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ISRAEL HINTS AT COOPERATION WITH OPEC ON OIL SHIPMENTS
Reuters |
Israel Tuesday suggested cooperating with OPEC countries to transport oilfrom the Middle Eas
CHINA EXPECTED TO BOOST OIL AND GAS PRODUCTION
Knight-Ridder Financial |
Oil and gas production in China is expected to keep rising in the next few years and to reach up to
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
KUWAIT SET TO EXPORT 1ST POSTWAR AMMONIAABU DHABI, United Arab Emirates - Kuwait has
FREIGHT RATE FUTURES
JOC Staff |
June 1, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LA PORT STUDY TO INCLUDE ANALYSIS OF LONG BEACH
Bill Mongelluzzo |
A study that will most likely result in streamlining the Los Angeles harbor department will be expan
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
FLEET WEEK OPENS TODAY WITH PARADE OF SHIPS
Alice Cantwell |
Ten Coast Guard and eight Navy vessels, one ship from the Marines, and one each from Brazil and Mexi
Maritime
US, JAPAN HOPE INSURANCE TALKS ARE BELLWETHER FOR FRAMEWORK FOCUS IS ON PACE OF LIBERALIZATION
Kohei Murayama |
Japanese trade and finance officials are hoping bilateral insurance talks that began Wednesday and c
TRADE BRIEFS
From Wire and Staff Reports |
MG WILL REDUCE GERMAN METALS OUTPUTFRANKFURT, Germany - Germany's Metallgesellschaft
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, May 31, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DOLLAR REBOUNDS FROM TECHNICAL SUPPORT LEVEL OF 1.64 MARKS
Alan Zimmerman |
The U.S. dollar was mostly higher Tuesday, rebounding from the important technical support level of
NEW AIRLINE LINKING S. AFRICA, US EXPECTS CARGO TO PLAY A MAJOR ROLE
William Armbruster |
The fledgling USAfrica Airways is counting on cargo to make an important contribution to its bottom
JAPANESE SHIPS TO JOIN WAR GAMES AMID TENSION OVER NORTH KOREA
Reuters |
Japan's most powerful destroyer fleet left its home port, Yokosuka, south of Tokyo, on Tuesday to ta
Maritime
STEEL IMPORTS PACE 5.5 PERCENT INCREASE IN NEW ORLEANS' CARGO VOLUME
George F.W. Telfer |
The Port of New Orleans' cargo volume, led by sharp increases in steel imports, rose 5.5 percent to
Maritime
CHINA SEEKS PARTICIPATION FROM ABROAD IN RAILWAYS
P.T. Bangsberg |
One of the last bastions of Chinese state control is being opened up to overseas investment and expe
INFLATION FEARS BOOST TRADING IN COMMODITIES
From Wire Reports |
Speculators rushed back into U.S. commodity futures markets Tuesday fearing renewed inflation.
TRANSPORT BRIEFS
Wire and Staff Reports |
CSX TRANSPORTATION CHANGES NAME OF UNITJACKSONVILLE, Fla. - CSX Transportation Inc.
TRW SUBMITS BID TO CHINA BANK TO PROVIDE TECHNICAL INFRASTRUCTURE
Reuters |
TRW Inc. said it submitted a bid to provide the technical infrastructure for a modern banking system
VENEZUELA'S BANK WOES BRING CALL FOR BOOST IN REGIONAL STANDARDS
Charles W. Thurston |
The impact of the near collapse of Venezuela's commercial-banking system has spread beyond Venezuela
Maritime
MASS. BAILOUT FUND WANTS INSURER'S PAPERS
Kimberly Blanton |
The state fund for bailing out defunct insurance companies has asked Massachusetts regulators to tur
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
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