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POSTPONEMENT OF MEETING MAY BOOST ALUMINUM PRICES
Knight-Ridder Financial |
Postponement of the next meeting of six leading aluminum-making countries and regions participating
FEWER TREES FALL IN CHINA _ AS WILL LUMBER SUPPLIES
P.T. Bangsberg |
China is likely to be short nearly 90 million cubic feet of lumber this year as demand continues to
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIA EXPECTS SHORTFALL IN WINTER HARVESTMOSCOW - Because of the 32.6-acre reductio
CHINA'S UNIPEC RESHUFFLES MANAGEMENT
Knight-Ridder Financial |
Chinese oil company Unipec is reshuffling senior management in response to accusations the company h
NYMEX SET TO DETAIL PROPOSAL FOR ELECTRICITY FUTURES CONTRACT
Knight-Ridder Financial |
Nymex officials are expected today in San Francisco to propose specifications for a new electricity
JOB, COST CUTS EXPECTED IF GLAXO BUYS WELLCOME
Reuters |
Glaxo PLC's planned takeover of Wellcome PLC could slash annual costs at what would be the world's t
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Jan. 25, 1995 Prevailing sellers' posted prices at the close of business, represen
SHELL, AMOCO, EXXON TEAM UP FOR RECORD GULF OIL PROJECT
Associated Press |
Shell Oil Co. is teaming with Amoco Production Co. and Exxon U.S.A. to build a record deep-water oil
AMOCO, OTHERS SHOW INTEREST IN MAXUS PURCHASE, REPORT SAYS
Associated Press |
Several major oil companies are considering acquiring a part or more of debt- laden Maxus Energy Cor
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
USDA PUSHES FOR OK ON WHEAT TO CHINAWASHINGTON - The U.S. Department of Agriculture
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
CALIF. STORMS TO COST INSURERS AN ESTIMATED $360 MILLION
Journal of Commerce Staff |
This month's storms in northern California will cost the insurance industry $360 million, the Proper
PRESIDENTIAL LIFE TO PUT $45 MILLION INTO TROUBLED UNIT
Margo D. Beller |
Presidential Life Insurance Co. agreed to invest up to $45 million in Fidelity Insurance Group last
JAPAN MAY DOUBLE PAYOUT LIMIT FOR EARTHQUAKE INSURANCE POLICIES
Margo D. Beller |
Japan's Finance Ministry is considering how to raise the upper limit on insurance benefits to victim
INSURANCE BRIEFS
Wire and Staff Reports |
DISNEY WORLD SUIT SETTLEMENT PROPOSEDMIAMI - About 200 residents of Coral Woods who
HYUNDAI PLANS RESTRUCTURING
Associated Press |
Hyundai, the big industrial conglomerate, said Wednesday it will streamline its sprawling corporate
LONDON INSURER GROUP OFFERS REINSURANCE SCHOLARSHIP CONTEST
Journal of Commerce Staff |
The London Insurance and Reinsurance Market Association has announced two scholarships, each worth U
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 25, 1995 Prev. Life of Contr. OpenOpen High
A PERMANENT EASING FACES MANY PROBLEMS
Mark Magnier |
Japan's restrictions on handling container ships on Sunday appeared to show some early signs of a br
GASOLINE PRICES
JOC Staff |
Jan. 25, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
DIPLOMATS SEEK TO CLARIFY REMARKS BY IRAQI OFFICIAL
Knight-Ridder Financial |
Recent comments by Iraqi Deputy Prime Minister Tariq Aziz suggesting he might renew talks on a U.N.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 25, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SPOT COMMODITIES
JOC Staff |
Jan. 25, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 25, 1995Brent Crude Oil - (Dollars Per Barrel)
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RUSSIAN METALS GROUP AIMS TO MAINTAIN OUTPUTMOSCOW - Russian metals group Norilsk Ni
SPOT PRODUCT PRICES
JOC Staff |
Jan. 25, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 235.61 up 0.10 wh
DEVASTATION AT KOBE DEALS SEVERE BLOW TO SHIP LINES
Masaru Sato |
The head of Japan's shipowners' association said on Wednesday that last week's earthquake has dealt
AMERICAN PRESIDENT LINES CLOSING 4 EASTERN OFFICES
Tim Sansbury |
American President Lines Ltd., of Oakland, Calif., is closing four of its Eastern U.S. branch office
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 25, 1995 Quotations are based on prices reported in the market or obtained from s
REPORT SEES CONTAINERSHIP DEMAND KEEPING PACE WITH RISING CAPACITY
Janet Porter |
The growth in demand for containerships is keeping pace with the huge increase in the size of the fl
Maritime
EUROPEAN SHIP REGISTER MAY OPEN NEXT YEAR
Tara Patel |
Euros, the long-planned European shipping register, could be put in place as early as next year, acc
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 25, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
MARITIME CALENDAR
JOC Staff |
The Noble Collection: A Work in Progress. Through spring 1995. Staten Island, N.Y. New exhibition at
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
2018 (Jan. 25, 1995) Previous day - 2032 The Baltic International Freight Futures Market in
Maritime
MIT TO WORK WITH FASTSHIP ON MARKETING
Knight-Ridder Newspapers |
The Massachusetts Institute of Technology said it will collaborate with FastShip Atlantic Inc. on re
Maritime
2 FACILITIES ON COURSE TO OPEN IN '95 AT PASCO PORT
Journal of Commerce Staff |
A $32 million vegetable-processing plant and a $3 million hay-cubing facility are on schedule to beg
Maritime
HONG KONG EXPECTED TO POST CARGO RECORD
P.T. Bangsberg |
Preliminary estimates show Hong Kong, already the world's busiest containerport, last year became th
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
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