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JOURNAL OF COMMERCE - FAST FACTS TOP SHIPBUILDING NATIONS, END OF 1991
JOC Staff |
Japan - 514 S. Korea - 159Germany - 118China - 96Denmark - 68
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgExp
Maritime
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 24, 1992CRUDE OIL(1,000 barrels; dollars and cents
ANALYSTS SAY UNCERTAINTY OVER IRAQ AFFECTS OIL MARKETS MORE THAN WAR
Michael J. Strauss |
The threat of a new war with Iraq could have a greater impact on oil prices before any fighting occu
DAILY PETROLEUM PRICES
JOC Staff |
Monday July 27, 1992 Prevailing sellers' posted prices at the close of business, representin
RETIRED US EXECUTIVES VOLUNTEER TO SHARE SKILLS
Milton G. Allimadi |
Retired American business executives are sharing their expertise with more than 100 developing count
Maritime
TOKYO DEALERS CAUTIOUS ON PALLADIUM FUTURES
Deena Beasley |
Japanese precious metals traders have been stocking up on palladium in preparation for next Monday's
CHEMICAL BRIEFS
From Wire and Staff Reports |
DU PONT TO UPGRADE FLA. DISTRIBUTION UNITWaas-Phillips Construction Co., based here, has bee
FMC CHIEF ANALYZES TRANS-ATLANTIC PROPOSAL
John Davies |
The chairman of the Federal Maritime Commission says his board is scrutinizing a proposal to limit c
Maritime
FOKKER DEAL TRADES INDEPENDENCE FOR FIRM'S SURVIVAL
Miriam Widman |
Deutsche Aerospace AG's intended takeover of the Netherlands' aircraft manufacturer Fokker will like
PEOPLE - INSURANCE
Wire and Staff Reports |
JARDINE INSURANCE BROKERS INC. (San Francisco) - Stephanie Davis was promoted to vice president of c
CRB FUTURES OUTLOOK - JAMES NEVLER DESPITE ECONOMIC TROUBLES, MARK IS CURRENCY OF CHOICE
JOC Staff |
After the pointless Group of 7 summit in Munich, during which U.S. Treasury Secretary Brady professe
SHIPBUILDERS PUSH TO ADD GIBBONS BILL TO MARITIME POLICY
WILLIAM DiBENEDETTO |
U.S. shipbuilders say they can accept the Bush administration's maritime policy legislation if a Hou
Maritime
AIRBORNE EXPRESS POSTS LOSS, CITES DROP IN REVENUE IN US
William Armbruster |
A sharp drop in average revenue for domestic shipments led to a $3.5 million loss in the second quar
TRANSPORT BRIEFS
Wire and Staff Reports |
BOEING CO. REPORTS FLAT EARNINGS FOR QUARTERSEATTLE - Boeing Co., the world's larges
BALTIC FREIGHT INDEX
JOC Staff |
1093 (July 27, 1992) Previous day - 1074 The Baltic International Freight Futures Market in
Maritime
EX-IM BANK TO GUARANTEE CREDITS TO FINANCE US EXPORTS TO INDIA
Journal of Commerce Staff |
The U.S. Export-Import Bank said that it will guarantee two $50 million credits to finance $114.5 mi
YUAN'S DROP AGAINST US DOLLAR SAID TO HURT CHINA OIL REFINERS
Knight-Ridder Financial |
The depreciation of the yuan against the U.S. dollar is hurting China's oil refiners and limiting th
CANADIAN PETROLEUM SALES DECLINE
Knight-Ridder Financial |
Canadian seasonally adjusted domestic sales of petroleum products in June fell 1.9 percent from May,
CHINA LEASES BUS PLANT TO HONG KONG COMPANY
(Reuter) |
China has leased a state-owned factory to a foreign company for the first time in four decades, mark
Maritime
TRADE MISSIONS
JOC Staff |
FROM THE UNITED STATES/CANADA ARGENTINA. Aug. 3-7. Buenos Aires. Mining investment mis- sion sponso
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
CANADIAN GRAIN OUTPUT EXPECTED TO DECLINEWINNIPEG, Manitoba - Production of the six major Ca
HOECHST STARTS WORK ON PRODUCTION LINE
Journal of Commerce Staff |
Hoechst Celanese Specialty Chemicals Group announced the start of construction on the fifth producti
TWO CABOT JOINT VENTURES PRODUCE CARBON BLACK IN ASIA
P.T. Bangsberg |
Two joint ventures involving Cabot Corp. have begun producing carbon black in widely separated parts
INSURANCE BRIEFS
From Wire and Staff Reports |
POE NET INCOME FELL IN SECOND QUARTERTAMPA, Fla. - Insurance broker Poe & Assocs. In
FIVE SET FOR CALIF. HEARING IN STAGED-COLLISIONS CASE
Brigitte Maxey |
Five people accused of being members of a staged accident ring will make a preliminary hearing appea
THAI RICE MILLERS WANT TO EXPORT DIRECTLY FROM NORTHEAST PROVINCES
Knight-Ridder Financial |
Thai rice millers are asking the government to let them export rice directlyfrom the northea
XTRA PLANS TO ACQUIRE STRICK LEASE RENTAL FLEET
Michael S. Lelyveld |
Xtra Corp. said Monday it agreed to acquire the Strick Lease rental fleet of over-the-road trailers
PORT PROBLEMS, SMALL SUPPLY HURT SHIPMENTS OF CUBA SUGAR
Patricia Jones |
Cuban sugar shipments currently are bedeviled by loading problems and a lack of sugar reaching the p
Maritime
CIA FORECASTS RECORD CHINA TRADE SURPLUS WITH THE US
Richard Lawrence |
China, thanks to an extended export boom largely to the United States, now boasts foreign-exchange r
KEY NUCLEAR PLANT SAFETY DEVICE FAILS IN ACCIDENT, TESTS CONFIRM
Dianne Dumanoski |
Tests at the Millstone 1 nuclear plant in Waterford, Conn., have confirmed that a key safety device
MARITIME BRIEFS
From Wire and Staff Reports |
RICE, UNRUH, REYNOLDS RELOCATES VA. OFFICECHESAPEAKE, Va. - Rice, Unruh, Reynolds Co. reloca
Maritime
TWO LARGE CHEMICAL MAKERS BLAME POOR ECONOMY FOR PUNY INCOME GAIN
Journal of Commerce Staff |
Two large chemical makers blamed the current economic downturn for the only modest earnings increase
LYKES DEFENDS PLAN TO SHIFT SUBSIDIZED OPERATIONS
WILLIAM DiBENEDETTO |
Responding to criticism from U.S. shipping lines, a Lykes Bros. Steamship Co. official Monday denied
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
MORE CHARGES MADE AGAINST BRAZIL'S LEADERBRASILIA, Brazil - Brazilian President Fernando Col
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 18, total piggyback freight hauled on the nation's major railroads equaled 1
TRANSPORTERS MAKE BIG CASH HAUL MOVING TRAINLOADS OF TRASH
Gregory S. Johnson |
A Bronx, N.Y., company that ships garbage by rail simply sniffs at an endless line of noses turning
APL TRAFFIC LEVELS RISING, BUT PROSPECTS UNCERTAIN
Allen R. Wastler |
George Hayashi, president and chief executive officer of American President Lines, seems relaxed, bu
Maritime
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
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
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