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COULD SURPLUS LINES INSURERS BE REGULATED OUT OF BUSINESS?
Russ Banham |
A group representing surplus lines insurers and brokers claims its members could be squeezed out of
BALTIC FREIGHT INDEX
JOC Staff |
1054 (Sept. 23, 1992) Previous day - 1054 The Baltic International Freight Futures Market in
Maritime
JAPAN SEEKS TO AVOID US-STYLE BAILOUT OF BANKING SECTOR
Merrill Goozner |
An ill-defined proposal to rescue Japan's banks touched off a stock-market rally last month, but the
ENERGY BRIEFS
From Wire and Staff Reports |
SUBROTO SEES ECUADOR COMING BACK TO OPECThe Organization of Petroleum Exporting Coun
US, BRAZIL SIGN DEAL TO RESCHEDULE PUBLIC DEBT
Journal of Commerce Staff |
The United States and Brazil signed an agreement Wednesday rescheduling about $1.6 billion in public
CONSORTIUM SOUGHT TO AID RUSSIAN BANKING
Knight-Ridder Financial |
The European Commission Wednesday launched a tender to select a consortium of major European banks t
PRIVATIZATION IN BANGLADESH REPORTED MOVING AHEAD
N. Vasuki Rao |
A broad privatization program in Bangladesh finally is under way after some delays, bringing it into
Maritime
US WANTS QUICK ACTION ON GATT, EAGLEBURGER TELLS FRANCE'S DUMAS
(Reuter) |
Acting Secretary of State Lawrence Eagleburger told his French counterpart this week that the United
Maritime
OAKLAND STARTS DREDGING CHANNEL TO 38 FEET, GETS SET TO FIGHT FOR MORE
Allen R. Wastler |
After five years of wrangling and wrestling, the Port of Oakland this week finally began deepening i
Maritime
SUGAR PRODUCTION FORECAST TO OUTSTRIP DEMAND
Knight-Ridder Financial |
World sugar production will outstrip consumption for the second consecutive year, British-based trad
AIR FRANCE AND AIR CANADA FORM ALLIANCE TO EXPAND SERVICE
(Reuter) |
French state-owned airline Air France has made what it calls an "important strategic alliance" with
BRITISH AEROSPACE ANNOUNCES JOINT VENTURE WITH TAIWAN FIRM
William Armbruster |
British Aerospace PLC and Taiwan Aerospace Corp. signed a joint venture agreement Wednesday for the
US COFFEE CONTROL PAPER FOCUSES ON PENALTIES
Knight-Ridder Financial |
The United States said Wednesday that coffee-producing countries must bear the responsibility for en
ESKIMO GROUP WANTS ROLE IN PROJECT
Journal of Commerce Staff |
An Eskimo group that lives on the eastern approach to a proposed rail tunnel beneath the Bering Stra
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Sept. 23, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SPAIN REIMPOSES CURRENCY CONTROLS IS FRANCE NEXT?
Gordon Platt |
Spain reimposed foreign exchange controls Wednesday to defend its currency, a move that revived the
NUCLEAR REACTOR IN BULGARIA SHUT DOWN AFTER PLANT FAILURE
(Reuter) |
Officials shut a reactor at an accident-plagued Bulgarian nuclear plant after a short-circuit caused
SPOT PRODUCT PRICES
JOC Staff |
Sept. 23, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon,
7 NY UTILITIES PAY BILLIONS IN TAXES
JOC Staff |
New York state's seven investor-owned utilities paid over $3.15 billion in taxes to state and local
POOR TAX COLLECTION LETS SHIPPERS ESCAPE NET
Michael S. Lelyveld |
Millions of dollars in harbor taxes on shippers are lost each year because of paperwork mistakes tha
BALANCE-OF-PAYMENTS SURPLUS DECLINED FOR DUTCH IN QUARTER
Knight-Ridder Financial |
The surplus in the Dutch balance of payments fell in the second quarter by about 600 million guilder
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
EX-SOVIET MERCHANT FLEET NO THREAT TO WESTERN SHIPOWNERS, EXPERTS SAY
Janet Porter |
The huge merchant shipping fleet of the former Soviet Union is in such a state of chaos that it is u
Maritime
TRADE BRIEFS
Wire and Staff Reports |
HIGH-TECH COALITION URGES CONGRESS' ACTIONA coalition of American high-tech firms Wednesday
Maritime
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
WORLD AVIATION GROUP SEES GROWTH IN AIR CARGO
Leo Ryan |
The International Civil Aviation Organization on Tuesday forecast brisk growth in world air cargo tr
SPOT COMMODITIES
JOC Staff |
Sept. 22, 1992 Included are list prices of suppliers. Quotations do not necessarily represen
SCHNEIDER NATIONAL, UP TO OFFER JOINT SERVICE
Dane Hamilton |
Moving into high gear in the intermodal marketplace, the nation's largest truckload carrier, Schneid
INSIDE TALK - ALLEN WASTLER THIS IS THE TYPE OF WAR OVER RATES EVERYONE CAN LIKE
Allen Wastler |
What kind of rate war is justified among carriers? A humanitarian one. Matson Navigation Co.
Maritime
WORLD BANK OFFICIAL SAYS CHANCES FOR REPLENISHING FUND ARE SLIM
Knight-Ridder Financial |
A World Bank official said Tuesday that prospects are slim for adequately replenishing a special ban
SPOT PRODUCT PRICES
JOC Staff |
Sept. 22, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon,
HURRICANE LOSSES RUIN FLORIDA INSURANCE FIRM
David Satterfield |
State regulators on Monday seized a Fort Lauderdale-based insurance company that is expected to go b
INSURANCE COMMISSIONERS UNVEIL SOLVENCY FORMULA FOR LIFE INSURERS
Wire and Staff Reports |
The working party of the National Association of Insurance Commissioners charged with developing ris
INSURANCE COMMISSIONERS GRANT TEXAS ACCREDITATION
Journal of Commerce Staff |
Texas became the 14th state to receive accreditation from the National Association of Insurance Comm
NATION'S PORTS SEEK STRATEGY TO BATTLE RAID ON FUNDS
Alan Abrams |
The nation's port leaders are offering legal and moral support to their California colleagues as the
Maritime
HOUSE COMPLETES CHINA MEASURE
(Reuter) |
The House completed congressional action Tuesday on a measure that places conditions for renewing Ch
DOLLAR RISES AS MONEY WOES CONTINUE IN EUROPE, YEN SOARS
Knight-Ridder Financial |
The U.S. dollar overcame opening losses to trade mostly higher Tuesday on fears that the European mo
EC TO MAP DEFENSE IN OILSEEDS DISPUTE SUBSIDIES BLAMED FOR LOST US SALES
Bruce Barnard |
The European Community today will prepare its defenses against the latest U.S. offensive in the ongo
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Sept. 22, 1992Prev. Life of Contr. OpenOpen H
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