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TRANSPORT BRIEFS
From Wire and Staff Reports |
DOT TENTATIVELY PICKS EVERGREEN FOR AIR ROUTEWASHINGTON - The Department of Transpor
NON-GOVERNMENTAL GROUPS SLAM MOVE TO FORM TRADE BODY
John Zarocostas |
The World Wide Fund for Nature and over 60 major global non-governmental organizations Tuesday calle
Maritime
IRAQI OIL AIDE REPEATS FORECAST OF OPEC DEMISE
Leila Deeb |
Iraqi Oil Minister Ossama Abdel-Razzak al-Hiti Tuesday reiterated his conviction that the Organizati
COMMODITY BRIEFS
Wire and Staff Reports |
COCOA FUTURES PLUNGE TO FIVE-MONTH LOWNEW YORK - Cocoa futures plunged in a technica
GRACE CHAIRMAN TO RETIRE IN JANUARY
(Reuter) |
J. Peter Grace, who has run conglomerate W.R. Grace & Co. for nearly half a century, is undergoing c
SPOT PRODUCT PRICES
JOC Staff |
Dec. 8, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
ENERGY BRIEFS
From Wire and Staff Reports |
END ASKED TO US BAN ON ALASKA OIL EXPORTSAlaska Gov. Walter Hickel asked President Bush on T
PUBLISHER'S NOTEBOOK
Don C. Becker |
Stowaways can be an expensive problem for ship operators. If a stowaway is found on a ship e
Maritime
NAIC MAKES SLOW PROGRESS ON INNER-CITY AVAILABILITY
Craig Dunlap |
A task force of the National Association of Insurance Commissioners is still making slow progress in
MEXICO CUSTOMS OFFICIALS TARGETS OF INS PROBE
Kevin G. Hall |
The U.S. Immigration and Naturalization Service is investigating allegations that 14 Mexican customs
$100 MILLION SHOWDOWN LOOMS INVOLVING TRUCK UNDERCHARGES
Stephanie Nall |
Friday could bring a $100 million showdown for a few dozen companies facing undercharge claims by th
CALTEX EXPECTS TO FINALIZE TERMS ON THAI REFINERY LOANS BY FEBRUARY
Mark Timm |
Caltex Petroleum Corp. expects to finalize terms by February on $1.3 billion of loans for its $1.85
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 8, 1992 Quotations are based on prices reported in the market or obtained from su
ENERGY SECTOR'S DEBT AT RECORD LEVEL IN '92
Knight-Ridder Financial |
Lower interest rates and demand for capital generated an unprecedented level of debt in the energy i
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
IMPORTERS SAID TO SHUN PORT OF BOSTON ENFORCEMENT, FDA BLAMED
Michael S. Lelyveld |
Unfair enforcement, meticulous inspections and even retribution by inspectors of the Food and Drug A
Maritime
PEOPLE - COMMODITIES
Wire and Staff Reports |
METALLGESELLSCHAFT ORE AND CHEMICAL CO. (New York ) - Joseph E. Robertson Jr. was named president an
GRAIN GROUP SUGGESTS MARKET-DRIVEN APPROACH
Marc Weinstein |
U.S. agriculture must take a market-driven approach rather than relying on government programs to be
THREE BIG INSURERS HIT HEALTH ASSOCIATION PLAN
Paul Dykewicz |
Three major insurance companies favor a health insurance reform plan closer to the one advocated by
INSURERS URGED TO SPEAK UP ON RISK-BASED FORMULA
Journal of Commerce Staff |
Basing capital standards on investment risks may provide insurance regulators with a reasonable tool
MARITIME BRIEFS
From Wire and Staff Reports |
NAVY AWARDS LITTON SHIPBUILDING CONTRACTBEVERLY HILLS, Calif. - The U.S. Navy has awarded Li
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
DOLLAR LANGUISHES AFTER STEEP FALL MONDAY AGAINST EUROPEAN CURRENCIES
Knight-Ridder Financial |
The U.S. dollar languished at lower levels Tuesday, neither gaining nor loosing ground after Monday'
WEST JAPAN RAILWAY UNION STRIKES
Knight-Ridder Financial |
A West Japan Railway Co. union has launched a 96-hour strike, inconveniencing almost 600,000 commute
DORLAND QUITS ABX AIR INC.
Journal of Commerce Staff |
Graham E. Dorland, chairman and president of ABX Air Inc., the airline subsidiary of Airborne Expres
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA Livestock, Industrial and Commercial Fair. Dec. 4-13. Queretaro, Mexico. Conta
Maritime
TRADE BRIEFS
Wire and Staff Reports |
YELTSIN PROPOSES GAIDAR FOR PRIME MINISTERPresident Boris Yeltsin Tuesday proposed Yegor Gai
Maritime
BELGIAN INDUSTRY HITS "GREEN' TAX
(Reuter) |
The Belgian chemical industry is gearing up for a showdown with the government over a "green" tax af
CHEMICAL BRIEFS
Wire and Staff Reports |
WITCO TO TAKE CHARGE AGAINST EARNINGSWitco Corp. will take a one-time after-tax charge again
CHINESE EXPECT EXPORTS OF OIL TO KEEP FALLING AS IMPORTS CLIMB
P.T. Bangsberg |
China's oil exports will continue to decrease while imports rise, a senior executive said Tuesday.
OPEC BASKET PRICE FALLS TO $18.17
Knight-Ridder Financial |
The price of the Organization of Petroleum Exporting Countries' basket of seven crudes edged down to
RUSSIAN NICKEL PRODUCER MAY CUT OUTPUT 10 PERCENT
Simon Clow |
Russia's largest nickel producer, Norilsk Nickel, has taken a provisional decision to cut its 1993 p
RELAXATION OF MINING LAWS IN MEXICO ATTRACTS INVESTMENT
Howard Simon |
Mexico's new mining laws are encouraging new foreign investment. While some big U.S. players
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 203.04 up0.96 which comp
JAPAN ACTIVISTS PROTEST NUCLEAR WASTE DUMP
(Reuter) |
Japan's first dump for low-level radioactive waste opened Tuesday, taking in a first batch as anti-n
SKILLED CREWS CALLED KEY TO FUTURE PREMIUM COSTS
Janet Porter |
Shipowners with high-quality crews may soon start benefitting from preferential insurance premiums,
Maritime
SPECIAL SESSION TO ADDRESS FLA. GUARANTY FUND PROBLEM
Brigitte Maxey |
Florida regulators have high hopes for the outcome of today'sspecial session of the state Legislatur
TRADE BRIEFS
Wire and Staff Reports |
IRELAND WILL OPPOSE US-EC TRADE ACCORDDUBLIN, Ireland - The Irish agriculture minister said
Maritime
AT&T TARGETS SMALL EXPORTERS FOR FAX BUSINESS
Journal of Commerce Staff |
AT&T is targeting small and mid-sized importers and exporters as a high growth market for the 1990s.
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1342 (Dec. 7, 1992) Previous day - 1337 The Baltic International Freight Futures Market in L
Maritime
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