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LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 2, 1993Brent Crude Oil - (Dollars Per Barrel)_
VIETNAM'S COMMUNISTS REHABILITATE EX-FOES
Joseph Kahn |
Nguyen Manh Tuan runs the kind of business the Vietnamese government hopes will lift the country out
Maritime
WESTINGHOUSE JOINS VENTURE FOR CZECH NUCLEAR SERVICE
Reuters |
Westinghouse Electric Corp. has become a 33 percent partner in a new joint venture, I&C Energo, a nu
ENERGY BRIEFS
Wire and Staff Reports |
CRUDE OIL FUTURES FALL TO NEW LOW OF $17.94NEW YORK - New York Mercantile Exchange A
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
JAPAN'S POLITICAL CRISIS MIRRORED IN TAIWAN AND SOUTH KOREA
Michael Zielenziger |
It isn't just Japan's political structure that seems to be coming apart at the seams. Sudden
EASTERN RAILS SEEK TO BRIDGE GULF OF MEXICO
Lawrence H Kaufman |
The sea lanes across the Gulf of Mexico between the United States and Mexico soon may bustle with ra
RAIL ACCESS KEY IN APL SELECTION OF LOS ANGELES PORT
Kevin G. Hall |
American President Line's selection last week of the Port of Los Angeles to be its southern load cen
Maritime
ARAB LEAGUE SEEKS BANK RULES CHANGE
Reuters |
An Arab League official said that Arab banks want flexibility on standards imposed by a Bank for Int
TECHNOLOGY BRIEFS
Wire and Staff Reports |
6 TRAINING CENTERS ACCREDITED BY IATAThe International Air Transport Association said it has
Transport, Trade and Regulation News
RUSSIA OFFICIAL LASHES OUT AT US, EC TRADE POLICIES
Miriam Widman |
Russia's economics minister lashed out at U.S. trade policy and "unfair practices" that, he claimed,
Maritime
PERUVIAN CARRIER HALTS SERVICE TO COSTA RICA
Craig Dunlap |
Empresa Naviera Santa SA, one of the primary carriers in the Florida and Central American shipping t
Maritime
BRAZIL EXPORTERS LOSE CREDIT GUARANTEES UNPAID BILLS KILL PROGRAM
James Bruce |
Brazilian exporters will be more accountable for bills left unpaid by their foreign clients, now tha
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
PHILIPPINE PANEL ACCUSES PEPSI OF GROSS NEGLIGENCE IN CONTEST
JOC Staff |
A Philippine Senate panel accused the local subsidiary of soft drinks giant Pepsico of gross neglige
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 2, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
FOREIGN INVESTORS TRICKLING BACK INTO CAMBODIA AFTER POLITICAL PACT
Chris Burslem |
Foreign investors scared off by the uncertainty surrounding last month's election, are returning to
Maritime
CHINA BECOMES MARKET FOR JAPAN MOTORBIKES
Mitsuo Suzuki |
For Japanese manufacturers grappling with a two-year recession at home and sluggish, if not hostile,
Maritime
CURRENT ACCOUNT SURPLUS WIDENS IN JAPAN
Reuters |
Japan said Friday its current account surplus for trade in goods and services widened to $9.60 billi
Maritime
ADB READIES $250 MILLION IN LOANS FOR VIETNAM
Rosario Liquicia |
The Asian Development Bank (ADB) is ready to approve loans worth $250 million to Vietnam as soon as
1993'S HEAVY RAINS END DROUGHT ON MISSOURI RIVER'S HEADWATERS
John Boyd |
In the wake of record flooding in the nation's heartland last week, the barge industry got a break.
Maritime
DU PONT GOES TO COURT IN FIRST OF PESTICIDE SUITS
Margo D. Beller |
Du Pont begins the first of approximately 400 product liability lawsuits when it enters a federal co
POSTAL INSPECTORS DENY HARASSING FEDEX CLIENTS
Mark B. Solomon |
A Postal Inspection Service official denied charges by Federal Express Corp. that inspectors harass
LINE STARTS CANADA-EUROPE SERVICE
Journal of Commerce Staff |
A new service specializing in metals and forest products was launched between eastern Canada and Nor
Maritime
BASIC DEAL REPORTEDLY REACHED ON G-7 $2 BILLION RUSSIA FUND
Knight-Ridder Financial |
The Group of 7 leading industrialized nations have reached a basic agreement to set up a privatizati
Maritime
IDAHO PORT TO DOUBLE SIZE OF INTERMODAL WAREHOUSE
John Davies |
Growing volumes of cargo on the Columbia-Snake river system are prompting an Idaho port at the upper
Maritime
RUSSIA EXPELS GREENPEACE SHIP
Reuters |
Border guards expelled a Greenpeace ship from Russian territorial waters Friday, a day after activis
US PUSHES AHEAD ON ENTERPRISE FUNDS FOR FORMER USSR
Richard Lawrence |
The Clinton administration, to help spur private enterprise in the former Soviet Union, is moving to
ILA DEFENDS PHILA. TURF AGAINST TEAMSTERS PLAN
Alice Cantwell |
The International Longshoremen's Association is defending its jurisdiction against a plan to use mem
Maritime
TRUCKING GROUP RAISES MEMBERSHIP FEES 10 PERCENT
Dane Hamilton |
Motor carriers who already feel they are living on the thinnest margins will be getting a new bill f
HELMS' OBJECTIONS FAIL TO STOP UNDERCHARGE BILL
Stephanie Nall |
Despite last-minute objections by Sen. Jesse Helms, R-N.C., the Senate unanimously approved legislat
JOURNAL OF COMMERCE - FAST FACTS US WHEAT PRICES
Chicago Board of Trade |
Graph only.
REDESIGNED 737 WILL FEATURE BETTER WING, STRONGER ENGINE
John Davies |
Faced with growing competition from Airbus Industrie aircraft, Boeing Co. will redesign its 737 jetl
Transport, Trade and Regulation News
CHILEAN MINERS MOVE AWAY FROM CONFLICT
Julia Meehan |
After more than 70 years of labor battles at the world's largest open-pit copper mine, miners at Chu
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
RUSSIA MISSES PAYMENT ON US FOOD LOANSRussia failed to meet a deadline last week to repay $4
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 2, 1993 Quotations are based on prices reported in the market or obtained from su
REINSURERS SELLING HIGH-YIELD BONDS TO COVER MAJOR UNDERWRITING LOSSES
Brigitte Maxey |
Reinsurers are selling their higher-yielding securities to cover underwriting losses from last year'
MEXICAN HAZARDOUS MATERIALS RULES MAY BOOST RATES, FORCE CONSOLIDATION
Kevin G. Hall |
New hazardous materials regulations in Mexico should force non-safety-minded companies out of busine
SEPARATIST THREAT FORCES INDIA TO CLOSE SOME REGIONAL BANKS
Knight-Ridder Financial |
The State Bank of India shut down its operations in northeastern Nagaland state after a separatist g
OIL PRICES TUMBLE ON FEARS OF ACCORD ON IRAQI SALES
John Hanley |
Oil futures prices tumbled last week on fresh speculation that the United Nations and Iraq may reach
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