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TRADE BRIEFS
Wire and Staff Reports |
WORLD TOURISM EXPECTED TO DOUBLE IN DECADELONDON - The global travel and tourism ind
TAIWAN FIRM, WATCHDOG GROUP SETTLE SOFTWARE PIRACY CASE
Mark Magnier |
Business Software Alliance, a U.S. computer industry watchdog, announced an out-of-court settlement
Maritime
S. AFRICA TRADE SURPLUS UP 22.9 PERCENT IN OCTOBER
Reuters |
South Africa's trade surplus rose 317.1 million rand (US$94.2 million), or 22.9 percent, in October
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
MARITIME BRIEFS
From Wire and Staff Reports |
MARAD APPROVES SALE OF BULK CARRIERWASHINGTON - The Maritime Administration said it
Maritime
LUFTHANSA TO INCREASE CARGO RATES ON DEC. 1
William Armbruster |
Lufthansa German Airlines said it will implement a 6.5 percent rate increase on air cargo exports fr
TRANSPORT CALENDAR
JOC Staff |
Council of Logistics Management. Dec. 2. New York round table. Ray Carmichael, vice president of Nat
DOLLAR ENDS MIXED AHEAD OF HOUSE VOTE ON NAFTA PACT
Alan Zimmerman |
The U.S. dollar was mixed Wednesday after giving back early gains spurred by the belief that the Nor
TALKS BEGIN ON WORLD ACCORD TO OPEN UP PUBLIC PROJECTS
John Zarocostas |
Officials from more than 20 nations began a new round of confidential talks Wednesday to hammer out
US CARRIERS TO STORM MEXICO _ WITH OR WITHOUT NAFTA
Gregory S. Johnson |
The North American Free Trade Agreement notwithstanding, U.S. foreign investment and trade with Mexi
TNT EXPRESS ENTERS INDIAN VENTURE
William Armbruster |
TNT Express Worldwide said it has formed a joint venture in India, claiming to be the first global e
CHILE VOWS RETALIATION IF US RESTRICTS FLIGHTS
A.K. O'reilly |
Chilean officials said they will retaliate against American Airlines Inc. and United Airlines if the
TRANSPORT BRIEFS
From Wire and Staff Reports |
AIR EXPRESS INTERNATIONAL POSTS FALL IN EARNINGSDARIEN, Conn. - Air Express Internat
CN NORTH AMERICA SELLS 90-MILE RAIL LINE IN QUEBEC
Journal of Commerce Staff |
CN North America, as part of its continuing effort to halve its Eastern network by 1995, announced W
ROLLS-ROYCE GEARING UP TO SELL MORE AIRCRAFT ENGINES TO CHINA
P.T. Bangsberg |
Rolls-Royce PLC, the world's third-ranked maker of aircraft engines and a strong player in general i
ANALYSTS WATCH FOR CUT IN AILING A&A'S DIVIDEND
Paul Dykewicz |
The world's second largest insurance brokerage has chalked up losses that have analysts watching for
CONRAIL FIGHTS PLAN TO SHARE ROUTE TO PORT OF BOSTON
Michael S. Lelyveld |
Consolidated Rail Corp. is opposing a plan that would force it to share its mainline track in Massac
COURT RULES INSURERS ARE LIABLE IN MAJORITY OF ASBESTOS CASES
Bob Egelko |
Asbestos manufacturers who face thousands of claims for sickness and death of shipyard workers and o
SHIPPERS APPLAUD EFFORT TO DEREGULATE INTRASTATE TRUCKING
Bill Mongelluzzo |
Shippers and other proponents of trucking deregulation in three of the nation's largest markets - Ca
PANEL MAY END INSURERS' BANK OFFICER EXCLUSION
WILLIAM DiBENEDETTO |
The chairman of a House banking panel wants to stop insurers from barring regulatory agency claims o
FREIGHT RATE FUTURES
JOC Staff |
Nov. 17, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1300 (Nov. 17, 1993) Previous day - 1306 The Baltic International Freight Futures Market in
Maritime
US HULL INSURERS DIDN'T CLEAN UP WHEN BRITISH SYNDICATES WITHDREW
Margo D. Beller |
Shipping lines say that London remains the market of choice for hull and cargo coverage, thwarting l
ENERGY DEPT. FACES NEW RULES ON SHIPPING NUCLEAR FUEL
Mary Helen Frederick |
The Department of Energy won't be able to ship spent nuclear fuel through Hampton Roads or other Ame
Maritime
DEFENSE BUDGET LIKELY TO BUOY YARDS, COMMERCIAL BUILDING
Mary Helen Frederick |
U.S. shipbuilders' efforts to build more commercial vessels should get a boostfrom the $261
Maritime
SHIPPERS, BRAZILIAN PORT SEE NO RELIEF FROM COSTS, DELAYS IN SUGAR SHIPMENTS
Tom Murphy |
Faced with possible record 1993-94 (May-April) sugar shipments, high costs and delays at Brazil's so
Maritime
MEXICO'S POOR FIND SURVIVAL MORE PRESSING THAN POLLUTION
Josh Lemieux |
Home for Tomasa Garcia is a shanty surrounded by a blowing, often-burning sprawl of garbage at the c
CLINTON COMES TO SEATTLE WITH BIG EXPORT GOALS
John Davies |
Fresh from a hard-fought battle over the North American Free Trade Agreement, President Clinton is d
SPOT PRODUCT PRICES
JOC Staff |
Nov. 17, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
REPORT SAYS NAVY SHIP HIT SAILBOAT DURING RESCUE, CAUSING DEATH OF 1 MAN
Janet Rae-Dupree |
One of two U.S. Navy ships trying to rescue five passengers from a storm- damaged sailboat apparentl
Maritime
MEXICO LOWERS OIL EXPORT TARGETS
Knight-Ridder Financial |
Mexico will fall short of its oil export target for 1993, and is projecting lower oil export levels
SHELL PLANT IN CALIFORNIA ENDS CLEAN-DIESEL OUTPUT
Knight-Ridder Financial |
Shell Oil Co. has ended test production of diesel that meets California air- quality standards at it
WEST COAST GASOLINE EXPORTS MAY RISE AS US DEMAND DIPS
Knight-Ridder Financial |
Gasoline exports from the U.S. West Coast are expected to increase as domestic demand begins its nor
ENERGY BRIEFS
From Wire and Staff Reports |
NIGERIAN STRIKE SPREADS, REPORTS SAYLAGOS, Nigeria - The Nigerian workers' strike ag
ASIAN COUNTRIES MUST AVOID FORMING A REGIONAL TRADE BLOC, OFFICIAL SAYS
Brian Johns |
The dynamic economies of the Asia-Pacific region should not succumb to the temptation of forming the
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Nov. 17, 1993 Prevailing sellers' posted prices at the close of business, represen
LATIN AMERICAN DEMAND FOR ETHYLENE TO BOOM
Journal of Commerce Staff |
Latin American ethylene demand will grow by almost 50 percent by the end of the decade, accounting f
CHINESE BUYERS AWAIT PRICE DROP BEFORE RE-ENTERING COPPER MARKET
Knight-Ridder Financial |
Chinese buyers are keeping clear of the copper market in the hopes that prices will sink, traders sa
ALGERIA CONSIDERS REFORM OF HYDROCARBON INDUSTRY
Knight-Ridder Financial |
Algeria will consider adopting a new strategy for its hydrocarbon sector following a highly critical
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