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NORWAY'S KVAERNER STILL INTERESTED IN ACQUIRING POLISH SHIPYARD
(Reuter) |
Norwegian shipbuilder Kvaerner A/S still wants to buy a Polish shipyard despite a delay in takeover
Maritime
TRUCK RATE ISSUES HEAT UP AT THE ICC CONGRESS GETS DEREGULATION PROPOSALS
Geoffrey H. Brown |
The Interstate Commerce Commission, over the objections of a powerful House committee chairman, sent
BRITISH AIR URGES OPEN SKIES FOR EUROPE, LARGER EC ROLE
Keith M. Rockwell |
The nations of the European Community must remove barriers to internal airline traffic and band toge
FMC FINES MARTYN MERRITT, SUSPENDS TARIFFS
WILLIAM DiBENEDETTO |
The Federal Maritime Commission slapped shipping agent Martyn Merritt with over $1.4 million in pena
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/21 5/20 Change % Change:
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 21, 1991Bid AskedCopper-G
PEOPLE - MARITIME ADM. BUTCHER TO HEAD AMERICAN SHIP BUILDING
Journal of Commerce Staff |
George M. Steinbrenner signed a superstar of the military shipping world to run his loss-plagued Ame
Maritime
HAMBURG PORT HAS EYES FOR BREMEN TRAFFIC
Janet Porter |
The Port of Hamburg's East European traffic has been booming since the reunification of Germany, but
BANKING ON OVERSEAS BUSINESS
Page Ivey |
Banks could not be having more trouble - on the home front. Commercial real estate loans are
PANEL BLOCKS PLAN ALLOWING BANKS TO HOLD INSURANCE UNITS
Aviva Freudmann |
A House Banking, Finance and Urban Affairs subcommittee Tuesday threw a potentially insurmountable r
COMMERCE EASES EXPORT CONTROLS
Journal of Commerce Staff |
The Commerce Department announced Tuesday that it will no longer require individual validated export
AIR CONTROLLERS POSTPONE STRIKE IN SOVIET UNION GOVERNMENT MEETS SOME DEMANDS
Wire and Staff Report (Michael Lelyveld contributed to this |
Soviet air traffic controllers and pilots unions postponed until Aug. 10 a nationwide strike threate
ENERGY BRIEFS
Wire and Staff Reports |
CHEVRON, SOVIETS REACH TENTATIVE AGREEMENTChevron Corp. reached a tentative agreement to dri
CALIF. UTILITIES TO CUT EMISSIONS
(Reuter) |
Two of California's largest electric utilities said Monday they plan to cut emissions of carbon dio
SEN. BYRD VOWS TO SUPPLY FUNDS FOR CLEAN COAL
Tim Sansbury |
Sen. Robert Byrd, D-W.Va., a top supporter of the Clean Coal Technology program and chairman of the
UN TO TRANSFER KURD RELIEF SHIPMENT TO ANOTHER SHIP AFTER CARGO DELAY
Journal of Commerce Staff |
A United Nations shipment of food to Kurdish refugees will be transferredfrom one ship to an
Maritime
INSURANCE REGULATORY SYSTEM CALLED TOO SLOW BY GAO
Aviva Freudmann |
The state insurance regulatory system is too slow in fighting insurance insolvencies, according to a
FREIGHT RATE FUTURES
JOC Staff |
May 21, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NEW VOYAGE ESTIMATION SYSTEM INTRODUCED
Janet Porter |
Time spent estimating details of a ship's voyage could be slashed to just a few minutes through the
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
MONTEDISON REPORTS DECLINE IN INCOMEMILAN, Italy - The Montedison Group reported gross opera
COMMODITY BRIEFS
From Wire and Staff Reports |
GRADUAL RECOVERY SEEN FOR THE PRICE OF TINKUALA LUMPUR, Malaysia - The price of tin has bott
MAERSK RATE CUTS TAX PACIFIC TRADE
Allen R. Wastler |
A surge of rate discounts granted by Maersk Line is straining efforts to get freight rates higher o
SOVIET ECONOMIST FAVORS PRIVATIZATION OF OIL RESERVES, NATURAL RESOURCES
Michael S. Lelyveld |
The idea of shifting control of the Soviet Union's vast oil reserves and natural resources to the R
SELLING BY EUROPE BANKS DRIVES US DOLLAR DOWN
Knight-Ridder Financial |
The U.S. dollar declined Tuesday after German and Swedish central banks solddollars in Europ
2-DAY EC-SOVIET TALKS TO CONCENTRATE ON FOOD AID, TECHNICAL ASSISTANCE
Bruce Barnard |
The "freeze" in trade relations between the European Community and the Soviet Union following the mi
Maritime
GASOLINE PRICES RISE SLIGHTLY, AAA SAYS
From Wire Reports |
The average price nationwide for self-serve regular unleaded gasoline this week is $1.161 a gallon,
BRAZIL'S PETROBRAS USING FUTURES
Knight-Ridder Financial |
Petrobras SA, Brazil's state-owned oil company, is now using the world crude oil futures markets on
TEXAN SAID TO BE TOP CONTENDER FOR MASS. JOB
Journal of Commerce Special |
Kay Doughty, who is credited with writing a major Texas insurance reform bill now before that state'
ONTARIO DELAYS REFORMS OF CAR INSURANCE INDUSTRY
Leo Ryan |
Ontario's automobile insurers are befuddled by the delay in planned reforms for the Canadian auto in
GASOLINE PRICES
JOC Staff |
May 21, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
AMOSKEAG REJECTS GUILFORD OFFER
Journal of Commerce Special |
Amoskeag Co. told Guilford Transportation Industries it is not interested in selling its Bangor & Ar
CF MOTOR JOINS YELLOW FREIGHT IN RATE HIKE
Gregory S. Johnson |
CF Motor Freight, the long-haul trucking subsidiary of ConsolidatedFreightways Inc., said Tu
TRUCK RATE ISSUES HEAT UP AT THE ICC STATUS QUO ON 3 RULES IS MAINTAINED
Geoffrey H. Brown |
The Interstate Commerce Commission voted to maintain the status quo in three petitions requesting ac
ECONOMIC DISARRAY MAY CUSHION SOVIET OIL EXPORTS
David Bird |
Crude oil production in the Soviet Union is expected to decline by up to 1 million barrels a day thi
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 21, 1991Brent Crude Oil - (Dollars Per Barrel)-
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,310-$1,320 per ton lots & in warehouse min. 99.
BALTIC FREIGHT INDEX
JOC Staff |
1677 (May 21, 1991) Previous day - 1669 The Baltic International Freight Futures Market in L
Maritime
ASIAN FUTURES
JOC Staff |
May 21, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FLORIDA SUGAR GROWERS PREDICT RECORD OUTPUT
Knight-Ridder Financial |
Florida farmers this year are expected produce a record 1.8 million tons of sugar, raw value, which
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