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MG NAMES INTERIM HEAD OF US MINING SUBSIDIARY
Tony Mercandetti |
MG Corp. has named its chief financial officer, Steve R. Beckett, to act as head of MG Refining and
GLOBAL MARKETS ABOUND IN BIG GAINS, BIG RISKS
David J. Lynch |
You could have doubled your money during the past 12 months if you'd invested it in Hong Kong.
Maritime
TRADE BRIEFS
Wire and Staff Reports |
COMMERCE: JAPAN, BRAZIL DUMPING STEEL WIRE RODWASHINGTON - Japanese and Brazilian su
Maritime
LEADING CONTENDER FALTERS IN BID TO ACQUIRE NAVIERAS
Peter M. Tirschwell |
The bid to privatize Navieras de Puerto Rico, put together by a local steamship executive and 200 em
Maritime
CANADA PRESSURING NEGOTIATORS TO SETTLE WEST COAST STRIKE
Brian Johns |
The Canadian government over the weekend stepped up its pressure on British Columbia longshoremen an
CREDIT CARD COMPANY INKS VIETCOMBANK AGREEMENT
Reuters |
American Express credit cards will be used in Vietnam for the first time under an agreement the U.S.
INSURANCE BRIEFS
Wire and Staff Reports |
AIG FINED $100,000; LARGEST LEVIED BY NMSANTA FE, N.M. - The state insurance departm
US DOLLAR TO CLIMB AGAINST MARK BUT FALL VS. YEN, TRADERS SAY
Gordon Platt |
The U.S. dollar will rise against the deutsche mark this week and fall against the Japanese yen, cur
OPEN FOR BUSINESS
Associated Press |
U.S. companies with representative offices open or licensed to open inVietnam; type of busin
Maritime
LENDERS URGED TO PUT PRIORITY ON TRANSPORT INFRASTRUCTURE
John Zarocostas |
Upgrading the transport infrastructure of Vietnam should be a top priority by the Hanoi government a
Maritime
ALASKAN SUFFERS MUNCHIES CRUNCH FROM OCEAN SHIP RATES
John Davies |
Checking in at a remote trading post in Alaska, Gary Wilken wheels his freight through snow blasting
CANADA'S NOVA CORP. EXPECTS NAFTA TO SPARK PIPELINE, SERVICES GROWTH
Chris Reese |
The North American Free Trade Agreement offers Nova Corp., one of Canada's biggest energy companies,
ENERGY BRIEFS
From Wire and Staff Reports |
BRITISH COAL TO CUT UP TO 3,000 MORE JOBSLONDON - British Coal said Friday it would
WEATHER BUYS OPEC TIME IEA UPS DEMAND FORECAST
Karen Matusic |
A severe U.S. winter and stormy seas in Europe that shut loading terminals have combined to push oil
CHINA COMPUTER DEMAND SOARS DROP IN TARIFFS EXPECTED SOON US COMPANIES ONLINE FOR PROFITS
P.T. Bangsberg |
Soaring demand in China for computers to manage the country's booming economy and revamp of industry
Maritime
COAL ATTORNEYS APPEAL KENTUCKY DEED RULING
Associated Press |
Attorneys for the state's coal industry have asked the U.S. Supreme Court to consider overturning a
INDONESIA TO ACT AGAINST FIRMS AVOIDING NEW MINIMUM WAGE
Reuters |
Indonesia, facing widening strikes and the threat of U.S. action over its labor record, said Friday
Maritime
MEXICAN FIRMS PRESSED TO PERFORM, COMPETE
Richard Alm |
As an American doing business in Mexico, Guy Weisenburger sees how competitive pressures are buildin
Maritime
ASIAN PRODUCERS SPLIT ON PROPOSAL TO HOLD BACK EXPORTS OF COFFEE
Rajan Moses |
Major Asian coffee producers are divided over an ambitious Indonesian plan to goad them into withhol
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
NEW MONEY ADDS MORE BULK TO LLOYD'S UNDERWRITING MUSCLE
William Pitt |
Names at Lloyd's of London will be able to underwrite premiums of UK10.9 billion ($16.4 billion) thi
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 |
Feb. 4, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
NIGERIAN REFINERY LACKS CRUDE FOR PROCESSING
Knight-Ridder Financial |
Nigeria's Warri refinery in the south, the second largest in the country, is not receiving enough cr
S. KOREA OIL USE EXPECTED TO GROW
Knight-Ridder Financial |
South Korea's domestic demand for petroleum products is expected to grow 9.9 percent in 1994 from a
NATIONS AGREE TO SPEED UP CENTRAL EUROPEAN FREE-TRADE MOVE
Michele Kayal |
Senior Central European trade officials Friday signed a declaration to speed up trade liberalization
Maritime
KANTOR VOWS "OTHER OPTIONS' IF NO PACT MADE WITH JAPAN
Mark Magnier |
U.S. Trade Representative Mickey Kantor maintained a tough line Friday and threatened "other options
Maritime
TERRA TO FIGHT PRICE-FIXING CHARGE
Associated Press |
Terra Industries Inc., a leading producer and distributor of fertilizer, seed and farm chemicals, sa
FBI USED FAKE NC FIRM AS FRONT TO PROBE POSSIBLE INSURANCE FRAUD
Associated Press |
The FBI used a North Carolina front company to aid its probe of a California firm accused of misappr
EU PRODUCERS AGREE TO CUT ZINC CAPACITY
Reuters |
European zinc producers have agreed to reduce surplus capacity by more than 10 percent, a European U
EU MINISTERS TO DEBATE AVIATION REPORT TODAY
Bruce Barnard |
The European Union will be deeply split today when its 12 transport ministers respond to a radical r
BRIDGE TO FOLLOW PATH OF PREDECESSOR IN NC
Associated Press |
The North Carolina State Transportation Department will not make the same mistakes if a replacement
Transport, Trade and Regulation News
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 4, 1994 Prev. Life of Contr. OpenOpen High Low
GASOLINE PRICES
JOC Staff |
Feb. 4, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
GATT APPLAUDS AUSTRALIA, SEES ROOM TO IMPROVE
John Zarocostas |
The world trading community has given Australia high marks for sticking with major economic reforms
Maritime
WHITE HOUSE TO EASE ENCRYPTION EXPORT RULES
Richard Lawrence |
The Clinton administration announced Friday accelerated licensing procedures aimed at promoting U.S.
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 4, 1994 Quotations are based on prices reported in the market or obtained from su
SNOW, DOCK STRIKE STYMIE GRAIN CARGOES AT CANADIAN PORT
Yuko Enomoto |
Up to 140,000 metric tons of Canadian wheat and barley that Japan booked for January shipment were l
DEAL TO BUY CRUISE LINES COLLAPSES
Associated Press |
AEA Investors Inc. has decided against purchasing Royal Viking Line and Royal Cruise Line, two of Kl
Maritime
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