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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
BALTIC FREIGHT INDEX
JOC Staff |
1213 (Jan. 6, 1994) Previous day - 1213 The Baltic International Freight Futures Market in L
Maritime
RAILS BOOST SPENDING TO ATTRACT CUSTOMERS
Lawrence H Kaufman |
The nation's Class I railroads, looking to expand their customer base, will pour a record $4.6 billi
CLINTON POISED TO REINSTATE SUPER 301 TRADE LAW
John Maggs |
President Clinton in the next few weeks will issue an executive order reviving the Super 301 trade l
QANTAS CALLS IT QUITS AT SAN FRANCISCO AIRPORT
Brian Johns |
The Australian state-owned carrier Qantas is packing its bags and leaving San Francisco. As
DOLLAR RISES ON FUND BUYING AHEAD OF REPORT ON EMPLOYMENT
Alan Zimmerman |
The U.S. dollar rose against the deutsche mark Thursday despite the failure of the Bundesbank to cut
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Transportation |
Actual Vessel Sale Evaluations Sale TimeDate Vessel
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Jan. 6, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
MARITIME BRIEFS
Wire and Staff Reports |
2 BOUCHARD VESSELS HAVE ACCIDENTS IN NYNEW YORK - Two Bouchard Transportation Co. ve
Maritime
JAPAN, US FAIL TO CLOSE GAP IN TELECOM TRADE DISCUSSIONS
Reuters |
Japan and the United States remained unable to find common ground this week, after two days of worki
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
PEOPLE - MARITIME
Wire and Staff Reports |
JEBSENS INTERNATIONAL (USA) INC. (King of Prussia, Pa.) - Fred W. Montanari, 58, was named managing
Maritime
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
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
EXPORT ABCS - HENRY A. SAMUEL EXPORT MANAGEMENT COMPANIES MAY QUICKLY OUTLIVE THEIR NEED
Henry A. Samuel |
Manufacturers often ask how to go about setting up a revenue-producing, long- term relationship with
Maritime
COST OF CREDIT
JOC Staff |
Thursday, Jan. 6, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PEOPLE - TRANSPORT
Wire and Staff Reports |
USAIR GROUP INC. (Arlington, Va.) - Nancy Risque Rohrbach was named senior vice president of public
SMALL-PLANE CRASH KILLS 10 IN FLORIDA
Reuters |
A twin-engine plane carrying members of a Japanese family home from a wedding crashed and burned in
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -2.2912/30 94.4 1/3 94.7 1/4 94.4
ACTRESS VOWS TO USE EU ROLE TO FIGHT US FILM DOMINANCE
Reuters |
Greek Minister for Culture and former film star Melina Mercouri vowed Thursday to fight Hollywood's
Maritime
SHIP OFFICERS UNION ASKS MEMBERS TO APPROVE SECESSION FROM MEBA
Tim Shorrock |
A key shipboard officers union is seeking approval from its membership to secede from its parent org
Maritime
SPOT COMMODITIES
JOC Staff |
Jan. 6, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
HONG KONG PREPARES STRATEGY TO LOBBY FOR MFN STATUS
P.T. Bangsberg |
The bell has clearly sounded for the next round, due this June, of the heavyweight contest over rene
Maritime
ARK. FIRM READIES RICE FOR SHIPMENT TO JAPAN
Associated Press |
The first load of Arkansas rice will soon be on its way to Japan, Riceland Foods Inc. says.
Maritime
EXECUTIVES OFFER GLOBAL SHIPPERS A PLAN FOR OPERATING OWN SHIPS
Peter M. Tirschwell |
Ole Skaarup and Rob Quartel, prominent maritime executives who have strongly criticized the costs of
SWISS UNEMPLOYMENT GREW IN DECEMBER
Knight-Ridder Financial |
Switzerland's unemployment rate in December measured 5.1 percent, up from 5.0 percent in November an
CORRECTION
JOC Staff |
The story "PRMMI Faces Probe by Puerto Rico's Justice Department," on Page 1B of the editions of Jan
Maritime
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
ENERGY BRIEFS
Wire and Staff Reports |
TEXACO SUES ECUADOR FOR CONTRACT VIOLATIONQUITO, Ecuador - Texaco Inc. has filed a $
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
TRANSPORT BRIEFS
Wire and Staff Reports |
D.M. ITZKOFF SWORN IN AT RAILROAD AGENCYWASHINGTON - Donald M. Itzkoff has been swor
AGRICULTURAL TRADE LEADS
Supplied by the U.S. Dept. of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
Maritime
FIFTH THIRD BANK IS NO. 1 WITH MANY US EXPORTERS
Kenneth Wolf |
As exporters from Ohio, Illinois, Kentucky and Florida well know, there is only one Fifth Third Bank
PHILA. OFFICIALS SAY ILA CONCESSIONS ARE NEEDED
Alan Abrams |
Philadelphia Regional Port Authority officials on Thursday said the International Longshoremen's Ass
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
CONSTRUCTION SET TO BEGIN ON PHILIPPINE RAIL PROJECT
Special to The Journal of Commerce |
Construction of a $450 million light rail transit system in the Philippine capital will begin next m
DALLAS AIRPORT DIRECTOR CONFIRMS RESIGNATION
Dallas Morning News |
Vernell Sturns, outgoing executive director of Dallas-Fort Worth International Airport, confirmed he
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