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SKAARUP WILL ADDRESS WEBB INSTITUTE GRADS
Journal of Commerce Staff |
Ole Skaarup, chairman of Skaarup Shipping Corp., will be the principal speaker at the 97th commencem
Maritime
INDUSTRY BRACES FOR CLINTON'S TAX PROPOSALS
WILLIAM DiBENEDETTO |
The Clinton administration's proposed energy tax will have an indirect impact on bulk carriers, but
SHIPS URGED TO CARRY LESS CASH IN AREAS SUSCEPTIBLLE TO PIRATE ATTACKS
Janet Porter |
Large sums of money should not be carried on ships operating in areas where there is a risk of pirac
Maritime
BIOFUELS "EN VOGUE' AS FRANCE SEEKS TO APPEASE FARMERS
Tara Patel |
The French government, hoping to unblock world trade talks without arousing militant farmers at home
OFFICIAL: BOEING TECHNICAL WORKERS SHORT OF VOTES TO DESERT UNION
Knight-Ridder Newspapers |
An official in Boeing's second-largest union says it's unlikely that disgruntled technical workers h
DOLLAR DECLINES TO RECORD LOW VS. YEN ON POOR CONSUMER NEWS
Alan Zimmerman |
The U.S. dollar declined Tuesday to an all-time low against the Japanese yen of 109.10. The previous
DOT FINES LUFTHANSA $50,000 FOR VIOLATION OF LEBANON EMBARGO
William Armbruster |
The U.S. Department of Transportation has fined Lufthansa German Airlines $50,000 for violating a ba
WHITE HOUSE UNLIKELY TO LINK CHINA'S STATUS TO TRADE, ARMS
John Maggs |
The Clinton administration has decided not to condition U.S. "most favored nation" trade benefits to
Maritime
OIL PRODUCTION EXPECTED TO PLUMMET IN EX-USSR
Reuters |
The oil-producing machine of the former Soviet Union, once the world's biggest, is grinding ever mor
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
Wire and Staff Reports |
FRANCE WILL HONOR JET DEAL WITH TAIWANHONG KONG - France's newly elected government
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
SPOT COMMODITIES
JOC Staff |
May 25, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
FLA. GOVERNOR BACKS BAN ON DROPPING COVERAGE
Steve Bousquet |
Gov. Lawton Chiles is asking the Legislature this week to ratify a moratorium that blocks property i
AUTO INSURERS FACE NJ FINES FOR MISSING DRIVER QUOTA
Journal of Commerce Staff |
New Jersey Insurance Commissioner Samuel F. Fortunato is ready to use his established power to impos
GEORGIA PLANS BOND ISSUE FOR PORT EXPANSION
Craig Dunlap |
Georgia Gov. Zell Miller recently signed into law a $7 billion budget for fiscal 1994 that includes
Maritime
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA Exposicion Nacional Del Calzado. May 22-25. Guadalajara, Mexico. Exhibition of
Maritime
MEXICO URGED TO REVERSE DUTIES ON CHINESE GOODS US TOY, FOOTWEAR MAKERS LEAD PUSH
Kevin G. Hall |
Toy manufacturing giant Mattel Inc. will meet today with Mexican commerce officials in a growing cam
Maritime
UPS TO EQUIP BOEING JETS WITH QUIETER ENGINES
Reuters |
United Parcel Service Inc. said Tuesday it will spend $400 million over the next two years to equip
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 25, 1993Brent Crude Oil - (Dollars Per Barrel)_
WORLD BANK SET TO LEND NEW S. AFRICA $1 BILLION
Reuters |
The World Bank is ready to allocate US$1 billion in loans to South Africa once power is handed over
Maritime
ASIAN FUTURES
JOC Staff |
May 25, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
COMEX METAL WAREHOUSE
JOC Staff |
May 25, 1993 Copper Total, 111,878. Gold Total, .1,655,691.Silver To
MARITIME BRIEFS
JOC Staff |
LAID-UP TONNAGE DROPS TO 45 VESSELSLONDON - Tankers and combined tonnage laid up or
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 24, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CHINA FOCUSES ON US TO MEET OPTICAL FIBER CABLE DEMAND
P.T. Bangsberg |
Demand for optical fiber cable in China "will soar as it spruces up its lackluster telecommunication
Maritime
COMMERCE RULES JAPAN DUMPING ELECTRIC CUTTING, SANDING TOOLS
Journal of Commerce Staff |
Japanese suppliers are selling professional electric cutting tools and sanding-grinding tools in the
Maritime
CUSTOMS OFFICE IN CANADA TALLIES NAFTA START-UP COSTS
Journal of Commerce Staff |
Canada's customs agency Revenue Canada estimates it would cost more than C$20 million (US$16 million
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of May 21, 1993* Country Category Description
Maritime
INTERNATIONAL OIL PRICE FORMULAS NEED RESTRUCTURING, CONSULTANT SAYS
Tony Mercandetti |
Manipulation, ties to artificial markets and resale restrictions have added to obsolescence in curre
TEXAS COURT BACKS RANCH ON POLLUTION EXCLUSIONS
From Wire and Staff Reports |
The "sudden and accidental" pollution exclusion in most commercial general liability insurance polic
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
INDONESIA TO DEVELOP PORT TO CUT RELIANCE ON SINGAPORE
Knight-Ridder Financial |
Indonesia will soon develop its port in Batam so as to gradually cut its usage of Singapore's port f
Maritime
GAO SAYS MARAD ERRED IN BYPASSING NY SHIPYARD
Alice Cantwell |
A federal watchdog agency said the Maritime Administration erred in not awarding cargo vessel repair
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
BRITAIN'S NON-EC TRADE GAP NARROWS
Knight-Ridder Financial |
Britain's seasonally adjusted merchandise trade deficit with countries outside the EC narrowed to UK
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
CZECHS, SLOVAKS TAKE FINAL STEP TOWARD CAPITAL MARKET SYSTEM
Reuters |
The Czech Republic and Slovakia took a final step toward fully fledged capital markets Monday, when
Maritime
INDIA'S LARGEST PRODUCER TO BOOST ALUMINUM EXPORTS
Knight-Ridder Financial |
National Aluminium Co., India's largest aluminum producer, is aiming to export in fiscal 1993-94 (Ap
JAPAN, SOUTH KOREA GAIN FROM CRACKER CLOSURE
Henry Cutter |
This spring's closing of Taiwan's No. 3 naphtha cracker has given both Japan and South Korea a chanc
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