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DAILY PETROLEUM PRICES
JOC Staff |
Friday Sept. 17, 1993 Prevailing sellers' posted prices at the close of business, representi
NEDLLOYD TO CUT 300 MORE JOBS IN REVAMP OF TRUCK, SHIP UNITS
Bruce Barnard |
Royal Nedlloyd NV announced a major shake-up of its shipping, distribution and trucking operations i
Maritime
BANANA BAN HURTS PORTS
Miriam Widman |
When Bernd-Artin Wessels got the chance to mold the banana of his dreams, he built a two-faced desig
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
MARITIME BRIEFS
From Wire and Staff Reports |
PORTSMOUTH SHIPYARD LOSES 3RD NAVY PACTKITTERY, Maine - Portsmouth Naval Shipyard ha
Maritime
US CORN GLUTS JAPAN MARKET AS AUGUST SHIPMENTS ARRIVE
Jennifer Allen |
U.S. corn shipments are glutting Japan's market as extra cargoes bought this summer arrive at ports,
J.B. HUNT'S SMART SYSTEM CUTS COMMUNICATIONS COSTS
Dane Hamilton |
High-tech satellite communications between truck dispatchers and their drivers have dazzled the moto
FDA TOXIN RULES EXPECTED TO STABILIZE US WHEAT MARKET
Candice Bowman |
Vomitoxin tolerance levels announced late Thursday should take the uncertainty out of the wheat mark
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
CHINA BLOCKS EVERGREEN FROM STARTING AIR LINK
William Armbruster |
Chinese authorities have blocked plans by a U.S. cargo airline to begin a weekly freighter service l
EUROPEAN CARGOES PRESSURE NY HARBOR 1 PERCENT NO. 6 OIL
Knight-Ridder Financial |
Spot prices for No. 6 oil, 1 percent sulfur, for October delivery into New York harbor are being pre
FCC DECISION IMMINENT ON ANTI-COLLISION DEVICE
Dane Hamilton |
Action is imminent on a technology firm's Federal Communications Commission applicationthat would al
Transport, Trade and Regulation News
US BEGINS PROBE OF LABOR RIGHTS IN INDONESIA
P.T. Bangsberg |
As an American team begins investigating Indonesia's labor record today, one industry group said U.S
"FRESHMOBILE' CALLED CHEAPER WAY TO HANDLE MORE REFRIGERATED GOODS
William Armbruster |
Seeking to tap the growing air cargo market for fresh fish, produce, flowers and pharmaceuticals, Su
Transport, Trade and Regulation News
CLINTON STILL PLANS TAX ON BARGES, INLAND WATERWAYS CONFERENCE LEARNS
Tim Sansbury |
The Clinton Administration is still planning to tax barge lines and their customers to recoup the co
Maritime
SPECIAL ZONES FOR PROMOTION OF IMPORTS SET IN JAPAN
Mark Magnier |
Japan's Import Board met Friday and agreed to designate five areas as special import promotion distr
Maritime
MINISTER SAYS TOKYO UNIFIED ON TRADE TARGET
Journal of Commerce Staff |
Japan's trade minister has denied there was a division within the Cabinet over numerical targets and
Maritime
TRANSPORT INDUSTRY GIVES COLD SHOULDER TO AUTOMATED FILING
Mark B. Solomon |
The Interstate Commerce Commission's proposal to automate its tariff-filing procedures has received
MILITARY AIR PACTS TOTAL MORE THAN $200 MILLION
Mark B. Solomon |
U.S. airlines, including several cargo carriers, last week received more than $200 million in milita
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 17, 1993 Copper Total, 93,788. Gold Total, .2,444,038.Silver Total, .2
HOUSE, SENATE HEAD FOR SHOWDOWN OVER SHIPYARD PROMOTION PROGRAM
WILLIAM DiBENEDETTO |
The House and Senate are headed for a showdown over whether to include a U.S. shipyard promotion pro
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1423 (Sept. 17, 1993) Previous day - 1424 The Baltic International Freight Futures Market in
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
ONE MAN DIES IN FIRE ON OIL-CHEMICAL SHIPLONDON - The 17,740-deadweight-ton oil-chem
Maritime
CZECH JOBLESSNESS HITS POST-REVOLT HIGH
Knight-Ridder Financial |
In August, for the first time since the 1989 anti-communist revolt, joblessness in the Czech Republi
DEBT PROBLEMS OF ARAB NATIONS EASING FOLLOWING ECONOMIC REFORMS
Ahmed Al-Jabri |
Arab states have started to taste the gains of economic reform, with their debt problem easing sligh
ST. LAWRENCE TRAFFIC SLOWS OVER DISPUTE WITH PILOTS
Leo Ryan |
Commercial navigation on the St. Lawrence River between Montreal and Quebec City has been partly dis
Maritime
TSA LINES LIMIT SPACE TO BOOST OCEAN RATES
Mark Magnier |
Carriers moving goods from Asia to the United States are increasing the amount of vessel space they
COST OF CREDIT
JOC Staff |
Friday, Sept. 17, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CANADIAN PRICES UP AT 1.7 PERCENT RATE
Knight-Ridder Financial |
Increases in clothing, tobacco products and alcoholic beverages pushed Canadian consumer prices up 0
RHONE WORKERS HURT IN LEAK AT W.VA. PLANT
Associated Press |
A maintenance worker at a chemical plant that was the site of an explosion and fire Aug. 18 was inju
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
AID ADMINISTRATOR URGES CLOSURE OF 22 MISSIONS AROUND THE WORLD
Doug Palmer |
The head of the U.S. Agency for International Development said Friday that he has recommended closin
Maritime
CHINA SWEETENS POT TO LURE FOREIGN OIL FIRMS TO FIELD
Kim Coghill |
China, facing explosive energy demand, is planning to award foreign oil companies exploration rights
INVESTMENT FUND POISED FOR FORAY INTO CUBA
Doreen Hemlock |
A new Cuba-related investment fund plans to start selling shares next week seeking an initial $10 mi
Maritime
EC TO WORK ON STEEL RESCUE PLAN NATIONAL SUBSIDIES STIR RIVALRIES
Bruce Barnard |
European Community industry ministers will attempt to narrow differences over steel subsidies Tuesda
Maritime
SONOCO TO INCREASE CONSUMER FOCUS
Journal of Commerce Staff |
Sonoco Products Co., a large producer of packaging, wants to increase its focus on consumer products
OVERCAPACITY WORRIES S. KOREAN OIL COMPANIES
Jean Yoon |
The planned 458,000-barrel-a-day expansion in South Korean oil refining capacity may prove excessive
US-EC TEXTILE DEAL MAY END TARIFF DEADLOCK
John Zarocostas |
An agreement by major U.S. textile industry bodies to accept a reduction in high tariff levels could
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
BALTIC PORTS STRUGGLE IN CHANGING WORLD
Milan Ruzicka |
With tonnage down by almost one-half from the heyday of the 1980s, and few prospects for improvement
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