal being fina
SWEDEN'S GDP UP 3.4 PERCENT OVER 1993
Knight-Ridder Financial |
Sweden's fourth-quarter 1994 gross domestic product rose 3.4 percent compared with the fourth quarte
INSURANCE BRIEFS
Wire and Staff Reports |
P&I CLUB UNCERTAIN OF ESTONIA OFFER STATUSSTOCKHOLM, Sweden - The Protection & Indem
CLINTON PREPARES HUMAN RIGHTS CODE FOR FIRMS ABROAD
John Maggs |
The White House is ready to issue a long-delayed set of human rights principles for U.S. businesses
KANTOR UNDERSCORES CLINTON TRADE, ECONOMIC PLANS
John Maggs |
U.S. Trade Representative Mickey Kantor Thursday unstintingly embraced trade liberalization and econ
Maritime
LIRR URGED TO ALTER FREIGHT OPERATIONS
Gregory S. Johnson |
After a years-long battle to rebuild its traffic base, the Long Island Rail Road is recommending tha
MCDONNELL CHIEF'S COMPENSATION TAKES ON SUPERSTAR PROPORTIONS
Associated Press |
The compensation package McDonnell Douglas Corp. assembled to attract Harry C. Stonecipher, chief ex
CENTRAL AMERICA TO DISCUSS COFFEE EXPORTS
Knight-Ridder Financial |
Central American coffee representatives are scheduled to meet next week in Nicaragua to discuss thei
RUGGIERO, ESPOUSING FREE TRADE, GAINS WIDE SUPPORT
John Zarocostas |
More than 100 nations gave the diplomatic green light Thursday to the appointment of former Italian
Maritime
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
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 23, 1995Brent Crude Oil - (Dollars Per Barrel)
TRADE BRIEFS
Wire and Staff Reports |
CANADA'S TRADE SURGES WITH US, EUROPE, JAPANOTTAWA - Canada's trade with the United
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Mar. 23, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
US TRADE DEFICIT HITS NEW HIGH AS EXPORTS DIVE
Richard Lawrence |
A sharp plunge in U.S. aircraft and other exports and a record level of imports inflated the U.S. me
INDONESIA LOOKS TO CHINA TO HEAD OFF CEMENT SHORTAGE
Reuters |
A state-run cement distributor said Wednesday that it will import more from China this year in hopes
CHINA MISSION: REASSURE US ON HONG KONG'S FATE
WILLIAM DiBENEDETTO |
Chinese officials are touring the United States this week on a mission to reassure government and bu
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 22, 1995 Quotations are based on prices reported in the market or obtained
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
INSURANCE BRIEFS
Wire and Staff Reports |
S&P LOWERS RATINGS FOR ITT HARTFORD GROUPStandard & Poor's lowered its ratings of ITT Hartfo
ERC IN TALKS TO BUY 2ND GERMAN REINSURER
Reuters |
U.S. reinsurer Employers Reinsurance Corp., which seven weeks earlier bought Germany's Aachen Re, is
MARITIME DIVISION LEADS THE DIVE AS SEMBAWANG EARNINGS SINK 13 PERCENT
P.T. Bangsberg |
Sembawang Corp., a maritime-based Singapore conglomerate, this week reported earnings off 13 percent
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
CUMMINS, FINNISH FIRM FORM ENGINE VENTURECOLUMBUS, Ind. - Cummins Engine Co. and War
INDIA TO SIGN POWER PACTS WITH 4 FIRMS
Reuters |
India, which has signed counter-guarantee agreements with two foreign firms to set up power projects
JANUARY IMPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs. Value Prior 2 Mos. 1993 1992Mil. $ Mo. Back
Maritime
HOWLAND HOOK'S FATE HANGS IN BALANCE AS BIDS DUE TODAY ON DISPOSAL OF MUD
Alan Abrams |
Operators of on-land dump sites in Connecticut and Utah are due todayto submit cost bids for disposi
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
OIL EXPLORATION PLANS ON SCHEDULE IN FALKLANDS
Reuters |
Oil exploration could begin off the disputed Falkland Islands by the end of 1996, raising prospects
TRADE BRIEFS
Wire and Staff Reports |
TRADE WATCHDOG PLANS HYUNDAI, DAEWOO PROBESEOUL, South Korea - South Korea's officia
Maritime
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