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BALTIC FREIGHT INDEX
JOC Staff |
1371 (Mar. 3, 1993) Previous day - 1369 The Baltic International Freight Futures Market in L
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 3, 1993Brent Crude Oil - (Dollars Per Barrel)_
ENERGY BRIEFS
From Wire and Staff Reports |
MID-MARCH RESTART SET FOR TEXAS NUCLEAR PLANTNEW YORK - The South Texas Nuclear Powe
API WEEKLY REPORT CRUDE OIL INVENTORIES INCREASE
Journal of Commerce Staff |
Crude oil inventories rose 4.1 million barrels in the week ended Feb. 26 compared with the previous
ACL REASSURES CUSTOMERS AFTER RUMORS OF COLLAPSE
Janet Porter |
Atlantic Container Line assured customers Wednesday that it was still in business after rumors swept
Maritime
US SEMICONDUCTOR INDUSTRY TAKES WAIT-AND-SEE ATTITUDE TOWARD JAPAN
(Reuter) |
The U.S. semiconductor industry is holding fire for now in its battle to open up Japan's computer ch
Maritime
TAIWAN FIRM, CHINA SET JOINT SATELLITE LAUNCH
JOC Staff |
China Development Corp., an investment firm with links to Taiwan's governing Nationalist Party, repo
Maritime
ATTORNEY FOR WEALTHY HAITIANS CRITICIZED FOR ROLE IN US TALKS
Don Bohning |
A well-connected Washington attorney hired by one of Haiti's wealthiestfamilies is quietly p
LAWMAKER PROPOSES BILL TO DISCOURAGE INSURANCE REDLINING
Paul Dykewicz |
The biggest insurers in the largest U.S. metropolitan areas would need to file annual disclosure rep
AUSTRALIA TO RESUME EXPORTS TO RUSSIA
(Reuter) |
Australia once more will begin exporting grain to Russia after Moscow resumed payments for wheat shi
EC OFFICIAL SAYS AIRBUS IS US SCAPEGOAT
Bruce Barnard |
Martin Bangemann, European Community industry commissioner, Wednesday accused the United States of u
OPEC'S PRODUCTION OF CRUDE OIL ROSE IN FEBRUARY, SURVEY REVEALS
(Reuter) |
Crude oil production by the Organization of Petroleum Exporting Countries rose in February by 150,00
COLUMBIA GAS CUSTOMERS MAY FACE HIGHER RATES UNDER FERC RULE
Arthur Gottschalk |
If new federal pipeline rules become effective, natural gas users in 13 states face billions of doll
FRANCE SAYS ILLEGAL ADDITIVES ARE IN FISH IMPORTS FROM US
Tara Patel |
In what could be the first salvo of another trade row between France and the United States, a French
Maritime
NY CONSULTANT STRIVES TO INCREASE EXPORTS BY US APPAREL MANUFACTURERS
Peter M. Tirschwell |
U.S. apparel companies export only about 4 percent of what they produce each year, a situation a det
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 204.65 up 0.66 which compares w
LAWYER PREDICTS FLOOD OF LAWSUITS OVER INJURIES FROM NYC BOMBING
(Reuter) |
The lawyer who took the first legal action in the World Trade Center explosion predicts that a flood
PANEL TO MOVE QUICKLY ON CHARTER SHIP SAFETY
WILLIAM DiBENEDETTO |
A House maritime panel will move quickly on a Clinton administration-backed proposal to bring all ch
Maritime
FLOATING CASINO ALLOWED TO DOCK AT DOWNTOWN NEW ORLEANS WHARF
Janet Plume |
The New Orleans Dock Board this week gave a joint venture that includes Hilton Hotel Corp. permissio
Maritime
THAILAND LAUNCHES OFFSHORE BANKING
JOC Staff |
Hopes of becoming Asia's new financial center are closer to realization with the introduction of off
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Mar. 3, 1993 Prevailing sellers' posted prices at the close of business, represent
DUNKEL SEEKS TO BREAK LOGJAM AT TRADE TALKS
John Zarocostas |
A new push to revive the Uruguay Round of world trade talks begins today when senior officials from
Maritime
INSIDE TALK - BRUCE VAIL DIRTY LAUNDRY OF TANKER OWNERS ON "DIRTY LISTS'
Bruce Vail |
"Dirty lists" were the subject of much discussion when the executive committee of the International
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/3 3/2 Change % Change: 2/5
INSURANCE EARNINGS
From Wire and Staff Reports |
GENERAL ACCIDENT REDUCES ITS LOSSLONDON - U.K. multiline insurer General Accident PL
LA. INSURANCE REGULATOR ORDERS LIQUIDATION OF PELICAN STATE
Special to The Journal of Commerce |
James Brown, Louisiana insurance commissioner, has placed Pelican State Mutual Insurance Co. into li
STATE FARM LOOKS AGAIN AT CLAIMS IN TEXAS
Dallas Morning News |
State Farm Insurance Cos. is reviewing its claims exposure in Texas, but has not decided whether to
VISTA COSTS COULD EXCEED COVERAGE LIMITS
Brigitte Maxey |
Property insurance covering the Vista Hotel may not be enough to pay for demolition if experts find
RUSSIA REPAYS $15 MILLION, BUT NO FOOD PACT SET
(Reuter). |
U.S. and Russian officials were unable to find a way Tuesday to reopen grain trade despite a $15 mil
NOISE REDUCTION BILL GOES TO CONGRESS NEXT WEEK
Rip Watson |
Sen. Alfonse M. D'Amato, R-N.Y., is expected to introduce a bill as early as next week that could of
TRANSPORT BRIEFS
From Wire and Staff Reports |
NY TRANSPORT FORUM HOLDS MEETING TODAYNEW YORK - THE REGULAR MEETING OF THE NEW YORK
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-US TRADE NEGOTIATIONS HAVE LITTLE IMPACT ON BUSINESS
Brian Johns |
This week's eyeball-to-eyeball negotiations between the United States and China are having little im
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 3, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
CHINA VOWS RENEWED EFFORT TO GAIN ENTRY TO GATT
(Reuter) |
China pledged Wednesday to renew efforts to enter the General Agreement on Tariffs and Trade, puttin
EXILED HAITIANS CHARGE THAT EMBARGO HAS BEEN TOO LEAKY TO BE EFFECTIVE
Milton G. Allimadi |
The economic embargo against Haiti has taken a severe toll on the country's economy, but has failed
Maritime
HONG KONG PLANS TO DOUBLE SIZE OF CONVENTION-EXHIBITION CENTER
P.T. Bangsberg |
Hong Kong's convention and exhibition center, not yet five years old but a roaring success, will be
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
March 3, 1993 Copper Total, 114,665. Gold Total, .1,364,970.Silver To
SPOT COMMODITIES
JOC Staff |
Mar. 3, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
EASTMAN SEEKS PLANT SITES IN EAST AND SOUTHEAST ASIA
P.T. Bangsberg |
Eastman Chemical Co. is mounting a blitz on East and Southeast Asia from China in the north to Indon
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