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CHEMICAL BRIEFS
From Wire and Staff Reports |
ELF AFFILIATES PLAN CAUSTIC SODA VENTURETg Soda Ash Inc. and Atochem North America Inc. both
LINKS TO IRAQ SUPPORT PORT OF AQABA UN SANCTIONS SURVIVE IRAQI ATTEMPT TO LOAD OIL
From Wire Reports |
U.N. sanctions on Baghdad survived their first major test when Saudi Arabia turned back an Iraqi tan
Maritime
DOLLAR REMAINS WEAK AS MARKET HEEDS US RECESSION PROBLEMS
Knight-Ridder Financial |
The U.S. dollar remained weak Monday as support from the Middle East conflict failed to outweigh com
PACIFIC CARRIERS BOOST FUEL FEES
Mark Magnier |
Major ocean carrier groups in the trans-Pacific market are taking emergency steps to compensate for
TEAMSTERS APPROVE CONTRACT AT UPS HOURLY WAGE IS $17.74 IN '92
Leo Abruzzese |
Truck drivers and package handlers at United Parcel Service Inc. narrowly approved a new three-year
ROMANIA STEERS 4X4 AT AMERICA
David Everett |
As American investors wade into Eastern Europe, few are choosing politically volatile Romania.
CRISIS TO SPUR AUSTRALIAN OIL OUTPUT?
From Wire Reports |
Uncertainty over Middle East oil supplies and rising prices could spur Australia to become a signifi
COST OF CREDIT
JOC Staff |
Fri., Aug.10, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
INDIA SEARCHES FOR OIL FROM ALTERNATE SOURCES
N. Vasuki Rao |
The crisis in the Persian Gulf has left India with only five weeks of petroleum stocks, and the coun
NY PORT CHIEF HIGHLY REGARDED
William Armbruster |
Stanley Brezenoff, the newly appointed executive director of the Port Authority of New York & New Je
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
CHINA TO PURCHASE OIL FROM INDONESIAJAKARTA, Indonesia - China will buy up to 300,000 metric
AVIATION BRIEFS
Wire and Staff Reports |
KAMAN AEROSPACE GETS GE PARTS CONTRACTBLOOMFIELD, Conn. - Kaman Aerospace Corp. has won an $
NIT LEAGUE URGES ELKINS ACT EXEMPTION FOR RAILROADS
Geoffrey Brown |
The National Industrial Transportation League urged the Interstate CommerceCommission to per
Transport, Trade and Regulation News
AFGHAN MERCHANTS FIND WAY TO SMUGGLE UP TO BIG MONEY
(Ap) |
Eleven years ago, Sarajuddin Aryobi was a small-time merchant struggling with the family livestock b
Maritime
TRANS-SIBERIAN RAIL SNAGS LIMIT INTERMODAL USE
John Davies |
The Trans-Siberian Railroad readily could become a low-cost landbridge handling several times as man
BALTIC FREIGHT INDEX
JOC Staff |
1237 (Aug. 13, 1990) Previous day - 1232 The Baltic International Freight Futures Market in
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 13, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 13, 1990Bid AskedCopper-
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
THAI GROUP TO VISIT IRAN IN SEARCH FOR OIL
Knight-Ridder Financial |
A delegation from Thailand, formed mainly by representatives of the Petroleum Authority of Thailand,
TRAFFIC BRIEFS
Wire and Staff Reports |
FUEL COSTS DRIVE BARGE RATES UPKANSAS CITY, Mo. - Barge freight rates jumped 10 percent to 1
PEOPLE - SHIPPERS COTTON SHIPPERS GROUP ANNOUNCES PROMOTIONS
Wire and Staff Reports |
MEMPHIS, Tenn. - Neal P. Gillen is the new executive vice president of the American Cotton Shipper
Transport, Trade and Regulation News
LEGISLATION TO RECTIFY RATE PROBLEM HITS SNAG TEAMSTERS UNION JOINS OPPOSITION
Allen R. Wastler |
Fierce resistance from labor and trucking company creditors is threatening to bring to a halt a ship
Transport, Trade and Regulation News
INSURERS HOPE TO STOP SALES BY BANKS IN DEL.
Kenneth Silverstein |
Insurance groups said they are considering legal action against the Federal Reserve Board in an effo
LINKS TO IRAQ SUPPORT PORT OF AQABA IRAQ SAID TO BE USING AQABA TO GET SUPPLIES
From Wire Reports |
Israeli media Monday said Iraq was using the Jordanian Red Sea Port of Aqaba to break the United Nat
Maritime
QUOTA WATCH
Source: American Association of Exporters and Importers |
TEXTILE QUOTAS TO WATCH AS OF AUG. 10, 1990* Country Category Description
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
MOODY'S CUTS RATINGS OF 2 JAPANESE BANKSMoody's Investors Services Inc. cut its long-term cr
CHINESE PLANT PLANS TO BOOST BOX EXPORTS VENTURE BACKED BY US'S ACKON
P.T. Bangsberg |
An American-backed manufacturer of maritime containers in China intends to expand production and beg
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 13, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
LINKS TO IRAQ SUPPORT PORT OF AQABA
Larry Luxner |
From the docks along the Port of Aqaba, an observer can gaze out on four nations simultaneously: Egy
Maritime
PORT OF PHILADELPHIA DEFENDS LEASE TALKS WITH HOLT CARGO
Allen R. Wastler |
Criticism concerning lease negotiations with one of the main stevedores at the Port of Philadelphia
Maritime
ECONOMIC WOES TO SPUR US AIRLINE SHAKEOUT? HIGH OIL PRICES AT CORE OF PROBLEM
From Wire Reports |
High oil prices and a weakening U.S. economy may lead to a shakeout of the airline industry, killing
NAVY CHARTERS SHIPS TO SUPPLY TROOPS, INCREASES BOOKINGS
WILLIAM DiBENEDETTO |
The Navy will have to rely heavily on the merchant marine to help supply troops in the Persian Gulf,
JAPANESE SHY AWAY FROM US SECURITIES
Eric Coleman |
Japanese participation in the U.S. Treasury's August quarterly refunding was less than in past aucti
INSURANCE, FUEL CHARGES THREATEN TANKER PROFITS
Janet Porter |
The tanker industry may be entering a period of slow steaming and increased lay-ups reminiscent of
OVERSEAS SHIPHOLDING REPORTS PROFIT RISE
Journal of Commerce Staff |
Overseas Shipholding Group Inc. said net income for the quarter ended June 30 rose sharply from the
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
GUILFORD SEEKS A PROBE INTO ACTIONS BY ICC TRACKAGE CASE TURNS POLITICAL
TOM McNIFF Jr. |
Lawyers for Guilford Transportation Industries plan to turn the relative simplicity of a trackage co
AGF MOVES DEEPER INTO SOUTHEAST ASIA
Jacob Daniel |
The French insurance firm AGF International has secured a foothold in Singapore's growing industry w
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