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CLINTON BACKS BUSH POLICY ON FOREIGN AFFAIRS
Knight-Rider Financial |
President-elect Bill Clinton Wednesday said he would support U.S. foreign policy under President Geo
CHEMICAL BRIEFS
Wire and Staff Reports |
MOBIL CHEMICAL PLANS TWO PIPELINES IN TEXASMobil Chemical Co. plans to build two pipelines -
VA. SHIPBUILDER LANDS NAVY CONTRACT
Newport News Daily Press |
Newport News Shipbuilding has won a $400,000 contract for engineering and design work to convert com
Maritime
TRANSPORT CALENDAR
JOC Staff |
The Era of the Mega Carrier, airline industry conference, Nov. 5-6. Madison Hotel, Washington.Contac
FED APPROVES RULE GOVERNING FOREIGN BANKS
(Reuter) |
The Federal Reserve Board approved a final rule Wednesday requiring foreign banks to have strong dom
JAPAN SEEN SET TO RESUME ASSISTANCE TO VIETNAM
(Reuter) |
Japan is to resume official development assistance to Vietnam this year after a 14-year suspension,
BALTIC FREIGHT INDEX
JOC Staff |
1119 (Nov. 4, 1992) Previous day - 1114 The Baltic International Freight Futures Market in L
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CITICORP'S NET STRONG IN DEVELOPING NATIONSCiticorp's profits have become increasingly depen
Maritime
TANKER OPERATOR URGES CONCESSIONS FOR "GREEN' SHIPS
Janet Porter |
A prominent U.S. tanker operator is urging maritime authorities and marine insurers to offer financi
Maritime
SINGAPORE RELAXES RULES TO LURE SHIPPING AGENCIES
Mark Magnier |
The Singapore government said it plans to ease equity requirements on shipping agencies in an effort
Maritime
RUSSIAN ENVIRONMENTALISTS OPPOSE CONOCO DEAL IN WESTERN SIBERIA
Anne Pearson |
A Russian environmental group is expected to return to arbitration court next week to argue that Con
PIPELINE BREAK SLOWS TRUNKLINE GAS FLOW
Knight-Ridder Financial |
Trunkline Gas Co. said a total of 700 million cubic feet a day of natural gas has been affected by a
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 201.50 up 0.17 which compares w
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago11/4 11/3 Change % Change: 10/9
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Nov. 4, 1992Bid AskedCopper_G
INSURANCE BRIEFS
Wire and Staff Reports |
BEST LOWERS RATING FOR PRUDENTIAL UNITOLDWICK, N.J. - A.M. Best Company lowered Prudential P
P&I CLUBS FACE TOUGH TALKS ON UK REINSURANCE RENEWAL
Janet Porter |
The mutual insurance groups that provide liability coverage for shipowners face "a very difficult re
$6 MILLION PORT BOND PROPOSAL "SOUNDLY DEFEATED' IN MAINE
Journal of Commerce Staff |
Maine voters Tuesday rejected a $6 million bond issue that would have funneled port development mone
CANADA NICKEL PRODUCER TO CUT OUTPUT
Journal of Commerce Staff |
Nickel producer Falconbridge Ltd. intends to reduce planned production by 10 percent, the company sa
BILL TO BAR PLUTONIUM SHIPMENT FROM CHILEAN WATERS ADVANCES
(Reuter) |
Chile's lower house of Congress Tuesday unanimously approved a draft bill aimed at stopping a pluton
Maritime
CHINA'S GATT BID, FREEING OF PRICES CLOUD OUTLOOK FOR COPPER IMPORTS
Deena Beasley |
The outlook for key Chinese copper imports is being clouded by the freeing of domestic prices and th
COST OF CREDIT
JOC Staff |
Wednesday, Nov. 3, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
JAPANESE TRADE SURPLUS CONTINUES TO SURGE, REACHING $12.05 BILLION
(Reuter) |
Japan announced another hefty increase in its trade surplus Wednesday, a stiff reminder of one of th
DOLLAR RALLIES TO A 4-MONTH HIGH DESPITE FEAR THAT IT'S OVERVALUED
Knight-Ridder Financial |
The U.S. dollar, in the first day of trading after the election of Bill Clinton to the presidency, r
THE ECONOMY
JOC Staff |
FACTORY ORDERS Percent change Sept.Durable goods -0.1%Non-du
DESPITE NEW FIGHTING, US INVESTORS WON'T ABANDON ANGOLA
Paula L. Green |
Many U.S. companies remain optimistic about Angola's investment potential despite the rapid resurgen
Maritime
GAMBLING FEVER SWEEPS THE SOUTH AS DOCKSIDE CASINOS MULTIPLY
Jeff Kunerth |
On the first deck of The President Casino, somebody's grandmother is stuffing her children's inherit
Maritime
CANAVERAL TRADE ZONE FOCUSES ON SPACE NICHE
Craig Dunlap |
Annual duty savings of tens of millions of dollars are helping to keep Florida's commercial space in
Maritime
RUSSIA SEES SLOWING OF DECLINE IN OUTPUT
(Reuter) |
The sharp drop in Russia's industrial production should slow next year, and the monthly inflation ra
Maritime
TRADE BRIEFS
Wire and Staff Reports |
GERMANY'S MAN TO CUT 4,500 JOBS WORLDWIDE FRANKFURT, Germany - MAN AG, the German mechanica
Maritime
SAUDI PRICE HIKE IN CRUDE FOR EUROPE SEEN CONNECTED TO A TIGHT MARKET
Jackie Cowhig |
The hike in December crude oil price formulas to European customers by Saudi state oil company Aramc
ENERGY BRIEFS
From Wire and Staff Reports |
WILLIAMSON WINS SEAT ON TEXAS AGENCYHOUSTON - Republican candidate Barry Williamson
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Nov. 4, 1992 Prevailing sellers' posted prices at the close of business, represent
CUBA DOWNPLAYS CLINTON'S VICTORY, REMAINS BEARISH ON CLOSER US TIES
(Reuter) |
A senior Cuban official said Wednesday that Bill Clinton's victory in the U.S. presidential election
NEW GOVERNMENT EXPECTED TO SELL PUERTO RICAN LINE
Allen S. Roberts |
Puerto Rico's new government will move quickly to sell off the island's money- losing containership
Maritime
JOURNAL OF COMMERCE - FAST FACTS TOP US CONTAINERPORTS
JOC Staff |
No text.
ARROW AIR TO LAUNCH NC-PUERTO RICO SERVICE
Knight-Ridder Newspapers |
A Miami air cargo company plans to begin flying next week from here to Puerto Rico, business that Ch
TRANSPORT BRIEFS
From Wire and Staff Reports |
KEY ROAD JOB CLEARED FOR PORT OF OAKLANDOAKLAND, Calif. - A California court has cle
BOEING CAUGHT IN CROSS-FIRE AS TRADE TALKS LIMP ALONG UK PRESSURES US ON BA-USAIR DEAL
Seattle Times |
Boeing Co. increasingly is being used as a bargaining chip in international politics. First it was C
MARCOS AGREES TO TRANSFER FUNDS FROM SWISS BANKS TO PHILIPPINES
(Reuter) |
Lawyers for the Philippine government and Imelda Marcos agreed Wednesday to ask Swiss banks to trans
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