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NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 2, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
ENERGY BRIEFS
From Wire and Staff Reports |
INDIA TO OFFER BLOCKS FOR OIL EXPLORATIONNEW DELHI, India - India soon will offer de
RUBBER PRODUCERS TO MEET TO DISCUSS GLOBAL PACT
K.T. Arasu |
Key rubber producers will meet here next week to strengthen their hand in negotiations with consumer
RUSSIA LOOKS TO PARIS CLUB FOR SUPPORT IN ROW WITH ITALY CREDIT RESCHEDULING AT CORE OF DISPUTE
Grigori Gerenstein |
Acting Russian Finance Minister Sergey Dubinin attempted to persuade the Paris Club Thursday to supp
BALTIC FREIGHT INDEX
JOC Staff |
1420 (June 2, 1994) Previous day - 1437 The Baltic International Freight Futures Market in L
Maritime
SURGE IN EXPORTS OF FARM GOODS WIDENS BRAZIL'S TRADE SURPLUS
Patricia Saldanha |
Brazil's April foreign trade surplus widened 37 percent from March to $1.416 billion on a major boos
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
S. KOREA ROOTING OUT ITS SOFTWARE PIRACYSEOUL, South Korea - South Korea, facing possible U.
Maritime
THREE STUDENTS, TWO PROFESSIONALS WIN INSURANCE SCHOLARSHIPS
JOC Staff |
Three college students and two insurance professionals are the first recipients of scholarships from
AUSTRALIA TO BUILD ITALIAN-DESIGNED SHIPS
Reuters |
The Australian navy will spend $738 million building six Italian-designed mine-hunting ships over th
Maritime
DUTCH INSURANCE GIANT ING SEES ITS REVENUE SLIDE
Associated Press |
Internationale Nederlanden Groep NV (ING), the Dutch insurance market leader, reported Thursday a fi
A&A DEBENTURES PLACED ON S&P CREDITWATCH
From Wire and Staff Reports |
Standard & Poor's placed its "BB-" rating on some of Alexander & Alexander Services Inc.'s debenture
MICHIGAN RAILWAY RECEIVES FEDERAL GRANT
Associated Press |
Lake State Railway Co. said it will replace highway crossings, repair rails and make other improveme
TRANSPORT BRIEFS
Wire and Staff Reports |
KLM SWINGS BACK INTO THE BLACKAMSTERDAM, Netherlands - KLM Royal Dutch Airlines regi
SPOT PRODUCT PRICES
JOC Staff |
June 2, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
THE ECONOMY
Bureau of Labor Statistics; Commerce Department; Knight-Ridder |
LEADING INDICATORS Index tracks 11 economic statistics; seasonally adjusted.Monthly percent
SLOVENIAN INVESTMENT FUNDS EXPECTED TO BE LICENSED BY JULY
Marja Novak |
Slovenian investment funds are likely to be licensed by July, advancing the mass privatization proce
SPOT COMMODITIES
JOC Staff |
June 2, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
COLOMBIA BOOSTS PRICE OF COFFEE BY 7.5 PERCENT
Tom Quinn |
In a move that surprised even growers, Colombia raised its internal coffee price by 7.5 percent, the
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
BANK OF NEW YORK OPENS SHANGHAI OFFICE
Associated Press |
The Bank of New York has opened a representative office in Shanghai. The office will provide
5 STOWAWAYS FOUND ABOARD SEA-LAND SHIP IN BOSTON
Michael S. Lelyveld |
Five stowaways were apprehended aboard a ship operated by Sea-Land Service Inc. when it docked in Bo
Maritime
EMERY UNVEILS DIRECT SERVICE TO TUCSON, MONTERREY
William Armbruster |
Emery Worldwide has launched direct air service to Tucson, Ariz., and Monterrey, Mexico. The
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
FRAGRANCE OILS DWINDLE ON REUNION ISLETwo essential oils used in fragrances are in s
INDONESIA ENDS RESTRICTIONS ON FOREIGN INVESTMENT
Mantik Kusjanto |
The government on Thursday scrapped major curbs on 100 percent foreign equity ownership to combat st
LEHMAN BROS. TO MANAGE $300 MILLION RUSSIAN FUND
Reuters |
U.S. investment bank Lehman Bros. will manage a new $300 million Russian investment fund guaranteed
Maritime
ECONOCARIBE CONSOLIDATORS
K. Buck Wolf |
Econocaribe Consolidators Inc. has ridden the wave of growing trade in the Caribbean Basin,a fast-gr
Maritime
CHINA, AUSTRALIA TO EXPAND TRADE AND INVESTMENT TIES
P.T. Bangsberg |
The "sound development of bilateral economic and trade links" between China and Australia should be
Maritime
ASIAN BANK TO HELP FINANCE PORTION OF MONGOLIAN TELECOM IMPROVEMENT
Journal of Commerce Staff |
The Asian Development Bank is planning to finance nearly half of a $48.6 million project to upgrade
Maritime
SALINAS SAYS SUCCESSOR MUST FOCUS ON ECONOMY
Kevin G. Hall |
Regardless of who assumes the office of president in Mexico later this year, the new leader's princi
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 2, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
BRAZIL TREASURY TO ISSUE UP TO $1 BILLION IN BONDSBRASILIA, Brazil - The Brazilian Treasury
Maritime
KLM TO SWAP ITS AIRBUSES FOR BOEING 767-300S
Bruce Barnard |
The European-U.S. aerospace war intensified Thursday after KLM Royal Dutch Airlines traded in its Ai
CHINA URGES JAPAN TO AVOID UNILATERAL CURB ON TEXTILES
Knight-Ridder Financial |
Chinese Foreign Trade and Economic Minister Wu Yi Thursday asked Japan to exercise prudence in takin
VIETNAM EXPECTS TRADE DEFICIT OF $100 MILLION IN FIRST HALF
Reuters |
Vietnam is heading for a trade deficit of $100 million in the first half of this year, the official
SHIPOWNERS GEAR UP FOR EXPO IN GREECE
Janet Porter |
Some of the world's most powerful shipowners will be flying into Athens this weekend in preparation
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended May 28, 1994, vs. Similar 1993 Period Cars CarsLoaded Loaded
CONRAIL HOPS ON BANDWAGON IN RAISING INTERMODAL RATES
Rip Watson |
Conrail's plans to raise domestic intermodal rates an average of 4.5 percent Aug. 1 on equipment it
ENERGY BRIEFS
Wire and Staff Reports |
COLOMBIA EXPORTS CRUDE AFTER 26-DAY DELAYBOGOTA, Colombia - Colombia ended a 26-day
CONOCO, PENNZOIL UNITE TO UPGRADE LOUISIANA REFINERY
Knight-Ridder Financial |
Conoco Inc. and Pennzoil Co. have agreed to jointly build a $500 million lube oil hydrocracker at Co
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 233.84 off 1.61
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