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CRISIS, SPILL FEARS AID US TANKER OWNERS
Bruce Vail |
Some owners of U.S.-flag oil tankers are reaping unexpected benefits from the Persian Gulf crisis as
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 7, 1991Brent Crude Oil - (Dollars Per Barrel)-
MARITIME BRIEFS
From Wire and Staff Reports |
BULK CARRIER SINKS IN GULF OF OMANLONDON - The 11,972-deadweight-metric-ton bulk carrier Dem
Maritime
TROUBLED AIRLINES TRYING TO REASSURE MEMBERS OF FREQUENT FLIERS' CLUBS
Jim Lynch |
As some of the nation's largest airlines tumble toward bankruptcy, frequent fliers have cause to fre
TAIWAN GOLD IMPORTS FELL 35.12 PERCENT IN 1990
Knight-Ridder Financial |
Taiwan's gold imports dipped to 103.7 metric tons in 1990, down 35.12 percentfrom the previo
ROTTERDAM PORT FILES SUIT OVER POLLUTION
Journal of Commerce Staff |
The Port of Rotterdam said it is suing a French state-owned mining company to recover costs of clean
Maritime
OIL POLLUTION LAW PROMPTS INCREASE IN TANKER CREWS
Journal of Commerce Staff |
The tougher oil pollution law Congress enacted last year is forcing increases in the crew sizes of t
Maritime
MIDDLE-AGED COAST GUARD RESERVISTS SURPRISED TO BE IN SAUDI ARABIA
Frank Bruni |
The telephone installer, the rural postmaster and the boiler operator skidded across the turquoise w
Maritime
LUXEMBOURG TAX RATE CUT TAKES EFFECT
Journal of Commerce Special |
A 33 percent corporate tax rate became effective Jan. 1 in Luxembourg, following a 1 percent reducti
Maritime
FAILURE IN URUGUAY ROUND TALKS SEEN HURTING LATIN TRADE PLAN
John Maggs |
A failure of the stalled global trade talks would hurt President Bush's Latin American trade proposa
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
MITSUI LINES CENTRALIZES SHIP BASE IN NEW YORK
Bill Mongelluzzo |
Mitsui O.S.K. Lines (America) Inc. announced Monday a reorganization plan that includes the naming o
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
ASIAN FUTURES
JOC Staff |
Jan. 7, 1991 JAPANFinancial Futures*Japanese Gov't BondsPer 10-year, 6% bond
COSCO'S US EXPANSION IS VIRTUALLY COMPLETE
Journal of Commerce Staff |
Over the past 16 months, China Ocean Shipping Co. doubled its ship capacity across the Pacific, depl
Maritime
*NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Jan. 4, 1990CRUDE OIL(1,000 barrels; dollars and cents
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 7, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 35.95
INSURANCE BRIEFS
From Wire and Staff Reports |
EAGLE-PICHER SEEKS BANKRUPTCY PROTECTIONEagle-Picher Industries Inc. filed for Chapter 11 ba
CHEMICAL BRIEFS
From Wire and Staff Reports |
GOODRICH TAKES OVER HERCULES AIRCRAFT UNITSBFGoodrich Co. said it completed its acquisition
US OIL IMPORTS AT 2-YEAR LOW
From Wire Reports |
Imports of crude oil fell to their lowest level in nearly two years last week as U.S. refiners grew
ENERGY BRIEFS
Wire and Staff Reports |
CRUDE PRICES JUMP BY $2.75 ON NYMEXNEW YORK - Oil prices on the New York Mercantile Exchange
EDI EXCHANGE
Tony Seideman |
PAPERLESS TRADING can mean less people in the workplace - just ask Sears, Roebuck and Co. Fe
ISRAELIS HIT PLAN TO HIRE FOREIGN LABOR
From Wire Reports |
Israeli politicians Monday criticized a plan to hire 10,000 foreigners to build homes for a flood of
Maritime
US-SOVIET FOOD PACT IS CLOSER TO FRUITION
Knight-Ridder Financial |
The U.S. Agriculture Department tentatively agreed to include freight costs in its export credit pac
CHECKPOINT FILES NEW SUIT ON PATENTS
Journal of Commerce Staff |
Checkpoint Systems Inc., which manufactures advanced microprocessor and radio frequency-based securi
Maritime
ROMANIA PLANS TO CUT BACK 200,000 JOBS TO SAVE ENERGY
From Wire Reports |
The Romanian government plans to fire about 200,000 metal workers and miners as part of a drive to s
CALIFORNIA'S BIG INSURERS FACE FLOOD OF CLAIMS FROM TWO-WEEK FREEZE
Jerry Goldberg |
California's major insurers have been flooded with claims from a sudden freeze that has been called
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 7, 1991Bid AskedCopper-G
GASOLINE PRICES
JOC Staff |
Jan. 7, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
SPOT PRODUCT PRICES
JOC Staff |
Jan. 7, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
SOVIETS ASK FOR AID FROM SOUTH KOREA
Knight-Ridder Financial |
South Korean President Roh Tae Woo Monday received a letter from Soviet President Mikhail Gorbachev
CORRECTION
JOC Staff |
The story headlined "Property/Casualty Pros Reveal New Year's Goals," which appeared on Page 9A in
GHANA SEEKS CHINA'S PARTNERSHIP FOR COCOA-PROCESSING VENTURE
Knight-Ridder Financial |
Ghana is seeking to persuade China to join a joint venture for the processing of cocoa beans, a sour
OPEC'S CRUDE BASKET ROSE TO $22.25 IN 1990
Knight-Ridder Financial |
The price of the basket of seven crude oils monitored by the Organization of Petroleum Exporting Cou
ENERGY BRIEFS
Wire and Staff Reports |
REPORT SAYS IRAQ SET TO DISCUSS WITHDRAWALLONDON - Iraq's ruling Revolutionary Command Counc
COAL TERMINAL REPORT
JOC Staff |
Jan. 7, 1991 This table shows the vessels scheduled to call at U.S. coal terminals and the e
CME BOARD ADOPTS NEW CLEARING FEE STRUCTURE
Knight-Ridder Financial |
The Chicago Mercantile Exchange board of governors announced Monday it has adopted a new clearing fe
CORRECTION
JOC Staff |
Suez Canal revenues for 1990 exceeded expectations by $0.2 billion. Two versions of the figure, one
COMECON REPLACEMENT CALLED FACE-SAVING TRANSITIONAL MOVE
Paula L. Green |
The replacement of the East bloc's trade coordinating group with a new organization is a transitiona
Maritime
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