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SPOT COMMODITIES
JOC Staff |
May 27, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
ENERGY OUTLOOK - DALE STEFFES WHAT THE WORLD NEEDS NOW IS A STABLE OIL MARKET
Dale Steffes |
I was extremely pleased with the diversity of The Journal of Commerce readers who attended our first
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 229.61 off 1.98
GASOLINE PRICES
JOC Staff |
May 27, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
PHILLIPS, AMOCO JOIN ANADARKO TO EXPLORE "SUBSALT' BLOCK
Houston Chronicle |
Phillips Petroleum Co. and Amoco Corp. are teaming again with Anadarko Petroleum Corp. to hunt for o
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SRI LANKAN PORT CITY TO BE FREE-TRADE AREA
N. Vasuki Rao |
A fourth free-trade zone will be established in Sri Lanka's eastern port city of Trincomalee, on abo
Maritime
RUSSIAN OFFICIAL URGES CUTS IN EXPORT TARIFFS OF UP TO 50 PERCENT
Knight-Ridder Financial |
Russia's existing tariffs are excessive and some should be cut by as much as 50 percent, Alexander D
JAPAN IS WORLD'S TOP CREDITOR OVERSEAS ASSETS AT RECORD HIGH
Knight-Ridder Financial |
Japan maintained its position as the world's top creditor nation for the third straight year in 1993
Maritime
ITC: CHINA NOT DUMPING SILICON CARBIDE
Journal of Commerce Staff |
China has been cleared of possible anti-dumping duties on its U.S. sales of silicon carbide, thanks
Maritime
TRADE TALK - ROSALIND MCLYMONT WORLD BANK INVOLVEMENT IN UGANDA PAVES WAY FOR NEW BUSINESSES
Rosalind McLymont |
You'd think that the World Bank - cursed, condemned and burnt in effigy worldwide for Structural Adj
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
RI PANEL OKS FUNDING FOR RAILROAD PROJECT
Michael S. Lelyveld |
Rhode Island officials said Friday that a critical freight rail project has taken the first step wit
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
COFFEE FUTURES REBOUND AFTER 3 DAYS OF LOSSESNEW YORK - Coffee futures were sharply
TRANSPORT BRIEFS
Wire and Staff Reports |
TNT FREIGHTWAYS OKS STOCK REPURCHASEROSEMONT, Ill. - TNT Freightways Corp.'s board of direct
FERC RELINQUISHES CONTROL OF GAS-GATHERING OPERATIONS
Arthur Gottschalk |
In a series of findings that closes a chapter on natural gas industry deregulation, federal authorit
DAILY PETROLEUM PRICES.
JOC Staff |
Friday May 27, 1994 Prevailing sellers' posted prices at the close of business, representing
ASIA TO US: GET OWN TRADE POLICY IN ORDER
P.T. Bangsberg |
U.S. trade policy in Asia is confused, hypocritical and naive, and probably will torpedo itself, sen
CANADA'S RAILWAYS ON TRACK FOR LABOR CONFRONTATION
Leo Ryan |
Barring a significant shift in current labor negotiations, Canadian observers expect the freight ope
SWISS PRICES FELL 0.6 PERCENT IN MAY
Knight-Ridder Financial |
Switzerland's consumer prices fell by 0.6 percent in May from April, but rose by 0.4 percent year on
12 RAILROADS WIN AWARDS FOR SAFETY
Associated Press |
Norfolk Southern Corp. and Illinois Central Railroad were repeat winners of the rail industry's top
EU UNIFICATION SLASHED DANZAS REVENUE IN '93
John Zarocostas |
The loss of customs broking business following the completion of the European Union's single market
IMPASSE IN AVIATION TALKS WITH UK FRUSTRATES PENA
Reuters |
Transportation Secretary Federico Pena said Friday he was disappointed at the lack of progress made
BROKER, AFTER YEARS OF SCALING BACK, PLANS TO REBUILD US OPERATIONS
Janet Porter |
Simpson, Spence & Young, one of the world's largest shipbroking firms, is planning to gradually expa
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
CHINA REWRITING RULES ON GOLD, SILVER TRADING
Knight-Ridder Financial |
China's central bank has begun revising existing laws governing gold and silver as a first step to s
GERMAN METALS FIRM TO SLASH TIN, ZINC OUTPUT IN REVAMP
Knight-Ridder Financial |
Germany's Metallgesellschaft AG Friday announced it will drastically restructure its refined metals
ENERGY BRIEFS
Wire and Staff Reports |
CHEVRON CONFIRMS TALKS ON TRANS-CASPIAN DEALA spokesman for Chevron Corp. said negotiations
PAKISTANI CHILDREN PROTEST CHILD LABOR
Reuters |
Several hundred children marched through the streets of Karachi Friday to demand the government halt
SEDGWICK BROKER R. JANE HILL TO BE HONORED IN NEW YORK
Journal of Commerce Staff |
R. Jane Hill, senior vice president with insurance broker Sedgwick James Inc., will be honored as 19
INSURANCE BRIEFS
Wire and Staff Reports |
INSURANCE ACCORD LIKELY, JAPANESE OFFICIAL SAYSTOKYO - Japanese Finance Minister Hir
SENATE PANEL SUPPORTS LIMIT ON MALPRACTICE LEGAL FEES
Reuters |
A Senate panel backed limiting contingency fees for lawyers in malpractice cases, although they left
TRADE BRIEFS
Wire and Staff Reports |
VIETNAM PLANS TO CUT DOMESTIC USE OF DOLLARHANOI, Vietnam - Vietnam Deputy Prime Minister Ph
Maritime
DAIMLER CHIEF BLASTS CLINTON OVER ROLE IN JET SALES
Keith M. Rockwell |
The chairman of the largest industrial concern in Western Europe levied a scathing attack at Preside
COST OF CREDIT
JOC Staff |
Thursday, May 26, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
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
HULL PREMIUM RISES ARE MODERATING, LLOYD'S OFFICIAL SAYS
Leo Ryan |
Shipowners who have been hit by sharp premium increases in the past few years are getting a break in
HOUSE PANEL OKS LEGISLATION TO PAY FOR SUBSIDY PACKAGE BILL WOULD IMPOSE VESSEL-TONNAGE FEES
Stephanie Nall |
The House Merchant Marine and Fisheries Committee Thursday unanimously agreed to a bill that would p
Maritime
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