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US MAY IMPOSE QUOTA ON KUWAITI TEXTILES
Robin Bulman |
Armed with a report alleging that a "significant" portion of U.S. imports of Kuwaiti textiles and ap
ELECTION COULD SETTLE FATE OF ROTTERDAM RAIL LINK
Bruce Barnard |
The fate of a $4 billion rail freight corridor linking the Port of Rotterdam and Germany's Ruhr indu
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of April 22, 1994* Country Category Description
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 25, 1994Brent Crude Oil - (Dollars Per Barrel)
PRODUCERS EXPECT GAS DEMAND IN TEXAS TO FALL 1.8 PERCENT DURING MAY
Michael J. Strauss |
Demand for natural gas produced from 168 Texas gas fields is expected to fall 1.8 percent in May fro
OIL MINISTER SAYS OMAN WILL RESCIND OUTPUT CUT
Reuters |
Oman has rescinded its 5 percent oil output cut in light of OPEC's decision last month not to reduce
ANTI-REDLINING RULES GET GREEN LIGHT IN CALIFORNIA
From Wire and Staff Reports |
Ground-breaking regulations proposed by Insurance Commissioner John Garamendi to identify discrimina
THALIDOMIDE MAY HELP IN FIGHTING BLINDNESS
Reuters |
Thalidomide, the drug blamed for deformities in hundreds of babies born three decades ago, may help
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Apr. 22, 1994.
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
GATT FOE HOLLINGS IN PIVOTAL BUDGET ROLE
John Maggs |
The fractious politics surrounding a new world trade agreement have spilled over into what was suppo
CURRENCY MART IN SOUTH AFRICA REMAINS FIRM DESPITE BOMBS
Sean Ross |
Contrary to dealer expectations, South Africa's currency markets Monday remained relatively firm fol
TRADE TALK - ROSALIND MCLYMONT ENVIRONMENTAL CONCERNS NOW FIRMLY EMBEDDED IN WORLD TRADE DIALOGUE
Rosalind McLymont |
The terms "sustainable development" and "environment" are now firmly planted in today's dialogue on
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
GREAT LAKES CHEMICAL BUYS ITALY'S ENICHEMWEST LAFAYETTE, Ind. - Great Lakes Chemical
ILWU ISSUES CALL FOR A RETURN TO ITS ROOTS
Bill Mongelluzzo |
Anyone who longs for the days when trade unionism was synonymous with activism and militancy would h
Maritime
CHINA OUTLINES PRESSING NEEDS ON PATH TO GOVERNMENT REFORM 3 AREAS HIGHLIGHTED FOR URGENT ATTENTION
P.T. Bangsberg |
Several thorny problems need to be tackled urgently to speed China's government reforms, senior offi
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
SMOOTH ROAD EXPECTED FOR INDIAN AUTOMAKERS
N. Vasuki Rao |
An agreement between Tata Engineering and Locomotive Co. and Mercedes-Benz AG of Germany signals bet
Maritime
TEAMSTERS, CF MANAGEMENT CONDUCT WAR OF WORDS AT ANNUAL MEETING
Brian Johns |
Striking members of the Teamsters Union sparred with management of one of the nation's top trucking
BOSTON REVIVES MEASURE TO TAX MASSPORT TENANTS
Michael S. Lelyveld |
A breakdown in negotiations between the Massachusetts Port Authority and the city of Boston has led
TRADE BRIEFS
Wire and Staff Reports |
SENTENCING SET FOR 13 IN BCCI SCANDALABU DHABI, United Arab Emirates - Thirteen bank
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 25, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
ALASKAN SHIPPERS PROTEST PLANS BY SHIP LINES TO BOOST RATES
Gregory S. Johnson |
For the second time in four months, Alaskan shippers are protesting Sea-Land Service Inc.'s and Tote
RUSSIA SUSPENDS NEW LICENSES FOR OIL EXPORTS
Grigori Gerenstein |
The Russian Foreign Economic Relations ministry said Monday it is suspending new licenses for the ex
VENTURE TO OFFER PACKAGES FOR CONTAINER OPERATORS
Wire and Staff Reports |
Three companies that specialize in services to the transport industry are joining forces to offer co
GROUP EXPECTS THAILAND TO BECOME TIN IMPORTER
Knight-Ridder Financial |
Thailand's Mining Industry Council has forecast Thailand as a tin importer within five years, the Ba
BEEF EXPORTERS EXPECT TARIFFS TO FALL AS GATT TAKES HOLD
Journal of Commerce Staff |
New Zealand beef exporters are unhappy about the high tariffs they face in Mexico compared to their
ALUMINUM CUTS IN RUSSIA LIKELY TO FALL SHORT OF GOAL
Grigori Gerenstein |
Russia is not likely to meet its agreed target to cut aluminum production by 300,000 metric tons (33
FRANCE, SHIPOWNERS SEEK MORE PRIVATE INVESTMENT
Tara Patel |
French shipowners and government officials have in recent weeks stepped uppressure for chang
Maritime
SUNY SHIP RETURNS FROM 3-MONTH STINT IN SOMALIA
Peter M. Tirschwell |
Back on Jan. 3, officials at the SUNY Maritime College in the Bronx received a call that set into mo
Maritime
MARITIME DAMAGES CASE RETURNED TO APPEALS COURT FOR REVIEW
WILLIAM DiBENEDETTO |
The Supreme Court on Monday accepted a maritime damages case, and then immediately returned it to a
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +6.764/19 98.7 4/20 98.6 4/21 98.6
COST OF CREDIT
JOC Staff |
Monday, April 25, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
SUTHERLAND CONFIRMS PLANS TO LEAVE GATT POSITION
John Zarocostas |
Peter Sutherland, director-general of the General Agreement on Tariffs and Trade, told trade envoys
MEXICAN FIRM TO MARKET US-MADE CARGO SYSTEM
Kevin G. Hall |
A Texas firm specializing in high-tech cargo security has signed a letter of intent with Mexico's la
TRANSPORT BRIEFS
From Wire and Staff Reports |
BOEING SAYS EARNINGS FELL IN 1ST QUARTERCHICAGO - Boeing said Monday that its first-
BRITISH AIRWAYS DISCUSSES LATIN LINK VIA MIAMI
Knight-Ridder Newspapers |
British Airways is talking to Latin American carriers about joint creation of a Miami hub where pass
JIANGXI CORRIDER MAKES RAPID ECONOMIC STRIDES
Journal of Commerce Staff |
Officials in southeastern Jiangxi province said the Nanchang-Jiujiang industry corridor has made rap
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
SOUTHWEST MAY BE CUT FROM GALILEO SYSTEMDALLAS - The airline industry's second-large
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