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UK P&I CLUB REPORTS RISE OF $81 MILLION IN ASSETS
Special to The Journal of Commerce |
The West of England protection and indemnity club has reported a significant strengthening in its fi
CONGRESS OKS AID FOR JORDAN, RWANDA
Reuters |
The Senate approved and sent to President Clinton Wednesday a $13.8 billion foreign operations bill
SPOT COMMODITIES
JOC Staff |
Aug. 10, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
COAST GUARD MEASURES OIL LEFT IN BARGE THAT SANK IN 1942
Reuters |
The Coast Guard and contract divers began measuring the amount of fuel oil that remains in a barge t
Maritime
OOCL ALTERS ITS MANAGEMENT TIER
P.T. Bangsberg |
In what it calls a strategy to get closer to customers, Orient Overseas Container Line Ltd. is reshu
Maritime
TRANSPORT CALENDAR
JOC Staff |
Mailcom. Aug. 16-18. Fall conference of the Mail Systems Management Association. Chicago HyattRegenc
COCAINE WORTH $62 MILLION SEIZED FROM TRUCK IN CALIF.
Journal of Commerce Staff |
More than 170 blocks of cocaine with an estimated street value of $62 million were seized over the w
FREEZE IN BRAZIL DRAINS COFFEE STOCKS IN US
Howard Simon |
A frost in Brazil that damaged the coffee crop has created unseasonably strong demand, forcing U.S.
US STEPS UP ITS EFFORTS VS. MOTOR FUEL TAX CHEATS
William L. Roberts |
Federal officials told a congressional panel Wednesday the United States is cracking down on fuel ta
SANTA FE ORDERS 75 LOCOMOTIVES TO MEET TRAFFIC DEMANDS
Journal of Commerce Staff |
Atchison, Topeka & Santa Fe Railway will take delivery of 50 locomotives in September and October, d
ENERGY BRIEFS
Wire and Staff Reports |
OILMAN CLAIMS VICTORY IN COLORADO PRIMARYDENVER - Millionaire oilman Bruce Benson cl
DUMPING DISPUTES FAIL TO QUASH MEXICO'S HOPES FOR US TRADE
Kevin Hall |
Despite growing trade problems that have resulted in compensatory penalties on both sides of the Rio
Maritime
EXXON TO MAKE CREDIT CHANGES
Reuters |
Exxon Co. USA said it will introduce "cash and credit at the same price" at participating gasoline s
WHOLESALE PRICES UP IN THAILAND
Knight-Ridder Financial |
Thai wholesale prices in July were 0.2 percent higher than in June, and 3.1 percent higher than in J
CASINOS IN NEW ORLEANS PORT INCREASE RISKS, REPORT SAYS
George F.W. Telfer |
The addition of floating casinos carrying thousands of people in the Port of New Orleans and elsewhe
Maritime
ANSETT AIRLINES POISED TO BATTLE QANTAS FOR ASIAN BUSINESS
Reuters |
Ansett Airlines, perched comfortably as Australia's most popular domestic carrier, is set to spread
US SEAWAY CHIEF RULES OUT DEAL WITH CANADA TO RAISE SHIP TOLLS
John Boyd |
The head of the U.S. Saint Lawrence Seaway Development Corp. has flatly ruled out any deal in upcomi
CLINTON PRESSES EXECUTIVES FOR SUPPORT ON FAST TRACK
John Maggs |
President Clinton made a powerful plea to business leaders for moving forward with new trade agreeme
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeAug. 10, 1994 Brent Crude Oil - (Dollars Per Barrel)
INSURANCE BRIEFS
From Wire and Staff Reports |
AGENTS LAUD US HOUSE FOR CROP INSURANCE BILLThe president of the Independent Insurance Agent
SINGAPORE TRADERS SEE FUEL PRICE SLIDE
Knight-Ridder Financial |
Fuel oil prices from early September are expected to remain firm, but traders see prices sliding for
TRADE BRIEFS
From Wire and Staff Reports |
RUSSIA TARIFF-CUT PLAN EXPECTED BY SEPTEMBERRussia will have a plan ready by September to tr
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
TRADING WITH FINLAND FINLAND'S PLAN TO JOIN EU OPENS DOORS FOR US FIRMS
K. Buck Wolf |
The European Union may gain its first-ever common frontier with Russia next year thanksto Finland.
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
OKLA. PIPELINE FIRMS, UTILITIES JOIN TAX FIGHTOKLAHOMA CITY - The state's biggest ut
STATE FARM CUTS PAYMENTS TO VICTIMS OF ANDREW
Associated Press |
State Farm is cutting payments to victims of Hurricane Andrew on the storm's second anniversary.
GRAIN OUTPUT INCREASES 7 PERCENT IN 10 NATIONS
Knight-Ridder Financial |
Total 1993 grain production rose 7 percent over 1992 in the 10 nations of Central and Eastern Europe
JAPAN SHIPBUILDERS SEEK STEEL DEALS TO COMPETE
Mark Magnier |
In a bid to lower costs and better compete against Korean shipyards, major Japanese shipbuilders are
Maritime
HECNY OPENS UNIT AT MIAMI INTERNATIONAL
Journal of Commerce Staff |
Hecny Group has opened a 30,000-square-foot cargo terminal at Miami International Airport. I
GRAIN, COAL INTERESTS STALL SHIP REFORM BILL
Stephanie Nall |
Grain and coal interests worried about the effect that a proposed hike in ship taxes could have on i
AIR CANADA REPORTS INCREASE IN SECOND-QUARTER EARNINGS
Journal of Commerce Staff |
Air Canada Wednesday announced consolidated second-quarter earnings of C$27 million (US$20 million),
SEATTLE APPROVES LEASE FOR TRUCK FUELING SITE
WILLIAM DiBENEDETTO |
Truckers coming into the Port of Seattle soon will have access to an automated fueling facility loca
EGYPT DISCUSSES POTENTIAL FOR GAS EXPORTS TO ISRAEL
Knight-Ridder Financial |
Egyptian Oil Minister Hamdi al-Banbi arrived in Israel Wednesday for a meeting with Israeli counterp
OKLAHOMA MAY CUT LIMITS ON PRODUCTION OF NATURAL GAS
Knight-Ridder Financial |
Ben Jackson, the Oklahoma Corporation Commission's (OCC) staff conservation attorney, has proposed c
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
GOLDMAN, SACHS TRADES IN SHANGHAI B SHARES
Journal of Commerce Staff |
Goldman, Sachs & Co. of New York began direct B-share trading on the Shanghai stock exchange after b
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
TOYOTA TO BUY GLASS FROM US' GUARDIANTOKYO - Toyota Motor Corp. said it has begun to
Maritime
CANADIAN FIRM EXPECTS TO SECURE HYDROPOWER PROJECTS IN INDIA
From Wire Reports |
Canadian Hydro Developers said it is preparing to seal several power project deals in India.
VT. UTILITY DELAYS WORK FOR DAM DISCUSSIONS
Associated Press |
Citizens Utilities Co. has suspended work on a failed Clyde River dam while it attempts to reach an
LLOYD'S TAKES MORE MEASURES TO INCREASE EFFICIENCY, PROTECTION
HELEN MacLEOD |
Lloyd's of London announced measures that aim to tighten efficiency in the running of insurance plan
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