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CHEMICAL BRIEFS
From Wire and Staff Reports |
IPE TO LAUNCH NAPHTHA CONTRACTSThe International Petroleum Exchange will launch its new naph
PROBE RAISES QUESTION: WERE SHIP JOBS SOLD?
Bruce Vail |
The FBI used an ongoing "sting" operation to uncover the corrupt sale of shipping jobs in the furiou
KUWAIT HAS EYE ON IRAQI OIL INCOME
Knight-Ridder Financial |
Iraq could repay Kuwait for huge war damages through diverting part of its future oil income to the
GASOLINE INVENTORY WORRIES DRIVE UP PRICES ON NYMEX
David Bird |
April gasoline futures, which gained 10 cents a gallon in the past week on the New York Mercantile E
OUTPUT ACCORD LIKELY, OPEC WATCHERS SAY
From Wire Reports |
The Organization of Petroleum Exporting Countries will have to tread carefully when it meets at a Ge
CHINA SACKS TWO TOP OFFICIALS OF CIVIL AVIATION ADMINISTRATION
P.T. Bangsberg |
China's governing body fired the head of the state aviation entity Thursday. No explanation was give
TRAFFIC BRIEFS
Wire and Staff Reports |
ROBERTS EXPRESS INC. CUTS FUEL SURCHARGEAKRON, Ohio - Roberts Express Inc., has moved to joi
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 7, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
SPOT PRODUCT PRICES
JOC Staff |
Mar. 6, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
WILLIAM ARMBRUSTER SENIOR CORRESPONDENT
JOC Staff |
Bill has been a senior correspondent for The Journal of Commerce since 1988. He joined the paper in
BANK CANTRADE OPENS ASIAN UNIT
From Wire Reports |
Bank Cantrade AG Zurich, majority-owned by the Union Bank of Switzerland, has set up its first Asia
NEWS SUMMARY
JOC Staff |
* Cocom Nears High-Tech Export Concessions to Poland 3A * Customs Update 4A* Greg Johnson -
FOREIGN OFFICIALS EXPECT BUSH TO WIN FAST-TRACK FIGHT
Keith M. Rockwell |
A fresh mood of optimism is sweeping through the complex multilateral trade talks as expectations ri
Maritime
CHINA TO MAINTAIN STABLE PRICES FOR SILK EXPORTS
P.T. Bangsberg |
The export price of China's silk will remain "stable for a fairly long period," a senior executive o
Maritime
E AWARD-WINNING EXPORTERS MICROMERITICS INSTRUMENT
JOC Staff |
DATE OF AWARD: "E" Award in May 1990. The company was also given the Georgia Governor's awar
Maritime
DRILLING RIG PRICES EXPECTED TO SKYROCKET
Michael J. Strauss |
Strong worldwide demand for drilling rigs is about to cause prices for the equipment to skyrocket, i
MARITIME BRIEFS
JOC Staff |
US JUDGE MAY BLOCK EXXON SETTLEMENTA federal judge said Thursday he will block temporarily a
Maritime
BOEING OPTIMISTIC MILITARY UNIT CAN BOOST OVERALL EARNINGS
(Reuter) |
Boeing Co.'s military division, which has lost money for several years, will become profitable late
UNITED EXPRESS TO START NEW HAVEN-DC SERVICE
Journal of Commerce Staff |
WestAir's Atlantic Coast Division, which operates as United Express, announced Thursday that it will
CHAMPION INSURANCE OWNER TESTIFIES AGAINST LA. COMMISSIONER GREEN
Janet Plume |
Naaman Eicher, co-owner of the defunct Champion Insurance Co., provided some of the most damaging te
LLOYD'S REPORTS UNDERWRITING CAPACITY RECORD
Janet Porter |
An upturn in insurance rates should be well established in about six months time, Lloyd's of London
GASOLINE PRICES
JOC Staff |
Mar. 7, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,530-$1,540 per ton lots & in warehouse min. 99.
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP INC. (New York) - Paul A. Finkel was named president of the domestic li
US-CANADA BATTLE OVER BEER BREWS OTTAWA STARTS DUMPING PROBE
John Maggs |
A dispute between Canada and the United States over beer trade has intensified in recent weeks and l
EXPORTER MANAGES CURRENCY FLUCTUATIONS
Duncan Robinson |
Hedging currency risk can be an exporting headache, but the right strategy, including choosing the r
CORRECTION
JOC Staff |
Gov. Walter J. Hickel of Alaska contends that the mistakes of one tanker captain from New York shoul
JACKSONVILLE TO SHIP 1ST EXPORTS OF US-MADE HONDAS TO EUROPE
Journal of Commerce Staff |
The first shipment of U.S.-made Honda automobiles to Europe will move Monday through the Port of Jac
Maritime
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
AVIATION BRIEFS
Wire and Staff Reports |
KUWAIT AIRWAYS PLANE LEAVES CAIRO FOR 'HOME'CAIRO, Egypt - The first Kuwait Airways plane to
SHIP COMPANIES JUMP IN NUMBER IN INDONESIA
Journal of Commerce Special |
The number of shipping companies operating in Indonesia increased to 400 from 275 over the last two
Maritime
DROUGHT COULD SPUR MODEST HIKES IN COTTON, RICE AND SUGAR PRICES
Knight-Ridder Financial |
A U.S. Department of Agriculture official Thursday said a long-term drought in California may cause
GROUPS CHARGE EPA IS NOT DOCUMENTING ALL TOXIC EMISSIONS '88 CHANGE IN SYSTEM RESULTED IN LOOPHOLE
Pei-Tse Wu |
A coalition of public interest groups Thursday accused the Environmental Protection Agency of allowi
WILL COTTON PRICES INCREASE ENOUGH TO TRIGGER SPECIAL IMPORT QUOTA?
Gregory Wright |
The U.S. Department of Agriculture and cotton industry officials disagree over whether U.S. upland c
TRANSROLL'S NEW ROLL-ON VESSELS SPECIALLY DESIGNED FOR THE TRADE
James Bruce |
Brazil's Transroll Navegacao SA roll-on, roll-off ship operator believes it has come up with the ide
Maritime
RAIL-TRUCK SUMMIT SET FOR SATURDAY
Journal of Commerce Staff |
Chief executives from the nation's largest railroads and trucking companies will meet here Saturday
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEWS SUMMARY
JOC Staff |
* Trading with Cyprus 4A * Tom Connors' Washington 8A* Asian Superhub Airport Proposed 8A
SENATE BILL TIES FOREIGN AID TO US EXPORTS
John Maggs |
Four influential senators introduced a bill Wednesday that would eventually tie 90 percent of the Un
JAPANESE INFLUENCE EXPECTED TO EXPAND IN SOUTHEAST ASIA
Mark Magnier |
Fed by continued investments, Japan's economic influence in Southeast Asia will grow steadily over
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