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COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
RESTRUCTURING CHARGE SPURS RECORD ICI LOSSLONDON - Imperial Chemical Industries PLC,
RUSSIAN GAS ENTERPRISE GETS $86 MILLION EX-IM BANK LOAN
Richard Lawrence |
The U.S. Export-Import Bank Thursday approved its first direct loan to Russia, for $86.2 million to
*SPOT COMMODITIES
JOC Staff |
Feb. 25, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
BRITAIN PURSUES IMO APPROVAL FOR OIL-SPILL PROTECTION MEASURES
Janet Porter |
The British government is seeking International Maritime Organization approval for measures to prote
Maritime
CALIF. SERVICE STATION RENEWS GASOLINE PRICE WAR WITH RIVALS
Libby Lane |
Before Lenny Soranno sold Gasco Oil Co. to Exxon Corp. four years ago, he regularly slugged it out w
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 25, 1993 Quotations are based on prices reported in the market or obtained from s
OPERATING LOSS IMPROVES AT SOUTHERN PACIFIC
Allen R. Wastler |
Despite optimistic pronouncements from its executives all last year, Southern Pacific Lines indicate
GA. BOND PACKAGE EARMARKS $38 MILLION FOR PORT
Journal of Commerce Staff |
It's easy to miss at first glance, but buried within Georgia Gov. Zell Miller's massive 1994 bond pr
Maritime
NOCS TERMINAL PURCHASE HEATS UP REEFER CARGO COMPETITION IN GULF TEXAS DEAL FILLS WAREHOUSING VOID
Gary Taylor |
Competition for refrigerated cargo among ports in the Gulf of Mexico has moved to a new level with t
Maritime
COAL EXPORTS WEEK OF FEB. 15-19, 1993
JOC Staff |
This is a listing of U.S. coal shipments abroad compiled during the week by Port Import/Export Repor
SICK-OUT SNARLS APL TERMINAL
Journal of Commerce Staff |
Longshore clerks staged a sick-out at American President Lines' Oakland terminal Thursday, causing d
Maritime
RIBELIN LOWELL PURCHASES ASSETS FROM HOMESTATE ANCHORAGE DAILY NEWS
JOC Staff |
Insurance broker Ribelin Lowell & Co. has purchased the assets of troubled Homestate Insurance Broke
BUILDERS SAY TIMBER PLAN WON'T RAISE PRICES SOON
Steve Kerch |
A proposal by the Clinton administration to cut off below-market sales of timber, grazing and mining
NY INVESTOR WINS INTERNAL FIGHT, BECOMES TODD SHIPYARD CHAIRMAN
John Davies |
A New York investor with 25 years of experience in steel fabrication was elected chairman of Todd Sh
Maritime
WEST COAST AGRICULTURAL SHIPPERS MAY CHARTER SHIPS TO SKIRT TAA
Kevin G. Hall |
West Coast fruit and nut exporters are threatening to charter their own tramp freighters to North Eu
COCOA MEETING'S LEADER DENIES SETTING DEADLINE
Knight-Ridder Financial |
Peter Lai, chairman of United Nations-sponsored negotiations on a new cocoa agreement, has denied ha
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Feb. 25, 1993Prev. Life of Contr. OpenOpen High Low
FAILURES DOWN IN '92 FOR LIFE-HEALTH INSURERS
Jan Paschal |
Insolvencies in the life and health insurance industry fell to an estimated 32 failures in 1992 from
COURT RULING MAY INCREASE CARGO LIABILITY
Ira Breskin |
Airlines and air freight forwarders could face unlimited liability when shippers claim their freight
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Feb. 25, 1993 Prevailing sellers' posted prices at the close of business, represent
MARITIME CALENDAR
JOC Staff |
Institute of Marine Engineers. March 2. New York. Fred Pagan of Lloyd's Register of Shipping address
Maritime
CP RAIL TO ABANDON LINE DESPITE INCREASE IN TRAFFIC
Michael S. Lelyveld |
CP Rail System will hold to its plan to abandon its 202 miles of track in Maine despite a sudden sur
CORRECTION
JOC Staff |
A story on Page 1B Monday headlined "Hanjin Shifts Pendulum Service," should have included Japan as
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
AMERICAN INTERNATIONAL POSTS RISE IN PROFITNEW YORK - Fourth-quarter net income rose
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/25 2/24 Change % Change: 2/1
UNIFIED EC UNSNARLS BORDER TRAFFIC
Miriam Widman |
Andre Degiron is remarkably enthusiastic for a customs control director who has seen his business fa
SAVANNAH EXPECTS US-SOUTH AFRICAN TRADE TO FLOURISH
Craig Dunlap |
Savannah, Ga., the dominant port in the trade between the U.S. Southeast and South Africa, anticipat
Maritime
CAROLINA FREIGHT'S CHOICE OF LEADER GETS GOOD MARKS
Dane Hamilton |
Wall Street analysts Thursday gave generally favorable reviews to Carolina Freight Corp.'s decision
MAPCO TO RESTRICT PROPANE LIFTINGS TO ENSURE AVAILABILITY AS DEMAND RISES
Keith Sawyer |
Mapco Inc.'s pipeline division said Thursday it will restrict propane liftings at its terminals in t
JAPAN AIRLINES PLANS TO SLASH FREIGHTER SERVICE FROM US
William Armbruster |
Japan Airlines plans to cut its freighter capacity to Japan from New York and Chicago by 36 percent
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 25, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
KC AIR STUDY PUSHES FOREIGN CARGO SERVICE
Journal of Commerce Staff |
Kansas City International Airport's latest study into air cargo potential again underscores the city
JAPANESE EXPECTED TO JOIN GLOBEX FUTURES SYSTEM IN EARLY MARCH
(Reuter) |
Participants in Japan are expected to start using Globex, the after-hours electronic futures and opt
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
US DOLLAR MOVES LITTLE TRADERS AWAIT GDP REPORT
Knight-Ridder Financial |
The U.S dollar fluctuated in a narrow range Thursday as the market awaited today's release of the U.
ICE-JAMMED CHANNELS IN MONTREAL COULD REOPEN TO TRAFFIC TODAY
Leo Ryan |
The Canadian Coast Guard held out a glimmer of hope that the commercial shipping could reopen today
Maritime
SEALIFT COMMAND SEEKS MILITARY RATES IN ATFI
Tim Shorrock |
The Military Sealift Command, citing a need to enforce competition in defense-related shipping contr
Maritime
CANADIAN DUTY-FREE SHOP AT ND BORDER TO DOUBLE SIZE
Knight-Ridder Newspapers |
As a small indication of expanding U.S.-Canadian trade, a duty-free shop will more than double its p
Maritime
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