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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
ENERGY BRIEFS
From Wire and Staff Reports |
OIL EXPORTERS EXEMPTED FROM RUSSIAN LEVIESYegor Gaidar, Russian first deputy prime minister,
AUSTRALIA OFFICIAL: PESSIMISM CRIMPS COAL INDUSTRY
Knight-Ridder Financial |
Undue pessimism in Australia's coal industry is hindering its growth, according to Simon Crean, Mini
EUROPEAN PARLIAMENT TO STUDY BOYCOTT OF ISRAEL
Joel Bainerman |
Israel scored a major breakthrough in its more than 50-year battle against the Arab boycott, as the
Maritime
B+H OCEAN CARRIERS POSTS DROP IN PROFIT
JOC Staff |
B+H Ocean Carriers Ltd. Monday reported net income of $745,000, or 18 cents a share, for the first q
Maritime
ENVIRONMENTAL UNDERWRITERS PEDDLE EXPANDED PRODUCTS
Janet Aschkenasy |
Executives who have given up on insuring potentially disastrous environmental risks might take a sec
SPOT COMMODITIES
JOC Staff |
May 11, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
NORWAY SETS SIGHTS ON EXPORTING OIL SAVVY, ENERGY OFFICIAL SAYS
Arthur Gottschalk |
Norway, which produces enough oil from its difficult North Sea waters to rank it fifth in world crud
STEAMSHIP LINES BECOME ENSNARLED IN MEBA BATTLE
Tim Shorrock |
The struggle for control of one of the country's largest maritime unions escalated over the weekend
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/11 5/8 Change % Change: 4/17
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 11, 1992Prev. Life of Contr. OpenOpen High Low
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 208.23 up 0.04 which compares wi
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
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