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FREIGHT RATE FUTURES
JOC Staff |
July 21, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ORIMULSION PACT MAY AID FLA. UTILITY'S BID FOR RATE BOOST
Tony Mercandetti |
A unique air cleaning arrangement between fuel supplier Bitor America and Florida Power & Light coul
RUSSIAN OIL RESTRICTIONS IMPERIL FOREIGN INVESTMENT
Reuters |
Russian restrictions on oil exports from Kazakhstan have thrown in doubt billions of dollars in fore
INDUSTRIAL PRICES HIT 1994 HIGH, BUT JOFC INDEX SEEN AT PEAK
Howard Simon |
Plywood, crude oil and other industrial materials have provided temporary signs of inflation, pushin
STRIKE BY RUSSIAN SAILORS POINTS UP OLD PROBLEMS
Tim Shorrock |
A recent strike by 24 Russian sailors on a Greek vessel docked in New Jersey is considered more than
PACIFICAIR LAUNCHES CORVALLIS, ORE., SERVICE
Journal of Commerce Staff |
Pacificair of Oregon Inc. this week began service between Portland International Airport and Corvall
INEPTNESS, COMPETITION MAY IMPERIL MEXICANA
John M. Nagel |
A long history of mismanagement, together with increased competition from foreign carriers, may forc
QUOTE TO NOTE ON LEGISLATION TO RATIFY GATT AGREEMENT:
_ Sen. Bob Packwood (D-Ore). Speaking at a Senate Finance |
"Up until this moment, I have never met a trade bill I didn't like . . . This is a bill that I would
Maritime
DESPITE FLOODING, COTTON PRODUCTION BUOYANT, USDA SAYS
Kimberly A.C. Wilson |
The 1994 cotton crop is progressing well despite recent flooding in Georgia and Alabama, and prices
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 21, 1994 Quotations are based on prices reported in the market or obtained from s
VENEZUELA, CARICOM RESOLVE DISPUTE AND LOOK TO FORMATION OF TRADE BLOC
Canute James |
Venezuela and the Caribbean Community (Caricom) have resolved a diplomatic dispute that threatened t
Maritime
MEXICO, IN BEEF WITH US, LEVIES CHARGES OF DUMPING
Janet Day |
Mexico broke ranks from the world's top beef-producing countries this week to accuse the United Stat
Maritime
SEA-LAND PICKS CASCO TERMINAL IN VANCOUVER FOR BOX SERVICE
Journal of Commerce Staff |
Starting July 31, Sea-Land Service Inc. will use the Centennial Pier Terminal in Vancouver, British
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
AUG. 1 START PROPOSED FOR CANADA WHEAT CURBSWASHINGTON - The U.S. Department of Agri
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
HOUSE APPROVES BILL AIMED AT REDLININGWASHINGTON - Consumers upset with redlining by
BALTIC FREIGHT INDEX
JOC Staff |
1433 (July 21, 1994) Previous day - 1429 The Baltic International Freight Futures Market in
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
NEW ENGLAND POOL BUYS EMERGENCY POWERBOSTON - The New England Power Pool (Nepool) ma
ILA UNIT FOCUSES EFFORTS ON 4 S. ATLANTIC, GULF PORTS
George F.W. Telfer |
The International Longshoremen's Association's South Atlantic and Gulf Coast District is concentrati
Maritime
TOW TRAFFIC RESUMES AS SANDBAR IS CLEARED
Peter M. Tirschwell |
A sandbar in the upper Mississippi river that had stalled barge traffic Wednesday was cleared by the
Maritime
INDIA DESIGNATES DELHI AS AIR CARGO "GATEWAY'
N. Vasuki Rao |
Hoping to ease congestion at Bombay, customs authorities have designated New Delhi's Indira Gandhi I
CHINA TO LIMIT WHO INVESTS IN FINANCIALS
Reuters |
China announced on Thursday new controls on investment in its financial institutions, banning foreig
COST OF CREDIT
JOC Staff |
Thursday, July 21, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
GUYANESE TAKE TO AUDIOTEXT, LIFTING PHONE COMPANY PROFIT
Associated Press |
Use of Guyana Telephone and Telegraph Ltd.'s audiotext service has more than tripled, which has help
SHORTAGES EXPECTED TO FORCE OPENING OF N.KOREA ECONOMY
P.T. Bangsberg |
The new regime in North Korea will be forced to open up its economy to more outside influence by she
SAN DIEGO OFFICIAL NAMED TO NAFTA BORDER PANEL
Rod Riggs |
President Clinton appointed a San Diego water official with long binational experience to the board
Maritime
RUSSIA'S NON-COMMONWEALTH TRADE RISES 7.8 PERCENT
Knight-Ridder Financial News |
Russia has announced the volume of its foreign trade with nations outside of the Commonwealth of Ind
Maritime
SANTER WINS ENDORSEMENT OF EU PARLIAMENT IN CLOSE VOTE
Bruce Barnard |
The European Parliament voted by a narrow margin Thursday for Luxembourg's prime minister, Jacques S
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
FLOODING DAMAGES CROPS IN 3 CHINESE PROVINCESHONG KONG - Recent flooding in three pr
TRADE BRIEFS
From Wire and Staff Reports |
US AND NORTH KOREA AGREE TO RESUME TALKSWASHINGTON - U.S. and North Korean diplomats
Maritime
HOUSE JUDICIARY TO WEIGH CHANGES IN ANTITRUST RULES
Janet Aschkenasy |
Legislation to alter the 49-year-old statute allowing insurers to share rate- making information wit
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
SEA-LAND EXPECTS OOCL TO PAY STOWAWAY COSTS
Michael S. Lelyveld |
As costs of its stowaway cases continue to climb, an official of Sea-Land Service Inc. said this wee
Maritime
US WEIGHS WITHDRAWING FROM UK AVIATION ACCORD
Lisa Burgess |
Increasingly frustrated by the U.K.'s refusal to open up London's Heathrow International Airport to
CP RAIL, CN EACH WEIGH PURCHASE OF THE OTHER
Leo Ryan |
Canada's railway restructuring took a dramatic twist Thursday as the two major carriers openly consi
ICC'S FATE IS IN HANDS OF HOUSE-SENATE PANEL
Stephanie Nall |
The future of the Interstate Commerce Commission is now in the hands of a House-Senate conference co
DOLLAR RISES ON STATEMENT OF SUPPORT BY US TREASURY
Regina Schleiger |
The U.S. dollar rose sharply against the deutsche mark Thursday on U.S. Treasury statements that it
BELGIAN MARKET PROMISING FOR US APPAREL EXPORTERS
Robin Bulman |
As Belgium's economy continues to improve, apparel sales are expected to grow steadily,creating new
Maritime
FRITZ JOINS WITH SWIFT FOR MIDDLE EAST SERVICE
Journal of Commerce Staff |
Fritz Cos. has joined forces with Swift Freight International of the United Arab Emirates to enhance
Maritime
LAWMAKERS SUGGEST HEALTH LOTTERY TO SELECT UNINSURED SENATORS
Reuters |
Two senators said that if Congress passes health reform that covers only 95 percent of Americans, th
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