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RUSSIA REVAMPS AEROFLOT, SELLS SHARES TO WORKERS
Geoff Winestock |
The Russian government has begun selling 49 percent of the shares in Aeroflot Russian International
IMPORT LEADS
JOC Staff |
SCISSORS Scissors. Contact: Art's Stationery Manufacturing Co., 6/F, Blk B.K. Ind. Bldg., 5
Maritime
JAPAN'S MITI TO INSURE TRADE WITH S. AFRICA
Associated Press |
The Ministry of International Trade and Industry (MITI) has decided to insure up to $500 million in
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
MORE BODIES DISCOVERED IN CHINA PLANT COLLAPSERescue workers dragged another 14 bodies from
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
OPEC CRUDE BASKET RISES TO $16.29The price of OPEC's basket of seven crudes rose to
Maritime
BUSINESS GROUPS WANT E. UKRAINE INTEGRATED INTO RUSSIAN ECONOMY
Grigori Gerenstein |
Representatives from Russian and Ukrainian industrialists' and entrepreneurs' unions have called for
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
RUSSIAN DEAL "BLESSING AND CURSE' FOR ROPER
Arthur Gottschalk |
When Roper Industries Inc. last year landed a $350 million deal to supply Russia's natural-gas indus
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 239.38 up 2.10 whi
MAERSK TAKES STAKE IN SOUTHERN CHINA BOXPORT COMPLEX VENTURE AIMS TO EASE HONG KONG TRAFFIC
P.T. Bangsberg |
Denmark's premier shipping line said last week it will take a stake in and become the first customer
Maritime
EPA SUED OVER DECISION NOT TO REQUIRE SEDIMENT TEST
Alice Cantwell |
Environmentalists and fishing groups Monday launched a court challenge to a federal agency's decisio
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
MAINE INSURER TO ENTER JAPANESE MARKETPORTLAND, Maine - UNUM Corp. said Monday that
FLAP BOILING OVER LOBSTER FISHING
Brian Johns |
The seemingly innocuous lobster has become the center of a small tempest. A pair of Universi
LUFTHANSA UNIT TO BUY REGIONAL JETS FROM AVRO
Journal of Commerce Staff |
Lufthansa City- Line Airlines has signed up to purchase three RJ85 Avroliner regional jets from Avro
ENRON IN BID TO ACQUIRE AUSTRALIA'S BRIDGE OIL
Kevin Morrison |
Australia's Bridge Oil Ltd. seems set to fall into the hands of an investment group headed by U.S. n
SMALL FIRMS SAY US LAGS BEHIND OTHERS IN FINANCING EXPORTS
Charles W. Thurston |
Despite its massive resources, the U.S. government's export finance program is struggling to keep up
Maritime
US-MEXICO BORDER AREA LURES JAPANESE INVESTMENT
Kevin Hall |
A recent trade mission of economic development officials representing the San Diego-Tijuana area tha
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of June 17, 1994* Country Category Description
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
GULF PORTS SEEING STRONG VOLUMES OF METALLURGICAL COAL MOVE THROUGH
George F.W. Telfer |
Despite a slow start and uncertainty in world coal markets, Gulf ports and terminal operators stand
ITT HARTFORD TO CUT COMP RATES AN AVERAGE OF 23.3 PERCENT IN TEXAS
From Wire Reports |
Next month ITT Hartford Insurance Group will reduce Texas workers compensation rates an average 23.3
BRITISH COURT TO RULE ON SINGER'S "DIVORCE'
Jude Webber |
Britain's High Court, in a ruling that could rock the multibillion-dollar international music indust
DOLLAR DROPS DESPITE THREAT OF INTERVENTION BY CENTRAL BANK
Michael Duvally |
The U.S. dollar extended its recent slide Monday, with dealers on notice for possible central bank i
BALTIC FREIGHT INDEX
JOC Staff |
1311 (June 20, 1994) Previous day - 1311 The Baltic International Freight Futures Market in
Maritime
PORT EVERGLADES GIVES A BREAK TO ELLER & CO.
Journal of Commerce Staff |
Eller & Co., a Fort Lauderdale-based ship agent and stevedore that helped build Port Everglades sinc
Maritime
SEA-LAND REPORTS 3 MORE STOWAWAYS HEADED TO BOSTON ABOARD BOXSHIP
Michael S. Lelyveld |
Three more stowaways were reported to be headed toward Boston aboard the containership Newark Bay fr
INDONESIAN "ENVIROCOAL' MINING FIRM AIMS TO BE REGION'S BIGGEST PRODUCER
Dean Yates |
Indonesian coal miner PT Adaro Indonesia said it is aiming to produce 15 million metric tons of its
EPA SAID TO RECOMMEND PHASING IN ETHANOL REQUIREMENT FOR GASOLINE
Doug Palmer |
The Environmental Protection Agency has recommended phasing in a requirement that 30 percent of the
GLOBAL COBALT PRODUCTION DOWN FURTHER DROP IN OUTPUT PREDICTED
Knight-Ridder Financial |
World production of cobalt fell to 18,753 metric tons in 1993, down more than 25 percent from 25,477
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
COMALCO TO MOVE ON UPGRADE OF NEW ZEALAND SMELTER
Reuters |
Comalco, the metals company struggling with low aluminum prices, a reluctant partner and the politic
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 20, 1994 Quotations are based on prices reported in the market or obtained from s
PEOPLE - TRANSPORT
Wire and Staff Reports |
FEDERAL EXPRESS CORP. (Memphis) - John M. Turner was named vice president of global sales,and Glenn
BOARD MEMBER SEEKS TO OUST US POSTMASTER
Reuters |
The senior member of the U.S. Postal Service's board of governors is urging the ouster of Postmaster
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DANISH PRICES UP 0.4 PERCENT
Knight-Ridder Financial |
Danish consumer prices rose 0.4 percent in April, compared with an increase of 0.4 percent in April,
MARITIME SUBSIDY BILL IS IN DANGER, SENATOR WARNS BREAUX SPEAKS AT ACADEMY
Peter M. Tirschwell |
The Senate's leading maritime supporter said changes made to maritime reform legislation in the Hous
Maritime
"HARRY AND LOUISE' BACK IN TV ADS
From Wire Reports |
"Harry and Louise" returned to the airwaves Monday in a new series of television ads backing an insu
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending June 17, 1994.
FREIGHT RATE FUTURES
JOC Staff |
June 20, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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