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US SHIPYARDS, WATER QUALITY ARE PRIORITIES, STUDDS SAYS
Journal of Commerce Staff |
Rep. Gerry E. Studds, D-Mass., said his priorities as chairman of the House Merchant Marine and Fish
Maritime
ENGELHARD WILL PRODUCE CONVERTERS FOR CUMMINS
Dane Hamilton |
In a move to greener technology, Engelhard Corp. said it has signed a contract to produce about 100,
SHIPPERS ASK ICC TO SUSPEND GENERAL TRUCK RATE HIKES
Stephanie Nall |
Two shipper conferences have asked the Interstate Commerce Commission to suspend and investigate gen
CHEMICAL BRIEFS
Wire and Staff Reports |
US BUTADIENE LEVEL DROPPED IN DECEMBERU.S. inventory of butadiene totaled 210 million pounds
FDA SETS FINAL RULES TO SPEED NEW DRUGS FOR SERIOUS DISEASES
(Reuter) |
The Food and Drug Administration announced final rules this week that will speed the approval of pro
3 STATES FIGHT SEA BROOK PLANT TAX
(Reuter) |
Connecticut, Massachusetts and Rhode Island urged the U.S. Supreme Court to strike down a New Hampsh
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 9, 1992Brent Crude Oil - (Dollars Per Barrel)_
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 9, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
ENERGY BRIEFS
From Wire and Staff Reports |
VEBA PLANS EXPANSION IN EUROPEAN OIL SECTORVeba AG, the giant German industrial company, wil
LATINS HOPE TO BEAT PENALTIES BY PRIVATIZING STEEL INDUSTRY
Doug Harper |
Faced with charges of "dumping" and unfairly subsidizing its steel industry, Latin America is privat
FRANKLIN WILL PRESS CHINA ON EXPORT CONTROL POLICY
Journal of Commerce Staff |
The Bush administration will press China to work more closely with the United States on export contr
Maritime
TEXTILE NEGOTIATORS EXTEND AGREEMENT FOR ONE YEAR
John Zarocostas |
Negotiators from more than 40 nations Wednesday unanimously voted to extend for a further year the a
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
LEGISLATURE REJECTS YELTSIN CANDIDATEMOSCOW - Russia's supreme legislature rejected
Maritime
NEPTUNE STAKES CLAIM IN INDIAN SHIP AGENCY
Journal of Commerce Staff |
The improving investment climate in India has attracted Neptune Orient Lines Ltd. to establish an eq
Maritime
TRANSPORT CALENDAR
JOC Staff |
Traffic Club of Newark. December meeting and annual Christmas family dinner, Dec. 11. FountainRestau
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
UPS EARNINGS FELL IN THIRD QUARTER AS DELIVERY VOLUMES INCREASED SLIGHTLY
Mark B. Solomon |
United Parcel Service, pressured by tough competition and a soft economy, posted lower third-quarter
CHEAPER CHINESE STEEL ROLLS INTO GLOBAL MARKETS
P.T. Bangsberg |
First, it was Japan. Then came South Korea and Taiwan to plague U.S. steelmakers. And now China?
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 9, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EGYPTIANS' SWEET TOOTH GIVES OFFICIALS INDIGESTION
Jennifer Wiens |
Egyptians love sugar at the rate of more than 25 kilograms (more than 30 pounds) per person per year
MITSUBISHI JOINS RUSSIAN OIL PROJECT
Knight-Ridder Financial |
Japan's Mitsubishi Corp. has agreed to become the fifth member of a consortium that is performing a
US AND TAIWAN COMPLETE COPYRIGHT TALKS WITHOUT ACCORD
(Reuter) |
Taiwan and the United States ended five days of trade talks Wednesday without reaching agreement on
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
FRENCH EXPORTERS WANT A "301' LAW TO DEAL WITH UNFAIR TRADE PRACTICES
Tara Patel |
French exporters are pressing the European Community to develop a more forceful means of dealing wit
Maritime
FAST SEALIFT, PRE-POSITIONED SHIPS SUPPLYING US MARINES IN SOMALIA
WILLIAM DiBENEDETTO |
Seven Navy-operated ships are hauling military equipment and supplies for U.S. marines in Somalia, i
Maritime
FUEL CAP POLICY SEEN BUDGET TOOL
Journal of Commerce Staff |
The insurance policy announced this week by American International Group is designed to be a "simple
SALES OF HEAVY TRUCKS CONTINUE 2-DIGIT GROWTH
Michael S. Lelyveld |
Sales of heavy trucks posted hefty gains in November, extending the industry's recoveryfrom recessio
TRANSPORT BRIEFS
From Wire and Staff Reports |
MINETA PICKED TO HEAD PUBLIC WORKS PANELWASHINGTON - Rep. Norman Y. Mineta of Califo
WORLD'S OLDEST COPPER MINE TO CLOSE
(Reuter) |
The last explosive charge to loosen ore was detonated here Tuesday at the world's oldest copper mine
RALLY IN PALLADIUM FUTURES SEEN CONTINUING AS OUTPUT FALLS
Roberta C. Yafie |
Palladium prices are expected to rise as the Commonwealth of Independent States continues to curtail
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 9, 1992 Quotations are based on prices reported in the market or obtained
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 201.81 off 1.23 which compares
COMEX METAL WAREHOUSE
JOC Staff |
Dec. 9, 1992 Copper Total, 75,811. Gold Total, .1,513,359.Silver Total, .282,
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
TRADING WITH HONG KONG EXPORTERS STILL CONSIDER HONG KONG KEY TO CHINA
Kenneth Wolf |
Some exporters are pointing to the 12 percent drop in Hong Kong's stock market last week as a sign o
Maritime
EC NATIONS TO IMPOSE STRICTER SPILL RULES AEGEAN SEA CRASH PROMPTS ACTION
Janet Porter |
European Community countries are responding rapidly to last week's oil spill disaster involving the
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
OVERSUPPLY OF LARGE BOXSHIPS MAY DEPRESS TRAMP CHARTER RATES
Allen S. Roberts |
Tramp containerships face a rapid decline in their daily charter rates early next year,a leading box
Maritime
LA. SEEKS GLOBAL REINSURER FOR AUTO POLICIES
Janet Plume |
Louisiana Insurance Commissioner Jim Brown is looking for an international reinsurer to provide cove
NOVEMBER RAIL TRAFFIC GETS BOOST FROM GRAIN DELAY AND CAR TRADE
Lawrence H. Kaufman |
A late grain harvest and continued strong automotive traffic helped railroads to a 1.6 percent carlo
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