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LUTINE SEEKS $300 MILLION FOR LLOYD'S MEMBERSHIP
Paul Dykewicz |
Lutine Capital Corp. of Bermuda hopes to become the first corporate member of Lloyd's of London thro
RELUCTANT EC LEADERS TO CELEBRATE MAASTRICHT DIVISION REMAINS AMONG MEMBERS
Bruce Barnard |
European Community leaders will sit through a summit here Friday that nobody wants, not even the hos
THREAT OF TRUCKING STRIKE GAINS MOMENTUM
Dane Hamilton |
Resentment over high diesel fuel costs continued in many parts of the country this week, fueling sup
WHITE HOUSE SENDS PLAN TO FUND NAFTA TO CONGRESS
John Maggs |
The Clinton administration Wednesday forwarded to Capitol Hill its plan to fund the North American f
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 27, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
THE ECONOMY
Census Bureau; Knight-Ridder Tribune |
DURABLE GOODS Percent ChangeElectrical equipment +3.0%Trans. equipment -1.8%
ITALIAN AIDE SAID TO STALL BANK PRIVATIZATION
P.K. Semler |
Paolo Savona, Italy's industry minister, is trying to sabotage plans to sell off Italy's two largest
Maritime
NEW OIL PRODUCTS TO BOOST MARKETERS, INDUSTRY EXPERT SAYS
George F.W. Telfer |
Energy taxes and regulation will increase during the next several years, but a proliferation of oil
CENTRAL AMERICAN INTEGRATION TO BE FOCUS OF PRESIDENTIAL MEET
Knight-Ridder Financial |
Central American presidents are expected to focus on strengthening their commitment to regional inte
Maritime
CHINA RAISES ENERGY CAPITAL BY SELLING PART OF POWER STATION
Reuters |
China for the first time has sold part of a state-owned power station to a foreign company to raise
ENERGY BRIEFS
From Wire and Staff Reports |
ELF SUSPENDS WORK ON NIGERIAN FIELDLAGOS, Nigeria - Elf Petroleum, one of the major
TRADE BRIEFS
Wire and Staff Reports |
SOUTHEAST ASIA TRIANGLE GETS TELECOM BOOSTKUALA LUMPUR, Malaysia - Companies from Indonesia,
Maritime
CONRAIL GETS LIFT FROM GM'S DECISION TO KEEP NY PLANT OPEN UNTIL 1996
Gregory S. Johnson |
Consolidated Rail Corp. has received a shot in the arm from General Motors Corp.'s announcement that
PORT PROBLEMS CONTRIBUTE TO DECLINE IN JAPANESE ECONOMY, SHIPPER SAYS
Mark Magnier |
Inefficiencies at Japanese ports - including mounting costs and rules that prevent ship-handling on
Maritime
GERMAN SHIP MERGER SNAGGED ON COST ISSUES, CULTURE CLASH
Miriam Widman |
Merger negotiations between the new owners of a key eastern German shipping line and Senator Lines G
DU PONT ORDERED TO PAY $3.16 MILLION IN BENLATE VERDICT PART OF BLAME ASSIGNED TO NURSERY
Associated Press |
Benlate DF fungicide damaged plants at Sunshine Foliage World of Zolfo Springs, Fla., and Du Pont sh
MO. EXPECTS FEWER EMPLOYERS TO USE COMP POOL IN '94
Carl Manning |
The number of Missouri employers buying workers compensation insurance in the costlier, assigned-ris
NS AND CONRAIL EXPAND INTERMODAL SERVICE
Rip Watson |
Norfolk Southern and Conrail are forging still another commercial bond by inaugurating intermodal se
DEL MONTE REBUTS RUMORS, WON'T LEAVE FLA. PORT
Knight-Ridder Newspapers |
Del Monte Tropical Fruit Co. is planning to transfer about a half-dozen members of its sales staff f
Maritime
EUROPE-ASIA CAPACITY RESTRAINTS LIFTED
Journal of Commerce Staff |
All restrictions on cargo space in the containerized Europe-to-Asia trades were lifted Wednesday bec
Maritime
HOUSE PANEL SCRAPS RIVAL REDLINING BILL
Journal of Commerce Staff |
The House Energy and Commerce Committee Tuesday scrapped a competing panel's bid to address insuranc
KANSAS CITY SOUTHERN INDUSTRIES POSTS RECORD 3RD-QUARTER EARNINGS
Journal of Commerce Staff |
Kansas City Southern Industries Inc., which has financial services and transportation divisions, rep
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
BALTIC FREIGHT INDEX
JOC Staff |
1325 (Oct. 27, 1993) Previous day - 1331 The Baltic International Freight Futures Market in
Maritime
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
RUSSIAN TRADE SURPLUS MAY TOTAL $10 BILLION
Milan Ruzicka |
In what could be the brightest spot on Russia's bleak economic landscape, the country expects to pos
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 27, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
JANUARY DEADLINE SET TO FORGE NEW EXPORT CONTROL ALLIANCE
Michael S. Lelyveld |
A January deadline has been set for a historic allied agreement to create a new international export
Maritime
NEW INDIAN PORT TO HOUSE MASSIVE SHIPBREAKING YARD
N. Vasuki Rao |
A joint-venture port planned in the western state of Gujarat will have what is claimed to be one of
Maritime
CUMULATIVE '79-'92 BUDGET DEFICIT ROSE TO $73 BILLION IN CHINA
Reuters |
China's cumulative budget deficit between 1979 and 1992 reached 422 billion yuan ($73 billion) using
FREEPORT EXPECTS DEMAND FOR COPPER TO GROW IN '94
Knight-Ridder Financial |
Freeport McMoRan Copper and Gold Inc. said Tuesday that copper demand next year could increase with
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
RUSSIA PREDICTS DROP IN 1994 GRAIN HARVESTMOSCOW - The Russian Agriculture Ministry,
TRANSPORT CALENDAR
JOC Staff |
Air Cargo Association. Oct. 28. Holiday Inn at John F. Kennedy International Airport. LuncheonSpeake
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 27, 1993 Quotations are based on prices reported in the market or obtained from s
COURT OVERTURNS RULING, EXEMPTS 3 WIS. FERRIES FROM TAXATION
Robert Imrie |
Owners of ferries that run between Bayfield and Madeline Island in Lake Superior should not have bee
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, Oct. 27, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MEXICAN RAILWAY, NISSAN SUBSIDIARY SHIP CARS TO JAPAN
Kevin G. Hall |
Just months after winning a contract to jointly operate an auto-handling facility at Mexico's west c
PEOPLE - MARITIME
From Wire and Staff Reports |
COLUMBUS LINE (Jersey City, N.J.) - Daniel Pastore was named senior marketing analyst inthe carrier'
Maritime
TRADING WITH EGYPT CUSTOMS SNARLS IN EGYPT CAUSE IMPORT HEADACHES
Kenneth Wolf |
Some U.S. exporters are finding that getting through Egyptian customs is like solving the riddle of
Maritime
INSIDE TALK - ALLEN WASTLER IN THE TRUE SPIRIT OF HALLOWEEN, IT'S TALES FROM THE (SHIP'S) CRYPT
Allen Wastler |
It's Halloween. Time to revisit those tales that become part of maritime legend. Take the ca
Maritime
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