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Breakbulk Quarterly Intelligence
Platts Containers Update
EUROPEAN CENTRAL BANK PREDICTED TO GO INTO BUSINESS BY 1993
Gordon Platt |
A European central bank, to be called the Eurofed, could be created as early as 1993. Such a
BALTIC FREIGHT INDEX
JOC Staff |
1243 (June 13, 1990) Previous day - 1254 The Baltic International Freight Futures Market in
Maritime
MAERSK, P&O IN '91 TO START JOINT SERVICE
Janet Porter |
Maersk Line and P&O Containers Ltd., two of the world's largest container shipping lines, said they
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended6-8 6-1
SINGAPORE RESIDUAL FUEL OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange June 13, 1990(Dollars Per Metric Ton)Open
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 12, 1990Brent Crude Oil(Dollars Per Barrel)
W. GERMAN COMPANIES TURN TO CFC SUBSTITUTES COMPOUNDS STILL HURT OZONE
Miriam Widman |
The two West German makers of chlorofluorocarbons have joined together with 12 international chemic
FRENCH COMPANY SIGNS KHARG ISLAND PACT
Journal of Commerce Staff |
France's Entreprise de Travaux Petroliers Marins, a subsidiary of GTM- Entrepose, signed a $228 mill
IMPORT BRIEFS
Wire and Staff Reports |
TEXTILE TRADE PLAN WINS SUPPORT AT GATTA proposal by developing countries to phase out over
Maritime
US DOLLAR TRADES LOWER ON NEWS OF WEAK RETAIL SALES IN MAY
Knight-Ridder Financial |
The U.S. dollar fell abruptly Wednesday against all major foreign currencies except the Japanese yen
N. ATLANTIC PORTS LOOK AT PRICING ALLIANCE
Allen R. Wastler |
North Atlantic ports are looking at establishing a price-setting alliance among themselves to boost
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
BALTIMORE PORT COURTING TWO SOVIET SHIP LINES
WILLIAM DiBENEDETTO |
If the Russians are coming, officials at the Port of Baltimore hope they will come to their port.
Maritime
ALA. DOCKS TO SEEK CONSTRUCTION BIDS
Journal of Commerce Special |
Alabama State Docks will begin seeking construction bids later this month on the final stage of a fo
Maritime
HALE HOPES TO SHIFT TO SEAGIRT TERMINAL
WILLIAM DiBENEDETTO |
Ed Hale wants to shift his barge and truck operations to the Port of Baltimore's new Seagirt Marine
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
RAILS TOP TRAILERS IN BOX TRANSPORT
Lawrence H Kaufman |
Railroads in the United States carried more containers than trailers in intermodal service in the we
BUSH VETO REINFORCES LAISSEZ-FAIRE STANCE
Leo Abruzzese |
When a railroad or an airline is up for sale, the Bush administration's position is clear: The less
PANEL ALTERS INSURANCE ANTITRUST EXEMPTION
Kenneth Silverstein |
A House subcommittee voted Wednesday to amend the McCarran-Ferguson Act, which has given the insuran
POSTAL SERVICE PLANS TO TRACK EXPRESS MAIL
John Davies |
With the expansion of overnight delivery volumes slowing, the U.S. Postal Service says it's working
INDONESIA TO GET WORLD BANK HELP FOR POLYESTER PLANT
P.T. Bangsberg |
Indonesia's fast-growing textile industry is getting a boost from International Finance Corp., the p
Maritime
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 12, 1990CRUDE OIL(1,000 barrels; dollars and cents
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
PLASTIC PIGMENTS Rohm and Haas Co. said it will increase the price of its Ropaque line of ho
ASIAN FUTURES
JOC Staff |
June 13, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
GOLD PRICE FALLS TO CONTRACT LOW METALS IGNORE ECONOMIC DATA
Knight-Ridder Financial |
Gold prices were lower Wednesday with spot delivery prices falling to new life-of-contract lows on r
SHANGHAI SEEKS AID TO REBUILD ITS IMAGE
P.T. Bangsberg |
The city of Shanghai, China's principal though faded commercial hub, will open its doors to more for
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
SOVIETS AGREE TO SUPPLY SOME FUEL TO LITHUANIAThe Soviet government agreed Wednesday to rest
THE ECONOMY
Wire and Staff Reports |
APRIL TRADE GAP SEEN NARROWINGEconomists expect the U.S. merchandise trade report for April
ECONOMIC DATA ABROAD
Wire and Staff Reports |
UK PAYMENTS DEFICIT WIDENED IN 1ST QUARTERThe U.K.'s seasonally adjusted current account def
CORRECTION
JOC Staff |
A headline in The Journal of Commerce of Tuesday, June 12, on page 5B of the Texas special supplemen
TRANSPORT CALENDAR
JOC Staff |
AMERICAN TRUCKING ASSOCIATIONS, 1990 Management Conference and Exhibit Forum, June 17-20. Royal York
ETHANOL DISPUTE BLOCKS CARIBBEAN TRADE BILL
Keith M. Rockwell |
A House-Senate dispute over Caribbean ethanol imports has tied up legislation granting trade benefit
BUSINESSMAN FROM HONG KONG HITS CHINA CRITICS
Jon Jacobs |
A leading Hong Kong businessman blasted liberal critics of China in a speech here Wednesday.
BIG DEMAND FOR RECYCLED HDPE FORCES SHIFT IN PLANS
Journal of Commerce Staff |
In an ironic twist, a surge in demand for recycled high-density polyethylene is forcing one bottle m
COMEX METAL WAREHOUSE
JOC Staff |
June 13, 1990 Copper Total, 15,316. Gold Total, .1,693,259.Silver Total, .251,844,723.
MOSBACHER SEES HIGH-TECH LEAKS
From Wire Reports |
Commerce Secretary Robert Mosbacher said Wednesday that some advanced technology will slip into the
Maritime
SKINNER URGES PASSAGE OF OIL SPILL LEGISLATION, ADOPTION OF TREATIES
WILLIAM DiBENEDETTO |
Transportation Secretary Samuel K. Skinner, citing the Mega Borg fire and spill in the Gulf of Mexic
Maritime
HOUSE PANEL AMENDS FOOD AID PROVISIONS
Rose A. Horowitz |
The House Agriculture Committee moved Wednesday to modify provisions of the farm bill that incorpora
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
US JEWELRY GIANT MAKES INROAD TO JAPANThe big U.S. jewelry store chain Zale Corp. will creat
Maritime
ALGOMA STEEL TO SELL CANNELTON HOLDING CO.
Tim Sansbury |
A longtime West Virginia coal producer, Cannelton Holding Co. of Charleston, is on the sales block,
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