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BRAZIL TO DOUBLE EXPORT CAPACITY AT GRAIN TERMINAL
James Bruce |
Brazil's state-owned mining company Companhia do Vale Rio Doce (CVRD) is investing $35 million to do
Maritime
DREDGING KEY TO US COMPETITIVENESS, LAWMAKER TELLS NEW YORK GROUP
Alice Cantwell |
A New Jersey congressman who helped end the impasse on federal permits to dredge the Port of New Yor
Maritime
ICC REJECTS ILLINOIS CENTRAL TARIFF ON SHIPPERS' LIABILITY
Gregory S. Johnson |
The Interstate Commerce Commission has handed grain shippers a key victory by canceling a controvers
JOURNAL OF COMMERCE - FAST FACTS
F.W. Dodge, McGraw-Hill Inc., New York |
No text.
MARITIME BRIEFS
Wire and Staff Reports |
TWRA INCREASING SURCHARGES JULY 1SAN FRANCISCO - The nine ocean carriers that set ra
Maritime
CHINESE OFFICIAL BACKS BUILDING OF HONG KONG BOX TERMINAL
Knight-Ridder Financial |
China's top official responsible for Hong Kong affairs gave his support Monday to the construction o
Maritime
CHINA'S STRICT IMPORT BAN FAILS TO STOP FOREIGN OIL FROM FLOWING
Angela Tan |
A growing number of foreign oil companies is trying to sneak cargoes into China despite the country'
VIETNAMESE POWER PROJECT TO HINGE ON PRICE, AVAILABILITY OF NATURAL GAS
Associated Press |
The price and supply of natural gas will determine any decision to build an $810 million power plant
BUSINESSMEN URGE QUICK END TO EU'S RAIL MONOPOLIES
Bruce Barnard |
Europe's top business executives have urged their governments to launch an assault on rail monopolie
ENERGY BRIEFS
Wire and Staff Reports |
CHINA GRANTS SINOIL CRUDE-IMPORT LICENSEHONG KONG - China granted a third state-owne
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 31, 1994Brent Crude Oil - (Dollars Per Barrel)_
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 31, 1994 Prev. Life of Contr. OpenOpen High L
GASOLINE PRICES
JOC Staff |
May 31, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
PRODUCER PRICES RISE IN ITALY
Knight-Ridder Financial |
Italy's producer price index rose 0.2 percent in March from February and was up an annual 3.2 percen
JAPAN TO TRY APPEASING US IN TRADE TALKS, EXPERTS SAY
Mark Magnier |
Japan's primary objective in bilateral trade negotiations that resume today in Washington and Tokyo
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
US IMPORT PRICES ROSE 0.4 PERCENT IN APRILWASHINGTON - Prices of U.S. imports, exclu
Maritime
AETNA WILL IMPLEMENT 2,000 OF 4,000 ANNOUNCED LAYOFFS
Journal of Commerce Staff |
Aetna Life & Casualty Co. formally announced layoffs of 2,000 workers by the middle of next month as
COFFEE TRADERS PAY EXTRA TO SKIRT INDONESIAN DEFAULTS
Knight-Ridder Financial |
In order to avoid shipment defaults, some Singapore traders have paid higher prices for the Indonesi
PEOPLE - INSURANCE
From Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP (New York) - John J. Salinger, president of the Trade and Political Ris
APL, MEBA EXTEND THE DEADLINE ON CONTRACT NEGOTIATIONS BY 60 DAYS
Journal of Commerce Staff |
American President Lines Ltd. said Tuesday that contract negotiations with the District1/Marine Engi
Maritime
BUSINESSMAN IS ACCUSED OF STEALING SHIPPING GEAR
Tacoma News Tribune |
A federal grand jury accused maritime businessman Panos S. Palas of Tacoma of involvement in a schem
Maritime
CURRENT ACCOUNT SURPLUS FALLS IN TAIWAN
Knight-Ridder Financial |
Taiwan recorded a current account surplus for the first quarter of this year of $272 million, the lo
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday May 31, 1994 Prevailing sellers' posted prices at the close of business, representin
SPOT COMMODITIES
JOC Staff |
May 31, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
BRITAIN APPROVES DELTA-VIRGIN AIR PACT
Reuters |
John MacGregor, Britain's secretary of state for transport, said Tuesday he has approved an alliance
SWISS GOVERNMENT BEGINS GATT RATIFICATION PROCESS
Associated Press |
The Swiss government has opened up consultations on the GATT world trade package, stressing the bene
Maritime
THAI OUTPUT GROWTH SLOWS TO 8.1 PERCENT
Knight-Ridder Financial |
Thai year-on-year industrial production growth slowed to 8.1 percent in Aprilfrom 9.3 percen
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
CARIBBEAN TEXTILE PRODUCERS LIKE PLAN TO OFFSET NAFTA
Canute James |
The textile and apparel producers in the Caribbean Basin welcomed a proposal that would protect the
Maritime
FUNDAMENTALIST TERRORISM PUTS EGYPT'S TOURISM IN HARM'S WAY
Tom Hundley |
Aswan is, lock, stock and wallet, a tourist town. For more than a century this sleepy Nile port has
WORLD COTTON-FUTURES CONTRACT SUFFERS FROM LINK TO US PRICES
Patrick Kelly |
The parallel rise in world and U.S. cotton prices this year has curbed use of the world cotton-futur
BALTIC FREIGHT INDEX
JOC Staff |
1455 (May 31, 1994) Previous day - 1462 The Baltic International Freight Futures Market in L
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
JAPAN ISSUES SCATHING REPORT ON US TRADE
Mark Magnier |
Japan on Tuesday branded the United States an outlaw in a 430-page report on unfair trade policies.<
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.305/24 101.75/25 101.45/26
PUBLISHER'S NOTEBOOK
Don C. Becker |
Japanese traditions are fascinating and often unique as they apply to the world of business.
EUROPEAN TRANSPORT MINISTERS PLAN SHIFT OF FREIGHT TO RAIL
Tara Patel |
Under pressure from irate Swiss and Austrian citizens, European transport ministers agreed last week
SPOT NATURAL GAS PRICES
JOC Staff |
NATURAL GAS CLEARINGHOUSE Natural Gas Clearinghouse - Posted prices for June 1994 (see Note
RUSSIA EASES STATE'S GRIP ON GOLD TRADE
Knight-Ridder Financial |
A decisive move toward the creation of a proper gold market in Russia was made late last week, when
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