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AUSTRALIA AND INDONESIA FORGE ALLIANCE ON SHIPBUILDING
P.T. Bangsberg |
Two of the smaller fry among Asian shipbuilders, Australia and Indonesia, intend to join forces for
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
PHILIPPINES SEEKS TO CLEAR AWAY OBSTACLES TO PETROCHEMICAL INDUSTRY
P.T. Bangsberg |
Fresh efforts are being made in the Philippines to create a petrochemical industry, a desire frustra
MEXICAN WAREHOUSE FIRM WILL REOPEN HOUSTON OFFICE
Gregory S. Johnson |
Attempting to lure a bigger share of the growing cross-border trade, Mexico's largest public warehou
PHILIPPINE SUPREME COURT UPHOLDS UNPOPULAR NEW VALUE-ADDED TAX
Rosario Liquicia |
The Philippine Supreme Court on Thursday ruled in favor of a controversial law which will extend val
Maritime
CYBO ROBOTS GETS FUNDS FROM MARAD
Journal of Commerce Staff |
The Maritime Administration said it will provide $4.4 million over two years to help fund constructi
Maritime
ORLANDO VENTURE SLATES LATIN AIR CARGO SERVICE
Jerry Jackson |
An Orlando cargo warehouse owner is teaming up with the Greater Orlando Aviation Authority to launch
ENERGY BRIEFS
Wire and Staff Reports |
IRAN, TURKMENISTAN START WORK ON PIPELINENICOSIA, Cyprus - The presidents of Iran an
INSURANCE EARNINGS
From Wire and Staff Reports |
WILLIS CORROON GROUP SEES 1ST-HALF PROFIT FALLLONDON - The insurance broking group W
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Aug. 25, 1994 Prevailing sellers' posted prices at the close of business, represent
BARBADIAN POLITICIANS VOW TO AID BUSINESS
Canute James |
The private business sector in Barbados has been promised a less regulated environment and increased
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +18.448/19 106.38/22 106.18/
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
LEADERS OF CORPORATE AMERICA JOURNEY TO CHINA, HONG KONG
Special to The Journal of Commerce |
Corporate executives accompanying the Secretary of Commerce on his visit to China and HongKong are:<
Maritime
IMPORT LEADS
JOC Staff |
SOLDERING AND WELDING EQUIPMENT Soldering and welding equipment. Contact: Dae Duck Electroni
Maritime
JAPANESE COMPUTER MAKER NEC SEEN BOWING TO RIVAL IBM
Yuko Inoue |
NEC Corp.'s announcement that it may start selling IBM-compatible computer servers in Japan is seen
Maritime
SAMSUNG HEAVY COMMITS $5 BILLION TO CAR PROJECT
Moon Ihlwan |
South Korean business giant Samsung has committed itself to spending $5 billion on a car-making proj
Maritime
SUIT WOULD MAKE CALIF. CITIES RETURN $150 MILLION TO PORTS ATTORNEY DIDN'T CONSULT WITH INDUSTRY
Bill Mongelluzzo |
A class-action lawsuit was filed this week in state court seeking to force California cities to retu
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ALUMINUM PRODUCTION DECREASES IN EUROPELONDON - European primary aluminum production
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 25, 1994 Quotations are based on prices reported in the market or obtained from s
INDIA'S OUTPUT OF ALUMINUM CLIMBS SLIGHTLY
Knight-Ridder Financial |
India's four aluminum companies produced 148,656 tons of metal in the first four months of fiscal 19
TRANSPORT PROJECTS GET MORE FUNDS
Journal of Commerce Staff |
Four states have received the lion's share of the Federal Highway Administration's annual redistribu
MATTEL TO EXPAND US, MEXICO WAREHOUSES
Kevin G. Hall |
The acquisition of Fisher Price and the general increase in north-south business has Mattel Toys exp
IMPORT ABCS - DONALD L. FISCHER, ESQ. DETERMINING THE DUTIABILITY OF LICENSE AND ROYALTY FEES
Donald L. Fischer, Esq. |
Importers often inquire whether a "license" or "royalty fee" paid to a vendor becomespart of the dut
Maritime
FMC RATE FILING FEE A "DISASTER,' CARRIERS SAY
Tim Shorrock |
A Federal Maritime Commission proposal to make ocean carriers pay a fee for filing freight rates wit
JOURNAL OF COMMERCE - FAST FACTS AVERAGE ADJUSTED TRUCK TONNAGE INDEX
American Trucking Assocs. |
No text.
FMC COLLECTION OF FEES FOR USE OF RATE DATA COMES UP SHORT
Tim Shorrock |
The Federal Maritime Commission so far has collected $132,000 from companies that download freight r
SHIFT TO TRUCKS PROVES COSTLY FOR GRAIN FARMERS ON SOO LINE
Gregory S. Johnson |
Strikebound grain farmers on the Soo Line are surviving by using trucks to get their produce to mark
BALTIC FREIGHT INDEX
JOC Staff |
1473 (Aug. 25, 1994) Previous day - 1494 The Baltic International Freight Futures Market in
Maritime
ACL AIDS OSLO EXCHANGE'S BID TO BE TOP SHIPPING MARKET LISTING IS SEEN AS MAJOR COUP
Bruce Barnard |
The Oslo Stock Exchange's bid to become the world's premier shipping market is about to take off.
Maritime
CHINA COAL MINE DEATHS RISE STRICTER SAFETY RULES URGED
P.T. Bangsberg |
With coal mining deaths up 73 percent in the first half of this year from last, Chinese officials ar
TRADE BRIEFS
From Wire and Staff Reports |
PIRATED-TAPE SEIZURES FELL IN 1ST 6 MONTHSNEW YORK - The number of seized counterfei
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 25, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
ENERGY BRIEFS
Wire and Staff Reports |
MATSUSHITA REPORTS INCREASE IN PROFITTOKYO - Matsushita Electric Industrial Co., own
INDIA SELECTS AMERICAN COMPANY FOR COAL WASHERY JOINT PROJECTS
N. Vasuki Rao |
An American company is among 14 chosen by state-owned Coal India Ltd. to set up coal washeries in th
DOLLAR DOWN AGAINST MARK AS STOP-LOSS TRIGGERED
MICHAEL DuVALLY |
The U.S. dollar hit the day's low against the deutsche mark in midafternoon trading Thursday after t
PANAMA SPINS OFF CEMENT IN BIG PRIVATIZATION DEAL
Charles W. Thurston |
Panama's privatization program has taken a major step forward with the Aug. 19 sale of95 percent of
AMERICAN GENERAL AWAITS RULING ON UNITRIN STOCK PLAN
Janet Aschkenasy |
American General Corp. hopes to get a ruling before the weekend, as to whether the company it's seek
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
LINES MOVE TO SHORE UP MEDITERRANEAN CARGO RATES
Peter M. Tirschwell |
Next week 15 carriers in the U.S.-Mediterranean shipping lanes will introduce a rate-policing progra
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