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INSURANCE BRIEFS
Wire and Staff Reports |
ARAB INSURER STARTS LONDON OPERATIONBahrain-based Arab Insurance Group (Arig) formed a fully
INDIA MOVES AHEAD WITH BOX FACILITIES NEAR MAJOR PORTS INTERMODAL HUBS TO FIGHT CONGESTION
N. Vasuki Rao |
The first phase of an integrated intermodal container complex at Madras became operational this week
Maritime
US-UK ACCORD SIGNALS TREND TOWARD GLOBAL OPEN SKIES
(Reuter) |
By agreeing to liberalize trans-Atlantic air travel, Washington and London have given their blessing
NATIONAL SAFETY BOARD HEAD SAYS CRUISE SHIP OVERSIGHT IS INSUFFICIENT
Bruce Vail |
Most cruise ships sailing out of U.S. ports do not meet U.S. safety standards, a situation that need
Maritime
VENEZUELAN BLASTS OPEC MEDDLING
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries should stop meddling in prices and production, an
ENERGY BRIEFS
Wire and Staff Reports |
NEARBY CARGOES FALL ON ASIAN FUEL OIL GLUTThe abundance of fuel oil in Asia pushed the price
PEOPLE - MARITIME
Wire and Staff Reports |
MARINE TRANSPORT LINES INC. (Secaucus, N.J.) - David L. Wood was named director of health, safety an
Maritime
ASIAN FUTURES
JOC Staff |
Mar. 14, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 14, 1991Brent Crude Oil - (Dollars Per Barrel)
PAKISTAN EXPORTS BOOM, BUT IMPORTS ARE SLOWING
N. Vasuki Rao |
Pakistan's trade figures for the first seven months of fiscal 1990-91 reveal a mixed trend, amid a g
CHEMICAL EXPORTS SEEN HARD FOR US TO CONTROL
Michael S. Lelyveld |
A new U.S. effort to control the spread of chemical weapons may prove difficult to negotiate and imp
US-MEXICO BORDER ZONE NEAR ECOLOGICAL DISASTER
(Reuter) |
The U.S.-Mexico border region, plagued by uncontrolled growth and unrelenting pollution, is fast bec
Maritime
VENEZUELANS, ENI INK PACT TO BUILD METHANOL PLANT
Knight-Ridder Financial (Pei-Tse Wu in New York contributed to |
Petroleos de Venezuela SA, Venezuela's state oil company, signed agreements with Italy's Ente aziona
CMB BLAMES POOR SHIPPING EARNINGS FOR PROFIT DROP
Journal of Commerce Staff |
The Belgian transport group CMB NV blamed a downturn in liner shipping earnings for a sharp deterior
Maritime
PEOPLE TRANSPORT
Wire and Staff Reports |
CHICAGO, SOUTH SHORE & SOUTH BEND RAILROAD (Michigan City, Ind.) - Joe T. Underwood was appointed as
ENERGY BRIEFS
Wire and Staff Reports |
PART INSTALLATION CITED IN NUCLEAR MISHAPImproper installation of metal fittings by a Japane
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
AT THE END OF THE MONTH this newspaper will move to new offices in the World Trade Center in lower M
COST OF CREDIT
JOC Staff |
Wed., March 13, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMEX METAL WAREHOUSE
JOC Staff |
Mar. 13, 1991 Copper Total, 16,546. Gold Total, .1,411,451.Silver Total, .262,255,096.
BALTIC FREIGHT INDEX
JOC Staff |
1780 (Mar. 13, 1991) Previous day - 1771 The Baltic International Freight Futures Market in
Maritime
CANADIAN COMPANIES CHASE PROFITS SOUTH OF THE BORDER
Dan Gillmor |
Gary Stevanov, seeking a better life, emigrated from Serbia, Yugoslavia, to Canada more than 30 year
Maritime
KUWAIT AWARDS INSURANCE BROKER MASSIVE CONTRACT
Aviva Freudmann |
The government of Kuwait has awarded a $350 million insurance brokerage contract to Alexander & Alex
FOREIGN COMPETITION SPURS ALLIANCES IN ELECTRONICS SECTOR
Allen R. Wastler |
Faced with an increase in foreign competition, U.S. electronics industry leaders are looking to stra
Maritime
FUND BUYING, RETAIL SALES DATA HELP LIFT SILVER PRICE
Knight-Ridder Financial |
The return of fund buying in the silver market caused prices to soar Wednesday afternoon, while gold
NOVO NORDISK REPORTS HIGHER INCOME
Journal of Commerce Staff |
Denmark's Novo Nordisk A/S Wednesday reported higher sales and income for 1990. Before-tax i
SHIPPERS PROTEST PROPOSED RATE INCREASES TRUCKERS PLAN APRIL 1 HIKES
Geoffrey H. Brown |
Manufacturers of automobiles in the United States called for the suspension and investigation of sch
TRAFFIC BRIEFS
Wire and Staff Reports |
UP UNVEILS TRIBUTE TO GULF PERSONNELUnion Pacific Railroad employees have crafted a rolling
LNG PIPELINE WILL BOOST MALAYSIA SALES
Jacob Daniel |
A liquefied natural gas project in the east Malaysian state of Sarawak is expected to increase sales
SAUDI ARABIA TO ABANDON ROLE AS OPEC'S SWING PRODUCER
Knight-Ridder Financial |
In his first major policy statement following the Persian Gulf War, Hisham Nazer, Saudi Arabian oil
ASIAN FUTURES
JOC Staff |
Mar. 13, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 13, 1991 Prices in the spot chemicals table include spot quotations or list price
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Mar. 13, 1991 Prevailing sellers' posted prices at the close of business, represen
GASOLINE PRICES
JOC Staff |
Mar. 13, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
SPOT PRODUCT PRICES
JOC Staff |
Mar. 13, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
AVIATION BRIEFS
Wire and Staff Reports |
FEDERAL EXPRESS MOVES RUSSIAN TREASUREFederal Express Corp. is moving a one-of-a-kind shipme
SEN. HOLLINGS ACTS TO DERAIL FAST-TRACK TRADE AUTHORITY
John Maggs |
Sen. Ernest Hollings, D-S.C., and 13 other senators introduced a resolution Wednesday disapproving s
S&P LOWERS RATINGS OF DEBT ISSUED BY 3 JAPANESE BANKS
Knight-Ridder Financial |
Standard & Poor's Corp. said it has downgraded debt issued and guaranteed by Dai-ichi Kangyo Bank Lt
GREECE GETS AID TO SPUR REFORMS
From Wire Reports |
Greece now can draw on a 1 billion European currency unit ($1.3 billion) aid package from the Europe
GERMAN PROPERTY LAWS TO REMAIN AS PLANNED
Miriam Widman |
The Bonn government agreed Wednesday to leave property laws in east Germany essentially as they stan
Maritime
RECENT SALES CUT FUNDS EVEN FURTHER
Knight-Ridder Financial |
Only about $5 million was left to subsidize the sale of U.S. agricultural goods, after a pair of whe
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