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FLORIDA'S WRB TO BUY GRENADA'S POWER FIRM
Canute James |
A Florida company has become a joint partner with the Grenada government in the island's only power
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
DAMAGED EQUIPMENT BLAMED FOR OIL SPILLQUITO, Ecuador - An oil spill that dumped 2,20
HOUSTON INDUSTRIES UNIT GETS INDIAN POWER PLANT CONTRACT FIRM WILL BUILD, OWN AND OPERATE
Houston Chronicle |
Houston Industries' unregulated energy subsidiary has been selected by a state agency in India to bu
DAILY PETROLEUM PRICES
JOC Staff |
Friday Oct. 14, 1994 Prevailing sellers' posted prices at the close of business, representin
PEOPLE - MARITIME
From Wire and Staff Reports |
COLUMBUS LINE (Jersey City, N.J.) - Two new staff members joined this carriers main offices here.
Maritime
ARMY CORPS OF ENGINEERS TO DREDGE JAMES RIVER
Charles Slack |
The U.S. Army Corps of Engineers will conduct emergency dredging of the upper James River next month
Maritime
ANOTHER SUIT BY LLOYD'S NAMES GOES TO COURT
HELEN MacLEOD |
The latest legal battle between investors and underwriters at Lloyd's of London will start in London
INSURANCE BRIEFS
Wire and Staff Reports |
HOME HOLDINGS' TETRO RESIGNS AFTER 8 MONTHSNEW YORK - John M. Tetro resigned from Ho
COTTON POLICY SEEN THREAT TO CHINA TEXTILE BOOST
Special to The Journal of Commerce |
A little over a decade ago, Chinese textiles and garments were found only in the bargain basements o
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
UK INVESTMENT COMPANY TO LAUNCH FUND FOR CUBA
Frances Kerry |
A British-based investment company, Beta Funds International, announced last week it planned to laun
INSIDE TALK - ARTHUR GOTTSCHALK SADDAM'S BARK BIGGER THAN HIS BITE ON THE OIL MARKET
Arthur Gottschalk |
On a Friday afternoon just before the start of the Columbus Day weekend, Saddam Hussein was suddenly
US BANKS TO COURT CORPORATE CLIENTS
Gordon Platt |
Mexico's plan to open its market to foreign bank subsidiaries has attracted applications from 20 int
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
3RD NORWEGIAN SHIPOWNER SET TO LEAVE US OVER INSURANCE
Knight-Ridder Financial |
Norwegian shipowner Wilship Wilhelmson has joined Knock Tankers and Mosvolds Rederi in saying it wil
Maritime
ARI NETWORK TO PROVIDE DATA SERVICE TO BIG RAILS
Lee Bergquist |
ARI Network Services Inc. has reached an agreement to transfer data electronically among the country
Transport, Trade and Regulation News
CORRECTION
JOC Staff |
In a Page 1A story Wednesday, Oct. 12, about Orient Overseas Container Line (OOCL) moving cargo over
COST OF CREDIT
JOC Staff |
Friday, Oct. 14, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MERRILL LYNCH INKS LEBANON BOND DEAL
Knight-Ridder Financial |
Lebanon and the U.S. brokerage concern Merrill Lynch signed a contract here Friday for the issue of
Maritime
CANADA'S EXPORTERS RECOMMEND CHANGES IN TRADE PROMOTION
Charles W. Thurston |
Members of Canada's national exporters' association recently offered 20 recommendations to the crown
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
OIL OFFICIAL REPLACES COMOROS' PRIME MINISTERPARIS - Comoros' Prime Minister Mohamed
IMF DIRECTOR ADVISES S. KOREA TO CUT INFLATION, OPEN MARKETS
Reuters |
International Monetary Fund Managing Director Michel Camdessus has urged South Korea to reduce infla
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 14, 1994 Prev. Life of Contr. OpenOpen High Low
US NAVY OFFICERS STILL ABOARD SHIP SUSPECTED OF CARRYING IRAQI OIL
Reuters |
U.S. Navy officers are still on board a tanker intercepted in the Persian Gulf with a cargo of suspe
OLIVER TO MAINTAIN COURSE UNDER NEW LEADER
Rip Watson |
Oliver Transportation Inc. named trucking industry veteran Wayne M. Sampson to replace Tony Meador a
CASS FREIGHT INDEX REACHES RECORD HIGHS FOR SEPTEMBER
Journal of Commerce Staff |
The Cass Logistics index of freight activity hit record levels in September, according to results re
CONTAINERSHIP MARKET REPORT, SEPTEMBER 1994 CHARTER DEALS OFTEN GROW FROM EXISTING CONTRACTS
JOC Staff |
During a very active month, a large number of charter deals were extensions of existing contracts, a
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
CHINESE OFFICIAL SEEKS COTTON PRICE CONTROLSHONG KONG - Lin Lanqing, China's vice pr
DUTCH INDUSTRIAL SALES ROSE 2 PERCENT IN JULY, AUGUST
Knight-Ridder Financial |
Dutch industrial sales were up 2 percent in July and August compared with the same period in 1993, a
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 227.54 off 0.05
EU ACTS TO LIBERALIZE RULES FOR SATELLITE USE
Reuters |
The European Commission said Friday it had adopted rules to end state monopolies over satellite tele
Maritime
QUOTE TO NOTE ON GAME THEORY:
Torsten Persson Economics Professor, Member of Nobel Committee |
"The point of game theory is that it offers a general toolbox for handling increasingly complex situ
Maritime
CARIBBEAN FACES END OF SPECIAL PACTS
Jane Bussey |
Faced with the elimination of preferential trade treatment, the Caribbean region must adopt a "war f
Maritime
TRADE BRIEFS
Wire and Staff Reports |
9-MONTH TRADE SURPLUS AT $1.38 BILLION IN CHINAHONG KONG - Rising exports have helpe
Maritime
INLAND STEEL FORMS NEW COMPANY TO MEET DEMANDS OF GLOBAL MARKET
Kevin G. Hall |
Inland Steel Industries Inc., a top U.S. steel producer, has formed a global trading company to expa
Maritime
DESPITE LOSSES, TMM REMAINS DOMINANT RAIL CARRIER
John M. Nagel |
Despite a difficult year for the bottom line at Transportacion Maritima Mexicana, strategic alliance
SPOT PRODUCT PRICES
JOC Staff |
Oct. 14, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
NY UTILITY CUTS QUARTERLY DIVIDEND
Knight-Ridder Financial |
New York State Electric and Gas Corp. Friday cut its quarterly dividend to 35 cents a share from 55
MEXICAN LABEL LAWS GIVE TRADERS HEADACHES
John M. Nagel |
Strict new and pending labeling and product safety information requirements have importers of finish
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