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Commentary
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SUPPLY SHORTAGES CONTINUE TO UNDERPIN SUGAR PRICES
Simon Clow |
Supply-side shortages seem set to drive raw sugar prices higher despite continued concerns over slug
US, RUSSIA AGREE TO SHARE COST OF SHIPPING GRAIN
Tim Shorrock |
U.S.-flag shipping lines will carry 75 percent of the new $700 million U.S. food package to Russia,
EC HOPES TO END TRUCKING TAX RIFT BY END OF YEAR
Keith M. Rockwell |
The European Community hopes to resolve a bitter internal conflict on community-wide access for moto
TAX UNCERTAINTY BLAMED FOR BARGE YARD SHUTDOWN
John Boyd |
Uncertainty since last fall over taxes affecting the inland waterway industry proved to be too much
Maritime
TIDE BEGINS TO TURN IN CALIFORNIA AS NAFTA SUPPORTERS SPEAK OUT
Kevin G. Hall |
After months of letting opponents set the tone of debate over the increasingly troubled North Americ
KYRGYZSTAN TO ISSUE ITS OWN CURRENCY
(Reuter) |
Kyrgyzstan on Monday became the first Central Asian republic to ditch the ruble when Parliament vote
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 210.89 up 0.37 which compares wi
AUSTRALIA-NEW ZEALAND LINE PUSHES APPRENTICE PROGRAM
Allen R. Wastler |
With concerns about qualified labor and job creation abounding in the business world, an ocean carri
Maritime
INDUSTRY ORDERS RISE IN EASTERN GERMANY
Knight-Ridder Financial |
Orders to eastern German industry rose 6.1 percent in February from January on the strength of an 18
FMC GIVES GREEN LIGHT TO ATFI AGREEMENT
Journal of Commerce Staff |
A working group organized by 17 ocean conferences and shipping lines to facilitate electronic filing
Maritime
GERMANS STRIKE YARDS AFTER PAY HIKE CANCELED
Miriam Widman |
Major shipyards in eastern Germany are to be hit with strikes early today as more than 16,000 member
Maritime
NY ARBITRATORS REVIEW SYSTEM OF SETTLING DISPUTES
Allen S. Roberts |
Responding to complaints from shipowners and shippers that their legal conflicts take too long and c
Maritime
US CATASTROPHE CLAIMS PUT AT $2.8 BILLION
Knight-Ridder Financial |
Catastrophes during the first three months of this year affected 31 states, with New York suffering
US IMPORT CLEARANCE BUOYS BRAZILIAN FRUIT EXPORT DRIVE
James Bruce |
Brazil's efforts to expand international fruit sales are getting a hand upfrom Washington in
Maritime
SOUTH KOREA'S TRADE DEFICIT NARROWED TO $94 MILLION IN APRIL
Knight-Ridder Financial |
South Korea reported a $94 million trade deficit in April, compared with a deficit of $470 million i
DESPITE CANCELLATION, APC STILL IN MARKET FOR NEW VESSELS
Allen R. Wastler |
Despite canceling a shipbuilding order tied to an abandoned service deal, American President Cos. is
Maritime
ONTARIO REORIENTS STRATEGY ON EXPORTS
Charles W. Thurston |
Ontario, Canada's most industrialized province, has just gotten $4 billion leaner in a budgetary way
MIDDLE EAST, US INVESTORS PROPEL GOLD TO 10-MONTH HIGH
From Wire and Staff Reports |
Gold prices continued to advance in moderately active trading here and in London, reaching a new 10-
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
CANADA FIRM TO BUY RUSSIAN ALUMINUMLONDON - Canada's Alcan Aluminium Ltd. may import
RUSSIAN GOLD EXTRACTION EXPECTED TO STEADY
(Reuter) |
Russian gold extraction will steady at around 170 tons this year, the same as last year but down fro
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
TEJAS TO ACQUIRE EXXON'S TEXAS, LOUISIANA GAS PIPELINE SYSTEMS
Knight-Ridder Financial |
Exxon Co. USA and Tejas Gas Corp. said Monday they had reached agreement for the sale of Exxon's Tex
GLOBAL INTERDEPENDENCE TO TEST INDUSTRY, EXECUTIVES TOLD
Craig Dunlap |
The era of downsized companies seeking lower-cost production overseas is creating a global economic
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 3, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
SRI LANKA MURDERS LIKELY TO STALL INVESTMENT
N. Vasuki Rao |
The weekend murder of Sri Lankan President Ranasinghe Premadasa seems likely to bring a period of un
Maritime
WHILE WOOING INVESTMENT, CHINA WARNS US ON SANCTIONS
P.T. Bangsberg |
A senior Chinese leader waved an olive branch in the direction of the United States, but scarcely co
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
3M POSTS $330 MILLION IN QUARTERLY EARNINGSST. PAUL, Minn. - Minnesota Mining and Manufactur
TEXAS RICE FARMERS FIGHT ANOTHER GULF WAR
Steven H. Lee |
You only thought the Persian Gulf war was over. It rages on for rice producers along the Texas Gulf
RUBBERMAID GROWTH GOAL IN REACH, CHAIRMAN SAYS
Robert Fernandez |
Wolfgang Schmitt, Rubbermaid Inc.'s new chairman, said the company's goal of 15 percent compounded a
HAZARDOUS MATERIALS STUDY ALLAYS SHIPPERS, CARRIERS
Mark B. Solomon |
For three years, shippers and carriers held their breath as a government panel studied the feasibili
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
WASH. LEGISLATURE KILLS PROPOSED TRUCK-FEE HIKE
John Davies |
A proposal to raise commercial truck fees in Washington state by 50 percent was killed last week whe
KLOSTER CRUISE'S FINANCIAL WOES MAY THREATEN SHIP DELIVERY
Knight-Ridder Newspapers |
A prospectus for Kloster Cruise Ltd.'s planned $300 million debt offering reveals that the company i
Maritime
JOURNAL OF COMMERCE - FAST FACTS GRAIN MILL PRODUCTS: TOP RAIL CARRIERS, 1992
Association of American Railroads, Wash. |
In thousands of carloads* Norfolk Southern 101Chicago & N. Western 87Conrai
HUNGARY TO RESIST PRESSURE TO DEVALUE, DEPUTY DIRECTOR SAYS
Milan Ruzicka |
The Hungarian government will resist pressure to devalue the forint as itconsiders a stable
EC WANTS TO ENCOURAGE REFORM WITHIN EASTERN EUROPE
Knight-Ridder Financial |
The European Commission Monday proposed that the European Community encourage political reform in th
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 3, 1993Prev. Life of Contr. OpenOpen High Low
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
TRADE TALK - ROSALIND MCLYMONT FAIRNESS IN TRADE IS IN THE EYE OF THE BEHOLDER
Rosalind McLymont |
Chulsu Kim, South Korea's minister of trade, industry and energy, wishes the whole notion of the Sup
Maritime
TRADE BRIEFS
Wire and Staff Reports |
LEVI-STRAUSS SAYS IT WON'T INVEST IN CHINALevi Strauss & Co., the clothing giant, said Monda
Maritime
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