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EXXON UNIT TO PAY $3.8 MILLION FOR FALSIFYING OIL TEST REPORTS
Reuters |
Exxon Corp.'s chemical unit has agreed to pay more than $3.8 million in fines and restitution for it
MARITIME BRIEFS
Wire and Staff Reports |
PORT AGENCY OKS FUNDS TO KEEP PHILA. JOBSCAMDEN, N.J. - The Delaware River Port Auth
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP INC. (New York) - Lynn C. Edwards was named vice president of underwrit
POLITICAL VETERAN NAMED TO HEAD FRANCE'S UAP
William Pitt |
Jacques Friedmann, a longstanding confidant of former French prime minister and presidential candida
MARITIME LOBBY USES MOMENTUM FROM HOUSE VICTORY TO SEEK CHANGES
Tim Shorrock |
Rebounding off a big victory in the House of Representatives last week, maritime lobbyists are now s
Maritime
OPPOSITION GROWS TO US ANTI-DUMPING DEMANDS
John Zarocostas |
Opposition is mounting here to U.S. attempts to alter a code of finely balanced rules on anti-dumpin
LONG BEACH REIGNED IN AUGUST, BUT LA STILL NO. 1 BOXPORT FOR YEAR
Alice Cantwell |
Container traffic at the Port of Long Beach was up markedly in August, allowing it to unseat rival L
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
TRADE BRIEFS
From Wire and Staff Reports |
GTE LEADS IN ARGENTINA FOR CELLULAR LICENSESSTAMFORD, Conn. - A consortium headed by GTE may
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
ALUMINUM INVENTORIES DOWN IN SEPTEMBERLONDON - Total aluminum inventories fell 9,000
SPOT COMMODITIES
JOC Staff |
Nov. 10, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
COAST GUARD INITIATES WINTER PLAN TO AVOID A REPEAT OF ICE JAMS
Leo Ryan |
The Canadian Coast Guard unveiled a plan this week to improve winter navigation on the St. Lawrence
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
OFFICIAL CONFIRMS NEXOS LINE COLLAPSENEW ORLEANS - An executive of Nexos Line Inc. c
Maritime
STUDY TO COMPARE BORDER MANUFACTURING IN US-MEXICO, ASIA
Kevin G. Hall |
Manufacturing along the U.S.-Mexico border lacks the autonomy found in southeast Asian frontier oper
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
UPS TO CLOSE 29 SITES IN CANADA; LAYOFFS LOOMATLANTA - United Parcel Service said it
UPS, TEAMSTERS TAKE NEW LOOK AT SUPPLEMENTAL AGREEMENTS
Dane Hamilton |
Teamsters union leaders, faced with another battle with United Parcel Service Inc. for a new labor c
ENERGY BRIEFS
Wire and Staff Reports |
BANK OF AMERICA TO BACK TWO PHILIPPINE PLANTSHONG KONG - Bank of America will help a
API WEEKLY REPORT CRUDE OIL SUPPLIES FELL LAST WEEK
Journal of Commerce Staff |
U.S. crude oil inventories fell by 4.4 million barrels during the week ended Nov. 5 compared with th
LAKES CARGO INCHES UP FOR US BULK CARRIERS
John Boyd |
U.S.-flag ships hauling bulk freight within the Great Lakes continue to post slight gains in cargo v
Maritime
SEATTLE PORT WILL INVEST IN BOX TERMINAL GROWTH
John Davies |
With container volume at a record level, the Port of Seattle is proposing to spend more than two-thi
Maritime
MALAYSIA MOVING TO INDUSTRIALIZE, FIND NEW NICHES FOR COMMODITIES
Bill Tarrant |
Malaysia will introduce automatic rubber tapping machines on plantations and new palm-oil products a
STUDY: WATERFRONT REFORM IS NO BARGAIN IN AUSTRALIA
Bill Mongelluzzo |
Carriers say Australia's much-heralded waterfront-reform program has failed to work and point to a s
Maritime
AIRLINES SLAPPED WITH HEFTY INCREASES IN INSURANCE RATES
William Pitt |
Hull and liability insurance rates charged to major airlines rose by anaverage of 60 percent
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
SHIPPERS SEEK NEW SALMON MARKETS TO COMBAT WORLD PRICE COMPETITION
John Davies |
Price wars between European fish farmers are forcing Northwest shippers to look for new markets for
Maritime
CONTAINER IMBALANCE FORECAST TO WORSEN
Peter M. Tirschwell |
U.S. containerized exports to Europe are expected to decline almost 9 percent this year, driving up
US SEEKS TO HEAD OFF REVERSE ENGINEERING LAW IN JAPAN
Mark Magnier |
U.S. officials are trying to head off a Japanese attempt to craft a so-called reverse engineering la
INTERMODAL UNIT CATERS TO SMALLER TRUCKERS
Dane Hamilton |
With shippers increasingly demanding intermodal service on their trucking company menus, small and m
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
FIRM POLYSTYRENE PRICES EXPECTED FOR NEAR FUTURE
Ira Breskin |
Look for polystyrene prices to remain firm over the next year or two, sources say. The reaso
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 10, 1993 Quotations are based on prices reported in the market or obtained from s
PRICE SPREAD WIDENS IN ASIA FOR HIGH- AND LOW-SULFUR FUEL
Knight-Ridder Financial |
The price differential between high-sulfur and low-sulfur fuel oil has widened in Asia because of pl
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 10, 1993Brent Crude Oil - (Dollars Per Barrel)
QATAR RULES OUT HASTY ACTION BY OPEC IN WAKE OF PRICE FALL
AHMED al-JABRI |
OPEC countries will assess the reasons behind the recent fall in oil prices before taking any decisi
HALT IN WOOL PAYMENTS PINCHES SHEEP RANCHERS
Associated Press |
Many sheep ranchers expect to lose up to 20 percent of their income when the federal government ends
RUSSIAN TAX POLICY DRIVES AWAY INVESTORS
Mark Magnier |
U.S., Japanese and other foreign investors are pulling out of the Russian Far East in the face of on
HEAVY TRUCK MAKERS CRUISE TOWARD BEST YEAR SINCE '79
Michael S. Lelyveld |
Heavy-truck sales continued to surge in October as the industry raced to the finish of its best year
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
BELGIAN GDP ROSE 0.7 PERCENT IN SECOND QUARTER
Reuters |
Belgian gross domestic product grew 0.7 percent in the second quarter of 1993, compared with a fall
DOLLAR RISES ON US REPORT OF WHOLESALERS' BUOYANT SALES
Isabelle Clary |
The U.S. dollar rose Tuesday, lifted by another report pointing to a strengthening U.S. economy, tra
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