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FINANCIAL BRIEFS
From Wire and Staff Reports |
PARIS CLUB RESCHEDULES SOME PHILIPPINE DEBTThe Philippines secured the go-ahead here Thursda
KREMLIN SHAKE-UP HINTED IN REFORM PLAN FIGHT
Michael S. Lelyveld |
President Mikhail S. Gorbachev may move quickly to oust Prime Minister Valentin S. Pavlov and other
Maritime
SOUTH CAROLINA PORTS AGENCY SAYS IT NEEDS TO BORROW MONEY IN FISCAL '92
Craig Dunlap |
The South Carolina State Ports Authority this week approved fiscal 1992 operational and capital budg
Maritime
MOBIL TO UPGRADE ILL. OIL REFINERY
Knight-Ridder Financial |
Mobil Corp. plans to spend more than $150 million over the next two years to upgrade its Joliet, Ill
RESOURCES GROUP BACKS PESTICIDE BILL, SAYS IT'S STRICTER THAN EPA POLICIES
Patricia Crisafulli |
The National Resources Defense Council has voiced its support for the proposed Safety of Pesticides
ASIAN FUTURES
JOC Staff |
June 20, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
SKINNER BACKS 49 PERCENT FOREIGN ROLE IN AIRLINES
Keith M. Rockwell |
The Bush administration is throwing its weight behind legislation that would enable foreigners to ac
MORE JAPANESE SHIPS TO GET MIXED CREWS
(Reuter) |
The Japan Shipowners' Association said Thursday that the Transport Ministry has approved the mixed m
Maritime
FADING SHIP SUBSIDIES PRESSURE LINES WHITE HOUSE MOVE STIRS NEW DEBATE
WILLIAM DiBENEDETTO |
Recent efforts to revise the subsidy program for liner operators has been more like an Alphonse-Gast
CUSTOMS UNVEILS 5-YEAR PLAN, CALLS FOR MORE AUTOMATION
Richard Lawrence |
The U.S. Customs Service spelled out Thursday the steps it plans to improve its trade-related operat
SHIP SALE REPORT
JOC Staff |
Actual Vessel Sale Evaluations Sale TimeDate Vessel Year P
Maritime
EC CAPITAL MARKETS SEEK TO ATTRACT FOREIGN FUNDS
Bruce Barnard |
European capital markets must attract foreign funds, especially U.S. resources, to support the Europ
US DOLLAR WEAKENS AGAINST JAPANESE YEN
Knight-Ridder Financial |
The U.S. dollar tumbled against the yen Thursday but remained mixed versus Eurocurrencies on conflic
PORT KELANG POSTS STRONG EARNINGS AS CARGO VOLUME CONTINUES TO RISE
P.T. Bangsberg |
Kelang Port Authority, operator of the maritime gateway to Malaysia's capital, reported record earni
Maritime
LABOR SQUEEZE IN HONG KONG EASES BUT COMPANIES ARE PAYING A PRICE
P.T. Bangsberg |
The chronically tight labor market is easing somewhat, and a cross-section of multinational companie
Maritime
ELECTRONIC STANDARDS USE TAKES OFF OVERSEAS
Tony Seideman |
Global paperless trading standards are rapidly becoming a business reality in Europe and parts of As
MAINE COURT STRIKES DOWN TRUCKING FEE
Geoffrey H. Brown |
Maine's highest court this week declared that state's annual $25-per-truck hazardous materials fee u
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA INTRODUCES FEE FOR SUGAR MARKETINGWASHINGTON - The U.S. Agriculture Department announce
CBT HIRES BORK TO ARGUE AGAINST RICO ACCUSATIONS
Wire Reports |
In a move that could perpetuate controversy that has surrounded an FBI investigation of futures trad
NEPTUNE ORIENT REVEALS DETAILS OF EAST COAST ALL-WATER SERVICE
Craig Dunlap |
Neptune Orient Lines Ltd. will send its vessels to the same four North American ports it now serves
Maritime
BELGIUM PROBES GASOLINE, OIL EXPORT SCAM
(Reuter) |
Belgium said Wednesday it was investigating an alleged gasoline and oil export scam that could depri
Maritime
METZENBAUM CRITICIZES BUSH ADMINISTRATION OFFICIALS
Aviva Freudmann |
Sen. Howard Metzenbaum, D-Ohio, lambasted Bush administration officials Thursday for failing to prot
NANCY L. REECE ASSISTANT SECRETARY NORTH ATTLEBORO MUTUAL INSURANCE CO. TOPIC: WOMEN IN INSURANCE
Today's interview was conducted by insurance reporter Brigitte |
Nancy Lois Reece began her insurance career in 1958 keeping records at a New Hampshire insurance age
SPOT PRODUCT PRICES
JOC Staff |
June 20, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
SPOT COMMODITIES
JOC Staff |
June 20, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 213.34 off 0.01 which compare
COMEX METAL WAREHOUSE
JOC Staff |
June 20, 1991 Copper Total, 24,188. Gold Total, .1,743,966.Silver Total, .267,791,032.
WOMAN HAS RECIPE FOR SUCCESS IN PIZZA-LOVING JAPAN
Rose A. Horowitz |
When Tokyo-based J.C. Foods Co. Ltd. introduced frozen pizza in Japan 27 years ago, Japanese homes d
TEXACO INC. WEIGHS BIDS FOR COASTAL TRADE SHIPS
Bruce Vail |
Oil giant Texaco Inc. is evaluating nine bids to build the first new ships whose construction will b
A.E. CULLISON JAPAN BUREAU CHIEF
JOC Staff |
Al Cullison has been a staff member of The Journal of Commerce since May 1978. He is the newspaper's
BRAZIL LINE TAKES TRUCK STRATEGY TO AIR PRIVATIZATION REVITALIZES VASP
James Bruce |
The best training you can have for successful air cargo operations is experience as a highway carrie
PAKISTAN HOPES TO BOOST EXPORTS 20 PERCENT AND IMPORTS 9 PERCENT OVER NEXT YEAR
N. Vasuki Rao |
Pakistan hopes to increase exports of cotton and rice to help reach an export expansion goal of 20 p
Maritime
MESSE FRANKFURT SEEKS TO EXPAND OVERSEAS FAIRS SUBSIDIARY IN ATLANTA TO EASE US ENTRY
Miriam Widman |
Messe Frankfurt GmbH, Germany's largest trade fair organization, is seeking to expand its revenue ba
Maritime
CBT SWAP CONTRACTS TO BREAK GROUND
Knight-Ridder Financial |
The Chicago Board of Trade will break new ground on Friday with its launch of the first-ever futures
ICCO COCOA STOCKS CONCERN BRAZILIANS
Knight-Ridder Financial |
Brazilian cocoa producers and exporters voiced concern about the large amounts of cocoa still held b
MARITIME BRIEFS
From Wire and Staff Reports |
PROPELLER CLUB HONORS SAN DIEGO PORT DIRECTORSAN DIEGO, Calif. - Don L. Nay, director of the
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
GENERAL ACCIDENT PLANS PURCHASE OF HAWKEYEGeneral Accident Insurance, based in Philadelphia,
'GURU OF GLOOM' AGGRAVATES INSURANCE COMPANIES WITH HARSH RATINGS
Jim Lynch |
Martin Weiss is a pessimist. It's his business. The economy, he says, is a house of cards wa
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/20 6/19 Change % Change:
JAPANESE TRADERS LOCK IN CONTRACTS TO SELL DOLLARS
Kevin Krolicki |
Japan's exporters, among the biggest U.S. dollar sellers in the Tokyo market, have been locking in f
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