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CONGRESS SEEKS TO SPUR EXPORTS OF SUBSIDIZED HIGH-VALUE GOODS
Knight-Ridder Financial |
Congress may have to set mandatory subsidy levels for exports of high-value farm products similar to
HUGE LOSSES, EXPENSIVE REPAIR BILLS PUSH QUEEN MARY TOWARD SCRAP HEAP
(Reuter) |
The Queen Mary, the once stately ocean liner that is a now a money-losing tourist attraction, will r
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
G-M UNDERWRITERS FINED FOR VIOLATIONBATON ROUGE, La. - Louisiana Insurance Commissio
OMNIPORT'S RETURN ALARMS GULF PORTS
Janet Plume |
The return of the Port of Houston's Omniport to the bagged cargo market could easily ignite further
Maritime
"PERIL OF SEA' DEFENSE DEPENDS ON NATURE OF LOSS
Peter D. Clark |
"Peril of the sea" is one of 16 specifically excepted causes of cargo damage for which ocean carrier
Maritime
CONRAIL AWARDS KROLL SCHOLARSHIP
Journal of Commerce Staff |
Consolidated Rail Corp. awarded its 1992 Fred Kroll scholarship to Christopher Tallman of Neptune Ci
ARBITRATOR RULING DUE TODAY IN MACHINISTS-RAIL DISPUTE
Lawrence H Kaufman |
Arbitrator Richard Mittenthal is set to rule today in the dispute between the International Associat
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
TRANSPORT BRIEFS
Wire and Staff Reports |
SP AWARDS CONTRACT FOR TRACKING SYSTEMDENVER - Southern Pacific Railroad awarded a c
FRENCH RAILROAD CONSIDERS HIGH-SPEED FREIGHT NETWORK
Special to The Journal of Commerce |
French state railroad Societe Nationale des Chemins de Fer, or SNCF, is studying the possibility of
RAIL WOES KEEP OIL FROM RUSSIAN PORT
Knight-Ridder Financial |
Exports of Russian fuel oil from Nakhodka have been halted since July 19 due to domestic rail transp
COASTAL REFINING FACES FINES FOR ALLEGED SAFETY VIOLATIONS
Jean Hays |
The federal government is proposing a $215,500 fine against Coastal Refining and Marketing Inc. for
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 28, 1992CRUDE OIL(1,000 barrels; dollars and cents
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/29 7/28 Change % Change: 7/6
COMMODITY BRIEFS
From Wire and Staff Reports |
COFFEE GROUP FOCUSES ON CONTROLS POLICYInternational Coffee Organization talks focused on co
INSURANCE GROUP WANTS SURVEYS TO TEST SEAT BELT USE BY TRUCKERS
Brigitte Maxey |
State surveys testing compliance with federal automobile safety belt and motorcycle helmet laws shou
COMMODITY BRIEFS
From Wire and Staff Reports |
COCOA BOARD TRIES TO MOVE GHANA CARGOACCRA, Ghana - The Ghana Cocoa Board has sent senior st
EASTMAN DEVELOPS METHOD TO DETECT POLYMER IN BOTTLES
Journal of Commerce Staff |
Eastman Chemical Co. of Kingsport, Tenn., is telling the world it has an important secret. The compa
WESTERN GERMAN IMPORT PRICES FALL
Knight-Ridder Financial |
Import prices in western Germany fell 0.4 percent in June from May, and 3 percent from June 1991, th
DU PONT EARNINGS FELL DURING SECOND QUARTER
Journal of Commerce Staff |
E.I. du Pont de Nemours & Co. reported second-quarter net income of $440 million, or 65 cents a shar
INTERMODAL INSTITUTE TO HONOR CONTRIBUTORS
Journal of Commerce Staff |
The Containerization & Intermodal Institute said it will honor a group of people who have made "sign
Maritime
LAWMAKER PURSUES ALTERNATIVE TO PORT TAX HIKE
Michael S. Lelyveld |
U.S. ports may avert a $68 million tax increase as a result of a move by Rep. Sander M. Levin, D-Mic
PEOPLE - MARITIME
From Wire and Staff Reports |
PORTS CANADA (Ottawa) - Jean Michel Tessier was reappointed president and chief executive office for
Maritime
ROYAL CARIBBEAN NET INCOME EXPANDS ALONG WITH ITS FLEET
Knight-Ridder Financial |
Royal Caribbean Cruise Lines said Tuesday its net income increased sharply in the second quarter, la
Maritime
CANADA PROPOSES NAFTA DEAL ON TEXTILES US INDUSTRY CRITICAL OF PLAN
John Maggs |
Canada is working hard to fashion a compromise on textiles in the North American free-trade talks, d
SPANISH LOAN TO SPUR OUTPUT OF CHINA STEEL
Journal of Commerce Staff |
The largest deal yet between China and Spain will see the latter provide US$160 million in syndicate
Maritime
BOOTLEG CDS A HIT AMONG FANS IN EX-USSR
(Reuter) |
A handful of young entrepreneurs have found a sure-fire way to make a fortune amid the wreckage of t
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 204.46 up 0.37 which compares w
USDA OFFICIAL: RUSSIA HASN'T ASKED FOR MORE EXPORT CREDIT GUARANTEES
Knight-Ridder Financial |
Russia has not requested more U.S. export credit guarantees to buy U.S. farm products, even though i
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 29, 1992Bid AskedCopper_
OFFICIALS PROBE BLAST AT LA. PLANT
From Wire and Staff Reports |
Company officials and regulatory have begun investigating the cause of an explosion at Arcadia Chemi
ORLANDO-BASED GROUP BEGINS IMPORTING RUSSIAN LUMBER EAST, WEST COASTS TO GET SHIPMENTS
John Davies |
More than $100 million in rough-cut Russian lumber is being booked onto ships bound for U.S. ports d
Maritime
SENATE ADDS MILLIONS TO FUND SHIP LOANS
WILLIAM DiBENEDETTO |
The Senate this week provided nearly $45 million to fund a federal loan guarantee program for milita
Maritime
CULLISON REJECTS WARD REQUEST FOR AUG. 1. MEBA DEADLINE PEACEFUL ACCORD REMAINS ELUSIVE
Tim Shorrock |
The president of a key maritime union Wednesday rejected as unrealistic a request from a group of sh
Maritime
SHANGHAI SALES GREW
Journal of Commerce Staff |
Industrial sales in Shanghai, the country's principal industrial city, grew 21 percent year-on-year
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 29, 1992Residual Fuel Oil - (Dollars Per Metr
MALAYSIA MUST UPGRADE SKILLS TO COMPETE, OFFICIAL SAYS
Journal of Commerce Staff |
Aggressive export policies, a knowledge of international standards, increased marketing prowess in g
Maritime
SUGAR PRICES FALL ON FEARS OF OVERSUPPLY
Knight-Ridder Financial |
World sugar futures plummeted Wednesday afternoon ahead of Friday's expiration of options on 10 carg
7 COMPANIES GET CONTRACTS TO SUPPLY SHIPS FOR MSC
WILLIAM DiBENEDETTO |
The Military Sealift Command awarded contracts worth $418.3 million to charter 10 vessels for use as
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
ALLIANZ REPORTS LOSS IN 1991 UNDERWRITINGBONN, Germany - Germany's Allianz AG, Europ
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