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ENERGY BRIEFS
From Wire and Staff Reports |
MAGMA TO CONSIDER BUYOUT OFFERNEW YORK - Magma Power Co. has told California Energy
REFINERY AGREEMENT WILL HELP CUBA REDUCE MEXICAN DEBT, BOOST ECONOMY
Associated Press |
A subsidiary of Mexico's state petroleum monopoly signed a deal Tuesday to help operate Cuba's large
SPOT PRODUCT PRICES
JOC Staff |
Sept. 21, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon,
GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Joe Yeninas / Journal of Commerce |
No text.
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 21, 1994 Quotations are based on prices reported in the market or obtained from
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TERMINALS MAKE COMEBACK IN '94
Tim Sansbury |
Virginia Port Authority terminals are rebounding in 1994 from the off-year suffered in 1993, said Jo
EXPORTERS FIND UNLIKELY MARKETS
K. Buck Wolf |
Two Virginia exporters have done the equivalent of selling coal in Newcastle. One sells vodk
JAPANESE GROUP ACCEPTS OVERSIGHT PLAN
Associated Press |
The scandal-ridden Japan Shipbuilding Industry Foundation told the Transport Ministry this week that
Maritime
PARIS-BASED RISK POOL LURES ITS 1ST US FIRM
Margo D. Beller |
The international arm of Kemper National Insurance Cos. will become the first American insurance com
PORT OF HAMPTON ROADS COAL EXPORTS
Virginia Port Authority |
(Short Tons)Country 1993 1992 Italy 6,170,618 7,978,119
VA. YARDS SEEK CUSTOMERS FOR PRISON BARGES
Associated Press |
A plan to build barges that would be used as floating jails is being developed by two Virginia shipy
Maritime
INDIA OPENS DOOR TO 1ST FOREIGN INTERMODAL OPERATOR
N. Vasuki Rao |
A British company is the first foreign firm to be registered as an Indian intermodal operator.
PEOPLE - TRANSPORT
From Wire and Staff Reports |
VOLVO GM HEAVY TRUCK CORP. (Greensboro, N.C.) - Keith Hoile was named manager of public relations. H
FORMER NJ GOVERNOR TO CHAIR TRANSIT GROUP
Associated Press |
Former New Jersey Gov. Jim Florio will become the chairman of America's Coalition for Transit NOW, w
PEOPLE - TRANSPORT
From Wire and Staff Reports |
SALEM LOGISTICS INC. (Winston-Salem, N.C.) - Kenneth W. King was appointed vice president of sales.
EU INFLATION AVERAGES 3.1 PERCENT IN AUGUST
Knight-Ridder Financial |
The annual rate of consumer price inflation in the European Union was 3.1 percent in August, a sligh
CHINA CLAIMS LEAD IN BICYCLE PRODUCTION
Journal of Commerce |
China turned out over 40 million bicycles in 1993, becoming the world's No. 1 producer, said Wang Fe
GASOLINE PRICES
JOC Staff |
Sept. 21, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pr
CHINA NETS BIG CATCH IN CITY BY THE BAY
Brian Johns |
The vice mayor of Beijing captured more than $2 billion in investment commitments during a dash thro
Maritime
DEALMAKER OFFERS ADVICE ON CHINA: FOCUS ON A NICHE BEFORE INVESTING
Brian Johns |
Investors looking to profit from China's changing economy must enter the market with focused aggress
Maritime
QUOTE TO NOTE ON LATIN AMERICA:
Charles A. Gillespie, Former U.S. Ambassador |
"Income inequality is greater in Latin America than in any other region of the world . . . Iffree ma
Maritime
TRADE BRIEFS
Wire and Staff Reports |
VIETNAM PLANS TO ISSUE SHARES IN STATE FIRMSHANOI, Vietnam - Vietnam said Wednesday
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
PEOPLE - MARITIME
From Wire and Staff Reports |
AMERICAN PRESIDENT LINES LTD. (Oakland, Calif.) - Rodney Miller was named to the newly created posit
Maritime
SUPERFUND LEGISLATION STALLED AS PANEL DISPUTES AMENDMENTS
William L. Roberts |
The administration's fight for a comprehensive rewrite of the federal program for cleaning up pollut
SHORELINE MUTUAL PLANS TO LAUNCH OIL-SPILL COVERAGE FIRM HOPES TO GET CERTIFICATION SOON
Gary Taylor |
With its reinsurance program nearly in place, Shoreline Mutual (Bermuda) Ltd., the newest player in
LONDON MARINE MARKET REBOUNDS AS UNDERWRITERS RETAIN MORE RISKS
Gary Taylor |
A key marine insurance executive reviewed the past, present and future of the London insurance marke
EU'S PLAN ON CONSORTIA TOO STRICT, FMC SAYS
Tim Sansbury |
The European Commission's draft plan to regulate the way ocean carriers cooperate in consortia is to
PANEL CLEARS BARGE BILL FIGHT SHIFTS TO SENATE
William L. Roberts |
House maritime leaders are pushing for an early floor vote on barge safety legislation that easily w
SWISS "NO' VOTE ON EU TRUCKS COMES BACK TO HAUNT SWISSAIR
John Zarocostas |
Attempts by Swissair to secure better access to the lucrative European Union market are likely to re
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +20.049/15 107.99/16 108.19/
UAW THREATENS STRIKE AT GM UNIT
Associated Press |
Twelve thousand workers at a key General Motors factory complex will strike next week unless a dispu
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 21, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TEAMSTERS END STRIKE AT MOST PONY SITES
Journal of Commerce Staff |
The Teamsters Union is shrinking a strike against Pony Express Courier Corp. to two locations from a
DOLLAR DECLINES VS. MARK, HOLDS STEADY AGAINST YEN
Jon Hilsenrath |
The U.S. dollar fell against the deutsche mark Wednesday but was little changed against the Japanese
TRANSPORT BRIEFS
From Wire and Staff Reports |
VIETNAM, US TO OPEN COMMERCIAL AIR SERVICEHANOI, Vietnam - Vietnam and the United States hav
STUDY: US INCREASES ITS COMPETITIVE EDGE
Richard Lawrence |
The United States is widening its lead as the world's most competitive economy, despite its near-rec
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
AT LEAST 3 DIE IN BLAST AT UKRAINIAN REFINERYKIEV, Ukraine - At least three people were kill
ENRON CORP. TO CREATE POWER PROJECTS COMPANY
Houston Chronicle |
Enron Corp. plans to create a separately traded public company that would hold most of its completed
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