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LATIN AMERICA LAUDS FREE MARKETS AT SUMMIT
Michael Stott |
Latin American leaders have aggressively affirmed their faith in free markets at a summit meeting he
Maritime
GASOLINE PRICES
JOC Staff |
June 16, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SEA LAW - PETER D. CLARK COURT PLACES PORTION OF BOX-WEIGHT BURDEN ON CONSIGNEES
Peter D. Clark |
The Carriage of Goods By Sea Act (Cogsa) provides that every bill of lading contract for the carriag
Maritime
JOURNAL OF COMMERCE - FAST FACTS THE PERFECT GIFT FOR FATHER'S DAY
Global Trade Information, Columbia, S.C. |
No text.
US PREPARES TO RETALIATE FOR CANADA'S FISHING FEE
WILLIAM DiBENEDETTO |
U.S. lawmakers this week took a first step toward retaliating against Canada for imposing a fee on U
ITALIAN FIRM TO BUILD AND OPERATE COAL TERMINAL IN LAZARO CARDENAS
Kevin G. Hall |
An Italian firm has been awarded a 30-year contract by Mexico's state-owned power company to build a
Maritime
DOCKERS' STRIKE IMPERILS FUTURE OF LE HAVRE
Tara Patel |
The future of Le Havre as a major containerport in Europe is in doubt after port administrators told
NORILSK NICKEL TO SELL SHARES AT PRIVATIZATION AUCTIONS
Grigori Gerenstein |
Norilsk Nickel, the largest Russian nickel producer, will dispose of 12 percent of its shares at pri
AIR L.A., MEXICANA SIGN MARKETING DEAL
JOC Staff |
Air L.A. Inc. and Mexicana Airlines have announced a new marketing agreement, coordinating 36 flight
SENATE DEMOCRATS PROPOSE SANCTIONS AGAINST CHINESE
John Maggs |
President Clinton, already bedeviled by strife among congressional Democrats on health-care reform,
Maritime
MALAYSIA TO RESUME STRAITS OIL SEARCH
Knight-Ridder Financial |
Malaysia remains interested in exploring for oil on its side of the Straits of Malacca, despite the
INSURER WANTS EXCLUSION FROM LIABILITY IN DEATHS
Associated Press |
A Chicago insurance company says it should be excluded from any liability claim in the deaths of two
CHINA PROTESTS VIETNAMESE EXPLORATION
Knight-Ridder Financial |
China has protested Vietnam's exploration of a contested Spratly Islands site in the South China Sea
RADIO OFFICERS, APL REACH PACT, AVERTING STRIKE
Tim Shorrock |
American President Lines Ltd. averted a threatened strike by radio officers working on its U.S.-flag
CHICAGO & NORTH WESTERN TO EXPAND COAL LINE
Lawrence H Kaufman |
Rising utility demand for low-sulfur coal from the Powder River Basin of Wyoming has triggered a $45
SWISS TRADE SURPLUS AT $146.8 MILLION
Knight-Ridder Financial |
The government posted a provisional trade surplus of 202.6 million Swiss francs ($146.8 million) in
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 16, 1994Brent Crude Oil - (Dollars Per Barrel)
BURNED INTO OUR MEMORIES
JOC Staff |
No text.
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SEA-LAND PLANS STOPS AT COLOMBIAN PORTLIBERTY CORNER, N.J. - Sea-Land Service Inc. s
Maritime
HIGH YEN FINALLY STARTS TO BITE INTO JAPANESE TRADE SURPLUS
Jeff Stearns |
Japan's customs-cleared trade surplus tumbled in May, snapping a five-month uptrend, due to the stro
Maritime
STATE FARM SETTLES SUIT ON REPLACEMENT PARTS
From Wire and Staff Reports |
Although State Farm Group has proposed a settlement of an Illinois class- action lawsuit on the use
RLI: 75 PERCENT OF CLAIMS FROM QUAKE PAID
Journal of Commerce Staff |
RLI Corp. has paid 75 percent of its residential earthquake claims from the Jan. 17 Northridge, Cali
INFLATION TARGET STILL 3.5 PERCENT IN SPAIN
Knight-Ridder Financial |
The Spanish government has not changed its target of lowering inflation to 3.5 percent by the end of
IMPORT LEADS
JOC Staff |
SEWING ARTICLES Needles. Contact: China Shenzhen Arts & Crafts Import & Export Co., Baofeng
Maritime
PORTS FEAR DOWNGRADE IN STATUS OFFICIALS EYE SHIFT TO 24-HOUR SERVICE
Journal of Commerce Staff |
As factories shift to Southeast Asia, the yen continues its surge and Japan's economy matures, major
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
RUSSIAN FARMERS TO SOW FEWER ACRES THIS YEARMOSCOW - Russian farmers, currently roun
MARITIME-TRADE CONFLICTS SLOW ALASKA OIL DECISION
Tim Sansbury |
President Clinton on Thursday said conflicts between trade and maritime policy must be ironed out be
JOFC PRICE INDEX CONTINUES TO CLIMB
Journal of Commerce Staff |
Cotton, aluminum and crude oil pushed The Journal of Commerce Industrial Price Indexto another 1994
N. KOREA OFFERS PLUTONIUM FREEZE FOR NUCLEAR PLANT AID, ANALYST SAYS
Tim Shorrock |
North Korea has proposed freezing its controversial plutonium-production program if the United State
Maritime
WILLIAMS PIPE LINE CO. RESTORES US GULF COAST GASOLINE SHIPMENTS
Keith Sawyer |
Williams Pipe Line Co. has restored gasoline shipments from the U.S. Gulf Coast off Explorer pipelin
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 16, 1994 Prev. Life of Contr. OpenOpen High
MARITIME GROUP TO FIGHT PLAN TO RAISE VESSEL-TONNAGE TAX
Tim Sansbury |
The National Association of Maritime Organizations is throwing its weight against the Clinton admini
Maritime
LA'S REDUCTION IN WHARFAGE RATES ANGERS RIVAL PORTS MOVE MAY BOOST MATSON'S VOLUME IN COASTAL RUN
Bill Mongelluzzo |
The Port of Los Angeles is putting itself at odds with other California ports over a new West Coast
Maritime
CHINA'S COTTON OUTPUT LIKELY TO RISE BUT NOT ENOUGH TO MEET DEMAND
Reuters |
China's production of cotton will rise this year, but the country will still need significant import
CHINA'S REGULATORS CLAMPING DOWN ON FUTURES MARKETS TO CUT INFLATION
Reuters |
China's top securities regulator warned that the blind development of futures markets is threatening
EX-CBT CHAIRMAN BLOCKED IN EFFORT TO REJOIN EXCHANGE
WILLIAM B. CRAWFORD Jr. |
Karsten "Cash" Mahlmann, the controversial former Chicago Board of Trade chairman who abruptly resig
PEOPLE TRANSPORT
Wire and Staff Reports |
CAROLINA FREIGHT CORP. (Cherryville, N.C.) - Scott Harrison was promoted from director ofmarket rese
NEGOTIATORS TO ATTEMPT TO JUMP-START STEEL TALKS
John Zarocostas |
Negotiators from more than 30 nations will resume talks next week in Geneva on liberalizing global t
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 16, 1994 Quotations are based on prices reported in the market or obtained from s
IATA: PROFITS MAY RETURN FOR AIRLINES THIS YEAR
Reuters |
The world's airlines, reeling from four consecutive years of losses, may be heading for a small prof
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