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SPOT PRODUCT PRICES
JOC Staff |
Nov. 2, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
FRANCE, ITALY TO GUARANTEE LOANS TO PLANT IN IRAN
Knight-Ridder Financial |
France and Italy's state export credit agencies will guarantee loans by French banks and Italian fir
MARKET, POLICY MAY DELAY SALE OF AUSTRALIA'S ANL, OFFICIALS SAY
Mark Magnier |
ANL Ltd., Australia's national-flag shipping company, will not be privatized before next year, and e
Maritime
HIGH COURT OVERTURNS CNA ASBESTOS RULING
Paul Dykewicz |
The Supreme Court Monday overturned a decision by the 9th Circuit U.S. Court of Appeals, which found
NC HIGH COURT TO HEAR DECEPTIVE-PRACTICES CASE
Brigitte Maxey |
A North Carolina doctor who sued insurance broker Collier Cobb & Associates for employing deceptive
AIRLINES NOW FACE LOSSES FOR 1993, IATA HEAD SAYS
Leo Ryan |
Staggered by heavy losses since 1990, the world airline industry faces further losses next year, sai
AIR CANADA, MAXXAM LEAD CONTINENTAL RACE
William Armbruster |
Teams led by Air Canada and Houston-based Maxxam Corp. emerged as the clear leaders in the bidding s
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
NAVY SHIP'S SKIPPER IS A WOMAN, A FIRST
Mark Thompson |
Darlene Iskra, a steaming mug of coffee in her hand, sits in the wardroom of the salvage ship USS Op
Maritime
SWISS EVENLY DIVIDED AHEAD OF EEA VOTE, SURVEY FINDS
(Reuter) |
Swiss voters are evenly divided on whether to join the 19-nation European Economic Area, with oppone
SOFTWARE FIRMS TAKE PIRACY FIGHT TO CHINESE FORUM
P.T. Bangsberg |
An American computer industry group seeking to stamp out piracy of software programs holds its first
Maritime
STRIKE, SEVERANCE OUTLAY CONTRIBUTE TO CP'S $165.7 MILLION LOSS IN QUARTER
Gregory S. Johnson |
Canadian Pacific Ltd., parent of CP Rail System, reported a loss of C$205.6 million (US$165.7 millio
END TO LENGTHY CONSPIRACY SUIT COULD GIVE BOOST TO TRUCK STOCKS
Stephanie Nall |
Investors never really took seriously a $1.8 billion antitrust lawsuit filed by Lifschultz Fast Frei
MARITIME BRIEFS
From Wire and Staff Reports |
NEW ATFI SOFTWARE TO BE INSTALLED BY FMCThe Federal Maritime Commission will install an upda
Maritime
NEW ITALIAN-FLAG CRUISE LINE TO ENTER THE LUXURY MARKET WITH TWO SHIPS
Alice Cantwell |
A new cruise line, Silversea Cruise Ltd., will enter the luxury market in 1994 with the delivery of
Maritime
AGENCY, PRIVATE INTERESTS PROPOSE TO REVAMP BOSTON SHIPYARD FACILITIES
TOM McNIFF Jr. |
A quasi-public Boston city agency is working with private interests on a $10 million proposal to rev
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
IROQUOIS GAS PIPELINE REACHES CAPACITYNEW YORK - The Iroquois natural gas pipeline f
OPEC'S OUTPUT IS SEEN INCREASING BY 452,000 BARRELS A DAY IN OCTOBER
Mona Megalli |
Oil output from the Organization of Petroleum Exporting Countries rose by 452,000 barrels a day to a
CRB FUTURES OUTLOOK - SUSAN BUCHANAN CRB COMMODITIES INDEX HOVERS JUST ABOVE 1986 LOWS
Susan Buchanan |
During October, the 21-market CRB Futures Index worked within the recent range just above the 1986 l
MARAD HONORS 33 FIRMS THAT USE US-FLAG SHIPS
Journal of Commerce Staff |
The Maritime Administration, the federal agency in charge of promoting the U.S. merchant marine, rec
Maritime
BUSH SIGNS BILL MANDATING SANCTIONS FOR DRIFT-NET FISHING
From Wire Reports |
President Bush signed a bill Monday mandating trade sanctions against any country fishing with drift
*SPOT COMMODITIES
JOC Staff |
Nov. 2, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
DOCKERS UNION LOSES APPEAL ON "BLACKLIST'
Tim Shorrock |
The Supreme Court Monday refused to prevent the government from banning a group of New York longshor
MULTIPLE SHIPPERS COULD SIGN DEALS ON RATE DISCOUNTS UNDER FMC PLAN
WILLIAM DiBENEDETTO |
The Federal Maritime Commission has proposed a new way for two or more unaffiliated shippers to nego
Maritime
TRADE BRIEFS
Wire and Staff Reports |
UK UNION ENDORSES BOYCOTT OF DIAMONDBritain's largest labor union endorsed an international
Maritime
HARSH CANADIAN ECONOMY FORCES IMMIGRANTS TO RETURN TO HONG KONG
(Reuter) |
The poor North American economy is forcing hundreds of Hong Kong immigrants to leave their families
LA AIRPORT FUND DIVERSION TO BE DECIDED AT THE POLLS
Kevin G. Hall |
When voters across the nation go to the polls today to elect a president and other politicians, Sout
NWA SEEKS OK TO SELL SOME ASSETS
Journal of Commerce Staff |
NWA Inc., parent of Northwest Airlines, plans to ask its banks for approval to sell some of its asse
BUSINESS TRIES TO CHANGE FRANCE'S IMAGE
(Reuter) |
Belying its image as a place of fun, food and fashion, France is also the world's fourth-largest ind
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
JITTERY BUYERS OF CHINESE TEXTILES RUSH TO PLACE ORDERS
Peter M. Tirschwell |
U.S. importers of textile and apparel, fearing that limits on imports from China will be reached ear
Maritime
PAYMENTS DEFICIT WIDENS IN SPAIN
Knight-Ridder Financial |
Spain's September current account deficit was 70 percent larger than in September 1991, and the trad
Maritime
GASOLINE PRICES
JOC Staff |
Nov. 2, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
RUSSIA TO HELP IRAN BUILD NUCLEAR PLANTS
JOC Staff |
Iran's first nuclear power plants will be built under a 15-year agreement signed with Russian and Ch
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Nov. 2, 1992Bid AskedCopper_G
FED DENIES IT WILL WEIGH FULL DISCLOSURE OF MEETINGS
Knight-Ridder Financial |
House Banking Committee Chairman Henry Gonzalez, D-Texas, said Monday the Federal Open Market Commit
HONG KONG LOSES CHINESE-BACKED REAL ESTATE DEAL
Knight-Ridder Financial |
What would have been Hong Kong's second largest real estate deal of 1992 fell apart over the weekend
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 2, 1992Brent Crude Oil - (Dollars Per Barrel)_
TEXACO RESTARTING CRUDE UNIT IN CALIF.
Knight-Ridder Financial |
Texaco Inc. Monday initiated start-up procedures on its 95,000-barrel-a-day crude unit at its Wilmin
BAYER SLASHES PROFIT FORECAST, BLAMES WEAK WORLD ECONOMY
(Reuter) |
German chemical company Bayer AG has slashed its profit prediction because of the weak world economy
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