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TRADE BRIEFS
Wire and Staff Reports |
PATH CLEAR FOR DUTIES ON TAIWAN PIPE FITTINGSWASHINGTON - The International Trade Co
Maritime
SAUDI ARABIA SEES BOOM IN GASOLINE ADDITIVE PLANTS
Reuters |
It is boom time in Saudi Arabia for plants producing methyl tertiary butyl ether, an additive that m
DUO BIDDING FOR GERMAN SHIP LINE SHUNS SPOTLIGHT
Miriam Widman |
The two Hamburg investors set to take over eastern Germany's major shipping line may be unknown outs
LA PORT CHIEF SAYS DIVERSION OF FUNDS NOW MAY SAVE LATER
Kevin G. Hall |
Although it may be of questionable legality, the head of the nation's busiest containerport defends
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
JACKSON KEARNEY GROUP (New Orleans) - James T. Sandifer was appointed man- ager of corporate equipme
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 26, 1993Prev. Life of Contr. OpenOpen High Low
INSURANCE FAILURES EXPECTED TO COST ARIZONA TAXPAYERS $21 MILLION
David Wichner |
Arizona taxpayers will ultimately foot the bill for claims valued at $21 million which were made aga
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
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 26, 1993Bid AskedCopper_G
CALIF. PILOT BOARD MAY FACE CRUNCH ON BAY MANPOWER
Allen R. Wastler |
California's marine pilot agency is struggling with manpower and training questions in the wake of c
Maritime
PETER D. CLARK - SEA LAW STEPS NECESSARY FOR RESTRAINT-OF-PRINCES EXCEPTION
Peter D. Clark |
The majority of vessel charter party contracts contains a general-exceptions clause. This clause pro
Maritime
US-CENTRAL AMERICA PLAN WON'T FLY, OFFICIAL SAYS
Mark B. Solomon |
A top Department of Transportation official Wednesday doubted a U.S. proposal to craft a multilatera
MONSANTO INTRODUCES PLASTIC FILM THAT READILY CONDUCTS ELECTRICITY
Journal of Commerce Staff |
Monsanto Co. this week introduced a thin plastic film that houses an even thinner metal layer that r
JAPAN LEAD CONCENTRATES ARE SUFFICIENT, SMELTERS SAY
Deena Beasley |
Japanese lead smelting firms say they are not facing a severe shortage of concentrate supplies, but
API WEEKLY REPORT CRUDE STOCKS RISE BY 4.1 MILLION BARRELS
Knight-Ridder Financial |
Crude oil inventories rose 4.1 million barrels in the week ended May 21 compared with the previous w
ENERGY BRIEFS
Wire and Staff Reports |
BRITISH COAL GETS NOD TO CLOSE 10 MINESLONDON - British Coal can now lawfully close
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 26, 1993 Prevailing sellers' posted prices at the close of business, represent
PACIFIC CONFERENCE CHASED LUMBER TO PROP UP RATES, CARRIER SAYS
John Davies |
The day the big carriers took 12,000 containerloads of lumber away from him under a new contract, La
JOURNAL OF COMMERCE - FAST FACTS US-AUSTRALIA CONTAINERIZED, COMMERCIAL TRADE
""Trade Horizons," PIERS, New York. |
No text.
URUGUAY ROUND TO TAKE CENTER STAGE AT OECD MEET
Keith M. Rockwell |
Efforts to keep the newly energized global trade talks on track will have the highest priority when
FORMER PILOTS OF EASTERN AIR SUE UNION FOR FRAUD
Reuters |
Former Eastern Airlines pilots said Wednesday they are suing their union for $500 million in a fraud
MANILA TO REPAY $266 MILLION ON LOANS FOR NUCLEAR PLANT
Knight-Ridder Financial |
The Philippines will repay foreign and local creditors 7.01 billion pesos ($266 million) this year o
MEXICAN TRUCKERS TARGET OF ILLEGAL INSURANCE SCAMS
Brigitte Maxey |
A county attendant was lucky to survive when an 18-wheeler crashed into his toll booth outside Brown
INSURANCE BRIEFS
From Wire and Staff Reports |
MID-OCEAN TO PLANS PUBLIC STOCK OFFERINGWASHINGTON - Mid-Ocean Ltd., a Bermuda-based
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 209.90 up 0.62 which compares w
ASIAN FUTURES
JOC Staff |
May 26, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
NYK'S NORTH AMERICAN UNIT TO NAME A NEW PRESIDENT
Journal of Commerce Staff |
Nippon Yusen Kaisha's North American operation will get a new president this summer. Keitaro
Maritime
VARLEN TO SELL RAIL, TRUCK EQUIPMENT IN EUROPE
Chicago Tribune |
Varlen Corp., a Naperville-based manufacturer of engineered equipment for the railroad and trucking
GORE URGES US FIRMS TO MAKE GREEN GOODS
Reuters |
Vice President Al Gore said Tuesday that American business must develop profitable products and tech
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 28, 1993 Quotations are based on prices reported in the market or obtained
DU PONT FINISHES NO. 1 ON EPA POLLUTERS LIST
Reuters |
Chemical manufacturer Du Pont was first on the government's list of "Top 10" polluters in 1991, the
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
LOW US GAS PRICES HELP PUT SPENDING ON ENERGY EXPLORATION AT 10-YEAR LOW
Greg Hassell |
Frightened by low natural gas prices and discouraged by abundant oil overseas, the nation's biggest
DOLLAR FALLS FOR 2ND DAY TO RECORD LOW AGAINST YEN
Alan Zimmerman |
The U.S. dollar fell to a record low against the Japanese yen for the second day in a row Wednesday.
INTERMODAL RAIL GROWTH STRAINS EQUIPMENT FLEET
Rip Watson |
The contrast between rapid growth in intermodal rail traffic and lack of growth in the fleet of trai
COST OF CREDIT
JOC Staff |
Wednesday, May 26, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRANSPORT CALENDAR
JOC Staff |
JFK Air Cargo Association. May 27. Luncheon. Speaker: Walter Reuther, director, air freight, Frankfu
BRITISH AEROSPACE REPAYS UK FOR $88 MILLION ILLEGAL SUBSIDY
Knight-Ridder Financial |
After years of wrangling, the U.K. government confirmed Wednesday that British Aerospace (BAe) had f
STIFFER COMPETITION SEEN IF AIG ENTERS EXCESS MART
Paul Dykewicz |
There will be stiffer competition in the excess liability insurance market if American International
INDIANA ENVIRONMENTALISTS FOCUS ON THE "GREENING' OF BURNS HARBOR
John Ellis |
Northwest Indiana environmentalists, including Save the Dunes Council and Save Our Selves, are hopin
Maritime
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