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SOUTHEAST'S HARD-HIT INSURERS GEAR UP FOR BEGINNING OF '94 HURRICANE SEASON
Jim Davenport |
The official opening of the 1994 hurricane season this month catches the nation's biggest property i
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
UN PURSUES TRADE TAXES TO HELP POORER COUNTRIES
John Zarocostas |
A United Nations agency Wednesday called for a tax on global trade in fossilfuels and arms t
DANISH FOREIGN DEBT REVISED UPWARD
Knight-Ridder Financial |
The Danish net foreign debt was 273 billion kroner (US$42.19 billion) at year-end 1993, compared wit
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
US, S. AFRICA STRENGTHENING THEIR BILATERAL TRADE LINKS
Richard Lawrence |
The United States and South Africa are planning a series of initiatives in coming months to strength
INDONESIA SEEKS $26 BILLION TO BOOST POWER CAPACITY
Knight-Ridder Financial |
Indonesia is seeking $26 billion worth of investment to boost its power generation capacity by 13,00
ENERGY BRIEFS
Wire and Staff Reports |
PETROLEUM HEAT AGREES TO BUY DEBLOIS UNITNEW YORK - Petroleum Heat and Power Co. ann
PRINCETON FUSION REACTOR GENERATES POWER RECORD
Reuters |
A test reactor at Princeton University has reached a record in electricity generation by nuclear fus
FRENCH AIRLINE PROTESTS ORLY AIRCRAFT RESTRICTIONS
Bruce Barnard |
France's TAT European Airlines has protested to the European Union Commission against a plan by the
BALTIC FREIGHT INDEX
JOC Staff |
1437 (June 1, 1994) Previous day - 1455 The Baltic International Freight Futures Market in L
Maritime
US REINSURERS POST INCREASE IN PREMIUMS, COMBINED RATIOS
Margo D. Beller |
The balance sheets of U.S. reinsurance companies were hit hard by the Northridge, Calif., earthquake
MARITIME BRIEFS
Wire and Staff Reports |
SPANISH SHIPYARDS GET OK ON SUBSIDIESBRUSSELS - The European Commission Wednesday de
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
PORT OF SAN FRANCISCO - Frankie G. Lee was named a port commissioner by Mayor Frank Jordanand confir
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
SEATTLE PORT, HANJIN REACH MILESTONE
Journal of Commerce Staff |
South Korean shipping giant Hanjin Shipping Ltd. recently handled its 1 millionth cargo container at
Maritime
LABOR REFORM SLOW TO KICK IN AT MARSEILLES, OFFICIALS SAY
Tara Patel |
The French port of Marseilles is lagging France's other major ports in implementing a 2-year-old car
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.305/25 101.45/26 101.35/27
GASOLINE PRICES
JOC Staff |
June 1, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
PEOPLE - ENERGY
Wire and Staff Reports |
WESTERN ATLAS INC. (Beverly Hills, Calif.) - Orval F. Brannan and Damir Skerl were named senior vice
INDIANA UTILITY SEEKS CLEANER ENERGY THROUGH COAL-GASIFICATION PLANT
Stevenson Swanson |
Two visions of how to extract energy from coal lie next to each other a few miles north of here on t
PUGET SOUND COUNCIL CONSIDERS SUPPLEMENTAL AIRPORT LOCATIONS
Journal of Commerce Staff |
Consultants for the Puget Sound Regional Council have identified 12 potential sites as possible area
NUCLEAR FUEL SUBJECT TO CAPS ON RAIL RATES, ICC RULES
Journal of Commerce Staff |
Spent nuclear fuel recovered from Navy ships is a recyclable material and therefore covered by stric
TRADE BRIEFS
From Wire and Staff Reports |
RUSSIAN CENTRAL BANK CUTS ANNUAL INTERESTMOSCOW - The Central Bank of Russia cut its
Maritime
TRADE MINISTRY UNVEILS PLAN TO BOOST IMPORTS FROM EU
From Wire Reports |
Japan's Ministry of International Trade and Industry and the EuropeanCommission Wednesday an
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
FIVE CHINESE STOWAWAYS, DISCOVERED ON MAERSK SHIP, HELD AT CALIF. HOTEL
Michael S. Lelyveld |
Five Chinese stowaways were being held in a local hotel Wednesday after being taken off a ship opera
Maritime
GREECE, EU COMPROMISE ON HELLENIC SHIP REGISTRY
Janet Porter |
European Union transport ministers plan to approve a compromise maritime- safety proposal that will
ENERGY BRIEFS
Wire and Staff Reports |
TURKEY, KAZAKHSTAN SIGN OIL, GAS ACCORDANKARA, Turkey - Turkey and Kazakhstan Tuesda
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
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