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METHODS OF PAYING FOR SUPERFUND ARE FOCUS OF INSURERS' MEETING
George F.W. Telfer |
There's a good chance Congress will renew the nation's hazardous-waste- cleanup law next year amid s
LONG BEACH PORT CONTEMPLATES STEPS TO SOLVE WAVE PROBLEM AT TERMINAL
Bill Mongelluzzo |
The Port of Long Beach this summer plans to decide how it will correct the wave surge problem that h
Maritime
EXPORTS TO MALAYSIA HELP BOLSTER MAINE'S FOREIGN TRADE TO $1.1 BILLION
Associated Press |
An 84 percent increase in exports to Malaysia helped to bolster the state's foreign trade total to $
GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Joe Yeninas / Journal of Commerce |
U.S. exports to: Japan, Mexico, Taiwan, Canada, Portugal, Egypt, Israel, Pakistan, Other.
COCOA, COFFEE RALLY SPUTTERS AS PRICES FALL
M.C. Ward |
The rally in cocoa and coffee futures sputtered late Tuesday and prices fell by the close after near
MEBA, SHIP LINES AGREE ON CONTRACT
Tim Shorrock |
A key maritime union and two groups of U.S.-flag shipping companies have reached an agreement in pri
Maritime
MEXICO'S NEW RULES WOULD REQUIRE STRICTER SPANISH PRODUCT-LABELING
Kevin G. Hall |
The Mexican government is putting the finishing touches on new rules that will require U.S. and othe
OWNERS PUSH TRAFFIC SYSTEMS OVER DOUBLE HULLS
Alan Abrams |
Gerhard Kurz, president of Mobil Shipping & Transportation Co., is proud of the doublehull and other
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
GERMANY'S INTEREST PAYMENTS CALLED PROBLEM FOR GOVERNMENT
Knight-Ridder Financial |
Interest payments of an estimated 140 billion deutsche marks ($85 billion) on Germany's total debt o
DOLLAR RISES ON ACCORD TO RESUME JAPAN TALKS
Alan Zimmerman |
The U.S. dollar rose Tuesday on news that the United States and Japan agreed to resume trade talks a
AUSTRIA GDP LIKELY TO GROW MERE 1.5 PERCENT IN '94, REPORT SAYS
Stewart Taggart |
Austria's gross domestic product is likely to grow only 1.5 percent in 1994, although weak export gr
INDONESIAN OBSERVERS SAY FEARS OF CURRENCY DROP ARE BASELESS
Carolyn Lim |
Fears of a sharp and sudden devaluation in Indonesia's rupiah have re-emerged in recent weeks among
Maritime
NC CRACKDOWN NETS DIESEL-FUEL TAX CHEATS
Knight-Ridder Newspapers |
One out of nine truckers pulled over Monday in North Carolina - site of the nation's first joint fed
BULK TRAFFIC GROWS IN US-MEXICO TRADE
Kevin G. Hall |
Despite the phenomenal growth in intermodal traffic between the United States and Mexico, bulk shipm
CORRECTION
JOC Staff |
A story Tuesday on Page 2B, "Service Returns to Normal in Wake of Conrail Strike," incorrectly state
SPOT PRODUCT PRICES
JOC Staff |
May 24, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
RUSSIA REPLACING OPEC AS THE KEY TO OIL MARKET
Karen Matusic |
As OPEC abdicates a role as oil's "swing producer," trying to adjust production to determine prices,
INSURANCE EARNINGS
From Wire and Staff Reports |
MITSUI MARINE AND FIRE POSTS $2.2 MILLION PROFITTOKYO - Mitsui Marine and Fire Insur
STATE REP. SEBELIUS SEEKS SEAT ON KANSAS INSURANCE COMMISSION
Associated Press |
As expected, Kansas state Rep. Kathleen Sebelius announced her intention to run for the Democratic p
CHINA'S BID TO CURB TIN EXPORTS MAY FAIL, METALS OFFICIAL SAYS
Knight-Ridder Financial |
China's bid to control tin exports may end in failure, an official source at China National Nonferro
CUBAN SUGAR PRICES FIRM ON REPORTS OF RAIN DAMAGE
Mark Thompson |
Discounts for Cuban raw sugar have narrowed in recent days on reports of severe crop damage in the c
CMA TO PROVIDE SPACE FOR 3 ASIA-EUROPE LINES
Journal of Commerce Staff |
The French shipping line Compagnie Maritime d'Affretement has agreed to provide container space on i
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
MITSUI O.S.K. LINES (AMERICA) INC. (Jersey City, N.J.) - Peter Norwood was named assistant vice pres
Maritime
SPOT COMMODITIES
JOC Staff |
May 24, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
TRADE BRIEFS
From Wire and Staff Reports |
RUSSIA, IMF DELAY TALKS ON STANDBY CREDITMOSCOW - Talks between the Russian Central
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.945/18 100.85/19 101.15/20
FEDERAL FUNDS MAY BUILD SEWAGE TREATMENT FACILITY
Associated Press |
Worried that a construction boom across the border in Mexico will overwhelm sewage treatment facilit
Maritime
VIETNAM'S EASY RIDERS WILL HAVE TO PAY MORE
Reuters |
"Motorcycle fever" has driven up prices of imported Japanese motorcycles - coveted by many young Vie
Maritime
ERA OF SUPERTANKER MAY BE OVER
Alan Abrams |
Outside the oil tanker industry, people call them supertankers. Inside the industry they're called b
TRANSPORT BRIEFS
Wire and Staff Reports |
RELEASE OF DOCUMENT DENIED TO FORWARDERLOS ANGELES - A federal judge has rejected a
ASIAN REFINERS WARY OF BUYING ALASKAN NORTH SLOPE CRUDE
Masayuki Iwahashi |
Japanese and South Korean refiners doubt that Alaskan North Slope (ANS) crude will be widely welcome
UNFAZED BY SETBACK IN KAZAKHSTAN, CHEVRON PUSHES ON IN ANGOLA PROJECT
Journal of Commerce Staff |
Although Chevron Oil Co. apparently has scaled back plans for the development of oil fields in Kazha
INSURANCE BRIEFS
From Wire and Staff Reports |
SEDGWICK RESTRUCTURES AVIATION, SPACE UNITSNEW YORK - Sedgwick Group has restructure
VIETNAM SWITCHES ON CONTROVERSIAL POWER LINE
John Rogers |
Vietnam has switched on the first stage of its most controversial energy project, a $572 million pow
DEFENSE AGENCY TO USE NEW FOOD POUCH MATERIAL
From Wire Reports |
The Defense Personnel Support Center said it has switched to a newly engineered Exxon Chemical Co. m
IMO AGREES ON 18 MONTHS TO COMPLETE SOLAS AMENDMENTS
Janet Porter |
A compromise agreement hammered out Tuesday after several days of tense negotiations will let future
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 24, 1994 Quotations are based on prices reported inthe market or obtained from sup
COMMODITY / C0EMICAL BRIEFS
Wire and Staff Reports |
COFFEE STOCKS SLATED FOR RELEASE IN JULYLONDON - Coffee producing countries have dec
JOURNAL OF COMMERCE - FAST FACTS GROWTH FORECASTS, 1994
Organization for Economic Cooperation & Development, Business |
Expected economic growth, after inflation, in developing Asian countries. South Korea 5.5 p
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