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ANERA DELAYS CLOSING OF THAI FACILITIES
P.T. Bangsberg |
A patch-up deal between Thailand's shippers and steamship lines serving the North American West Coas
Maritime
BANK OF JAPAN SLASHES OFFICIAL DISCOUNT RATE
A.E. Cullison |
The Bank of Japan Thursday announced a 0.75-percentage-point drop in the official discount rate to o
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
BADGER WINS CONTRACT FOR NEW PLANT IN CHINALEXINGTON, Mass. - Badger Co., a unit of Raytheon
CONDITIONS IN HIGH-SPEED RAIL POLICY COULD DECIDE FATE OF FUTURE PROJECTS
Rip Watson |
Behind the new, unified high-speed-rail policy announced this week by Amtrak and the Association of
COMEX METAL WAREHOUSE
JOC Staff |
Feb. 4, 1993 Copper Total, 125,650. Gold Total, .1,340,264.Silver Total, .271
7 DIE AS CARGO PLANE CRASHES NEAR ATLANTA
(Reuter) |
A Lockheed Corp. cargo plane being used to test new aircraft systems crashed and burned at Dobbins A
FARMLAND FOODS TO TAKE OVER MARIAH TRANSPORT UNIT
Gregory S. Johnson |
Farmland Foods Inc. said the transportation operations of Mariah Packing Inc.' s meat packing plant
DOW TRANSPORT INDEX SURGES TO A RECORD
Knight-Ridder Financial |
The Dow Transportation Index closed up 13.70 points at 1542.48 on Wednesday, its highest close since
RUSSIAN SEABORNE OIL EXPORTS DROPPED IN JANUARY, IEA SAYS
Brian Childs |
Russian oil exports by sea fell sharply in January following an unexpected surge in December, the In
SHIP SALE REPORT ACTUAL VESSEL SALE EVALUATIONS
Shipping Intelligence Inc. and Knight-Ridder Transportation |
Sale Time Date Vessel Year Price CharterReported Vess
Maritime
TRADE BRIEFS
Wire and Staff Reports |
TURKEY TO REOPEN EMBASSY IN BAGHDADANKARA, Turkey - Turkey plans to base a diplomat in Baghd
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Feb. 4, 1993Prev. Life of Contr. OpenOpen High Low
US FOCUSING ON NEW OPTIONS TO REVIVE GRAIN SALES TO RUSSIA
Doug Palmer |
The United States appears to be narrowing its focus on how to revive stalled grain sales to Russia,
OPEC CRUDE OUTPUT INCREASED IN JANUARY
(Reuter) |
Crude oil output by the Organization of Petroleum Exporting Countries inched up 50,000 barrels in Ja
LLOYD'S NAMES' LOSSES MAY TOP $1.4 BILLION
William Pitt |
Losses suffered by 2,600 "Names" - the private individuals who back underwriting at the Lloyd's of L
SURPRISE GERMAN RATE CUT SPURS ONLY SLIGHT DOLLAR GAIN
Peter M. Tirschwell |
The German central bank took the world financial community by surprise Thursday and cut its key inte
CZECHS, SLOVAKS DRAFT PACT ON COMMERCIAL PAYMENTS
Milan Ruzicka |
The Czech and Slovak governments early Thursday worked out a commercial payment treaty aimed at prev
JUDGE DROPS CHARGES AGAINST WALTER BROWNE
Bruce H. Vail |
A federal judge dismissed mail fraud and tax charges Tuesday against Walter Browne, a former Port Ev
Maritime
ENVIRONMENTALISTS HIT SLOW PACE OF OIL-SPILL MEASURES
William Dibenedetto |
Environmental groups Thursday chastised the U.S. Coast Guard for its slowness to implement provision
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
UNITED DECISION FURTHER SOURS TIES BETWEEN US, JAPAN
William Armbruster |
U.S.-Japan relations took another step backwards this week when the Clinton administration sided wit
TWO MASSACHUSETTS UTILITIES URGED TO CONSIDER MERGERS
Kimberly Blanton |
In an unusually aggressive tactic, the state wants two utilities, Cambridge Electric Light Co. and C
TANKER, BULK CARRIER VALUES SINK
Sydney P. Levine |
Perhaps the most noteworthy aspect of the ship resale market during 1992 was the steep decline in bo
Maritime
COST OF CREDIT
JOC Staff |
Thursday, Feb. 4, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CLINTON FACES TEST ON VOW TO BALANCE JOBS, ECOLOGY
(Reuter) |
President Clinton's promised forest summit, aimed at ending a pitched battle over logging in the anc
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 4, 1993 Prevailing sellers' posted prices at the close of business, representi
INSURANCE EARNINGS
Wire and Staff Reports |
USF&G RECORDS PROFIT OF $13 MILLIONBALTIMORE - United States Fidelity & Guaranty Cor
JAPAN USURPING US ECONOMIC DOMINANCE IN E. ASIA
(Reuter) |
Japan is quietly usurping the United States as the dominant economic force in east Asia, the fastest
Maritime
PAPER SAYS UK READY TO HIKE RATES
(Reuter) |
Britain is ready to raise interest rates to prevent a new economic crisis over the plunge in sterlin
MICROSOFT WINS VICTORY ON AD LIABILITY CASE
Brigitte Maxey |
A battle between insurance companies and manufacturers over when an advertising liability policy is
US, INDIA FIRMS NEGOTIATING DEALS IN MANY AREAS, BUSINESSMAN SAYS
N. Vasuki Rao |
American business representatives are negotiating agreements with Indian firms in a number of sector
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
2 DEAD AS GREEK SHIP SINKS OFF SRI LANKACOLOMBO, Sri Lanka - Two crewmembers died when the G
Maritime
UK, SHIP GROUPS SEEK TANKER CONTROL PLAN
Keith M. Rockwell |
The British government and shipping organizations agreed Thursday that the industry should develop a
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Feb. 4, 1993Bid AskedCopper_G
TEAMSTERS LEADERS VOTE TO TAKE 2-TIERED WAGE SCALE TO MEMBERS
Dane Hamilton |
At the urging of International Brotherhood of Teamsters President Ron Carey, the leaders of 30 Teams
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
EXPORT ABCS - HENRY A. SAMUEL EXPORT MANUFACTURING INVESTORS FACE A MULTITUDE OF RISKS
Henry A. Samuel |
Foreign investors face greater risk overseas than exporters. While the exporter contends wit
Maritime
US PRODUCERS CHARGE CANADIANS WITH RE-ROUTING BEER TO EVADE DUTY
John Maggs |
Canadian brewers are evading punitive U.S. import duties imposed on beer from Ontario by re-routing
GASOLINE PRICES
JOC Staff |
Feb. 4, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
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