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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
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
EX-NAFTA ADVISERS DISCOURAGE SEPARATE BILATERAL ACCORDS
Kevin G. Hall |
Latin American nations seeking gains in international commerce should look to be folded into the Nor
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of May 27, 1994* Country Category Description
Maritime
TRADE FAIRS
JOC Staff |
NORTH AMERICA China-U.S. Trade Exhibition. June 1-3. New Jersey. Matching U.S. manufacturers
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 31, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BUREAU VERITAS REJECTS 50 PERCENT OF SHIPS
Journal of Commerce Staff |
More than half the ships that applied to join the French classification society Bureau Veritas last
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
PUERTO RICAN PANEL TO STUDY NAVIERAS SALESAN JUAN, Puerto Rico - The chairman of the
Maritime
MAY CONSUMER CONFIDENCE INDEX SHOWS DROP FROM APRIL LEVEL
Reuters |
Consumers were less confident in the economy's continued strength in May than in April, a business g
STUDY SUPPORTS BUDGET RULES WAIVER TO PAVE WAY FOR NEW TRADE ACCORD
John Maggs |
A new economic study hands powerful ammunition to those who argue that strict budget rules should be
Maritime
FRANCE BUMPS UP START OF UK FLIGHTS TO ORLY
Associated Press |
France will allow British airlines to offer four flights daily between London and Paris Orly Airport
ENERGY BRIEFS
Wire and Staff Reports |
CHEVRON INKS PACT TO USE SAUDI OIL SHIPDUBAI, United Arab Emirates - Chevron Corp. h
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
UK SCIENTISTS MAKE PLASTIC FROM RAPESEEDLONDON - British scientists said they had di
FURTHER PRICE INCREASES SEEN FOR OIL
Reuters |
World oil prices should continue rising gently this year after hitting a five-year low in February,
THREE COMPANIES FIND CRUDE OIL IN CUBAN BAY
Reuters |
Sherritt Inc., Fortuna Petroleum Inc. and Cubapetroleo, the state oil agency of Cuba, said that they
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 31, 1994 Quotations are based on prices reported in the market or obtained from su
RECESSION, STRONG YEN SQUEEZE JAPANESE SMELTERS
Cary O'reilly |
Japan's largest seven nonferrous metals smelting companies endured one of the most difficult years o
INSIDE TALK - LARRY KAUFMAN SEEING THE SENSE IN ANOTHER ROUND OF RAILROAD MERGERS
Larry Kaufman |
Are U.S. railroads going to go through another round of mergers? Not since the mega-railroad
INVESTMENT BY US FIRMS SKYROCKETS IN VIETNAM
From Wire Reports |
The United States has climbed six notches on Vietnam's foreign investment chart in the past month an
MEXICAN OFFICIALS ISSUE NEW CERTIFICATE OF ORIGIN
Kevin G. Hall |
Concerned about nations shipping goods into the country through third countries to illegally gain ta
Maritime
POLITICAL HARDBALL SLOWS OIL-SPILL RULE, SHIP INTERESTS SAY
Alan Abrams |
As they anticipated the Coast Guard missing its self-imposed deadline today for issuing an oil-spill
Maritime
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