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SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
DAILY PETROLEUM PRICES
JOC Staff |
Monday Dec. 20, 1993 Prevailing sellers' posted prices at the close of business, representin
PROPERTY CATASTROPHE REINSURERS IN BERMUDA BEGINNING TO DIVERSIFY
Margo D. Beller |
The Bermuda property catastrophe reinsurance market might be a victim of its own success if there ar
WASHINGTON STATE GROUP ENDORSES PASSENGER-ONLY FERRIES FOR SOUND
David Ammons |
Like the "mosquito fleet" of Washington's early history, a buzzing group of 13 passenger-only ferrie
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 20, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
COMPANY SILENT AS COOL CARRIERS SALE RUMORS PERSIST
Janet Porter |
Mystery surrounds the fate of Cool Carriers, the world's largest operator of refrigerated ships.
Maritime
5 LARGE US FIRMS LOSE OUT ON MEXICAN RAIL CONTRACTS
Kevin G. Hall |
Three of the largest U.S. railroads and the two largest U.S. locomotive manufacturers failed in thei
EU BRACES FOR TOUGH NEGOTIATIONS WITH FOUR APPLICANT COUNTRIES
Bruce Barnard |
The European Union will attempt today to jump-start negotiations with four nations seeking to join i
Maritime
UNION SAYS PEABODY TO REBUILD PLANT
Associated Press |
United Mine Workers officials say Peabody Coal Co. will rebuild parts of its fire-damaged preparatio
SHELL GETS TAX BREAK AS TEXAS REFINERY IS GRANTED FOREIGN TRADE ZONE STATUS
Nelson Antosh |
Shell Oil's Deer Park refinery and petrochemical complex has been granted foreign trade zone status
OECD FORECASTS '94 GROWTH, BUT JOBLESS RATE STILL RISING
Reuters |
World economic growth should start gathering pace next year, but because of heavy private and public
Maritime
NEW TARIFF RATES UNDER NAFTA ARE AVAILABLE ELECTRONICALLY
Journal of Commerce Staff |
The impact of the North American Free Trade Agreement on the U.S. harmonized tariff schedule is avai
Maritime
RUSSIA POST-ELECTION MOVES COULD JEOPARDIZE ECONOMY
Anatoly Verbin |
Senior Russian politicians started frantic post-election maneuvering Monday, which could jeopardize
Maritime
FOREIGN FIRMS GET BLAMED FOR INDIA BANKING SCANDAL
Jeremy Clift |
A parliamentary committee probing India's biggest financial scandal is expected to blame foreign ban
CARIBBEAN COMMUNITY REJECTS OFFER BY CONSORTIUM TO BUY AIR CARRIER
Associated Press |
Caribbean Community and Common Market officials on Monday announced that they have rejected a propos
CSX TRANSPORTATION ADDS 2 DIVISIONS IN TENN.
Journal of Commerce Staff |
CSX Transportation will establish two operating divisions in Erwin and Nashville, Tenn., effective J
NEW ECONOMIC PACKAGE EXPECTED SOON IN JAPAN
Miki Shimogori |
Japan will unveil the outline of a new economic pump-priming package as early as this week, but no d
Maritime
SLOW EXPORTS WILL WEAKEN AUSTRIAN RECOVERY, OECD SAYS
Reuters |
Austria's economy bottomed out earlier this year and will recover slightly in 1994, supported by sol
ENERGY BRIEFS
Wire and Staff Reports |
2,400 EASTERN MINERS RETURN IN W. VIRGINIATWILIGHT, W.Va. - Eastern Associated Coal Corp. mi
US BUSINESSES PAY THE PRICE FOR VIETNAM TRADE EMBARGO
Loretta Tofani |
The Vietnamese consumers crammed into the store to see the latest U.S. computers and printers: Compa
Maritime
INSIDE TALK - ALLEN WASTLER WAKE'S WAKE-UP CALL GETS MARINE PILOTS IN HOT WATER AGAIN
Allen Wastler |
Once again state-licensed marine pilots in the San Francisco Bay have gotten another group of people
Maritime
JOURNAL OF COMMERCE - FAST FACTS US-SOUTH AMERICA OCEAN CARGO
PIERS, New York |
No text.
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 20, 1993 Prev. Life of Contr. OpenOpen High Low
PERIOD OF RENEWED TENSIONS LOOMS IN US-CANADA TRADE RELATIONS
Leo Ryan |
U.S.-Canada trade relations seem headed for renewed tensions in early 1994, with conflicts looming i
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Dec. 20, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
EU COMMISSION WILL PROBE MICROWAVE OVEN DUMPING
_ Bruce Barnard |
A leading Japanese electronics company has joined its European rivals to file a dumping complaint ag
Maritime
MARITIME LEADERS OPPOSE MEASURE TO LEVY SHIP FEE FOR PILOT PENSIONS
Alan Abrams |
Maritime industry leaders are urging New York Gov. Mario Cuomo to veto legislation that would levy a
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Dec. 17, 1993.
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 11, total piggyback freight hauled on the nation's major railroads equaled 1
TEXAS BARGAINS CONTINUE TO LURE MEXICAN SHOPPERS
Kevin G. Hall |
Mexican consumers are crossing international bridges into this U.S. border town in droves, bypassing
UPS PAYS BACK WAGES DESPITE UNION OBJECTIONS
Journal of Commerce Staff |
United Parcel Service Inc., asserting that its contract with the Teamsters union is final, paid retr
DRILLERS NERVOUS AS OIL PRICES SINK
Associated Press |
Falling crude prices have sent shudders through anyone in west Texas who remembers the oil busts of
RECYCLER SEES OPPORTUNITY AT PHILADELPHIA OIL TANK FARM
Andrew Maykuth |
It takes a special breed of businessman to get excited about a waterfront property surrounded by ref
BALTIC FREIGHT INDEX
JOC Staff |
1229 (Dec. 20, 1993) Previous day - 1228 The Baltic International Freight Futures Market in
Maritime
SHIP FIXTURE BREAKDOWN
Transportation News Ticker |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
CHRISTIANIA RE CORP. CANCELS STOCK OFFERING
Knight-Ridder Financial |
Christiania Re Corp. canceled its initial public offering of 7 million common shares Monday due to w
MED LINES MEETS CHALLENGE, BOOSTS SERVICE TO BOSTON
Journal of Commerce Staff |
Mediterranean Shipping Co., a conference carrier, said the line would increase capacity and add four
Maritime
WESTERN COMPANIES SAID TO BE TALKING WITH IRAQ ON OIL
Reuters |
Several Western oil companies, including American firms, have held extensive exploratory talks with
TRADE TALK - ROSALIND MCLYMONT BELGIUM'S ECOTAXES: TO BE OR NOT TO BE BY JAN. 1 DEADLINE
Rosalind McLymont |
Jan. 1, 1994 is supposed to be D-Day for the first wave of Belgium's new ''ecotaxes." But wi
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
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