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TREUHAND DECISION TO HALT TALKS FAILS TO END KVAERNER'S INTEREST IN SHIPYARD
Miriam Widman |
Kvaerner A/S, the Norwegian shipbuilder seeking to take over the eastern German shipyard Warnow Werf
Maritime
1992 TURNS INTO WORST YEAR EVER FOR INSURERS, THANKS TO ANDREW
Margo D. Beller |
In a year of costly catastrophes, U.S. insurers and reinsurers are calling Hurricane Andrew the cost
INSURER OFFERS BANKS POLLUTION COVERAGE
Brigitte Maxey |
Environmental pollution affects more than just the polluter and the land owner. Insurance companies
ARTIFICIAL REEFS RAVAGED BY HURRICANE ANDREW
Marty Klinkenberg |
Hurricane Andrew generated powerful underwater currents that toppled coral, ripped seafans and spong
Maritime
EVERGREEN MARINE PROFIT JUMPS 47.3 PERCENT
Knight-Ridder Financial |
Taipei-based Evergreen Marine Corp., one of the world's largest container shipping lines, posted net
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Sept. 1, 1992Residual Fuel Oil - (Dollars Per Metr
HURRICANE DAMAGE STILL LIMITS GULF GAS OUTPUT, PRODUCERS SAY
Pamela Conway |
Four of the top natural gas producers in the U.S. Gulf of Mexico say they still have "shut in" 7 per
PROCTER & GAMBLE TO PRODUCE BIODIESEL FUEL FOR INTERCHEM
Knight-Ridder Financial |
Interchem N.A. Industries Inc. said it has received a commitment from Procter & Gamble Co. to produc
BARGES SOON MAY LINK MILWAUKEE, NEW ORLEANS
Chicago Tribune |
Federal and maritime industry officials report the Coast Guard is preparing to change its safety reg
SOUTH KOREAN BUYERS UNLIKELY TO PURCHASE SOYMEAL FOR IMPORT
Knight-Ridder Financial |
South Korea's soybean meal buyers are unlikely to buy soymeal for import soon, sources in Seoul said
SWITCH FROM TOXIC SOLVENTS TO SAFER CLEANERS BEARS FRUIT
Jean Hays |
The acrid smell of chemicals in some Wichita manufacturing plants soon may be replaced by the sweet
HURRICANE ANDREW BLOWS PRICES OF PLYWOOD SKY-HIGH
Babette Morgan |
Hurricane Andrew has blown plywood prices to their highest point ever, an increase that was spawned
YUGOSLAVIA INFLATION SOARS TO 7,600 PERCENT SINCE AUGUST '91
JOC Staff |
Yugoslavia's economy, crippled by war and sanctions, recorded a month-on- month rise in prices of 42
FEDERAL EXPRESS INITIATES HIKE IN PRICES FOR SOME CUSTOMERS
William Armbruster |
Federal Express Corp. began charging some of its domestic and international customers higher prices
FINANCING TRADE - GORDON PLATT BANK OF NEW YORK LEADS IN FINANCING MID-SIZE EXPORTERS
Gordon Platt |
Bank of New York provided more trade financing to mid-size exporters last year than any other U.S. b
MINISTER DEFENDS IRAQ EXECUTIONS OF MERCHANTS
(Reuter) |
Iraq was right to execute merchants accused of profiteering, despite reports that their deaths have
US DOLLAR HITS NEW LOW AGAINST GERMAN MARK
Knight-Ridder Financial |
The U.S. dollar fell to an all-time low of 1.3890 deutsche marks Tuesday, dropping below the previou
BALTIC FREIGHT INDEX
JOC Staff |
1069 (Sept. 1, 1992) Previous day - 1073 The Baltic International Freight Futures Market in
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Sept. 1, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIPBUILDING INDUSTRY IN JAPAN SCOURS ASIA FOR SCRAP YARD SITES
(Reuter) |
Japan's shipbuilding industry, the world's biggest, is desperately searching for scrap yards to demo
Maritime
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
CHARGES DISMISSED IN RATE COMPLAINT AGAINST ANERA
WILLIAM DiBENEDETTO |
A Federal Maritime Commission law judge dismissed shipper charges that a group of ocean carriers in
Maritime
JAPAN REJECTS DUNKEL PUSH FOR TARIFF ON RICE
A.E. Cullison |
Japan again rejected a call to open its rice market under a tariff system, despite assurances that t
MALAYSIA PETROCHEMICAL COMPLEX TO BE FINISHED BY SEPTEMBER 1993
JOC Staff |
Malaysia's first integrated petrochemical complex, developed by Titan Group, is expected to be compl
HONG KONG GETS ADVICE ON AIRPORT LINK
Knight-Ridder Financial |
China has suggested that Hong Kong raise funds for a rail link in its new airport project by selling
CANADA SET TO REDUCE IMPORTED YARN, FABRIC TARIFFS
Leo Ryan |
Canada is expected to announce this week a long-awaited decision to reduce tariffs on imported yarns
Maritime
FOR SALE: 850 MILES OF WATERFRONT PROPERTY TENN-TOM COUNCIL SEEKS TO BEEF UP PLANT SITES
Special to The Journal of Commerce |
The Tennessee-Tombigbee Waterway Development Council has spent the past 30 months compiling a market
ASIAN FUTURES
JOC Staff |
Sept. 1, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 1, 1992 Copper Total, 39,573. Gold Total, .1,688,868.Silver Total, .274
SPOT COMMODITIES
JOC Staff |
Sept. 1, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 31, 1992CRUDE OIL(1,000 barrels; dollars and cents
OCTOBER NATURAL GAS FUTURES DROP AS POST-HURRICANE FEARS ABATE
Knight-Ridder Financial |
Natural gas futures for October delivery on the New York Mercantile Exchange fell sharply in early t
ENERGY BRIEFS
From Wire and Staff Reports |
CHINA TO OPEN AREAS TO FOREIGN EXPLORATIONHONG KONG - China will open petroleum rese
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
TENN-TOM STURGEON BECOMING THE SPOTTED OWL OF THE 1990S
Special to The Journal of Commerce |
A classic case of industry vs. environmental concerns is brewing along the lower reaches of the Tenn
SIX FOOD-LADEN SHIPS STEAMING TO FAMINE-DEVASTATED SOMALIA
Milton G. Allimadi |
A six-ship armada, carrying a total of 31,740 tons of food, is steaming toward portsin or near war-t
Maritime
USAIR WON'T RUSH INTO TWA DEAL, OFFICIALS SAY
St. Louis Post-Dispatch |
Although USAir Group remains interested in parts of Trans World Airlines Inc., it still has a wait-a
ND LAWMAKER SAYS DOCUMENTS PROVE CANADA WHEAT SALES VIOLATED PACT
Rona K. Johnson |
Rep. Byron Dorgan, D-N.D., said he's ready to back up his argument that the Canadians have been expo
CHEMICAL BRIEFS
Wire and Staff Reports |
KOREA'S DAELIM TO SHUT ETHYLENE-PRODUCING UNIT SEOUL, South Korea - South Korea's Daelim In
CANADIAN MISSION HEADS FOR VIETNAM, MALAYSIA
Leo Ryan |
Canada's International Trade Minister Michael Wilson Thursday will lead a weeklong mission of Canadi
Maritime
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