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ENERGY OUTLOOK - DALE STEFFES MAJOR OIL COMPANIES KEEP HERD MENTALITY FOR EXPLORATION
Dale Steffes |
The major oil companies of the world tend to herd together in their thinking and actions. Once a str
US COMPANIES FIND CORRUPTION A COMPETITOR
Special to The Journal of Commerce |
U.S. companies are increasingly losing business abroad as foreign companies unhindered by U.S. anti-
Maritime
US FIRMS SHIFT STRATEGY, PUSH FOR ANTI-CORRUPTION LAWS ABROAD
P.K. Semler |
Reports of kickbacks paid by British companies to Malaysian officials in exchange for construction c
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 15, 1994 Quotations are based on prices reported in the market or obtained from s
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
SANDALWOOD SUPPLIES LOW, MARKETERS SAYAuctioned supplies of sandalwood, generally fr
PRIVATIZATION MAY SPUR CAMBODIA RUBBER REBOUND
Robert Birsel |
Plans to privatize Cambodia's rubber industry have fired hopes that the once- flourishing industry w
SPOT COMMODITIES
JOC Staff |
Apr. 15, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 222.36 off 0.24 which compares
JAPAN'S COPPER SMELTERS SHRUG OFF GATT ACCORD
Minoru Koshida |
The signing of a world trade accord on Friday set the clock ticking on Japan's high copper tariffs,
NEWS OF LARGE BRAZILIAN SALE MAY ROCK COFFEE FUTURES
David Townsend |
News that Brazil will sell 2.4 million bags of coffee stocks in May-August to domestic roasters and
BALTIC FREIGHT INDEX
JOC Staff |
1279 (Apr. 15, 1994) Previous day - 1263 The Baltic International Freight Futures Market in
Maritime
US MAY RELAX INDONESIAN WHEAT CURBS
Knight-Ridder Financial |
The United States may weaken its policy of not targeting Indonesia for subsidized wheat sales, a sta
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
Apr. 15, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BARGE ACCIDENT DAMAGES COLUMBUS REPLICAS
George F.W. Telfer |
Replicas of two Christopher Columbus ships were extensively damaged in the Port of Corpus Christi af
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
INDIA'S PORT OF PARADIP ENTERS NEW ERA, WELCOMES 1ST OIL TANKER
N. Vasuki Rao |
The Port of Paradip on the east coast last week received its first oil tanker, ending its isolation
Maritime
JAMAICA PLANS EXPANSION OF CONTAINER TERMINAL
Canute James |
An increase in business by the container terminal of Kingston's Port Bustamante has led to planned e
Maritime
HONG KONG BOXPORT OPERATOR EXPANDS CROSS-BORDER HORIZONS
P.T. Bangsberg |
Given the boom in China's trade, much of it routed via Hong Kong, the largest containerport operator
Maritime
ECUADOR LURES INVESTORS AFTER '93 REFORMS
Charles W. Thurston |
Bankers and government officials in Ecuador say they expect record new foreign investment over the n
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
TOLL REVENUE RISES ON THE PANAMA CANALNEW YORK - Panama Canal toll revenue rose 4.6
Maritime
LABOR AND "GREEN' RULES THREATEN TRADE ACCORDS
John Maggs |
Before the ink on a new world trade pact has had time to dry, a controversy over raising internation
Maritime
FUTURE UNCLEAR FOR NEGOTIATIONS ON JAPAN TRADE SURPLUS WITH US HATA TO FOCUS ON HOME FRONT
Keith M. Rockwell |
When U.S. Trade Representative Mickey Kantor and Japanese Foreign Minister Tsutomu Hata failed to ag
Maritime
KAZAKHSTAN, UK FIRM TO RAISE FUNDS FOR PHONE NETWORK
Geoff Winestock |
Kazakhstan's state-owned communications company has formed a joint venture with Salomon Brothers (U.
Maritime
MOTORCYCLES, CHINA IMPORTS OUTRUN VIETNAM BICYCLES
John Whitesides |
Vietnam, where the bicycle has long been the traditional means of transportation, has seen its state
Maritime
SRI LANKA'S INFRASTRUCTURE OPEN TO FOREIGN INVESTMENT
Feizal Samath |
Sri Lanka, trudging slowly toward status as a newly industrialized country, has opened its entire in
Maritime
PRICE-CUTTING EFFORT BY STORE GROUP IN JAPAN MAY HELP US EXPORTERS
Robin Bulman |
U.S. exporters of consumer goods could benefit in a big way from a move by Japan's largest supermark
Maritime
LABOR DEPARTMENT TO REVIEW CHARGES OF NAFTA VIOLATIONS
Tim Shorrock |
The U.S. Labor Department has agreed to review charges from two labor unions that General Electric C
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CANADA SAYS 4 NATIONS DUMPED CARBON STEELWINNIPEG - Revenue Canada issued a final ru
Maritime
MEXICO PROBES ALLEGED JAPAN SULFURIC ACID DUMPING
Kevin G. Hall |
The Mexican government launched an investigation into alleged unfair trade practices by Japanese exp
Maritime
LEADERS ACT TO STRENGTHEN EX-SOVIET COMMONWEALTH
From Wire Reports |
Leaders of the Commonwealth of Independent States adopted a series of measures Friday to boost trade
Maritime
ACCOUNT SURPLUS GROWS IN SPAIN
Knight-Ridder Financial |
Spain posted a preliminary current account payments surplus of 41.5 billion pesetas (US$298 million)
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +6.304/11 97.74/12 97.94/13
"BORIS' BONDS IN RUSSIA ENTICE $200 MILLION FROM FINANCIERS
Elif Kaban |
Who could resist the temptation of a Russian investment that is nicknamed ''Boris" and offers fat yi
CHINA RELAXES RESTRICTIONS COVERING FOREIGN ACCOUNTANTS
Reuters |
China said it will allow foreign accountants to take local certification exams in a move that Hong K
PARIS CLUB CUTS POLAND'S DEBT
Reuters |
The Paris Club of Western governments cut Poland's $33 billion official debt by $8 billion, PAP news
COST OF CREDIT
JOC Staff |
Friday, April 15, 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
US DOLLAR WILL BE DRAGGED DOWN AS YEN MOVES HIGHER, TRADERS SAY
Gordon Platt |
The Japanese yen cleared several hurdles last week and could make a run at the 100 to the dollar lev
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
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