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FMC MEMBER SEES SIGNS OF RESOLUTION IN TAA FIGHT
Janet Porter |
In one of the first concrete indications of how the dispute between the Trans- Atlantic Agreement an
MEXICO CUTS NATURAL GAS IMPORTS, BUT DEMAND STILL EXPECTED TO GROW
Martin Langfield |
Mexico, which as recently as last year looked to be facing an ever-rising bill for natural gas impor
DECEMBER TRADE GAP NARROWED SHARPLY DEFICIT FOR YEAR IS WORST SINCE '88
Richard Lawrence |
The merchandise trade gap narrowed sharply in December but not enough to prevent the United States f
MOBIL TO RETURN TO INDIAN MARKET IN VENTURE WITH STATE OIL REFINER
N. Vasuki Rao |
Mobil Corp. of Fairfax, Va., announced agreement for a joint venture with Corp. Ltd., the country's
FLA. PLANT TO USE SUGAR TO GENERATE ELECTRICITY
Knight-Ridder Newspapers |
South Florida's newest power plant won't consume coal, oil or uranium. It won't even be owned by Flo
GREEN PARTY SEES RED, DELAYS RUSSIAN PORT PROJECT
Juliette Rossant |
Russia's budding environmental movement has helped stop a $2 billion project to build a major port d
JAPANESE BARRIERS UPSET US MAKERS OF MEDICAL DEVICES
Robin Bulman |
The United States can rightfully claim half of the world's $93 billion market for medical devices an
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
AUSTRALIAN STEVEDORES HAND OUT PINK SLIPSCANBERRA, Australia - The dock strike that
Maritime
PORT OF SEATTLE REMAINS PROFITABLE AS DIRE PREDICTION PROVES OFF BASE
John Davies |
The Port of Seattle finished 1993 with a $4 million profit instead of the $8 million loss that it ha
Maritime
INSURERS WIN LAWSUIT OVER MINN. COMP REFUND
Scott Carlson |
Some 20 insurance companies and their subsidiaries have won a federal lawsuit giving them rights to
GE AWAITS ROLE IN SAUDI JET ORDERS
Associated Press |
As one of the nation's two primary aircraft engine makers, General Electric Co. is waiting to see ho
GERMAN STATE SEEKS USE FOR FORMER US AIR BASES
William Armbruster |
The German state of Rheinland-Pfalz is seeking civilian uses for four former U.S. military air bases
BILL WOULD PROTECT LABOR IN SALE OF SHORT LINES
WILLIAM DiBENEDETTO |
Recently introduced legislation opposed by the railroad industry would force the railroads to protec
HONG KONG EXPORTS FALL, RE-EXPORTS SURGE 19 PERCENT
P.T. Bangsberg |
Re-exports continued to set the pace of Hong Kong's trade last year, as they have for several years,
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
ESTIMATES CONFIRM DROP IN WORLD GRAIN OUTPUTLONDON - Latest estimates confirm a shar
THE ECONOMY
Bureau of Labor Statistics; Knight-Ridder Tribune |
CONSUMER PRICES Change (adjusted) Dec. Jan.Food +0.5% -0.1%Hou
IMF DIRECTOR CONSIDERS TRIP TO MOSCOW TO PUSH REFORMS
Reuters |
Michel Camdessus, International Monetary Fund managing director, may visit Moscow early next week in
SOUTH KOREAN OIL COMPANIES MAY LOWER NAPHTHA PRICE
Jean Yoon |
South Korea's five oil companies are considering lowering the domestic naphtha price by linking it t
VENEZUELA PLANS TO REOPEN FAILED BANK, MINISTER SAYS
Katherine Hutt |
The government intends to pare down and reopen the country's second-largest bank, which collapsed la
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
ENERGY BRIEFS
From Wire and Staff Reports |
GM PROBES RUPTURES OF NATURAL GAS TANKSDETROIT - General Motors Corp. said Wednesday
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 17, 1994 Prevailing sellers' posted prices at the close of business, represent
DECEMBER EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs. Value Prior 2 Mos. 1992 1991Mil. $ Mo. Back
Maritime
AIRBUS CHARGES US VIOLATED GATT IN SAUDI DEAL
Tara Patel |
Airbus Industrie, the European aircraft consortium, Thursday accused the U.S. government of violatin
RIVAL UNIONS TO CREW SHIPS CHARTERED BY LYKES BROS. DECISION TAKES MEBA DIVISIONS, MM&P BY SURPRISE
Tim Shorrock |
Four new U.S.-flag containerships that Lykes Bros. Steamship Co. will charterfrom a German s
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
HOME STILL REVAMPING; STAFF CUTS EXPECTEDHome Insurance Co. is continuing to restructure its
INDIA GETS $282 MILLION FOR SOCIAL, HEALTH PROJECTS
Associated Press |
New help is on the way to blind people, urban poor and lepers in India. The World Bank has a
TRANSPORT BRIEFS
From Wire and Staff Reports |
6 KILLED, 26 INJURED IN INDIA TRAIN WRECKNEW DELHI, India - An express train plowed
DUTCH UNEMPLOYMENT CLIMBS TO 7.5 PERCENT
Knight-Ridder Financial |
The number of registered jobless in the Netherlands rose to 480,000 from November to January, up 116
COST OF CREDIT
JOC Staff |
Thursday, Feb. 17, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
UZBEKISTAN MAKES MOVES TOWARD OPEN ECONOMY
Knight-Ridder Financial |
Uzbekistan has taken unprecedented steps toward increasing foreign investment, relaxing trade restri
SPOT PRODUCT PRICES
JOC Staff |
Feb. 17, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -0.052/11 95.82/14 95.42/15
GASOLINE PRICES
JOC Staff |
Feb. 17, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SWISS TO VOTE ON BAN OF TRUCKS IN THE ALPS
John Zarocostas |
In a test of environmental concerns vs. economic realities, Swiss voters on Sunday will decide wheth
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 REPORT PRAISES US FOR POLICIES ON FREE TRADE
John Callcott |
The General Agreement on Tariffs and Trade generally gave the United States good marks Thursday for
Maritime
EMIRATES INCOME UP 1.1 PERCENT IN '93
Associated Press |
The national income of this federation of emirates rose by 1.1 percent last year to 131.6 billion di
TWO LINES INCREASE SERVICE TO AUSTRALIA/NEW ZEALAND
Bill Mongelluzzo |
Two conference lines in the United States-Australia/New Zealand trade this week increased their serv
Maritime
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