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FORMER IMF REPRESENTATIVE PICKED TO HEAD NAFTA BANK
Journal of Commerce Staff |
The United States and Mexico have tapped a former Mexican representative to the International Moneta
TRADE TALK - LEO RYAN CULTURAL TRADE DISPUTE COULD CLOUD VISIT BY CLINTON TO OTTAWA
Leo Ryan |
Letters are flying between Washington and Ottawa in the hope of defusing a cultural tradeconflict be
Maritime
CANADIAN HIGH COURT DENIES CP RAIL APPEAL
Associated Press |
The Supreme Court of Canada has rejected a CP Rail appeal of a $4,000 fine levied for a controlled g
US AND CHINA STILL MAY BE TALKING ON COPYRIGHTS
Gregory Wright |
Talks to stave off U.S. trade sanctions against China are probably continuing on a low-key level, de
Maritime
RUSSIA PREDICTS BIG QUAKE IN '95
Reuters |
Russia expects to be hit by an earthquake between February and November this year that will be as st
Maritime
METHANEX CORP. EXPECTS STRONG USE TO FUEL GROWTH IN METHANOL DEMAND
Knight-Ridder Financial |
Methanex Corp. expects methanol demand to rise in 1995 amid continued strong usage of traditional me
MASSPORT, BOSTON TO FORGE SEAPORT DEVELOPMENT PLAN
Michael S. Lelyveld |
The Massachusetts Port Authority and the Boston Redevelopment Authority announced a joint effort Mon
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
CGM NORTH AMERICA, NORTON LILLY LINK UPISELIN, N.J. - CGM North America and Norton L
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Jan. 27, 1995.
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US CUTS ROSE DUTIES ON COLOMBIA, ECUADORWASHINGTON - Provisional anti-dumping duties
Maritime
DALLAS REGION EMERGES AS HUB FOR SHIPPERS
Gregory S. Johnson |
Lured by lower truck rates, the result of intrastate deregulation, and with significanttonnage alrea
JAPANESE BANKS ARE RELUCTANT TO WRITE OFF BAD LOANS
Reuters |
Big Japanese banks said on Monday they were reluctant to follow the lead of Sumitomo Bank Ltd., whic
NORWAY'S PRIME MINISTER SEES NEED FOR ENVIRONMENT, TRADE POLICY LINK
John Zarocostas |
The impact of trade on the environment has not been given adequate attention and needs to be removed
Maritime
MOODY'S SEES IMPROVED STANDING FOR THREE AUSTRALIAN BANKS
Knight-Ridder Financial |
The credit profile of Australia's three largest banks not guaranteed by the government should contin
Maritime
POLAND GIVES TAX BREAK TO FOREIGN COMPANIES
Journal of Commerce Staff |
The Polish ministry of finance, in an effort to align its laws with those of Western Europe, has ame
Maritime
NY PORT COMMUNITY DIVIDED ON ADDING DOCKWORKER JOBS PANEL TO BEGIN HEARINGS TODAY
Alan Abrams |
New York's port community remains split on whether to add dockworkers as two days of hearings on the
Maritime
MEXICANA NOSE-DIVES WITH THE PESO MASSIVE CUTS, BANKRUPTCY LOOM
Reuters |
Mexicana de Aviacion, once the pride of Mexico's airline industry, has been mauled by the country's
RUSSIA MAY CUT EXPORT TAX ON OIL THIS YEAR, OFFICIAL SAYS
Keith M. Rockwell |
Russia may reduce its oil-export tax later this year, said Russian First Deputy Prime Minister Anato
CHINA INSURER PLEDGES MORE EXPORT CREDIT IN '95
P.T. Bangsberg |
More medium- and long-term export credit insurance is promised this year by state-owned People's Ins
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
CANADIAN PAPER FIRM TO BUILD POWER PLANTNEW YORK - Canada's Fraser Paper said it wil
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
CANAL TRANSITS EXPECTED TO IMPROVE BY WEEK'S END
Tim Shorrock |
Shipping transits through the Panama Canal will return to near-normal levels by the end of this week
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 27, '94 - Dec. 30, '94 (a graph) (2
COST OF CREDIT
JOC Staff |
Friday, Jan. 27, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GENERAL MOTORS TO DOUBLE PURCHASES OF INDIA-MADE PARTS
N. Vasuki Rao |
General Motors Corp. intends to double its purchases of Indian automotive components this year, with
Maritime
CARGO GROWTH LEAPS AT FOUR US AIRPORTS
Debra Werner |
Four U.S. airports more than doubled their total air cargo volume during 1994. While executives at e
CHINA'S NEW EX-IM BANK INTENDS TO QUADRUPLE CREDIT LINE IN 1995
P.T. Bangsberg |
China's Export-Import Bank, set up last April to boost trade, intends to quadruple its credit line t
Maritime
FLEDGLING LINES GROPE FOR FOOTHOLD
Geoff Winestock |
Sayakhat, a small cargo airline in Kazakhstan in Central Asia, has five big Soviet-made air freighte
THE KOBE QUAKE
AFP Photo |
Photo only
TEMBLOR NOT LIKELY TO SPOIL FOOD TRADE WITH JAPAN, US REPORTS
Mark Magnier |
U.S. food trade with Japan will be largely unaffected by the massive earthquake that struck Kobe on
COMPANIES OFFERING ASSISTANCE FACE OBSTACLES OF COST, BUREAUCRACY
Mark Magnier |
The vivid images of death and destruction seen around the world after the deadly earthquake in Kobe
LISTEN TO THE CUSTOMERS
William Armbruster |
The cargo division at KLM Royal Dutch Airlines is about to undergo the biggest change in the carrier
ICC PUBLISHES RULES TO EXPEDITE DECISIONS
Lawrence H Kaufman |
The Interstate Commerce Commission, on the same day that a congressional committee heldhearings on i
DAILY PETROLEUM PRICES.
JOC Staff |
Friday Jan. 27, 1995 Prevailing sellers' posted prices at the close of business, representin
AIR CARGO FACTS
Graphs: Colography Group; MergeGlobal; Journal of Commerce |
GRAPHS: (1) US Expedited Cargo Shipments by Market Segment, (pie chart). Total for 1994 - 3.
TRANSPORT BRIEFS
Wire and Staff Reports |
AIR FRANCE CANCELS BOEING ORDERSPARIS - Air France has canceled orders for four 747-
BP SUBSIDIARY BUYS 81 PERCENT STAKE IN OIL FIELD OFF ALASKA
Reuters |
British Petroleum's Alaskan unit said it acquired the majority interest in an offshore North Slope o
BRAZIL TO ASSIST PRIVATE SECTOR IN COFFEE-RETENTION PROGRAM
Knight-Ridder Financial |
Brazil's private sector will engage in a voluntary program to retain export coffee, with financing a
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
END OF COLD WAR FREEZES OUT LAST FOUR MIGHTY BATTLESHIPS
Neil Strassman |
Torpedoes, mines and missiles couldn't sink America's battleships, but they couldn't survive the end
Maritime
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