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API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended3-13 3-6
NY POWER AUTHORITY SLAMS STATE BILL ON HYDRO-QUEBEC
Neil Springer |
In an unusually strong statement Tuesday, the chairman of the New York Power Authority blasted the s
SAILORS' UNION OKS FIRST NEW PACTS IN 7 YEARS WITH TANKER COMPANIES
Allen R. Wastler |
A West Coast sailors' union approved new contracts with three tanker companies this week, the first
Maritime
AFRICAN DEVELOPMENT BANK WILL FUND GOVERNMENT PROCUREMENT PROJECTS
Paula L. Green |
The African Development Bank said it will help finance government procurement projects, a move it ho
Maritime
CHINA LAUNCHES NATIONAL DRIVE FOR SHIPPING SAFETY
P.T. Bangsberg |
After fining an entire shipyard's work force for negligence that led to a fatal accident, China is m
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US, CHINA TO RESUME MARKET-ACCESS TALKSU.S. and Chinese trade officials will resume talks he
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Mar. 18, 1992 Copper Total, 28,432. Gold Total, .1,327,928.Silver Total, .283
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 211.56 off 0.41 which compares
AUSTRALIA'S TROUBLED PASMINCO LOOKS TO ASIAN GROWTH FOR RECOVERY HELP
James Glynn |
Troubled Australian lead and zinc giant Pasminco Ltd. is sharpening its focus on the fast-growing As
FIGHT TO RESUME IN SENATE ON BANK INSURANCE POWERS
Paul Dykewicz |
The battle over banks' rights to sell insurance products is likely to re- emerge shortly in the Sena
EAGLE STAR'S LOSSES WIDEN TO $683 MILLION
(Reuter) |
Losses at Eagle Star, an insurance company subsidiary of Britain's B.A.T Industries PLC, widened to
COMMODITY BRIEFS
Wire and Staff Reports |
FRENCH BANKS SIGN ROMANIA CREDIT PACTPARIS - A consortium of French banks signed the
PROSPECTS IMPROVING FOR IMF FUNDS INCREASE
Richard Lawrence |
Prospects appear to be improving that Congress will help clear the way shortly - perhaps within two
CHINA OVERCOMES STIFF COMPETITION TO WIN RAILCAR ORDER IN THAILAND
P.T. Bangsberg |
China signed a contract this week to sell more than 300 railcars to Thailand, which is desperately t
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
ENERGY BRIEFS
From Wire and Staff Reports |
MASS. EMISSIONS LAW COULD FACE DELAYSBOSTON - A key Massachusetts legislator said st
REPUBLIC HOGG ROBINSON EXPANDS WITH PURCHASE OF W. COAST BROKER
Brigitte Maxey |
Republic Hogg Robinson Inc., a Boston-based subsidiary of London broker Hogg Group PLC purchased a W
US AIDE DEFENDS JAPAN AUTO DEAL AGAINST CRITICS
John Zarocostas |
The United States Wednesday dismissed concerns by Australia and Canada that the recent deal between
Maritime
DET-TRONICS BUYS GAS DETECTOR TECHNOLOGY
JOC Staff |
Detector Electronics Corp., a hazard protection company, has acquired the Wright and Wright PathWatc
Maritime
CRUISE CONSOLIDATION SEEN AS FINANCING DWINDLES
Laura Myers |
By 2000, as few as three cruise lines could dominate the North American market with a combined share
Maritime
SOVIET DEMONSTRATION RAISES GHOSTS OF PAST
Duncan Robinson |
Strolling down Moscow's busy Tverskaya Street Tuesday, past the city's ubiquitous vendors, it seemed
Maritime
MASSPORT OFFICIALS WORRY ABOUT NEW STATE AGENCY
TOM McNIFF Jr. |
Alden Raine, Massachusetts Port Authority executive director, insists the Port of Boston's end is no
Maritime
XPORT WINS GRANT TO STUDY HOW TO CRACK JAPAN MARKET
Journal of Commerce Staff |
Xport, the Port Authority of New York & New Jersey-sponsored international trading company, won a $2
Maritime
JUDGE STILL DELIBERATING CRUM & FORSTER DECISION
Margo D. Beller |
A Texas state court judge has yet to decide whether to uphold a jury and force Crum & Forster Inc. t
PITTSTON INCREASES ITS EFFORTS TO DIVEST BURLINGTON AIR UNIT
Mark B. Solomon |
The chairman of Pittston Co. said Wednesday his company is holding talks to sell or spin off its Bur
GASOLINE PRICES
JOC Staff |
Mar. 18, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Mar. 17, 1992CRUDE OIL(1,000 barrels; dollars and cents
PHILLIPS CHIEF SAYS PRICE SHIFT APPEARS TO WORK AS PLANNED
Knight-Ridder Financial |
A recent crude oil pricing change made by Phillips Petroleum Co. appears to be working as expected,
MARITIME BRIEFS
From Wire and Staff Reports |
LLOYD WERFT TO BUILD FREEPORT SHIP FACILITYFREEPORT, Bahamas - The Grand Bahama Port Authori
Maritime
NY PORT AUTHORITY BONDS GARNER "AA-' FITCH RATING
Knight-Ridder Newspapers |
The Port Authority of New York & New Jersey's $97 million consolidated bonds, seventy-eighth series,
Maritime
TRADE BRIEFS
Wire and Staff Reports |
EC STUDY GROUP URGES CORPORATE TAX REFORMBRUSSELS, Belgium - A special EC study grou
CARRIERS SEE CONTINUED SOUTH AMERICAN BOX RALLY
Craig Dunlap |
After a decade on the critical list, the South American economies are perking up again and filling t
Maritime
TRANSPORT CALENDAR
JOC Staff |
International ocean and air transportation: planning, Negotiating and Managing the Move, March23-25,
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
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Mar. 18, 1992Bid AskedCopper_
US MAY DISCUSS QUOTAS, SALVADOR COFFEE AIDE SAYS
Knight-Ridder Financial |
U.S. officials are open to negotiating a return to a world coffee export quota regime at the next In
CANCER DRUG FROM TREES MAY SOON BE SYNTHESIZED
(Reuter) |
An important new cancer drug that until now could be extracted only from the bark of a rare Pacific
LYONDELL CUTS COST OF MAKING ISOBUTYLENE
JOC Staff |
Lyondell Petrochemical Co. has developed a new process for producing isobutylene at potentially half
COMMODITY BRIEFS
Wire and Staff Reports |
RUSSIA SAID TO REQUEST $600 MILLION IN CREDITSRussia has formally requested $600 million in
JAPANESE SUGAR TRADERS RAISE PRICE CONCERNS AMONG THAIS
Barry Hing |
The hopes of Thai shippers for higher raw sugar prices may be dashed by big Japanese traders, who ha
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