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OIL PRICES RESUME UPWARD CLIMB ON FEARS YEMEN MAY STOP EXPORTS
Nicholas Moore |
World oil prices are going up again, just when everyone had prophesied they'd fall. Traders'
HANJIN TO ENTER ATLANTIC TRADE IN EARLY 1995 SHIPPERS ELATED TAA HOPES FOR PARTNERSHIP
Bill Mongelluzzo |
Hanjin Shipping Co., one of the fastest growing container lines in the U.S. trades, will enter the h
MARITIME BRIEFS
From Wire and Staff Reports |
TANKERS COLLIDE OFF MALAYSIAKUALA LUMPUR, Malaysia - Two tankers collided in interna
Maritime
S. AFRICA A WILD CARD IN COAL EXPORT MARKETS
Arthur Gottschalk |
As South Africa inaugurated its first majority government in Cape Town, international coal industry
TRADE BRIEFS
Wire and Staff Reports |
DANES SEEK TO RESOLVE EU TRADE BARRIERSBRUSSELS - Denmark will launch a campaign nex
Maritime
AGRICULTURAL TRADELEADS
Supplied by the U.S. Dept. of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
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
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of May 6, 1994* Country Category Description
Maritime
INSURER SAYS MANY INJURIES AT SEA CAUSED BY MARINERS' CARELESSNESS
Janet Porter |
Carelessness and complacency by experienced seafarers are responsible for a large number of personal
INSURANCE FEE HIKE URGED FOR KY. STATE WORKERS
Kit Wagar |
A consultant for the Texas Insurance Department recommended a quantum leap in fees charged to state
MOST SD FIRMS WON'T SEE HIKE IN BASE RATE OF COMP COSTS
Chet Brokaw |
About two-thirds of South Dakota's businesses will see no increase in the base rate for workers comp
VARIG EXTENDS STAFF CUTS, MORATORIUM ON PAYMENTS
James Bruce |
Some 2,600 employees of Brazilian flagship airline Varig will receive pink slips this week in the la
TNT EXPRESS RESTRUCTURES MANAGEMENT IN CANADA, US
William Armbruster |
TNT Express Worldwide has restructured its regional management structure for the UnitedStates and Ca
CP RAIL SYSTEM INITIATES MONTREAL STACK SERVICE
Leo Ryan |
CP Rail System has launched a double-stack service between the Port of Montreal and Chicago via a re
HEAVY TRUCK SALES HIT A 15-YEAR HIGH IN APRIL
Michael S. Lelyveld |
Heavy truck sales neared an all-time record in April as the industry advanced to its best performanc
GATX JOINT VENTURE BUYS SPANISH FACILITY
JOC Staff |
Terminales Portuarias SA, (Tepsa), a joint venture between GATX Terminals Corp., Chicago, and Petrof
EU COMMISSION SCRUTINIZES ASIA-EUROPE CAPACITY PLAN
Janet Porter |
Many of the shipping lines running services from Asia to Europe are considering a capacity-managemen
Maritime
US COAL PRODUCTION DECLINES 7 PERCENT
Associated Press |
Domestic coal production totaled 19.9 million tons during the week ending April 30, down 7 percent f
3 INDUSTRY LEADERS RECEIVE INTERMODAL AWARD
Journal of Commerce Staff |
The College of Charleston awarded the 1993 W. Don Welch Medallion to three persons for meritorious c
Maritime
LA-LONG BEACH, EPA DIFFER ON SHIP RULE COMPLIANCE COST
Bill Mongelluzzo |
The cost of moving a container through the nation's busiest port complex is expected to increase und
EGYPTIAN COMPANY LANDS EMIRATES WATER TRANSPORT PACT
Ahmed Al-Jabri |
Societe Egyptienne Entreprise, an Egyptian contracting company, won a major contract in the United A
Maritime
IMPORT LEADS
JOC Staff |
AUDIO EQUIPMENT Audio equipment. Contact: Centro Auxiliares Audivos Rexton, Casilla 17-03-14
Maritime
TRADE STATUS ASIDE, GE TO MOVE AHEAD WITH CHINA VENTURES
P.T. Bangsberg |
Publicly disdaining fears over China's trade status with the United States, General Electric Co. sai
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
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
TEXANS HOSPITALIZED AFTER AMMONIA LEAKTEXAS CITY, Texas - Scores of people had to be
TEAMSTERS STRIKE HITS TACOMA CARGO FIGURES
WILLIAM DiBENEDETTO |
The 25-day Teamsters strike last month lowered cargo container flows though the Port of Tacoma by 21
Maritime
AIRLINES, FORWARDERS ADJUST TO NEW SECURITY REGULATIONS
Bill Mongelluzzo |
Airlines and air freight forwarders are adjusting their operations to comply with Federal Aviation A
EPA SUGGESTS $50 MILLION PLAN TO CLEAN UP WYO. UP PLANT
Associated Press |
The U.S. Environmental Protection Agency is recommending a $50 million cleanup plan for the Union Pa
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 226.61 up 2.50 whi
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC PRODUCTION DECLINED IN APRILLONDON - OPEC crude oil production fell by 350,000
NATIVE AMERICAN-OWNED COMPANY BREAKS NEW GROUND WITH NATURAL GAS
Janet Day |
Red Willow Production Co. makes history with each business day. Every routine transaction - whether
JULY COPPER FUTURES CONTRACT SETS A 14-MONTH HIGH
Knight-Ridder Financial |
Buying fever swept copper futures sharply higher Monday, with the July contract setting a 14-month h
POLAND'S PARLIAMENT EXPECTED TO TOUGHEN TRADEMARK LAW
Journal of Commerce Staff |
An amendment to Poland's trademark law that would make a violation a criminal offense is headed for
Maritime
ANALYSTS SAY MOST COMPANIES WOULD NOT FIGHT GE FOR KEMPER
Reuters |
When General Electric Co. raised its bid to $60 a share for the money- management, brokerage and ins
PRUDENTIAL LAYS OFF 212 AT MD. MORTGAGE UNIT
Associated Press |
In response to rising interest rates and a shrinking mortgage market, Prudential Home Mortgage Co. i
MOBIL ORDERS 2ND DOUBLE-HULL TANKER
Journal of Commerce Staff |
Mobil Corp. said Monday it has ordered its second double-hull supertanker. Last summer, Mobi
Maritime
CONCORDIA PLANNING TO ORDER NEW SHIPS FOR THE FIRST TIME
Janet Porter |
Concordia Maritime AB, the Swedish tanker company that owns a fleet of elderly but pristine supertan
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 9, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
OPEC OFFICIAL: PRICES LIKELY TO STAY LOW THROUGH DECADE
Associated Press |
A high-ranking OPEC official said oil prices are likely to remain depressed until the year 2000, gro
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