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NORWAY BANK HEAD DOUBTFUL ON KRONE-ERM LINK BEFORE '95
Cathy Kristiansen |
Bank of Norway Governor Hermod Skaanland said he was doubtful the EC's exchange rate mechanism would
Maritime
EGYPT'S ECONOMICS TEAM TO RESUME IMF TALKS ON RESTRUCTURING PLAN
Neil Moorhouse |
A senior Egyptian economics team is to visit Washington late this week to finalize a dialogue with t
CAROLINA POWER, WESTINGHOUSE SETTLE ROW
Reuters |
Carolina Power & Light Co. and the Westinghouse Electric Corp. said Monday they settled a longstandi
BIG-NAME TRADERS, INVESTMENT FUNDS SAY BULL MARKET IN GOLD IS NOT OVER
Brian Spoors |
Wall Street investor George Soros and Anglo-French financier Sir James Goldsmith, the big-name trade
BURDENED BY UNCERTAINTY, BARGES HAUL MORE COAL
John Boyd |
The coal-barging industry has its hoppers full of issues these days and is steaming through powerful
LE HAVRE DOCKERS MAY FACE DELAYS ON SHIFT TO SALARIES, STEVEDORE SAYS
Tara Patel |
Although dockers at the French Port of Le Havre are scheduled to become salaried workers by July 1 u
Maritime
OPERATING PROFIT INCREASES AT NORWEGIAN SHIPPING GROUP
Journal of Commerce Staff |
Wilh. Wilhelmsen Ltd. A/S, the Norwegian shipping group that has an interest in a round-the-world li
Maritime
TIG RATING REAFFIRMED AFTER CUTBACK REVEALED
Brigitte Maxey |
Standard & Poor's Insurance Rating Service affirmed its "AA-" rating of the claims-paying ability of
US HEALTH BENEFIT ACT DEADLY FOR COMPANIES?
Tim Shorrock |
Scores of companies that used to mine coal have mounted a legal and political challenge to a 1992 la
BREAKFAST WITH PENA RAISES ETHICS CONCERNS PANEL CHARGES $1,000 A PLATE
Tim Sansbury |
The Democratic Senatorial Campaign Committee is offering a $1,000 breakfast with Transportation Secr
AIR CANADA, MCDONNELL TO STUDY UPGRADE OF FLEET
Leo Ryan |
Air Canada announced Tuesday that it has signed a letter of intent with McDonnell Douglas Corp. for
JOURNAL OF COMMERCE - FAST FACTS WORLDWIDE AIR CARGO
International Air Transport Association. |
No text.
SANTA FE BUYS 25 MORE GE LOCOMOTIVES
Journal of Commerce Staff |
Atchison, Topeka & Santa Fe Railway Co. said it purchased 25 General Electric 4,135-horsepower, DASH
CF MOTOR TO ROLL BACK DISCOUNT RATES BY 2 PERCENT
Journal of Commerce Staff |
CF Motor Freight announced Monday that it will implement an across-the-board 2 percent rollback of i
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
TRANSPORT BRIEFS
Wire and Staff Reports |
AEROSPATIALE OFFICIAL LAMBASTES US INDUSTRYPARIS - An official of a major French aer
HONG KONG PROBE SEEKS TO UNRAVEL T-SHIRT FRAUD
P.T. Bangsberg |
Investigations are widening in a case of fraudulent garment shipments to the United States involving
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
PANEL BACKS US DUTIES SET ON CANADIAN PORKOTTAWA - The United States had a right to
Maritime
JAPAN'S TRADE SURPLUS FELL IN MAY FIRST DECLINE IN MORE THAN 2 YEARS
Jonathan Sprague |
Japan's colossal trade surplus narrowed in May for the first time in more than two years, but that d
FINANCING TRADE - GORDON PLATT MTB BANK ACQUIRES TRADING ALLIANCE CORP. TO "GROW' CUSTOMERS
Gordon Platt |
MTB Bank acquired Trading Alliance Corp., a trade finance company specializing in purchase-order fin
AS RANKS DWINDLE, COAL MINERS SEEK TO SHORE UP JOB SECURITY
Stephen Franklin |
He doesn't bend or waver. His pitch, typically delivered as bluntly as possible, seems recorded on a
ASIAN FUTURES
JOC Staff |
June 15, 1993 JAPAN*Financial FuturesPrecious MetalsTokyo Commodity
ENERGY BRIEFS
Wire and Staff Reports |
CHINA TO TRIPLE OUTPUT AT MAJOR COALFIELDHONG KONG - China's Shenfu-Dongsheng coalfi
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 15, 1993Bid AskedCopper_
LOWER US COTTON OFFERS AWAITED
Knight-Ridder Financial |
Buyers, particularly in Japan and South Korea, will continue to wait for lower U.S. new-crop cotton
RAYOVAC TO OFFER FIRST RECHARGEABLE ALKALINE BATTERY
Arthur Gottschalk |
Rayovac Corp., the third-largest battery manufacturer in the United States, said Tuesday it will beg
CONTINGENCY PLANS IN THE WORKS AS ILWU DEADLINE APPROACHES
Allen R. Wastler |
Some shippers are preparing contingency plans in anticipation of problems with the West Coast longsh
Maritime
CORRECTION
JOC Staff |
In "French Shipyard Plans to Sue Government," on Page 8B June 8, Benoit Bartherotte should have been
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, June 15, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
SWEDISH OFFICIALS EXPECT ECONOMY TO RECOVER IN '94
Cathy Kristiansen |
The beleaguered Swedish economy has seen its worst days and will begin to recover slowly next year,
AEROFLOT SAYS IT NEEDS $1.2 BILLION FOR NEW JETS
Reuters |
Russian state international airline Aeroflot needs $1.2 billion to help replace its aging fleet of n
Air Cargo Carriers News
MEDIATION BOARD CERTIFIES VOTE ON PILOTS' UNION AT FEDERAL EXPRESS
Lawrence H Kaufman |
The National Mediation Board has certified representation by the Air Line Pilots Association of Fede
MARITIME BRIEFS
Wire and Staff Reports |
HOUSE PANEL TO CONSIDER SHIPYARD SUBSIDY BILLWASHINGTON - A House Ways and Means tra
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 15, 1993Prev. Life of Contr. OpenOpen High Low
PAKISTAN'S KARACHI PORT MAY SPEND $73 MILLION TO MODERNIZE FACILITIES
N. Vasuki Rao |
The Port of Karachi, the main sea gateway to Pakistan, is proposing to invest nearly 2 billion rupee
Maritime
TANKER RATES TO PICK UP IN FALL, BROKERS PREDICT
Vera Eckert |
Freight rates on the crude tanker charter market have moved into the summer doldrums, but analysts a
Maritime
KUWAIT SEEKS TO INCREASE 3RD-QUARTER OIL OUTPUT
JOC Staff |
Kuwait will try to raise oil output to 2 million barrels a day in the third quarter but it is not in
SPOT PRODUCT PRICES
JOC Staff |
June 15, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
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