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JAMAICA LIFTS ITS IMPORT DUTY ON RICE SHIPPED UNDER AID PROGRAM
Canute James |
Jamaica has removed the import duty on rice supplied by a U.S. government food aid program.
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
FOREIGN FACTORIES HIT BY STRIKES IN TIANJINBEIJING - Workers at foreign-funded facto
Maritime
UNION SWITCH AND SIGNAL PLANS PUBLIC OFFERING OF 35 PERCENT OF ITS STOCK
Journal of Commerce Staff |
Union Switch and Signal Inc., a supplier of rail operating systems and components, plans to offer a
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
PLATINUM SELLS IN JAPAN EVEN IN A SLOW ECONOMY
Nobuko Hara |
Sales of platinum jewelry in Japan, which make up no less than 40 percent of the world's total consu
PACIFIC NORTHWEST PORTS COMPETING TO GET COSCO'S CONTAINER BUSINESS
John Davies |
The ports of Seattle, Tacoma and Vancouver, British Columbia, are competing furiously for container
Maritime
TOSCO TO PURCHASE BP REFINERY, RETAIL ASSETS IN WASHINGTON, OREGON
Knight-Ridder Financial |
Tosco Corp. said it will buy BP Oil Co.'s 85,000-barrel-a-day refinery in Ferndale, Wash., plus all
AMERICAN CYANAMID RESEARCHER WINS NATIONAL TECHNOLOGY MEDAL
From Wire Reports |
American Cyanamid Co. announced Monday that Dr. Marinus Los, director of crop sciences discovery in
CHINA'S TRADE DEFICIT APPROACHES $6 BILLION
P.T. Bangsberg |
China's trade deficit amounted to US$5.72 billion in the first eight months of this year, up from US
Maritime
NAPSLO MEMBERS CONTEMPLATE "INSURANCE INDUSTRY OF THE FUTURE'
Journal of Commerce Staff |
The "insurance industry of the future" is the theme of the 19th annual convention of the National As
AIG UNIT PLANS CHINESE EXPANSION OTHERS MAY ENTER
P.T. Bangsberg |
The first U.S. insurance firm allowed to operate a branch in China for more than 40 years said Tuesd
TRADE FAIRS
JOC Staff |
NORTH AMERICA Canadian High Technology Show. Oct. 5-6. Toronto. Contact: Barb Mattson, Minne
Maritime
BARGE'S GOODS WASH ASHORE
Journal of Commerce Staff |
Efforts were under way Tuesday to recover 34 containers that fell from a barge Sunday in rough seas,
Maritime
OIL INDUSTRY TO LAUNCH SHIP INFORMATION PROGRAM
Janet Porter |
Most of the world's leading oil companies will exchange information on tankers available for charter
Maritime
WHITE HOUSE, COMPANIES HIT FOREIGN TAX PROPOSAL
WILLIAM DiBENEDETTO |
The Clinton administration and U.S. business leaders oppose a House proposal to replace the foreign
Maritime
NUCLEAR FUEL TAKES TO PA. RAILS DESPITE OPPOSITION
Ramona Smith |
A freight train bearing a heavy cask filled with nuclear fuel rods rumbled through sleeping Philadel
CHINESE FIRM, AMOCO TO STUDY JOINT VENTURES
Knight-Ridder Financial |
Amoco Corp. and China Petrochemical Corp. have signed a general agreement that will enable the two c
GASOLINE PRICES
JOC Staff |
Sept. 28, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pr
RUSSIA ABOLISHES GRAIN SUBSIDY TO CURB SPENDING
Grigori Gerenstein |
The Russian government, in a further step to curtail budget spending, has decided to stop the monthl
LATVIA'S PRESIDENT REASSURES US BUSINESSES OF STABILITY
Christopher Harder |
Latvian President Guntis Ulmanis this week reassured U.S. business executives that his nation's econ
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, Sept. 28, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GEORGIA STATE STUDY SAYS ATLANTA NEEDS NEW RUNWAY, 2ND AIRPORT
Associated Press |
Atlanta's airport is so near capacity that airlines may have to turn passengers away by the 1996 Oly
US DOLLAR LOSES GROUND IN MARK-YEN CROSS-TRADING
Alan Zimmerman |
In early afternoon trading Tuesday between the German mark and the Japanese yen, the U.S. dollar los
FOSS COMPLETES PURCHASE OF BRIX MARITIME CO.
Journal of Commerce Staff |
Foss Maritime Co. has completed the previously announced acquisition of a Columbia River tug-and-bar
Maritime
SHIPBUILDERS PURSUE PHILIPPINE YARD
Knight-Ridder Financial |
Shipbuilders from four Asian countries are looking to buy the state Philippine Shipyard and Engineer
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 28, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
LONG BEACH NET INCOME PLUMMETS SHIFTING AROUND OF FUNDS CITED
Bill Mongelluzzo |
Net income at the normally profitable Port of Long Beach plummeted to $26.7 million in the fiscal ye
Maritime
GUS TAKES THE GUESSWORK OUT OF INSURANCE PRICE-SETTING
Margo D. Beller |
It's hard to lie to GUS. GUS, the Geographic Underwriting System, is a computer program allo
EMPRESA NAVIERA SANTA CANCELS TWO SERVICES
Peter M. Tirschwell |
The Peruvian ocean carrier Empresa Naviera Santa, stung by rates that have fallen by more than 30 pe
NEW SHIPPERS' COALITION PUSHING TO PROTECT US-FLAG MERCHANT FLEET
Tim Shorrock |
A new coalition formed to support the U.S.-flag merchant marine includes every shipping line in U.S.
Maritime
COPPER PRICES TAKE ANOTHER TUMBLE AS STOCKPILES CONTINUE TO MOUNT
Knight-Ridder Financial |
Copper led most metal markets lower Tuesday as the long-running buildup in excess copper stocks cont
CYPRUS MINERALS, AMAX CONSIDER SALE OF MOLYBDENUM ASSETS
Roberta C. Yafie |
Cyprus Minerals Co. and Amax Inc. are weighing the sale of a portion of their molybdenum assets in o
ST. PAUL'S REINSURANCE SUBSIDIARY NAMES JAMES F. DUFFY PRESIDENT
Paul Dykewicz |
St. Paul Re has named James F. Duffy, a corporate insider, as its new president to replace James Whi
SAN FRANCISCO PORT OFFICIAL LOOKS TO FORM TRADE GROUP
Brian Johns |
A leading official at the Port of San Francisco is spearheading an effort to create a new internatio
Maritime
LPG CARRIER BREAKS DOWN
Knight-Ridder Financial |
The 7,000-deadweight-ton liquefied petroleum gas carrier Golden Star broke down off Matanzas, Cuba,
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
REPAIRS MAY DELAY RESTART OF NC PLANTNEW YORK - The restart of Unit 1 at the Brunswi
2 LA. FIRMS ENCOURAGED BY TALKS WITH PEMEX
George F.W. Telfer |
Two companies in Louisiana's oil patch said they made promising initial contacts with Mexico's state
MIDDLE EAST SEEN BECOMING 2ND-LARGEST GAS PRODUCER
Knight-Ridder Financial |
The Middle East region will become the world's second-largest gas supplier after the former Soviet U
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 28, 1993 Quotations are based on prices reported in the market or obtained from
SLUMPING SAN DIEGO-TIJUANA REGION LOOKS TO RETURN TO TRADE PROSPERITY
Kevin G. Hall |
The once-thriving San Diego-Tijuana border region is looking for new ways to develop international t
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