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US INTERCEPTS TANKER THOUGHT TO HOLD IRAQI OIL
Reuters |
The U.S. Navy said it boarded a Greek-owned tanker in the northern Gulf Thursday containing what was
FUEL, VESSEL, LABOR COSTS PUSH APC EARNINGS DOWN
Peter M. Tirschwell |
The parent company of American President Lines, the second-largest U.S. ocean carrier, reported lowe
Maritime
TAKING ON THE NORTH SEA
Smit International Photo |
Photo only
Maritime
FRANCE'S GDP ROSE 1 PERCENT IN 2ND QUARTER
Knight-Ridder Financial |
France's gross domestic product rose an unrevised 1.0 percent in the second quarter after a 0.7 perc
MARITIME BRIEFS
Wire and Staff Reports |
26 FERRY WORKERS PUNISHED IN PAY DISPUTEJUNEAU, Alaska - The state has fired, suspen
Maritime
PORT OF VANCOUVER EXPECTS BIG BOX GAINS WITH DELTAPORT
WILLIAM DiBENEDETTO |
Officials at the Port of Vancouver, British Columbia, hope their plan to nearly double the port's ca
Maritime
US PUSHED TO ALLOW RUSSIA TO JOIN EXPORT-CONTROL GROUP NUCLEAR TRANSFERS STILL AN ISSUE
Michael S. Lelyveld |
U.S. allies are pressing hard for Russian membership in a new export control group despite continuin
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three Weeks Ended Oct. 8, 1994, vs. Similar 1993 Period Cars CarsLoaded Loaded
INVESTORS BOOST PORTFOLIO STOCKS, DIVERSIFY, SURVEY SAYS
Journal of Commerce Staff |
Institutional investors increased their equity assets and diversified their portfolios globally in 1
NUCOR CHIEF SAYS ELECTRICITY IS KEY TO LURING STEEL MILL
Knight-Ridder Newspapers |
Ken Iverson, chairman of Nucor Steel, said affordable electricity would be the key factor in choosin
ACMS TO ACQUIRE CURTIS BAY CO.
Journal of Commerce Staff |
American Commercial Marine Service said it will purchase Curtis Bay Co. The sale is expected
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
TAIWANESE OIL FIRM TO LIST ON EXCHANGETAIPEI, Taiwan - Chinese Petroleum Corp., Taiw
MOODY'S GIVES INVESTMENT FIRM "BA2' SHELF REGISTRATION RATING
Journal of Commerce Staff |
A company specializing in higher-risk home equity loans has been given a shelf registration rating "
AIRBORNE, SCHMIDT GROUP ENTER CATALOG VENTURE
Journal of Commerce Staff |
Under a new program offered by Airborne Express and Schmidt Group International, U.S.-based catalog
JOURNAL OF COMMERCE - FAST FACTS AIR CARGO HANDLED AT O'HARE INTERNATIONAL AIRPORT
Chicago Airport System |
No text.
ICC MEETS MANDATE, SLASHES STAFF BY OVER 25 PERCENT
Lisa Burgess |
Bowing to new budget realities, the Interstate Commerce Commission has met its congressional mandate
UNITED FIGHTS SOUTHWEST FOR CALIFORNIA MARKET
Journal of Commerce Staff |
United Airlines has kicked off its assault on Southwest Airlines Co.'s dominance in the lucrative Ca
SEATTLE PORT, TOUTING BENEFITS TO STATE, URGES CONGRESS TO APPROVE GATT BILL
WILLIAM DiBENEDETTO |
The Port of Seattle Commission this week urged swift congressional passage of legislation implementi
Maritime
MATEER-BURT CO.
K. Buck Wolf |
In the trade of packaging machinery, Mateer-Burt Co. swims against the current. Though the U
Maritime
GROUP CALLS FOR MONITORING OF CANADIAN LAKES FLEET
Leo Ryan |
A Canadian watchdog body has called for closer monitoring of Canada's aging fleet of bulk carriers p
Maritime
REOPENING NEARS FOR HOWLAND HOOK TERMINAL
Alan Abrams |
Port officials expect the long-shuttered Howland Hook container terminal on Staten Island to reopen
Maritime
CALIF.'S GARAMENDI OUTLINES PLAN FOR BASIC QUAKE POLICY
Brian Johns |
In an attempt to free the state's homeowners insurance market, California Insurance Commissioner Joh
WHOLESALE PRICES DECLINE BY 0.5 PERCENT
Associated Press |
Prices at the wholesale level plunged 0.5 percent in September, their biggest drop in more than a ye
PERU AGENCY PLANS TO SELL OFF FIRST PORT FACILITIES IN MARCH
Knight-Ridder Financial |
Enapu, the state port authority, plans to sell the first of its port concessions in March 1995, with
Maritime
ORGANIZATIONAL CHANGES CONTINUE AT MAERSK
Journal of Commerce Staff |
The upper-management realignment at Maersk Inc. here, a subsidiary of A.P. Moller Inc., of Copenhage
Maritime
US THREATENS TO BOYCOTT EUROPEAN ENERGY TREATY
Bruce Barnard |
The United States warned Thursday that it might boycott the European Energy Charter, a landmark agre
ERROR SPARKS WAR OF ROSES BETWEEN US, ECUADOR
John Maggs |
Ecuador has been a model of economic cooperation with the United States, but that apparently won't h
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +16.1910/6 108.010/7 108.510
COST OF CREDIT
JOC Staff |
Thursday, Oct. 13, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
RECORD HARVEST MAY PRODUCE OVERSTUFFED GRAIN ELEVATORS
From Wire and Staff Reports |
A record grain harvest across the Midwest threatens to force farmers to pile the bountymountain-high
FLOODS MAY FORCE VIETNAM TO CURB ITS RICE EXPORTS
Associated Press |
The government is considering a temporary suspension of rice exports in the wake of floods in the no
GASOLINE PRICES
JOC Staff |
Oct. 13, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
IMPORT LEADS
JOC Staff |
AUTOMOBILE EQUIPMENT Oil filters. Contact: June Heung Filter Co., 419-21, Dongkyo-ri, Pocheo
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 13, 1994Brent Crude Oil - (Dollars Per Barrel)
IRAQI THREAT FAILS TO FAZE OIL OUTPUT, KUWAIT SAYS
Reuters |
Kuwait's oil sector is working normally despite heightened tension with Iraq over its border buildup
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Oct. 13, 1994 Prevailing sellers' posted prices at the close of business, represent
SEATTLE'S PORT DIRECTOR RECEIVES PAY INCREASE, ADDITIONAL POWERS
WILLIAM DiBENEDETTO |
Mic Dinsmore, the Port of Seattle's executive director, received a 6 percent pay increase this week,
Maritime
GROUP PREPARES TO INVEST $200 MILLION IN CONTINENTAL
Margo D. Beller |
An investment group that includes Chase Manhattan Bank, Bermuda-based Centre Reinsurance Holdings Lt
MALAYSIA IS BECOMING IMPORTANT S. KOREA PARTNER
Yeom Yoon-Jeong |
After a somewhat late start, South Korean businesses now view fast-growing Malaysia as an important
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