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MARITIME BRIEFS
From Wire and Staff Reports |
END SEEN FOR STRIKE AT RIO DE JANEIRO PORTSAO PAULO, Brazil - A 13-day-old strike at Brazil'
Maritime
US PLANS TO PHASE OUT SHIP OPERATING SUBSIDIES
WILLIAM DiBENEDETTO |
The Bush administration will push for limited revisions in its regulation of operating subsidies for
SOVIET SHIPPING LINE TO SERVE EAST COAST
Erich E. Toll |
Baltic Shipping Co. will launch a new service for container and breakbulk cargo to the U.S. East Co
FEDERAL EXPRESS, AIRBUS CONTINUE FREIGHTER TALKS
Ira Breskin |
Federal Express Corp., despite a delay in announcing a deal, is continuing to negotiate with Airbus
OUTSIDER LINES SEEN SOON PLYING NEW ZEALAND, AUSTRALIA ROUTES
GORDON McLAUCHLAN |
Shipboard labor unions may soon lose their grip of trans-Tasman shipping routes between New Zealand
Maritime
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
POOR INFRASTRUCTURE IN GERMANY HITS INTERMODAL COMPANY
Miriam Widman |
A lack of sufficient infrastructure for intermodal traffic severely depressed profits for the German
BRITISH GOVERNMENT RULES OUT TAX RELIEF FOR LLOYD'S NAMES
William Pitt |
The British government Wednesday ruled out any tax relief for members of the Lloyd's of London insur
SMALL COMPANIES SUPPORT LIMITS ON LENDERS' SUPERFUND LIABILITY
Aviva Freudmann |
Small businesses would benefit if Congress approves strict limits on the liability of lending instit
US APPROVES CHEVRON'S BID TO IMPORT IRANIAN CRUDE OIL
(Reuter) |
Chevron Corp. received approval from the Treasury Department to import Iranian crude oil to the Unit
JAPAN FEELS PRESSURED BY CHALLENGES OF THE '90S
Commentary by A.E. Cullison |
We have heard it all before: the Japanese keep their doors too tightly closed to foreign products, t
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange June 19, 1991Dubai Crude Oil - (Dollars Per Barrel
SPOT PRODUCT PRICES
JOC Staff |
June 19, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
COMEX METAL WAREHOUSE
JOC Staff |
June 19, 1991 Copper Total, 24,013. Gold Total, .1,743,966.Silver Total, .267,080,429.
EVERGREEN'S THREAT STUNS TAIWAN, BUT EXTENT OF DISPUTE STILL UNCLEAR
Chris Brown |
The administration reeled predictably Wednesday under shock threats by the mighty Evergreen Group to
PORTLAND PORT INVESTS IN COMPUTER SYSTEM TO TRACK CONTAINERS
John Davies |
The Port of Portland approved a new $1.5 million computer system to track containers and plan their
Maritime
LACK OF SUPPORT CANCELS TRADE MEET IN DENVER
John Boyd |
Call it growing pains, or call it too much too soon, but Denver trade officials last week decided to
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
EC, EFTA AGREE ON FREE-TRADE ZONEBRUSSELS, Belgium - The European Community and the seven-me
Maritime
PROPOSALS SCRAPPED FOR EX-IM BANK TO FINANCE SALES OF MILITARY GOODS
Barbara Casassus |
Proposals are being scrapped for the Export-Import Bank of the United States to finance military sal
THREE JAPAN EXCHANGES MAY MERGE
Knight-Ridder Financial |
Three western Japan commodity exchanges have decided to begin talks on an eventual merger, an offici
TAIWAN TO LIFT GOLD EXPORT BAN IN STEP TOWARD LIBERALIZATION
(Reuter) |
Taiwan, one of the world's biggest gold buyers, soon will lift a ban on exports of the metal as a st
JAPAN EXPECTED TO HIKE IMPORTS OF S. AFRICAN COAL IF BAN ENDS
Knight-Ridder Financial |
Japanese electric power companies are likely to increase coal imports from South Africa when economi
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended6-14 6-7
COLUMBIA GAS SYSTEM STUDIES FILING UNDER CHAPTER 11
(Reuter) |
Columbia Gas System Inc., a major provider of natural gas in the Northeast, may be forced to file un
CORPORATIONS FUND R&D PROJECTS AMID GOVERNMENT SUBSIDY CUTS
Simon Mansfield |
In the years following the Pacific War, Japan perfected two great miracles, the reconstruction of it
BELGIAN SHIPPING FIRMS FORM BULK SHIPPING FLEET
Janet Porter |
One of the biggest bulk shipping fleets in the world will be created from the takeover of Belgium's
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,220-$1,230 per ton lots & in warehouse min. 99.
ASIAN FUTURES
JOC Staff |
June 19, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/19 6/18 Change % Change:
SPOT COMMODITIES
JOC Staff |
June 19, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
LONG-TERM PRIME RATE MAY RISE SOON IN JAPAN
Knight-Ridder Financial |
Japan's long-term prime rate is likely to rise by 0.2 percentage point to 7.9 percent in July, given
CHINA SEEKS FOREIGN AID IN PROGRAM TO SPUR CHEMICAL FIBER PRODUCTION
P.T. Bangsberg |
China is inviting foreign participation in chemical fiber projects in hopes of boosting its overall
Maritime
AUSTRALIA PROTESTS US OFFER OF SUBSIDIZED WHEAT TO KUWAIT
(Reuter) |
Australian Trade Minister Neal Blewett said Wednesday he would protest to U.S. Agriculture Secretary
AUSTRALIAN MINE MAY SUE GOVERNMENT
(Reuter) |
An Australian mining company said Wednesday it may sue the government of Prime Minister Bob Hawke ov
BLUES ENDORSE ADDITION OF PREVENTIVE TESTS TO BENEFITS
Gregory Spears |
In a major shift toward preventive care, Blue Cross and Blue Shield Association endorsed a program o
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 19, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 22.7
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange June 19, 1991 Prev. Life of Contr. OpenOpen High Low
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
UK SHIPOWNERS SEE RAY OF HOPE IN TAX FIGHT
Janet Porter |
British shipowners are still hoping their campaign for tax concessions will yield success following
Maritime
4 LATIN NATIONS SIGN TRADE ACCORD WITH US
Richard Lawrence |
Brazil, Argentina, Uruguay and Paraguay Wednesday signed a "framework" trade and investment agreemen
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