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OMANI OIL MINISTER OPTIMISTIC ON COOPERATION FROM INDEPENDENTS
Mona Megalli |
Omani Oil Minister Said bin Ahmad al-Shanfari Wednesday predicted independent oil producers will coo
CHINA BOASTS GAINS IN QUALITY OF TRADE
P.T. Bangsberg |
The quality of China's exports and of goods it imported last year improved as a result of tighter in
Maritime
INDONESIA URGES FIRMS TO USE CARE IN INVESTING WITH FOREIGN FUNDS
Dean Yates |
Indonesia's finance ministry has urged the private sector to curtail investment in big projects need
Maritime
INSURERS CAN RELY ON INVESTMENTS, BUT NOT FOR MUCH LONGER, S&P SAYS
Margo D. Beller |
American insurance companies lived off high-yield lucrative investments in stocks in 1993, leaving t
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
RICE SELF-SUFFICIENCY DECLINES IN S. KOREASEOUL, South Korea - South Korean self-suf
BACKERS OF FLOATING CASINO TO FILE FOR LICENSE NEXT WEEK
Associated Press |
Backers of a floating casino proposed for Whiskey Island, a spur of Mississippi that juts into Arkan
Maritime
ICEBERG CUTS THROUGH TANKER, RAISES SAFETY CONCERNS IN ALASKA
Reuters |
A collision with an iceberg that damaged an oil tanker in Prince William Sound in Alaska this week h
Maritime
DSR-SENATOR MERGER UNLIKELY BEFORE SPRING
Miriam Widman |
The planned merger of the liner shipping activities of Deutsche SeereedereiRostock GmbH and
Maritime
TRANSPORT CALENDAR
JOC Staff |
Association of Transportation Practitioners. Jan. 6. Southern California chapter. Paul Wollenheimer,
OHIO'S HAZARDOUS MATERIALS LAW OVERSTEPS FEDERAL RULES, JUDGE SAYS
Gregory S. Johnson |
In a victory for motor carriers, an Ohio judge has found that local statutes governing truck transpo
YEN-DOLLAR TREND SPARKS CONCERN IN WASHINGTON
Richard Lawrence |
A depreciating Japanese yen, and with it the possibility of an eventually greater U.S. trade deficit
Maritime
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
MULTINATIONAL PARTNERSHIPS CALL FOR HARMONY IN ACCOUNTING
Richard Alm |
In 1993, German automaker Daimler-Benz became the first German company to list its shares on the New
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
AGREEMENT ENDS STRIKE AT PORT OF AMSTERDAMAMSTERDAM, Netherlands - The strike at the
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -3.2612/29 94.4 12/30 94.4 1/3 94.7
CITRUS GROWERS EXPECT LITTLE GATT BOOST TO JAPAN SALES
Sanford Nax |
Japan is already a major buyer of California oranges, so citrus marketers don't expect a major door
Maritime
TRADING WITH BRAZIL CUT IN BRAZIL'S TARIFF RATES SPURS JUMP IN IMPORTS
Kenneth Wolf |
As Brazil's tariff rates shrink, its hunger for imports grows. The average tariff rate, whic
Maritime
STUDY: WASH. WOULD GAIN FROM A NAFTA-STYLE ASIA PACT
John Davies |
A Pacific Rim free-trade area would boost Washington state's $31.6 billion in annual exports by seve
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ATCHISON, TOPEKA AND SANTA FE RAILWAY CO. (Schaumburg, Ill.) - Steve Marlier was named senior vice p
JUDGE EXTENDS PHILA. ILA PICKETING BAN
Alan Abrams |
A federal judge Wednesday extended a temporary restraining order barring Philadelphia International
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 5, 1994 Quotations are based on prices reported in the market or obtained from su
DOLLAR RISES AGAINST YEN AFTER SPEECH BY BENTSEN
Alan Zimmerman |
The U.S. dollar rose Wednesday, with the market focusing on fundamentals affecting the yen following
BALTIC FREIGHT INDEX
JOC Staff |
1213 (Jan. 5, 1994) Previous day - 1215 The Baltic International Freight Futures Market in L
Maritime
STENA SLASHES FERRY RATES TO COUNTER EUROTUNNEL
Reuters |
Sharp fare cuts to counter the new car-carrying Eurotunnel shuttle were announced on Wednesday by on
Maritime
RESOLUTION WOULD HALT KENTUCKY CENTRAL'S SALE
Associated Press |
A resolution filed with the state General Assembly seeks to block a sale of the failed Kentucky Cent
CHINA'S BID TO BUY US WHEAT TIED TO RISING DOMESTIC PRICES
Jennifer Allen |
China's Tuesday night bid for U.S. subsidized wheat is a move to cool rising domestic values there,
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 5, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
GASOLINE PRICES
JOC Staff |
Jan. 5, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
STUDY TOUTS HYBRID VESSEL TO CARRY US GOODS TO MEXICO
Tim Sansbury |
Niche markets exist for transporting U.S.-Mexico commerce in a hybrid craft, known as a river-ocean
Maritime
THE ECONOMY
Commerce Department; Knight-Ridder Tribune |
FACTORY ORDERS Percent change NovemberDurable goods +1.9 percentNon
TAIWAN OIL FIRM SEEKS OK FOR JOINT PROJECT WITH CHINA
Reuters |
Chinese Petroleum Corp., Taiwan's national oil firm, said it has applied for permission from its gov
GERMANY URGES OPENING OF EU PHONE NETWORKS
Reuters |
Germany, which takes over the presidency of the European Union in July, will urge its EU partners to
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
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
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 5, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EDIBLE OILS INDEX DEBUTS ON CHICAGO EXCHANGE
Knight-Ridder Financial |
The Chicago Board of Trade Wednesday started to list a new edible oils index created by Fosfa, the F
FEWER SHIPPERS SIGN PACTS WITH TAA FOR '94 CARGO COMMITMENTS MAY BE MUCH HIGHER
Peter M. Tirschwell |
The Trans-Atlantic Agreement, in its first statements since negotiations ended for 1994 volume-based
SPOT PRODUCT PRICES
JOC Staff |
Jan. 5, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
TECHNOLOGY GIVES US EDGE IN WORLD CONSTRUCTION MART
John Zarocostas |
U.S. companies have taken firm hold of the lucrative but cutthroat international construction market
Maritime
US ADMINISTRATOR SEEKS TO OPEN ST. LAWRENCE SEAWAY TO WIDER SHIPS
Tim Sansbury |
Stanford Parris, administrator of the U.S. St. Lawrence Seaway Development Corp., said Wednesday he
Maritime
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