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GLOBAL CAPITAL REINSURANCE LAUNCHES OPERATIONS IN BERMUDA
Journal of Commerce Staff |
Global Capital Reinsurance Ltd. became the latest entrant into the property catastrophe reinsurance
IBERIA EXPECTS LOSS TO BALLOON, MAY SHED LATIN INVESTMENTS
Associated Press |
Spain's state-run Iberia Airlines said it expects 1993 losses to soar to 55 billion pesetas ($425 mi
STUDY SEES LITTLE CHANCE FOR DROP IN SHORT-HAUL TRUCKING RATES
Rip Watson |
Short-haul truckers can cut costs, reduce transit times and improve service reliability, but rates p
STATE TRANSPORT OFFICIALS SUPPORT FLEXIBLE FUNDING
WILLIAM DiBENEDETTO |
State transportation officials Tuesday said provisions in a 1991 highway law that permit funding shi
PEOPLE - MARITIME
Wire and Staff Reports |
INTERNATIONAL SALVAGE UNION (London) - Okkert E. Grapow was elected president of the International S
Maritime
CONSUMER PRICE RISE PUT AT 21 PERCENT IN RUSSIA
Reuters |
Russian consumer prices rose 21 percent in September, down sharply from August, the government press
US URGES JAPANESE TO OPEN MEDICAL EQUIPMENT MARKET
Mark Magnier |
The United States called on Japan Tuesday to at least double to 40 percent its foreign market share
Maritime
POST-CASTRO CUBA UNLIKELY TO WELCOME DICTATING BY US EXILES, EXPERTS WARN
Craig Dunlap |
It's often overlooked in Miami's Cuban exile community, but businesses seeking to jump into post-Cas
AMERICAN CYANAMID, PFIZER AND UPJOHN PLAN JOB CUTS
From Wire Reports |
Three of the nation's top pharmaceutical manufacturers announced plans to reduce their work force as
MALAYSIA OFFICIALS APPROVE 2 FOREIGN REINSURERS
P.T. Bangsberg |
Only days after pulling up the drawbridge to keep out new foreign insurers, Malaysian officials open
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago10/19 10/18 Change % Change: 9/
CANADIAN BHP OBTAINS OPTION TO BUY STAKE IN METALS SITE
Knight-Ridder Financial |
BHP Minerals Canada Ltd. has obtained an option from Kingswood Resources Inc. to earn up to a 70 per
CHINA TO JOIN TIN GROUP ONLY IF ITS TERMS ARE MET
Abdul Jalil Hamid |
China, the world's largest tin producer, will join a grouping of other leading tin-producing countri
SENATE WEIGHS USE OF TROOPS TO STEM ILLEGAL IMMIGRATION
Stephanie Nall |
As the Clinton administration presses for a free-trade agreement with Mexico, the Senate is consider
INSIDE TALK - LARRY KAUFMAN RAILROADS, UNIONS CAN NO LONGER AFFORD US-VS.-THEM ATTITUDES
Larry Kaufman |
Quality programs continue to be a sore subject with unions in the railroad industry. Many union lead
LINES FAIL TO WEAVE STABLE COTTON POLICY
Allen R. Wastler |
The kickoff for the Pacific cotton shipping season is approaching fast, but carriers and shippers ar
INDIA ENDS MARITIME BAN AGAINST SOUTH AFRICA
N. Vasuki Rao |
The government has lifted its ban on shipping services to South Africa following the earlier removal
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
TIES WITH US IMPROVING, CHINESE DIPLOMAT SAYS
P.T. Bangsberg |
A flurry of visits by American governors and company executives leads China to believe relations wil
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 19, 1993Brent Crude Oil - (Dollars Per Barrel)
SPOT PRODUCT PRICES
JOC Staff |
Oct. 19, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
UK SELLERS STASH GASOLINE ON SPECULATION OF DUTY HIKE
Knight-Ridder Financial |
U.K. gasoline wholesalers and distributors are buying gasoline to store in preparation for a possibl
ENERGY BRIEFS
Wire and Staff Reports |
US OIL FIRMS MAY GET KUWAITI CONCESSIONSKUWAIT - Kuwait's oil minister said Tuesday
MAJOR OIL CONSUMERS EXPECTED TO INCREASE RELIANCE ON MIDEAST
K.T. Arasu |
Major oil consumers will become more dependent on the Middle East for supplies in the wake of signif
SENATOR TAKES MILITARY TACK IN HITTING MARITIME SUBSIDIES
Stephanie Nall |
The Senate's leading foe of federal maritime subsidies has launched another attack on cargo preferen
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 19, 1993 Quotations are based on prices reported in the market or obtained from s
USDA SURVEYS 8,000 FRUIT GROWERS ON HERBICIDE AND PESTICIDE USE
Margaret Scherf |
The Department of Agriculture is conducting a national survey of some 8,000 fruit growers to gather
TRADE FAIRS
JOC Staff |
NORTH AMERICA Expo Petro and Chem '93. Nov. 3-5. Mexico City. Oil and gas field equipment. C
Maritime
PANAMA CANAL OFFICIAL TOUTS LOW COSTS IN BATTLE AGAINST RAILROAD COMPETITORS
Craig Dunlap |
The Panama Canal's cost efficiency will ensure that the canal can survive possible competition from
Maritime
OFFICIALS URGE AIR CARGO CARRIERS TO UPDATE ARCHAIC PRICING POLICIES
Craig Dunlap |
If air cargo operations are to be profitable ventures, the airlines must scrap old philosophies and
ICC SAYS COURTS SHOULD DECIDE UP-SP DISPUTE
Mark B. Solomon |
The Interstate Commerce Commission Tuesday voted to stand aside in a long- running trackage rights d
PEOPLE - TRANSPORT
From Wire and Staff Reports |
SOUTHERN PACIFIC RAIL CORP. (San Francisco) - Cannon Y. "Cy" Harvey was named senior vice president
GATT CHIEF CALLS FOR "URGENT MOVES' TO REACH ACCORD
Tara Patel |
The United States and the European Community bear a major responsibility for the "inadequate progres
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
CANADIANS ISSUE POINTED PROTESTS AGAINST US LUMBER IMPORT RULING
Leo Ryan |
Canadian business and government circles reacted sharply to Monday's decision by the U.S. Internatio
Maritime
BUSINESS LEADERS EXPECT BHUTTOTO CONTINUE ECONOMIC REFORMS
N. Vasuki Rao |
Pakistan's business community expects Benazir Bhutto, who returned to power Tuesday as prime ministe
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 19, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
COAL FREIGHT DISPUTE THREATENS ALASKAN TOWN
Associated Press |
Usibelli Coal Mine said that up to one-third of its work force could be laid off if the company can'
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