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COMMODITY BRIEFS
Wire and Staff Reports |
WESTERN GOLD INVESTORS SHARPLY CUT HOLDINGSEuropean and North American investors cut their g
COMMODITY BRIEFS
Wire and Staff Reports |
JAPAN GROUP TO DISCUSS ALUMINUM ON LMEThe Japan Aluminum Alloy Association will meet within
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Aug. 12, 1992 Prevailing sellers' posted prices at the close of business, represen
INDIAN YARD SEEKS FUNDS FOR NEW DRY DOCK
N. Vasuki Rao |
State-owned Cochin Shipyard Ltd. is seeking private investment to build a dry dock for ships up to 5
Maritime
NORTH AMERICA TRADE PACT REACHED ACCORD IS CULMINATION OF 14 MONTHS OF TALKS
John Maggs |
President Bush Wednesday announced an agreement in principle to form a North American free-trade zon
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
TAIWAN REJECTS GATT REQUEST FOR NEW NAME
JOC Staff |
Taiwan has rejected a proposal by the General Agreement on Tariffs and Trade that it change the name
PORT MANAGER QUITS TO SUPPORT NUCLEAR PLANT
John Davies |
An industrial port on Oregon's south coast is looking for a new general manager after its top execut
Maritime
US TRUCKERS WANT MORE LIBERALIZATION IN MEXICO REFINEMENTS NOW SOUGHT IN NEW INVESTMENT SCHEDULE
Kevin G. Hall |
Supportive in principle of land transport items in the North American Free Trade Agreement, the U.S.
CHEAP LABOR MASKS HIDDEN COSTS IN MEXICO, BUSINESSMEN CONTEND
(Reuter) |
Mexico's cheap labor costs have been viewed as a big attraction for U.S. and Canadian companies in t
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
TAIWAN SAID TO CONSIDER CHINA COAL, OIL VENTURETAIPEI, Taiwan - Taiwan's Economics M
TRADE BRIEFS
Wire and Staff Reports |
DAEWOO TO PURCHASE GM'S STAKE IN VENTURESEOUL, South Korea - Daewoo Motor Co. will terminate
Maritime
IRA TERRORIST ATTACKS WITHIN BRITAIN COULD TURN INTO UNINSURABLE RISK
William Pitt |
Insurers in the London market have warned the British government that terrorist attacks may become a
PRESSURED COFFEE MARKET TUMBLES TO NEW LOWS
Knight-Ridder Financial |
Coffee prices sank to new lows for the third consecutive day Wednesday as producers stepped up their
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
JAPANESE BUYERS EXPECT INCREASE IN COCOA PRICES
Knight-Ridder Financial |
Japanese cocoa buyers, a relatively small but consistent lot, are expected to buy less this year bec
IN HANDLING CRUDE RUBBER IMPORTS SOUTHERN PORTS TAKE THE LEAD
Craig Dunlap |
The ports of Hampton Roads, Va., and New Orleans together handle over 60 percent of theU.S. crude ru
Maritime
UK OPTIMISM FALLS, SURVEY SAYS
Knight-Ridder Financial |
Business optimism is falling again in all regions of the United Kingdom except the North, Northern I
HAZARDOUS-MATERIAL COMMENT TIME ADDED
Tony Seideman |
Trucking, chemical and energy industry associations have pried an extra two months out of the Depart
ICC HITS TRUCKERS WITH COURT INJUNCTIONS
Dane Hamilton |
The Interstate Commerce Commission recently obtained court injunctions against five Midwest trucking
THRALL, TTX TEAM UP TO DEVELOP LESS-DAMAGING RAILCAR FOR AUTOS
John Boyd |
Two major players in the railroad equipment industry plan to develop a new railcar that would cut do
AGRICULTURE INDUSTRY SHARPLY DIVIDED OVER GAINS, LOSSES UNDER NAFTA
Charles W. Thurston |
Perhaps no U.S. industry is as divided on whether loss or gain will resultfrom the North Ame
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 12, 1992Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 12, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
DESTEC ENERGY RECEIVES $198 MILLION GRANT
Nelson Antosh |
Destec Energy of Houston has received a Department of Energy award of $198 million, the largest such
MARITIME BRIEFS
From Wire and Staff Reports |
GULF & EASTERN CHOSEN US AGENT FOR NACIONALNEW YORK - Companhia Maritima Nacional (N
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 12, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CALIFORNIA SENATE PANEL REJECTS APPOINTMENT OF GARAMENDI FOE
Jerry Goldberg |
The California Senate Rules Committee on Tuesday rejected the governor's appointment of Marz Garcia
FLA. EXECUTIVE'S BANKRUPTCY FILING INDICATES $67.4 MILLION IN DEBTS
Jerry Jackson |
Insurance executive Glenn H. Martin, whose Florida-based company was seized by North Carolina regula
WEST COAST PORTS SEE LITTLE THREAT IN ASIA-SUEZ ROUTE TO EAST COAST
Allen R. Wastler |
West Coast port interests expect to feel little near-term impact from the early success of a new wes
ORE, TOP GREAT LAKES CARGO, MAY FACE SLOWDOWN
John Boyd |
Shipments of iron ore pellets, the single biggest cargo on the Great Lakes and one of the few areas
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
UPS, CITICORP SIGN THREE-YEAR CONTRACTATLANTA - United Parcel Service and Citicorp h
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
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Aug. 12, 1992Prev. Life of Contr. OpenOpen High Low
SHIPPERS EXPECT PACT TO EASE CLEARING DELAYS ALONG BORDER
Gregory S. Johnson |
U.S. shippers are pleased with the North American Free Trade Agreement, with most believing the pact
Maritime
US COMPANY TOOLING UP FOR RUSSIAN VENTURE
Duncan Robinson |
Industrial tool orders, a gauge for economic performance, have taken an ironic twist in Russia.<
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 12, 1992 Copper Total, 37,130. Gold Total, .1,797,627.Silver Total, .273
NORTH AMERICA TRADE PACT REACHED AGREEMENT ENDS MOST TARIFFS IN 10 YEARS
Richard Lawrence |
Mexico wi l eliminate all tariffs on manufactured goods within 10 years after the free-trade agreeme
MUSIC, TRAVEL PART OF A DAY'S WORK FOR OWNER OF OIL BARGE ON THE RHINE
(Reuter) |
Eldert van Dasler's barge is his life and the Rhine is his home. He even has a modern church
Maritime
NORTH AMERICA TRADE PACT REACHED CABINET-LEVEL GROUP TO OVERSEE DISPUTES
Richard Lawrence |
A three-member, Cabinet-level Trade Commission will oversee the workings of the proposed North Ameri
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