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CHINA'S IMPORTS UP 23.2 PERCENT IN 1ST HALF
Reuters |
China's economic boom is leading to a surge in imports, giving the country a rare trade deficit, dat
Maritime
AUSTRALIAN RECOVERY STALLS AS DEMAND FOR EXPORTS SAGS, ECONOMISTS SAY
Bradley Perrett |
Australia's economic recovery, already struggling along with painfully slow growth, is in danger of
Maritime
UNLICENSED TRADERS WIN RUSSIAN OIL EXPORT BIDS
Knight-Ridder Financial |
Russia's first open bidding for export of crude and products for state needs has been won by traders
US, ITALIAN FIRMS INK CHINA PACTS FOR ALCOHOL PLANT
P.T. Bangsberg |
American and Italian companies signed contracts over the weekend for analpha-alcohol product
DRIVERS FAIL IN BID TO HALT ROADSIDE DRUG TESTING
Dane Hamilton |
A U.S. District Court judge Monday denied a request by the Owner-Operator Independent Drivers Associ
ILL. MINE TO REOPEN, PUTTING HUNDREDS BACK TO WORK
Robert Steyer |
A Monterey Coal Co. mine in Albers, Ill., is expected to reopen this week, enabling as many as 348 u
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
COMEX METAL WAREHOUSE
JOC Staff |
July 26, 1993 Copper Total, 114,334. Gold Total, .2,366,134.Silver To
PEOPLE - INSURANCE
From Wire and Staff Reports |
EQUITABLE COS. (New York) - Robert E. Garber will become general counsel of this insurance firm and
33 PASSENGERS REPORTEDLY SURVIVE AS S. KOREAN AIRLINER CRASHES
Reuters |
A domestic airliner carrying 106 passengers and crew crashed into hills in southwestern South Korea
INSIDE TALK - GEORGE F.W. TELFER HOUSTON BACKS AWAY FROM CHANNEL PLAN GALVESTON PERSEVERES
George F.W. Telfer |
The U.S. Army Corps of Engineers gave the ports of Houston and Galveston, Texas, some good news and
Maritime
CHINA AMENDS PROPOSAL, EXPECTS ACCORD ON GATT ENTRY
P.T. Bangsberg |
A senior Chinese official is in the United States for a seventh round of talks on China's bid to res
Maritime
US OIL FIRMS, KUWAIT DISCUSS PUMPING RIGHTS
Reuters |
A number of U.S. oil companies are negotiating with Kuwait for rights to pump oil from wells near th
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending July 23, 1993.
BOEING POSTS SLIGHT DECLINE IN SECOND-QUARTER PROFIT
Reuters |
Boeing Co., which suffered in the recession and a glutted market for commercial aircraft, reported a
US TAKES A (BACK) SEAT IN JAPANESE FURNITURE MART
P.T. Bangsberg |
Low tables, tiny flats and sleeping on tatami mats are becoming a thing of the past in Japan.
TRADE BRIEFS
From Wire and Staff Reports |
INDIAN GOVERNMENT FACES CONFIDENCE VOTENEW DELHI, India - The main Indian opposition parties
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange July 26, 1993Prev. Life of Contr. OpenOpen High Low
ENERGY BRIEFS
Wire and Staff Reports |
INDONESIA, EXXON MAY RESUME TALKSSINGAPORE - Indonesian national oil company Pertami
INSURANCE BRIEFS
Wire and Staff Reports |
DOCTORS FACE 14 PERCENT RISE IN NY MALPRACTICE RATESNew York's 25,000 individually insured p
BC RAIL STRIKE SHRINKS STOCKPILES AT PORTS
John Davies |
Stockpiles at waterfront terminals in several British Columbia ports continue to shrink today as a s
DOLLAR RISES AS TURMOIL IN EUROPE CONTINUES
Alan Zimmerman |
The U.S. dollar rose against most currencies Monday, as market participants remained focused on the
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
WEST COAST YET TO SEE EQUIPMENT SHORTAGES
Kevin G. Hall |
Despite continuing rains and flooding in the Midwest, Southern California ports and their key interm
ITALY MANEUVERS TO SAVE STEELMAKER
Bruce Barnard |
Italy has modified a controversial plan to revive Ilva, the ailing state- owned steelmaker, in a bid
Maritime
LLOYD'S PROBE RAISES POSSIBILITY OF ARTIFICIALLY INFLATED PROFITS
William Pitt |
An investigation authorized by Lloyd's of London has unearthed further evidence that private investo
INTERNATIONAL SHIPHOLDING PROFIT DECLINED 22 PERCENT IN 2ND QUARTER
Journal of Commerce Staff |
International Shipholding Corp., the parent company of Central Gulf Lines Inc., Waterman Steamship C
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
SOUTH CAROLINA STATE PORTS AUTHORITY (Charleston, S.C.) - Byron D. Miller was named a public relatio
Maritime
ILLINOIS CENTRAL WON'T OPPOSE MOYERS' MOVE TO SOUTHERN PACIFIC
Journal of Commerce Staff |
Illinois Central Railroad Co. said Monday it had completed its review of two contracts with Edward L
COAST GUARD, PILOTS SETTLE CHEATING CASE
Brian Johns |
Coast Guard officials and defense attorneys have reached a settlement in a case involving a group of
UPS DIVISION CHALLENGES POSTAL SERVICE PROGRAM
Mark B. Solomon |
A unit of United Parcel Service Inc. has sued the U.S. Postal Service over its new contract service
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 26, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
CHINA TO EASE LABOR MOBILITY RULES TO LET WORKERS GO WHERE DEMAND IS
P.T. Bangsberg |
As China's latest austerity campaign begins to bite, more workers are pulling up stakes and seeking
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/26 7/23 Change % Change: 6/3
IRATE FORWARDERS PROMISE TO FIGHT IF TAA PURSUES CUTS IN COMMISSION
Peter M. Tirschwell |
Freight forwarders reacted with hostility Monday to suggestions that theTrans-Atlantic Agree
Maritime
CONGRESSMAN RENEWS BID TO LIMIT ANTITRUST SHIELD
Paul Dykewicz |
The chairman of the House Judiciary Committee, Rep. Jack Brooks, D-Texas, has begun his perennial mo
COST OF CREDIT
JOC Staff |
Monday, July 26, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PEOPLE - TRANSPORT
Wire and Staff Reports |
J.E. LOWDEN & CO. (San Francisco) - Arthur P. Christ joined this ocean and air forwarder as manager
FREIGHT RATE FUTURES
JOC Staff |
July 26, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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