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NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 13, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley d28.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in wareh
COMMODITY BRIEFS
From Wire and Staff Reports |
HEAVY IVORIAN RAINFALL SENDS COCOA DOWNCocoa futures fell sharply here and in London Monday
TRADE BRIEFS
Wire and Staff Reports |
MANDELA SAYS ANC MAY RELAX SANCTIONSJOHANNESBURG, South Africa - Anti-apartheid leader Nelso
Maritime
US, JAPANESE YARDS URGE SUBSIDY ACCORD BY THE END OF YEAR
WILLIAM DiBENEDETTO |
U.S. and Japanese shipbuilders last week called on negotiators to conclude an agreement by the end o
Maritime
PHILADELPHIA THREATENS RETALIATION ON FRUIT CALIF. MOVES HIT IMPORTS
Allen R. Wastler |
Officials of the Port of Philadelphia are going to press agencies in their state to impose quality i
Maritime
SOME MEMBERS OF OPEC READY TO BOOST OUTPUT
From Wire Reports |
Key Organization of Petroleum Exporting Countries member-states, including Saudi Arabia and Venezuel
CORRECTION
JOC Staff |
Due to an editing error, a name was incorrectly rendered in a story, "Oakland Body Ousts O'Brien, Ab
Maritime
WORKING RIG COUNT RISES BY 26 TO 992
From Wire Reports |
The domestic rig count jumped by 26 to a total of 992 last week, Baker Hughes Inc. said. The
HONG KONG FINANCIAL OFFICIALS SKEPTICAL ABOUT NEW CHINESE RAIL
P.T. Bangsberg |
Rail and finance industry people expressed bewilderment Monday at a bland announcement by China that
DROUGHT CONDITIONS SAP INSURERS IN BRITAIN
Janet Porter |
The band of rain that is expected to cross the south of England Wednesday is not likely to bring any
JAPANESE FIND SUBSTITUTES FOR IRAQ, KUWAIT NAPHTHA
Knight-Ridder Financial |
Japanese traders and petrochemical companies have already found supplies to substitute for the napht
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
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