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OPEC BASKET PRICE DROPS 77 CENTS
Knight-Ridder Financial |
The price of the Organization of Petroleum Exporting Countries' basket of seven crudes fell to $15.1
FERC JUDGE RECOMMENDS APPROVAL OF PROPOSED ENTERGY-GSU MERGER
From Wire Reports |
An administrative law judge at the Federal Energy Regulatory Commission has recommended approval of
HERBERGER CONFIRMED AS HEAD OF MARAD
Stephanie Nall |
Retired Navy Admiral Al Herberger was confirmed by the Senate to become head of the Department of Tr
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago9/13 9/10 Change % Change: 8/1
LLOYD'S UNVEILS REQUIREMENTS FOR CORPORATE INVESTMENT
Special to The Journal of Commerce |
David Rowland, chairman of Lloyd's of London, outlined conditions for corporate investment in a 106-
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
GOLD PRICES MAY FALL TO LOWS OF MID-1980SThe price of gold sank Monday to its lowest since A
DU PONT CHEMICALS UNIT OUTLINES PLAN TO CUT 4,500 JOBS BY MID-'94
JOC Staff |
As part of ongoing restructuring efforts, Du Pont's Chemicals & Specialties (C&S) businesses expect
PRODUCER PRICES STABLE IN UK
Knight-Ridder Financial |
U.K. producer output prices were unchanged in August from July, after rising 0.2 percent in July fro
BALTIC FREIGHT INDEX
JOC Staff |
1415 (Sept. 13, 1993) Previous day - 1412 The Baltic International Freight Futures Market in
Maritime
DEL. UTILITY SEEKS OK TO INCREASE GAS PRICES
JOC Staff |
Delmarva Power & Light Co. asked the Delaware Public Service Commission for authorization to increas
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ELF ATOCHEM TO REVAMP POLYETHYLENE BUSINESSPARIS - French chemicals firm Elf Atochem
MARINE INSURERS QUESTION COAST GUARD'S CLEANUP ROLE
Paul Dykewicz |
What began in 1965 as a backyard barbecue for 25 people has evolved into the world's largest annual
JAPANESE, RUSSIANS TO EXPAND TERMINAL
Knight-Ridder Financial |
Tomen Corp. of Japan and two Russian firms will jointly expand terminal facilities at the Siberian P
S. KOREAN PETROCHEMICAL FIRMS MAY LOWER ETHYLENE PRODUCTION
Knight-Ridder Financial |
South Korea's petrochemical companies are looking into lowering the rate of operation of naphtha-cra
JOURNAL OF COMMERCE - FAST FACTS TOP US GULF CONTAINERPORTS
PIERS, New York |
No text.
AIR WAYBILLS ARE JUST THE TICKET TO BYPASS MEXICO BORDER DELAYS
Kevin G. Hall |
Hoping to eliminate as much as a three-day wait at the U.S.-Mexico border, a California forwarder ha
MOTTO OF RUSSIA'S NEWLY WEALTHY: IF YOU'VE GOT IT, FLAUNT IT
James P. Gallagher |
It used to be the shoes that gave the Russians away. In a room full of men with stylish hair cuts an
ECONOMISTS SAY EC LOCKING RUSSIA OUT OF ITS MARKETS
Michael S. Lelyveld |
Russia's economic woes are worsening while Western Europe raises protectionist barriers against trad
THREE FORMER PRESIDENTS TO ATTEND NAFTA CEREMONY
John Maggs |
President Clinton has gathered three former presidents for today's White House signing of labor and
Maritime
SHELL SIGNS CHARTER DEAL FOR SUPERTANKERS
Journal of Commerce Staff |
Shell International Petroleum Co. has signed a long-term charter deal for five double-hull supertank
Maritime
AIR CARRIERS' ACTION THREATENS LAX RATINGS
Kevin G. Hall |
Concerned with the precedent set by air carriers refusing to pay higher landing fees, a major New Yo
CHINA TO BUILD JET PARTS FOR MCDONNELL DOUGLAS
P.T. Bangsberg |
The first agreement for China to build parts for McDonnell Douglas Corp.'s new MD-90 twin-jet airlin
EAST EUROPEAN TRADE LEADS
Supplied by the Eastern Europe Business Information Center |
HoW tO Use: Under the U.S. government's American Business Initiative, the Eastern Europe Bus
Maritime
US-AUSTRALIA VENTURE TO BUY TEXACO CHEMICAL FOR $1.06 BILLION
Knight-Ridder Financial |
Huntsman Financial Corp. of the U.S. and Consolidated Press Holdings of Australia have agreed to for
PEOPLE - TRANSPORT
From Wire and Staff Reports |
AMERICAN PRESIDENT COS. (Oakland, Calif.) - APL Stacktrain Services, the intermodal arm ofAPC, named
HOSOKAWA: TRADE TARGETS WOULD BE HARD TO SET
Mark Magnier |
Japanese Prime Minister Morihiro Hosokawa said Monday it would be ''difficult" to set targets in tra
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 13, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
ENERGY BRIEFS
From Wire and Staff Reports |
2 COMPANIES TO BUILD GAS PROCESSING PLANTWAMSUTTER, Wyo. - Two companies are joining
FOREIGN INSURERS FACE OBSTACLES IN PAKISTAN
N. Vasuki Rao |
While Pakistan does permit foreign investment in the insurance sector, analysts contend that won't h
NEW WAREHOUSE OPENS IN TAIWAN
JOC Staff |
Cargo System, a subsidiary of OOCL, a global shipping line, just opened a new multi-country consolid
Maritime
PRETAX PROFIT CLIMBS 12 PERCENT AT INCHCAPE
Janet Porter |
Inchcape PLC, the international services and marketing group that provides many support services for
Maritime
COURT RULING OVERTURNS US-CANADA BARLEY MARKET
Leo Ryan |
The Canadian government was scrambling Monday to preserve a "continental" U.S.-Canada barley market
BOEING FACTORY STRUGGLES WITH BIG DROP IN ORDERS
John Davies |
With no new orders for its 747 jumbo jet factory this year, Boeing Co. is asking the city of Everett
COST OF CREDIT
JOC Staff |
Monday, Sept. 13, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
AGENCY OKS LOAN TO NIGERIA TO HELP NATION'S POOR FARMERS
Associated Press |
The International Fund for Agricultural Development signed an agreement with Nigeria Monday to provi
CORRECTION
JOC Staff |
In the listing of Top 100 ship lines printed on Page 5B, Sept. 10, the percentage change for Farrell
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
COAL TERMINAL REPORT
JOC Staff |
September 13, 1993 This table shows the vessels scheduled to call at U.S. coal terminals and
BROKERS FACE PAPER TRAIL WHEN INSURERS GO UNDER
Janet Aschkenasy |
Brokers aren't pulling out checkbooks when marine insurers they've backed go bust. But don't think i
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 13, 1993 Copper Total, 95,893. Gold Total, .2,444,847.Silver Total, .2
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