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ENERGY BRIEFS
Wire and Staff Reports |
SAUDI ARABIA TO SEARCH FOR OIL ALONG RED SEASaudi Arabia plans to begin onshore and offshore
GASOLINE PRICES FALL ON REPORTS OF SHIPMENTS FROM EUROPE
From Wire Reports |
Gasoline prices fell Monday on reports that several million barrels of European gasoline are set to
SHIP HELD IN ROTTERDAM TO BE SOLD AT AUCTION
Knight-Ridder Financial |
The freighter Lisse, detained in Rotterdam after a request by agents acting for the vessel's mortgag
Maritime
NY APPROVES INCREASE IN SPENDING FOR DREDGING
William Armbruster |
Commissioners of the Port Authority of New York & New Jersey approved a $70.2 million increase in th
Maritime
GLOBAL OIL MARKET STAGNATES
Tim Penn |
The world oil market is in a state of quiet stagnation, unable to determine for certain whether the
COMEX METAL WAREHOUSE
JOC Staff |
Mar. 25, 1991 Copper Total, 22,073. Gold Total, .1,359,584.Silver Total, .260,340,025.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/25 3/22 Change % Change:
BALTIC FREIGHT INDEX
JOC Staff |
1691 (Mar. 25, 1991) Previous day - 1711 The Baltic International Freight Futures Market in
Maritime
MANY MEDICAL PROCEDURES UNNECESSARY, STUDY SAYS
Michael L. Millenson |
A study done for the nation's largest health insurer concludes that 11 percent of the medical proced
MARITIME BRIEFS
From Wire and Staff Reports |
PROFIT UP 16.4 PERCENT FOR MALAYSIA'S MISCKUALA LUMPUR, Malaysia - Malaysia International Sh
Maritime
TAX CHANGE IN NH SEEN OUTSIDE LAW
TOM McNIFF Jr. |
New Hampshire's Legislature, digging deeply for revenue, is considering a change in insurance tax la
JLM READY TO BREAK GROUND ON PROPYLENE EXPORT TERMINAL
Patricia Crisafulli |
JLM Industries Inc., Stamford, Conn., will break ground within the next 60 days for a polymer grade
TRAFFIC BRIEFS
Wire and Staff Reports |
HOUSEHOLD GOODS LINES POST 4TH-QUARTER LOSSThe 15 largest U.S. household goods carriers repo
ILA'S BOWERS, GOVERNMENT SEEN NEAR SETTLEMENT
Alan Abrams |
After intensive weekend negotiations, the U.S. government civil racketeering case against John Bower
RED HOOK OPERATOR EXPANDS TERMINAL HOURS
Alan Abrams |
In an effort to attract cargo to the Red Hook Container Terminal it operates in Brooklyn, Universal
Maritime
MITSUI O.S.K. TO MOVE US HEADQUARTERS TO NJ
Leeann Lodder |
Mitsui O.S.K. Lines Ltd. will move its U.S. headquarters from Manhattan to Jersey City, N.J., compan
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
'MINI MINOR' MAKING COMEBACK IN VENEZUELACARACAS, Venezuela - The Mini Minor, a squat little
Maritime
DEMAND FOR LUXURY HOMES GROWING AMONG JAPANESE BUILDERS SWITCH FOCUS TO QUALITY
A.E. Cullison |
Japan's largest housing construction companies are counting on rising demand for prefabricated luxur
Maritime
ASIAN FUTURES
JOC Staff |
Mar. 25, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6 perce
CENTRAL AMERICANS FEEL WANING US INTEREST
Fort Lauderdale Sun-Sentinel |
The citizens of Central America are finding out that in times of peace and democracy they attract fa
Maritime
MONTREAL PORT CRITICIZES COST RECOVERY PLAN
Leo Ryan |
The Port of Montreal wants the federal government to scrap a proposed user fee for coast guard servi
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
EFFICIENCY MAY SLOW JET FUEL GROWTHDemand for jet fuel could slow to a growth rate of 4 perc
NEWS SUMMARY
JOC Staff |
* Rosalind Rachid - Trade Talk 5A * Commodity Research Bureau: Corn 7A* Bruce Barnard - Euro
SHIP RADIO FREQUENCIES MUST CHANGE ON JULY 1
Journal of Commerce Staff |
Thousands of licensed ship and coast communications stations that operate on maritime service radio
Maritime
CATHAY PACIFIC EARNINGS FELL IN '90, FACES 'DIFFICULT' TIMES THIS YEAR
P.T. Bangsberg |
Cathay Pacific Airways Ltd. posted its first decline in profit as a public company, and warned that
TEXACO NEAR ACCORD WITH CZECHOSLOVAK REFINERY
Knight-Ridder Financial |
Texaco Inc. is close to signing a joint-venture agreement with Czechoslovakia' s largest oil refine
US BONUS CAP REMOVAL UNLIKELY TO FUEL EXPORTS
Janell Good |
U.S. wheat demand may remain slow in the near term, even though the current $425 million cap on the
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
UK PAYMENTS DEFICIT NARROWED IN FEBRUARYThe United Kingdom's seasonally adjusted current acc
PEOPLE - TRADE
From Wire and Staff Reports |
STROOCK & STROOCK & LAVAN (New York) - Richard M. Ornitz was appointed a corporate partner in the Ne
Maritime
CHINESE OFFICIALS PLEDGE A PHONE IN EACH VILLAGE
Kenneth J. Stier |
Chinese officials are promising a telephone in every village by the end of the century. With only 12
Maritime
PROTECTED SPECIES TRADE INCREASING IN INDONESIA
From Wire Reports |
The endangered wildlife of Indonesia is under serious threat from rising trade in protected species,
Maritime
ROSALIND RACHID'S TRADE TALK
Rosalind Rachid |
REMEMBER HOW AMERICAN COMPANIES rushed into China when that country burst upon the international tra
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
ROLLS-ROYCE TO CUT 3,000 JOBS THIS YEARBritish aircraft-engine maker Rolls-Royce said late l
SPOT COMMODITIES
JOC Staff |
Mar. 22, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
ASIAN FUTURES
JOC Staff |
Mar. 22, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended March 16, total piggyback freight hauled on the nation's major railroads equaled
SINGAPORE OIL FUTURES
JOC Staff |
*Singapore International Monetary Exchange Mar. 22, 1991Dubai Crude Oil - (Dollars Per Barre
SPOT PRODUCT PRICES
JOC Staff |
Mar. 22, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
SOVIET PRICE REFORM PLAN SEEN RECIPE FOR ECONOMIC DISASTER
Mark D. Berniker |
A Soviet price reform package, unveiled this month by Moscow's new financial engineers, appears to b
NORTHWEST HELD INTERESTED IN ASSETS OF CONTINENTAL
Knight-Ridder Newspapers |
Northwest Airlines wants major assets from Continental Airlines, perhaps including some U.S. holding
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