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SRI LANKA FREEZES FOREIGN DEALS FOR REVIEWS, POSSIBLE REVISIONS
N. Vasuki Rao |
The new Sri Lankan government has frozen hundreds of millions of dollars in contracts with foreign c
Maritime
TIANJIN EXPANDING TANKER BERTHS TO EASE DELIVERY OF JET FUEL
P.T. Bangsberg |
An expansion program will allow the Port of Tianjin in northeastern China to accommodate oil tankers
Maritime
INDONESIA NEARLY COVERS DISTILLATE REQUIREMENTS
Knight-Ridder Financial |
Indonesia has almost covered its distillate fuel requirements for September delivery, traders said.<
RUSSIA, TURKEY SEEK TO INCREASE OIL, GAS ROLES IN KAZAKHSTAN
Knight-Ridder Financial |
Russia and Turkey are looking to step up their involvement in the exploitation of Kazakhstan's oil a
WESTINGHOUSE AND CHINA SIGN $140 MILLION DEAL
Associated Press |
Westinghouse Electric Corp. agreed to sell China two steam-turbine generators and related equipment
COALITION ASKS NC GOVERNOR TO HALT NUCLEAR SHIPMENTS
Associated Press |
An environmental coalition is calling on Gov. Jim Hunt to keep the federal government from shipping
TRANSPORT BRIEFS
From Wire and Staff Reports |
RAIL INDUSTRY DRUG USE DECLINING, TESTS SHOWWASHINGTON - Random drug testing in the
VIEWS SPLIT ON DOLE'S CALL TO DELAY GATT VOTE
John Maggs |
Senate Republican leader Bob Dole, nemesis of President Clinton's hopes for health care reform, has
HANJIN TO ENTER N. ATLANTIC TRADE BEGINNING JAN. 1
Bill Mongelluzzo |
Hanjin Shipping Co. announced Tuesday that it will enter the North Atlantic trade on Jan. 1 in partn
Container lines
MARITIME BRIEFS
From Wire and Staff Reports |
H.C. JACKSON TO CHAIR GEORGIA PORTS BOARDSAVANNAH, Ga. - Harry C. Jackson was electe
Maritime
CONOCO ELIMINATES 194 JOBS IN REFINING, MARKETING UNITS
Houston Chronicle |
Conoco will lay off 194 employees nationwide in its refining and marketing business as part of the c
ENERGY BRIEFS
From Wire and Staff Reports |
BP DISCOVERS GAS FIELD IN COLOMBIA FOOTHILLSLONDON - British Petroleum has discovere
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 30, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
COST OF CREDIT
JOC Staff |
Tuesday, Aug. 30, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
US DOLLAR DECLINES AS RALLY ATTEMPT FAILS
Michael Duvally |
The U.S. dollar was mostly lower Tuesday after an early rally attempt failed. Dealers said t
CHINA MOVES TO STRENGTHEN POWER FOR AUDITING AGENCIES
P.T. Bangsberg |
Having recently launched a highly publicized crackdown on firms and officials falsifying economic fi
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +18.758/24 106.48/25 106.48/
FINANCING TRADE - GORDON PLATT EUROPEAN COMPANIES CUT BACK ON NUMBER OF BANKS THEY USE
Gordon Platt |
The largest companies across Europe are cutting back on the number of banks they use and are getting
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
JAPANESE IMPORT PATTERNS SHIFTING AS ECONOMY SAGS AND YEN RISES
Mark Magnier |
Japan, which has had a longstanding national strategy of importing raw materials and exporting finis
BALTIC FREIGHT INDEX
JOC Staff |
1446 (Aug. 30, 1994) Previous day - 1456 The Baltic International Freight Futures Market in
Maritime
2 LINES SET TO LAUNCH FINAL VOYAGE IN DISAPPOINTING CRUISE VENTURES
Reuters |
Less than a year after launching cruise divisions targeting specific demographic groups, two major U
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
COCOA CROP IS SAFE, COTE D'IVOIRE SAYSABIDJAN, Cote d'Ivoire - The shortage of rain
NEW COMPANIES JUMP ON BERMUDA BANDWAGON
HELEN MacLEOD |
Property and casualty reinsurers may well find their most significant colleagues in Monte Carlo this
ROCKET SHIPPING PLAN DIES
David Beasley |
Coal. Logs. Fertilizer. Booster rockets. It was to have been the most exotic, high-tech prod
MARITIME BRIEFS
From Wire and Staff Reports |
PORT EVERGLADES WORKS ON DAMAGED BERTHHOLLYWOOD, Fla. - A contractor was working Tue
Maritime
COAST GUARD SUPPORTS BARGE-MANNING CHANGE
Alan Abrams |
Manning requirements on barge tows like the one that hit an Alabama railroad bridge last year at a c
PEOPLE - MARITIME
From Wire and Staff Reports |
INTERNATIONAL SHIP REPAIR & MARINE SERVICES INC. (Tampa, Fla.) - James D. Braukman was named vice pr
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 30, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
CAT NAP: TRADING IS STILL SLEEPY IN CATASTROPHE REINSURANCE OPTIONS
John Boyd |
The looks of it can both tell the story and fool you. Clearly, this restful corner of the Ch
LA CHAMBER SLAMS COST OF FEDERAL CLEAN AIR RULES
Bill Mongelluzzo |
Proposed federal clean air restrictions scheduled to take effect in February 1995 would result in th
ENVIRONMENT KEY ISSUE IN ECONOMIC GROWTH
David Beasley |
The 12th annual Tennessee-Tombigbee Waterway Development Opportunities Conference, scheduled to open
"FAX ON DEMAND' BECOMES AN IMPORTANT SELLING TOOL
David Beasley |
Industrial prospects can spend a few days cruising up and down the Tenn-Tom Waterway, looking for a
PUBLISHER'S NOTEBOOK
Don C. Becker |
Some people believe that a good manager can manage anything. I agree. There are lots of good example
SPOT COMMODITIES
JOC Staff |
Aug. 30, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
VLCCS A DYING BREED? EXPERTS SAY NO
Arthur Gottschalk |
Rain or shine, they plow through the world's oceans at a steady 12 to 15 knots, huge ships covering
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
ALEXANDER & ALEXANDER SERVICES INC. (New York) - Albert A. Skwiertz Jr., a vice president at the ins
REINSURANCE OFFICIAL: GLOBALIZATION GROWING
Interview by Margo Beller, Journal of Commerce Staff. |
Franklin W. Nutter has been associated with the Reinsurance Association of America, Washington, D.C.
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 231.99 up 1.11 whi
REPORT URGES PORT OF MONTREAL TO DOWNSIZE, FIX LABOR RELATIONS
Leo Ryan |
The Port of Montreal needs to improve labor relations and pare down its waterfront work force to com
Maritime
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