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MARITIME BRIEFS
Wire and Staff Reports |
LLOYD'S TO CLASSIFY 'GREEN' REEFER SHIPSLloyd's Register will class the first of a new gener
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 5, 1993Brent Crude Oil - (Dollars Per Barrel)_
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Jan. 5, 1993Prev. Life of Contr. OpenOpen High Low
PUBLISHER'S NOTEBOOK
Don C. Becker |
Reading a good book by a roaring fire while a blizzard pelts snow against the nearby picture window
OPEC OIL PRODUCTION INCREASED IN DECEMBER
Jackie Cowhig |
Oil production from the Organization of Petroleum Exporting Countries rose 60,000 barrels a day in D
SOUR CRUDE OIL PRICES TUMBLE ON SELLING SPREE
Knight-Ridder Financial |
Prices for U.S. sour crude oil tumbled Tuesday amid a heavy selling spree by major companies into a
ENERGY BRIEFS
From Wire and Staff Reports |
VENEZUELA KEEPS ALIVE GAS PRODUCTION DEALCARACAS, Venezuela - Negotiators have managed to ke
EXXON TO CONTINUE CRUDE PRODUCTION CUTBACK
Knight-Ridder Financial |
Exxon Co. USA will keep its output of refined oil products at about 15 percent below capacity becaus
RUSSIA MOVES TOWARD REORGANIZATION OF OIL COMPANIES, ENERGY MINISTRY
Paolo Berbotto |
The Russian government is moving to set up new vertically integrated joint- stock oil companies in c
MANILA OPENS ENERGY SECTOR TO FULL FOREIGN OWNERSHIP
Knight-Ridder Financial |
In a major policy shift, the Philippine government will open energy concerns to full foreign ownersh
UTILITY SPEEDS PHASE-OUT OF OREGON NUCLEAR PLANT
(Reuter) |
The controversial Trojan nuclear power plant will be closed down permanently with the loss of severa
PORT OF QUEBEC FREEZES USER FEES FOR THIS YEAR
Journal of Commerce Staff |
The Port of Quebec on the St. Lawrence River announced it will not increase its charges for port use
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1364 (Jan. 5, 1993) Previous day - 1368 The Baltic International Freight Futures Market in L
Maritime
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Jan. 5, 1993 Prevailing sellers' posted prices at the close of business, representin
FREIGHT RATE FUTURES
JOC Staff |
Jan. 5, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
BOX SHIPPING OUTLOOK BLEAK, DREWRY SAYS
Janet Porter |
The Trans-Atlantic Agreement by 11 ship lines will have a "dramatic effect" on carriers' profitabili
OIL SPILL OCCURS AMID MARINE REINSURANCE NEGOTIATIONS
Janet Porter |
As insurers were working on key marine liability insurance contracts Tuesday, the second major oil s
MASTERS UNION ENDS IMPASSE, RE-ELECTS TOP OFFICERS
Tim Shorrock |
Members of a key maritime officers union ended nearly five years of gridlock by re-electing the top
LIBYAN AND UGANDAN PRESIDENTS TIED TO ARMS SMUGGLING CASE
Milton G. Allimadi |
Libyan President Moammar Gadhafi, Ugandan President Yoweri K. Museveni and other foreign officials c
BUSH FILLS SLOT AT ICC
Stephanie Nall |
President Bush beat the clock by temporarily filling an empty spot on the Interstate Commerce Commis
BUSH SHELVES PLAN TO AID E. EUROPEAN CLOTHIERS RETAILERS, LABOR OPPOSE PROGRAM
Michael S. Lelyveld |
The Bush administration has quietly shelved a plan benefiting East European apparel makers after enc
JOURNAL OF COMMERCE - FAST FACTS US WHEAT PRICES
JOC Staff |
No text.
BUSH WANTS TRADE DEAL BY NEXT WEEK
John Maggs |
President Bush, under cover of lowered expectations for a world trade pact, has ordered his subordin
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, Jan. 5, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CHINA HALTS CREATION OF OPEN ECONOMIC ZONES
Knight-Ridder Newspapers |
China's State Council, in a bid to prevent further economic overheating, has temporarily banned the
TRADERS DOUBT S. KOREAN WON WILL REBOUND THIS YEAR
Peter Moreira |
South Korean currency dealers say they believe the won will stabilize or depreciate against the U.S.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
EX-IM BANK TO EXPEDITE SOME LOAN GUARANTEES
Journal of Commerce Staff |
The Export-Import Bank announced a new program Tuesday to expedite its guarantees of commercial bank
STATEMENT OF SUPPORT FOR ERM LIFTS CURRENCIES AGAINST DOLLAR
Knight-Ridder Financial |
A German-French statement Tuesday in support of the embattled European exchange rate mechanism lifte
ECONOMIC INDICATOR RISES IN CANADA
Knight-Ridder Financial |
Canada's composite leading indicator in October rose 0.5 percent from September to 147.8, Statistics
SMOOTH CONFIRMATION EXPECTED FOR COMMERCE NOMINEE BROWN
John Maggs |
Today's confirmation hearing is expected to go smoothly for Ron Brown, President-elect Clinton's cho
Maritime
FINANCING TRADE - CHARLES THURSTON SMALLER, FRIENDLIER MEXICAN PESO MAKES ITS DEBUT
Charles Thurston |
It will be easier to make U.S. dollar-to-Mexican peso calculations, thanks to a new peso - N pesos,
Maritime
CONSUMER PRICES FELL IN TAIWAN FOR MONTH
Knight-Ridder Financial |
Taiwan's consumer price index was 104.47 in December, falling 0.65 percentfrom November but
ROUGH WEATHER BLOCKS OIL CLEANUP EFFORTS
Alan Abrams |
With near-hurricane weather conditions off Scotland, cleanup crews have little hope of recovering oi
JOURNAL OF COMMERCE - FAST FACTS INDEX OF EXECUTIVES' OPTIMISM IN ITALY
JOC Staff |
No text.
US FEARS RISE OF ILLEGAL ALIENS ON PACIFIC SHIPS
Kevin G. Hall |
Federal agencies fear crime syndicates are cramming hundreds of Chinese refugees into the holds of c
AFFIRMATIVE ACTION CARROT NIBBLED IN S. AFRICA FEW FIRMS RESPOND TO US INCENTIVES
Milton G. Allimadi |
A few white-owned South African companies have applied to take advantage of a U.S. program that offe
PORT OF BALTIMORE SHOWCASED IN TV DOCUMENTARY
Alice Cantwell |
The Port of Baltimore is starring in a documentary that airs next week on Maryland Public Television
Maritime
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