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TANKER OWNERS RAPPED FOR SELLING OLDER SHIPS
Janet Porter |
A prominent U.K. shipbroking firm has accused tanker owners of weakening the market by selling older
Maritime
OPEN-SKIES FLAP GROUNDS BA BID FOR USAIR STAKE
Mark B. Solomon |
British Airways withdrew its $750 million offer for a 44 percent equity stake in USAir Group Tuesday
US-MEXICAN TRADE AGREEMENT WILL CUT ROLE OF BORDER TRUCK HUB
Kevin G. Hall |
When the North American free-trade agreement was signed Dec. 17, the clock started ticking for a Tex
JOURNAL OF COMMERCE - FAST FACTS AVERAGE ADJUSTED TRUCK TONNAGE INDEX
JOC Staff |
No text.
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
MALAYSIA WILL SIGN TAIWAN PACT ON INVESTMENT
(Reuter) |
Malaysia will sign an investment-guarantee pact with Taiwan to boost bilateral investments, accordin
Maritime
BRITAIN SAYS MINES TO STAY CLOSED DESPITE COURT RULING
(Reuter) |
The British government said Tuesday it would not reopen 10 coal mines despite a court ruling that it
GRACE FINDS BUYERS FOR 2 DIVISIONS
Knight-Ridder Newspapers |
Five months after it took Grace Energy Corp. private and outlined its plans to sell the firm, W.R. G
COMMODITY BRIEFS
From Wire and Staff Reports |
GHANA'S GOLD OUTPUT NEARS 1 MILLION OUNCESACCRA, Ghana - Ghana's gold production for
PEOPLE - COMMODITIES
From Wire and Staff Reports |
NEWMONT MINING CORP. (Denver) - Gary E. Farmar was elected vice president and controller of the meta
COFFEE PRICES TURN UP COCOA DROPS SHARPLY
From Wire and Staff Reports |
Coffee prices rose Tuesday afternoon following a brief encounter with profit- taking while cocoa, re
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 22, 1992 Quotations are based on prices reported in the market or obtained
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
CALIF. TO LET COMPANIES ARRANGE OWN INTERSTATE GAS TRANSPORT
Allen R. Wastler |
California, continuing its efforts to deregulate the natural gas industry, is going to let large com
TRESPASSERS POSE POTENTIAL, COSTLY PROBLEMS FOR RAILROADS
Kevin G. Hall |
When 8-year-old Derek Thompson lost a leg while crossing a railroad track in Chicago back in1987, th
CHINA OPENS SECOND STAGE OF "ENERGY LIFELINE' COAL PROJECT
P.T. Bangsberg |
The second phase of what China calls its "energy lifeline" went into limited operation, a project in
COST OF CREDIT
JOC Staff |
Tuesday, Dec. 22, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GASOLINE PRICES
JOC Staff |
Dec. 22, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
EC FOREIGN AFFAIRS DUTIES SPLIT UNDER NEW COMMISSION
From Wire Reports |
The European Community Tuesday named a new European Commission that splits the foreign affairs job i
Maritime
GATT NEGOTIATORS SKEPTICAL OF JANUARY DEADLINE
John Zarocostas |
Chief negotiators from 20 key trading nations were skeptical Tuesday that the Uruguay Round trade li
Maritime
CHINA DETAILS PLANNED TARIFF CUTS ON RAW MATERIALS, HIGH TECHNOLOGY
P.T. Bangsberg |
First details emerged Monday of the tariff cuts China will implement Dec. 31. They come in p
Maritime
FEDERAL INVESTIGATION FINDS SYSTEMIC INSURANCE FRAUD
(Reuter) |
An investigation of insurance claims has found systemic fraud that costs companies and consumers mil
HEAVY SPENDING EXPECTED FOR NEW SHIPS IN NORWAY
Janet Porter |
Norwegian shipowners are expected to spend around $30 billion on new ships over the coming decade. T
Maritime
JACOBS TO BUILD CHEVRON UNIT
JOC Staff |
Jacobs Engineering Group Inc. has won a contract from Chevron USA to engineer and construct a multim
COAL SHIFT BY MO. UTILITY TO BENEFIT WESTERN RAILS
John Boyd |
Missouri Public Service, an electrical utility that serves Kansas City and other partsof western Mis
LITTLE CHANCE SEEN FOR ANY CHANGES TO POLLUTION ACT
WILLIAM DiBENEDETTO |
Congress probably won't try to change a 1990 oil pollution law's provisions on financial responsibil
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
TOY SHIPPERS DASH TO MEET DEMANDS OF LAST-MINUTE CHRISTMAS ORDERS
Gregory S. Johnson |
If you listen to the harried souls in the shipping departments of toy companies, nervously counting
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Dec. 22, 1992Prev. Life of Contr. OpenOpen Hi
JAPAN OIL PRODUCT PRICING HINDERS GROWTH OF COMMODITY DERIVATIVES
Lisa Twaronite |
At least one Japanese oil company has been using commodity derivatives to hedge its overseas refiner
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of Dec. 19, 1992* Country Category Description
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
VIETNAM RESUMES TIES WITH SOUTH KOREAHANOI, Vietnam - Communist Vietnam and staunchly capita
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday Dec. 22, 1992 Prevailing sellers' posted prices at the close of business, representi
MINORITIES, MIDDLE CLASS HARDEST HIT BY LOSS OF HEALTH COVER, REPORT SAYS
(Reuter) |
Nearly a third of Americans lacked private health insurance in 1991, and blacks, Hispanics and the m
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago12/22 12/21 Change % Change: 11/
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Dec. 22, 1992Bid AskedCopper_
BALTIC FREIGHT INDEX
JOC Staff |
1378 (Dec. 22, 1992) Previous day - 1375 The Baltic International Freight Futures Market in
Maritime
CHARLES F. DAVIS, 76, VETERAN REPORTER, DIES
William Armbruster |
Charles F. Davis, who worked nearly 40 years as a reporter for The Journal of Commerce, died of natu
Maritime
FOG FAILS TO FOIL FORWARDERS, CARRIERS AT MEXICO CITY AIRPORT
Gregory S. Johnson |
Despite dense fog that socked Mexico City International Airport and forced a daylight hour closing f
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