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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Sept. 22, 1993 Prevailing sellers' posted prices at the close of business, represe
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
DEMURRAGE COSTS ADD UP AS FULL TANKS HIT JAPANESE
Lisa Twaronite |
Japanese oil and trading companies are paying out large sums in demurragebecause of unloadin
BANGLADESH OKS JUTE FIRM CLOSURE
JOC Staff |
Bangladesh has formally approved the closing of a loss-making state jute company, parliamentary offi
Maritime
API WEEKLY REPORT CRUDE INVENTORIES DIPPED LAST WEEK
Knight-Ridder Financial |
Crude oil inventories fell by 2.0 million barrels in the week ended Aug. 27 compared with the previo
WEAKNESS FAILS TO DAMPEN NATURAL GAS PRICE OUTLOOK
Pamela Conway |
Although U.S. cash prices for natural gas have fallen sharply in September to near $2 a thousand cub
TRADING WITH THAILAND US COMPUTER PRODUCTS SELL VERY WELL IN THAILAND
Kenneth Wolf |
In Thailand, where more than half the people are rice farmers, U.S. computer products are coming on
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Sept. 22, 1993Bid AskedCopper_
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
GERMAN CABINET SIGNS NEW COCOA AGREEMENTBONN, Germany - The Cabinet decided to sign the Inte
ENERGY BRIEFS
From Wire and Staff Reports |
RI ADVISED TO REJECT HYDRO-QUEBEC OFFERPROVIDENCE, R.I. - Rhode Island is being advi
CLINTON PESTICIDE PLAN DRAWS FIRE FROM ALL SIDES
Jerri Stroud |
The Clinton administration's attempt to strike a balance in pesticide regulation drew protests from
14 FEARED DEAD AS GERT WREAKS HAVOC ON MEXICO
Reuters |
At least 14 people were feared killed after Hurricane Gert dumped as much as 16 inches of rain in ea
Maritime
CONSUMER PRICES RISE IN S. AFRICA
Reuters |
South Africa's all-items consumer price index rose 0.5 percent in August from July, after rising 0.8
CLINTON, CONGRESS ON COLLISION COURSE OVER DIRECTION OF MARITIME POLICY
Journal of Commerce Staff |
The Clinton administration and congressional maritime leaders, who have been unable to agree on mari
Maritime
RUSSIAN TRADERS SHRUG OFF POLITICAL CRISIS, CONCERNS
Brian Killen |
Russian commodities traders, accustomed to political turmoil, said Wednesday it would be business as
LOS ANGELES SHOULD KEEP HANDS OFF PORT REVENUE, SHIPPING EXECUTIVES SAY
Bill Mongelluzzo |
Richard Riordan has been in office for only 2 1/2 months, but shipping executives here say the new
Maritime
MALAYSIA MINERS TO CUT TIN OUTPUT
Knight-Ridder Financial |
Malaysian tin mine operators agreed Tuesday to cut their output by 20 percent to help boost prices,
STUDY CALLS 40 PERCENT OF GOLD RESERVES IN S. AFRICA "STERILE'
Sean Ross |
An analysis by South Africa's Chamber of Mines published Wednesday said that 40 percent of the count
PRODUCERS SELLING SOME COCOA INTO BULLISH FUTURES MARKET
Knight-Ridder Financial |
Various cocoa producers have been selling into the recent cocoa futures rally, on a regular basis, a
INSURANCE BRIEFS
Wire and Staff Reports |
NY WON'T ASK EMPIRE TO REFILE DATANEW YORK - The New York Insurance Department said
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 22, 1993 Quotations are based on prices reported in the market or obtained
TWO MORE RESIGNATIONS ROCK LOUISIANA BLUES
Associated Press |
Milton J. Womack, named chairman of Blue Cross & Blue Shield of Louisiana last month in the wake of
PRIMERICA CORP., TRAVELERS DISCUSS POSSIBLE MERGER ANALYSTS CALL IT A $10 BILLION DEAL
Margo D. Beller |
Primerica Corp. and Travelers Corp. said Wednesday they were discussing a merger that would create,
SHIPPERS USING "GERIATRIC' VESSELS MAY FACE INCREASE IN PREMIUMS
Janet Porter |
Shippers who employ old ships may face hefty increases in cargo insurance premiums if underwriters g
HOUSE BANKING COMMITTEE APPROVES STRICTER ANTI-REDLINING MEASURE
William Dibenedetto |
Spurred by Clinton administration support, the House Banking Finance and Urban Affairs Committee Wed
CLINTON PLAN LETS COMP INSURERS MANAGE MEDICAL SERVICES, FOR NOW
Paul Dykewicz |
The Clinton administration's health reform package will temporarily leave workers compensation insur
CLAIM PAYMENT CUTS PLANNED IF CLINTON PLAN IS ADOPTED
From Wire Reports |
Chief executives of some of the nation's largest health insurers say their companies will take drama
INDICTMENTS CHARGE 37 PEOPLE WITH INSURANCE CLAIM FRAUD
Journal of Commerce Staff |
The U.S. Attorney for the Eastern District of New York Wednesday unsealed 12 indictments charging 37
LAWMAKERS SEEK AUTO LAW SUPPORT
Associated Press |
Republican legislative leaders say they'll scrap plans for a special session next week if they don't
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
AMTRAK WRECK KILLS 40, SNARLS FREIGHT TRAINS
Rip Watson |
Investigators were slogging through a remote southern Alabama swamp today searching for clues to wha
GATT CHIEF: DEVELOPING NATIONS SHOULD HAVE BIGGER ROLE IN TALKS
Robin Bulman |
The United States and the European Community must do more to include developing countries in the ong
JOURNAL OF COMMERCE - FAST FACTS AVERAGE ADJUSTED TRUCK TONNAGE INDEX
American Trucking Associations |
No text.
SHIPOWNERS PUSH FRANCE TO KEEP MARITIME ISSUES ON GATT TABLE
Tara Patel |
France's shipowners are pressuring the French government not to accept U.S. demands to pull maritime
Maritime
IT'S BUSINESS AS USUAL IN RUSSIA, BUT EUROPEANS KEEP EYE ON EAST
Milan Ruzicka |
European transportation companies reported no delays or cancellations in service to any part of Russ
FLOOD-RAVAGED MO. AIRPORTS SET TO RECEIVE FEDERAL AID
St. Louis Post-Dispatch |
Missouri's flood-damaged general aviation airports will be getting some help through a grant from th
FRENCH TANKER OWNER URGES INSURERS TO SHIFT FOCUS TO SHIP MANAGEMENT
Janet Porter |
A prominent tanker owner is pressing marine underwriters to shift attentionfrom the conditio
Maritime
TRANSPORT CALENDAR
JOC Staff |
Freight Cost Control Workshop. Sept. 23. Sponsored by Wm. Carter & Associates. Ramada Inn Long Beach
US PRESSED TO INCLUDE SHIPPING IN GATT WASHINGTON PLANS TO SUBMIT PROPOSAL _ EVENTUALLY
John Zarocostas |
The United States is coming under heavy pressure from the major shipping powers to join the nations
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