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COST OF CREDIT
JOC Staff |
Monday, June 14, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
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 |
1547 (June 14, 1993) Previous day - 1563 The Baltic International Freight Futures Market in
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
June 14, 1993 Copper Total, 108,470. Gold Total, .2,230,555.Silver To
SPOT COMMODITIES
JOC Staff |
June 14, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
KUWAIT SAYS IT SUPPORTS MARKET STABILITY
Reuters |
The Kuwaiti Cabinet said it wanted to support oil market stability, the Kuwait News Agency reported
DAILY PETROLEUM PRICES
JOC Staff |
Monday June 14, 1993 Prevailing sellers' posted prices at the close of business, representin
SPOT CHEMICALS
JOC Staff |
As of June 14, 1993 Quotations are based on prices reported in the market or obtained from s
SUPREME COURT DECLINES TO HEAR RAIL SAFETY CASES
Journal of Commerce Staff |
The U.S. Supreme Court has declined to review two railroad safety cases. The first case ques
LATE SPRING RAINS DAMAGE CALIFORNIA'S FRUIT CROPS
Brian Johns |
Soggy May weather has dampened California agricultural production, increasing the risk of brown rot
PORK EXPORTS COULD TRIPLE TO $1.7 BILLION, EXPERT SAYS
Lester Aldrich |
Saying the U.S. pork industry is "on the threshold of something very big," Philip Seng, president of
MARITIME BRIEFS
Wire and Staff Reports |
OFFICIALS SEIZE 2 TONS OF COCAINE OFF SPAINMADRID, Spain - Spanish police said some
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
CF WILL INCREASE ITS DISCOUNT RATES BY 2 PERCENT IN AUGUST
Dane Hamilton |
CF Motor Freight said Monday it will raise its discount rates by 2 percent effective Aug. 2.
INTERNATIONAL TAX WAR LOOMS AS UK HITS BACK AT CALIF. LAW
Richard Lawrence |
The British government is about to take another step toward what some tax experts say could develop
SCHAEFER ANNOUNCES PLAN TO RETIRE AS PRESIDENT OF TODD SHIPYARDS
John Davies |
With his shipyard losing money and union leaders pressing for a more favorable contract, the veteran
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 14, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
P&I CLUB CRACKS DOWN ON CHINESE NUT CARGO
Janet Porter |
Liability insurers have been hit by so many claims related to damaged cargoes of Chinese peanuts tha
APPEALS COURT SAYS INSURER CAN SUE COMMON CARRIER FOR LOSSES IN THEFT
Brigitte Maxey |
The 7th Circuit Court of Appeals further strained the relationship between shippers and those who mo
GERMAN AIDE SAYS RISE IN EXPORT CREDITS FEASIBLE
Conny Lotze |
Economics Minister Guenter Rexrodt said an increase in export credit guarantees of 2 billion deutsch
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 14, 1993Brent Crude Oil - (Dollars Per Barrel)
NAPOLEON'S ARTIFACTS INSURED FOR $50 MILLION
Helen Pike |
The freight is fit for an emperor: an executive's mobile office, his wardrobe, diamond jewelry from
TRANSPORTATION FORUM TO BE HELD IN NY
Journal of Commerce Staff |
The annual meeting of the Transportation Research Forum will be held here Oct. 14-16 at the Marriott
DOLLAR CONTINUES ITS SLIDE HITS RECORD LOW AGAINST YEN
Alan Zimmerman |
The U.S. dollar fell Monday to yet another record low against the Japanese yen and was lower against
MERCHANT MARINE FEARS COLLAPSE OF INDUSTRY
Barry Witt |
Twenty-four years after first setting out to sea aboard a cargo ship, marine engineer Steve Barnett
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 203.29 off 1.89 which compares w
VIETNAM ADDING OPTIONS IN PRIVATIZATION DRIVE
John Rogers |
Faced with a host of difficulties in turning state companies private, the government is adding optio
Maritime
$212 MILLION IN CREDITS EARMARKED TO REACTIVATE BRAZILIAN SHIPYARDS
James Bruce |
Credits totaling $212 million will be made available to export ships built in Brazil's depressed shi
Maritime
JOURNAL OF COMMERCE - FAST FACTS BUNKER FUEL PRICES
Navios Hedging / GMS Merlin, Stamford, Conn. |
No Story.
NORWAY POSTS SURPLUS OF $1 BILLION IN MAY
Knight-Ridder Financial |
Norway posted a 6.869 billion kroner ($1.0 billion) preliminary surplus in May, compared with a 5.99
CANADA'S PRIME MINISTER-DESIGNATE TO FACE TOUGH ECONOMIC AGENDA
Leo Ryan |
Kim Campbell, Canadian prime minister-designate, promises continuity on key economic policy issues,
Maritime
FRANCE'S NATIONAL RAILWAY LOOKS FOR TRUCK LINKS TO CHECK LOSSES
Tara Patel |
France's state-owned rail company, the Societe Nationale des Chemins-de-Fer Francais (SNCF), says it
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of June 12, 1993* Country Category Description
Maritime
ECONOMIC REFORMS BEARING FRUIT IN SOME E. EUROPEAN NATIONS
Knight-Ridder Financial |
Eastern European countries furthest advanced in the market reform process - the former Czechoslo- va
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 14, 1993Prev. Life of Contr. OpenOpen Hi
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
INSURANCE BROKERS ELECT NEW SLATE OF OFFICERS
Journal of Commerce Staff |
Philip F. Petronis was named chairman and chief executive officer of the National Association of Ins
BANK'S REPORT SAYS EX-USSR LACKS MACROECONOMIC STABILITY
Knight-Ridder Financial |
Macroeconomic stabilization is still lacking in most parts of the former Soviet Union, according to
PRIVATE SECTOR MUST SET EXAMPLE OF EFFICIENCY, LOGISTICS EXPERT SAYS
Rip Watson |
The private sector should take the lead in identifying and capitalizing on opportunities to improve
US TO ASK THAIS FOR INCREASED ACCESS TO SERVICE SECTORS
Ron Corben |
The United States will press Thailand for fresh negotiations to open up its banking, insurance and t
Maritime
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