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*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Jan. 30, 1991Dubai Crude Oil - (Dollars Per Barrel
DOUBTS ABOUND ON PACIFIC RATE HIKE
Allen R. Wastler |
U.S. importers and analysts doubt that ocean carriers moving goods from the Far East to North Americ
Maritime
GOLD PRICES SLUMP TO 3-MONTH LOW ON SOVIET REPORTS MARKETS IGNORE PERSIAN GULF CLASH
Howard Simon |
Gold prices sank Wednesday to a three-month low. Cash gold bullion hit a low of $365.25 an o
MARITIME BRIEFS
From Wire and Staff Reports |
SHIP CARRYING CEMENT TRANSITS SUEZ CANALCAIRO, Egypt - A Yemen-bound cargo ship carrying cem
Maritime
TACOMA PORT'S BOX GROWTH LAGGED EARLY EXPECTATIONS
Journal of Commerce Staff |
Ports in the Pacific Northwest may have handled maritime cargo with a higher total value than that p
Maritime
JAPAN'S GULF AID COULD POSTPONE US TRADE ACTION
John Maggs |
The Bush administration probably will postpone trade retaliation for restrictions on Japan's constru
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN WEST INSURANCE CO. (Greenwich, Conn.) - Lorens E. Johnson was named president of American W
PEOPLE - MARITIME
From Wire and Staff Reports |
GENERAL STEAMSHIP CORP. (San Francisco) - Gene H. Dieterle was named assistant vice president for th
Maritime
TINY SOUTH PACIFIC TAX HAVEN STRIVES TO RETAIN SQUEAKY-CLEAN REPUTATION
From Wire Reports |
Businessmen and officials in the idyllic Cook Islands are determined to keep this tiny nation's repu
Maritime
NEW INVESTMENT CLIMATE IN CAMEROON SUCCEEDS IN ATTRACTING US INTEREST
Duncan Robinson |
Cameroon, the West African nation best known for its soccer team's stunning play in the 1990 World C
Maritime
NEW GAS CRACKER IN INDIA DRAWS FOREIGN INTEREST NINE MORE PLANTS ON DRAWING BOARD
N. Vasuki Rao |
The federal government approved a new gas cracker for the troubled northeastern state of Assam.<
KEY GATT PLAYERS SLATED TO MEET IN GENEVA TODAY
John Zarocostas |
Arthur Dunkel, director-general of the General Agreement on Tariffs and Trade, plans to convene top-
Maritime
SOUTHERN TIER PACT: WILL IT LEAD TO NY ABANDONMENTS?
Geoffrey Brown |
An agreement between Consolidated Rail Corp. and New York state regarding Conrail's rail service com
JAPANESE OIL OUTPUT PUTS COASTAL SHIPS IN DEMAND
Knight-Ridder Financial |
Japanese refiners are facing a shortage of vessels to ship petroleum productsfrom refineries
Maritime
EARNINGS SLIDE AT AIRBORNE FREIGHT
Journal of Commerce Staff |
Airborne Freight Corp., which operates under the trade name Airborne Express, earned earned $5.2 mil
SUPPLIES OF CRUDE OIL ROSE LAST WEEK, API BULLETIN SAYS
Journal of Commerce Staff |
Crude oil inventories increased last week by 3.1 million barrels from the previous week, the America
BALTIC FREIGHT INDEX
JOC Staff |
1466 (Jan. 30, 1991) Previous day - 1466 The Baltic International Freight Futures Market in
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 30, 1991 Copper Total, 14,783. Gold Total, .1,705,283.Silver Total, .266,205,073.
SOVIETS HOPEFUL, JAPAN CAUTIOUS AS TALKS START
From Wire Reports |
Soviet industry leaders hoped to clear new approaches for business ties with Japan but Japanese indu
Maritime
SHIPPING REGISTRY OF PANAMA SHRANK IN '90, BUT REVENUE GREW
Larry Luxner |
Revenue from the registration of ships jumped nearly 20 percent last year even though the size of th
Maritime
SHIP TARIFF ADVISORY GROUP FACES FISCAL, REGULATORY BARRIERS, FMC SAYS
Tony Seideman |
Fiscal and regulatory constraints make it difficult for the Federal Maritime Commissionto create the
'90S MAY BE 'GOLDEN DECADE' FOR RAILROADS, ANALYST SAYS COAL INDUSTRY EXPECTED TO BENEFIT
Lawrence H Kaufman |
A leading Wall Street analyst told the National Coal Association conference on transportation polici
MARITRANS REPORTS DROP IN EARNINGS
Journal of Commerce Staff |
Increased spending on safety depressed the earnings of Maritrans Partners LP, the coastal tug and ba
Maritime
CRUISE TERMINAL PROJECT PROPOSED AT SAN FRANCISCO
Journal of Commerce Special |
Scandinavia Center Inc. unveiled a proposal for a $200 million international cruise terminal and mar
Maritime
COVER VIRTUALLY NONEXISTENT FOR GULF OIL SPILL CLEANUP
Lorraine Iannello |
Companies and environmentalists helping to clean up the massive oil spill in the Persian Gulf war zo
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EC BODY EXPECTED TO APPROVE REFORM OF FARM POLICY PROPOSAL INCLUDES DEEP SUBSIDY CUTS
Bruce Barnard |
The European Community Commission is expected to approve today a controversial plan to radically ov
TV AD AIRED IN US DEFENDS TOKYO'S BAN ON IMPORTED RICE
John Maggs |
Americans who tuned in to CNN Tuesday night to catch the latest war news saw what might be the first
ITALIAN BUSINESS BRACES FOR IMPACT OF CRISIS
Rosy Nimroody |
Italian big business is bracing itself for rough times resulting from the gulf war, according to a s
Maritime
EC AGREES ON AID FOR EAST EUROPE
Knight-Ridder Financial |
The European Community Commission has agreed to spend 25 million European currency units ($34.3 mill
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
DANZAS TO EXPAND EUROPE FREIGHT SERVICEGENEVA - Danzas Group, will expand its Eurapid expres
COMMODITY BRIEFS
Wire and Staff Reports |
INDIA WINS ORDER FROM USSR FOR COFFEENEW DELHI, India - The Coffee Board signed a 1.6 billio
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
CESSNA BUCKS SLUMP, PLANS FOR EXPANSION
Bob Cox |
The nation may be in the grip of a recession, but not Cessna Aircraft Co., which plans to hire about
WORKSHOP SET ON CLEAN COAL
From Wire Reports |
The Energy Department will hold an informational workshop Feb. 7 on its clean coal technology progra
RISING GLOBAL OUTPUT LIKELY TO PUSH DOWN PRICES IN '92
Knight-Ridder Financial |
World cotton prices may fall in 1991-92 (August-July) if production reaches expected record levels,
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,470-$1,480 per ton lots & in warehouse min. 99.
CROWLEY HOPES TO SAY IT WITH FLOWERS
Craig Dunlap |
Crowley Maritime Corp. doesn't buy the popular notion that fragile Colombiancut flowers must
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 30, 1991*Brent Crude Oil - (Dollars Per Barrel)
KNIGHT-RIDDER'S NET INCOME FELL 23.7 PERCENT IN FOURTH QUARTER
Knight-Ridder Financial |
Knight-Ridder Inc. said Wednesday that its fourth-quarter net income from continuing operations fell
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