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INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Miami Conference on the Caribbean and Latin America. Dec. 12-15. Miami. Conta
Maritime
SEOUL'S SAMSUNG DECISION MARKS CHAEBOL POLICY SHIFT
Associated Press |
A government decision to let Samsung make cars signals a major shift in its policy toward "chaebol,"
Maritime
SOUTH KOREAN FIRMS GET CLEARANCE TO VISIT NORTH
Moon Ihlwan |
South Korea has approved plans by local conglomerates to visit North Korea, allowing them to seek ve
Maritime
MATSUSHITA SEES 10 PERCENT GAIN IN NORTH AMERICAN SALES
William Armbruster |
The surging U.S. economy is helping Matsushita Electric Corp. of America to achieve an even better y
Maritime
UK'S RJB MINING OFFERS $626 MILLION IN STOCK
Reuters |
Britain's RJB Mining PLC announced a $626 million stock issue Friday to help clinch the purchase of
RUSSIA THREATENS TO CUT EXPORTS TO NEIGHBORS UNLESS DEBTS PAID
Associated Press |
Russia will cut exports to other former Soviet republics in 1995 unless they pay in full before taki
Maritime
RUSSIA FORMALLY SEEKS WTO MEMBERSHIP
Reuters |
Russia formally applied Friday to join the new World Trade Organization. Oleg Davydov, Russi
Maritime
ENVIRONMENTALISTS INHIBIT USE OF GAS, INDUSTRY CHARGES
Arthur Gottschalk |
Although natural gas is supposed to be the "cleaner-burning fuel," the greatest roadblocks to more g
MESA NABS CONTRACTS FOR GAS PROGRAM
Knight-Ridder Financial |
Mesa Inc. announced that is has signed Supershuttle Franchise Corp. and the City of Phoenix Aviation
ENERGY BRIEFS
From Wire and Staff Reports |
RUSSIA TO REDUCE OIL-EXPORT TAXESGENEVA - Russia will cut export taxes on oil in 199
INVESTORS STILL UNABLE TO GET PROFITS OUT OF VENEZUELA
Knight-Ridder Financial |
Not one dollar of foreign investors' profits has left Venezuela despite exchange controls introduced
Maritime
INSIDE TALK - ARTHUR GOTTSCHALK SMALL OIL PRODUCERS DEMAND COMPENSATION FOR SECRET '86 PACT
Arthur Gottschalk |
As controversy swirls around alleged U.S. actions to slash world oil prices in 1986, the damage done
RUSSIA NEAR HUGE OIL DEAL WITH WESTERN CONSORTIUM
Reuters |
A deal could be reached shortly on a multibillion-dollar project between Russia and a Western consor
CANADIAN DELEGATION TRAWLS FOR CHINESE SEAFOOD CONTRACTS
P.T. Bangsberg |
Fish will be the main course for a group of Canadian firms at this week's first Chinese aquatic indu
Maritime
US FIRMS HIGHLY CRITICAL OF JAPAN FINANCE MARKETS
Mark Magnier |
Although U.S. companies have a long list of complaints about tedious regulations and restrictive pra
Maritime
CHILE SEEN AS READY TO JOIN NAFTA ONCE US SORTS OUT OWN DISPUTES
Richard Lawrence |
Chile's quick entry into the North American Free Trade Agreement is widely regarded as virtually cer
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 229.90 up 1.39 w
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CHICAGO TRADERS FACE PENALTIES FOR ALLEGED ILLEGAL DEALS
Journal of Commerce Staff |
The Commodity Futures Trading Commission has filed a three-count administrative complaint against fo
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 9, 1994 Quotations are based on prices reported in the market or obtained from su
NEW DRUG APPROVED FOR MENTAL DISORDER
Associated Press |
Sufferers of obsessive-compulsive disorder now have a third drug option to fight the disease, believ
SPOT COMMODITIES
JOC Staff |
Dec. 9, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
PAPER RECYCLING REACHES A RECORD, IN US, INDUSTRY ASSOCIATION SAYS
Howard Simon |
Despite higher recovery costs, the use of recyling to make new paper is at an all-time high, the cou
PEPSI POISED TO EXPLORE PACKAGING ALTERNATIVES
Knight-Ridder Financial |
Pepsico Inc. Friday said it would "aggressively" explore alternative packaging materials if aluminum
OREGON PLANT AIMS TO SPUR RECYCLING OF PLASTIC CONTAINERS
Associated Press |
Operators of a new recycling plant say they will be able to recycle plastic containers for which no
BALTIC FREIGHT INDEX
JOC Staff |
2027 (Dec. 9, 1994) Previous day - 2011 The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 9, 1994 Baltic International Freight Futures MarketPrev.Close High Low
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
US TREASURE HUNTER WILL ATTEMPT TO FIND FABLED NEW ZEALAND FORTUNE
Simon Louisson |
A fresh salvage attempt will be made to find the fabled treasure of the clipper General Grant, rumor
Maritime
VIRGINIA SHIPYARD COULD GET FOREIGN NAVY WORK
Christopher Dinsmore |
Newport News Shipbuilding may be a step closer to an important contract to build ships for a foreign
Maritime
FARM EQUIPMENT EXPORTS BOOM AT HAMPTON ROADS
Christopher Dinsmore |
The ramp extending from the back of the freighter Texas hung suspended about 10 feet off the pier at
Maritime
RATE INCREASES FOR DRY BULK CARGO PUSH BALTIC INDEX TO RECORD LEVEL
Janet Porter |
Freight rates for dry bulk cargoes such as grain, coal and iron ore moved sharply higher last week,
Maritime
PORTS MAY TAKE A HIT UNDER NEW CONGRESS
Tim Shorrock |
U.S. ports should prepare for a new Washington political climate that is likely to ease up on enviro
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
FIRST LINE'S COFR LIMIT RAISED TO $300 MILLION
Alan Abrams |
Nearly all tanker owners now have at least two options for complying with U.S. financial responsibil
Maritime
CARRIERS CRACK DOWN ON CHINESE PAYMENTS
P.T. Bangsberg |
Shipping lines are getting tough with China in an attempt to recover hundreds of millions of dollars
Maritime
COLLAPSE OF TALKS ON SEAWAY TOLLS "A SHAME,' SHIPPING GROUP SAYS
Paul F. Conley |
The shipping community isn't too happy with the collapse of talks to reduce tolls on the St. Lawrenc
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
No text.
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
FIRE FORCES EVACUATION OF NAVY-CHARTERED SHIPWASHINGTON - A Panamanian-flagged cruis
Maritime
FLORIDA ECONOMISTS CAN LOCATE THE "NEEDLE' IN STACKS OF TRADE DATA
Milan Ruzicka |
Three years ago, Florida economists John S. Zdanowicz and Simon Pak set out to look for safety pins
Maritime
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