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TURKEY SEEKS TO LIFT PIPELINE EMBARGO
Knight-Ridder Financial |
Turkey plans to ask the United Nations to lift sanctions that prevent oil exports via Iraqi twin pip
FREIGHT RATE FUTURES
JOC Staff |
Aug. 20, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1450 (Aug. 20, 1993) Previous day - 1435 The Baltic International Freight Futures Market in
Maritime
NS UNVEILS NON-UNION RETIREMENT PLAN
Knight-Ridder Financial |
Norfolk Southern Corp. announced last week a voluntary retirement program for eligible non-union emp
NY-NJ PORT AGENCY GETS EXTENSION TO COVER SPOIL
Alice Cantwell |
A federal judge gave the Port Authority of New York & New Jersey more time to prove its contention t
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 20, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
CALIF. FIRM TO REVISE STUDY ON THAI POTASH COMPLEX
JOC Staff |
Jacobs Engineering Group Inc. announced last week that it has been selected by Asean Potash Mining C
IATA CHIEF LAUDS REPORT FROM AIRLINE COMMISSION
Journal of Commerce Staff |
The head of the International Air Transport Association warmly endorsed the report bythe U.S. airlin
ASIAN EXPORTERS SHRUG AT NAFTA, SAY PACT POSES LITTLE THREAT
Michael Di Cicco |
While several Asian governments brand the proposed North American free-trade agreement a protectioni
Maritime
CZECH UNEMPLOYMENT ROSE TO 2.8 PERCENT IN JULY
Knight-Ridder Financial |
Unemployment in the Czech Republic rose to 2.82 percent of the work force in July from 2.63 percent
TAIWAN STILL HOPES FOR BRITISH AEROSPACE DEAL
Reuters |
The Taiwanese government said it still hopes to set up the island's planned venture with British Aer
ATLANTIC SHIP PACT VIOLATES EC LAW, OFFICIAL SAYS COMMISSION TO SEEK REVISION OF TAA STRUCTURE
Janet Porter |
The European Commission wants fundamental revisions made to the Trans- Atlantic Agreement under whic
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
MYANMAR INVITES IRAN TO JOIN IN EXPLORATION FOR OIL, GAS
JOC Staff |
Myanmar wants Iran to participate in oil and gas exploration in its onshore and offshore wells, Nati
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 20, 1993Brent Crude Oil - (Dollars Per Barrel)
TIGHT MARKET FORECAST FOR US SPOT GAS
Paolo Berbotto |
The future of the U.K. spot market for natural gas will be relatively small and harshly competitive
US, EUROPE EXPECTED TO RESOLVE CONFLICT ON RESERVATION DATA
William Armbruster |
The United States and Europe finally may be able to put to rest next month a long-running dispute ov
Transport, Trade and Regulation News
COST OF CREDIT
JOC Staff |
Friday, Aug. 20, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
RUSSIAN ALUMINUM FLOODS US MARKET
John Davies |
When a Far Eastern Shipping Co. vessel begins unloading a major shipment of aluminum on the West Coa
SIMULATOR HELPS PILOTS IN TRAINING LEARN TO STAY THE TOUGHEST COURSE
JAMES McNAIR |
A thin curtain of fog is dropping on Newark Bay, and the narrow shipping channel around Bergen Point
Maritime
PHILIPPINE LEGISLATORS WARY OF PLAN FOR NEW TAXES, INCREASED SPENDING
Rosario Liquicia |
The Philippine government hopes to kick-start the economy with bigger spending in its 1994 budget, t
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
COMSAT MOBILE COMMUNICATIONS (Clarksburg, Md.) - Joseph G. Famighette was named vice president of ma
Maritime
AUDITING BURDEN RESTS WITH CUSTOMS, COURT RULES
Bill Mongelluzzo |
In an anxiously awaited written decision, the U.S. 9th Circuit Court of Appeals stated clearly that
Maritime
MALAYSIA BOX FACILITY OPENS THIS WEEK AMID HIGH HOPES
P.T. Bangsberg |
The second container terminal at Malaysia's main port, which opens this week, is forecasting strong
Maritime
JAPANESE YARDS LOOK TO COMPETE BY HIKING IMPORTS
Junko Oshima |
Japanese shipbuilders will increase equipment imports in a bid to cut costs and win back the advanta
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/20 8/19 Change % Change: 7/2
AIRBORNE WINS HUGE DEAL FOR IBM'S ASIA ROUTE
John Davies |
In a deal estimated to be worth tens of millions of dollars, Airborne Express won a contract expandi
CHINESE PRESIDENT DENIES WAR CHEMICALS ON SHIP
Reuters |
Chinese President Jiang Zemin assured visiting U.S. congressmen that a Chinese ship at the center of
Maritime
TRANSPORTATION / TECHNOLOGY CALENDAR
JOC Staff |
Intro to ATFI. Sept. 1 and 8. Cranford, N.J. Sponsored by Rijnhaave Information Services and World T
Transport, Trade and Regulation News
EXPECTED FLOOD OF RAW SUGAR SENDS FUTURES TO 6-MONTH LOW
Knight-Ridder Financial |
The spread between the New York October and March raw sugar futures contracts is likely to widen, as
NEW FLIGHT RADAR SYSTEM TO REDUCE WEATHER-RELATED DELAYS IN NC
Bernie Kohn |
North Carolina's Raleigh-Durham International Airport has activated a first- of-its-kind radar syste
JOFC INDEX CONTINUES DOWNWARD SPIRAL
Howard Simon |
The Journal of Commerce Industrial Price Index continued its year-long decline, ending a recent move
DAILY PETROLEUM PRICES
JOC Staff |
Friday Aug. 20, 1993 Prevailing sellers' posted prices at the close of business, representin
PRIVATIZATION DRIVES A WEDGE BETWEEN EAST, WEST GERMANY
Miriam Widman |
A growing number of eastern German companies have protested the German government's privatization pr
BAUCUS WARNS OF TRADE GAP WITH CHINA
Reuters |
China's trade surplus with the United States could be even bigger than Japan's within a few years, a
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
GE TO CUT WORK FORCE AT AIRCRAFT ENGINES UNIT
Reuters |
General Electric Co.'s aircraft engines unit said Friday it was cutting 15 percent of its work force
JAPANESE FIRMS PULL OUT OF A SLUGGISH GERMANY
Erik Kirschbaum |
Japanese companies, disappointed by a dearth of business, are pulling out of Berlin. Visions
Maritime
STEPS BY IRAN NOT EXPECTED TO IMPACT TRADERS' SALES
Michael Collett-White |
Steps by Iran to boost its direct crude oil sales in the Mediterranean by leasing storage and delive
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