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DAILY PETROLEUM PRICES
JOC Staff |
Thursday Oct. 6, 1994 Prevailing sellers' posted prices at the close of business, representi
YANG MING AND EVERGREEN EXPAND, WITH EYE TO CHINA
Dennis Engbarth |
Taiwan's two main shipping companies are continuing expansion programs and actively preparing to ent
CARRIERS, SHIPPERS PUSH DIRECT SAILINGS TO CHINA
Dennis Engbarth |
Taiwan may finally be prepared to deal pragmatically with the thorny problem of direct shipping link
AGENT ADVISORY PANELS: NOT JUST "DRINKS AND LINKS,' VETERANS SAY
L.M. Palazzo |
If a sewer backs up and destroys the contents of a home or business, most policyholders think an ins
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 229.86 off 0.44
FREIGHT RATE FUTURES
JOC Staff |
Oct. 6, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BP TO CHARTER VESSELS LONG TERM AT SPOT RATES
Knight-Ridder Financial |
British Petroleum is seeking to take vessels on long-term charter at higher, spot-market-based rates
Maritime
WORK SLOWDOWN HITS PORT OF BUENOS AIRES
Paula L. Green |
Dockworkers have hit the Port of Buenos Aires with a work slowdown as the aging public port tries to
Maritime
LAWMAKERS ACT TO SAVE BARGE SAFETY LEGISLATION
William L. Roberts |
Congress was moving Thursday to salvage barge safety legislation in a final effort this session to a
Maritime
INDIAN TELECOM GIANT'S ISSUE OF SHARES CREATES CONFUSION
Madhav Reddy |
India's biggest Euroissue, planned by overseas telecommunication monopoly Videsh Sanchar Nigam Ltd.
RESEARCHER SEES CONTAINERS MOVING VIA ROLL-ON "COASTERS'
George F.W. Telfer |
Roll-on, roll-off ships could move domestic cargo in trailers and containers along the Atlantic and
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
ENERGY BRIEFS
From Wire and Staff Reports |
TENNECO TO DEVELOP CHILEAN POWER PLANTSNEW YORK - Tenneco Gas of Houston has signed
IMPORT ABCS - DONALD L. FISCHER, ESQ. AUTOMATED SYSTEM LETS IMPORTERS TAKE BROKER FUNCTION IN-HOUSE
Donald L. Fischer, Esq. |
Large-volume importers who file simple entries may want to consider taking their brokerage function
Maritime
CAPITAL FLIGHT MAKING TAIWAN A VICTIM OF ITS OWN SUCCESS
P.T. Bangsberg |
With its growing economy nestled snugly on a mountain of hard currency, Taiwan would seem to be a co
NIGERIAN COMMUTERS TAKE A HIKE AS GASOLINE PRICES SOAR TOO HIGH
Frank Aigbogun |
Buses and cars stayed off the roads, and thousands of commuters walked miles to work Wednesday to av
ASIAN RUBBER PRICES SPIRAL UPWARD ON RISE IN WESTERN DEMAND
Rajan Moses |
Asian rubber prices are bouncing up uncontrollably amid renewed Western tire maker demand, supply ti
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
AIR, SEA LINKS TO INDIA REOPEN AS PLAGUE THREAT BEGINS TO EASE
Special to The Journal of Commerce |
With both foreign and domestic concern over the plague outbreak beginning to abate, the sea and air
Maritime
RUSSIAN GROUP TO BUILD ICE-BREAKING TANKERS
Knight-Ridder Financial |
The joint-stock oil-producing company Lukoil, Transportation Ministry Marine Department, Murmansk St
Maritime
EASTBOUND PACIFIC TRADE TO GROW, GROUP SAYS
Journal of Commerce Staff |
Continued economic recovery in the United States is likely to translate into a 7 percent growth rate
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
FREIGHT RATES TO RISE IN CANADA-EUROPE TRADELONDON - Freight rates charged by confer
Maritime
S. KOREAN BANK OPTIMISTIC AFTER BAD LOAN PROBLEMS
Kim Myong-Hwan |
The Commercial Bank of Korea, recovering from one of South Korea's worst bad loan cases, is seeking
UNEMPLOYMENT RATE FALLS IN DENMARK
JOC Staff |
The number of unemployed persons in Denmark fell by 8,300 in August from July, to 341,400 in seasona
CARRIERS ACT TO STEM LOSSES FROM UNPAID CHINESE BILLS
P.T. Bangsberg |
Ocean carriers, suffering what they deem are intolerable losses, are getting tough on Chinese shippe
MARAD SAYS REORGANIZATION WILL HELP FLEET, SHIPBUILDING
Tim Sansbury |
The Maritime Administration on Wednesday unveiled an internal restructuring officials said will make
Maritime
COST OF CREDIT
JOC Staff |
Thursday, Oct. 6, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 6, 1994 Prev. Life of Contr. OpenOpen High Low
UTILITY GROUP PROPOSES COMPETITION IN TEXAS' WHOLESALE ELECTRICITY MART
Associated Press |
The wholesale market for electricity in Texas should be opened to competition, and much of the state
TRADE BRIEFS
Wire and Staff Reports |
9 JAPANESE COMPANIES SUSPECTED OF BID RIGGINGTOKYO - Nine Japanese electronics firms
Maritime
VIETEXPO '94 HIGHLIGHTS INVESTMENT OPPORTUNITIES
Brian Johns |
More than 100 exhibitors last weekend attended what organizers called the first-ever Vietnam trade s
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
BIG DROP IN CRUDE PRICES UNLIKELY, ECONOMIST SAYS
Knight-Ridder Financial |
World crude oil prices are not likely to fall much from current levels and thus will not help erode
SPOT PRODUCT PRICES
JOC Staff |
Oct. 6, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 6, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
AFTER LONG GESTATION, SYSTEM STARTS TO EASE AGENTS' WORK
Dennis Melamed |
It's a topic that makes people sleepy, but it addresses problems that keep independent insurers awak
SENATOR REJECTS PORT OFFICIALS IN PLEA FOR FEDERAL ASSISTANCE
Alice Cantwell |
A last-ditch appeal by port officials meeting here has been rejected by Sen. Max S. Baucus, D-Mont.,
Maritime
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Transportation |
RECENT VESSEL SALES SaleDate Vessel Year Price
Maritime
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5380
5381
5382
5383
5384
5385
5386
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10887
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