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LONDON EXCHANGE TO PROBE COMPLAINTS
Knight-Ridder Financial |
London's International Stock Exchange will investigate complaints it received Friday about "dealing
MALAYSIA'S TRADE STATUS WITH US STRENGTHENS
P.T. Bangsberg |
Moves to strip Malaysia of its duty-free export privileges to the United States appear to be running
Maritime
S. KOREA MOVES TO BUILD TRADE WITH THE NORTH
From Wire Reports |
President Roh Tae Woo announced Friday that South Korea would open its borders to goods and transpor
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CURRENT ACCOUNT SURPLUS FALLS 27 PERCENT IN JAPANJapan posted an unadjusted current account
COST OF CREDIT
JOC Staff |
Fri., June 29, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
SPOT CHEMICAL PRICES
JOC Staff |
As of June 29, 1990 Prices in the spot chemicals table in clude spot quotations or list pric
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 29, 1990Brent Crude Oil(Dollars Per Barrel)
IRA BRESKIN'S INSIDE TALK ON AIR CARGO
Ira Breskin |
NIPPON CARGO AIRLINES has found a unique way to overcome the shortage of Japanese pilots. Th
EXPERTS CALL TANKER BOYCOTT SCARE TACTIC
Bruce Vail |
Threats by oil tanker companies to boycott U.S. ports because Congress is steadily drifting toward h
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 29, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 23.20
TRAFFIC BRIEFS
Wire and Staff Reports |
JUDGE CLEARS SP IN DRUG-TESTING CASEA federal judge cleared Southern Pacific Transportation
ADMINISTRATION BACKS BAN ON LOG EXPORTS
John Davies |
In a reversal of previous policy, the Bush administration says it will support a congressional ban o
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
AVIATION TRAFFIC REPORT
Wire and Staff Reports |
HORIZON AIR, a subsidiary of Alaska Air Group Inc., flew 27.4 million revenue passenger-miles in May
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 27, 1990CRUDE OIL(1,000 barrels; dollars and cents
CHALLENGE SEEKS NICARAGUA CARGO SERVICE
Larry Luxner |
Challenge Air Cargo plans to become the first U.S. all-cargo airline to offer regular service betwee
AVIATION BRIEFS
Wire and Staff Reports |
GUATEMALA ASKS US AID TO CUT AIR DRUG FLOWIn an effort to cut the flow of U.S.-bound narcoti
JOFC'S ROBERT R. FRUMP GETS BUSINESS STAFF POST
Journal of Commerce Staff |
Robert R. Frump, managing editor of The Journal of Commerce, moved to the business side of the newsp
E. GERMAN RAILWAY WILL RESTRUCTURE
Miriam Widman |
Deutsche Reichsbahn, the East German railroad, will undergo a major restructuring under which rail c
PROTOCOLS SET LIABILITY LIMITS
David F. White |
The international protocols rejected by House and Senate conferees putting together comprehensive U.
Maritime
DISPUTE ON GROUNDING HEATS UP PILOT RIVALRY ON LONG ISLAND SOUND
David F. White |
Competition has been heating up among pilot associations on Long Island Sound, aggravated by a recen
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
SHOREHAM PLANT CLOSER TO DECOMMISSIONINGSHOREHAM, N.Y. - Another step was taken in the demis
SPOT PRODUCT PRICES
JOC Staff |
June 29, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
STATOIL CHARTERS 5 DOUBLE-HULL TANKERS
Journal of Commerce Staff |
The Norwegian state oil company said Friday it plans to operate five new oil tankers with double bot
Maritime
PARTNERSHIP TO BOLSTER AGENT-INSURER LINK
Kevin Commins |
Four major insurance companies and two computer-related firms have formed a partnership dedicated to
NY CALLS FOR DEPARTMENT AUDIT
Janet Aschkenasy |
An item in the New York State budget calls for a $250,000 management audit of the New York State Ins
NO DISCOUNTS YET FOR DOUBLE HULLS
Alan Abrams |
Marine surveyors and environmentalists are convinced double hulls will reduce oil spill damage from
CINCINNATI UTILITY PARES DOWN LIST OF SUPPLIERS TO 5
Arthur Gottschalk |
Cincinnati Gas & Electric Co. has yet to decide on suppliers to fill long-term coal contracts for it
RAIL STRIKES IN USSR HURT EAST GERMANS
Journal of Commerce Special |
Trade between the Soviet Union and East Germany over a jointly owned northern sea-rail route has col
CONTROVERSY SWIRLS AROUND PLANS TO MAKE SINGLE-HULL TANKERS SAFER
Alan Abrams |
Can oil be kept off beaches without costly double hulls? That's the possibility raised by so
SALVORS ALARMED BY DETERIORATION OF SHIP SAFETY RUSTY BULKHEADS ARE SYMBOLIC
Edwin Unsworth |
Last week a marine surveyor working on the U.S. West Coast for the Salvage Association, the world's
Maritime
DOUBLE-HULL ALTERNATIVES RANGE FROM COMPLEX TO COMMONSENSE
Journal of Commerce Staff |
Double hulls are meant to stop oil spills by protecting the cargo tanks from being punctured. Severa
BEER IMPORT RESTRICTIONS IN CANADA EXAMINED 10 PROVINCES IMPOSE BARRIERS
Keith M. Rockwell |
The United States began a trade investigation into a host of Canadian restrictions on beer imported
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Doing Business in the Pacific Basin. July 6. Fresno, Calif. Contact the Train
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 29, 1990Bid AskedCopper-
TWO-TIER TANKER MARKET SEEN PROBABLE
Janet Porter |
Tanker owners and charterers expect a two-tier tanker market to emerge as the industry responds to t
Maritime
E. ASIAN LEATHER DEMAND BOOSTS US BEEF PRODUCERS
(Ap) |
A strong demand for cattle hides used to make shoes in several East Asian countries has translated i
SENATE PANEL APPROVES IRAQ SANCTIONS
From Wire Reports |
The Senate Foreign Relations Committee last week approved a bill to impose economic sanctions agains
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 29, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Currency Forecast 3A * JofC Industrial Price Index 6A* Howard Simon - Simon
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