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TRANSPORT BRIEFS
From Wire and Staff Reports |
PORTUGAL PLANS TO SELL 49 PERCENT OF NATIONAL AIRLINEPortugal has announced plans to
SEVERE DROUGHT IN SOUTH AFRICA MAY TRIGGER IMPORTS OF WHEAT
Knight-Ridder Financial |
South Africa's Wheat Board may have to import as much as 1 million metric tons of wheat next season
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 208.04 off 0.19 which compares w
ASIAN FUTURES
JOC Staff |
May 12, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
INSURANCE BRIEFS
Wire and Staff Reports |
HAIL, WIND DAMAGE TEXAS, OKLA. PROPERTYSevere hail and thunderstorms swept through north Tex
MARAD OKS ALPHA REGISTRY TRANSFER
JOC Staff |
Alpha Marine Services Inc. of Galliano, La., received approval from the Maritime Administration to t
Maritime
BILLIONS IN US FUNDS FOR TRANSPORT GO UNCLAIMED
Ira Rosenfeld |
More than half the $16 billion authorized by Congress for this fiscal year to help jump-start the ec
LINES HIRE ENGINEERS FROM EVICTED MEBA UNIT CULLISON FACTION CRITICIZES ACTION
Tim Shorrock |
Shipping lines calling at Seattle and Houston continued to accept marine engineers dispatched by a m
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
PERDUE FARMS OPTS FOR BREAKBULK IN E. EUROPE TRADE
Craig Dunlap |
Perdue Farms Inc. isn't forswearing the use of containers for its poultry products exports, but the
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
USDA ENDS GUARANTEE OF CREDIT FOR KUWAITThe U.S. Department of Agriculture Tuesday said that
OMANI ADVISER: PRODUCERS SHOULD ADMINISTER LEVY
Mark Magnier |
Members of the Organization of Petroleum Exporting Countries and other oil producers should administ
UN AGENCY REPORT URGES GOVERNMENTS TO ACT ON POLLUTION
John Zarocostas |
A United Nations report warns that ecological destruction of the planet will be beyond control "unle
PLENTIFUL GASOLINE STOCKS SEEN FOR SUMMER SEASON
Knight-Ridder Financial |
U.S. gasoline supplies are forecast to be "plentiful" for the summer driving season because more fue
INDUSTRY COALITION FRETS OVER JOB LOSSES RESULTING FROM WAR ON GLOBAL WARMING
Tim Sansbury |
U.S. industries opposed to congressional initiatives to combat global warming Tuesday zeroed in on j
BUSINESSES QUESTION RUBLE CONVERTIBILITY PLAN
Duncan Robinson |
Businesses here welcomed the promise of a convertible ruble but questioned the Russian government's
LLOYD'S LOSSES COULD AFFECT CONSERVATIVE MAJORITY
Wire and Staff Reports |
Continuing criticism of Lloyd's of London has ramifications even in the halls of the British Parliam
THIRD LITTON-BUILT WASP-CLASS SHIP WILL BE CHRISTENED THIS WEEKEND
From Wire Reports |
The third ship in the new Wasp-class of multipurpose amphibious assault vessels being built for the
Maritime
ARAMCO TO EXPAND AT PORT OF YANBU
Knight-Ridder Financial |
Saudi Arabia's national oil company Aramco plans to expand capacity at the Port of Yanbu, adding a f
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US, EC TO INTENSIFY BILATERAL TRADE TALKSALVOR, Portugal - The European Community an
Maritime
TRADERS SAY SPECULATORS SPARKING TIN PRICE SURGE
Jon Cox |
Speculative buying by commission houses and London dealing houses is the main catalyst for the recen
GASOLINE PRICES
JOC Staff |
May 12, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
EC EXECUTIVE SEEKS TO IMPOSE ENERGY TAX TO CURB EMISSIONS
Bruce Barnard |
The European Community Commission today will ask EC governments to levy an energy tax, equivalent to
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday May 12, 1992 Prevailing sellers' posted prices at the close of business, representin
CHEVRON SHIPPING LOSES LAUNCH CAPTAIN BATTLE
Allen R. Wastler |
The shipping arm of a major oil company has lost its battle with a sailor's union over launch captai
Maritime
BUSH AIDE URGES PROBE OF HEALTH-CARE COSTS
Paul Dykewicz |
The White House's top health-care adviser said Tuesday that health-care reform efforts should focus
HAPAG-LLOYD CHAIRMAN SEES DOWNTURN FOR LINER SHIPPING
Janet Porter |
The return to profitability for Hapag-Lloyd's liner shipping division may prove to be short-lived, s
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
OMI REPORTS DROP IN FIRST-QUARTER PROFITNEW YORK - Amid tough times for all bulk shi
Maritime
DOLLAR TRADES MIXED MARKET WATCHES EUROPE
Knight-Ridder Financial |
The U.S. dollar was mixed Monday, while the market focused on European currencies. Dealers s
PASSENGER, CARGO TRAFFIC UP AT UNITED
JOC Staff |
United Airlines reported that its total scheduled revenue passenger-miles increased 4.3 percent in A
BOUTROS-GHALI, BUSH TO CONFER
JOC Staff |
Secretary-General Boutros Boutros-Ghali will confer with President Bush at the White House today dur
Maritime
RAIL'S PLAN TO ACQUIRE WIS. LINES SPLITS SHIPPERS
Patricia Crisafulli |
Shippers are on different tracks regarding Wisconsin Central Transportation Corp.'s proposed purchas
ICC SHOOTS DOWN TRUCK INTERESTS IN APPEAL OF PA. REGULATION CASE
Geoffrey H. Brown |
Goods carried across state lines by a private trucking company remain in interstate commerce even if
PHILADELPHIA TERMINAL EXPANSION DESIGNED TO BOOST FRUIT BUSINESS
Journal of Commerce Staff |
The Port of Philadelphia will have nearly a quarter-million square feet of cold-storage capacity for
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 11, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
SALES OF HEAVY TRUCKS JUMP 34.2 PERCENT
Michael S. Lelyveld |
The heavy truck industry broke out of its three-year slump with a bang as April sales soared an esti
PRIVACY RIGHTS ADDRESSED IN PROPOSED DIRECTIVES
Journal of Commerce Staff |
DATA PROTECTION The proposed data protection directive seeks to harmonize the level of prote
JOFC INDEX SIGNALS MODEST INFLATION
Howard Simon |
The Journal of Commerce Industrial Price Index has been edging up, indicating that prices of basic i
REBOUND AT LINER DIVISION BOOSTS HAPAG-LLOYD
Janet Porter |
Hapag-Lloyd AG's liner shipping division came out of the red in 1991, helping the German shipping an
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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