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WHITE HOUSE RESISTS SHIP LOAN PROGRAM
WILLIAM DiBENEDETTO |
The Clinton administration's budget office is resisting a provision in a defense budget bill that pr
Maritime
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
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
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 25, 1993Brent Crude Oil - (Dollars Per Barrel)
ASHLAND OIL INC. SEEKS TO CUT REFINERY COSTS
Toya Richards Hill |
In an effort to make its Catlettsburg refinery more efficient, Ashland Oil Inc. announced plans to r
SHIP INSPECTORS STRIVE TO REGAIN PUBLIC'S TRUST
Alan Abrams |
The worst appears to be over. The spate of sudden sinkings of giant ore-carrying ships due t
SHIPOWNERS WANT TAX DEFERRAL RESTORED
Peter M. Tirschwell |
Do the security interests of the United States require that a fleet of merchant ships _including tan
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
CORRECTION
JOC Staff |
The article headlined "LA Port Pulls Out of Alameda Rail Project," which appeared on Page 1A Aug. 20
COST OF CREDIT
JOC Staff |
Wednesday, Aug. 25, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRANSPORT CALENDAR
JOC Staff |
Transportation and Logistics Management Courses. Starting Sept. 2 at Nassau Community College,Garden
FREIGHT RATE FUTURES
JOC Staff |
Aug. 25, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
NAVIGATION ERROR SUSPECT IN CRUISE SHIP GROUNDING
Journal of Commerce Staff |
A cruise ship that ran aground in Alaska's Glacier Bay last week is to come here for repairs after a
Maritime
US SUGAR QUOTA CUTS WILL PROVE COSTLY FOR CARIBBEAN PRODUCERS
Canute James |
A reduction in sugar imports by the United States will take about US$19 million off export earnings
BN REOPENS LINE CLOSED BY INTERMODAL TRAIN ACCIDENT
John Davies |
One of Burlington Northern Railroad's main routes across the Cascade Mountains reopened Wednesday af
PORT OF LONG BEACH ANSWERS CALL ON COORDINATING MORE RAIL TRAFFIC
Kevin G. Hall |
With two on-dock railyards operating, several construction projects under way and planned steep incr
RUSSIA, POLAND TO BUILD GAS PIPELINE
Reuters |
Russia and Poland signed an agreement Wednesday to build a 2,485-mile gas pipeline from Russia's Arc
ASIAN FUTURES
JOC Staff |
Aug. 25, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
ICC SETS RULES FOR REVIEW OF CP'S PLAN FOR MAINE
Journal of Commerce Staff |
While Canada's National Transportation Agency has given CP Rail System the green light to abandon so
THE ECONOMY
Census Bureau, Knight-Ridder Tribune |
DURABLE GOODS Percent changeElectrical equipment -1.1%Trans. equipment -18.
DOLLAR RISES ON HOPES OF GERMAN RATE CUT
Alan Zimmerman |
The U.S. dollar rose Wednesday on expectations that the Bundesbank will lower German interest rates
INSURANCE BRIEFS
From Wire and Staff Reports |
INSURANCE WORKERS PLAN STRIKE IN INDIANEW DELHI, India - About a million workers fro
BRIDGE REPAIR STARTS IN NEW ORLEANS
Journal of Commerce Staff |
A contractor has started work to repair a beam supporting the roadway of the Florida Avenue Bridge i
Maritime
FIVE CASPIAN SEA COUNTRIES AGREE TO COORDINATE MARKETING OF CAVIAR
Reuters |
The five countries sharing the Caspian Sea agreed to set up a caviar cartel, Iran's Irna news agency
Maritime
VESSEL SHORTAGE FEARED FOR RUSSIAN AID CARGO
Doug Palmer |
A potential shortage of U.S.-flag vessels this fall could create "a problem" for upcoming U.S. food
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 25, 1993Bid AskedCopper_
LEVEL OF OZONE-HARMING CFCS EXPECTED TO PEAK BY 2000
Reuters |
American climatologists say the amount of ozone-depleting chemicals in the atmosphere will peak befo
MARAD DROPS PROPOSAL TO OPEN RESERVE FLEET
Tim Sansbury |
The Maritime Administration has abandoned its February proposal to allow foreign-owned companies to
Maritime
BERMUDA'S OIL INSURANCE LTD. VOTES TO BOOST PRICES ON SOME MEMBERS
From Wire and Staff Reports |
Shareholders of Bermuda's Oil Insurance Ltd., or OIL, a mutual insurance company that provides prope
COPPER SMELTING FEES EXPECTED TO FALL SHARPLY
James Regan |
Treatment fees that mining companies pay to smelters to process copperconcentrates are expec
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 25, 1993 Quotations are based on prices reported in the market or obtained
ARMY CORPS REBUTS A FLOOD OF CRITICISM
John Boyd |
The U.S. Army Corps of Engineers has been called everything from savior to Satan in the wake of this
WORLD BANK CONSIDERS CHANGES IN LOAN POLICY
Rich Miller |
The World Bank will consider proposals today to give outsiders more say in how it hands out tens of
Maritime
BRIEF RECOVERY FORECAST FOR SE ASIA DRILLING
Reuters |
Exploration drilling for oil and gas in Southeast Asia, booming just a few years ago, is expected to
TRANSPORT BRIEFS
From Wire and Staff Reports |
CONTAINER MAKER SEEKS 200 MORE WORKERSMONON, Ind. - Monon Corp., a truck trailer and
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
BOMB EXPERTS CHECKING OUT SALVAGED GERMAN U-BOAT
Reuters |
Salvage experts entered a World War II German U-boat Wednesday to locate and remove torpedoes and am
Maritime
ITALY RETAIL SALES DOWN FROM JANUARY-MAY '92
Reuters |
Italian retail sales rose 3.1 percent year-on-year in the first five months of 1993, sharply down fr
PALLADIUM SLIDES ON HEAVY SELLING
Knight-Ridder Financial |
Palladium futures on the New York Mercantile Exchange plunged Wednesday, with the active December de
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