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PRICE HIKES FAIL TO SLOW INDONESIAN OIL DEMAND
Kim Coghill |
Sharp increases in the price of oil have failed to curb Indonesia's voracious appetite for fuel, whi
TIN HITS LOWEST PRICE SINCE THE EARLY 1970S
Martin Hayes |
Tin prices slumped to the lowest levels since the early 1970s on Tuesday, depressed by rising stocks
CHINA PLASTICS SECTOR SEEKS PLACE AMONG TOP PRODUCERS
P.T. Bangsberg |
China aims to break into the top five world producers of plastics by the end of the decade, and says
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 15, 1993 Quotations are based on prices reported in the market or obtained from s
NJ-BASED HOME STATE PLANS $22 MILLION STOCK OFFERING
Paul Dykewicz |
An intrepid New Jersey-based auto insurer that does business in several states where other underwrit
"CLEAN COAL' TECHNOLOGY TOPS LIST FOR POWER COMPANIES
Doug Harper |
Clean coal technology will play a decisive role in future power generation - by independent power pr
GLOBAL ECONOMY DARKENS S. AFRICAN EXPORTERS' OUTLOOK
Tony Koenderman |
South African coal exporters, though optimistic over the medium term, see the world coal surplus and
SHANGHAI OIL FUTURES MARKET MOVES AHEAD OF RIVAL EXCHANGES
Andrew Browne |
Just weeks after its launch, the Shanghai Petroleum Exchange has surged ahead of its rival in nearby
PEOPLE - MARITIME
Wire and Staff Reports |
AMERICAN BUREAU OF SHIPPING (New York) - Daniel T. Melitz was named a technical adviser to the ABS.<
Maritime
NAVY SELECTS MARINE SAFETY TO SET UP CALIF. SHIP SIMULATOR
Journal of Commerce Staff |
Marine Safety International said it was selected by the U.S. Navy to install and operate a ship-hand
Maritime
UK LIFELINE: TOO LITTLE, TOO LATE?
Janet Porter |
The lifeline thrown to Britain's coal industry by the government in a desperate bid to regain some p
BERMUDA GIVES BIRTH TO REINSURER THAT WILL FOCUS ON CATASTROPHES
Paul Dykewicz |
Renaissance Reinsurance Ltd. of Bermuda became the latest entrant into the reinsurance market Tuesda
ABANDONING BCOA PACIFIES THE UMW
Neil Springer |
The recently announcedmerger plans of two major coal producers gave the United Mine Workers of Ameri
PORT OF LOS ANGELES ADOPTS GROWTH PLAN
Kevin G. Hall |
Moving to lay the financial groundwork for several key expansion projects at the nation's busiest co
Maritime
INSIDE TALK - LARRY KAUFMAN RAIL ACT'S UMBRELLA MAY BE A LEAKY ONE FOR PACKAGE CARRIERS
Larry Kaufman |
The legal contortions by United Parcel Service Inc. and Federal Express Corp. to place themselves un
CITING FLAT ECONOMIC CONDITIONS, BOARD ADOPTS NO-GROWTH BUDGET
Kevin G. Hall |
Seeing few prospects for rapid economic recovery in Asia or California, the Los Angeles Board of Har
Maritime
PILOTS BOW TO SHIP LINES, CUT RATE HIKE REQUEST
Alice Cantwell |
The pilots who guide vessels into and out of New York harbor Tuesday reduced their requested rate hi
Maritime
FOKKER TO LAUNCH ITS NEW PLANE WITH ORDERS WORTH $400 MILLION
Reuters |
Aircraft manufacturer Fokker NV said Tuesday it has received enough orders to launch its Fokker 70 a
WHITE HOUSE ENDORSES BILL ON UNDERCHARGES BIPARTISAN PROPOSAL SIDES WITH SHIPPERS IN TRUCK DISPUTE
WILLIAM DiBENEDETTO |
Taking a step urged by shipper and trucker spokesmen, the Clinton administration Tuesday backed a bi
RESOLUTION MAY COME SOON IN US-AUSTRALIA AVIATION RIFT
William Armbruster |
A resolution to the dispute between Australia and the United States over aviation rights appears imm
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
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
BALTIC FREIGHT INDEX
JOC Staff |
1539 (June 15, 1993) Previous day - 1547 The Baltic International Freight Futures Market in
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
EVERGREEN GROUP PLANS TO INVEST IN INDONESIAN DEEP-WATER PORT
Reuters |
Evergreen Group, the world's largest containership operator, said Tuesday itplans to invest
Maritime
US MANUFACTURERS' PROFITS ROSE TO 2 PERCENT OF SALES IN FIRST QUARTER
Knight-Ridder Financial |
After-tax profits of US manufacturers rose to a seasonally adjusted average of 2.0 percent of sales
WORLD OIL PRICES FALL TO SIX-MONTH LOW
Reuters |
World oil prices fell to their lowest levels for nearly six months on Tuesday on a continued reactio
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
ORGANIC FARMING GAINING GROUND IN EUROPE
Ben Hirschler |
British farmer Lister Noble is proud of his ripening crop of organic wheat. ''It looks promi
COMEX METAL WAREHOUSE
JOC Staff |
June 15, 1993 Copper Total, 108,373. Gold Total, .2,230,325.Silver To
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 203.39 up 0.10 which compares wi
SAUDIS FORM GIANT, FULLY INTEGRATED OIL COMPANY
Reuters |
Saudi Arabia said it has approved the amalgamation of its oil refining giant Saudi Arabian Marketing
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
DU PONT AND ASAHI TO COOPERATE IN ASIAWILMINGTON, Del. - Du Pont has entered into an
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
AZT MAY BE LIMITED IN ACCIDENTAL EXPOSURESThe anti-AIDS drug AZT appears to provide incomple
CLEAN ENERGY COSTLY FOR EAST EUROPE
Milan Ruzicka |
The countries of Eastern Europe, which once proudly displayed belching smokestacks of coal-burning p
PROPOSED COAL EXPORT TERMINAL ADVANCES
Kevin G. Hall |
The Los Angeles Board of Harbor Commissioners approved a final environmental impact report for a mas
Maritime
TRANSPORT INTERESTS ASSESS FUEL TAX PLAN
Gregory S. Johnson |
Carrier executives and shippers were weighing the effect of a proposed 7.3- cent-a-gallon transporta
MANILA CRITICS SLAM NEW AUTHORITY CREATED TO REPLACE CENTRAL BANK
Victor Sollorano |
Critics of the new Philippine Central Monetary Authority last week said the authority eventually wil
CHINESE PROVINCE REPORTS RECORD DEALS AT FAIR
Journal of Commerce Staff |
China's southern province of Guangdong, the wealthiest and most capitalist in the country, reported
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
UNITED PARCEL SERVICE (Atlanta) - Sheryl Webber Washington was named a manager of public affairs for
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