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PHIBRO SEEN BIG WINNER IN SIMEX FUEL SQUEEZE
Marie-Anne Gries |
Phibro Energy Inc. is considered to be the big winner in the squeeze on the Singapore International
WORLD OIL PRICES STAY WEAK DESPITE HURRICANE, IRAQ FEARS
Knight-Ridder Financial |
Even the coming of Hurricane Andrew last week did little to reverse weakness in world oil prices, wh
*LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 28, 1992Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 31, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
INSURANCE BRIEFS
From Wire and Staff Reports |
ORION CAPITAL SELLS NOTES IN PUBLIC OFFERINGOrion Capital Corp. has sold $110 million of sen
CALIF. PORTS APPEAR TO HAVE LOST FUNDS FIGHT LEGISLATORS REPEAL BUNKER FUEL TAX IN SEPARATE ACTION
Allen R. Wastler |
Ports in California appear to have lost the battle to protect their funds from raids by revenue-star
CZECH-SLOVAK ROW MAY IMPERIL EUROPEAN NATURAL GAS SUPPLY
Laura Zelenko |
Czech and Slovak officials are arguing over the control of a pipeline system that carries natural ga
DAILY PETROLEUM PRICES
JOC Staff |
Monday Aug. 31, 1992 Prevailing sellers' posted prices at the close of business, representin
TEAMSTERS TAKE WALNUT BOYCOTT FIGHT TO EUROPE
Tim Shorrock |
The Teamsters Union is trying to enlist European food retailers, consumers and farmers in its yearlo
ANDREW MAY FORCE US TO HIKE SUGAR IMPORTS
Gregory Wright |
Hurricane Andrew's battering of the Louisiana sugar cane crop may force the U.S. Department of Agric
MAERSK LINE BECOMES FIRST CARRIER TO RESERVE BERTH AT INDIAN PORT FACILITY
N. Vasuki Rao |
Maersk Line is the first carrier to sign up for a berth reservation at the Jawaharlal Nehru port com
Maritime
MIAMI RIVER MANAGES TO MOVE SHIPS DESPITE OBSTACLES LEFT BY ANDREW
Jane Bussey |
As the Port of Miami bustled with cargo traffic Friday, the Miami River limped through the motions o
Maritime
FOREIGN LENDERS TO RECEIVE NEW TERMS FOR THAI PROJECT
Knight-Ridder Financial |
The Thai Cabinet will decide within nine days on new terms for $480 million in foreign loans for the
SPOT CHEMICALS AS OF AUG. 31, 1992
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
Prices in the spot chemicals table include spot quotations or list prices of suppliers either on a N
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/31 8/28 Change % Change: 8/6
TRUSTEE OF AAA TRUCKING AGREES TO PUT OFF UNDERCHARGE CLAIMS
Dane Hamilton |
The trustee for bankrupt AAA Trucking Corp. has agreed not to press dozens of undercharge claims pen
MANY LA. SUGAR CANE FARMERS FACE FINANCIAL RUIN
Gregory Wright |
Hurricane Andrew swept away 25 percent of Louisiana's sugar cane crop, and many farmers there are fa
LA., MISS. BET FLOATING CASINOS, LOTTERY CAN SOLVE MONEY WOES
(Reuter) |
Faced with burgeoning deficits and reluctant taxpayers, Louisiana and Mississippi are betting on the
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Aug. 22, total piggyback freight hauled on the nation's major railroads equaled 1
GILLETTE AGREES TO FORM SECOND CHINA VENTURE
The Boston Globe |
Gillette Co. said it agreed to form Gillette Shanghai Ltd., its second joint venture in China and th
Maritime
HURRICANE-RELIEF REQUESTS OVERWHELM TRUCKERS IN NC
Knight-Ridder Newspapers |
Harried North Carolina trucking companies say they can't meet requests of groups that want cabs and
EX-SOVIETS' EXPORTS, IMPORTS FALL
Knight-Ridder Financial |
Exports from the former Soviet Union in first-half 1992 fell to US$15.4 billion, about 65 percent of
GASOLINE PRICES
JOC Staff |
Aug. 31, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
US INDEPENDENT INSURANCE AGENTS TURN TO FOREIGN MARKETS
Margo D. Beller |
America's sales force of independent insurance agents is slowly turning to foreign markets, even as
NAVY TO PURSUE WINNER-TAKE-ALL CARGO CONTRACT
WILLIAM DiBENEDETTO |
The Navy accepted new worldwide transportation rates from 12 shipping lines for the next six months,
*LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 28, 1992Bid AskedCopper_
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
ASBESTOS EFFECTS HIT SHIPYARD WORKERS HARD
David Ress |
Hampton Roads is a hot spot for asbestosis and mesothelioma because it's a shipbuilding area.
Maritime
ASIAN FUTURES
JOC Staff |
Aug. 31, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 31, 1992 Copper Total, 39,249. Gold Total, .1,765,827.Silver Total, .275
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 200.21 off 0.08 which compares w
DREDGING TO START SOON AT DELAWARE RIVER PORTS
Journal of Commerce Staff |
Dredging of ship berths at Delaware River ports soon will begin under a $3 million grant from the De
Maritime
HILLS TO VISIT BRUSSELS FOR TALKS WITH EC ON OILSEEDS SUBSIDIES
Knight-Ridder Financial |
U.S. Trade Representative Carla Hills will visit Brussels today for talks with top European Communit
Maritime
APL WILL SHIFT THAI OPERATIONS TO LAEM CHABANG
Mark Magnier |
A modern Thai container terminal meant to relieve congested Bangkok has at last attracted a major oc
Maritime
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 28, 1992CRUDE OIL(1,000 barrels; dollars and cents
RUSSIA CUTS LITHUANIA GAS SHIPMENTS
Special to The Journal of Commerce |
Russia reduced natural gas shipments to Lithuania this weekend because of the Baltic republic's inab
MIAMI'S AIR CARGO OPERATIONS CLOSE TO NORMAL AIRPORT REBOUNDS A WEEK AFTER STORM
William Armbruster |
Air cargo operations in Miami were running close to normal Monday, one week after Hurricane Andrew d
PROFIT DROPS AT FORMOSA CHEMICALS
Knight-Ridder Financial |
Taiwan's Formosa Chemicals & Fiber Corp. posted pretax profit of 2.27 billion New Taiwan dollars (US
MASS. COURT PREPARES TO HEAR $52 MILLION "BIG DIG' CASE
Boston Globe |
With 80 percent of the property takings needed for the Central Artery-Third Harbor Tunnel completed,
BA, USAIR SEEK ASSETS OF TWA, PAPER REPORTS
From Wire and Staff Reports |
British Airways PLC and USAir Group Inc. hope to take over the assets ofTrans World Airlines
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