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US TO EASE FIBER-OPTIC EXPORT BAN CABLES TO REACH SOVIET GATEWAY
Michael S. Lelyveld |
The United States is ready to permit sales of fiber-optic communications equipment and advanced per
PACIFIC SHIP LINES TRY TO ESTABLISH, CEMENT ALLIANCES TO SURVIVE SLUMP
Allen R. Wastler |
Carriers on the Pacific, desperate to capture what little trade wind might be blowing, are intensify
WAR CREATES BONANZA FOR TANKER OWNERS
Janet Porter |
Tanker operators are enjoying an unprecedented but probably short-lived bonanza as the Persian Gulf
ISRAELI ECONOMY SUFFERS AS GULF WAR CASUALTY
From Wire Reports |
The Persian Gulf war has left a crater in Israel's economy, forcing it to revise optimistic growth
GULF CONFLICT SQUEEZES ISRAEL'S CITRUS INDUSTRY
From Wire Reports |
Citrus fruit, Israel's biggest cash crop, is being squeezed by the Persian Gulf war. Farmers
Maritime
LEGISLATORS CITE CONCERN FOR JOBS IN FREE TRADE TALKS HOUSE PANEL FEARS LOSSES TO MEXICO
John Maggs |
House members told U.S. Trade Representative Carla Hills Wednesday that they would oppose a free tra
Maritime
MARINE INSURANCE CLAUSES SHOULDN'T BE EXTENDEDBEYOND THEIR HISTORICAL SCOPE, COURT RULES
Peter D. Clark |
Black's Law Dictionary defines marine insurance as "a contract whereby one party (the insurer), for
Maritime
EC COMMISSION APPROVES PACKAGE TO HELP AIRLINES MEASURES TARGET WAR-RELATED LOSSES
Bruce Barnard |
The European Commission Wednesday approved a temporary aid package to help European Community-based
EUROPE, ASIA AT ODDS ON YARD SUBSIDY BAN
Erich E. Toll |
The United States initiated the current negotiations aimed at eliminating shipbuilding subsidies amo
Maritime
FREIGHT FORWARDERS' DEALT A BLOW IN EDI EFFORT
Janet Porter |
Efforts by international freight forwarders to convert to paperless business systems may have been s
FINANCIAL BRIEFS
Wire and Staff Reports |
IRAQ OWES $4.9 BILLION TO FRANCE, REPORTS SAYFifteen years of special relations with Iraq ha
JAPANESE BANK TO BUY STAKE IN FIRM HEADED BY L. MELAMED
Knight-Ridder Financial |
The Mitsui Taiyo Kobe Bank Ltd. has agreed to acquire a majority interest in Dellsher Investment Co.
FMC HOPES TO ELIMINATE DOUBTS IN TARIFF AUTOMATION DEMONSTRATION
Tony Seideman |
The process of automating maritime tariffs takes another lurch forward in Washington today, with the
AVONDALE BULLISH ON NEWLY GRANTED TRADE ZONE STATUS
Janet Plume |
Four shipyards belonging to Avondale Industries Inc. have been classified as foreign trade zones, a
Maritime
TRIAL OF LA. COMMISSIONER BEGINS
Janet Plume |
The federal trial of Louisiana Insurance Commissioner Doug Green opened Tuesday, with prosecutors pr
INSURANCE EARNINGS
Wire and Staff Reports |
GEICO CORP. REPORTS FLAT OPERATING INCOMEWASHINGTON - Geico Corp. reported nearly flat opera
DILLENBECK TAKES THE HELM AT THE PORT OF LONG BEACH ROTATING DIRECTOR EXPERIMENT ENDS
Bill Mongelluzzo |
Steven R. Dillenbeck was appointed executive director of the Port of Long Beach, ending a 20-month e
Maritime
FRANCE BRUSHES ASIDE CRITICISM ON HDTV
From Wire Reports |
The French government Tuesday brushed aside criticism of its high-definition television policy and s
Maritime
EC LAUNCHES PROBE OF JAPAN PORT CHARGES
Bruce Barnard |
The European Commission has begun an investigation into claims that Japan is discriminating against
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 213.08 off 0.59 which compares
FREIGHT RATE FUTURES
JOC Staff |
Feb. 20, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHORTAGES, FIRINGS, STRIKES DEEPEN BRAZIL'S CRISIS
From Wire Reports |
Brazil's economy lurched deeper into crisis with news Tuesday of rapidly rising unemployment, highe
GERMANS TO MAKE PAYMENT FOR WAR
From Wire Reports |
Germany will give $2.16 billion to the United States Wednesday to help pay for the Persian Gulf war,
TRADING WITH GUATEMALA NON-CORE EXPORTS BOOMING
Duncan Robinson |
The philosophy "adapt or die" may best explain the economic boom that Guatemala's non-traditional ex
Maritime
HOUSE PANEL OBJECTS TO INCREASING HIGHWAY SPENDING BURDEN ON STATES
Geoffrey H. Brown |
Members of a key House committee gave the Bush administration's plan to make states pay for a greate
TRAFFIC BRIEFS
Wire and Staff Reports |
CNW HOLDINGS POSTS OPERATING INCOME FALLCHICAGO - Chicago and North Western Holdings Corp.,
EC COMMISSION DELAYS FINAL NOD ON FARM PACKAGE
Bruce Barnard |
The European Commission Wednesday moved closer to approving deep cuts in farm prices in a bid to con
JAPANESE NUCLEAR ACCIDENT POINTS TO RISK AT US PLANTS, CRITICS SAY
James L. Franklin |
The recent accident in a 20-year-old Japanese nuclear power plant was the result of a flaw in a reac
OIL TANKER OWNERS ADJUST TO RISKS UNDER POLLUTION LAW
Aviva Freudmann |
Oil tanker owners are managing their greater risks under the 1990 Oil Pollution Act by refusing to c
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 20, 1991 Prices in the spot chemicals table include spot quotations or list price
GASOLINE PRICES
JOC Staff |
Feb. 20, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 20, 1991Brent Crude Oil - (Dollars Per Barrel)
SPOT PRODUCT PRICES
JOC Staff |
Feb. 20, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
HEINZ SETS COURSE FOR EXPANSION OVERSEAS
(Reuter) |
H.J. Heinz Co., best known for American staples like ketchup and baked beans, is selling its home-gr
Maritime
HONG KONG'S CATHAY PACIFIC WARNS OF TOUGH TIMES AHEAD . . .
P.T. Bangsberg |
A triple threat facing the world's aviation sector means Cathay Pacific Airways faces "a very tough
LABOR SECRETARY GETS COURTLY GREETING
Bruce Vail |
The nation's leading union officials treated the new secretary of labor with kid gloves Wednesday wh
COST OF CREDIT
JOC Staff |
Wed., Feb. 20, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
BALTIC FREIGHT INDEX
JOC Staff |
1654 (Feb. 20, 1991) Previous day - 1637 The Baltic International Freight Futures Market in
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
OIL WORLD SEES HIKE IN OILSEED MEAL USEDomestic usage of major oilseed meals in key consumin
ROMANIA SEEN UNLIKELY TO STOP ALUMINUM PRODUCTION DESPITE LOSSES
Jackie Cowhig |
Romania is unlikely to be able to afford to stop producing primary aluminum completely and may still
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