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TECHNICAL WORKERS PUSH MERGER OF BOEING'S TWO LARGEST UNIONS
John Davies |
Merger of Boeing Co.'s two largest unions looms as a growing possibility after technical workers pet
COMMISSION ASKS EC STATES TO RATIFY PACT ON PROCUREMENT
Journal of Commerce Staff |
The European Community Commission asked EC governments Wednesday to ratify an accord with the United
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1561 (May 5, 1993) Previous day - 1557 The Baltic International Freight Futures Market in Lo
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
PANEL TO RULE TODAY ON LUMBER DUTYA bilateral arbitration panel is due to rule today on whet
Maritime
EXPORTS MAY MAKE OR BREAK AVIATION INDUSTRY IN THE US
Kevin G. Hall |
When Warren Christopher was a deputy secretary of state in the Carter administration, it was well un
Maritime
ARGENTINA CLOSE TO RELAXING MINE INVESTMENT REGULATIONS
Paula L. Green |
The Argentine Senate is expected to approve a new mining investment law this week that removes barri
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 5, 1993Prev. Life of Contr. OpenOpen High Low
UN PREDICTS $85 BILLION OIL BOOM FOR EX-USSR
(Reuter) |
Western investors eager to exploit the vast energy and mineral resources of the former Soviet Union
FIRST-QUARTER CARGO VOLUME ROSE 3.3 PERCENT AT PORT OF BALTIMORE
Journal of Commerce Staff |
General cargo at the Port of Baltimore's public terminals increased 3.3 percent during the first qua
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 5, 1993Brent Crude Oil - (Dollars Per Barrel)__
NEW OIL DISCOVERIES, IMPROVED FLOWS HELP PHILIPPINES NEAR SELF-SUFFICIENCY
P.T. Bangsberg |
The elusive goal of energy self-sufficiency may be inching closer to reality for the debt-strapped P
VENEZUELAN MINISTRY FAVORS MINE BID BY US-CANADA GROUP
Knight-Ridder Financial |
The Energy and Mines Ministry favors granting a mining concession to a U.S.-Canadian consortium, des
SPOT PRODUCT PRICES
JOC Staff |
May 5, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
CANADA'S NATURAL GAS BUBBLE BURSTS, STUDY SAYS
Arthur Gottschalk |
Canada's natural gas bubble - the surplus of supply over demand that has kept domestic prices low an
CANADA SEEKS TOUGHER SHIP POLLUTION REGULATIONS
Leo Ryan |
Proposed amendments to the Canada Shipping Act would sharply increase fines for polluters and author
Maritime
IRS INCREASES TRADE AUDITS OF MULTINATIONAL COMPANIES
Charles W. Thurston |
The U.S. Internal Revenue Service is stepping up audits of multinational companies with questionable
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
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
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
CHINA WEIGHS CURE TO ALLEVIATE "SHIPPING FEVER'
P.T. Bangsberg |
China's maritime sector is booming, and officials said Wednesday they are going to impose some restr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 5, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
APL EXTENDS HOURS FOR HONG KONG CARGOHONG KONG - American President Lines Ltd. has e
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 5, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
US SHIPBUILDERS HIT APL'S PLAN FOR FOREIGN SHIPS
Allen R. Wastler |
The announcement that American President Lines Ltd. plans to purchase six containerships from foreig
SHIPPER TELLS AIR CARRIERS, FORWARDERS TO FOCUS MORE ON DELIVERY SOLUTIONS
William Armbruster |
"Sell solutions, not freight rates and capacity." That was the message delivered by the only
LEBANON APPEALS US EMBARGO ON SALES BY MIDDLE EAST AIRLINES
(Reuter) |
Lebanon is appealing a U.S. ban on Middle East Airlines (MEA) selling tickets or taking reservations
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
BRAZILIAN GRAIN EXPORTS CONTINUE DESPITE STRIKESAO PAULO, Brazil - A strike by Brazi
MARTEN TRANSPORT REPORTS HIGHER FIRST-QUARTER INCOME
Journal of Commerce Staff |
Marten Transport Ltd. reported higher first-quarter income of $934,000, or 27 cents a share, on reve
DOLLAR RISES AS BUNDESBANK REPURCHASE RATE DROPS
Alan Zimmerman |
The U.S. dollar was mostly higher in thin trading Wednesday, as the deutsche mark declined on news t
TRADERS, CUSTOMS STRIVE TO IMPROVE EXPORT REPORT
Michael S. Lelyveld |
A group of brokers and freight forwarders is working with Customs on a plan that could greatly incre
Maritime
GASOLINE PRICES
JOC Staff |
May 5, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Premi
US OFFICIALS: RUSSIAN PORTS ADD TO COST OF GRAIN AID
WILLIAM DiBENEDETTO |
Clinton administration officials and House members, discussing high U.S. carrier costs to transport
OPPOSITION TO BARGE-FUEL TAX HIKE SET TO MAKE CASE BEFORE HOUSE PANEL
Tim Sansbury |
Waterway industry opposition to President Clinton's proposed barge-fuel tax hike of $1 a gallon so f
Maritime
PORTS URGED TO PREPARE FOR LARGER VESSELS
Craig Dunlap |
Port authorities must invest heavily in new facilities to accommodate the larger ships entering the
Maritime
NY DOCKERS MAY STRIKE OVER STALLED DREDGING EMPLOYERS THREATEN SUIT SEEKING LOST CARGO ASSESSMENTS
Alice Cantwell |
Frustrated that a permit has not been issued for a controversial dredging permit in Newark Bay, the
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 5, 1993 Quotations are based on prices reported in the market or obtainedf
INSURANCE BRIEFS
Wire and Staff Reports |
PENSION GROUP BACKS EXECUTIVE LIFE PLANThe steering committee of the Group Annuity P
ST. PAUL RESTRUCTURES COMP, REINSURANCE
Paul Dykewicz |
The St. Paul Cos. is in the midst of restructuring two poorly performing business segments that offe
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
MINN. TO OPEN FOUR OFFICES IN EC FOR TRADE PROMOTION
Charles W. Thurston |
Minnesota will expand its international trade promotion network over the coming week, opening office
Maritime
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