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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Sept. 23, 1992 Prevailing sellers' posted prices at the close of business, represe
TEAMSTERS CHIEF SLAMS UPS FOR BOOSTING PART-TIMERS
Mark B. Solomon |
Ron Carey, Teamsters union president, facing contract talks this fall with United Parcel Service, ac
P-I-E OFFERS UNDERCHARGE SETTLEMENT REFUNDS TRUSTEE PRESSED TO ACT BY JUDGE
Stephanie Nall |
The trustee for defunct truck line P-I-E Nationwide Inc., after running afoul of a U.S. Bankruptcy C
EUROPE RUMORS DROP DOLLAR TO RECORD LOW AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar fell to a record low against the Japanese yen Wednesday, amid growing rumors of a ma
JAPAN'S CHERRY FARMERS GEAR FOR US CHALLENGE
(Reuter) |
The 1,800 cherry farmers of this picturesque town are fighting against the odds to meet the challeng
Maritime
TRADING WITH KUWAIT KUWAIT RESTOCKS WITH US CONSUMER PRODUCTS
Kenneth Wolf |
To say that Iraqi invaders stole everything but the kitchen sink from Kuwait would be too limiting.<
Maritime
PACIFIC RIM FORTUNES TIED TO TRADE PACTS, GROUP SAYS
Allen R. Wastler |
A "serious risk" of derailment of two key international trade pacts couldwreak havoc on what
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 23, 1992 Prices in the spot chemicals table include spot quotations or list pric
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Sept. 23, 1992Prev. Life of Contr. OpenOpen H
COMMODITY BRIEFS
Wire and Staff Reports |
HECLA WINS PERMITS FOR MINE IN IDAHOHecla Mining Co. Thursday announced it has received the
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Sept. 23, 1992Bid AskedCopper_
INDONESIAN SEARCH TEAM FINDS NO SIGN OF MISSING CREWMEN
(Reuter) |
An Indonesian search team found no sign of 29 missing crewmen Wednesday when it finally boarded an o
Maritime
RICHMOND PORT PLANS UPGRADE TO ATTRACT SMALL SHIP LINES
Alice Cantwell |
The Port of Richmond is positioning itself as a niche port in order to hold its own against the bigg
Maritime
EC HOPES TO AVOID ERRORS MADE BY US IN AVIATION DEREGULATION, OFFICIAL SAYS
Dallas Morning News |
The European Community is inspired by the deregulation of U.S. aviation, but doesn't want to repeat
COMMODITY BRIEFS
Wire and Staff Reports |
RUSSIAN OILSEED OUTPUT EXPECTED TO INCREASEHAMBURG, Germany - Russian oilseed production thi
GAS PRICES CLIMB AT RECORD PACE AS CONCERNS SPARK BUYING SPREE
Anne Pearson |
Gas prices, which took their largest one-day leap on Tuesday, were sharply higher again Wednesday, a
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
AUSTRALIAN INSURER PLANS HONG KONG STOCK OFFERING
P.T. Bangsberg |
National Mutual, an Australian-based insurance and financial services company, plans to list its loc
US INSURERS ESPOUSE BENEFITS OF FREE TRADE WITH MEXICO
Paul Dykewicz |
Mexico could emerge as one of the world's top 10 insurance markets early in the next century, accord
BRAZIL'S STATE OIL COMPANY FACES STRIKE, FINANCIAL DIFFICULTIES
Inez Landeira |
As Brazil's 60,000 oil workers gear up for a nationwide strike set for Friday, the national oil mono
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Sept. 23, 1992Brent Crude Oil - (Dollars Per Barrel)
SURVEY FINDS NAFTA FAVORED BY 72 PERCENT OF US EXECUTIVES
(Reuter) |
Almost three-quarters of the nation's business executives favor the North American free-trade agreem
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 23, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
BRAZIL WINS $350 MILLION FOR POLLUTION CONTROL PROJECT
JOC Staff |
Brazil this week signed new loan agreements amounting to $350 million for its Banco Nacional de Dese
Maritime
INSURERS RAISE ANTE ON ANDREW DAMAGES
David Satterfield |
Insurers finally are coming to grips with the unimagined fury of Hurricane Andrew, as more companies
TRANSPORT BRIEFS
From Wire and Staff Reports |
BRITISH AEROSPACE PLANS TO CLOSE UK FACTORYLONDON - British Aerospace will eliminate
NY COFFEE FACES UPS, DOWNS UNTIL TALKS END
Jennifer Allen |
The market's reaction to progress made Tuesday at the International Coffee Organization talks in Lon
VARIG AIRLINES STREAMLINES NORTH AMERICAN OPERATIONS
William Armbruster |
Facing increased competition from U.S. carriers, Varig Brazilian Airlines has centralized its North
CUSTOMS-FREE ZONE URGED FOR BALTIC PORT
Knight-Ridder Financial |
The Baltic port of Rostock should set up a customs-free zone to increase general cargo turnover, the
Maritime
NEW SHIPPING LINE TIES CARIBBEAN TO FLORIDA
Canute James |
A new shipping line has started service between the Caribbean and South Florida. The new lin
Maritime
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
INSURANCE BRIEFS
From Wire and Staff Reports |
CALIF. SAYS ALLSTATE MISLED FIRE VICTIMSOAKLAND, Calif. - The California Insurance Departmen
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 23, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
ILWU STAGES STRIKE AT PORTS ON WEST COAST OF CANADA
Knight-Ridder Financial |
Canada's west coast ports were strike-bound as longshoremen walked off their jobs late Tuesday, but
Maritime
COAST GUARD WILL ISSUE SPILL POLICY CIRCULARS
WILLIAM DiBENEDETTO |
The Coast Guard is issuing special policy circulars outlining what tanker operators and oil facility
Maritime
FINNISH OFFICIALS PREDICT MARKKA TO JOIN EUROPE RATE MECHANISM
Cathy Kristiansen |
Finland still has to overcome the economic woes that forced a break in its informal link with the Eu
NEW RUSSIAN SCHOOL YEAR SPARKS TEACHER INNOVATIONS
Stephen Seplow |
A new school year started here Tuesday, and Diana Fadeyeva, a high school history teacher, prepared
BRAZIL SEEKS BROAD TRADE AGREEMENT WITH MEXICO, TOP OFFICIAL SAYS
Knight-Ridder Financial |
Brazil has proposed a broad bilateral trade liberalization accord to Mexican authorities, and the Me
Maritime
DIVERSE INTERESTS HEIGHTEN DEBATE OVER NORTH AMERICA TRADE PACT
Peter M. Tirschwell |
Debate on the proposed North American free-trade agreement continued in force this week, with indust
Maritime
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF SEPT. 21
Journal of Commerce Staff |
Hungary, Poland and the Czech and Slovak federations presented a ''convergence" plan detailing how t
Maritime
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