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EUROPEAN ZINC PRODUCTION UNLIKELY TO DECLINE MUCH, JAPAN TRADERS SAY
Cary O'reilly |
Despite a global supply overhang and ongoing talks about the need for restructuring, Japanese trader
BOSTON EXPECTS DECISION SOON ON LYKES SERVICE FROM EUROPE
Michael S. Lelyveld |
Lykes Bros. Steamship Co. is close to deciding about opening a direct inbound service from Northern
Maritime
ONE RIVERBOAT, MANY QUESTIONS: CASINO DEBATE RAGES IN LOUISIANA
Alan Sayre |
Only one of Louisiana's 15 riverboat casinos is in operation, but ethical and regulatory questions a
Maritime
GASOLINE PRICES
JOC Staff |
Dec. 7, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
DRUG ABUSE RULED OUT IN ALA. AMTRAK CRASH
Stephanie Nall |
The National Transportation Safety Board has tentatively ruled out drugs and alcohol abuse as a fact
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 7, 1993Brent Crude Oil - (Dollars Per Barrel)_
FRENCH OFFICIALS MAY DELAY MONETARY DECISION
Brian Childs |
France's monetary authorities have not yet set their M3 monetary growth target for 1994 and are like
CARMAKERS IN BRAZIL SEE TRADE DEFICIT
Special to The Journal of Commerce |
A preliminary study released by the Brazil's national association of automakers predicts a 1993 defi
Maritime
AMERICAN AIRLINES TO MARKET CARGO SERVICES TO OTHER CARRIERS
William Armbruster |
Under a sweeping reorganization of its cargo division, American Airlines will be marketing a broad r
GDP DATA IMPROVE GERMAN OUTLOOK
Reuters |
West German third-quarter gross domestic product (GDP), pushed up by increases in four major compone
BC RAIL'S CHIEF PAINTS BLEAK PICTURE AS DEREGULATION, RATE SLUMP TAKE TOLL
John Davies |
The president of British Columbia Railway Ltd. is predicting difficult times ahead, asderegulation a
TRANSPORT BRIEFS
From Wire and Staff Reports |
CHINA TO LET OUTSIDERS INVEST IN TRANSPORTBEIJING - China will allow foreign investo
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
MARITIME BRIEFS
Wire and Staff Reports |
STORM-RAVAGED PORT REOPENS IN RUSSIAMOSCOW - The Novorossisk commercial seaport, Rus
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -6.2412/1 93.312/2 93.312/3
INDIA RELAXES, BUT WON'T LIFT, BAN ON FOREIGN CLASSIFICATION OF SHIPS
N. Vasuki Rao |
Shipowners have persuaded the government to ease, though not end, a ban on foreign classification so
Maritime
SCIENTISTS AIRLIFT SALMON TO KEEP RIVERS OPEN
John Davies |
Scientists struggling to keep 400 miles of the Columbia and Snake rivers open to maritime traffic ar
UKRAINE CUTS NATURAL GAS SUPPLIES TO SMELTERS AS ENERGY CRISIS DEEPENS
Grigori Gerenstein |
The Ukraine government has cut gas supplies to domestic metal smelters by 30 percent and to chemical
CHINA ACTS AGAINST ILLEGAL TEXTILE DEALS FIVE FIRMS STRIPPED OF EXPORT RIGHTS
P.T. Bangsberg |
China said Tuesday it stripped more textile firms of their export rights and confiscated earnings fr
Maritime
CALIF. INVESTMENT BANK LANDS CHINESE AIRCRAFT FINANCING DEAL
Brian Johns |
China's boiling transportation market has yielded a first-ever deal for a California-based investmen
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
NOISE RULING MAY SPUR RISE IN RATES, ALASKA AIR SAYS
John Davies |
Alaska Airlines says shippers using overnight freighters can expect higher rates resulting from a ru
COMPARED WITH ALASKAN OIL PRICES, GASOLINE DECLINE IS DROP IN THE BUCKET
Associated Press |
The price of Alaska North Slope oil is at its lowest in five years. But it still costs Alaska driver
BALTIC FREIGHT INDEX
JOC Staff |
1248 (Dec. 7, 1993) Previous day - 1251 The Baltic International Freight Futures Market in L
Maritime
SHIP RATES SINK BETWEEN WEST COAST, SOUTH AMERICA
Bill Mongelluzzo |
Ocean shipping rates are plummeting in the formerly lucrative trade between the West Coast of the Un
RUSSIA INFLATION RATE FALLS TO 8-MONTH LOW
Reuters |
Russian monthly inflation slipped to 17 percent in November, its lowest level in eight months, from
SHIPPERS FEAR PROSPECT OF MORE RATE INCREASES
Gregory S. Johnson |
Less-than-truckload shippers, resigned to rate increases set to take effect in January,worry if thes
FOE OF PEREZ ECONOMIC REFORMS ELECTED PRESIDENT IN VENEZUELA
Associated Press |
Rafael Caldera, the grand old man of Venezuelan politics, is the country's president-elect.
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 6, 1993 Prev. Life of Contr. OpenOpen High Low
REVISION OF RULES COULD BOOST OUTPUT AT KAN. GAS FIELD
Guy Boulton |
Natural gas production in the Hugoton field in southwestern Kansas could increase 10 percent to 15 p
CHINESE POCKET DEVICE CHECKS BANK NOTES
Journal of Commerce Staff |
A new "magic eye" pocket bank note inspecting device developed by Jiyang Hengfeng Electric Instrumen
Maritime
TRADE BRIEFS
Wire and Staff Reports |
S. KOREA FORECASTS '94 GROWTH IN EXPORTSSEOUL, South Korea - South Korea's exports w
Maritime
ASIA SUGAR OUTPUT MAY RISE BUT GLOBAL VOID TO REMAIN
Sonya Hepinstall |
Sugar production is forecast to rise slightly in key Asia-Pacific producer nations next year but wil
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 6, 1993 Quotations are based on prices reported in the market or obtained from su
FREIGHT RATE FUTURES
JOC Staff |
Dec. 6, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
EC COMMISSION EMBROILED IN TUG-OF-WAR OVER TAA
Bruce Barnard |
The European Community Commission is facing frantic lobbying by shipowners and shippers as it nears
Maritime
APL ORDERS 3 SHIPS FROM SOUTH KOREA'S DAEWOO SHIPBUILDING
Journal of Commerce Staff |
American President Lines is ordering three new containerships from a South Korean shipyard.
Maritime
UNSAFE SHIPS TARGETED BY NEW EC GUIDELINES
Janet Porter |
European nations expect to detain and ban many more unsafe ships in the war against substandard vess
COURT TO HEAR ARGUMENTS IN LAX FEE DISPUTE
Bill Mongelluzzo |
The nation's airlines scored a victory Monday in their dispute over landing fees at Los Angeles Inte
RYDER TO TURN AVIALL INTO SEPARATE COMPANY
JOC Staff |
Aviall, the aviation services business unit of Ryder System Inc., will be spun off today as a separa
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