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ENERGY BRIEFS
From Wire and Staff Reports |
CANADIAN PIPELINE FIRM MOVES UP PROJECTNEW YORK - Canadian natural-gas pipeline firm
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 8, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
GERMAN FIRM EXPECTS ANOTHER MASSIVE LOSS
Reuters |
Germany's Metallgesellschaft AG, rescued from near bankruptcy in January, said Friday it expects ano
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TOP LOG, LUMBER EXPORTS FROM US
The Journal of Commerce from database of Port Import/Export |
These log and lumber movements were the largest recorded from port documents, during the two weeks e
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
MEXICO WAL-MART CLOSING SEEN AS MESSAGE TO IMPORTERS
Kevin G. Hall |
A decision by Mexican commerce officials to temporarily shut down a high- profile Wal-Mart store in
COST OF CREDIT
JOC Staff |
Friday, July 8, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CDC REPORT BOOSTS CLINTON IN CALL FOR CIGARETTE TAX
Reuters |
In a report that could bolster the Clinton administration's push for higher cigarette taxes, a feder
CATASTROPHES COST INSURERS $1.08 BILLION IN 2ND QUARTER
Journal of Commerce Staff |
Ten catastrophes that created $1.08 billion in insured damages were recorded in the second quarter o
MARITIME GIANT REMEMBERED AS MAN OF HONOR
Brian Johns |
Crusty. Intelligent. Honest. These are the constant refrains of those who honor the memory o
SPOT COMMODITIES
JOC Staff |
July 7, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
VENEZUELANS SEE FIXED EXCHANGE RATE PRODUCING IMPORT SHORTAGE
Mary Matheson |
The Venezuelan government's introduction of a single fixed foreign-exchange rate will stabilize the
DOLLAR DECLINES AMID DOUBTS THE G-7 WILL COME TO ITS AID
Michael Duvally |
The U.S. dollar declined in thin trading Thursday as the Bundesbank left key interest rates unchange
MARINETTE WINS COAST GUARD CONTRACT
Associated Press |
Marinette Marine Corp. plans to beef up its work force to handle a $26.9 million contract to build a
Maritime
CGM RENEWS CONTROL OF BANANA SHIPMENTS
Tara Patel |
Compagnie Generale Maritime, the French state-owned shipping company, this week renewed its monopoly
Maritime
EXPEDITORS ENTERS JOINT VENTURE IN CHINA
Journal of Commerce Staff |
Expeditors International of Washington Inc., the air and ocean freight forwarder, is expanding into
EXXON SAYS SOME CLAIMS "EXAGGERATED'
Associated Press |
A dozen Native corporations and coastal communities asked a state jury this week for more than $86 m
Maritime
NY-NJ AGENCY APPOINTS CAGGIANO DEPUTY DIRECTOR
Journal of Commerce Staff |
Frank N. Caggiano was appointed deputy director of the port department of the Port Authority of New
Maritime
RAILS EXPECTED TO POST STRONG 2ND QUARTER
Lawrence H Kaufman |
Surging coal traffic and a good recovery from the severe winter will lead to strong second-quarter e
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
NON-ENERGY EXPORTS RISE IN INDONESIA
Knight-Ridder Financial |
Indonesia's exports, other than oil and gas, reached $3.134 billion in April, up 8.95 percent from a
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
CARICOM TO CONTINUE QUEST FOR PARITY WHILE PURSUING NAFTA
Canute James |
Caribbean countries do not expect to be brought into the North American Free Trade Agreement any tim
Maritime
SHIPOWNERS PUT OFF REPAIRS FOR RATE SAVING, GROUP SAYS
Janet Porter |
Marine underwriters suspect that some shipowners are attempting to keep down the cost of insuring th
COAST GUARD ACTS TO REASSURE BOND COMPANIES ON COFR AGENCY PROMOTES ALTERNATIVE PLANS
Alan Abrams |
With only two insurers having surfaced to provide financial-responsibility insurance for shipowners,
Maritime
US, EU COLLIDE OVER SUBSIDIES FOR AVIATION
John Zarocostas |
The European Union on Thursday warned it would be tit-for-tat if the United States continues to shar
TAA CHALLENGER FAILS
Peter M. Tirschwell |
In a now-familiar story on the North Atlantic, an independent shipping line that had started to chal
INDONESIA TO LIBERALIZE AIRPORT CONSTRUCTION
P.T. Bangsberg |
Foreign as well as Indonesian companies will be invited to build or expandairports in a prog
TRANSPORT BRIEFS
From Wire and Staff Reports |
RYDER'S UK UNIT BUYS TRUCK-LEASING FIRMIntent on growth, Ryder System Inc.'s U.K. subsidiary
CHINA URGED TO RETHINK STRATEGY AS PORT DEVELOPMENT SPEEDS AHEAD
P.T. Bangsberg |
Southern China's breakneck pace of trade growth is prompting officials to lavish huge amounts on por
Maritime
NJ DEALERS SAY EXXON IS SQUEEZING THEM DRY
Arthur Gottschalk |
A group of gasoline dealers in New Jersey is charging that Exxon Co. USA is trying to force the deal
ENERGY BRIEFS
From Wire and Staff Reports |
COAL MINE EXPLOSION KILLS 12 IN KAZAKHSTANMOSCOW - At least 12 workers were killed T
MARITIME PIONEER THOMAS CROWLEY DIES AT 79
Allen R. Wastler |
Thomas B. Crowley Sr., head of a $1 billion shipping empire and a leading figure in themaritime comm
WICKED WEATHER HAMPERS TRANSPORT
From Wire and Staff Reports |
Rain and scorching summer heat battered shippers and transportation companies this week asthe remnan
ELECTIONS REPLACE SOCCER AS CHIEF MEXICAN CONCERN
John M. Nagel |
Mexico's elimination this week from the 1994 World Cup soccer competition has shifted the nation's f
ITALIAN PRIME MINISTER UNFAZED BY WEAK DOLLAR
John Maggs |
Hopes that a dollar rescue package may emerge from the Group of 7 summit here this weekend were deal
Maritime
EXPORT ABCS - HENRY A. SAMUEL SUBSIDIARY OR DISTRIBUTORSHIP? IN EU, KEY DATA EASE CHOICE
Henry A. Samuel |
In choosing a sales organization overseas, the exporter must weigh the desire for salesvolume agains
Maritime
WIRE MAKERS' MERGER POSED TOUGH CHOICE FOR PANEL
Journal of Commerce Staff |
For Mexico's Federal Competition Commission, few anti-competition cases were as difficult as that of
Maritime
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