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BALTIC FREIGHT INDEX
JOC Staff |
1292 (Feb. 5, 1993) Previous day - 1274 The Baltic International Freight Futures Market in L
Maritime
HONDO SUBSIDIARY FILES PLANS FOR ALASKA PIPELINE SYSTEM
JOC Staff |
Hondo Oil & Gas Co. reported that its wholly owned subsidiary, Mackenzie Porcupine Pipeline Co., has
GERMAN UNEMPLOYMENT INCREASED IN JANUARY
Knight-Ridder Financial |
Western German unemployment rose to 2.258 million people in January from2.026 million in Dec
INDIANA SUSPENDS 825 AGENTS FOR FAILING TO TAKE COURSES
From Wire Reports |
Indiana's Department of Insurance has suspended about 825 insurance agents in the state for failing
COFFEE PRODUCERS: CONSUMER NATIONS LACK POLITICAL WILL
Knight-Ridder Financial |
Major coffee consumer countries are no longer showing the political will to reach an understanding a
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Feb. 5, 1993Bid AskedCopper_G
BRAZIL SOYBEAN CRUSH EXPECTED TO RISE 5.5 PERCENT
Knight-Ridder Financial |
Trade estimates said Brazil's 1992 soybean crush will rise 5.5 percent from a year earlier to 14 mil
SPILL-RESPONSE TEAM HITS GOVERNMENT DELAYS
(Reuter) |
Federal and state officials have come under harsh criticism for failing to provide greater help in d
Maritime
CHEMICAL EARNINGS
From Wire and Staff Reports |
OWENS-CORNING SAYS EARNINGS, SALES STRONGTOLEDO, Ohio - Owens-Corning Fiberglas Corp
WORLD BANK DELAYS LOAN TO CAMBODIA, PAPER SAYS
Knight-Ridder Financial |
A $75 million World Bank loan to Cambodia has fallen through as the country's political situation ha
THAI OLEFINS TAPS COMPANY TO SUPPLY, RUN UTILITIES PLANT
Knight-Ridder Financial |
Thai Olefins Co. has awarded a 750 million baht (US$29.3 million) contract to Thai Co-Generation Co.
DEBUSK EXPECTED TO GET TRADE POST
JOC Staff |
Amanda Debusk, a Washington lawyer for the Los Angeles firm O'Melveney & Myers, is expected to be na
WORLD BANK: EAST ASIAN NATIONS SHOULD SHUN REGIONAL TRADE BLOC
Journal of Commerce Staff |
The World Bank warned East Asian nations against forming a regional trade bloc to counter the trade
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
MEXICO VOWS PROTECTION AGAINST US STEEL TARIFFSMexico vowed to protect its steel producers a
Maritime
INSIDE TALK - ALLEN WASTLER ARE LATINOS BYPASSED AT PORT OF OAKLAND AS BLACKS ADVANCE?
Allen Wastler |
It's one of those things people in authority don't like to talk about. They squirm a little - and se
Maritime
HARMON INDUSTRIES DRAWS PRAISE AS FOURTH-QUARTER PROFIT SOARS
John Boyd |
In a report on fourth-quarter 1992 earnings that won praise from financial analysts, rail signaling
Transport, Trade and Regulation News
JAPAN HELD LIKELY TO LIBERALIZE WHEAT MARKET IN GATT MOVE
Knight-Ridder Financial |
Japan likely will liberalize the wheat market as a concession to ongoing multilateral GATT trade tal
Maritime
NEW TAIWAN COMMISSION WARNS 40 BIG BUSINESSES ON TRADE
(Reuter) |
The newly established Fair Trade Commission warned 40 large enterprises they could be prosecuted if
Maritime
SOUTH CAROLINA MAY REDUCE AUTO SURCHARGES FOR SOME
Knight-Ridder Newspapers |
Requests for a 9.3 percent cut in surcharges on drivers with clean records met no opposition at a re
S. CAROLINA WORKERS COMP RATES TO REMAIN UNCHANGED, GROUP SAYS
Knight-Ridder Newspapers |
Workers compensation rates will not change this year in South Carolina, according to the group that
FREIGHT RATE FUTURES
JOC Staff |
Feb. 5, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARAD BUYS FALCOLN TANKER, PLANS RESALE SOON
Bruce H. Vail |
The U.S. Maritime Administration purchased a 20-year-old tanker for $1.4 million at a judicial aucti
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
O'LEARY TO ACT QUICKLY ON ALTERNATIVE FUELS
Doug Palmer |
Energy Secretary Hazel O'Leary indicated that her department would move quickly to increase use of n
EX-HIGHWAY OFFICIAL FILES DEFAMATION SUIT IN MASS.
Michael S. Lelyveld |
Former Federal Highway Administrator Ray Barnhart has filed suit against a Massachusetts lawmaker fo
FORMOSA PLASTICS UNDER FIRE BY ENVIRONMENTALISTS
Gary Taylor |
Environmentalists want Texas to go to court to challenge the Environmental Protection Agency in the
POLISH OCEAN LINES CHARTS COURSE FOR PRIVATIZATION
Allen S. Roberts |
Polish Ocean Lines, abandoned by the ministries of Poland and beset by creditors from Belgium to New
COAST GUARD AWAITS FLOOD OF SPILL-RESPONSE PLANS
Tim Sansbury |
The Coast Guard is bracing for a last-minute deluge of oil spill responseplans from tanker o
INDUSTRIAL INVESTMENT DOWN 11 PERCENT IN FRANCE
Knight-Ridder Financial |
French industrial investment slumped by roughly 11 percent in value terms in 1992, according to a su
NEW HAMPSHIRE SEEKS TO SETTLE SEABROOK SUIT
(Reuter) |
New Hampshire is seeking to reach an out-of-court settlement with the owners of the Seabrook nuclear
CHRYSLER VENTURE WINS AIR FORCE PACT
Journal of Commerce Staff |
The U.S. Air Force awarded an AlliedSignal/Chrysler team a contract to upgrade aviation electronics
Transport, Trade and Regulation News
TRANSPORTATION / TECHNOLOGY CALENDAR
JOC Staff |
ProMat '93. International material-handling systems and technologies exposition, Feb. 8-11. McCormic
Transport, Trade and Regulation News
CLINTON APPOINTS CRAY CHIEF TO NO. 2 COMMERCE POSITION
Knight-Ridder Newspapers |
Trying to make good on his promise of a technology-friendly administration and sending a warning of
Transport, Trade and Regulation News
JAPANESE EXPECT TRADE SURPLUSES TO BE TARGET AT NEXT G-7 SUMMIT
A.E. Cullison |
Senior Japanese officials expressed concern Friday that Japan's massive annual trade surpluses, whic
WITNESSES AT CALIF. HEARING AIR NAFTA COMPLAINTS
Bob Houser |
None of 14 witnesses endorsed the North American free-trade agreement (Nafta) at a public hearing sp
Maritime
ALLIANCE, NAII FORM UNIT TO STUDY POSSIBLE MERGER
John Boyd |
Two property/casualty insurance trade associations, with headquarters a few miles apart in Chicago's
FOSS UNIT TOUTS SUCCESS OF OIL-CLEANUP SYSTEM
Journal of Commerce Staff |
A maritime cleanup company reported success with a new type of oil skimmer that can pick up thick he
Maritime
SCIENTISTS FEAR ALASKA SPILL MAY LEAVE PERMANENT DAMAGE
(Reuter) |
The 1989 Exxon Valdez disaster killed 10 times as many birds as any other oil spill and threatens pe
Maritime
KUWAIT TO SEEK OPEC NOD ON OIL OUTPUT INCREASE
(Reuter) |
Kuwait will lobby the Organization of Petroleum Exporting Countries to allow it to continue increasi
NY HEALTH DEPARTMENT TO APPEAL RULING
Journal of Commerce Staff |
A federal court decision overturning a New York state law that forced commercial insurers to pay sur
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