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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
INDIA'S TRADE DEFICIT WIDENS TO $3.9 BILLION
Knight-Ridder Financial |
India's trade deficit in the first 10 months of this fiscal year (April- March) widened to $3.86 bil
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 18, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
CORRECTION
JOC Staff |
A headline on a story on Page 7B Thursday about using natural gas for power generation was incorrect
PEOPLE - TRADE HONG KONG NAMES PROMOTION AIDE
JOC Staff |
Roger Garcia was appointed regional director (North America) for industrial promotion by the Hong Ko
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1466 (Mar. 18, 1993) Previous day - 1459 The Baltic International Freight Futures Market in
Maritime
ASIAN FUTURES
JOC Staff |
March 18, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity
HUMAN CLINICAL TRIALS BEGINNING ON UNIVAX BIOLOGICS' KIDNEY VACCINE
From Wire Reports |
Univax Biologics Inc. said it was beginning human clinical studies for a vaccine to reduce the incid
DANFORTH CALLS PROPOSED AGENCY ON AIR INDUSTRY A WASTE OF ENERGY
Stephanie Nall |
The proposed commission to study the U.S. airline and aerospace industries would be a bureaucratic w
FALLING EXPORTS PUSH UP DEFICIT BY 6 PERCENT IN JANUARY
Richard Lawrence |
The U.S. merchandise trade deficit rose in January to $7.3 billion, up about 6 percent from December
BUNDESBANK DISCOUNT CUT SEEN AS CAUTIOUS EASING OF POLICY
Knight-Ridder Financial |
Thursday's Bundesbank discount rate reduction underlines its intention of easing policy in graduated
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
NEW BOXSHIP SERVICE FROM EAST COAST TO N. EUROPE WILL CALL AT PHILADELPHIA
David Johnston |
A new containership service between the U.S. East Coast and North Europe will begin next month, prov
Maritime
JAPAN TO RESIST ACCORDS THAT SPECIFY FOREIGN FIRMS' MARKET-SHARE TARGET
Mark Magnier |
Japan will resist agreements that call for a specific market-share target for foreign companies, a s
Maritime
UNIONS' RIFT IMPERILS BAILOUT FOR NORTHWEST
Bernie Shellum |
Two weeks short of a deadline set by Northwest Airlines, the carrier's most powerful unions squared
LUFTHANSA EMPLOYEES TO DEMONSTRATE SATURDAY
Miriam Widman |
Several thousand workers for Lufthansa German Airlines are expected to demonstrate in Bonn Saturday
TRADE BRIEFS
Wire and Staff Reports |
POLISH PARLIAMENT REJECTS PRIVATIZATIONWARSAW, Poland - The Polish Parliament reject
Maritime
CHINA FIRES SHOT AT US OVER HONG KONG AFFAIRS
P.T. Bangsberg |
China stepped up its war of words on Hong Kong and fired a warning shot toward the United States, ju
Maritime
SUIT CLAIMS WESTINGHOUSE PAID BRIBES TO MARCOS
(Reuter) |
A lawyer for the Philippines government has charged in federal court that Westinghouse Electric Corp
PEOPLE - MARITIME
From Wire and Staff Reports |
PUERTO RICO MARITIME SHIPPING AUTHORITY (Puerto Rico) - Eduardo Molinari Soler was named acting chai
Maritime
ALASKAN, RUSSIAN GOVERNORS TO DISCUSS TRANSPORT LINKS
John Davies |
Governors from 10 provinces in Russia and from Alaska will meet in the Russian Far East next month t
Maritime
RUSSIA TO BOOST AREA FOR SOWING OF GRAIN THIS YEAR
Knight-Ridder Financial |
Russia will increase slightly the land area sown with grain this year, Alexander Efremov, the countr
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
DOMINO'S PIZZA CUTTING A SLICE OF ARGENTINE MARKET
Paula L. Green |
Domino's Pizza is betting that hungry Buenos Aires consumers eager to sample American food will be b
Maritime
BELGIAN CENTRAL BANK TO PURSUE INDEPENDENT MONETARY POLICY
Knight-Ridder Financial |
The Belgian National Bank will pursue a legally independent monetary policy once a law enters force
RUSSIAN POLITICAL CRISIS FUELS NEW DEBATE ON US LOANS
Michael S. Lelyveld |
Russian President Boris N. Yeltsin's political crisis has sparked a new debate over a proposed $2 bi
CENTRAL AMERICAN NATIONS MAY INTEGRATE STOCK MARTS
Kevin G. Hall |
Efforts are under way to integrate the infant stock markets of Guatemala, El Salvador and Honduras,
Maritime
DOLLAR DROPS DESPITE CUT IN GERMANY'S DISCOUNT RATE
Alan Zimmerman |
The U.S. dollar declined Thursday despite the fact the German central bankcut its discount r
CORRECTION: TOP 20 CONTAINSHIP LINES
JOC Staff |
A listing of the "Top 100 Ship Lines" on page 8B of Monday's Journal of Commerce incorrectly ranked
Maritime
EXPEDITORS INTERNATIONAL POSTS INCREASE IN NET
Journal of Commerce Staff |
A 12 percent rise in profit during the final quarter of last year helped Expeditors International, a
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ECK MILLER TRANSPORTATION CORP. (Rockport, Ind.) - Phillip E. Weaver was named president of this spe
FAIRBANKS INC.
JOC Staff |
PERFORMANCE: One of the oldest corporations in the United States, Fairbanks Inc., founded in
Maritime
"STORM OF CENTURY' PROVED GAS IS RELIABLE, INDUSTRY SAYS
David Ivanovich |
The natural gas industry - trying for years to live down memories of devastating gas curtailments ba
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 18, 1993Brent Crude Oil - (Dollars Per Barrel)
NAVILINE SAYS ARREST WON'T SLOW ITS SERVICE
Craig Dunlap |
The seizure last week of a NaviLine de Venezuela containership in Venezuela was a "wrongful attachme
Maritime
MEXICAN OFFICIAL SEES GROWING THREAT OF PROTECTIONISM IN JAPAN, EUROPE, US
Brian Johns |
Protectionist pressures in Japan, Europe and the United States threaten consumers in those nations a
Maritime
CBT DROPS EXCLUSIVITY PROVISION IN MERGER TALKS WITH COMEX
Michele Gerry |
The Chicago Board of Trade has agreed to allow the New York Commodity Exchange to talk with other ex
NORTHWEST'S WATER LINK TO EUROPE PRESERVED HAPAG, MATSON TO START SHUTTLE
Allen R. Wastler |
In a bid to preserve an all-water freight link between the Pacific Northwest and Europe, a German sh
OLDER REEFER SHIPS IDLE DURING PEAK SEASON
Janet Porter |
Many older ships designed to carry frozen or chilled produce are unable to find cargoes these days,
UK MONEY SUPPLY ROSE 0.6 PERCENT IN FEBRUARY
Knight-Ridder Financial |
The U.K. broad money supply measure M4 rose a provisional 0.6 percent in February and was up 3.3 per
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