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MONDALE CAUTIOUS ON ARRIVAL IN JAPAN AS US AMBASSADOR
Mark Magnier |
In a brief comment shortly after arriving at Narita Airport, new U.S. Ambassador to Japan Walter F.
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
STRONGER PENSION PLANS PROPOSED BY CLINTONCompanies would be forced to strengthen underfunde
BOOM TO BUST: CARRIERS SAG AS POSTWAR SURGE FIZZLES
Doug Harper |
It seems only equitable that the "Mother of All Battles," which turned into a military rout, should
AMOCO EURASIA WINS CONTRACT TO DEVELOP SIBERIAN OIL FIELD
Nelson Antosh |
Amoco Eurasia Petroleum Co., a Houston operation, has won its bid to develop a giant oil field in we
EXXON REVIVES PLAN TO MINE WIS. ZINC, COPPER
Associated Press |
Exxon Coal and Minerals Co. said Tuesday it had revived plans to open an underground zinc and copper
CYANAMID TO SPIN OFF ITS CYTEC CHEMICALS UNIT
Reuters |
American Cyanamid Co. said Wednesday it will spin off its $1 billion chemicals business and focus on
INABILITY TO DREDGE FORCES FIRMS TO IMPROVISE TO GET SHIPS TO BERTHS
Alice Cantwell |
Some New Jersey companies, hampered by delays in dredging their berths and faced with a judge's ban
Maritime
FEDERAL EXPRESS REPORTS $32.9 MILLION IN EARNINGS
Journal of Commerce Staff |
The good times are coming back for Federal Express Corp., despite continuing price pressures.
ANTITRUST HEALTH REFORM MAY YIELD COST SAVINGS
Paul Dykewicz |
Insurers hope to benefit from cost savings expected from administration plans to create antitrust sa
LOW DOLLAR AIDS TRADE IN MIDEAST
Josh Martin |
Trade between the United States and the Middle East is expected to grow in the coming year, with Ara
BUYER'S MARKET GREETS MIDEAST SHIPPERS
Erich E. Toll |
Like a merchant in an Arabian bazaar, shipping lines are seeking to lure exporters who are shipping
ENERGY BRIEFS
From Wire and Staff Reports |
MOBIL GASOLINE RETURNS TO HOUSTON MARKETNEW YORK - Mobil Corp. will be supplying gas
PORTS, SOUTHERN PACIFIC BLAME LA MAYOR FOR CORRIDOR IMPASSE
Bill Mongelluzzo |
The hostilities surrounding the nation's largest intermodal project escalated further this week as S
Maritime
GOODYEAR INDIA VENTURE EXPECTED TO SET TREND
N. Vasuki Rao |
The joint venture announced by Goodyear Tire & Rubber Co. and India's Ceat Ltd. appears to signal th
Maritime
FORUM STRESSES IMPORTANCE OF REACHING GATT PACT
Michael S. Lelyveld |
As officials at a four-day conference on world trade barriers struggled to define government's long-
Maritime
WORLD OILSEED OUTPUT SEEN LOWER IN 1992-93
Knight-Ridder Financial |
World 1993-94 production of 10 major oilseeds is projected at 225.52 million metric tons, down from
OPEC MEMBERS' BATTLES MAY HAVE COST BILLIONS
Reuters |
OPEC ministers who meet in Geneva in 10 days may take time to ponder how much money their jousting f
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
BALTIC FREIGHT INDEX
JOC Staff |
1419 (Sept. 14, 1993) Previous day - 1415 The Baltic International Freight Futures Market in
Maritime
ITC BLOWS OFF CASE OF WOODWIND KEY PADS
Journal of Commerce Staff |
The International Trade Commission dismissed a petition for anti-dumping duties on woodwind instrume
LIABILITY LIMITS ISSUE CREATES P&I FAMILY FEUD
Margo D. Beller |
A family feud on whether to limit nonpollution liability claims threatens to rupture the reinsurance
I.C.H. TO SELL STAKE IN BANKERS LIFE
Reuters |
I.C.H. Corp., an insurance holding company, has agreed to sell its 24.4 percent interest in Bankers
STRONGER FOREIGN TIES PRESCRIBED FOR US YARDS
Alan Abrams |
U.S. shipbuilders need to improve their marketing techniques and establish stronger links with forei
Maritime
MIDWEST RAIN BRINGS MORE WATER AND TALK OF MORE RIVER TRAFFIC CURBS
John Boyd |
The Coast Guard Tuesday weighed whether to toughen its river traffic curbs at St. Louis as a hard ra
Maritime
NOW 11TH, CARGO HUB TAKES OFF IN OAKLAND
Brian Johns |
Oakland International Airport has become one of the busiest cargo facilities in the country, chalkin
CONTINENTAL, FORWARDERS REACH TIME COMMITMENT
William Armbruster |
Continental Airlines and the Airforwarders Association have reached agreement on a new time-definite
NEW TECHNOLOGY ENHANCES OFFSHORE OPERATIONS
George F.W. Telfer |
An offshore supply vessel heads out to the open seas to assist in laying a pipeline. It must go out
COST OF CREDIT
JOC Staff |
Tuesday, Sept. 14, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
VENEZUELA OFFERS TO SELL 2 POWER FIRMS
Knight-Ridder Financial |
Venezuela is offering two state electricity companies for sale today in New York and Friday in Londo
COFFEE UP, COCOA STEADIES AS SUGAR PRICES FALTER
Knight-Ridder Financial |
Coffee futures pushed higher again on speculative buying after Monday's retreat. Cocoa futures held
ASIAN PIRATES SHIFT FOCUS TO CHINA AND HONG KONG
P.T. Bangsberg |
There's good news and bad news for insurers, crews, their carriers and customers in the battle again
THE ECONOMY CONSUMER PRICES
Bureau of Labor Statistics; Knight-Ridder Tribune |
Change (adjusted) Aug. July Food +0.3% UnchHousing +0.3% Un
CALIFORNIA LEGISLATORS PASS REVISED UNITARY TAX BILL
Brian Johns |
California legislators approved a revised version of the state's unitary tax law, in hopes of appeas
Maritime
SHANGHAI FIRM TO ISSUE US DEPOSITORY RECEIPTS
Reuters |
Shanghai Chlor Alkali has been given informal approval to issue American Depository Receipts, a comp
EC'S BRITTAN IS CONFIDENT OF GATT PACT BY DEC. 15
Richard Lawrence |
Sir Leon Brittan, the European Community's chief trade negotiator, said Tuesday that he is "quite su
MEXICO, US PREPARING FOR NAFTA FIRMS POISED TO GAIN FROM OPEN MART
Josh Martin |
Both Mexico and the United States are expected to benefit from the North American free-trade agreeme
RUSSIA EARMARKS $12.5 BILLION FOR NEW SHIPS
Milan Ruzicka |
Russia plans a massive $12.5 billion shipbuilding program to upgrade its decaying merchant fleet.
FREIGHT RATE FUTURES
JOC Staff |
Sept. 14, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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 |
MATSON WINS CONTRACT AT SUGAR REFINING PLANTSAN FRANCISCO - Matson Terminals Inc. wa
Maritime
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