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JAPAN'S OIL COMPANIES SET FOR NORTH SEA ACQUISITIONS \ FIRMS SHOW INTEREST AFTER 30 YEARS
Reuters |
Japan's oil companies, which have shunned the North Sea for over 30 years, are on the verge of acqui
BRIEFS
From Wire and Staff Reports |
ESCONDIDA MINE FINDSMORE COPPER IN ATACAMASANTIAGO, Chile - The Escondida mine has found mor
HEAVY-TRUCK SALES REMAIN IN LOW GEAR
Michael S. Lelyveld |
Heavy-truck sales suffered a double-digit drop in April from the record levels of a year earlier as
IMPROVED DOWNSTREAM EARNINGS FORECAST
Arthur Gottschalk |
Profits from ''downstream'' refining activities of most U.S. oil companies should improve this year
DAILY PETROLEUM PRICES.
JOC Staff |
Friday May 10, 1996Prevailing sellers' posted prices at the close of business, representing
SHANGHAI PETROCHEMICAL TO EXPAND
Knight-Ridder Financial |
China's Shanghai Petrochemical plans to invest 4.7 billion yuan ($566 million) into 11 major technic
WET DESIGN
Maria Carlino |
At the King Fahd Airport in Saudi Arabia, the sight is magnificent. Water streaming from a huge, gol
Maritime
WTO TALKS ON MARITIME PACT EXPECTED TO COLLAPSE
John Zarocostas |
Senior negotiators here think that talks to establish an international trade deal on maritime servic
COFFEE: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
MILLERS WILL BE PAID TO USE INFECTED WHEAT
MAGGIE McNEIL |
Hoping to avert a shortage of pasta in grocery stores and to prevent mill shutdowns, the government
US, MEXICAN LAWMAKERS CONCLUDE TALKS
William Roberts |
A group of U.S. lawmakers returned to the United States from meetings in Mexico this week to report
Maritime
PANEL IMPOSES AGREEMENT ON UNION, RAIL CARRIERS
Rip Watson |
Major carriers and the United Transportation Union reached the first national agreement in the curre
HOUSE COMMITTEE TENSIONS GROW US ALLIES' ANGER BUILDS OVER CURBS \ WAYS AND MEANS TALKS AT IMPASSE
Michael S. Lelyveld |
Two powerful House committees are at loggerheads over new sanctions against Iran and Libya, as anger
Maritime
US-MEXICAN AGREEMENT ON TRUCKING PROVES ELUSIVE
Kevin G. Hall |
Despite optimistic projections that a U.S.-Mexico trucking dispute could be resolved this week, it n
INTERNATIONAL TELECOM TALKS EXPECTED TO RESUME IN JULY
Journal Of Commerce Staff |
Negotiations toward an international telecommunications services trade pact should resume in July, D
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Futures Center |
RECENT VESSEL SALESSaleDate Vessel Year Price
SPOT PRODUCT PRICES
JOC Staff |
May 9, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
SEC DEFENDS ITS AMICUS POSITION BRITISH NAMES FEAR THEY'LL PAY MORE
Journal Of Commerce Staff |
The Securities and Exchange Commission Thursday defended its position to file an amicus brief to the
COAL ESCAPES HAZARDOUS CARGO LIST
Tim Sansbury |
Memorabilia collectors who recently purchased coal carried on the legendary Titanic as memorabilia u
SEA TRIALS - WILLIAM J. HONAN \ ISM CODE MAY RAISE LEGAL EXPOSURE FOR SHIPOWNERS AND OPERATORS
William J. Honan |
Recent studies show that human error contributes to most ship casualties. Seeking to address this pr
INSIDE TALK - RIP WATSON \ UP-SP MERGER DECISION TO SHAPE TRANSPORT LANDSCAPE FOR DECADES
Rip Watson |
Precisely 127 years ago today at 12:47 p.m. local time the tracks of Union Pacific Railroad were joi
QUOTE TO NOTE
Chris Patten |
''If we can't work it out, I suspect we'll have to do our own thing and the Chinese can arrive with
Maritime
GOP: CUT A TAX, ADD A TAX.
Tom Connors |
Congressional Republican leaders want to use a variety of tax increases, including renewal of the ex
PROBE OF LEASING FIRM SOUGHT
Bill Mongelluzzo |
Key trucking groups want the U.S. Justice Department to investigate the newly formed driver leasing
NY PORT RESOLVING DREDGING DILEMMA
Alan Abrams |
The port authority here Thursday approved spending $130 million this year to attack the dredging pro
ELECTRICITY FUTURES CHARGE AHEAD
Arthur Gottschalk |
Electrons have arrived as the world's newest futures commodity, taking their place alongside pork be
NEW YORK WANTS TO BE CAPTIVE INSURER HUB
Ronald Gift Mullins |
New York state may become the next friendly domicile for ''captive'' insurers, if legislation propos
NORWAY OIL WORKERS END 5-DAY STRIKE
Knight-Ridder Financial |
An official at the Norwegian union that has been staging an offshore oil workers' strike since Satur
MARINE INSURERS ADVISED TO WORD POLICIES CAREFULLY
Janet Porter |
Marine underwriters were advised Thursday to word insurance policies more carefully so as to avoid c
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 9, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buc
LYKES BEATS BACK BANKS
Steve Huettel |
A judge refused to pull the plug on Lykes Bros. Steamship Co.'s attempt to reorganize and force the
STRIKING WORKERS ADD TO SRI LANKA'S WOES
N. Vasuki Rao |
Sri Lanka's government, already battling power shortages, is now embroiled in a fight with workers o
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 12, '95, - May 9, '96 (a graph)(2)DA
DAILY PETROLEUM PRICES
JOC Staff |
Thursday May 9, 1996Prevailing sellers' posted prices at the close of business, representing
SHIPOWNERS SEE SAFETY CODE BRINGING LEGAL HASSLES
Alan Abrams |
As the deadline for a new maritime safety code approaches, shipowners are quickly waking up to all t
INTERLINE LTL DEALS CROSS BORDERS TO MEXICO, CANADA
Chris Isidore |
Interline partnerships among regional less-than-truckload carriers, long common in the United States
BUSINESSES IN HONG KONG OPTIMISTIC ABOUT TRANSITION SERIES (SECOND OF TWO ARTICLES.)
P.T. Bangsberg |
Years of increasingly ill-tempered bickering among China, Britain and Hong Kong over the change in s
Maritime
AUTO-RATE EVADERS FIND NO LOVE IN PHILADELPHIA \ "FAIR WARNING' ENDS JUNE 1 FOR VIOLATORS
Associated Press |
Philadelphians by the hundreds are ratting on their neighbors and former spouses who have given phon
GOODYEAR BESTOWS CARRIER AWARD
Journal Of Commerce Staff |
Goodyear Tire & Rubber Co. has given Manufacturers Consolidation Service Inc. its annual Carrier Ach
INJURIES, THREATS MARK DELIVERY OF NUCLEAR CARGO IN GERMANY
Journal Of Commerce Special |
Deutsche Bahn AG, Germany's national rail line, managed to deliver its cargo of nuclear waste to a c
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