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TRADE BRIEFS
Wire and Staff Reports |
BECHTEL UNIT WINS THAI MANAGEMENT PACTBechtel Civil Co., a unit of San Francisco's Bechtel G
Maritime
MARITIME COLLEGE'S TRAINING SHIP TO BRING TROOPS HOME FROM SOMALIA
Peter M. Tirschwell |
The "Empire State," a training ship operated by the State University of New York Maritime College th
Maritime
GUNDERSON REPORTS LARGEST BACKLOG OF RAILCAR ORDERS IN 15 YEARS
John Davies |
Railcar builder Gunderson Inc. of Portland, Ore., reported this week booking $130 million in new ord
TRANSPORT BRIEFS
Wire and Staff Reports |
TEAMSTERS LEADERSHIP SEEKS HIGHER DUESWASHINGTON - Worried about their anemic strike
UNDERWRITERS EXERCISE OPTION TO BUY MORE GRYPHON SHARES
JOC Staff |
Underwriters Smith Barney Shearson, Lehman Brothers and Goldman, Sachs & Co. exercised their option
ICC WILL CONSIDER TRACKAGE RIGHTS OF WESTERN RAILS IN UP-CNW CASE
Lawrence H Kaufman |
The Interstate Commerce Commission will consider requests for protection from several western railro
PEOPLE - INSURANCE
Wire and Staff Reports |
U.S. RE CORP. (New York) - Demarest "Nick" S. Newman has joined the corporation as senior vice presi
INSURANCE BRIEFS
Wire and Staff Reports |
KEMPER SELLS STAKE IN CENTRE REINSURANCELONG GROVE, Ill. - Kemper Corp. sold its min
LTL SHIPPERS HAIL UPS DECISION TO TAKE HEAVIER PACKAGES
Gregory S. Johnson |
United Parcel Service's decision to accept parcels weighing up to 150 pounds has been enthusiastical
SLUMPING BULK CARGO HITS FLORIDA'S GULF COAST PORTS
Journal of Commerce Staff |
The seaports along Florida's Gulf Coast suffered with depressed bulk cargo volume in the fiscal year
Maritime
LLOYD'S MISTAKE IN SETTLEMENT DEAL HURTS SOME NAMES
William Pitt |
A troubled Lloyd's of London faced another setback Thursday when it announced it must amend terms of
US BREWERS: CANADIANS NOT HONORING BEER PACT
Peter Morton |
The U.S. brewing industry has called on Washington to close the border to Canadian beer because of a
Maritime
ITT HARTFORD STRENGTHENS CROP POSITION WITH PURCHASE
JOC Staff |
ITT Hartford Insurance Group, in a pitch to become one of the top crop insurers in the nation, Thurs
EXECUTIVE BUYS BRANCH OF INSURER ROLLINS HUDIG
Associated Press |
Insurance broker Rollins Hudig Hall of Alaska Inc. is about to be sold to a businessman who's headed
DATA AGENCY CRITICIZES FREEZE OF MO. COMP RATES
From Wire Reports |
A decision to block rate increases for insurers in the state's last-resort workers' compensation poo
NY STATE PROBES FRAUD AMONG LIFE INSURERS
From Wire and Staff Reports |
New York's top insurance regulator this week warned the 147 companies selling life insurance in the
SINGAPORE REGISTRY WILL KEEP GROWING, OFFICIALS PREDICT
P.T. Bangsberg |
The Singapore-registered fleet topped 12 million gross tons last month and officials are forecasting
Maritime
OPEC HOLDS OUTPUT STEADY FOR DECEMBER, SURVEY SAYS
Knight-Ridder Financial |
OPEC members, in a relative display of discipline largely attributed to a lack of buying appetite, h
INDIA VOWS TO PAY FOREIGN POWER FIRMS
Rahul Sharma |
India said Thursday that it agreed to guarantee payments for electricity to be generated by seven ma
ENERGY BRIEFS
Wire and Staff Reports |
TEXACO SUES ECUADOR FOR CONTRACT VIOLATIONQUITO, Ecuador - Texaco Inc. has filed a $
INSIDE TALK - ARTHUR GOTTSCHALK UNREGULATED "SWAPS' OF NATURAL GAS RAISE SOME CONCERN
Arthur Gottschalk |
The growth in natural gas futures trading on the New York Mercantile Exchange - up 145 percent over
NATURAL GAS STORAGE SURVEY MAKES DEBUT AS MARKET TOOL
Bill Mintz |
One of the big questions in the natural gas business was answered this week. The American Ga
ELECTRICITY PRICES PLUMMET IN UK POOL
Knight-Ridder Financial |
Prices in the electricity trading pool in England and Wales fell Wednesday by about UK250,000 ($372,
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended12-31 12-2
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Jan. 6, 1994 Prevailing sellers' posted prices at the close of business, representi
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1213 (Jan. 6, 1994) Previous day - 1213 The Baltic International Freight Futures Market in L
Maritime
MARITIME CALENDAR
JOC Staff |
Golden Age of Toy Boats. Through March 5. New York. Sampling from Forbes Magazine fleet includes an
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 6, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CARNIVAL CRUISE LINE POSTS 4TH-QUARTER GAIN
JOC Staff |
Carnival Cruise Lines Inc. reported higher net income for the fourth quarter ended Nov. 30, 1993, of
Maritime
LOUISIANA CASINOS HAVE BEEN DEALT A LOSING HAND
Alan Sayre |
More than two years after Louisiana turned to casino gambling, including riverboats, to help fill it
Maritime
OIL TANKER HEADS FOR REPAIRS IN WAKE OF ICEBERG MISHAP
John Davies |
An oil tanker that suffered a crushed submerged bow section when it apparently struck an iceberg nea
Maritime
GATT TO BEAR FRUIT FOR ALMOND GROWERS
Brian Johns |
Almond producers are smiling at the prospect of a $21 million decrease in European tariffs if Congre
FRENCH PORT TO COMMEMORATE CIVIL WAR BATTLE, CONFEDERATE SHIP
Francois Raitberger |
Far from the battlefields of Dixie, the American Civil War spread to the French region of Normandy 1
Maritime
FLORIDA PORTS REGISTER MIXED RESULTS LATIN TRADE SPARKS SURGE AT MIAMI
Craig Dunlap |
Results were lackluster for many Florida seaports in fiscal 1993, but the Latin American trade boom
Maritime
ILWU, GRAIN SHIPPERS TO REOPEN CREW TALKS
John Davies |
Talks on the number of longshoremen needed to load grain ships on the West Coast are tentatively sch
Maritime
VOLUME RISES 6.7 PERCENT AT MALAYSIAN PORT
Knight-Ridder Financial |
The Port of Penang, an island off the northwestern coast, said it handled the equivalent of 242,454
Maritime
POLAND PLANS TO ACCELERATE INTERVENTION IN ECONOMY
Tomasz Janowski |
Poland's government will step up intervention in the economy to make it more competitive but wants t
Maritime
CLINTON PLANS PERMANENT MFN STATUS FOR CHINA
John Maggs |
While the Clinton administration is publicly vowing to step up pressure on China for its unfair trad
CHICAGO BOARD: GLOBEX NEEDS CHANGES TO WORK
William B. Crawford |
Chicago Board of Trade leaders predicted that Globex, the world's only computerized 24-hour trading
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