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TRANSPORT BRIEFS
From Wire and Staff Reports |
DELTA BEGINS SERVICE BETWEEN LA, FRANKFURTDelta Air Lines inaugurated daily non-stop service
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May. 11 1992 Prices in the spot chemicals table include spot quotations or list prices
US INDICTMENTS SMALL PART OF EFFORT AGAINST CHINA
(Reuter) |
Recent U.S. indictments charging Chinese businessmen with avoiding import duties are only a small pa
Maritime
CONOCO SEEKS STAKE IN POLISH REFINERY
Michael J. Strauss |
Conoco Inc. plans to sell refined oil products in Poland and is negotiating to acquire an interest i
BRAZIL COFFEE GROWERS URGE ACTION TO BUOY PRICES
Knight-Ridder Financial |
Despite government attempts to relieve cash-strapped coffee growers by rolling over their debts and
RATES SOAR FOR MARITIME INSURANCE COVERAGE NEW APPLICANTS FACE REJECTIONS
Paul Dykewicz |
Maritime industry insurance premiums are skyrocketing and companies are refusing to provide certain
GULF PORTS PLAN TO HIKE DOCK FEES LATER THIS YEAR
Janet Plume |
Ports across the Gulf of Mexico are expected to raise dockage fees later this year in a move to alig
Maritime
SEDCO PHILLIPS ALLOWED TO SELL DRILLING UNIT
Journal of Commerce Staff |
Sedco Phillips Offshore Drilling Co., a Delaware partnership, received Maritime Administration appro
Maritime
EC BRACES FOR FIGHT OVER MAJOR HIKE IN BUDGET LENGTHY BATTLE SEEN LIKELY
Bruce Barnard |
European Community foreign ministers Monday braced for protracted bargaining over the EC Commission'
QUALITY IS THE TICKET
Journal of Commerce Staff |
The 19th annual South Carolina International Trade Conference will be devoted to quality management.
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 2, total piggyback freight hauled on the nation's major railroads equaled 130
SETTLEMENT BANK RULE REVIEW URGED
Knight-Ridder Financial |
A senior World Bank official said Monday that standards of the Bank for International Settlements sh
TRADE BRIEFS
Wire and Staff Reports |
NIGERIA, ISRAEL RENEW DIPLOMATIC RELATIONSABUJA, Nigeria - Nigeria and Israel restor
Maritime
FORMOSA PLASTICS PREDICTS RISE IN ITS US SALES
Journal of Commerce Special |
Formosa Plastics Corp. expects an increase in its U.S. sales with the completion this year of petroc
HONG KONG BANKS CITE '91 PROFIT
Knight-Ridder Financial |
Hong Kong's banking industry had an "exceptionally" profitable year in 1991, said David Carse, the c
INDUSTRY BAILOUT SOUGHT FOR MUTUAL BENEFIT LIFE
Margo D. Beller |
The rehabilitator of New Jersey-based Mutual Benefit Life Insurance Co. is looking to individual ins
GOLD IS EXPECTED TO STAGE A COMEBACK IN SECOND HALF
Howard Simon |
Gold prices are reaching the bottom of a three-year decline that will push prices higher late this y
NEW ORLEANS CLUB TO HONOR DELESDERNIER
Journal of Commerce Special |
Capt. Mark Delesdernier Jr. will be named 1992 Maritime Man of the Year at the annual banquet of the
Maritime
JOFC AVAILABLE IN NEW VERSION
JOC Staff |
The CDROM version of The Journal of Commerce is now available exclusivelyfrom Dialog Informa
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 11, 1992Brent Crude Oil - (Dollars Per Barrel)_
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 11, 1992Bid AskedCopper_G
DAILY PETROLEUM PRICES
JOC Staff |
Monday May 11, 1992 Prevailing sellers' posted prices at the close of business, representing
PRIVATE HEALTH REFORMS PREFERRED BY EMPLOYERS
JOC Staff |
U.S. employers believe non-government solutions will go further toward solving the health care cost
GLOBAL WARMING TREATY SPARES ENERGY INTERESTS _ FOR NOW
Tim Sansbury |
U.S. oil and coal producers, railroads, utilities and manufacturers dodged a bullet in the just-comp
FRENCH DOCKWORKERS LAUNCH SEVEN-DAY STRIKE
Barbara Casassus |
French ports may take a year or more to recover lost business, a leading French shipowner warned Mon
Maritime
EMISSIONS PACT UNLIKELY TO AFFECT JAPAN
Knight-Ridder Financial |
An accord to limit the emission of greenhouse gases in order to curb global warming is seen having l
CARD INVITES STATE PROPOSALS ON INTERMODAL PROJECTS
Journal of Commerce Staff |
Secretary of Transportation Andrew H. Card Jr., in a letter to each of the nation's 50 governors, Mo
CORRECTION
JOC Staff |
Norfolk Southern Corp. has talked in the past with Amtrak, New York state and the Long Island Rail R
GERMANY RESCHEDULES BULGARIAN DEBT
JOC Staff |
Germany rescheduled US$82.17 million (135 million deutsche marks) in Bulgarian debt that was due Mar
ASIAN FUTURES
JOC Staff |
May 11, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Exchange
SPOT PRODUCT PRICES
JOC Staff |
May 11, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots & in
SARA LEE KNIT PRODUCTS EXPANDS TO SHARPEN ITS COMPETITIVE EDGE
Craig Dunlap |
None of the additional yarn produced will be sold overseas, but Sara Lee Knit Products officials bel
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
PERUVIAN MINERS RATIFY AGREEMENT TO STRIKELIMA, Peru - Members of Peru's National Federation
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange May 8, 1992CRUDE OIL(1,000 barrels; dollars and cents p
INSURANCE STUDY WARNS OF "SOFT MARKET' PERILS
Brigitte Maxey |
A recent insurance department study on New York-based commercial property and casualty markets said
IMPORT FREIGHT RATES EDGED UP IN 1ST QUARTER
WILLIAM DiBENEDETTO |
Liner freight rates on cargo coming into the United States showed a perceptible 0.2 percent gain dur
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 11, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
RAIN COULD DROP US WHEAT FUTURES TO $3.50 A BUSHEL
Janell Good Aust |
U.S. wheat futures could fall about 20 cents to test the $3.50 per bushel level if much-needed rain
GERMAN ADVISES REALIGNMENT OF EXCHANGE RATE MECHANISM
Knight-Ridder Financial |
German opposition official Norbert Wieczorek said Monday a realignment of the exchange rate mechanis
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