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WORK DISRUPTIONS REDUCE OIL OUTPUT IN NIGERIAN FIELDS
Knight-Ridder Financial |
Shell Petroleum Development Co. of Nigeria Ltd. said Wednesday it has lost nearly 100,000 barrels a
CRUCIAL CASE FOR LLOYD'S GOES TO TRIAL IN LONDON
David Chance |
A court case that could seal the fate of the Lloyd's of London insurance market started Tuesday, wit
VT. CAPTIVE GROUP SETS CONFERENCE
Journal of Commerce Staff |
The Vermont Captive Insurance Association will hold its ninth annual conference Aug. 16-19 at the Un
SOUTH KOREA'S EXPORTS OF ETHYLENE, POLYETHYLENE JUMPED LAST YEAR
Knight-Ridder Financial |
South Korea's ethylene and polyethylene exports jumped year-on-year in 1993, while imports dragged,
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
Apr. 27, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
TRADE EMBARGO GROUNDS HAITIAN COFFEE EXPORTS
John Collin |
The embargo of Haiti is having a devastating impact on what remains of the country's once flourishin
GRAIN TRADERS SEE CHINA AS KEY TO FUTURE RECOVERY
Gareth Jones |
China is widely believed to hold the key to a recovery in the world's ailing wheat trade, as its pop
US EXPECTED TO SLAP "PIRATE' LABEL ON ARGENTINA
John Maggs |
The Clinton administration on Friday is expected to brand Argentina as a pirate country for condonin
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
SPOT PRODUCT PRICES
JOC Staff |
Apr. 26, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
API WEEKLY REPORT US GASOLINE INVENTORIES CLIMB KNIGHT-RIDDER FINANCIAL
JOC Staff |
U.S. inventories of gasoline rose 4.3 million barrels during the week ended April 22 compared with t
PEMEX REPORTS SUCCESS IN DRILLING NEW WELLS
Kevin G. Hall |
The state-owned Mexican oil company Petroleos Mexicanos reports that new drilling initiatives in the
LASMO: ANY BID BY ENTERPRISE IS UNWELCOME
Knight-Ridder Financial |
Lasmo PLC, the U.K. oil exploration and production company, said Wednesday any offer by Enterprise O
AGENCY DENIES COMPANY'S REQUEST TO MINE COAL UNDER KENTUCKY FOREST
Knight-Ridder Newspapers |
Kentucky's mining agency has knocked down a request by a company to mine coal beneath Lilley Cornett
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
BENZENE PRICE CLIMB BEGINNING TO ABATEThe increase in benzene's price appears to be
SPOT COMMODITIES
JOC Staff |
Apr. 27, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
NICKEL INDUSTRY EXPECTS US RECOVERY TO BOOST DEMAND, DRIVE UP PRICES
K.T. Arasu |
The international nickel industry, hurt by oversupply and poor prices, sees brighter days ahead.
NYMEX CHIEF SAYS HE'S READY TO MEET CHALLENGE FROM LME
Knight-Ridder Financial |
Daniel Rappaport, chairman of the New York Mercantile Exchange, said the exchange will use all its r
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 DOLLAR MOVES LOWER DESPITE GERMAN RATE CUT
Alan Zimmerman |
The U.S. dollar declined Wednesday despite news that Germany lowered its securities repurchase rate
US-NORDIC DISPUTES DOMINATE GATT DUMPING MEETING US ACCEPTS SALMON REPORT, BLOCKS OTHERS
John Zarocostas |
The United States Wednesday adopted a long-standing trade panel report that ruled that the U.S. impo
Maritime
PORT STRIKE HITS EXPORTS FROM INDIA
Special to The Journal of Commerce |
The strike by dock labor at the Port of Calcutta has hit exports valued at 2 billion rupees (US$64 m
Maritime
TRANSPORT CALENDAR
JOC Staff |
Air Cargo Association. April 28. Luncheon address by Richard Klenk, vice president of Leher, McGover
TRANSPORT BRIEFS
From Wire and Staff Reports |
PACCAR POSTS 59 PERCENT JUMP IN 1ST-QUARTER PROFITBELLEVUE, Wash. - Truck maker Pacc
SANTA FE SETS INTERMODAL RECORD
Journal of Commerce Staff |
Atchison, Topeka & Santa Fe Railway Co. reported record volume in March for its intermodal business
CARGO SWAMPS NON-UNION LTL CARRIERS HIGH VOLUME SLOWS DELIVERIES
Gregory S. Johnson |
Regional and less-than-truckload carriers untouched by a Teamsters strike that has shut down nine ma
EXPORTERS IN GERMANY BACK CHANGE IN INSURANCE
Miriam Widman |
German exporters are backing their government's decision to change its export credit insurance progr
SHIPPERS EXHAUST CONTINGENCY PLANS AS STRIKE SHOWS NO SIGNS OF ENDING
Gregory S. Johnson |
Plagued by a Teamsters strike that has moved into its fourth week with no relief in sight, U.S. ship
VICTORIA-SEATTLE FERRY GETS TRIAL RUN
Associated Press |
The British Columbian government's Royal Victorian ferry link between Victoria and Seattle will get
Maritime
STALLED MIDDLE EAST PEACE PROCESS PUTS INVESTMENTS ON HOLD
Tom Hundley |
The Culligan Men have more than a passing interest in the Middle East peace process. Take a
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
GREEK SEAFARERS WON'T STRIKE OVER TAX REFORM, OFFICIAL SAYS MINISTER REBUTS REPORTS OF PROTEST
Alan Abrams |
Anger over tax increases on Greek seafarers sailing on nearly 3,000 ships will not lead to a crippli
Maritime
PHILIPPINE COMPANY PLANS TO ADD LARGER SHIPS IN ASIA-US TRADE
Journal of Commerce Staff |
The new owners of the National Shipping Corp. of the Philippines are developing plans to introduce l
Maritime
WYOMING ENVIRONMENTALISTS URGE BIGGER FEDERAL ROLE IN COAL SECTOR
Associated Press |
Federal oversight of Wyoming's coal reclamation program is needed because state regulators and polit
INSURANCE EARNINGS
From Wire and Staff Reports |
A&A REPORTS DROP IN OPERATING INCOMENEW YORK - Alexander & Alexander Services report
PARAGUAYAN INSURERS OPPOSE REFORM PLANS
Paula L. Green |
The Paraguayan insurance industry is still at odds with the government over portions of a proposal t
RUSSIA-CHINA TRADE SEEN ALMOST DOUBLED BY 2000
Grigori Gerenstein |
Russia's trade with China is expected to almost double by the year 2000, with Beijing becoming Mosco
Maritime
D'AMATO BID FOR FIRST LADY'S TRADING RECORDS HITS IMPASSE
Chicago Tribune |
The chairman of the Chicago Mercantile Exchange said he was barred under exchange rules and those of
LA MAYOR ENDS SUPPORT FOR DIVERSION OF PORT FUNDS
Bill Mongelluzzo |
Shipping executives breathed a sigh of relief Tuesday when the deputy mayor of Los Angeles announced
Maritime
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