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LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Feb. 15, 1991Bid AskedCopper-
DIRECT DISCHARGE CONTROVERSY HEIGHTENS IN HOUSTON PORT
Gary Taylor |
The president of the Texas Association of Steel Importers charged Thursday that the International Lo
Maritime
ONLY HALF A MILLION IN ADDITIONAL INSURANCE? WARTIME COMIC THINKS HE'S WORTH MORE
Lorraine Iannello |
When Jackie Mason's insurance limit was upped by $500,000 to cover the increased risk of his wartime
INSURANCE EARNINGS
Wire and Staff Reports |
CONTINENTAL NET INCOME FELL IN FOURTH QUARTERFourth quarter net income of Continental Corp.
INSURANCE BRIEFS
Wire and Staff Reports |
FIVE OPTIONS WEIGHED FOR SOLVENCY RULESWASHINGTON - Congress is considering five options to
BALTIC FREIGHT INDEX
JOC Staff |
1590 (Feb. 14, 1991) Previous day - 1576 The Baltic International Freight Futures Market in
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 14, 1991Brent Crude Oil - (Dollars Per Barrel)
PERSIAN GULF WAR PUTS AIRLINES IN ASIA ON TURBULENT COURSE
Knight-Ridder Financial |
Asian airlines are suffering from plunging passenger numbers and soaring fuel prices, but their pros
UK ELECTRICITY PRIVATIZATION COULD AFFECT CREDIT QUALITY
Knight-Ridder Financial |
Some sectors of the U.K. electricity supply industry, which is being sold toprivate investors, will
NAVISTAR GRINDS OUT SOLE GAIN IN MONTHLY SALES OF HEAVY TRUCKS
Michael S. Lelyveld |
Navistar International Transportation Corp. notched the lone sales gain in the heavy truck industry
GULF OIL SLICK STILL THREATENS PETROCHEMICAL UNITS OF SABIC
Knight-Ridder Financial |
Experts monitoring the gulf oil spill that could endanger Saudi drinking water supplies and industri
SKINNER EXPRESSES HOPE ON US-BRITISH AVIATION TALKS
From Wire Reports |
Transportation Secretary Samuel Skinner said Thursday that he was "still optimistic" of successfully
COMMODITY BRIEFS
From Wire and Staff Reports |
SOVIETS SUBMIT BID FOR US BONUS WHEATKANSAS CITY, Mo. - The Soviet Union Thursday bid for 50
AIRCRAFT LESSORS HIT NEW RULING BY COURT
Ira Breskin |
Airlines face higher costs and more difficulty in financing aircraft on account of a federal bankrup
US, JAPAN BEGIN TALKS ON SEMICONDUCTOR PACT
Knight-Ridder Financial |
As the U.S.-Japan semiconductor agreement nears its expiration, negotiators Thursday formally began
Maritime
SINGAPORE SETS GOAL OF 6 MILLION TEUS IN 1991
Journal of Commerce Staff |
The Port of Singapore Authority, which just recently reached the 5 million mark, said it hopes to ha
Maritime
LICHT HIKES SUGAR SURPLUS ESTIMATE
Knight-Ridder Financial |
World sugar production will exceed consumption by some 3.3 million metric tons in 1990-91 (September
NEW GENERATION OF CHIPS UNVEILED BY JAPANESE
From Wire Reports |
Japanese semiconductor companies, blazing ahead of their American rivals, Thursday unveiled prototyp
Maritime
EC THREATENS RETALIATION OVER US AIRBUS DECISION
Bruce Barnard |
The European Community Commission Thursday threatened to retaliate against the U.S. decision to take
HAZARDOUS MATERIALS HANDLING NETS SHIPPERS CONRAIL AWARD
Journal of Commerce Staff |
Consolidated Rail Corp. presented its third annual Chairman's Transportation Quality awards to 14 sh
SOFTS TRADERS ASSESS IMPACT OF WOODHOUSE LIQUIDATION
Knight-Ridder Financial |
Physical soft commodity traders in London said they expected most trade houses here to suffer some f
TRAFFIC BRIEFS
Wire and Staff Reports |
ITEL CORP. EARNINGS SOARED IN 4TH QUARTERCHICAGO - Itel Corp. reported fourth-quarter earnin
IATA AIRLINES APPROVE CHARGES FOR CARGO OUT OF US
Phillip Hastings |
International airlines and freight forwarders are introducing additional charges they maintain are n
ENERGY BRIEFS
Wire and Staff Reports |
SAUDIS TO VISIT JAPAN FOR OIL CONTRACT TALKSTOKYO - A delegation from Saudi Arabia's nationa
KUWAIT EXPECTED TO SEEK LOAN MODELED ON SAUDI DEAL
Mona Megalli |
The exiled government of Kuwait is expected to use as a model the recently concluded $3.5 billion lo
SMALL OCEAN CONSOLIDATORS SCRAMBLE FOR BONDING FUNDS
Leeann Lodder |
While many large ocean freight consolidators lobbied hard for new federal legislation regulating the
GATT TALKS ARE LIKELY TO RESUME NEXT WEEK ON INFORMAL BASIS
John Zarocostas |
The General Agreement on Tariffs and Trade will hold informal meetings next week in yet another effo
Maritime
NEGOTIATORS SAY NORTH AMERICA PACT WILL COVER ALL POSSIBLE TRADE SECTORS
John Boyd |
U.S. and Mexican negotiators who will play key roles in shaping a North American free trade agreemen
Maritime
MISC ORDERS 1,035 BOXES FROM SINGAPOREAN COMPANY
Journal of Commerce Special |
Malaysian International Shipping Corp. signed an order for 1,035 20-foot cargo containers, or TEUs,
Maritime
WESTERN COMPANIES SAY SOVIETS SLOW TO PAY BILLS
From Wire Reports |
Western businesses and banks say Soviet companies still aren't paying their bills on time and the pr
UNIONS ISSUE WARNING ON MEXICO TRADE PACT
Bruce Vail |
A proposed free trade agreement between the United States and Mexico may hold some nasty surprises f
Maritime
NEDLLOYD SHAREHOLDERS MEETING TO BE HELD TO OUTLINE STRATEGY
Journal of Commerce Staff |
Royal Nedlloyd NV, the troubled Dutch shipping and transport group, announced Thursday it will hold
Maritime
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Feb. 13, 1991CRUDE OIL(1,000 barrels; dollars and cents
AMERICAN PRESIDENT DOMESTIC BOOSTS PRESENCE IN SOUTHEAST APC UNIT INCREASES DOUBLE-STACK SERVICE
Allen R. Wastler |
American President Domestic Co., the intermodal arm of Oakland-based American PresidentCos., is beef
DROUGHT, WEAK WORLD PRICES CREATE UNCERTAINTY FOR CALIF. WHEAT GROWERS
Scott Stuart |
Another year of drought and weak prices threatens the survival of California's wheat industry, as al
WITHDRAWAL OF AMERICAN AIRLINES SHIFTS CARGO ON CALIFORNIA ROUTE
Journal of Commerce Staff |
The withdrawal of American Airlines from the Los Angeles-to-San Francisco corridor has given slightl
MAIL DESTINED FOR THE GULF PILES UP IN MIAMI
Fort Lauderdale Sun-Sentinel |
Talk about getting lost in the mail. Workers at the main post office in Miami have been work
MOST JAPAN CITY BANKS UNLIKELY TO BOOST THIRD WORLD RESERVES
Knight-Ridder Financial |
Japan's 12 city banks will not be boosting reserves as expected against loans to developing countrie
BANK OF MONTREAL TO CUT PRIME RATE
Knight-Ridder Financial |
Canada's Bank of Montreal will lower its prime lending rate 0.25 percentage point to 11.25 percent,
EGYPT SAID TO BE BALKING OVER NEW PL-480 TERMS
Knight-Ridder Financial |
The signing of a $150 million PL-480 commodities agreement between Egypt and the United States appea
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