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JORDAN AIMS TO EASE FEARS OVER IRAQI PORT
Knight-Ridder Financial |
Jordan is seeking to allay fears that the reopening of the Iraqi port of UmQasr would hit im
Maritime
NEW WAVE OF PIRATE ATTACKS SEEN SWELLING OFF CHINA
P.T. Bangsberg |
After several months of comparative calm, incidents of piracy appear to be picking up in the South C
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
EU REJECTS DILUTION OF MARITIME DRAFT LAWBRUSSELS - The European Commission, the EU'
Maritime
COAST GUARD TO REVIEW LOUISIANA'S 1-PILOT POLICY
Associated Press |
Ferries and excursion boats currently can ply the waterways here with only one pilot aboard, but a r
Maritime
SHIPYARD SUBSIDY TALKS BEGIN TODAY IN PARIS
Tara Patel |
Negotiators from nearly 20 countries will meet here starting today for a week of talks that represen
Maritime
EU OFFICIALS CRITICIZE KANTOR FOR STATEMENTS ON TRADE POLICY
Simon Hall |
The European Commission sharply criticized attacks on its trade policies by U.S. Trade Representativ
Maritime
TAIWAN SLAMS CENTRAL BANK OVER HANDLING OF RATE CUT
Drew Torchia |
The Taiwan government's highest watchdog body formally censured the central bank on Wednesday for th
DOLLAR MIXED AS TRADERS SHRUG OFF FED REPORT
Alan Zimmerman |
The U.S. dollar was mixed Wednesday, softening slightly and then rebounding, on the latest Federal R
FOREIGN INVESTMENT RISES IN PHILIPPINES
From Wire Reports |
Foreign equity investments in the Philippines were 3.3 billion pesos (US$119 million) in the first t
JAPANESE SHIPBUILDERS WITHSTAND SOUTH KOREAN SURGE, OFFICIAL SAYS
Mark Magnier |
The head of one of Japan's largest shipbuilders said the nation's shipbuilding industry remains stro
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
ROYAL CARIBBEAN CRUISES DROPS ADVERTISING FIRMGreenstone Roberts Advertising said Royal Cari
Maritime
MARAD WANTS TO FREE UP LOAN-GUARANTEE FUNDS
WILLIAM DiBENEDETTO |
The Maritime Administration is eager to use $144 million available in ship construction loan-guarant
Maritime
SWISS BANK CORP. SEES PROFIT JUMP
Knight-Ridder Financial |
Swiss Bank Corp., one of the country's largest bank, Wednesday said net profit in 1993 was 1.365 mil
ORDERING SLUMP HITS VLCC PRICES
Journal of Commerce Staff |
A slump in new ordering activity continues to push down the price of supertankers. The cost
Maritime
HYUNDAI CHARTS COURSE FOR EXPANSION IN PACIFIC
John Davies |
Hyundai Merchant Marine, a rapidly growing South Korean container line, says its new string of ships
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
LOUISIANA BARGE FIRM SETTLES FMC CHARGESWASHINGTON - Bordelon Bros. Towing Co., of L
Maritime
OFFICIALS: CUSTOMS' PLAN IN NJ LACKS COORDINATION
Alan Abrams |
With less than a month remaining before U.S. Customs plans to centralize its northern New Jersey ins
Maritime
PORT OF HOUSTON PAYS DEVELOPER TO MARKET NAVIGATION SYSTEM
Peter M. Tirschwell |
The Port of Houston is paying the developer of an electronic navigation system to market the system
Maritime
EU SPLIT OVER SHIPYARD AID AS OECD PARIS MEETING NEARS
Bruce Barnard |
The European Union has failed to narrow its differences over a global accord outlawing shipyard subs
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +2.093/3 96.7 3/4 96.7 3/7 96.2
PROTEST GROUP CLEARS AID FOR CUBA AT MEXICO-US BORDER CROSSING
Kevin G. Hall |
Demonstrators against the U.S. trade embargo with Cuba cleared more than 150 tons of humanitarian ai
Maritime
TRADING WITH HONDURAS WIDE RANGE OF EXPORTS KEY TO GROWTH IN HONDURAS
Kenneth Wolf |
Honduras is banking on diversifying - both its export products and its export markets - to build up
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 9, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Mar. 9, 1994 Prevailing sellers' posted prices at the close of business, represent
API WEEKLY REPORT CRUDE INVENTORIES ROSE ON WEEK
Journal of Commerce Staff |
Crude petroleum inventories rose by 8.5 million barrels during the week ended Mar. 4 compared with t
COAL DROVE REBOUND IN RAIL CARGO IN FEBRUARY
Lawrence H Kaufman |
America's railroads, slowed by winter storms in January, have returned to the fast track with carloa
INDONESIA TO BUY 2 MILLION BARRELS OF GAS OIL FOR APRIL, TRADERS SAY
Knight-Ridder Financial |
Indonesia will soon move to buy April cargoes of distillate fuel oil, which will total more than 2 m
ENERGY BRIEFS
From Wire and Staff Reports |
FRANCE, 2 COMPANIES PLAN ADDITIVE REFINERIESPARIS - French Farm Minister Jean Puech
IRAN EXPECTED TO SUPPORT ROLLOVER OF OPEC CEILING
Mona Megalli |
Iran reluctantly will go along with a rollover of OPEC's 24.52 million- barrel-a-day ceiling into th
PHILIPPINES PINS HOPES ON OFFSHORE OIL BONANZA
Rene Pastor |
In the inky gloom on the ocean floor, Neil Francis gingerly guides a drill bit into a small hole in
4 OIL COMPANIES SUE IN CALIFORNIA TO BLOCK DIESEL VARIANCE FOR TOSCO
Bill Mongelluzzo |
Four oil companies filed a petition asking the California Superior Court in Sacramento to set aside
EMPLOYMENT INDEX RISES IN AUSTRALIA
Knight-Ridder Financial |
The Australian government's leading indicator of employment rose in January, the Department of Emplo
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
RECYCLED CONVERTERS SEEN RISING IN EUROPEFRANKFURT, Germany - The volume of European used-ca
BOOM IN BASE-METAL USE SEEN IN SOUTHEAST ASIA
Rajan Moses |
Booming Southeast Asian economies with expanding construction, telecommunication, packaging and elec
JUMP IN CORN PLANTINGS LIKELY TO BOOST FERTILIZER DEMAND
David Mace |
Strong corn prices amid the tightest U.S. stocks in nearly 20 years and a 0 percent set-aside will b
CHINA'S ALUMINA GLUT MAY SLOW '94 IMPORTS
Bill Savadove |
China's overhanging supply of alumina and possible price cuts by domestic producers likely will put
SPOT COMMODITIES
JOC Staff |
Mar. 9, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
BANKER TOUTS SILVER OUTLOOK AT GOLD MEETING
Knight-Ridder Financial |
Silver prices have a better chance than gold of rising this year, David Pryde, managing director for
THREAT OF LOGAN LAWSUIT SPARKS MASSPORT DISPUTE
Michael S. Lelyveld |
A threatened lawsuit over plans to upgrade Logan International Airport has sparked controversy betwe
US INVENTORIES POST 0.4 PERCENT DECLINE
Knight-Ridder Financial |
Inventories of U.S. wholesale merchants posted their biggest decline in nearly three years, falling
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