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MARITIME BRIEFS
From Wire and Staff Reports |
CHINESE COURT TO SELL SHIP KEPT IN DETENTIONDALIAN, China - The city's maritime cour
Maritime
BERGESEN TO TAKE LOSS ON SALE OF SHIP
Journal of Commerce Staff |
Norwegian shipping firm Bergesen d.y. said it would have a bookkeeping loss of 22 million crowns ($3
Maritime
SEATTLE RETAILER OFFERS GUST OF WIND FOR BILL AIMING TO BOOST SHIP INDUSTRY
WILLIAM DiBENEDETTO |
Nordstrom Inc., a retail giant, is giving an unexpected boost to legislation designed to spur a U.S.
Maritime
4 SHIP LINES TO ALTER SERVICE TO S. AMERICA
Journal of Commerce Staff |
Four of the leading ship lines serving South America said they intend to rationalize their schedules
Maritime
SHIPPING GROUP URGES YARDS TO BUILD STURDIER VESSELS
Journal of Commerce Staff |
The International Chamber of Shipping is urging shipbuilders to construct more robust ships.
Maritime
CONTAINER CARRIERS MAKE INROADS IN LUMBER TRADE
Kenneth Wolf |
Container carriers continued to chop away at bulk operators' share of thetrans-Pacificlumber
PEOPLE - INSURANCE
Wire and Staff Reports |
ALEXANDER CONSULTING GROUP (Lyndhurst, N.J.) - Francis T. Joyce was named managing director,finance,
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
IDB OFFICIAL: CAPITAL FLOWS TO LATIN AMERICA TO MODERATE
Edward Kean |
Capital inflows to Latin America will not continue at the pace of recent years, but a repeat of the
CONSUMER PRICES RISE 0.4 PERCENT IN SPAIN
Knight-Ridder Financial |
Spanish consumer prices rose by 0.4 percent in April compared with March and by 4.9 percent compared
BRIBERY RISING IN VIETNAM DESPITE STEPS BY HANOI TO STOP IT, FOREIGN FIRMS SAY
Mark Magnier |
There's a saying in Vietnam that the easiest way to hit the lottery is to become a customs officer w
CHINA SEEKS HELP IN SWITCH TO COAL SLURRY
P.T. Bangsberg |
By the end of the decade, China expects to be using coal slurry to replace 70 million barrels of fue
TECHNOLOGY BRIEFS
From Wire and Staff Reports |
FEDERAL EXPRESS UNVEILS ELECTRONIC AIR WAYBILLFederal Express Corp. has introduced a "therma
Transport, Trade and Regulation News
BOLIVIAN MINES TO BE PRIVATIZED
Reuters |
Bolivia will open its mining industry to the private sector this month, after 42 years of state oper
FREIGHT RATE FUTURES
JOC Staff |
May 13, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
PEOPLE - TRADE
Wire and Staff Reports |
EXPORT ADMINISTRATION, U.S. DEPARTMENT OF COMMERCE (Washington) - Barry E. Carter was appointed depu
Maritime
AS THEIR EMPLOYERS FALTER, RUSSIANS FIND NEW WAYS TO GET BY
James P. Gallagher |
The first time she dredged up the courage to join the other peddlers out on the street, Yelena Polov
CONTAINER LINES LOSING PAPER CARGO TO BREAKBULK
Peter M. Tirschwell |
Paper and forest products exporters continued to lessen their reliance on containershiplines last ye
COST OF CREDIT
JOC Staff |
Friday, May 13, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.535/9 100.15/10 100.35/11
CALIF. TRUCKERS SET TO FIGHT EPA'S AIR-QUALITY RULES
Bill Mongelluzzo |
The California Trucking Association will launch a major offensive against pending Environmental Prot
FEDEX TO ADD CAPACITY IN FLORIDA AND HOUSTON
George F.W. Telfer |
Federal Express Corp., which already handles about half the overnight package volume at Fort Lauderd
Transport, Trade and Regulation News
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 13, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
EXXON RE-ENTERING INDIA VIA DEAL WITH HINDUSTAN
Associated Press |
Exxon Corp. said Friday it had signed an agreement with Hindustan Petroleum Corp. to blend and marke
DAILY PETROLEUM PRICES
JOC Staff |
Friday May 13, 1994 Prevailing sellers' posted prices at the close of business, representing
TRADERS EXPECT RAPID RISE IN COFFEE PRICES TO CONTINUE
Brian Johns |
Bad weather, a shortage of product and rampant speculation are driving coffee prices to their highes
NEW VISA RULE AFFECTS MEXICANS WORKING IN US
Journal of Commerce Staff |
The U.S. Embassy here has warned U.S. firms that employ Mexican nationals carrying non-immigrant vis
Maritime
CITING NAFTA'S "PROTECTIONISM,' BORDER AREA SEEKS ASIAN INVESTORS
Kevin G. Hall |
The North American Free Trade Agreement may mean liberalized commerce for the three partner countrie
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
BALTIC FREIGHT INDEX
JOC Staff |
1500 (May 13, 1994) Previous day - 1491 The Baltic International Freight Futures Market in L
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
POLYESTER FIBER, TIN SPUR ANOTHER RISE IN JOFC INDEX
Journal of Commerce Staff |
The Journal of Commerce's daily Industrial Price Index rose again Friday and now shows an annualized
SHORTAGE OF RAW MATERIAL PLAGUES INDIA PAPER SECTOR
N. Vasuki Rao |
The local paper industry may be headed for tough times because of a shortage of raw material based o
INSURERS SUCCEED IN CASTING CLOUD OVER HEALTH REFORM
R.A. Zaldivar |
Not long ago, the health-insurers' lobby was Special Interest Enemy No. 1, taking fire from an openl
FOREST INDUSTRY UPSET BY ENVIRONMENTALISTS
Phillip Fine |
If there's one thing roiling the forest products industry in the United States today, it's environme
LUMBER AREA NIXES CRANE PLANNED FOR FOREST STUDY
Eric Pryne |
First came the spotted owl, then the marbled murrelet. By the time the crane arrived, most people ar
COMPUTER USERS CAN LEARN TO CONSERVE
James Coates |
I know, I know. I shouldn't be preaching about saving trees. A guy who works for a newspaper with a
ECONOMIC RELATIONS BETWEEN INDIA, US FOCUS OF RAO VISIT
Richard Lawrence |
U.S.-India economic relations are expected to get a big boost this week during the visit here of Ind
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
PORTUGAL SETS JUNE 23 FOR BIG BOND REFORMSLISBON, Portugal - Portugal will implement
Maritime
CF SHAREHOLDERS REJECT TEAMSTERS
Journal of Commerce Staff |
Proposals sponsored by the Teamsters union to restructure the board of directors at Consolidated Fre
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