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CHINA GUARANTEES PRICE TO SPUR COTTON PRODUCTION
P.T. Bangsberg |
China's farmers are being urged to grow more cotton this year to meet expanding domestic demand, esp
LA SPEZIA PORT GROWS AS GENOA STRUGGLES
P.K. Semler |
Although it opened barely six years ago, the Port of La Spezia, located about 60 miles south of Geno
Maritime
POLITICAL NEWS WEAKENS CANADIAN DOLLAR, LIRA
Knight-Ridder Financial |
The dollar was essentially unchanged Wednesday, while in Europe the Italian lira fell to record lows
EC'S RESTRICTIONS ON BANANA IMPORTS CHILL RELATIONS WITH LATIN AMERICA
Thomas Long |
The European Community's decision to restrict banana imports from Latin America has chilled politica
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 24, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, Feb. 24, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
US TRADE, AID POLICIES TOWARD RUSSIA IN STATE OF FLUX
Richard Lawrence |
Russia is overdue in repaying more than $300 million of U.S. government- backed financing of Russian
ACLU SUES LA. STATE POLICE OVER INSURANCE ROAD CHECKS
Special to The Journal of Commerce |
The American Civil Liberties Union is suing Louisiana State Police, saying trooper roadblocks to che
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Feb. 24, 1993 Prevailing sellers' posted prices at the close of business, represen
INSURANCE BRIEFS
From Wire and Staff Reports |
S&P UPGRADES RATINGS FOR AM RE, UNITNEW YORK - Standard and Poor's raised American R
OUTLOOK FOR KANSAS OIL, GAS: RELATIVE STABILITY, INCREASING DEMAND
Guy Boulton |
A year ago, the outlook for the oil and gas industry was as bleak as it had ever been since oil pric
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 203.84 up 0.57 which compares w
SPOT PRODUCT PRICES
JOC Staff |
Feb. 24, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
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
FRENCH PRELIMINARY GDP FALLS 0.3 PERCENT
Knight-Ridder Financial |
French gross domestic product fell a preliminary 0.3 percent in the fourth quarter last year after r
P&O CONTAINERS THREATENS SWITCH FROM RAIL TO ROADS
Janet Porter |
In an undeniable threat to British Rail, P&O Containers Ltd. has warned it will take its substantial
OPPONENTS OF THIRD RUNWAY AT SEATTLE AIRPORT FILE SUIT
Journal of Commerce Staff |
Opponents of a proposed third runway at Seattle-Tacoma International Airport filed a lawsuit challen
MUNICH RE CHAIRMAN, HORST JANNOTT, DIES
(Reuter) |
Horst Jannott, chief executive of the world's largest reinsurance group, died Sunday, barely a week
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 24, 1993Brent Crude Oil - (Dollars Per Barrel)
MEXICO RESISTS PROPOSED TRADE TAX FOR BORDER INFRASTRUCTURE
Kevin G. Hall |
Mexico will fight any new trade taxes to shore up border infrastructure, the nation's chief trade ne
MARITIME BRIEFS
Wire and Staff Reports |
RIVERBOAT GAMBLING RETURNS TO OHIO RIVERMETROPOLIS, Ill. - Lady Luck waltzed into Su
Maritime
SOUTH KOREAN PROCESSOR MAY BUY CHINESE CORN
Knight-Ridder Financial |
A major South Korean corn processor said it is looking to switch its regular purchases of U.S. No. 2
TRADING WITH NIGERIA NIGERIA RIDES ROLLER COASTER AS OIL PRICES RISE AND FALL
Kenneth Wolf |
Nigeria's economic performance for the past decade has been a roller coaster ride that rises and fal
Maritime
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
SWISS ECONOMY FORECAST TO CONTRACT
Knight-Ridder Financial |
The Swiss economy will contract a real 0.5 percent in 1993, following a decline of 0.4 percent in re
CANADA LINE WANTS EXPRESS LANE FOR CARRYING COAL THROUGH LOCKS
Tim Sansbury |
Against fierce opposition, Canada Steamship Lines Inc. wants U.S. and Canadian Seaway authorities to
TRANSPORT BRIEFS
Wire and Staff Reports |
BA, VIRGIN ATLANTIC CONTINUE DISCUSSIONSLONDON - Talks between British Airways and V
MARITIME BRIEFS
Wire and Staff Reports |
TIDEWATER INC. ADDS 26 VESSELS TO FLEETNEW ORLEANS - Tidewater Inc. said it purchase
Maritime
CHINA EYES FURTHER HIKE IN ELECTRONIC EXPORTS
P.T. Bangsberg |
With a sharp jump in exports last year of electronic products and machinery, China is aiming for a f
Maritime
TRANSPORT CALENDAR
JOC Staff |
Balance-Due Freight Bills. March 1. Courtroom adversaries Robert J. Gallagher and Paul O. Taylor fac
ENERGY TAX COULD REDUCE OIL PRICES BY 50 CENTS A BARREL, CBO CHIEF SAYS
Doug Palmer |
An energy tax proposed by the Clinton administration could result in a 50- cent-a-barrel drop in wor
SEARCH FOR A CFC SUBSTITUTE CONSIDERED VITAL TO COMPANY
Casey Bukro |
Finding CFC-substitute chemicals that do not damage the Earth's protective atmospheric ozone layer i
WOMAN AT CONTSHIP HELM PLANS BEYOND COLOR COUP
Special to The Journal of Commerce |
Shipping tends to be a male-dominated business. However, it's Cecilia Battistello who calls the shot
Maritime
SPOT COMMODITIES
JOC Staff |
Feb. 24, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
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
BALTIC FREIGHT INDEX
JOC Staff |
1374 (Feb. 24, 1993) Previous day - 1375 The Baltic International Freight Futures Market in
Maritime
SHIPPERS BATTLE CARRIERS OVER TEXAS LEGISLATION
Dane Hamilton |
Shippers and regulated motor carriers will battle over the next several weeks in the Texas Legislatu
WELD WOULD BACK COMPROMISE ON MASS. AUTO INSURANCE REFORM
Boston Globe |
The administration of Gov. William Weld is willing to compromise on automobile insurance reform, but
SWEDISH SHIPOWNERS RENEW DRIVE AGAINST CONTROVERSIAL LABOR LAW
Janet Porter |
Swedish shipowners are stepping up their campaign against the controversial law that permits local u
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
COLUMBUS LINE INC. (Jersey City, N.J.) - Miles Douglass was hired as a sales repre- sentative in the
Maritime
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