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NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Dec. 20, 1990CRUDE OIL(1,000 barrels; dollars and cents
HONG KONG EXPORTS TO THE US STILL DEPRESSED, IMPORTS RISE
P.T. Bangsberg |
Hong Kong's exports to the United States, the largest single market, recovered a little in October b
HIGH OIL PRICES ENDANGERING DEVELOPING WORLD'S ECONOMIES
Dennis Melamed |
Saudi Arabia and some other oil-producing countries may reap financial windfalls as high as $150 bil
Maritime
SECURITY INCREASED ON SUEZ CANAL
From Wire Reports |
Authorities at the Suez Canal fear that Iraq might try to scuttle a ship in the waterway to prevent
Maritime
LONG BEACH REASSURES SHIPPERS ON DISNEY THEME PARK PLAN
Art Wong |
Trying to douse fires fanned by its main competitor, a Port of Long Beach delegation flew to the Far
Maritime
PITTSTON SIGNS CONTRACTS TO SUPPLY 2 AEP UNITS
Journal of Commerce Staff |
Pittston Co. signed 10-year supply agreements for low-sulfur coal with two operating units of Americ
ACL CHARTERS GERMAN VESSEL TO COVER TRANS-ATLANTIC ROUTE
Leeann Lodder |
Atlantic Container Line chartered a German containership and leased space on other vessels to fill i
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
RAINE ELECTED MASSPORT CHIEF IN 6-0 VOTE
Michael S. Lelyveld |
Fulfilling widespread expectations, the Massachusetts Port Authority named Alden S. Raine, the state
Maritime
SHIP PARTNERSHIPS IN PACIFIC RESHUFFLE
Mark Magnier |
A major reshuffling in the shipping market between the United States and the Far East was announced
COMPUTER MAKER, IBM PROPOSE BRAZILIAN VENTURE
James Bruce |
International Business Machines Corp. and a Brazilian computer manufacturer are seeking Brazilian go
MIDEAST CRISIS SEEN PARING DOW PLASTICS' GROWTH IN 1991
Pei-Tse Wu |
Higher chemical feedstock prices brought on by the crisis in the Persian Gulf could cost Dow Chemica
PROSPECT OF PAN AM AND TWA SALES TRIGGERING UK CALLS FOR CONCESSIONS
From Wire Reports |
Some things in life are free, but airline landing rights in foreign countries are not among them.
ENERGY BRIEFS
Wire and Staff Reports |
EXXON SET TO OPEN EAST EUROPE STATIONSIRVING, Texas - Exxon Corp. said Friday that it is ina
FUNDAMENTALS PUSH DOWN MASS. GASOLINE, FUEL OIL PRICES
Journal of Commerce Special |
A developing downward trend in Massachusetts home heating oil and gasoline prices is due to a refocu
TECHNICAL AND FINANCIAL AID URGED TO STIMULATE SOVIET ECONOMIC REFORM
Richard Lawrence |
The Soviet Union should promptly initiate more basic and comprehensive economic reforms with the tec
CHINESE STEEL TECHNOLOGY WINS CONVERTS IN INDIA
N. Vasuki Rao |
The Chinese have drawn up plans to invade India in a big way - not with the People's Liberation Army
Maritime
WORKERS COMP LAW UNDER FIRE IN TEXAS JAN. 1 LAUNCHING IS NOW IN DOUBT
Laura Raley Borda |
A reform law aimed at curing Texas' ailing workers compensation insurance system has taken several t
FISH-PROCESSING SHIP OWNERS ACT TO HALT REFLAGGING TO US REGISTRY
John Davies |
Owners of U.S.-flag ships that process fish off Alaska are urging the Coast Guard not to allow more
Maritime
MAKE EFFICIENCY FOUNDATION OF ENERGY POLICY, BUSH URGED
Tim Sansbury |
Make energy efficiency, including a reduction in consumption, the cornerstone of U.S. energy policy,
MARITIME BRIEFS
Wire and Staff Reports |
NEDLLOYD CONSIDERING PRIVATE SHARE ISSUEROTTERDAM, Netherlands - Royal Nedlloyd Group NV, th
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Dec. 21, 1990 Copper Total, 15,653. Gold Total, .1,526,652.Silver Total, .263,590,149.
PEMEX LOOKS FOR REFINING CAPACITY IN THE US
Michael J. Strauss |
Petroleos Mexicanos, the Mexican state oil company, is holding talks with several U.S. refiners abou
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
TEXTILE CHEMICALS Henkel Corp. announced price increases for its textile chemicals division.
SPOT COMMODITIES
JOC Staff |
Dec. 21, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
GE CHOSEN TO BUILD JAPANESE FIGHTER ENGINE
From Wire Reports |
General Electric Co. has won a contract to build engines for Japan's FSX jet fighter, a spokesman fo
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Mexican Objectives for North American Free Trade. Jan. 15. Contact Jim Santos
Maritime
FARM TALKS LEADER SEES 50 PERCENT CHANCE OF DEAL
From Wire Reports |
The Dutch chairman of GATT's farm trade negotiating group Friday said there is still a 50-50 chance
Maritime
JAPAN PLANS TO HIKE PENALTIES FOR JOINING ILLEGAL CARTELS
From Wire Reports |
Japan plans to sharply raise the surcharges on companies involved in illegal cartels in response to
Maritime
INDIA UNVEILS EXPANSION PLANS TO DOUBLE PORTS' BOX CAPACITY
N. Vasuki Rao |
Container handling capacity at the Haldia dock complex near Calcutta will be doubled to the equivale
Maritime
COST OF CREDIT
JOC Staff |
Fri., Dec. 21, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
THREE STATES, DC STILL LACK LIFE INSURANCE SAFETY NET
Brigitte Maxey |
A Louisiana couple's dreams of a comfortable retirement were shattered when the wife suffered a stro
CHINA RIVALS SANTA AS SUPPLIER OF TOYS TO US CHILDREN
Paula L. Green |
pushing aside Santa Claus - will be the biggest supplier of the games, dolls,puzzles, balls and othe
FEARING SHAKEOUTS, INDONESIAN BANKS GETTING BACK TO BASICS
Knight-Ridder Financial |
Banks in Indonesia are bracing themselves for a shakeout next year after enjoying explosive growth s
WASHINGTON STATE LABOR GROUP ORGANIZES CHINESE 'TOYCOTT'
John Davies |
The largest labor group in Washington state says it is backing a nationwide boycott of toys made in
Maritime
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
EGYPT'S COTTON GROWERS FACE BEARISH '90-91 EXPORT OUTLOOK WEAK DEMAND, LOW OUTPUT CITED
Gayle Young |
When cotton was the white gold that held up Egypt's economy, buyers would snap up every available ba
CHINA-SINGAPORE METALS VENTURE TO TAP AUSTRALIA, ASIA MARKETS
Knight-Ridder Financial |
China National Metals Import and Export Corp. has formed a joint venture company with Singapore's Na
GASOLINE PRICES POST SHARPEST DROP FOR 1990, NY ENERGY OFFICE SAYS
Journal of Commerce Staff |
Statewide average gasoline prices fell for all grades of fuel last week, the sharpest one-week decli
GASOLINE PRICES
JOC Staff |
Dec. 21, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
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