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Platts Containers Update
SEA-LAND'S NEW SERVICE COULD DOUBLE VOSTOCHNY VOLUME, BOXPORT CHIEF SAYS
John Davies |
The general manager of the largest containerport in the Soviet Far East expects box volume to double
HIGHWAY BILL CLEARS HOUSE SUBCOMMITTEE
Geoffrey H. Brown |
A House subcommittee Tuesday approved a five-year, $153.5 billion transportation spending bill after
INSURANCE BROKERS PROPOSE LIMITS TO ANTITRUST IMMUNITY
Aviva Freudmann |
Large insurance brokers have joined large insurance companies in proposing a partial rollback of the
TRAVELERS CORP. ANTICIPATES FLAT INCOME FOR QUARTER
Knight-Ridder Financial Janet Aschkenasy, Journal of Commerce |
Travelers Corp. said Monday that it expects its second-quarter operating income to be "in the range
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CUSTOMS SYSTEM PROBLEMS POSE NEW DILEMMA FOR SHIP LINES
Tim Shorrock |
Ship lines calling on the West Coast are facing fines and legal headachesbecause of a gap in
US STILL OPPOSES ASIAN TRADE BLOC JAPANESE CLOUT SEEN REAL CONCERN
Mark Magnier |
The United States remains opposed to an East Asia Economic Grouping despite growing support for the
PEOPLE - TRANSPORT
Wire and Staff Reports |
TRANSCISCO INDUSTRIES (San Francisco) - Eugene M. Armstrong, a member of the board of directors sinc
FINANCIAL BRIEFS
From Wire and Staff Reports |
ISRAELIS REJECT LINKAGE OF SETTLEMENT, BOYCOTTJERUSALEM - Israeli business leaders Tuesday r
TRADE BRIEFS
From Wire and Staff Reports |
PHILIPS PLANS SALE TO DIGITAL EQUIPMENTEindhoven, Netherlands - Troubled Dutch electronics g
Maritime
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA 15th International Show of the Suppliers and Fashion Preview for the Leather a
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
COAST GUARD SUSPENDS SEARCH FOR CREWMANA search for a crewman missing since the collision of
Maritime
JAPAN'S FEED MILLS STEP UP PURCHASES OF AMERICAN CORN
Knight-Ridder Financial |
Japan's feed mills have started to step up new-crop bookings of American corn, purchasing between 30
COMMODITY BRIEFS
From Wire and Staff Reports |
EXCELLENT COTTON YIELD SEEN IN AUSTRALIASYDNEY, Australia - Australia's recently harvested b
CF LOSS WIDENS IN QUARTER ON EMERY RED INK, RECESSION PROFIT PREDICTED FOR THIRD QUARTER
Mark B. Solomon |
Consolidated Freightways Inc., hurt by a slumping economy, a tough rate environment and continuing l
SANTA FE CONSOLIDATION TO SHRINK STAFFS IN NEW MEXICO, KANSAS
John Boyd |
Atchison, Topeka and Santa Fe Railway Co. is shrinking its staff in Albuquerque, N.M. and Topeka, Ka
TRANSPORT BRIEFS
Wire and Staff Reports |
STRIKE PARALYZES UPS CANADA SERVICEOperations of United Parcel Service Canada Ltd. were para
CORN PRICES REACH LIMITS AS WEATHER PARCHES CROP
From Wire and Staff Reports |
Corn futures reached their daily limit in active, heavy trading Tuesday on concerns about the effect
US OFFICIALS CONSIDER ALLOWING IRAQ TO SELL A LIMITED AMOUNT OF OIL
From Wire Reports |
U.S. officials are considering easing sanctions against Iraq to allow it to sell a limited amount of
IBM PLANNING TO EXPAND OUTPUT IN CHINA, WITH EYE ON EXPORTS
P.T. Bangsberg |
International Business Machines Corp. plans to increase its investment in a Chinese joint venture an
Maritime
ASIAN FUTURES
JOC Staff |
July 23, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
MEXICAN DEREGULATION OF AIR CARGO LIKELY TO LEAD TO RATE HIKES
Mark B. Solomon |
The Mexican government has deregulated its domestic air cargo market, a move that experts say will l
EC COMMISSION EXPECTED TO OK AID PACKAGE FOR SABENA
Bruce Barnard |
The European Commission today is expected to approve the Belgium government's $1 billion aid packag
SENATE ACTS ON CHINA TRADE BILL
Journal of Commerce Staff |
The Senate voted Tuesday to demand still more policy reforms by China in return for keeping its acce
FLOODING, COMPANY DEFAULTS SPUR FEARS OF RENEWED HIGH INFLATION IN CHINA
P.T. Bangsberg |
China's central bank is bracing for intense pressure on resources to bail out defaulting companies a
OIL-DRILLING PLAN TESTS PERU'S STANCE ON ENVIRONMENT
David L. Marcus |
Amid the swamps of the Pacaya-Samiria Reserve, the largest park along Peru's Amazon, dolphins and ma
US COAL EXPORTER DECIDES TO USE ST. LAWRENCE SEAWAY
Leo Ryan |
A U.S. coal producer's decision to ship low-sulfur Western coal through the St. Lawrence Seaway to E
Maritime
UK MINISTER REJECTS MACSHARRY REFORMS
Knight-Ridder Financial |
A plan espoused by European Community Agricultural Commissioner Ray MacSharry is not the right means
CHINESE ANTICIPATE GOOD HARVEST
Knight-Ridder Financial |
Summer crop harvests, already started in many areas of China, are expected to be good despite devast
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 23, 1991Brent Crude Oil - (Dollars Per Barrel)
DAILY PETROLEUM PRICES
JOC Staff |
Monday July 22, 1991 Prevailing sellers' posted prices at the close of business, representin
IBERO-AMERICAN SUMMIT SPURRED TRADE ACCORDS
Alva Senzek |
The first Ibero-American summit conference ended here last week with the signature of a 10-page join
Maritime
RAIL REPORT MAY END INDUSTRYWIDE BARGAINING
Geoffrey H. Brown |
Industrywide bargaining between railroads and unions could be a casualty in the wakeof a special gov
CITICORP, CHASE SEEK NEW PROFIT SOURCES IN ENERGY FUTURES
Pamela Conway |
Moves by Citicorp and Chase Manhattan Bank to break into the energy futures business are likely the
TRADE MISSIONS
JOC Staff |
TO THE UNITED STATES/CANADA BANGLADESH. Early September. Washington, San Francisco and New O
Maritime
MARITIME UNION LEADERS ESCALATE FIGHT, ORDER MISCONDUCT TRIAL FOR INSURGENTS
Tim Shorrock |
The bitter dispute in one of the nation's largest maritime unions took another wild turn Friday when
Maritime
USSR GRAIN IMPORTS MIGHT TOP ESTIMATE
Knight-Ridder Financial |
Given adequate credit, the U.S.S.R. could import "in excess of 40 million (metric) tons" of grain th
FREIGHT RATE FUTURES
JOC Staff |
July 22, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
COST OF CREDIT
JOC Staff |
Mon., July 22, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
INDONESIAN EXECUTIVE SEES RAPID GROWTH IN CONTAINER SHIPPING
P.T. Bangsberg |
A surge in overseas investment in Indonesian industry will translate into growth in the container sh
Maritime
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