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SINGAPORE URGES ASIAN AIRLINES TO LIBERALIZE TRAFFIC RIGHTS
Reuters |
Singapore has urged Asian airlines to liberalize their air traffic rights to maintain the region's g
AIR EXPRESS INTERNATIONAL BUYS GERMAN FORWARDER
William Armbruster |
Air Express International, in a move to strengthen its position in Germany, has acquired Kern Intern
TRANSPORT BRIEFS
Wire and Staff Reports |
CARGOLUX STARTS SERVICE BETWEEN ICELAND, CONN.WINDSOR LOCKS, Conn. - Cargolux Airlines Inter
PEACE PACT COULD THRUST JORDAN INTO ROLE OF MIDEAST TRADE HUB
William Armbruster |
Jordan could emerge a major trade and transportation hub in the Middle East as a resultof the peace
ENERGY BRIEFS
Wire and Staff Reports |
EUROPE FUEL OIL SUPPLY EXPECTED TO STAY TIGHTLONDON - European refining profit margi
EXXON TO PAY $154 MILLION TO SETTLE ALASKA TAX DISPUTE
Associated Press |
Exxon Corp. has agreed to pay Alaska $154.5 million to settle a dispute over six years of back incom
SPOT PRODUCT PRICES
JOC Staff |
Oct. 24, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
INSURANCE BRIEFS
From Wire and Staff Reports |
EX-BLUE CROSS EXECS FACING TRIAL IN MD.Two former executives of Blue Cross and Blue Shield o
HOST MARRIOTT BUYING 7 HOTELS FROM EQUITABLE LIFE ASSURANCE
Reuters |
Continuing its steady expansion of hotel properties, Host Marriott Corp. said Monday it agreed to bu
BALTIC FREIGHT INDEX
JOC Staff |
1866 (Oct. 24, 1994) Previous day - 1855 The Baltic International Freight Futures Market in
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Oct. 24, 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
SC PORT AUTHORITY RACKS UP 60 PERCENT GAIN IN OPERATING PROFIT
Fred Monk |
The South Carolina State Ports Authority had one of its best quarters everfrom July to Septe
Maritime
FREIGHT RATE INDEX SOARS TO NEW HIGH
Journal of Commerce Staff |
The index of freight rates for large bulk carriers hit a new high Monday as demand for bulk commodit
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
LYKES TO CUT FREIGHTERS AS SUBSIDIES RUN OUT
Tim Shorrock |
Lykes Bros. Steamship Co. is scrapping most of its aging fleet of breakbulk freighters by July 1995
JAPAN SET TO GRANT FARMERS' AID AS STEP TO LIBERALIZING IMPORTS
Mark Magnier |
Japan's government is scheduled today to formally ratify a $60 billion, six- year farm aid package d
CHINA SAYS IT'S ADDING MUSCLE TO TRADEMARK PROTECTION EFFORT
P.T. Bangsberg |
More than 60,000 foreign trademarks are among the 440,000 registered in China and will be granted "s
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
IMPORT LEADS
JOC Staff |
METAL CONTAINERS Tin cans. Contact: CMB Packaging Singapore Ltd., 1120 Woodlands Road, Singa
Maritime
INDIA CREATES UNIT TO COUNTER WHITE-COLLAR CRIMINAL ACTS
Jawed Naqvi |
The Indian government, worried by a steady increase in economic crime, will set up a special federal
Maritime
LEIF HOUGH, CITING COOL CARRIERS' LOSS, REVISES '94 PROFIT FORECAST DOWNWARD
Janet Porter |
The Norwegian shipping group Leif Hoegh & Co. A/S downgraded its full-year profit forecast because o
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 24, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
VENTURE TO CONSTRUCT REFINERY IN EAST JAVA
Associated Press |
A joint venture between an Indonesian tycoon and foreign investors will build a $32 billion oil refi
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
AUSTRALIAN BANK MOVES TO HEAD OFF INFLATION
Reuters |
The Reserve Bank of Australia (RBA) raised interest rates on Monday for the second time in less than
AT INDONESIAN BOXPORTS, EXPANSION IS "RELATIVE'
P.T. Bangsberg |
Two Indonesian companies run by children of the country's president have won contracts for container
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Oct. 15, total piggyback freight hauled on the nation's major railroads equaled 1
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
QUOTE TO NOTE ON DOLLAR OUTLOOK:
_ Henry Kaufman President Henry Kaufman & Co. Explaining why |
"The combination of economic growth in the United States and improving business elsewhere is hardly
Maritime
CUBA TO OPEN SUGAR INDUSTRY
Knight-Ridder Financial |
The Cuban government will open the sugar industry to foreign investment, a government source said Mo
Maritime
INSIDE TALK - MILAN RUZICKA SELF-SERVING SURVEYS: A FEW QUESTIONS THEY NEVER INCLUDE
Milan Ruzicka |
"There are lies, damned lies and church statistics." _ DisraeliMore than 90 percent of U.S.
Maritime
AGREEMENT HALTS STRIKE AT INDIAN COMPANY
Knight-Ridder Financial |
Oil workers in India's state-run ONGC Ltd., the country's biggest oil exploration company, called of
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 24, 1994 Quotations are based on prices reported in the market or obtained from s
"SUPER RICE' SHOWS POTENTIAL TO INCREASE PRODUCTION 25 PERCENT
Knight-Ridder Financial |
Scientists have developed a new breed of "super rice" that they claim can produce 25 percent more gr
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +16.5610/18 107.410/19 107.510
3 CANDIDATES TO LEAD WTO ARE RUNNING NECK-AND-NECK
John Zarocostas |
The competition to elect a chief to oversee global trade has hardened into three regional camps - th
GM PLANT BEGINS EXPORTING CHEVY TRUCKS TO MEXICO
Reuters |
General Motors Corp. said last week its Janesville, Wis., truck assembly plant began building and sh
Maritime
BULLISHNESS, LIQUIDATION OF CONTRACTS SPARKS SHARP INCREASE IN GAS FUTURES
Arthur Gottschalk |
Natural-gas prices on the New York Mercantile Exchange turned sharply higher Monday, with the expiri
SOFTWARE HELPS INSURERS TRACK RISK DATA IN MEXICO
Kevin G. Hall |
A Mexican subsidiary of the Liberty Mutual Group has started selling in Mexico software packages tha
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