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HOPES TIED TO PORT EXPANSION PLAN
Journal of Commerce Staff |
This nation hopes that expansion of the Port of Galle into a major transshipment hub will put Sri La
Maritime
ANDREW SEEN SPAWNING NEW WIND PHENOMENON
Seth Borenstein |
Hurricane Andrew spawned never-before-seen 200-mile-an-hour whirlwinds that were responsible for swa
SINGAPORE SELECTS DUTCH COMPANY FOR CONTAINER TERMINAL AUTOMATION
Mark Magnier |
The Port of Singapore said Wednesday it awarded a US$720,000 contract to a Dutch company to help it
Maritime
INDUSTRIAL SALES FALL 3.2 PERCENT IN ITALY
Knight-Ridder Financial |
Italian industrial sales fell an annual 3.2 percent in October and new orders dropped an annual 1.6
TAA LINES SAY SHIPPERS RETURNING TO THE FOLD
Janet Porter |
Members of the rate-setting Trans-Atlantic Agreement are winning back customers that temporarily aba
EC CONSUMER PRICES UNCHANGED FOR MONTH
Knight-Ridder Financial |
Consumer prices in European Community were unchanged on average in Decemberfrom November and
IN STRIFE-TORN AFRICAN NATIONS, POLITICS DEFINES THE COLOR OF MONEY
(Reuter) |
Cash has taken on a political hue in African countries riven by war or political strife. In
Maritime
BRAZIL SENATE KILLS MONOPOLY OF PORT LABOR
James Bruce |
Changes in a ports modernization bill approved Tuesday night by the Brazilian Senate signal the end
Maritime
CORRECTION
JOC Staff |
The Port Everglades Association and its executive director remained neutral during a bid contest for
Maritime
LEADERSHIP TRANSITION UNDER WAY AT EVERGREEN
Allen S. Roberts |
A changing-of-the-guard has begun at the world's largest containership operator, Evergreen Group of
Maritime
DOCKERS, STEVEDORES PLAN TO MODIFY AGREEMENT ON COST-CUTTING IN HOUSTON
Craig Dunlap |
An agreement aimed at making unionized stevedoring companies in Houston more competitive with their
Maritime
SERVICE MERCHANDISE PICKS CON-WAY AS MAIN CARRIER
Journal of Commerce Staff |
Service Merchandise Co., one of the nation's largest catalog retailers, selected Con-Way Intermodal
COMMONS REPORT CRITICIZES PLAN TO PRIVATIZE BRITISH RAIL
Journal of Commerce Staff |
A report released Wednesday by a House of Commons Committee was critical of the British government's
SANTA FE PROFIT JUMPS ON SALE OF CALIF. LINES
Lawrence H Kaufman |
Santa Fe Pacific Corp. said Wednesday it had record earnings of $168.9 million, or 91 cents a share,
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
SRI LANKAN PORT SEEKS TO REACH FULL POTENTIAL IN CARGO MARKET
Mark Magnier |
Sri Lanka's prime location on the main shipping route between Europe, the Middle East and East Asia
Maritime
SENATE PANEL OKS ENERGY NOMINEE
Knight-Ridder Newspapers |
The Senate Energy and Natural Resource Committee has approved Minnesota power company executive Haze
ASIAN FUTURES
JOC Staff |
Jan. 20, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
TANKER SCRAPPINGS DURING 1992 TRIPLE THOSE FOR YEAR EARLIER
Janet Porter |
Three times more tankers and combination carriers were scrapped last year than in 1991, according to
Maritime
FIRE EXTINGUISHED IN SOME HOLDS OF GREEK BULK CARGO VESSEL
Knight-Ridder Financial |
A cargo fire in two holds of the bulk carrier Eurojoy has been put out and salvors are working to ex
BAIRD FEELS SENATE PRESSURE OVER ANTITRUST EXEMPTIONS
Paul Dykewicz |
Various Senate Democrats are pressuring Attorney General-designate Zoe Baird to support an end to li
4 CITIBANK OFFICIALS IN INDIA REPORTEDLY QUIT AFTER SCANDAL
Knight-Ridder Financial |
Four officials in Citibank's treasury division have quit for allegedly violating rules set by India'
HOUSE COMMITTEE MAY CHART STRATEGY FOR HARBOR TAX CUT
Michael S. Lelyveld |
A congressional strategy for rolling back the harbor maintenance tax this year may be determined at
Maritime
SOME AIR FREIGHT SERVICES TO SHUT TO WELCOME THE YEAR OF THE ROOSTER
William Armbruster |
Asians may be considered workaholics, but when their New Year looms, they make the most of it.
THAIS' CONSUMER PRICES ROSE 4.1 PERCENT DURING 1992
Knight-Ridder Financial |
Thailand's standard inflation measure, the consumer price index, rose 4.1 percent in 1992 from 1991,
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 20, 1993 Copper Total,114,643. Gold Total, .1,492,569.Silver Total, .276
CRUDE OIL STOCKS SOAR IN WEEK
Knight-Ridder Financial |
Crude oil stocks jumped a whopping 7.8 million barrels in the week ended Jan. 15, the American Petro
PACIFIC UTILITY CUTS FLOW OF GAS TO INDUSTRIAL USERS
Knight-Ridder Financial |
Pacific Gas & Electric has taken the "very unusual" step of curtailing its ''interruptible" natural
OIL MARKET MAY "COME TO A BOIL' WITH CLINTON IN POWER, ANALYSTS SAY
(Reuter) |
Bill Clinton's presidency may mark a period of change for world oil during which prices could take s
EC COMMISSION WINDS DOWN OPEN-MARKET WHEAT EXPORTS
Patrick Kelly |
The European Commission is reining in 1992-93 (July-June) exports of open- market subsidized wheat,
US CHEMICAL PRODUCTION TRENDS
Source: Federal Reserve System industrial production data. The |
(1991 Monthly Output = 100. Seasonally Adjusted.) Nov. Oct. Sept. Aug. July June1992 1992 19
ST. PAUL SAYS '92 BIG STORMS COST COMPANY $305 MILLION
Martin J. Moylan |
St. Paul Cos. has totaled up the damage done to it by hurricanes Andrew and Iniki, Typhoon Omar and
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Jan. 20, 1993Prev. Life of Contr. OpenOpen Hi
DOCK BLACKLIST LOOMS IN WAKE OF NY-NJ RACKETEERING CASE
Bruce Vail |
A federal judge's ruling that labor rackets had infested the New York-New Jersey waterfront in the 1
COST OF CREDIT
JOC Staff |
Wednesday, Jan. 20, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
BANK OF JAPAN'S RATE CUT WILL BE LARGE, OFFICIAL SAYS
Knight-Ridder Financial |
The chief policy maker of Japan's ruling Liberal Democratic Party said Wednesday the next cut in the
AFRICAN NATIONS PONDER TRADE ROLE
Kevin G. Hall |
Faced with economic integration in Europe, preparations for unprecedented regional trade in North Am
GERMANY TO PRESS EC FOR TOUGH TANKER RULES
Miriam Widman |
The German government will push Monday for tougher controls for tankers entering European Community
Maritime
FOUR NATIONS DUMPING STEEL PRODUCTS, US CHARGES
Knight-Ridder Financial |
France, Germany, Britain and Brazil are subsidizing certain steel products and selling them at unfai
Maritime
AIR FRANCE ESTIMATES $589 MILLION LOSS
(Reuter) |
Air France Wednesday estimated its 1992 consolidated loss at 3.2 billion francs ($589 million), in l
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