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MARITIME BRIEFS
From Wire and Staff Reports |
MEMORIAL SERVICE SET FOR 'LOOK OUT' REILLYNEW YORK - Friends of Dennis Reilly, a "Lo
Maritime
FUNDS RELEASED TO FINISH APL PROJECT IN SEATTLE
WILLIAM DiBENEDETTO |
Port of Seattle officials this week approved the final chunk of money - over $109 million - needed t
Maritime
VAN MIERT HINTS AT PEACEFUL DEAL IN TACA ANTITRUST ROW
Bruce Barnard |
Karel Van Miert, the European Union's competition commissioner, held out the prospect Wednesday of a
Maritime
PINTAIL DOCKS SHIP TO LOAD NUCLEAR CARGO FOR ITS RETURN
HELEN R. MacLEOD |
The Pacific Pintail, the British-registered ship carrying nuclear waste from France to Japan, docked
Maritime
GLOBAL AIRLINE INDUSTRY PREDICTS SOARING PROFITS
William Armbruster |
The international airline industry, rising above the financial clouds in 1994 for the first time in
CAPACITY RUSH IS ON AS BRAZIL TRADE HEATS UP
Michael Fabey |
Carriers in the sizzling Brazil trade are adding ships and trying to add terminal spaceto cope with
POST-QUAKE, JAPAN'S SANYO IS RETHINKING ITS LOGISTICS
Mark Magnier |
Japanese electronics giant Sanyo Electric Co. has worked hard for several years to pare its inventor
INSURER PUTS HOUSTON PORT UNDER CLOSE SCRUTINY
Janet Porter |
Houston is acquiring such a poor reputation as a high-risk discharge port that the world's largest i
KOREA CONGLOMERATES PRESSED TO LOSE FAT, GAIN FOCUS
Mark Magnier |
For 20 years, Kim Young Jin, the founder of Jindo Corp., competed head to head against a subsidiary
POLAND'S PORT OF GDYNIA INTRODUCES NEW SERVICES TO WIN BACK BUSINESS
Michele Kayal |
To stave off tough times, the small port of Gdynia is trying to shore up its infrastructure and offe
Maritime
FOREIGN CREWS CALLED VITAL TO US MARITIME INDUSTRY
Alan Abrams |
To survive as a maritime nation, the United States must consider radical changes, including allowing
Maritime
GDANSK TAKES STEPS TO BE LINK TO THE EAST INFRASTRUCTURE WILL HOLD BACK PORT, CRITICS SAY
Michele Kayal |
"Navigation is necessary" says an inscription on one of this city's Renaissance-style buildings.
Maritime
EUROPEANS REJECT US EMERGENCY FINANCE FUND GLOBAL BAILOUT PLAN GETS NOD OF IMF
Keith M. Rockwell |
Senior European officials flatly rejected a proposal by U.S. Treasury Secretary Robert Rubin to esta
WORLD BANK GRANTS RUSSIA OIL SPILL CLEANUP LOAN
Reuters |
The World Bank said it approved a $99 million loan for Russia to help combat one of the world's larg
POLISH YARD TURNS CORNER AS WESTERN BUSINESS BOOMS
Michele Kayal |
At the shipyards here on Poland's Baltic coast, a small group of men in overalls spray the hulls of
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US, JAPAN TO EXTEND CAR TALKS AN EXTRA DAYTOKYO - Another round in the troubled Japa
Maritime
PLUNGING SUPPLIES, SOARING DEMAND NOT EXPECTED TO "GALVANIZE' ZINC PRICE PRESSURES SEEN MINIMAL
Gary Rosenberger |
Despite a dizzying plunge in world zinc supplies and expectations of record demand, analysts believe
US PRIVATE SECTOR URGED TO INVEST IN DEVELOPMENT OF JORDAN RIFT VALLEY
Knight-Ridder Financial |
A senior U.S. official expressed confidence Wednesday that the American private sector would contrib
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
MONGOLIANS ARE BETTING THEIR HERDS ON CHEESE AS WAY TO MAKE PROFIT
Irja Halasz |
Mongolia's nomadic cattle herders say churning yak milk into Western-style cheese may be the solutio
Maritime
AIRBUS SALES, EXPORTS TO ASIA RAISE FRANCE'S SURPLUS TO NEAR RECORD
Reuters |
France scored a near-record trade surplus of 11.03 billion francs ($2.28 billion) in February, boost
Maritime
FIRM TO ORGANIZE RUSSIA'S CHAOTIC CAPITAL MARKET
Sergey Bazhenov |
The Bank of New York has become the principal shareholder in a joint-venture firm whose business is
Maritime
WORLD BANK INKS 4 LOANS FOR RUSSIA
Journal of Commerce Staff |
The World Bank signed Tuesday $555.8 million in loans to Russia for housing, an oil spill recovery p
Maritime
API WEEKLY REPORT GASOLINE STOCKS DIP IN LATEST SURVEY
Journal of Commerce Staff |
U.S. inventories of gasoline fell by 1.4 million barrels during the week ended April 21 compared wit
TRADE BRIEFS
Wire and Staff Reports |
NY-NJ TRADE ZONE HIT A RECORD FOR '94NEW YORK - The foreign-trade zone No. 49, which
Maritime
COTTON DEMAND CONTINUES STRONG
Knight-Ridder Financial |
U.S. cotton data released Wednesday show that recent historically strong demand continued in March,
EGYPT PLANS TO SIGN 11 OIL EXPLORATION PACTS
Knight-Ridder Financial |
Egypt plans to sign 11 agreements for oil exploration beginning next month in a bid to increase its
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Apr. 26, 1995 Prevailing sellers' posted prices at the close of business, represen
RUSSIA'S OILSEED OUTPUT EXPECTED TO STAY FLAT
Knight-Ridder Financial |
Russia's oilseed harvest is not expected to increase this year, the president of Russia's Maslo Co.,
FOUR NUCLEAR PLANTS BOWED IN 1994 FOR A WORLD TOTAL OF 432, UN SAYS
Reuters |
Four new nuclear power plants came into operation in 1994, bringing the total number of atomic stati
INSURANCE EARNINGS
Wire and Staff Reports |
USF&G CORP. SEES ITS NET SURGEBALTIMORE - USF&G Corp., a property/casualty and life-
INSIDE TALK - HELEN MACLEOD SEX, LLOYD'S, AND CAMILLAGATE: A TALE OF THE TABLOIDS
Helen MacLeod |
Lloyd's of London took a fair old bashing in the British press over the weekend. In the latest wave
PEOPLE - INSURANCE
Wire and Staff Reports |
ARKWRIGHT MUTUAL INSURANCE CO. (Waltham, Mass.) - Joseph Z. Cortes was elected vice president and di
NAMES GROUP: LLOYD'S LOSSES FOR '92 MAY HIT $2.72 BILLION
Liz Shuker |
Losses for the 1992 underwriting year at Lloyd's of London may be as little as UK150 million ($240 m
GASOLINE PRICES
JOC Staff |
Apr. 26, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
COLOMBIAN COFFEE OFFICIAL FEARS A LOW HARVESTBOGOTA, Colombia - If the 1994-95 coffee crop a
BALTIC FREIGHT INDEX
JOC Staff |
2320 (Apr. 26, 1995) Previous day - 2313 The Baltic International Freight Futures Market in
Maritime
MARITIME CALENDAR
JOC Staff |
The Noble Collection: A Work in Progress. Through spring. Staten Island, N.Y. New exhibition at the
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Apr. 26, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
EUROTUNNEL WON'T SINK P&O FERRIES, CHIEF SAYS
Patrick Lannin |
The seas of competition are turning rougher for Britain's leading cross- channel ferry company, P&O,
Maritime
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