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DAILY PETROLEUM PRICES
JOC Staff |
Thursday Sept. 22, 1994 Prevailing sellers' posted prices at the close of business, represen
SURVEY: EXPORTERS EXPECT SLIGHT RISE IN SHIPMENTS
Journal of Commerce Staff |
U.S. exporters expect their shipments abroad to edge only slightly higher in the coming months, acco
Maritime
DIAMONDS AREN'T FOREVER: INSURER TALLIES POTENTIAL BASEBALL REFUND
Knight-Ridder Newspapers |
K&K Insurance is looking at a different kind of baseball stats. After team owners ended the
CHANCES OF REPEALING ANTITRUST EXEMPTIONS GOING, GOING . . .
Margo D. Beller |
A poor prognosis for national health care reform this year has dimmed the chance of Congress passing
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 230.40 off 0.57
PORTSMOUTH BOX TRAFFIC POISED TO JUMP IN NEXT 12 MONTHS
Knight-Ridder Financial |
Several ship lines will haul an additional 45,000 containers through Portsmouth Marine Terminal in t
Maritime
INDUSTRIAL OUTPUT INCREASES IN ITALY
Knight-Ridder Financial |
Italian July industrial production rose a seasonally adjusted 1.7 percentfrom June and climb
JAPANESE GOVERNMENT APPROVES INCREASE IN SALES TAX
Associated Press |
Japan's government Thursday approved a tax reform plan that includes raising the sales tax, a levy l
MARSEILLES DOCKERS' MEETING TEMPORARILY SHUTS DOWN PORT
Tara Patel |
The French port of Marseilles was shut down for a few hours on Thursday as dockworkers met to discus
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +19.729/16 108.19/19 108.19/
DOLLAR MOVES HIGHER VS. YEN DESPITE THREAT OF SANCTIONS
Knight-Ridder Financial |
The U.S. dollar rose slightly against the yen Thursday, even as President Clinton renewed his threat
FURTHER AID FOR RUSSIA, OTHERS TOPS WORLD BANK AGENDA
Richard Lawrence |
More financial help for Russia, other former Soviet republics and Third World countries in general i
PEOPLE - TRANSPORT
From Wire and Staff Reports |
PORT OF PORTLAND (Portland, Ore.) - Kendall Austin was named aviation marketing associate for passen
HAITIANS STAND TO BENEFIT FROM REGIONAL UNIONIZATION NEIGHBOR SIGNS TEXTILE PACTS
Charles W. Thurston |
Recent advances in unionization in the apparel export assembly plants of the Caribbean bode well for
Maritime
QUOTE TO NOTE ON CHINA IN WTO:
Clyde W. Prestowitz, President, Economic Strategy Institute |
"(In China) the market is not seen as an end in itself but as a tool to be manipulated."
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 22, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
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
AMOCO PICKS TEXAS SITE FOR UP TO 700 WORKERS
Houston Chronicle |
Amoco Corp. has chosen a site in Pasadena, Texas, for up to 700 engineers and construction employees
NIGERIA SAYS UNIONS ALLOWED, BUT WARNS: STAY OUT OF POLITICS
From Wire Reports |
Nigeria's oil unions Nupeng and Pengassan still have an important role to play, despite the recent t
ALUMINUM PRODUCTION DECLINES IN GERMANY
Knight-Ridder Financial |
German production of primary aluminum during the first seven months fell 13.3 percent from a year ea
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
COTTON DEMAND STRONG AT US TEXTILE MILLSKANSAS CITY, Mo. - U.S. textile mills are st
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 22, 1994 Quotations are based on prices reported in the market or obtained from
ASIA-PACIFIC'S PETROCHEMICAL NEEDS FORECAST
Reuters |
The Asia-Pacific region will remain a net importer of petrochemicals beyond 2000, with increases in
INADEQUATE DOCK SPACE TO SLOW SHIP TRAFFIC
Lisa Burgess |
One of the U.S. government's stated goals in Haiti is to see the economy get back on track, but comm
TROOPS, EQUIPMENT AMASSING IN HAITI
Journal of Commerce Staff |
The movement of troops and equipment into Haiti is increasing as the military shifts its focus from
TWO PORTS, ARMY CORPS ENTER BUOY PACT
Journal of Commerce Staff |
Two mooring anchorage buoys were placed in the Columbia River near Hayden Island, the result of a co
Maritime
INS ORDERED TO COVER AIRLINE'S COSTS FOR DETENTION
Michael S. Lelyveld |
In a ruling that may open the door for airlines to file millions of dollars in claims, Judge I. Leo
PHILIPPINES CARVES NICHE IN SHIP-REPAIR BUSINESS
Cecilia Quiambao |
Ship repairing is emerging as one of the Philippines' sunrise industries as soaring labor costs driv
Maritime
SINO-JAPANESE FIRM TO HANDLE BOX TRAFFIC
Journal of Commerce Staff |
A Sino-Japanese cargo logistics company was set up to handle international container transportation
Maritime
BRITAIN'S NEW CARGO-SECURITY RULES POSE PROBLEMS FOR SHIPPERS, FORWARDERS
Special to The Journal of Commerce |
Problems have arisen for shippers and forwarders since the June introduction of Britain's new air fr
LONG BEACH RAIL-CONTROL CENTER AIMS TO RELIEVE PORT CONGESTION
Bill Mongelluzzo |
The Port of Long Beach has opened its new Rail Operations Control Center to coordinate and facilitat
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three Weeks Ended Sept. 17, 1994, vs. Similar 1993 Period Cars CarsLoaded Loaded
INVESTORS PUT THE SQUEEZE ON SOUTHWEST AIRLINES
Charles Boisseau |
Luv may be in the air, but the real question is, it going to fall any more? Shares of Southwest Airl
BROOKLYN GOES GLOBAL INC.
K. Buck Wolf |
Brooklyn, N.Y., is the quintessential American melting pot. People from 93 ethnic, racial an
Maritime
HOME OIL UNVEILS PLAN TO BOOST GAS OUTPUT
Knight-Ridder Financial |
Home Oil Co. of Calgary, Alberta, Thursday announced plans for a major natural gas development progr
IMPORT ABCS - DONALD L. FISCHER, ESQ. SURETY BONDS DO MORE THAN GUARANTEE CUSTOMS IS PAID
Donald L. Fischer, Esq. |
All importers are required to post a surety bond with the Customs Service to ensure that the proper
Maritime
INVESTMENT INCOME PLUMMETS AT CANADIAN P/C INSURERS
Journal of Commerce Staff |
Canadian property and casualty insurers reported a "startling" drop in second-quarter income from th
INDIAN STEEL FIRM SEEKS ALLIANCES TO BOOST EXPORTS
N. Vasuki Rao |
Steel Authority of India Ltd., the country's largest steel producer, is seeking alliances with forei
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
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