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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
INDIAN YARD, BUOYED BY REFORMS, LOOKS TO COMPETE ON GLOBAL SCALE
Madhav Reddy |
Fresh private-sector orders for ships have injected new life into India's biggest shipyard, which is
Maritime
AUTOMOBILES: WATERBORNE EXPORTS
Compiled by The Journal of Commerce from database of Port |
Aug. 1993 Aug. 1994 Top PortsPercent PercentPort sha
Maritime
PRUDENTIAL LAUNCHES SEARCH TO REPLACE DWANE AS PRESIDENT OF REINSURANCE UNIT
Margo D. Beller |
Prudential Insurance Co., the nation's largest life and health insurer, is searching fora replacemen
4 KEY SHIPYARDS LEAVE INDUSTRY LOBBYING COUNCIL
Tim Sansbury |
Four of the nation's leading shipyards will abandon the Shipbuilders Council of America on Dec. 31,
USDA UNIT POISED TO IMPOSE BAN ON USE OF WATER TO CUT GRAIN DUST
Knight-Ridder Financial |
After a year of controversy that exposed a sharp division in the U.S. grain industry, the USDA's Fed
PERRY SEEKS COMMERCIAL TIES AS PART OF CHINESE AGENDA
Peter Hannam |
U.S. Defense Secretary William Perry will adopt the stance of a hawk during this week's visit to Chi
Maritime
CHAIN STORES ARE PUSHING OUT "MOM-AND-POP' SHOPS IN CHINA
P.T. Bangsberg |
In the manner of many Western countries, chain stores are eroding the traditional mom-and-pop shops
Maritime
TECHNOLOGY CALENDAR
JOC Staff |
1994 Engineering Forum. Oct. 19. One-day seminar on "Transferring Technology for Practical Applicati
Transport, Trade and Regulation News
CANADA'S BITECH FORGES VENTURE TO DEVELOP RUSSIAN FIELDS
Knight-Ridder Financial |
Canada's Bitech Corp. announced it signed a joint-venture agreement forming a new company that will
AMERICAN EXPLORATION TO PAY $100 MILLION TO END PARTNERSHIPS
Houston Chronicle |
American Exploration Co. plans to pay $100 million worth of cash and stock to take control of oil an
TOP OFFICIALS SET MEET TO DISCUSS UK EMPLOYMENT DATA DISCREPANCY
Knight-Ridder Financial |
Top Bank of England, Department of Employment and trade union officials will meet academic experts h
Maritime
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