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LAWMAKERS OPTIMISTIC ON MARITIME POLICY AFTER CLINTON TALKS
Journal of Commerce Staff |
A long-awaited White House meeting with congressional maritime leaders on shipping policy Tuesday yi
Maritime
DOLLAR FALLS ON WEAKNESS IN ECONOMY MARK RISES
Alan Zimmerman |
The dollar declined Tuesday on the market's sour view of the U.S. economy. Dealers said trad
EXEL ENTERS PROPERTY UNDERWRITING, OFFERING SUPPLEMENTAL INSURANCE
Paul Dykewicz |
EXEL Ltd. began offering Fortune 500 companies up to $50 million in supplemental property insurance.
HOUSE SUBCOMMITTEE EXPANDS
Journal of Commerce Staff |
The House Public Works and Transportation committee added two women to the majority staff of the pan
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
AMAZON LINES OFFERS SERVICE FROM BRAZIL TO NORTH CAROLINA
Journal of Commerce Staff |
Amazon Lines Ltd. is offering monthly service from the east coast of South America to North Carolina
Maritime
MEXICO SEEKS, THEN NIXES, INVESTMENT BY US UTILITIES
Elliott Blair Smith |
Two years ago, Mexico's power utility, the Comision Federal de Electricidad, began soliciting large
SHENZHEN SHOW AIMS TO ENTICE FOREIGN FIRMS
P.T. Bangsberg |
Some 250 large and medium-sized Chinese companies are setting out their wares this week in the south
Maritime
OPEC BLASTS ENVIRONMENTAL TAXES ON ENERGY
Reuters |
OPEC President Jean Ping lashed out Tuesday at energy taxes with environmental overtones, calling th
ROYAL INSURANCE WILL CUT 11 PERCENT OF HEADQUARTERS STAFF
Joseph Menn |
After weeks of speculation, Royal Insurance USA said Monday it is firing 124 of the roughly 1,100 em
EXXON UNIT BLACKLISTS 19 BAY AREA SHIP PILOTS
Allen R. Wastler |
The shipping arm of Exxon Corp. has blacklisted nearly a third of the marine pilots licensed to guid
EX-WASH. GOV. GARDNER TAPPED FOR GATT POST
Keith M. Rockwell |
President Clinton has chosen former Washington Gov. Booth Gardner as the deputy U.S. Trade Represent
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 12, 1993 Prev. Life of Contr. OpenOpen High Low
GERMAN COURT CLEARS WAY FOR MAASTRICHT TREATY
Miriam Widman |
Germany's Constitutional Court Tuesday upheld the European Community's treaty on European Monetary U
GRACE SUBSIDIARY, FDA REACH ACCORD ON IMPORTS
JOC Staff |
The U.S. Food and Drug Administration reached agreement with National Medical Care Inc. (NMC), a sub
MAJOR NH LOGGER SAYS STATE, MILLS EXAGGERATING PROBLEM OF EXPORTS
Associated Press |
It's more profitable to export raw timber than to process it in the statebecause foreign cou
LOGISTICS MANAGEMENT TAKES OFF
Doug Harper |
Despite a slow start and something of an identity crisis, logistics management is on its way to beco
EC, US SHIPPING RULES MUST CONFORM, AIDE SAYS
Janet Porter |
Different rules for liner shipping on either side of the Atlantic would not be acceptable, Britain's
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
LLOYD'S REJECTS CLAIM FROM EXXON FOR SPILLLONDON - Underwriters at Lloyd's of London
TEAMSTERS ORDER NEW VOTE AT NORTHWEST INDIANA LOCAL
Knight-Ridder Newspapers |
The ruling council of the Teamsters union has ordered a new election at the local covering 5,200 Nor
SPOT COMMODITIES
JOC Staff |
Oct. 12, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 12, 1993Brent Crude Oil - (Dollars Per Barrel)
ESPY TO URGE CHINA TO BOOST BUYS OF US COTTON AND WHEAT, AIDE SAYS
Knight-Ridder Financial |
On his visit to China starting Oct. 19, Secretary of Agriculture Mike Espy will urge trade officials
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Oct. 8, 1993. U
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 12, 1993 Quotations are based on prices reported in the market or obtained from s
SEGA, EMERY: PARTNERS IN "TIME'
William Armbruster |
"Time-definite shipping" and "partnershipping" are more than buzzwords among shippers looking to cut
DEBATE RAGES ON MERCHANT MARINE ROLE
Peter M. Tirschwell |
Behind the fierce debate over whether the United States should continue subsidizing U.S.-flag vessel
3,000 EXPECTED TO ATTEND AS MTC EXPO '93 OPENS
Special to The Journal of Commerce |
Representatives from more than 120 organizations, ranging from carriers and ports to freight forward
FLORIDA SPECIAL SESSION TO TACKLE INSURANCE ISSUES
Curt Anderson |
Tackling two major insurance crises and banning youngsters from toting guns top the agenda for a fiv
PUBLISHER'S NOTEBOOK
Don C. Becker |
You have to admire brave souls with responsible jobs who are willing to make gutsy public prediction
SEA CONTAINERS TO ACQUIRE BOXES FROM GERMAN LESSOR
Janet Porter |
Sea Containers Ltd., the London container-leasing and shipping group, has agreed to buy the containe
Maritime
RESEARCH QUESTIONING ROLE OF RAILS WINS AUTHOR SHARE OF NOBEL PRIZE
Gregory S. Johnson |
Research showing that U.S. railroads were not important to America's economic development won its au
NEW HAMPSHIRE WON'T PUSH LOG EXPORTS
Robert Braile |
New Hampshire, the state renowned for promoting everything from liquor to lakes, will stop promoting
FINANCING TRADE - GORDON PLATT ADVISORY PANEL URGES MORE US FUNDS FOR EXPORT GUARANTEES
Gordon Platt |
A U.S. advisory committee last week urged the Clinton administration to sharply increase spending on
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 219.25 up 0.81 which compares wi
AGENCY TOLD TO DISCLOSE KY. CENTRAL'S BIDDERS' NAMES
Kit Wagar |
The Kentucky Insurance Department must disclose the names of bidders for the failed Kentucky Central
TANKER OWNERS, OIL COMPANIES LOCK HORNS OVER SPOT MARKET
Janet Porter |
Tanker owners remain at loggerheads with their customers about the depressed state of the market, bl
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Oct. 12, 1993 Prevailing sellers' posted prices at the close of business, representi
LOGISTICS FIRMS: BEST IS YET TO COME
Gregory S. Johnson |
Contract logistics firms, entrenched in U.S. manufacturing as top management focuses on core busines
CYPRUS MERGER GIVES AMAX GROWING ROOM, CHAIRMAN SAYS
Roberta C. Yafie |
The pending merger of Amax Inc. and Cyprus Minerals Co. will give Amax's coal, gold and molybdenum b
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