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TRADE MISSIONS
JOC Staff |
FROM THE UNITED STATES/CANADA SOUTH AMERICA. Dec. 1-9. The U.S. Department of Commerce is le
Maritime
JAPAN TO LEND $1.16 BILLION TO PHILIPPINES
Associated Press |
Japan plans to lend the Philippines $1.16 billion to help build power supply facilities and improve
Maritime
FRENCH FIRM'S PULLOUT WON'T SLOW ALGERIAN PROJECTS, GOVERNMENT SAYS
Knight-Ridder Financial |
Algerian oil officials said there will be no delays or cutbacks in planned gas and liquefied natural
TAIWAN EYES CHINA-MEXICO AXIS AS WAY TO BOOST US TOY SALES
P.T. Bangsberg |
Battered toymakers in Taiwan are looking to one of their great rivals and one of their largely ignor
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
ISRAEL, TURKEY NEARING FREE-TRADE AGREEMENTANKARA, Turkey - Turkey and Israel are ne
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
ABU DHABI TO UNVEIL GAS-PROCESSING PLANTNEW YORK - Abu Dhabi on Wednesday will unvei
COAL TERMINAL REPORT
JOC Staff |
Nov. 7, 1994 This table shows the vessels scheduled to call at U.S. coal terminals and the e
INDONESIA HOPES NATURAL GAS WILL FUEL ITS FUTURE AS OIL PRODUCTION DECLINES
Reuters |
Indonesia, facing declining oil production, is increasingly banking on its large reserves of natural
MARITIME BRIEFS
Wire and Staff Reports |
THUNDER BAY SEES INCREASE IN TRAFFICTHUNDER BAY, Ontario - A surge in oceangoing bus
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Monday Nov. 7, 1994 Prevailing sellers' posted prices at the close of business, representing
WORLD OIL OUTPUT A "GUSHER' IN OCTOBER SURGE SEEN CONTINUING
Reuters |
World oil production surged by more than 1 million barrels a day in Octoberfrom September le
OHIO CITY GAUGES VALUE OF DEFUNCT POWER PLANT
Associated Press |
Municipal officials are trying to determine how valuable the city's trash- burning power plant might
VIETNAM ON COURSE TO JOIN ASEAN IN '95
Brian Johns |
In a continuance of its steady march toward global economic integration,Vietnam is expected
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
ARGENTINE GROWERS AWAIT US ACTION ON TOBACCO IMPORTS
Paula L. Green |
Argentine tobacco growers are still waiting for the United States to relax its restrictions on tobac
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 7, 1994 Quotations are based on prices reported in the market or obtained
CHINA AGENCIES CRACK DOWN ON UNAUTHORIZED MARKET TRADING
Knight-Ridder Financial |
China is cracking down on unauthorized trading in foreign exchange and futures, and promises to hit
CHINA COTTON BUYER BEATEN TO DEATH
Reuters |
A Chinese cotton farmer and six accomplices beat a state buyer to death with sticks and bricks after
EGYPTIAN FLOODING DAMAGES SUGAR BUT MOSTLY SPARES THE COTTON CROP
Knight-Ridder Financial |
Devastating rains that hit Egypt last week caused some damage to sugar cane and other crops, but bar
SPOT COMMODITIES
JOC Staff |
Nov. 7, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
COPPER PRICES AT RISK, TRADING COMPANY SAYSLONDON - Expanding copper mining in the n
JAPAN MAY HEDGE RISKS WITH US DERIVATIVES
From Wire Reports |
The Finance Ministry is considering adopting advanced U.S. derivative products used to hedge risks o
UK'S NORWICH PLANS JOB CUTS
Knight-Ridder Financial |
U.K. insurance giant Norwich Union is to cut up to 2,000 jobs over the next five years in a bid to "
INSURANCE BRIEFS
From Wire and Staff Reports |
ALLIANZ SAYS CHINA WEIGHS OPENING SECTORTOKYO - The Chinese government is considerin
ITALY'S "APOCALYPTIC' FLOODING WORRIES INSURANCE INDUSTRY DEATH TOLL HITS 36 STORMS SHIFT SOUTH
From Wire and Staff Reports |
Early reports of extensive loss of life and even more extensive loss of property, due to the weekend
INSURANCE EARNINGS
From Wire and Staff Reports |
NORTHRIDGE EARTHQUAKE HITS SAFECO EARNINGSSEATTLE - California's Northridge earthqua
BLM CHEERS DECISION ON BIG WOOD RIVER BED
Associated Press |
The Bureau of Land Management said a judge's decision ifying mining claims filed on the bed
MEXICAN GROUP WILL PURCHASE UPJOHN CO.'S SEED DIVISION
Reuters |
Upjohn Co., the prescription-drug manufacturer, said Monday it will sell its vegetable seed division
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 234.16 up 0.24 whi
BALTIC FREIGHT INDEX
JOC Staff |
1841 (Nov. 7, 1994) Previous day - 1848 The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 7, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
EU WANTS TO END PORT CARGO-HANDLING MONOPOLIES
Bruce Barnard |
The European Union Commission called for an end to cargo-handling monopolies in EU seaports as part
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Nov. 4, 1994. U
VENEZUELA NAVY SHIP TO PLY TRADE ROUTE
Special to The Journal of Commerce |
A Venezuelan naval vessel will carry commercial cargo between the South American country and the Car
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
STEADY GROWTH FORECAST FOR P&O EARNINGS
Janet Porter |
P&O Containers could enjoy a sharp profit increase over the next few years as freight rates rise, a
Maritime
ST. LUCIA PORT TO OPEN NOV. 14
Journal of Commerce Staff |
A $55 million container and roll-on, roll-off port will officially open Nov. 14 on the Caribbean isl
Maritime
DRY-CARGO RATES EXPECTED TO PEAK DUE TO NEW SHIPS
Janet Porter |
After an unprecedented rise in dry-cargo freight rates over the past couple of months, the market is
Maritime
UNIONS SLOW CGM CARGO OVER TRADE WITHDRAWAL
Tara Patel |
Vessels owned by Compagnie Generale Maritime (CGM), the French state-owned shipping company, were de
Maritime
RISE IN "MIDSTREAM' FEES ANGERS HONG KONG SHIPPERS
P.T. Bangsberg |
Local shippers and port users are railing against what they see as an opportunistic new levy on cont
Maritime
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