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S&P: LIFE INSURERS FACE BIG WRITE-OFFS
(Reuter) |
Standard & Poor's Corp., a credit rating agency, said U.S. life insurers face up to $9 billion in ne
TRADE BRIEFS
Wire and Staff Reports |
EC CONSIDERS BORROWING TO FUND PUBLIC WORKSBRUSSELS, Belgium - European Community President
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
OOCL'S PARENT TURNS A PROFIT BUT EXPECTS ROUGH SEAS TO CONTINUE
P.T. Bangsberg |
The parent of container operator Orient Overseas Container Line Ltd. bounced back into the black las
Maritime
CHEVRON TO PAY $8 MILLION FINE
(Reuter) |
Chevron Corp. said Monday it agreed to pay $8 million for violations of Clean Water Act regulations
US TRADE OFFICIAL ADVISES NATIONS TO TAKE PART IN PREFERENCE REVIEW
John Zarocostas |
Developing nations and U.S. importers interested in benefiting from the U.S. regime of preferential
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 19, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange May 18, 1992CRUDE OIL(1,000 barrels; dollars and cents
BP TO SELL STAKE IN CANADIAN UNIT
Knight-Ridder Financial |
British Petroleum Co. PLC is selling its stake in subsidiary BP Canada in a deal which will raise US
FLORIDA SPILL LIABILITY LAW DUE TO TAKE EFFECT IN JULY NEW FORMULA TO BE USED
Brigitte Maxey |
A Florida law that appears to limit liability for oil pollution damage to natural resources in fact
PEOPLE - MARITIME
From Wire and Staff Reports |
Arthur Edward Green will retire June 1 from his 32-year career at the Alabama State Docks, the state
Maritime
MEETING EXAMINES ROLE OF ROLL-ON SHIPS IN WAR
Janet Porter |
Military experts this week will appraise the performance of roll-on, roll-off vessels during the Per
Maritime
DOLLAR TRADES LOWER AS FED EASING EXPECTED
Knight-Ridder Financial |
The U.S. dollar was mostly lower in a quiet market Tuesday, as traders were convinced the Federal Re
FINANCING TRADE - GORDON PLATT IRS CRACKING DOWN ON MULTINATIONALS' PRICING POLICIES
Gordon Platt |
The Internal Revenue Service is placing multinational companies under additional scrutiny concerning
INDUSTRIALIZED NATIONS COMMIT TO ACTION ON GLOBAL TRADE TALKS
Keith Rockwell |
The world's leading industrialized countries committed themselves Tuesday to energizing the fading w
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
EPA BEGINS CLEANUP OF CALIF. MERCURY SITEThe U.S. Environmental Protection Agency said it be
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA Come to a Fabric Fiesta of Outrageous Rayons. May 20. New York. Kanindo-Oxford
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 19, 1992 Prices in the spot chemicals table include spot quotations or list prices
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/19 5/18 Change % Change: 4/24
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots & in
BRAZILIAN RAIN FOREST EVAPORATING AS MAHOGANY DEMAND, PRICE SOAR
James Bruce |
Despite concern about depleting the world's largest tropical rain forest and mistreatment of Indians
NORTHWEST AIRLINES GEARS UP FOR MAJOR COST-CUTTING PROGRAM
Knight-Ridder Newspapers |
Squeezed by an ongoing industrywide air-fare war, Northwest Airlines plans to launch a major program
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 19, 1992Prev. Life of Contr. OpenOpen High Low
SEA-LAND TURNS UP HEAT IN HAWAII TRADE
Allen R. Wastler |
Tight cargo flows and a drop in automobile shipments are tightening the competition between Sea-Land
Maritime
EC OFFICIAL: US MOVING TOWARD TAX ON ENERGY
(Reuter) |
The European Community's environment chief said Tuesday that the United States appeared to be moving
CROWLEY DEFENDS TARIFF-FILING SYSTEM AS FMC HEEDS OTHER LINES' COMPLAINTS
WILLIAM DiBENEDETTO |
A public gripe session about problems with the Federal Maritime Commission's new automated rate fili
Maritime
HOUSING SLUMP CALLED TEMPORARY
Knight-Ridder Financial |
The unexpectedly large slump in U.S. April housing starts was being called temporary, reflecting sli
PUBLISHER'S NOTEBOOK
Don C. Becker |
If Hollywood needed a perfect-looking international business executive, it's hard to imagine anyone
WORKER MANAGEMENT TEAMS VIOLATE LABOR LAW, JUDGE RULES
Andrea Knox |
In a decision that could have far-reaching implications for American companies, an administrative la
TRADE BRIEFS
Wire and Staff Reports |
US WARNS CITIZENS TO AVOID THAILANDWASHINGTON - The United States deplored the viole
Maritime
CANADA'S GRAIN EXPORTS LEAP THIS YEAR ON SALES TO CHINA
(Reuter) |
Canada, one of the world's largest grain producers, is seeing its exports soar toward record levels
ASIAN FUTURES
JOC Staff |
May 19, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
INSURANCE BRIEFS
Wire and Staff Reports |
CALIF. RULE CHANGES GO TOO FAR, NAII SAYSSACRAMENTO, Calif. - Proposed changes in Ca
HONG KONG CONTAINER VOLUME UP 25 PERCENT CONSORTIUM CONFIRMS TERMINAL PLAN
P.T. Bangsberg |
Port business in Hong Kong is off to another strong start this year, despite a comparatively slow Fe
Maritime
BRITISH AIRWAYS SAYS PROFIT MORE THAN DOUBLED FOR YEAR
(Reuter) |
British Airways PLC, flying higher than its rivals above the turbulence of recession and the Persian
MINISTERS STUDY ASIAN LANDBRIDGE AS ALTERNATIVE TO SIBERIAN SYSTEM
A.E. Cullison |
A new trans-Asian rail route to Europe via China and the Middle East is under consideration as an al
CGM PLANS N. AMERICAN PULLOUT
Alan Abrams |
Compagnie Generale Maritime, France's largest shipowner, is shutting down most of its North American
ICC DENIES MEXICAN REQUEST FOR US TRUCK OPERATING RIGHTS
Journal of Commerce Staff |
The Interstate Commerce Commission denied a request for interstate trucking authority by Transportes
CUSTOMS INTERCEPTS COCAINE IN NEW ORLEANS
Janet Plume |
For the second time this year, a huge cache of Colombian cocaine bound for Mexico has been intercept
Maritime
GASOLINE PRICES
JOC Staff |
May 19, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
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