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SUN INCREASES HEATING OIL DISCOUNT
Knight-Ridder Financial |
Sun Refining and Marketing Wednesday increased its heating oil price discount to the prevailing cash
THAI MILLS WITHHOLD SUGAR SALES FROM MARKET
Barry Hing |
Thailand's sugar mills, in search of higher prices, continue to hold back on sizable new sales, whil
GATT PANEL RULES FOR US IN NORWAY PROCUREMENT CASE
John Zarocostas |
Norway agreed Wednesday to bring its procurement policies in line with global rules after an interna
COST OF CREDIT
JOC Staff |
Wednesday, May 13, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
AEROFLOT VENTURE MAY TAKE OFF BY END-YEAR AS PLAN SAILS ALONG
John Boyd |
A proposed Aeroflot worldwide cargo operation based in Columbus, Ohio, is moving much faster than fi
FEDEX URGES RETALIATION AGAINST BIASED NATIONS
Mark B. Solomon |
The chairman of Federal Express Corp. Wednesday called for strong sanctions against countries whose
PEOPLE - CHEMICALS
Wire and Staff Reports |
DU PONT MERCK PHARMACEUTICAL CO. (Wilmington, Del.) - Pieter Timmermans was appointed vice president
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
JAPANESE INVESTORS EXPECTED TO BUY CANADIAN DOLLARS
Knight-Ridder Financial |
Japanese institutional investors are likely to buy Canadian dollars soon in order to unwind hedges,
COMMODITY BRIEFS
Wire and Staff Reports |
ALCAN WORKERS ACCEPT 3-YEAR LABOR CONTRACTUnionized workers at Alcan Aluminium Ltd.'s Quebec
COURT REFUSES TO REVIEW CLEANUP RULING
From Wire Reports |
A U.S. Court of Appeals judicial panel denied petitions by an industrial company to revisit a prior
INSURANCE BRIEFS
Wire and Staff Reports |
NY STATE IMPLEMENTS LIVING BENEFITS RULESThe New York State Insurance Dept. has promulgated
US GROUPS WANT TO END PREFERENCES FOR GUATEMALA
Shelley Emling |
U.S. labor and human rights groups visiting Guatemala this week said they will petition the U.S. Off
Maritime
CORN PRICES COULD DROP WITH NORMAL WEATHER
Samuel C. Nelson |
If the Midwest faces normal weather conditions this summer, corn prices could sag to levels that enc
PANEL CHAIRMAN URGES WHITE HOUSE TO MAKE MAJOR MARITIME STATEMENT
WILLIAM DiBENEDETTO |
The chairman of a Senate maritime panel warned two Bush administration officials Wednesday that next
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
ALASKA LAWMAKERS PASS OIL SPILL BILL, ASSIGN CLEANUP DUTIES TO ALYESKA
(Reuter) |
Alaska lawmakers passed legislation late Tuesday assigning legal responsibility for oil spills, clea
Maritime
US, MEXICO SCURRY TO SOLVE FREE-TRADE STICKING POINTS COMPREHENSIVE NEGOTIATIONS WIND DOWN
Charles W. Thurston |
The United States and Mexico are determined to avoid another round of comprehensive talks prior to a
HARPER REGISTERS 10 PERCENT GAIN IN 1ST-QUARTER PROFIT
Allen R. Wastler |
Harper Group announced a 10 percent increase in net income for the first quarter of 1992, compared w
MOOSEHEAD BEER CRASHES BARRIERS TO REST OF CANADA
Leo Ryan |
One of Canada's most archaic interprovincial trade barriers is coming down at last, allowing the pop
Maritime
EC LIKELY TO ADDRESS TRANSPORT LIBERALIZATION IN '93
Janet Porter |
Liberalization of Europe's transport industries is likely to climb up the political agenda next year
COTTON SHIPPERS FAIL TO UNITE ON TIMING OF NEW RATES
Alan Salomon |
Major U.S. cotton shippers, knowing they face rate increases later this yearfrom shipping li
Maritime
MINNESOTA COMPANIES ARE WARY OF RUBLES
Lee Egerstrom |
Former Soviet republics are preparing to start trading rubles and national currencies on world marke
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 13, 1992 Prices in the spot chemicals table include spot quotations or list prices
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
GROUP INVITES STUDIES ON PORTS, WATERWAYSThe National Transportation Board's Committee on Po
Maritime
COAL EXPORT PROSPECTS DIM FOR LAKES PORTS
Tim Sansbury |
The Great Lakes shipping industry appears unlikely to get a boost this yearfrom Western coal
ALUMINUM MAKERS IN QUEBEC UNEASY OVER US ACTION AGAINST NORSK HYDRO
Leo Ryan |
Foreign aluminum companies in Quebec are looking anxiously over their shoulders at recent trade acti
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
COST OF CREDIT
JOC Staff |
Tuesday, May 12, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
THE ECONOMY
JOC Staff |
WHOLESALE PRICES Monthly change Apr. Mar.Finished goods +0.2% +0.2%
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended May 2, 1992, vs. Similar 1991 Period Cars CarsLoaded LoadedC
FINANCING TRADE - GORDON PLATT HUNGARY MAY BECOME FULL MEMBER OF EC SOONER THAN EXPECTED
Gordon Platt |
Hungary's full membership in the European Community "is now inevitable and will likely take place mu
UTU DROPS APPEAL, SEEKS TO NEGOTIATE WITH BURLINGTON NORTHERN ON WORK RULES
Lawrence H Kaufman |
The United Transportation Union dropped its appeal Tuesday of a federal suit to block Burlington Nor
INSIDE TALK - LARRY KAUFMAN BATTLE WITH BN IS ONE THE UTU MAY NOT WANT TO WIN
Larry Kaufman |
It's always interesting and occasionally informative to observe the difference between reality and r
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
*SPOT COMMODITIES
JOC Staff |
May 12, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
LESSORS FILLING MORE OF THEIR FLEETS WITH SPECIALIZED BOXES, REPORT SAYS
Peter M. Tirschwell |
Reefers, tanks, open-tops and other specialized containers represent a substantial and growing porti
Maritime
SEAESCAPE, CREDITORS AGREE ON PLAN TO AVERT BANKRUPTCY
Knight-Ridder Newspapers |
SeaEscape and its creditors have tentatively agreed on a plan that will push the one-day cruise line
Maritime
JAPANESE UNSUCCESSFUL IN HUNT FOR ALTERNATIVE TO US COTTON
Knight-Ridder Financial |
Some Japanese mills are fishing around for Chinese cotton prices and are not happy with their findin
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