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LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 6, 1994Brent Crude Oil - (Dollars Per Barrel)_
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 232.05 off 2.30 wh
INTERMODAL PLANNING INVOLVEMENT CALLED VITAL FOR PORTS
WILLIAM DiBENEDETTO |
Ports seeking funds for intermodal freight projects must make sure they are involved in community pl
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
SHELL OIL TO RETURN TO MARKET IN OREGONPORTLAND, Ore. - Shell Oil Co. said it is ret
OIL INDUSTRY DEBATES THREAT POSED BY GROWING IMPORTS
Arthur Gottschalk |
Do increasing imports of crude oil and refined petroleum products pose a major threat to U.S. nation
OIL OUTPUT IN RUSSIA FELL IN MAY
Knight-Ridder Financial |
Russia's oil production in May was 25.394 million metric tons (5.98 million barrels a day), down 14.
FLORIDA BLAMES NAFTA, MEXICO FOR TOMATO FARMERS' WOES
Associated Press |
Florida's tomato farmers say the last season was their worst ever, and the state is blaming the Nort
Maritime
PRIME MINISTER'S MAGIC TOUCH MAY SPARK ITALIAN TURNAROUND
P.K. Semler |
Few men are blessed with such good luck as Italian media tycoon Silvio Berlusconi. He create
DOLLAR TRADES IN THIN RANGE AS BOND MARKET RALLIES
Susan Kelly |
The U.S. dollar held to a narrow trading range Monday, as some investors took profits but others bou
TRANSPORT BRIEFS
Wire and Staff Reports |
CHINA PLANE CRASH KILLS 160 ON BOARDBEIJING - A Chinese airliner on a domestic fligh
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
PEPSI, HAILING A NEW GENERATION, SAYS IT'S RETURNING TO SOUTH AFRICA
Rory Channing |
Soft drink giant Pepsico Inc. said Monday it is returning to South Africa in a joint venture portray
Maritime
HOUSTON DRAWS HEAVY INVESTMENT FROM JAPANESE CHEMICAL INDUSTRY
Special to The Journal of Commerce |
With an estimated investment here of more than $800 million, the Japanese chemical industry has made
HELP WANTED: SHIPOWNERS SEEK SAILORS FOR GROWING GREEK FLEET
Janet Porter |
Greek shipowners face a serious shortage of experienced seafarers to crew the country's rapidly expa
Maritime
SEAWAY TAXES UNCOMPETITIVE, CANADIAN COMMITTEE TOLD
From Wire Reports |
High municipal taxes on grain elevators are making the St. Lawrence Seaway uncompetitive, a Canadian
Maritime
PEOPLE TRANSPORT
From Wire and Staff Reports |
John F. Kane was named to the new position of assistant vice president, training and development, re
SOUTH AFRICA ADMITTED TO OAU
Reuters |
The Organization of African Unity, which for decades battled apartheid, formally admitted South Afri
Maritime
ASIAN BANK ADVISES INSURERS TO HELP NATIONS FUND PROJECTS
Matthew Lewis |
The insurance industry should use its position as a big investor of long-term savings to help Asian
HIGH COTTON PRICES EXPECTED TO SPUR PLANTING IN INDIA
Shiva Lingam |
High domestic cotton prices are likely to encourage farmers to expand cotton cultivation in India, w
COAST GUARD'S DELAY ON SPILL RULES IRKS INSURER
Helen Macleod |
The continued delay by the U.S. Coast Guard in delivering rules on certificates of financial respons
COST OF CREDIT
JOC Staff |
Monday June 6, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
CHINA TO AIM FOR HIGH END OF MARKET IN TOYS
_ P.T. Bangsberg |
Having conquered a large part of the world's market for basic toys thanks to low prices, China wants
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
TRADE BRIEFS
From Wire and Staff Reports |
MEXICO SAYS FINANCES AIDED BY PRIVATIZATIONLONDON - The mass privatization of Mexica
Maritime
WHOLESALE PRICES RISE BY 0.6 PERCENT IN AUSTRIA
Knight-Ridder Financial |
Austrian wholesale prices rose 0.6 percent in May from April and by 1.2 percent year-on-year, the co
ONE DEAD, 12 INJURED IN MICH. AS TRUCK, AMTRAK TRAIN COLLIDE
Associated Press |
Three Amtrak passenger cars derailed Monday afternoon after the train struck a dump truck at an unma
PORT OPERATOR IN CONN. BLASTS ANTI-DUMPING SUITS IMPORT RESTRICTIONS CUT STEEL TONNAGE
Michael S. Lelyveld |
Connecticut's largest port operator for breakbulk cargo said the recession and declining steel impor
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
CHILE SEEKS FREE-TRADE TIE WITH MERCOSUR COUNTRIES
Reuters |
Chile is seeking to form a free-trade association with the Mercosur common market and will present a
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
June 6, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INTERCARGO CHIEF PREDICTS RATE FALL IN DRY BULK CARGO
Janet Porter |
Freight rates for dry bulk cargoes could decline from their already modest levels because of the hug
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 6, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
SPOT PRODUCT PRICES
JOC Staff |
June 6, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
OIL-PRODUCTS MARKETS GROW WEAK OVERSEAS
Paolo Berbotto |
Continued oil price strength hinges on whether a strong U.S. market will be enough to counter mounti
GLITZ ASIDE, ARGENTINA POSES FRUSTRATING PROBLEMS FOR FIRMS PHONE, POWER, OTHER SERVICES LAG
Paula L. Green |
Don't be lulled by the tree-lined streets, French architecture and elegant restaurants found in this
Maritime
PHILIP MORRIS COS. CHALLENGES AUSTRALIA'S CIGARETTE AD BAN
Stephen Skinner |
Tobacco giant Philip Morris Cos. Monday began legal action in Australia to overturn a government ban
Maritime
CALIF. IMPORTER FACES TRIAL OVER CHINESE DIESEL ENGINES US ALLEGES USE OF PRISON LABOR
Robin Bulman |
A California importer's dispute over diesel engines that the U.S. government claims were produced by
Maritime
BUSINESS BOOMS AT HOUSTON, OTHER CENTRAL PORTS
Special to The Journal of Commerce |
Business couldn't be looking better for the three ports of Texas' central coast region: Houston, Gal
NORWEGIAN CLASSIFICATION SOCIETY ADDS HUMAN FACTOR TO ITS SURVEYS
Janet Porter |
As the emphasis on maritime safety shifts from the physical condition of ships to their management,
Maritime
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