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INSURANCE BRIEFS
Wire and Staff Reports |
STEELMAKER MUST PAY BIG POLLUTION PENALTYWheeling-Pittsburgh Steel Corp. will pay $6.1 milli
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange May 16, 1991Dubai Crude Oil - (Dollars Per Barrel)
MARITIME CALENDAR
JOC Staff |
National Maritime Day. May 17. New York. Reception and dinner with awards presentation to Vice Ad
Maritime
ELECTRONIC COMMUNICATION BREAKS NEW GROUND WITH IMAGING FORWARDERS, BROKERS TRY NEW TECHNOLOGY
Tony Seideman |
Customs brokers are introducing optical imaging technology that enables users to work with images of
INDIA'S EXPORT GROWTH FALTERED IN FISCAL '91 IMPORTS FROM US ROSE MARGINALLY
N. Vasuki Rao |
India's export growth ran into a brick wall in fiscal 1990-91, which ended March 31, provisional fig
UPS TESTS 2ND-DAY LETTER SERVICE
Ira Breskin |
Leave no stone unturned. That seems to be the strategy underlying United Parcel Service's te
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
MEXICANS PROBABLY TO GAIN MOST BY FREE TRADE PACT
Charles W. Thurston |
Should the North American Free Trade Agreement come to pass, Mexico's economy will gain most from op
ENERGY BRIEFS
From Wire and Staff Reports |
COMPANIES SURVEY COLOMBIAN OIL FINDBOGOTA, Colombia - Two U.S. energy exploration companies
COMMODITY BRIEFS
From Wire and Staff Reports |
ONTARIO FIRM TO BUY ALBERTA CANOLA PLANTWINNIPEG, Manitoba - ADM Agri-Industries Ltd., of Wi
INRO MIGHT TRY BUYING RUBBER SOON TO KEEP PRICES HIGHER
From Wire Reports |
The International Natural Rubber Organization may have to buy rubber in the next few months to suppo
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 16, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,310-$1,320 per ton lots & in warehouse min. 99.
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 16, 1991 Prices in the spot chemicals table include spot quotations or list price
CZECH GOVERNMENT FINALIZING PLANS FOR LARGE INDUSTRIAL PRIVATIZATION
Milan Ruzicka |
The Czech government is putting the final touches on an ambitious plan aimed at privatizing more th
Maritime
BRAZIL'S TRADE PERFORMANCE IN APRIL IS BEST IN 9 MONTHS
James Bruce |
A record April Brazilian trade surplus of $1.4 billion is based more on expanding trade than suppres
Maritime
INTERNATIONAL LOANS
Journal of Commerce Staff Report |
$35 million from the World Bank's International Development Association to expand food grain
Maritime
HONG KONG, CHINA, UK GEAR UP FOR NEXT ROUND OF AIRPORT TALKS BREAKING DEADLOCK SEEN TOUGH TASK
P.T. Bangsberg |
Stalled talks on Hong Kong's new multimillion-dollar airport rev up again Saturday, with the British
YELLOW FREIGHT TO HIKE RATES 3.5 PERCENT IN JULY
Gregory S. Johnson |
Blaming higher labor costs and increases in other operating expenses, Yellow Freight System Inc., on
FURTHER DELAY SEEN IN END TO GLOBAL TRADE RECESSION
Bill Mongelluzzo |
The recovery of the international trade economy is taking longer than expected, but should be eviden
Maritime
TAIWANESE COMPANY EYES CHINA LIVESTOCK VENTURE
Chris Brown |
The island's biggest food conglomerate, President Enterprises Corp., will set up a livestock farm in
Maritime
LUMBER TRADE SLOWING DOWN IN THE WEST
Knight-Ridder Financial |
Lumber trading is beginning to show signs of slowing as the market digests wood already purchased, t
AIRPOL WINS DOE CLEAN COAL PACT, WILL INSTALL EQUIPMENT AT POLISH PLANT
Tim Sansbury |
The U.S. Department of Energy said it awarded a $7.7 million contract to AirPol Inc., Teterboro, N.J
CONCERNS OVER ECONOMIES AND LAWS
Charles W. Thurston |
The prospect of a North American free trade agreement has some U.S. interest groups fearful of compe
OIL DEMAND FORECAST INDICATES OPEC MAY BE PUSHED TO PRODUCE AT CAPACITY
Knight-Ridder Financial |
Saudi Arabia's forecast of strong fourth-quarter world oil demand suggests the Organization of Petro
DRY BRAZILIAN WEATHER WILL LEAD TO SMALLER COCOA CROP, TRADERS SAY
Tom Murphy |
Dry weather in recent months has made a decline in Brazil's 1991 mid-year (May-September) cocoa crop
FOREIGN INTERESTS TIPPED TO WIN PHILIPPINE YARD
Chris Brown |
The state-owned ship repair company most likely will be sold to foreign rather than local investors
Maritime
RESEARCH GROUP SAYS MANY HOSPITALS ARE GETTING AWAY WITH PATIENT DUMPING
John Bare |
Many hospitals are getting away with illegally refusing to treat unstable or pregnant patients who c
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BALTIC FREIGHT INDEX
JOC Staff |
1649 (May 16, 1991) Previous day - 1642 The Baltic International Freight Futures Market in L
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 16, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
SUNKIST USES AGGRESSIVE MARKETING TO BUILD EXPORT SALES TO PACIFIC RIM
Allen R. Wastler |
You can't just push you have to pull too. That's the basic philosophy Sunkist Growers I
Maritime
E AWARD-WINNING EXPORTERS CARL O. GOETTSCH CO.
JOC Staff |
DATE OF AWARD: 'E Star' award in 1990. 'E' Award in 1978. WHY THE AWARD WAS GIVEN:Since
Maritime
AVIATION BRIEFS
JOC Staff |
UNITED TO EXPAND SERVICE AT HEATHROWCHICAGO United Airlines will begin a major expans
THAI AIRLINE TO LAUNCH CARGO SERVICE
Kenneth J. Stier |
Thailand's state airline says it hopes to launch a dedicated cargo service in conjunction with t
UNIFICATION BRINGS RISE IN CARGO TO GERMANY
Janet Porter |
Shipping lines serving Germany say the volume of goods arriving there has surged following unificati
REGULAR COFFEE SERVICE COMES TO PORT OF NY
Alan Abrams |
Shippers wishing to move coffee from Brazil to the Port of New York now have the option of using a r
Maritime
KEPPEL DEFENDS REPAIRS MADE ON TANKER
Journal of Commerce Staff |
Keppel Shipyard, which repaired a tanker just months before it sank off Genoa in April, said the rep
Maritime
NAVISTAR RETAINS LEAD AS HEAVY TRUCK MARKET CONTINUES TO LANGUISH
Michael S. Lelyveld |
Navistar International Transportation Corp. held its lead among heavy truck makers despite a 34.2 pe
TRAFFIC BRIEFS
From Wire and Staff Reports |
RAIL RATES FALLING, ICC REPORT SHOWSRail rates declined substantially during the 1980s and r
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