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LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 9, 1994Brent Crude Oil - (Dollars Per Barrel)__
DAILY PETROLEUM PRICES
JOC Staff |
Monday May 9, 1994 Prevailing sellers' posted prices at the close of business, representing
VIETNAMESE FIELD FAILS TO FULFILL BHP EXPECTATIONS
John Rogers |
Australia's Broken Hill Pty. Co. (BHP) said Monday that production will start next October from its
DOLLAR FALLS AS FED FAILS TO INCREASE DISCOUNT RATE
Susan Kelly |
The U.S. dollar declined against the deutsche mark Monday amid some disappointment that the Federal
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +9.685/3 99.15/4 99.65/5
JAPANESE TRADE SURPLUS HITS RECORD $142.8 BILLION
Mark Magnier |
Japan said Monday it had a record $142.8 billion trade surplus for the fiscal year ended March 31, 1
Maritime
AUSTRALIA SAYS US CONTROLS ON IMPORTS WIDEN DEFICIT
Reuters |
Australia's trade deficit with the United States is widening because of the import barriers Washingt
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
TRANSAMERICA CORP. PLANS STOCK BUYBACKNEW YORK - Transamerica Corp. said it will buy
WORLD'S TELECOM GIANTS BATTLE OVER PHILIPPINES MARKET SEEN SECOND ONLY TO CHINA'S
Cecilia Quiambao |
It's a sellers' market in the Philippines for the world's telecommunications giants as a host of new
Transport, Trade and Regulation News
INSURANCE EARNINGS. BRIEFS.
Wire and Staff Reports |
GEICO REPORTS DECLINE IN OPERATING INCOMEWASHINGTON - Geico Corp. reported that firs
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
GAO REPORT TAKES FRA TO TASK ON TRACK INSPECTION, RECORD-KEEPING
Rip Watson |
A congressional investigating agency has attacked Federal Railroad Administration safety practices a
CHINA PLANS TO BUILD REFINERIES, ETHYLENE PLANTS
Knight-Ridder Financial |
China is planning to build "several" new refineries and ethylene plants, the official China Daily ne
FREIGHT RATE FUTURES
JOC Staff |
May 9, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SPOT PRODUCT PRICES
JOC Staff |
May 9, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
BRAZILIAN CARRIER NAMES CANADA AGENT
Journal of Commerce Staff |
The Brazilian carrier, Nacional Line, announced the appointment of McLean Kennedy as its agent for t
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending May 6, 1994. Un
JAPANESE DUBIOUS OF SAUDI BID ON VENTURE
Masayuki Iwahashi |
Japanese sources are skeptical about how Saudi Arabia's formal request to Japan to resume an abandon
JOURNAL OF COMMERCE - FAST FACTS INDEX OF EXECUTIVES' OPTIMISM IN FRANCE
Dun & Bradstreet Corp. |
No story.
AGAINST THE ODDS: BELARUS BANKERS BET ON MINSK
Milan Ruzicka |
Bankers in Belarus, one of the largest republics in the European part of the former Soviet Union, ho
PEOPLE - MARITIME
From Wire and Staff Reports |
CROWLEY AMERICAN TRANSPORT INC. (Jacksonville, Fla.) - The liner subsidiary of Crowley Maritime Corp
Maritime
GERMAN CANDIDATE SEEKS END TO EU AGRICULTURE PROGRAM
Miriam Widman |
Manfred Brunner, a controversial German politician who once was a top aide in the European Union, is
BRITISH CONSUMER CREDIT GREW IN MARCH FROM FEBRUARY
Knight-Ridder Financial |
The net change in U.K. consumer credit was a rise of UK516 million (US$768.84 million) in March foll
US AND MEXICO AGREE ON PLAN FOR ENVIRONMENT UNDER NAFTA
Kevin G. Hall |
Meeting for the first time since enactment of the North American Free Trade Agreement, Cabinet offic
Maritime
TEXAS POSTS SHARP GAIN IN MERCHANDISE EXPORTS
Kevin G. Hall |
Merchandise exports from Texas grew sharply in 1993 and exceeded the national export growth rate of
Maritime
BUSINESS LEADER EXPECTS LIMITS ON CHINA MFN
Allen Wan |
China has a better-than-even chance of winning renewal of its U.S. trade privileges but partial sanc
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
SAUDI ARAMCO MAY CUT JAPANESE CRUDE SALESNICOSIA, Cyprus - Some of Saudi Aramco's Ja
FMC TO CANCEL TARIFFS OF 19 CONSOLIDATORS
Journal of Commerce Staff |
The Federal Maritime Commission today will cancel the ocean freight rates of 19 consolidators that m
Maritime
STUDY BY GERMAN SHIP LINES SHOWS FOREIGN FLAGS ARE SAFER
Special to The Journal of Commerce |
German-owned ships sailing under a non-German flag have experienced fewer accidents in the last thre
Maritime
SPOT COMMODITIES
JOC Staff |
May 9, 1994 Included are list prices of suppliers. Quotations do not necessarily represent p
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 9, 1994 Quotations are based on prices reported in the market or obtained from sup
TRADERS TO EXIT MARC RICH, ESTABLISH NEW SWISS FIRM
Knight-Ridder Financial |
A number of senior employees from Swiss-based commodity trader Marc Rich & Co. said Monday they are
MARITIME BRIEFS
From Wire and Staff Reports |
DEPORTATION OF STOWAWAYS NEARS IN WAKE OF RULINGA federal appeals court has cleared the way
Maritime
CHINA CALLS PRICE-FIXING MOVE TEMPORARY
Andrew Browne |
Beijing's move to fix gasoline and diesel prices is a temporary measure to fight inflation and will
COAL TERMINAL REPORT
JOC Staff |
May 9-15, 1994 This table shows the vessels scheduled to call at U.S. coal terminals andthe
BRAZIL PRESIDENT SETS JULY 1 FOR LAUNCH OF NEW CURRENCY
Patricia Saldanha |
Brazilian President Itamar Franco Monday announced that the nation's new currency, the real, will be
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
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CAROLINA FREIGHT CARRIERS CORP. (Cherryville, N.C.) - Douglas D. Williams was promoted from director
INSIDE TALK - ALLEN WASTLER IT WAS A PICKET LINE THEY REALLY DIDN'T WANT TO WALK
Allen Wastler |
Teamsters at Sea-Land Service Inc. terminals on the West Coast didn't really want to be on the picke
Maritime
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