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OPEC LIKELY TO RENEW OUTPUT CEILING AT MEETING
Paolo Berbotto |
OPEC's mid-year ministerial conference in Vienna this week is unlikely to hold surprises for a marke
EMERGING MARKETS STILL SEEN AS BEST BET
Gordon Platt |
Forget the New York Stock Exchange. Emerging markets, from Bangladesh to Zimbabwe, will take
A HOLLOW US-JAPANESE TRADE ACCORD WOULD SEND DOLLAR DOWN, TRADERS SAY
Gordon Platt |
The U.S. dollar will decline against the yen if the United States and Japan hammer out a virtually m
INSURER URGES CLINTON TO VISIT THE PHILIPPINES
Richard Lawrence |
Maurice Greenberg, chairman of American International Group Inc., the big U.S. insurance company, ha
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
HAPAG-LLOYD PHASES IN SHIP ON TRANS-PACIFICCORTE MADERA, Calif. - Hapag-Lloyd (Ameri
Maritime
EU EXPECTED TO OK RULE TO OUTLAW SUBSTANDARD SHIPS FROM ITS PORTS
Bruce Barnard |
European Union transport ministers are expected to approve tough new measures today to outlaw substa
Maritime
TEAMSTERS BOARD VOTES TO ELIMINATE CONFERENCES
Rip Watson |
Having voted last week to strip their union's regional conferences of their authority, an Internatio
JOBLESS RATE FALLS IN SWITZERLAND
Knight-Ridder Financial |
Switzerland's unemployment rate in May was 4.8 percent, down from 4.9 percent in April but up from 4
US DRUG MAKERS COMPLAIN OF LEGAL CHAOS IN ITALY
Special to The Journal of Commerce |
Major U.S. drug companies complained that a series of confusing and contradictory pharmaceutical ref
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CLINTON SLAPS HAITI WITH STRICTER SANCTIONS
Richard Cowan |
The United States Friday imposed tougher economic sanctions against Haiti, including a new prohibiti
Maritime
US WILL PRESS PAKISTAN, INDIA TO CUT TEXTILE TARIFFS
Patrick Kelly |
The United States will continue to push "very hard" to persuade India and Pakistan to reduce import
Maritime
ELECTRICITY MARKET COMPETITION CONCERNS CALIF. GREEN GROUPS
Knight-Ridder Financial |
While California's major environmental groups support the Public UtilitiesCommission's overa
ENERGY BRIEFS
Wire and Staff Reports |
ARCO CUSHING PIPELINE TO ACCEPT BRENT CARGONEW YORK - Arco Pipeline Co. will accept
SEATTLE PORT IS ENGINE THAT DRIVES REGION, STUDY SAYS
WILLIAM DiBENEDETTO |
Billions in business revenue, high-paying jobs, hundreds of millions in tax revenue to state and loc
Maritime
MINISTER BACKTRACKS ON CANADIAN GRAIN SUBSIDIES
Journal of Commerce Staff |
Backtracking from an earlier statement last week, Transport Minister Doug Young declared that no fin
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
CLOTHING EXPORTERS IN PAKISTAN STRESS QUALITY AS COSTS RISE
N. Vasuki Rao |
Pakistan's fashion apparel exporters, faced with a shortage of cotton and consequent high prices, ar
Maritime
CENTER RE'S PLAN FOR ANGLO STIRS CONCERN IN LONDON
Helen Macleod |
The decision by Centre Reinsurance to halt underwriting operations at its newly acquired insurance c
JOBLESS RATE FALLS TO 10.7 PERCENT IN CANADA
Knight-Ridder Financial |
Canada's seasonally adjusted unemployment rate for May fell to 10.7 percent, down from 11.0 percent
ENERGY BRIEFS
Wire and Staff Reports |
GAS EXPLOSION KILLS 1 AT PA. HOME FOR AGEDNEW YORK A natural-gas explosion ripped t
DAILY PETROLEUM PRICES.
JOC Staff |
Friday June 10, 1994 Prevailing sellers' posted prices at the close of business, representin
TINY US FIRM CHALLENGES RUSSIA'S LUKOIL
Arthur Gottschalk |
With plans to expand its activities and launch a major stock offering this fall, Russia's giant Luko
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ICO MEMBERS EXPORT LESS COFFEE IN APRILLONDON - Coffee exports to all destinations b
MOBIL CHEMICAL TO CUT 55 JOBS IN HOUSTON AREA
Houston Chronicle |
Mobil Corp.'s effort to restructure its chemical business will mean the loss of about 55 jobs in the
TAX CRACKDOWN STYMIES IMPORTS OF CIGARETTES, ALCOHOL IN RUSSIA CONTAINERS PILE UP AT PORTS, BORDERS
Geoff Winestock |
Containers of cigarettes and alcohol are piling up at Russia's borders and ports as customs official
Maritime
GOP RAISES NEW QUESTIONS ABOUT NOMINEE'S PAST
John Maggs |
The long-delayed nomination of Lauri Fitz-Pegado to head the U.S. and Foreign Commercial Service has
Maritime
PALESTINIANS RECEIVE AID FOR POLICE, JOB PROGRAMS
Reuters |
The Palestinians won limited immediate aid from international donors Friday to start up their self-g
Maritime
US SALMON FISHERMEN LOOK TO ALTERNATE ROUTES TO AVOID CANADIAN FEE
From Wire and Staff Reports |
Canada's announcement that it will impose passage fees on U.S. fishermen trying to reach lucrative s
Maritime
DOUGLAS, PEMCO IN LICENSING PACT
Journal of Commerce Staff |
The Pemco Engineers Aircraft Cargo Handling System Division of Precision Standard Inc. has entered a
Transport, Trade and Regulation News
MATSON SET TO LAUNCH WEST COAST SHUTTLE SERVICE
Bill Mongelluzzo |
Matson Navigation Co. on July 10 will inaugurate a weekly Pacific Coast shuttle service, giving ship
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
SAFBANK-MEDITERRANEAN SHIPPING BOOSTS BALTIMORE-S. AFRICA SERVICE
Journal of Commerce Staff |
The Port of Baltimore will gain its first weekly container service to South Africa July 15 when Safb
Maritime
CONFEREES "TALK TURKEY' AT GREEK SHIPPING SHOW
Janet Porter |
"I'm 32 years old and it's my first time out of the United States," Matt G. Boucree admitted as he m
Maritime
US TRUCKERS, SHIPPERS UPBEAT AFTER MEXICAN PIGGYBACK TESTS
Kevin G. Hall |
With half a dozen test runs under their belts, U.S. motor carriers are giving mixed results to newly
TALKS TO RENEW NS LEASE IN NORTH CAROLINA HEAT UP
Lawrence H Kaufman |
Both sides are considering alternatives as negotiations heat up between Norfolk Southern Corp. and t
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
UK TRADE DEFICIT WIDENED IN MARCH
Knight-Ridder Financial |
The U.K.'s March visible trade deficit with the world was UK182 billion ($274.7 billion), according
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