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BRITISH GAS POSTS RISE IN EARNINGS
Knight-Ridder Financial |
British Gas PLC's after-tax profit rose 32 percent to 916 million for the year to March 31, compare
LOW VOLUME SHIPMENTS TAKE TOLL ON RAILROADS
Mark Wilson |
Government-owned railways and a public sector marine terminal are already hurt by low volume coal sh
MARITIME BRIEFS
From Wire and Staff Reports |
SECOND PORT IN BRAZIL HIT BY DOCKER STRIKESAO PAULO, Brazil - Workers at Brazil's second-lar
Maritime
CHINESE ACKNOWLEDGE COPYRIGHT LAW LIMITS
Helen Berg |
A newly implemented copyright law affords only limited safeguards for foreign works, a Chinese offic
UNITED ARAB SHIPPING PLANS ITS OWN US SHIP AGENCY
Erich E. Toll |
United Arab Shipping Co. will establish its own U.S. agency, and might stop sending its ships from t
Maritime
TEXAS GOVERNOR SIGNS INSURANCE REFORM BILL
Laura Raley Borda |
Texas Gov. Ann Richards signed her insurance reform bill into law late last week, saying it was the
DEPENDENT ON BRITAIN FOR SURVIVAL, ST. HELENA SEARCHES FOR ITS NICHE
(Reuter) |
It was the most exciting day in years for St. Helena residents - a strange ship on the horizon, and
Maritime
SHIP FIXTURE BREAKDOWN
JOC Staff |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
CHEVRON STARTS UP POINT ARGUELLO OIL PUMPS COUNTY OFFICIALS THWART REFINING
Tony Mercandetti |
Chevron U.S.A. Inc. started pumping oil from its Point Arguello rigs but a feud with California envi
CHENEY CRITICIZES SEALIFT OPERATION
Journal of Commerce Special |
Defense Secretary Richard Cheney said he was not totally happy with U.S. military sealift capability
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 7, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
WILHELMSEN LINES TO ENTER WESTBOUND TRANS-ATLANTIC TRADE
Jon Jacobs |
Wilhelmsen Lines AS plans to begin carrying cargo from North Europe to the United States at the begi
Maritime
TWO US TRADE STRATEGIES CLASH IN THAILAND
Kenneth J. Stier |
It may seem an unlikely locale, but steamy Thailand is providing the backdrop for a clash of tempera
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 7, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
US BEEF EXPORTS TO JAPAN RISE 14 PERCENT, SHIPPERS GROUP SAYS
John Davies |
U.S. beef exports to Japan rose 13.7 percent during the first month in which the Japanese relaxed im
CHEMICAL BRIEFS
From Wire and Staff Reports |
PFIZER IN JOINT VENTURE WITH HUNGARIAN FIRMNEW YORK - Pfizer International, a subsidiary of
SUCDEN BANKS CAUTIOUS, OPEN TO COMPANY RESTRUCTURE
Knight-Ridder Financial |
Bankers for the French commodities trading house Sucres et Denrees have cautiously welcomed the comp
PEOPLE - MARITIME
From Wire and Staff Reports |
GENERAL STEAMSHIP CORP. (San Francisco) - Bethann Rooney was named administrative assistant to the s
Maritime
COMMERCE SAYS US FOREIGN DEBT MUCH LESS THAN PREVIOUSLY BELIEVED
Richard Lawrence |
The United States is a much smaller foreign debtor country than previous government reports have sug
REPORT SAYS CHINA YARDS DESPERATELY NEED CASH
P.T. Bangsberg |
More government investment is needed if China's shipbuilding is to grow in line with demand, a group
Maritime
PERSIAN GULF WAR, LOW FREIGHT RATES BLAMED FOR WAH KWONG'S LOWER PROFIT
P.T. Bangsberg |
Wah Kwong, primarily a bulk carrier operator, says events in the Persian Gulf sapped its profit for
Maritime
TVA WEIGHING OPTIONS IN BID TO CUT EMISSIONS
John Boyd |
When the nation's third-largest coal-burning utility system talks about fundamentally shifting its f
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 7, 1991 Prices in the spot chemicals table include spot quotations or list prices
ASIAN FUTURES
JOC Staff |
June 7, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
SPOT COMMODITIES
JOC Staff |
June 7, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
CANADIAN NATIONAL RAILWAYS INTRODUCES DOMESTIC DOUBLE-STACK BOX SERVICE
Leo Ryan |
Canadian National Railways Friday launched Canada's first double-stack container service for domesti
MILITARY TRAFFIC COMMAND TO STUDY CONRAIL CHARGE
Journal of Commerce Staff |
The Military Traffic Management Command will convene a special board later this month to consider ev
PEOPLE - TRANSPORT
Wire and Staff Reports |
CON-WAY TRANSPORTATION SERVICES (Palo Alto, Calif.) - Edward P. Moritz was named director of market
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended June 1, total piggyback freight hauled on the nation's major railroads equaled 1
HEAVY SPRING RAINS BLOCK PLANTING OF OVER 2 MILLION ACRES OF IOWA CORN
Knight-Ridder Financial |
Farmers have been unable to plant nearly 2.34 million acres of corn in Iowa this year because of the
6 CARIBBEAN INSURERS BANNED FROM CALIF. GARAMENDI SEIZES EXODUS INSURANCE
Brigitte Maxey |
California Insurance Commissioner John Garamendi seized the property, records and accounts of Caribb
VENEZUELANS EXPANDING BASIN MINING ACTIVITY
Ken Wolfe |
New and expanded mines along the western edge of Venezuela, in the Guasare Basin, are planned to boo
DOLLAR SEEN GAINING ON SIGNS OF RECOVERY
Gordon Platt |
The U.S. dollar will continue to rise this week, despite the threat of central bank selling, currenc
QANTAS AIR CARGO DECLINES AS TRADE SLUMPS IN AUSTRALIA OFFICIALS STILL BULLISH ON CARRIER'S GROWTH
Vincent W. Stove |
The movement of air cargo into and out of Australia is down, and the slump is hurting the freight op
FINANCIAL BRIEFS
From Wire and Staff Reports |
COUNTRY FUND PLANNED TO INVEST IN PAKISTANCiticorp International Ltd. on June 10 will launch
TRUCK RATE HIKE FAILS AS YELLOW REVERSES GEARS
Gregory S. Johnson |
The proposed July truck rate hike appears to be dead. A move to hit shippers with a 3.5 perc
THE ECONOMY
From Wire Reports |
WHOLESALE INVENTORIES DECLINED 1.6 PERCENT IN APRILInventories of U.S. wholesale merchants f
GM TO BEGIN PRODUCING OPEL RANGE IN TAIWAN
Chris Brown |
General Motors Corp. will begin producing models in Taiwan under an accord with China Automobile Cor
Maritime
AQUINO VOWS TO VETO PROPOSAL IN BUDGET FOR DEBT CEILING
Knight-Ridder Financial |
Philippine President Corazon Aquino Friday vowed to veto a proposal in the newly approved 1991 budge
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