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MARITIME BRIEFS
From Wire and Staff Reports |
UKRAINE MARINES SEIZE BLACK SEA FLEET OFFICESMOSCOW - Ukrainian marines armed with s
Maritime
SHANGHAI DENIES REPORT ON CURRENCY TRADING
Reuters |
The Shanghai branch of the People's Bank of China on Tuesday denied a newspaper report that five for
OCTOBER 1993 BOX TRAFFIC INCREASES FROM 1992
Data from manifests and bills of lading compiled by PIERS, |
U.S. Ports' International Freight in 20-Foot Container Equivalents, or TEUs October 1993 Oct
Maritime
METLIFE FIRES 6 OVER MISLEADING DATA
New York Daily News |
Met Life said Monday that six executives, who distributed or managed employes responsible for dissem
INSIDE TALK - LARRY KAUFMAN RAILROADS ENTER '94 WITH TRAFFIC UP, COSTS UNDER CONTROL
Larry Kaufman |
There are a number of reasons railroad executives are looking forward to 1994, not the least being t
MANY RAIL LINES, LESSORS PLANNING TO EXPAND INTERMODAL FLEETS IN '94
Rip Watson |
Some railroads and leasing companies are taking the plunge to expand or modernize theirequipment fle
INSURANCE EARNINGS
Wire and Staff Reports |
ZURICH AMERICAN INCOME INCREASESSCHAUMBURG, Ill. - Operating income at Zurich-Americ
WEST COAST DOCKERS UNION HEAD WILL SEEK RE-ELECTION IN SPRING
Art Wong |
The president of the West Coast dockworkers union, Dave Arian, says he will seek re-election next sp
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 28, 1993 Quotations are based on prices reported in the market or obtained from s
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 28, 1993 Prev. Life of Contr. OpenOpen High Low
GENETICALLY ALTERED COTTON DESIGNED TO KILL PESTS
Elliott Minor |
A new cotton plant that is genetically engineered to kill some of the crop's most destructive pests
FREIGHT RATE FUTURES
JOC Staff |
Dec. 24, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CONSUMER PRICES UP IN S. KOREA
Reuters |
South Korea's consumer price index (CPI) rose 5.8 percent in 1993 from a 4.5 percent rise a year ear
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
CALIF.'S FIBREBOARD AGREES TO SETTLEMENT OF RECORD $3 BILLION IN ASBESTOS SUIT
Michelle Levander |
Insurers of Fibreboard Corp. would pay more than $3 billion to current and future victims under a ne
SPOT PRODUCT PRICES
JOC Staff |
Dec. 28, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
LA PLANS TO MARKET SEWAGE-BASED FERTILIZER
Associated Press |
The city of Los Angeles is getting into a dirty business. Faced with huge costs to haul away
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
LONG BEACH PORT WINS LAND BATTLE WITH LA
Allen R. Wastler |
A Southern California court has cleared the way for the Port of Long Beach topurchase 725 ac
$225 MILLION IS PAID IN BCCI SETTLEMENT
Jeanne King |
A Saudi Arabian financier and his associate have paid $225 million as part of an agreement with U.S.
*BALTIC FREIGHT INDEX
JOC Staff |
1220 (Dec. 24, 1993) Previous day - 1221 The Baltic International Freight Futures Market in
Maritime
SHAREHOLDERS' OK EXPECTED THURSDAY FOR PRIMERICA TAKEOVER OF TRAVELERS
Margo D. Beller |
Shareholders of Travelers Corp. and New York-based Primerica Corp. are expected to approve the takeo
PUBLISHER'S NOTEBOOK
Don C. Becker |
I don't know about you but there are some things in life I never tire of: * The smell of bre
FLORIDA SHUTTLE TO SUSPEND NEWARK SERVICE
JOC Staff |
Florida Shuttle airline here will suspend its Newark, N.J., operation as of Jan. 6. Suspende
TRANSPORT BRIEFS
From Wire and Staff Reports |
PIPER AIRCRAFT TO SELL MANUFACTURING ASSETSVERO BEACH, Fla. - Piper Aircraft plans t
TRADE BRIEFS
Wire and Staff Reports |
FIRST STOCK EXCHANGE TO OPEN IN VIETNAMHANOI, Vietnam - Senior banking officials in
Maritime
CURRENCIES HOLD STEADY IN POST-HOLIDAY TRADING SLUMP
Susan Kelly |
The dollar remained stable or firmer against most major currencies in thin post-holiday trading.
MALAYSIA SHIFTS TO STEEL TO MEET DEMAND
P.T. Bangsberg |
Long known for its reservoir of useful commodities, Malaysia has in recent years charged into indust
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Dec. 27, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
FEDERAL SHIFT TO GASOHOL IN LOW GEAR
Associated Press |
The government has sharply increased its purchases of gasohol for the federal fleet of cars under pr
LTL CARRIERS RIDE WAVE OF ECONOMIC RECOVERY 3RD-QUARTER GAINS MAY BE TEMPORARY, OBSERVERS WARN
Mark B. Solomon |
Buoyed by an increasingly broad economic recovery, most large less-than- truckload carriers posted i
CHINA NAMES 5 COMPANIES GUILTY OF ILLEGAL TEXTILE TRADE
P.T. Bangsberg |
China has identified five companies punished for illegally shipping textiles and garments to the Uni
Maritime
COST OF CREDIT
JOC Staff |
Monday, Dec. 27, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PRODUCER PRICES UP IN EASTERN GERMANY
Knight-Ridder Financial |
Producer prices in eastern Germany were up 0.2 percent in November from October, and were 0.6 percen
OHIO NAMES TOLD TO TAKE LLOYD'S SUIT TO UK COURTS
Journal of Commerce Staff |
Three Cincinnati-based investors at Lloyd's of London became the latest American investors at Lloyd'
INSURANCE BRIEFS
Wire and Staff Reports |
CHINA DRAFTS LAW TO OPEN INSURANCE MART BEIJING - An insurance law aimed at establishing a
ENERGY BRIEFS
From Wire and Staff Reports |
7 HURT IN LONDON BLAST; GAS IS CHIEF SUSPECTLONDON - A suspected gas explosion rocke
BROCHURE OFFERS DISASTER TIPS
Journal of Commerce Staff |
A brochure from the Insurance Information Institute offers business owners several tips for mitigati
COAST GUARD TO TIGHTEN SAFETY RULES ON SMALL BOATS
Journal of Commerce Staff |
The U.S. Coast Guard will increase inspections and take other steps to tighten safety rules on small
Maritime
SPAIN RATE CUT WILL BOOST 1994 ECONOMY, MINISTER SAYS
Associated Press |
Finance Minister Pedro Solbes said Monday the reduction in Spain's interest rates in recent months h
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