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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Oct. 13, 1993 Prevailing sellers' posted prices at the close of business, represen
TRADING WITH BELARUS BELARUS TOUTS POLITICAL, ECONOMIC STABILITY
Kenneth Wolf |
While several members of the former Soviet block teeter on the brink of collapse, Belarus, the site
Maritime
CHINA SLASHES 1993 TARGET AS OIL PRODUCTION SLIDES
P.T. Bangsberg |
China appears to be moving the goalposts to put an acceptable face on its generally dwindling oil pr
ENERGY BRIEFS
From Wire and Staff Reports |
IRAN TO PURSUE STABLE OIL PRICESLONDON - Iranian President Ali Akbar Hashemi Rafsanj
INDIA PUSHES COAL EXPORTS AS DOMESTIC DEMAND DIVES
N. Vasuki Rao |
The country's largest state-owned coal company plans to export 1 million metric tons (1.1 million to
EX-BANKER ADMITS ROLE IN BIG RIVERS SCHEME
Bob Lewis |
A former Henderson banker admitted Wednesday that he paid taxes on hundreds of thousands of dollars
CALIF. UTILITY PULLS PLUG ON MEXICAN POWER PLAN
Associated Press |
Southern California Edison Corp. has scrapped plans to operate a Mexican power plant after being cri
NEXT CHALLENGES IN MIDEAST WILL BE TAXATION AND TRADE
Michael S. Lelyveld |
As Israeli and Palestinian officials get down to the business of peace, experts are concerned that t
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of Oct. 9, 1993* Country Category Description
Maritime
US COURT SENTENCES S. AFRICAN FOR TRYING TO EXPORT POLYGRAPHS
Journal of Commerce Staff |
A South African citizen who pleaded guilty last July to attempting to export polygraph machines with
Maritime
KEY NATIONS BACK TAIWAN GATT BID IF TAIPEI ACCEPTS ESTABLISHED CODES
Special to The Journal of Commerce |
The world's leading industrial powers said they were basing their support for Taiwan's entry to the
Maritime
SOYBEAN SALES KEEP SLOW PACE AS FARMERS WAIT
Candice Bowman |
Midwestern soybean farmers, slow to sell much of their new-crop supplies during harvest, are likely
CHEAPER, FLAME-RETARDANT PAINT UNVEILED
Morning News Tribune |
Jack Fabulich, Parker Paint's president, fired up a small jeweler's torch and aimed it at piece of b
ORE. LOG MEASURING UNIT SETTLES WITH DISTRICT COURT
Associated Press |
A log-scaling bureau, in a negotiated settlement, pleaded guilty this week to falsifying measurement
DESPITE BOLIVIA'S PLEA, US AGENCY SAYS IT WON'T CHANGE POLICY ON TIN SALES
Winston Williams |
The U.S. Defense Logistics Agency said there is no change in its policy ofliquidating the 16
INSURANCE BRIEFS
Wire and Staff Reports |
GOTHAER'S MARTIN FREUND DIES OF HEART ATTACKMartin J. Freund, vice president of New
SPOT COMMODITIES
JOC Staff |
Oct. 13, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
TANKER FIRM TO RAISE FUNDS IN AMERICAN EQUITY MARKET
Janet Porter |
London & Overseas Freighters Ltd., a Bermuda-based tanker company, Wednesday announced plans to rais
Maritime
CIGNA CORP. TO CLOSE OFFICE, CUT 400 JOBS IN PHILADELPHIA
Andrew Cassel |
About 400 Cigna Corp. employees will lose their jobs by the end of the year as the Philadelphia insu
JUDGE RULES INSURERS NOT LIABLE FOR CLEANUP
Associated Press |
Atlanta Gas Light Co.'s insurers don't have to help pay for a massive cleanup of toxic coal-tar pits
CANDIDATE FOR MARAD POST WORRIES WATERWAY INTERESTS
Tim Sansbury |
John Graykowski, a Washington attorney, has emerged as the leading candidate for the top policy and
Maritime
US, JAPANESE OFFICIALS TRADE GRIPES OVER INSURANCE MARKET ACCESS
Mark Magnier |
The United States blasted Japan's closed insurance market, calling on the world's second-largest eco
MALAYSIA CLOSES DOOR FOR NOW ON FOREIGN INSURANCE COMPANIES
P.T. Bangsberg |
Citing "foreign domination," Malaysia said this week it will not open up its insurance sector to mor
CONTAINERIZED MARKET SHARE BY LANE AMERICAN PRESIDENT LINES LTD.
Port Import / Export Reporting Service, New York; Journal of |
Lane May-July May-July East Asia to West Coast 13.8 pe
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
JUDGE DISMISSES NJ BID TO HALT URANIUM LOADSTRENTON, N.J. - A federal judge dismisse
Maritime
TRAVELERS ADDS RESERVES FOR ASBESTOS LITIGATION
Associated Press |
Travelers Insurance Co. said Wednesday that it is adding $325 million to its property-casualty reser
GOOD WILL CAN'T RAISE ROADBLOCKS, N. AMERICAN TRUCKING OFFICIALS FIND
Kevin G. Hall |
If good intentions and blossoming friendships were the benchmarks for international trade, motor car
ALLIANCE TO BRING COPYRIGHT TEST CASES AGAINST CHINESE
Sandy Hendry |
China must stamp out the "staggering" growth in copyright piracy or risk U.S. sanctions for not impl
WOMEN'S TRADE GROUP ELECTS OFFICERS
JOC Staff |
The Women's International Trade Association recently elected its 1993-94 officers and board of direc
Maritime
BUSINESS PEOPLE LOOK AHEAD TO OPPORTUNITIES IN PALESTINIAN STATE
TIMOTHY J. McNULTY |
Jerry Khalaf is thinking billboards, he's thinking construction projects, and right now he's thinkin
INSIDE TALK - LARRY KAUFMAN TRUCKERS' LOSSES MAY BE RAILS' GAIN UNDER NEW FUEL TAX
Larry Kaufman |
Motor carriers appear to be eating much, if not all, of a large increase in diesel fuel prices.<
TAIWAN DROPS SUPPORT FOR UK AIRCRAFT VENTURE
Knight-Ridder Financial |
The Taiwan government has withdrawn support for a long-stalled $375 million deal between British Aer
STUDY: 53-FOOTERS ARE TRAILER OF CHOICE
Rip Watson |
The 53-foot truck trailer has become the trailer of choice, according to a survey by XTRA Corp. of B
SHIPPING UNIONS IN MEXICO URGED TO INCORPORATE
Kevin G. Hall |
Maritime unions that have long enjoyed influence in Mexican port operations will have to incorporate
Maritime
PHILIPPINE FIRM, APL PLAN PAKISTANI VENTURE
MICHAEL Di CICCO |
A local container terminal operator hopes to join forces with a U.S. shipping line to manage a port
Maritime
ALAMEDA CORRIDOR RAIL TALKS BACK ON TRACK
Bill Mongelluzzo |
Negotiations between the Southern Pacific Transportation Co. and the ports of Los Angeles and Long B
ASIAN PRESENCE INCREASINGLY FELT ACROSS RUSSIA'S FAR EAST BORDER
Mark Magnier |
At the end of a recent two-hour morning flight from Tokyo to the Russian Far East city of Khabarovsk
CLINTON MAY SEEK HIKE IN AIRLINE FEES
Knight-Ridder Financial |
The Clinton administration may call for a "modest" increase in international airline passenger fees
BN-UNION DIFFERENCES DELAY HEARING
Journal of Commerce Staff |
Although Burlington Northern Railroad and the Brotherhood of Maintenance of Way Employes agreed earl
AIR TRANSPORT GROUP URGES INDUSTRY TO MOVE ON COMMISSION'S FINDINGS
William Armbruster |
The Air Transport Association called Wednesday for the aviation industry tothrow its weight
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