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BALTIC FREIGHT INDEX
JOC Staff |
1599 (Apr. 2, 1991) Previous day - 1609 The Baltic International Freight Futures Market in L
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 2, 1991Brent Crude Oil - (Dollars Per Barrel)-
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
CANADIANS HOPING ECONOMY POISED FOR TURNAROUND
Leo Ryan |
Canadians are feeling more optimistic that an economic turnaround is around the corner after a year
Maritime
DOUBTS ABOUND ON CHANCES FOR PACT ON FREE STEEL TRADE US SEEKS ACCORD BY THIS SUMMER
RICHARD LAWRENCE Journal of Commerce Staff |
The Bush administration's new quest for an international steel free trade pact by midyear is dogged
Maritime
JAPAN PAYS MORE FOR AUSTRALIAN IRON ORE
Knight-Ridder Financial |
Australia's share of the Japanese iron ore market is rising, according to the country's Department
TRAFFIC BRIEFS
Wire and Staff Reports |
RAILWAY SIGNALMEN SET STRIKE DEADLINEThe Brotherhood of Railway Signalmen said its 10,000 me
COMMODITY BRIEFS
Wire and Staff Reports |
BARCLAYS BANK BUYS METALS UNIT OF DEAKBarclays Bank PLC has acquired Deak International Trad
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
CALIF.'S SUPREME COURT TO REVIEW DECISION ON ADVERTISING LIABILITY
Jerry Goldberg |
California's Supreme Court has agreed to review an Appeal Court ruling that held San Francisco-based
HIGH COURT RESTRICTS USE OF STATE'S POLICYHOLDER FUNDS
Janet Aschkenasy |
A Tuesday ruling from New York's highest court could make state officials think twice before dipping
JAPAN UTILITIES TO ADD CAPACITY
Knight-Ridder Financial |
Japanese electric power companies probably will be able to meet the growth in demand for power this
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended March 23, 1991, vs. Similar 1990 Period Cars CarsLoaded LoadedCh
JAPANESE OFFICIAL VOICES YEN FEARS
Knight-Ridder Financial |
Makoto Utsumi, Japan's vice finance minister for international affairs, said Tuesday that he sees no
THE ECONOMY
Wire and Staff Reports |
FACTORY ORDERS DROP: ECONOMY STILL MIREDCHICAGO - Tuesday's 0.5 percent drop in U.S. Februar
BURGEONING WORLDWIDE ETHYLENE SUPPLY EXPECTED TO CONTINUE EXCEEDING DEMAND
Patricia Crisafulli |
The ethylene market, plagued by slow-growing demand that continues to be outpaced by burgeoning supp
FRESH FACES ON HOUSE PANEL GRAPPLE WITH SHIP ISSUES
WILLIAM DiBENEDETTO |
Their days are driven by message beepers and the arcane, but riveting, system of bells and lights th
Maritime
ARIZONA AND CALIFORNIA RAILROAD TO BUY SANTA FE TRACK, WANTS MORE REGIONAL LINE PLANS MAY 1 START
John Boyd |
Arizona and California Railroad Co., a new regional carrier whose backers already are thinking of fu
STERLING CHEMICAL REDUCES DIVIDEND
Journal of Commerce Staff |
Sterling Chemicals Inc.'s board of directors declared a cash dividend for the quarter ended March 31
KUWAIT OIL PORT REOPENS FOR IMPORTS, BUT EXPORTS COULD BE 6 MONTHS OFF
Simon Hall |
War damage to Kuwait's oil port facilities will halt the export of all Kuwaiti crude oil and refine
MAZDA TO SHIFT TRANSSHIPMENTS FROM ROTTERDAM TO ANTWERP
Journal of Commerce Staff |
The Port of Rotterdam will lose nearly half of its car transshipment business next year following th
Maritime
NO DAMAGE TO SHIP REPORTED FROM FIRE ON NOL VESSEL
Journal of Commerce Staff |
Neptune Orient Lines said a fire broke out on board its Neptune Ruby container vessel on March 31 wh
Maritime
DOLLAR TURNS LOWER ON GREENSPAN 'COMMENT'
Knight-Ridder Financial |
The U.S. dollar turned mostly lower Tuesday afternoon after falling 1.5 percent on changing sentime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CANADA'S RETAIL SALES FELL 7.6 PERCENT IN JANUARYCanada's seasonally adjusted retail sales i
NY RECOMMENDATION TO CLOSE ACADEMY DRAWS INDUSTRY IRE
Leeann Lodder |
Maritime industry leaders and educators are protesting a state recommendation that the nation's olde
Maritime
KELSO GETS FINAL NOD TO ACQUIRE FIVE CARRIERS
Geoffrey H. Brown |
The Interstate Commerce Commission gave Kelso & Cos. final approval to acquire five trucking compani
ARCH, COAL MINERS APPROACH DEADLINE ON STRIKE THREAT
Tim Sansbury |
A dispute between union coal miners and Arch Mineral Corp. is headed toward its first critical junct
COST OF CREDIT
JOC Staff |
Tue., April 2, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
HOUSE BILL PUTS LIMITS ON FOREIGN SHIPYARD WORK
WILLIAM DiBENEDETTO |
A newly introduced House bill would limit sharply the ability of domestic maritime operators to repa
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago4/2 4/1 Change % Change:
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Apr. 1, 1991CRUDE OIL(1,000 barrels; dollars and cents
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 2, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.50
APL MOVES TO BEEF UP ITS SERVICE TO MIDEAST
Allen R. Wastler |
American President Lines Ltd. is beefing up its service in the Persian Gulf to capitalize on efforts
WOMEN, MINORITIES SCARCE IN TOP INSURANCE FIRM RANKS
Lorraine Iannello |
When Ronald R. Harder, president of Neenah, Wis.-based Jewelers Mutual Insurance Co., suggested once
P&O SHIPPING PROFIT INCREASED IN 1990
Journal of Commerce Staff |
Peninsular & Oriental Steam Navigation Co. nearly doubled its profit from cargo shipping last year,
Maritime
MILITARY WILL REPAY OCEAN WAR BONUSES
Bruce Vail |
Defense Department officials have agreed to reimburse civilian ship operators for war bonuses - up t
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Financing Trade 3A * EC1992 Regulatory Roundup 5A* A.E. Cullison - Asia Vie
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
MINNESOTA MINING & MANUFACTURING CO., St. Paul, Minn., selected Continental Bank, Chicago, to handle
MALAYSIAN PALM OIL SUPPLIES TAKE A DIVE
Knight-Ridder Financial |
Malaysia's palm oil inventories for March fell by 3 percent to 6 percentfrom February and w
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