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PEOPLE - MARITIME
From Wire and Staff Reports |
Robin Cornish was named general manager of marketing and pricing for the ship line's North Europe/Un
Maritime
MIGHT AS WELL FACE IT: WE'RE ADDICTED TO OIL, AUTHOR SAYS
Fred Tasker |
Author Daniel Yergin scolds us gently, calling the modern U.S. consumer merely ''the Hydrocarbon Man
GAO ADVISES SCRAPPING RESERVE SHIPS RAPIDLY
WILLIAM DiBENEDETTO |
A congressional investigating agency says the nation's ancient fleet of mothballed cargo vessels no
Maritime
MORE INDIAN COTTON NEEDED, EXPORTERS SAY
Knight-Ridder Financial |
Textile lobbies have mounted pressure on the government to restrict the export of cotton in the 1991
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 5, 1991CRUDE OIL(1,000 barrels; dollars and cents
ASIAN FUTURES
JOC Staff |
July 8, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
PEMEX DIRECTOR WALKS TIGHTROPE
John Maggs |
Francisco Rojas, chief executive of the state-owned Petroleos Mexicanos SA, is walking a tightrope i
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
DON'T BLOW THE WHISTLE, but don't hit anyone either. That's what the Florida Legislature in
DOLLAR TO MAINTAIN STRENGTH, BUT NO SHARP GAINS SEEN
Gordon Platt |
The U.S. dollar will remain strong in the week ahead but is unlikely to rise sharply unless fighting
CALIF. APPROVES NATURAL GAS PROGRAMS
From Wire Reports (Reuter) |
The California Public Utilities Commission last week unanimously approved funding for two of the lar
PANEL SET TO DEBATE BILLS TO END YARD SUBSIDIES
WILLIAM DiBENEDETTO |
While U.S. legislation under discussion this week aims to end foreign shipbuilding subsidies, its gr
Maritime
JAPAN PROMISES ACTIONIF MISSILE SALES ILLEGAL
A.E. Cullison |
A major Japanese manufacturer of missile parts suspected of illegally shipping crucial components to
Maritime
UK, FRENCH FARMERS REJECT EC REFORMS
Knight-Ridder Financial |
The U.K. National Farmers Union and its French counterpart FNSEA have rejected new wide-ranging meas
WILLIS CORROON PLC RELOCATING PART OF HEADQUARTERS TO TENN.
Janet Aschkenasy |
Multinational insurance broker Willis Corroon PLC is relocating part of its U.S. headquarters from N
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
JULY 5, 1991 OPEN INTEREST AND SALES - JULY 3, 1991Prev. Life of Contr. OpenHigh
COMEX METAL WAREHOUSE
JOC Staff |
July 5, 1991 Copper Total, 27,371. Gold Total, .1,781,699.Silver Total, .27
PEOPLE - TRANSPORT
From Wire and Staff Reports |
Amy J. Millman was named director of legislatives affairs, specializing in tax policy issues.
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCSDoing Business in Eastern Europe. July 29-30: Boston. Contact Sharon Mazur, Ha
Maritime
CARICOM NATIONS GEAR UP FOR ROLE IN PROPOSED INITIATIVE FOR AMERICAS
(Reuter) |
Reluctant to remain "a blip on the economic radar screen," the Caribbean Community last week moved t
Maritime
WORLD BANK AGENCY INCREASES SUPPORT FOR INVESTMENT
Richard Lawrence |
The World Bank's Multilateral Investment Guarantee Agency is gradually increasing its supporting rol
Maritime
BCCI LOSS CONCEALMENT LED TO UK SUSPENSION
Knight-Ridder Financial |
Bank of Credit and Commerce International, whose activities were suspended Friday because of fraud,
CREDIT CRUNCH PUTS BRAZIL COCOA TRADE VIRTUALLY IN LIMBO, EXPORTERS SAY
Elizabeth Herrington |
A lack of industry credit, affecting the entire cocoa chain from growers to exporters, has virtually
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 5, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 21.95
MAERSK'S PHILA. MOVE COULD HELP PORT CORNER LIQUOR MART
Leeann Lodder |
Maersk Inc.'s transfer of its operations from a terminal in New Jersey to one across the river could
Maritime
RASH OF CHAPTER 11 FILINGS POSES DILEMMA FOR LESSORS AGGRESSIVE TACTICS ON JET DEALS DEBATED
Ira Breskin |
How much leverage should aircraft lessors, major creditors, exert to exact payment from a cash-strap
US TO TELL SEOUL: OPEN UP TRUCKING OR FACE SHIP FEE
Robin Bulman |
Two days of maritime talks open here today with the United States hoping toput trucking at t
EAST EUROPEANS RAPIDLY EXPAND INTO AIR FREIGHT TRANSSHIPMENT
Phillip Hastings |
Bulgaria, Czechoslovakia and Poland have joined the growing number of East European countries seekin
OIL TANKER SHORTAGE HITS WEST COAST
Bill Mongelluzzo |
A shortage of tankers on the West Coast is disrupting exports of fuel oil, gasoline and other refine
INSURERS OF PETROCHEMICAL PLANTS SEEK BIG RATE HIKES
Lorraine Iannello |
Some insurers of U.S. petrochemical plants and oil refineries, reeling from more than $1 billion in
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CURRENT ACCOUNT SURPLUS IN JAPAN SHOWS A RISEJapan posted an unadjusted current account surp
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
PETROLEUM MARKETERS APPLAUD NY'S NEW TAX ON NATURAL GAS
Arthur Gottschalk |
A natural gas tax which took effect July 1 has helped to ease an unfair disparity in state energy ma
DOCKER STRIKES CONTINUE AT VITORIA, BAHIA PORTS
Knight-Ridder Financial |
Dockworkers at Brazil's Vitoria coffee port and Bahia cocoa and petrochemical ports continued their
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
HARPER GROUP CUTS STAFF TO STREAMLINE COMPANY OPERATIONS
Allen R. Wastler |
Harper Group, a large ocean and air freight forwarder and customs broker, laid off about 70 people a
Maritime
GAO REPORT URGES TOUGHER REGULATION OF TOXIC CHEMICALS
Journal of Commerce Staff |
Congress should amend environmental regulations to require federal facilities, which are now exempt,
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,315-$1,325 per ton lots & in warehouse min. 99.
ASIAN FUTURES
JOC Staff |
July 5, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
ARGENTINA TO REPLACE AUSTRAL IN MOVE TO STABILIZE ECONOMY, WOO INVESTORS
Larry Luxner |
Fed up with 20,000-austral Coca-Colas and million-austral hotel bills, the Argentine government has
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
FEDERAL EXPRESS BEGINS NEW EUROPEAN SERVICEFederal Express Corp. has introduced overnight ex
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