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BRITAIN'S LEP GROUP MERGES NORTH AMERICAN SUBSIDIARIES SOME SERVICES MIGHT BE REDUCED
Mark B. Solomon |
British transport conglomerate LEP Group PLC is merging its two North American transport divisions,
MONSANTO PLANS CONSOLIDATION
Journal of Commerce Staff |
Monsanto Co. of St. Louis said it will consolidate some of its chemical operations, involving the cl
QUANTUM TO TAKE $24 MILLION CHARGE
Knight-Ridder Financial |
Quantum Chemical Corp.'s decision to shut down three plants and cut 300 of its staff will result in
EGYPT PLANS COTTON DECONTROL
Knight-Ridder Financial |
The Egyptian government will deregulate its state-run cotton sector by 1997 and allow farmers to sel
SALVAGE COMPANY SAYS INDUSTRY SHOULD SPARK SAFETY EFFORTS
Janet Porter |
Efforts to clean up the shipping industry and improve safety will have to come first from the commer
Maritime
INSURERS, AGENTS UNHAPPY WITH BANKING BILL
Aviva Freudmann |
Bullets that life insurers and agents had dodged in the House Banking Committee's financial institut
DAILY PETROLEUM PRICES
JOC Staff |
Friday June 28, 1991 Prevailing sellers' posted prices at the close of business, representin
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 28, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 21.9
NEW SERVICE STARTS BETWEEN SOUTH AMERICA, MEDITERRANEAN
Barbara Casassus |
Mediterranean Express Container Service, a service between the South American east coast and the Med
Maritime
JOINT VENTURE TO OPERATE CROWN CRUISE
JOC Staff |
Commodore Cruise Line is taking over marketing of Crown Cruise Line and has acquired a 50 percent st
Maritime
US IMPORTS OVERFLOW APL SHIPS
Allen R. Wastler |
Two high-speed container cranes are busy jamming containers into the hold of this huge ship. Capt. P
COMECON DISMANTLED AMID COLLAPSING TRADE
(Reuter) |
Ministers from the Comecon trade group dissolved the former East bloc's economic arm Friday, amid a
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
DRILLING IS FINISHED ON CHANNEL TUNNELSANGATTE, France - A giant machine broke through the l
COMMODITY BRIEFS
From Wire and Staff Reports |
TAIWANESE CRUSHERS PLAN OIL PLANT IN CHINATAIPEI, Taiwan - A joint venture company formed by
BARRY PARKER'S FUTURES AND SHIPPING
Barry Parker |
OCEAN FREIGHT FUTURES PRICES remained firm last week but failed to remain above the 1630 level in th
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
SOVIET OIL DISTRIBUTOR TO HALVE CRUDE SALESThe Soviet state-run oil distributor Rosnefteprod
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 27, 1991CRUDE OIL(1,000 barrels; dollars and cents
SPOT COMMODITIES
JOC Staff |
June 28, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 28, 1991 Prices in the spot chemicals table in clude spot quotations or list pric
US EXPORT GAIN MAY SLOW RISE IN CHINA TRADE DEFICIT AGENCY RELEASES 1991 FORECAST
Richard Lawrence |
U.S. officials predict the nation's merchandise trade deficit with China will grow again this year b
CANADA'S VANCOUVER PORT INTRODUCES BOX REBATES
John Davies |
The Port of Vancouver, British Columbia, today will begin rebating up to 50 percent of its container
Maritime
EASTERN GERMAN RAILWAY SEEKS NEW INTERMODAL ROUTE TO USSR BALTIC UNREST COULD HIT SHIPMENTS
Miriam Widman |
The tension between the central Soviet government and the Baltic Republics has prompted the east Ger
SOFTWARE EXPORTS FROM INDIA BOOMED LAST YEAR US COMPANIES SHARE IN 40 PERCENT INCREASE
N. Vasuki Rao |
Exports of computer software shot up more than 40 percent in the fiscal year through last March 31 t
Maritime
HONG KONG AIRPORT: IS IT WORTH THE CONTROVERSY?
(Reuter) |
Experts are having second thoughts about an ambitious plan for a new Hong Kong airport that has badl
BUSH, KOREAN PRESIDENT TO DISCUSS CHANGING ECONOMIC, MILITARY RELATIONS
Robin Bulman |
President Roh Tae Woo meets President Bush Tuesday at a time of transition in economic and military
Maritime
THAILAND TO BOOST SOY PRODUCTION
Knight-Ridder Financial |
Thai soybean production will increase 25 percent in 1992 through government programs to expand plant
HOWARD SIMON'S SIMON SAYS
Howard Simon |
THOSE WHO GIVE A HOOT about the price of lumber believe its rapid rise will slow the recovery in the
HOUSTON'S DEPARTING CHIEF CITES ACCOMPLISHMENTS
Gary Taylor |
Although stung by criticisms that emerged in the wake of his abrupt resignation last week, James D.
Maritime
VIETNAMESE OFFICIAL CALLS FOR END TO 'OUTDATED' US ECONOMIC SANCTIONS
(Reuter) |
Vietnam's investment chief recently called for an end to U.S. economic sanctions against its old ene
NYK NAMES YASUDA TO HEAD N. AMERICAN OPERATION
Journal of Commerce Staff |
Shingo Yasuda will succeed Taketaro Kotani as president of Nippon Yusen Kaisha's North American oper
Maritime
AFFILIATES OF AIG ANTICIPATE RECOVERY OF STOLEN PREMIUMS
Lorraine Iannello |
New York-based Transatlantic Reinsurance Co. and Putnam Reinsurance Co., affiliated with New York-ba
INSURANCE BRIEFS
Wire and Staff Reports |
FRENCH INSURER TO FORM COMPANIES IN PORTUGALGroupe des Assurance Nationales (GAN), France's
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 28, 1991Bid AskedCopper-
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,295-$1,305 per ton lots & in warehouse min. 99.7
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended June 22, total piggyback freight hauled on the nation's major railroads equaled 1
USSR SEEN USING OLD CREDIT WHILE NEGOTIATING FOR NEW
Knight-Ridder Financial |
While talks between Soviet officials and bankers continue, the U.S.S.R. apparently is using a dwindl
CHILEAN MINERS UNION TO RENEW NEGOTIATIONS WITH MANAGERS
Knight-Ridder Financial |
Armed with a strike mandate, unions at Chile's Chuquicamata copper mine were preparing for a new rou
AUSTRALIAN SUGAR INDUSTRY GROUPS WILL PUSH FOR HIGHER TARIFFS
Knight-Ridder Financial |
Three key Australian sugar industry organizations will push for higher tariffs to protect the domest
MARITIME BRIEFS
From Wire and Staff Reports |
GALVESTON OFFICIALS MEET ON HOUSTON PLANGALVESTON, Texas - A delegation of port officials wa
Maritime
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