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Platts Containers Update
VOLUME RISES FOR CONTAINERS, BAGGED GOODS AT TEXAS PORTS
Journal of Commerce Staff |
Texas ports' tonnage in bagged goods and containers rose in the first quarterfrom a year ear
Maritime
CALIF. INSURANCE RAID MEANT TO SEND WARNING ON WORKERS COMP FRAUD
Kevin G. Hall |
California insurance regulators hope this week's record-sized raid on more than 153 offices tied to
SHANGHAI RAISES PRICES AS INFLATION INCREASES
Reuters |
Shanghai increased prices on Thursday for everything from bus tickets to coal as officials seek to s
KUWAIT WEIGHS OVERHAUL OF FORMULA FOR OIL SALES TO US, BUYERS SAY
David Bird |
Kuwait is actively considering a major overhaul of its method of pricing crude oil sold into the U.S
DU PONT TO BUY NYLON UNIT FROM IMPERIAL CHEMICAL
From Wire Reports |
E.I. du Pont de Nemours & Co. has reached a final agreement with Imperial Chemical Industries PLC to
GASOLINE PRICES
JOC Staff |
July 1, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
JAPANESE BUSINESS TO CONTINUE POLITICAL FUNDING UNTIL ELECTION
Fumiko Fujisaki |
Leaders of Japan's four most powerful business groups decided at an emergency meeting Thursday to re
Maritime
ASIAN FUTURES
JOC Staff |
July 1, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
UK DRUG MAKER SAYS AZT PATENT IS VALID
Mike Soraghan |
Attorneys for drug maker Burroughs Wellcome Co., which is suing two genericdrug makers over
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 207.12 up 1.98 which compares
CLINTON UNVEILS PLAN FOR NORTHWEST LOGGING
Reuters |
President Clinton, trying to end the "great drama" that has pitted environmentalists against the tim
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
RUSSIA MAY SET UP METALS BUFFER STOCKSRussia will propose establishment of a buffer- stock m
FLA. ORANGE INDUSTRY BENEFITS FROM RAINFALL
Reuters |
Florida's orange groves, trees and new crop fruit show improvement due to frequent rains and afterno
LORENZO FACES JUDGE'S SCRUTINY IN ATTEMPT TO LAUNCH AIRLINE
Reuters |
Embattled former airline executive Frank Lorenzo received a setback this week in his efforts to star
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 1, 1993 Quotations are based on prices reported in the market or obtained
IMPORTS FROM EUROPEANS CONTINUE TO BE SUBSTANTIAL
Brian Killen |
Although a shortage of hard currency is restricting Russian purchases of sugar, substantial amounts
EURO-FAN BELGIUM TAKES OVER EC HELM FROM EURO-SKEPTICS
Bruce Barnard |
The European Community Thursday came under the captaincy of its most ardent supporter when Belgium a
Maritime
MACK'S ON THE ROAD TO RECOVERY, CHIEF SAYS
Knight-Ridder Newspapers |
With sales up almost 40 percent this year, Mack Trucks Inc.'s recovery is on track, the company's ch
CONRAIL TO ADD 303 CARS TO HAUL STEEL
Journal of Commerce Staff |
Consolidated Rail Corp. said it will add 303 CoilShield cars to its fleet toserve customers
US-JAPAN FRICTION HIGHLIGHTS G-7 CHALLENGE
Mark Magnier |
As world leaders gather here early next week to address global economic problems, strains between th
Maritime
SPOT PRODUCT PRICES
JOC Staff |
July 1, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 1, 1993Bid AskedCopper_G
CHINESE FIREWORKS EXPLODE IN US
Charles W. Thurston |
Fireworks sales are illegal in New York, but brazen Fourth-of-July street vendors have popped up on
IMF LOAN INCREASES CHANCE FOR RUSSIA-US TRADE PACT
Richard Lawrence |
A $1.5 billion International Monetary Fund loan to Russia moves the United States and Russia one ste
INTERNATIONAL CRUISE TERMINAL OPENS AT PORT OF YOKOHAMA
Journal of Commerce Staff |
The Yokohama Port Authority Thursday opened a $33 million international cruise terminal at its Osanb
Maritime
MARITIME ART COLLECTION TO SHARE GRANT
Journal of Commerce Staff |
The John A. Noble Collection, which centers around the art and writings of the late New York maritim
Maritime
FORMER USSR'S LACK OF CASH CURBS ITS ASIA SUGAR PURCHASES
Barry Hing |
The Commonwealth of Independent States is seeing its ability to import Asian sugar slip away as fore
MOL OPENS VIETNAM OFFICE, PLANS ANOTHER IN SHANGHAI
Mark Magnier |
Mitsui O.S.K. Lines opened a new office in Ho Chi Minh City, Vietnam, this week and plans to open an
Maritime
GUATEMALAN BUSINESS GROUP ATTACKS US SENATE CURB ON TOBACCO IMPORTS
Kevin G. Hall |
A Guatemalan business coalition says a restriction on imported tobaccos proposed by the U.S. Senate
Maritime
INDIA AIMS FOR 20 PERCENT BOOST IN EXPORTS FOR 1993-94 BY N. VASUKI RAO
Special to The Journal of Commerce |
Encouraged by a sharp upturn in April, the first month of the 1993-94 fiscal year, India's Commerce
Maritime
CHARLESTON'S RESTORED BELLS READY TO RING IN THE FOURTH IN STYLE
Alice Cantwell |
The historic bells of Charleston, S.C., fresh from their trans-Atlantic voyage after restoration wor
Maritime
CULLISON DENIES CHARGES OF EXTORTION, RACKETEERING AS FORMER MEBA CHIEF
Tim Shorrock |
Alexander C. Cullison, one of the two former maritime union presidents indicted Wednesday by a feder
Maritime
WILHELMSEN UNIT MOVES TO BALTIMORE
JOC Staff |
Wilhelmsen Lines (USA) Inc. said it moved its African Services division to the company's U.S. headqu
Maritime
SENATE APPROVES "FAST-TRACK' EXTENSION
Journal of Commerce Staff |
The Senate completed congressional action on a bill extending the president's authority to negotiate
Maritime
FRENCH SHIPPERS SEE LITTLE PROGRESS IN PORT REFORM SINCE LAW'S PASSAGE
Tara Patel |
One year after the French government passed a law reforming the country's ports, its aims still have
Maritime
LLOYD'S MOVES TO SMOOTH THE WAY FOR POTENTIAL US CORPORATE INVESTORS
William Pitt |
Senior officials at Lloyd's of London are frantically trying to clear up language preventing U.S.-re
SANTA FE COMPLETES $60 MILLION SALE OF TRACKAGE IN SOUTHERN CALIFORNIA
Journal of Commerce Staff |
Atchison, Topeka and Santa Fe Railway Co. completed the previously announced sale of rail line in So
BALTIC FREIGHT INDEX
JOC Staff |
1458 (July 1, 1993) Previous day - 1473 The Baltic International Freight Futures Market in L
Maritime
COPPER MAKER WARNS ABOUT COLLAPSE OF INDUSTRY
Rosario Liquicia |
The Philippines' biggest copper producer, forced to lay off thousands of workers due to low prices,
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