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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 12, 1993 Prevailing sellers' posted prices at the close of business, represent
PEOPLE - ENERGY
From Wire and Staff Reports |
PETROLEUM HEAT AND POWER CO. (Stamford, Conn.) - George P. Russell was appointed senior vice preside
CONFERENCES WARILY MONITOR EC'S STANCE AGAINST TAA
Janet Porter |
The European Commission's aggressive stand against the group of 15 ocean carriers that dominate the
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
MAJOR CLEANUP OF FUEL MAY BE NEEDED AT LOGAN
Michael S. Lelyveld |
The Massachusetts Port Authority said it will report to the state next month on environmental damage
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 12, 1993Bid AskedCopper_G
GHANA, COTE D'IVOIRE COCOA STOCKS ARE DOMINANT MARKET CONCERN
Sonia Kolesnikov |
Worries about the amount of cocoa that Cote d'Ivoire and Ghana have left to sell from this year's cr
GOLD PRICE EXPECTED TO CLIMB TO $450 AS DEMAND GROWS SHARPLY THIS YEAR
Roberta C. Yafie |
The limited supplies of physical gold and sharply rising demand for the metal for fabrication and in
GENETICALLY ALTERED FOOD WINS ACCEPTANCE OF MOST IN SURVEY
Nancy Ryan |
The marketing of the first genetically altered food later this year is expected to be one of the mos
STATESWEST HIRES 2 KEY EXECUTIVES
Arizona Republic |
Regional carrier StatesWest Airlines announced the appointment of two key executives as the company
BILLIONS NEEDED FOR ASIA TELECOM, INTERNATIONAL AGENCY FORECASTS
John Zarocostas |
Tens of billions of dollars in investments will be required to develop and expand telecommunications
Maritime
REP. LIPINSKI READIES MARITIME REFORM PLAN
WILLIAM DiBENEDETTO |
Maritime subsidy and taxation reform will get a boost next week when the chairman of a key House sub
Maritime
EX-CHRYSLER EXECUTIVE NAMED CHAIRMAN OF CZECH'S TATRA
Reuters |
Former Chrysler Corp. executive Gerald Greenwald took over Wednesday as board chairman of the ailing
TRADE BRIEFS
From Wire and Staff Reports |
S. KOREA TO EMPHASIZE 15 KEY INDUSTRIESSEOUL, South Korea - Fifteen industries are b
Maritime
PORT OF GOTHENBURG POSTS $14 MILLION JUMP IN PROFIT
Journal of Commerce Staff |
The Port of Gothenburg said its net profit in 1992 was 122 million Swedishkronor ($17 millio
Maritime
US EXPORTS DOWN BUT NOT OUT
Peter M. Tirschwell |
The U.S. Department of Agriculture has reduced its official estimate of how much U.S. cotton will be
GASOLINE PRICES
JOC Staff |
May 12, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
CONTINENTAL ORDERS 92 JETS FROM BOEING FOR $4.5 BILLION
(Reuter) |
Boeing Co., announcing one of the biggest aircraft orders in months, said Wednesday that Continental
CAPACITY, PRICING REPORTS STIR BOSTON AREA AIRPORTS
Michael S. Lelyveld |
Controversy over congestion at Logan International Airport surfaced on two fronts this week as a fed
KRUESI, MINTZ NAMED TO DOT POSTS
Journal of Commerce Staff |
President Clinton named Frank Kruesi, former chief policy officer to Chicago Mayor Richard M. Daley,
FEDEX SEEN SOFTENING STAND ON JAPANESE INTERMODAL BID
Mark B. Solomon |
Federal Express Corp. said it would not oppose bids by two Japanese airlines to obtain intermodal tr
JOURNAL OF COMMERCE - FAST FACTS MERCHANT FLEET* OF US
Lloyd's Register, London. |
No text.
COMEX METAL WAREHOUSE
JOC Staff |
May 12, 1993 Copper Total, 113,189. Gold Total, .1,420,956.Silver Total, .26
EC EXPECTS PROGRESS AT TORONTO TRADE TALKS
Bruce Barnard |
The European Community said Wednesday that it expects to make progress toward easing trade barriers
Maritime
TALKS TO END GERMAN STRIKE MAY RESUME TODAY
Svea Herbst |
Negotiations to settle an 8-day-old eastern German metal workers' strike may begin as early as today
Maritime
EAST EUROPEAN TRADE LEADS
Supplied by the Eastern Europe Business Information Center |
How to Use: Under the U.S. government's American Business Initiative, the Eastern Europe Bus
Maritime
WORKERS ACCUSE HANOI OF ALLOWING EXPLOITATION BY FOREIGN EMPLOYERS
Lewis M. Simons |
Desperate for investment, the communist leaders of this impoverished country are allowing foreign co
SOUTH KOREA PREPARING HIGH-TECH TRANSFER FAIR
Brian Johns |
A leading South Korean trade organization is lining up American high-tech firms for a state-sponsore
Maritime
DROP IN REPO RATE FUELS TALK OF CUT BY BUNDESBANK
Reuters |
A larger-than-expected drop in a key money market interest rate Wednesday sparked talk of another cu
THE ECONOMY
Bureau of Labor Statistics; Knight-Ridder Tribune. |
WHOLESALE PRICES Monthly change April MarchFinished goods +0.6% +0.4%Int
TRANSPORT CALENDAR
JOC Staff |
Transportation Research Forum. May 13. New York City chapter. Speaker is Parvesh Swani, vice preside
US BUSINESSES IN CHINA BRACE FOR SANCTIONS ON TRADE
Sandy Hendry |
American businesses here seem resigned to conditions being placed on China's trade status with the U
Maritime
US THREAT ON COPYRIGHTS IS SEEN AS ATTACK ON TRADE
John Zarocostas |
The United States Wednesday came under fire for threatening to take punitive unilateral trade action
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
ROYAL INSURANCE POSTS LOSS OF $7.1 MILLIONCHARLOTTE, N.C. - Royal Insurance Co. of America r
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CONTINENTAL AIRLINES (Houston) - Daniel P. Garton was appointed senior vice president and chief fina
GERMAN STEEL FIRM TO BUILD A TERMINAL AT BRAZILIAN PORT
James Bruce |
Germany's biggest steelmaker, Thyssen Stahl AG, plans to spend $100 million on a private minerals te
Maritime
TRADING WITH SOUTH AFRICA US FIRMS INVESTING IN S. AFRICA DESPITE UNREST
Kenneth Wolf |
Although the political violence in South Africa hasn't ended, foreign investment from the United Sta
Maritime
PORT EVERGLADES AUTHORITY EXPECTED TO FLEX MUSCLE ON STEVEDORE FRANCHISING
Craig Dunlap |
The intent of a new, more restrictive Port Everglades Authority policy governing the award of steved
Maritime
STRICTER TESTING OF DREDGED SEDIMENT MAY FORCE DUMPING ALTERNATIVES
Alice Cantwell |
Ever more rigorous testing of dioxin-tainted sediment may make it imperative to find alternatives to
Maritime
EUROPE WANTS EXPANDED POWERS TO CHECK ON MERGERS, TAKEOVERS
Bruce Barnard |
The European Community Commission is seeking greater powers to scrutinize mergers and takeovers, EC
Maritime
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