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BALTIC FREIGHT INDEX
JOC Staff |
1371 (July 13, 1993) Previous day - 1378 The Baltic International Freight Futures Market in
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 13, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
*SPOT COMMODITIES
JOC Staff |
July 13, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
SHIPPERS JOIN OPPOSITION TO ANTI-SUBSIDY BILL
Tim Sansbury |
The nation's leading shippers' lobbying group has weighed in against a billfrom Rep. Sam Gib
Maritime
TAIWAN OKS AIR VENTURE FINANCING
Reuters |
Taiwan's Economics Ministry and a local banking group agreed to finance the island nation's planned
CHINA FIRMS LOOK INTO US MARKETS FOR CAPITAL
Robin Bulman |
Standing in front of one of the world's premier symbols of capitalism - the New York Stock Exchange
EUROPE INSPECTORS TARGET FLAGS WITH WORST RECORD
Janet Porter |
European port officials will target the ships of 18 flag states with the worst safety record for clo
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 13, 1993Bid AskedCopper_
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
FIRM SEEKS PARTNERS FOR RIGHTS TO DRUGCAMBRIDGE, Mass. - ImmunoGen Inc. on Monday sa
INTERNATIONAL TALKS ON CUTTING SUBSIDIES TO RESUME IN FALL
Tim Sansbury |
International talks aimed at eliminating shipbuilding subsidies are scheduled to resume in September
Maritime
TNT SETS SERVICE FROM RENO TO SEATTLE
Journal of Commerce Staff |
TNT Reddaway Truck Line, a regional carrier subsidiary of TNT Freightways, announced it will provide
GERMAN AIDE BACKS OFF PAY-OFF REMARK
Miriam Widman |
Guenter Rexrodt, Germany's economics minister, backtracked Monday from comments made last week in To
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
MIDWEST FLOODS MAY HELP CALIFORNIA WHEAT GROWERS
Laura Holson |
There is no question that summer storms ripping through the nation's midsection are wreaking havoc i
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 12, 1993 Quotations are based on prices reported in the market or obtained from s
VIRGIN AIRWAYS SAYS BA USING NEW DIRTY TRICKS
Knight-Ridder Financial |
Richard Branson, Virgin Atlantic Airways' chief, Monday accused British Airways of new dirty tricks,
PEOPLE - MARITIME
From Wire and Staff Reports |
MARYLAND PORT ADMINISTRATION (Baltimore) - Edward Hargadon joined the MPA's legal department as chie
Maritime
SEA-LAND STARTS FEEDER ROUTE BETWEEN SHANGHAI, HONG KONG
Journal of Commerce Staff |
A major U.S.-flag shipping line this week will begin operating its own vessels on a feeder route bet
Maritime
EXXON SHIPPING CO. TO BECOME SEARIVER
Alan Abrams |
In a move that could signal its exit from maritime operations, Exxon Corp. is changing the name of i
Maritime
PORT OF MADRAS SEEKS FUNDING TO EXPAND BOX TERMINAL
N. Vasuki Rao |
The Port of Madras in southern India is seeking overseas funding to expand its container terminal.
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
ASIAN WATCH IMPORTS RECEIVE EC ATTENTIONBRUSSELS, Belgium - The European Community C
Maritime
NORTHWEST, MACHINISTS ANNOUNCE TENTATIVE PACT
JOC Staff |
The International Association of Machinists and Aerospace Workers said it has reached a tentative ag
GASOLINE PRICES
JOC Staff |
July 12, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
RIVAL AIR CARRIERS SUING AMERICAN OVER FARE CUTS
Knight-Ridder Newspapers |
American Airlines knew it would lose money when it radically lowered its air fares in April 1992, bu
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending July 9, 1993. U
US DOLLAR RISES EXCEPT AGAINST YEN FRANC SLUMPS
Alan Zimmerman |
The U.S. dollar was mostly higher Monday, as a slumping French franc stirred speculation the Bundesb
CHINA'S PICC FORECASTS SHARP RISE IN PREMIUMS
P.T. Bangsberg |
China's main insurance company is forecasting a sharp increase in premiums for this year, which will
EC MAY UNIFY CONSTRUCTION LIABILITY
Bruce Barnard |
The European Community Commission is considering a single insurance contract for the construction in
ARGENTINE POSTAL DEREGULATION COULD SAVE SHIPPERS MILLIONS
Mark B. Solomon |
Argentina's recent decision to deregulate its postal service will increase competition from private
EX-BURLINGTON AIR LEADERS TO BUY GERMAN AIR FREIGHT FORWARDER
Mark B. Solomon |
Nearly 14 months after their abrupt departures from the helm of Burlington Air Express, Roger MacFar
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange July 12, 1993Prev. Life of Contr. OpenOpen High Low
US, CANADA SOFTWARE SALES SOAR IN EUROPE, STUDY SAYS
John Davies |
Sales of software made in the United States and Canada grew 19 percent during the first three months
Maritime
US, MEXICO, CANADA AGREE ON ENVIRONMENT FUND CONTRIBUTION
Ingrid Negrete |
The United States, Canada and Mexico agreed at the weekend to contribute $100 million each to a Nort
Maritime
MARITIME BILLS ON TODAY'S DOCKET AS HOUSE RETURNS FROM RECESS
WILLIAM DiBENEDETTO |
The House, back today from its Fourth of July recess, will take up some noncontroversial maritime bi
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
UNION CARBIDE SELLS ORGANOSILICON BUSINESSDANBURY, Conn. - Union Carbide Corp. has completed
PROJECTS BOOST OUTPUT OF BAHRAIN ALUMINUM
Knight-Ridder Financial |
Major expansion projects at Bahrain's aluminum smelter boosted output to 230,000 metric tons in the
SPOT COMMODITIES
JOC Staff |
July 12, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
COST OF CREDIT
JOC Staff |
Monday, July 12, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
BANKS PREPARE PROPOSAL ON POLAND'S DEBT
Joe Ortiz |
Polish debt was a touch firmer on the secondary market for sovereign loans, based on information fil
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