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SINGAPOREAN YARDS PROTEST RISE IN LABOR SURCHARGE
Jacob Daniel |
The local shipbuilding and repair industry received a jolt this week when the government announced a
Maritime
GE FORMS VENTURE WITH KOREAN FIRM
Journal of Commerce Staff |
GE Plastics and Kumho Petrochemical Co. of South Korea formed a Korean joint venture company, Kumho
COMMODITY BRIEFS
From Wire and Staff Reports |
WHEAT SUBSIDIES UNDER FIRE IN AUSTRALIASYDNEY, Australia - High production worldwide, as wel
NEW AIRPORT IN MUNICH HOPES TO LURE TRAFFIC FROM ASIA FRANKFURT OFFICIALS SEE NO THREAT
Miriam Widman |
A new airport will open in Munich next year that officials hope will serve as a major traffic center
NOVEMBER 1990 BOX VOLUME ROSE 4 PERCENT FROM 1989 MONTH
Data from manifests and bills of lading compiled by PIERS, |
U.S. Ports' International Freight in 20-Foot Container Equivalents, or TEUs Nov. 1990 Nov.
Maritime
FIRMS RELYING ON DIRECT MAIL TO FEEL POSTAL HIKE CRUNCH
Pat Baldwin |
In her 30 years in the mailing services business, Ruthie Ewers has never experienced a more confusin
SOVIETS EXPECT STABLE OIL PRODUCTION
Knight-Ridder Financial |
The Soviet Union's oil output should remain stable for the next five years at around 570 million ton
VAN OMMEREN UNIT EXPANDS OPERATIONS IN BRUNSWICK, GA.
Journal of Commerce Staff |
A subsidiary of Van Ommeren Ceteco today begins leasing and operating its second Georgia Ports Autho
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,465-$1,475 per ton lots & in warehouse min. 99.
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Jan. 30, 1991CRUDE OIL(1,000 barrels; dollars and cents
FRENCH HIKE NOT LIKELY
Knight-Ridder Financial |
France's monetary authorities probably won't follow Thursday's surprise hike in German interest rate
E AWARD-WINNING EXPORTERS MARESCO INTERNATIONAL
JOC Staff |
DATE OF AWARD: "E" Award for export service in 1989.WHY THE AWARD WAS GIVEN:Since it
Maritime
COMMERCE PROBES IMPORTS OF WIRE ROPE
Journal of Commerce Staff |
India is subsidizing steel wire rope exports to the United States, the Commerce Department said Wedn
Maritime
CUSTOMS UPDATE
JOC Staff |
CANADIAN FREE TRADE AGREEMENT: 1991 MERCHANDISE PROCESSING FEE RATE REDUCTIONS. The new merchandise
Maritime
STALLED GATT TALKS THREATEN FUTURE OF GLOBAL TRADE, CHAMBER HEAD SAYS
Journal of Commerce Staff |
The Uruguay Round negotiations to modernize and expand the General Agreement on Tariffs and Trade ha
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
LIT FUTURES ACQUIRED BY DUTCH BANK UNITLIT Futures has been bought by Pierson, Heldring and
EARNINGS CONSOLIDATED FREIGHTWAYS NARROWS ITS 4TH-QUARTER LOSS
Wire and Staff Reports |
Consolidated Freightways Inc. narrowed its loss in the fourth quarter of 1990 to $1.87 million on re
USSR ETHYLENE REFINERY SAID NOT TO BE SITE OF BLAST
Knight-Ridder Financial |
It is not an ethylene plant in Nizhnekamsk, U.S.S.R., but a refining plant that was feeding naphtha
CALIF. ECONOMY DOWN, NOT OUT
From Wire Reports |
There's a chill economic wind blowing through California as recession and war bite into West Coast g
ENERGY BRIEFS
Wire and Staff Reports |
OPEC OIL BASKET DECLINES TO $18.73The average price of the basket of seven crude oils monito
INDIA PUSHING LIGNITE DEVELOPMENT TO PROVIDE FUEL FOR POWER PLANTS
N. Vasuki Rao |
The Indian government plans to increase exploration and mining of lignite in the next five years to
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FREIGHT RATE FUTURES
JOC Staff |
Jan. 31, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 31, 1991 Prices in the spot chemicals table include spot quotations or list price
GASOLINE PRICES
JOC Staff |
Jan. 31, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
SEA-LAND SHUNS APL TO FORM NEW SERVICE WITH MAERSK LINE
Allen R. Wastler |
The announcement Wednesday by Sea-Land Service Inc. that it will join forces with A.P. Moller-Maers
BUNDESBANK'S RATE HIKE JOLTS FINANCIAL MARKET
From Wire Reports |
Germany's central bank stunned financial markets Thursday by announcing it had raised its key discou
INSURANCE EARNINGS
Wire and Staff Reports |
MERRETT HOLDINGS POSTS DOWNTURN IN PROFITMerrett Holdings PLC, the leading Lloyd's of London
MIDEAST BUYING, LOW STOCKS GIVE BOOST TO US RICE FUTURES
Suzanne Carter |
A sharp increase in the benchmark U.S. Department of Agriculture world rice price Tuesday sent rough
JAPAN CAPITAL FLOW TO US SHRINKS
From Wire Reports |
While Japan has pledged $9 billion to the U.S.-led Persian Gulf war effort, the flow of Japanese inv
SEA-LAND EXPERIENCES PROBLEMS WITH CREWS OF FOREIGN-FLAG SHIPS
Bruce Vail |
An official of the largest container shipping company in the United States confirmed this week that
JOBLESSNESS RISES SLIGHTLY IN NORWAY
Knight-Ridder Financial |
The number of unemployed persons in Norway rose by 806 in January to 102,745, or 4.8 percent of the
RUSSIAN REPUBLIC PLANS TO INVITE OIL LEASE BIDS
Michael Strauss |
Russia, the Soviet Union's largest republic, is preparing to allow foreign companies to participate
ASIAN FUTURES
JOC Staff |
Jan. 31, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
FINANCIAL BRIEFS
Wire and Staff Reports |
KAIFU DUCKS SNEAKERS OVER GULF AID PLANAn embattled Prime Minister Toshiki Kaifu ducked oppo
LINES CAN'T QUENCH PORTS' THIRST FOR SEA-AIR CARGO COST ADVANTAGES FUEL WEST COAST DEMAND
Bill Mongelluzzo |
West Coast ports view sea-air cargo as a growth market limited only by the willingness of airlines t
CLEAN AIR ACT COULD BOOST DEMAND FOR GAS BY 13 PERCENT, ASSOCIATION SAYS
Tim Sansbury |
Demand for natural gas will increase by as much as 2.5 trillion cubic feet annually, or about 13 per
FEEDER CATTLE PRICE BREAK FORECAST DURING FIRST QUARTER OF THE YEAR
Marc Weinstein |
Feeder cattle prices are expected to come under selling pressure soon if the U.S. Department of Agri
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended1-25 1-1
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Jan. 29, 1991CRUDE OIL(1,000 barrels; dollars and cents
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