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JAPANESE OIL MERGER CALLED HARBINGER OF CONSOLIDATION
Rieko Suda |
The merger of Japan's Kyodo Oil Co. and Nippon Mining Co. is the first of what could become a wave o
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,200-$1,300 per ton lots & in warehouse min. 99.
CUSTOMS CHEMISTS: ENFORCERS IN LAB COATS
Pei-Tse Wu |
U.S. Customs Service chemists sharpened pencils instead of weapons guidance systems when they were s
UPHEAVAL IN FORMER USSR CREATES A WEALTH OF SHIPPING OPPORTUNITIES
Erich E. Toll |
The breakup of the Soviet Union seemingly has had little impact on shipping. But it's equally clear
Maritime
NAVIERAS VIOLATED LAW, PUERTO RICO REPORT SAYS
Robert P. Walzer |
Navieras de Puerto Rico Inc. and its operating company acted illegally in the $46.5 million rehabili
TRADE BRIEFS
Wire and Staff Reports |
LABOR LEADER URGES WAGE HIKES IN JAPANTOKYO - A Japanese trade union leader urged em
Maritime
WASHINGTON GROWERS, EXPORTERS UNITE ON AGRICULTURAL SHOW TO BOOST SALES
John Davies |
Growers from eastern Washington and trade groups from the Puget Sound region agreed Thursday to join
Maritime
SHIP BUREAU CHIEF REMAINS IN CONTROL DESPITE DISSENSION
Alan Abrams |
Frank Iarossi, the American Bureau of Shipping chairman, is not going anywhere. His bitter f
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
OPI SEEKS NOD TO SELL PIPE-LAYING BARGEJournal of Commerce StaffWASHINGTON - OPI Int
Maritime
ASIAN FUTURES
JOC Staff |
Mar. 12, 1992 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
MASS. COMP INSURERS AGREE TO DELAY RATE HIKE REQUEST
TOM McNIFF JR. |
Workers compensation insurers in Massachusetts have agreed to a state government request for a 60-da
S&P RAISES QUESTIONS ABOUT LLOYD'S LIQUIDITY
Brigitte Maxey |
Standard and Poor's Corp., a U.S. insurance rating agency, sounded warning bells when it reported th
RULING PARTY IN JAPAN OKS PROPOSAL TO HIKE ANTI-MONOPOLY LAW PENALTY
Nobuko Hara |
Japan's ruling Liberal Democratic Party (LDP) Thursday approved a Fair TradeCommission propo
Maritime
PORK COUNCIL DENIES INSIDE TRADING CHARGES
Knight-Ridder Financial |
The National Pork Producers Council, which has fought battles to gain access to foreign markets, den
LABOUR DENIES PLAN TO DEVALUE STERLING
Knight-Ridder Financial |
A U.K. Labour government would keep sterling's 2.95-deutsche-mark central rate when it moves the cur
Maritime
ANTWERP POSTS NEAR-RECORD CARGO VOLUME FOR QUARTER
Journal of Commerce Staff |
The Belgian Port of Antwerp reported near-record volume figures last year after a strong fourth quar
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1231 (Mar. 12, 1992) Previous day - 1231 The Baltic International Freight Futures Market in
Maritime
COLOMBIAN REBELS BOMB OIL PIPELINE
Knight-Ridder Financial |
Leftist guerrillas Wednesday dynamited Colombia's main oil export pipeline, the fourth such attack s
CONOCO, ITALIAN COMPANY PLAN TO SELL OIL PRODUCTS IN SPAIN
Knight-Ridder Financial |
Conoco Inc., a U.S. oil company, has signed a memorandum of understanding with the independent Itali
OHIO LAWMAKER PANS HEALTH CARE PROPOSALS
Paul Dykewicz |
One of the leading Republican voices on health care in Congress Thursday criticized all the major he
JAPANESE INTERVENTION FAILS TO STOP DOLLAR
Knight-Ridder Financial |
The U.S. dollar rose to a five-month high against the Japanese yen Wednesday after intervention in t
OLDER PILOTS CITE VITAL EXPERIENCE IN THEIR FIGHT TO KEEP FLYING
Steven Morris |
When pilot David Cronin felt the giant Boeing 747 lurch in the air after a takeoff from Honolulu thr
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
PUERTO RICO AUTHORITY'S MARAD REQUEST DRAWS FIRE WAIVER IS SOUGHT ON SUBSIDIZED SHIPS
WILLIAM DiBENEDETTO |
Operators in the U.S.-Puerto Rico trade are urging the Maritime Administration to deny the Puerto Ri
Maritime
AIRLINE DEREGULATION MOGUL PUSHES GREATER FOREIGN PRESENCE
William Armbruster |
The man who deregulated U.S. airlines in the 1970s now wants to ease restrictions on foreign investm
PEOPLE - TRADE
Wire and Staff Reports |
JOHN S. JAMES CO. (Savannah, Ga.) - McFarland Heard "Mike" Mikell Jr. joined the Charleston, S.C., i
Maritime
CANADA, CALIF. REGULATORS AGREE ON ACCESS TO NATURAL GAS PIPELINE
Pamela Conway |
A group of regulators from Canada and California have reached a tentative agreement aimed at resolvi
3 LATIN AMERICA FINANCE CHIEFS OFFER RECIPE FOR REFORM
(Reuter) |
Three Latin American finance officials, widely credited for helping ease their countries out of the
Maritime
LIMITED FUNDS CITED AS MAIN REASON FOR DENIAL OF INDIA WHEAT REQUEST
Knight-Ridder Financial |
Limited funding for the U.S. Export Enhancement Program, rather than concern over a reported donatio
LIBERTY MUTUAL TO LAY OFF 420 IN FINAL PHASE OF STAFF CUT
Journal of Commerce Special |
Liberty Mutual Insurance Cos., the nation's sixth-largest property/casualty insurer, will complete a
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended3-6 2-28
CHEMICAL BRIEFS
Wire and Staff Reports |
DU PONT SET TO BUILD EUROPEAN FACILITYWILMINGTON, Del. - Du Pont said it will construct a Eu
HOUSE VOTES TO OVERRIDE CHINA TRADE BILL VETO
Journal of Commerce Staff |
The House Wednesday voted 357-61 to override President Bush's veto of a bill putting conditions on t
FMC READY TO MOVE ON FREIGHT RATE PACTS
Tim Shorrock |
The Federal Maritime Commission is ready to take actions on freight rate contracts that a presidenti
BOEING COMPLETES DE HAVILLAND SALE
Journal of Commerce Staff |
Boeing Co. announced Tuesday the sale of its de Havilland subsidiary, which formally closed late Mon
TRANSPORT CALENDAR
JOC Staff |
Council of Logistics Management, North Texas round table, March 12. Doubletree Hotel at Park West, D
SOUTH KOREA SLOW TO OPEN FINANCIAL MARTS, US OFFICIAL SAYS
Knight-Ridder Financial |
U.S. officials hope they made some progress in talks Tuesday aimed at liberalizing financial markets
HILLS EXPRESSES ENTHUSIASM FOR BROADER ANTITRUST POLICY
Richard Lawrence |
U.S. Trade Representative Carla Hills Wednesday embraced a broader-reaching U.S. antitrust policy ai
Maritime
ENVIRONMENTALISTS MAKING A DENT IN CENTRAL AMERICA
Shelley Emling |
A growing and increasingly influential environmental movement is tightening its rein on the activiti
Maritime
ASIAN FUTURES
JOC Staff |
Mar. 11, 1992 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
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