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FASTSHIP SIZE, CARGO CAPACITY ARE INCREASED IN REDESIGN
Alice Cantwell |
Following model tests in Europe, a new type of high-speed ship meant for thetrans-Atlantic t
Maritime
US TRADE DEFICIT HITS NEW HIGH AS EXPORTS DIVE
Richard Lawrence |
A sharp plunge in U.S. aircraft and other exports and a record level of imports inflated the U.S. me
MONTREAL EMPLOYERS ACCEPT MEDIATOR'S PROPOSAL
Leo Ryan |
Maritime employers at the Port of Montreal Wednesday accepted a preliminary proposal from a federal
Maritime
HOWLAND HOOK'S FATE HANGS IN BALANCE AS BIDS DUE TODAY ON DISPOSAL OF MUD
Alan Abrams |
Operators of on-land dump sites in Connecticut and Utah are due todayto submit cost bids for disposi
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 21, '94 - March 22, '95 (a graph) (
COST OF CREDIT
JOC Staff |
Wedneday, March 22, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
TRANSPORT CALENDAR
JOC Staff |
Council of Logistics Management. March 23. New York chapter. John Morris, president of International
INDONESIA LOOKS TO CHINA TO HEAD OFF CEMENT SHORTAGE
Reuters |
A state-run cement distributor said Wednesday that it will import more from China this year in hopes
JAPANESE GOVERNMENT DIVIDED ON HOW TO COMBAT YEN SURGE NO ACTION EXPECTED SOON
Kevin Krolicki |
After huddling in a hastily called emergency meeting on the yen, Japan's economic Cabinet ministers
NYMEX MAY ALTER GASOLINE CONTRACT
Knight-Ridder Financial |
The New York Mercantile Exchange is considering a move to invigorate trading on its U.S. Gulf Coast
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
OIL EXPLORATION PLANS ON SCHEDULE IN FALKLANDS
Reuters |
Oil exploration could begin off the disputed Falkland Islands by the end of 1996, raising prospects
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Mar. 22, 1995 Prevailing sellers' posted prices at the close of business, represen
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
EARLY RESTART SEEN FOR KOBE STEEL FURNACETOKYO - Kobe Steel Ltd. said Wednesday it e
MIDEAST QUEST FOR PEACE PROVES BOON FOR US FIRMS
Maria Carlino |
As Egypt and its Middle Eastern neighbors pursue regional peace and economic development, U.S. compa
Maritime
API WEEKLY REPORT GASOLINE, CRUDE STOCKS DECLINE
Journal of Commerce Staff |
U.S. inventories of gasoline fell by 3.5 million barrels during the week ended March 17, compared wi
GERMAN AUTOMAKERS FLEEING WAGE COSTS, EXECUTIVE WARNS
Stephen Harris |
A top German auto industry executive is warning that high labor costs are driving German production
Maritime
HONG KONG SCARFS UP US FOOD IMPORTS AT RECORD PACE
P.T. Bangsberg |
"Food, glorious food," the song goes, and the people of Hong Kong have always subscribed heartily to
Maritime
CHINA MISSION: REASSURE US ON HONG KONG'S FATE
WILLIAM DiBENEDETTO |
Chinese officials are touring the United States this week on a mission to reassure government and bu
Maritime
BARGE SHORTAGE COULD FORCE COAL TO EAST COAST PORTS EXPORTS FORECAST TO INCREASE
Arthur Gottschalk |
With U.S. coal exports on track for recovery this year, East Coast ports could benefit from a shorta
TRADE BRIEFS
Wire and Staff Reports |
TRADE WATCHDOG PLANS HYUNDAI, DAEWOO PROBESEOUL, South Korea - South Korea's officia
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 22, 1995 Quotations are based on prices reported in the market or obtained
SPOT COMMODITIES
JOC Staff |
Mar. 22, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 22, 1995Brent Crude Oil - (Dollars Per Barrel)
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
MISSISSIPPI EXPECTS TAX CREDITS TO LURE MORE BUSINESS TO PORTS
Associated Press |
Economic developers say Mississippi companies are expressing an interest in a new tax credit program
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
S&P LOWERS RATINGS FOR ITT HARTFORD GROUPStandard & Poor's lowered its ratings of ITT Hartfo
MARITIME BRIEFS
Wire and Staff Reports |
WOOD-CHIP EXPORTS FROM NC LIKELY TO RISEMOREHEAD CITY, N.C. - The volume of wood chi
Maritime
ERC IN TALKS TO BUY 2ND GERMAN REINSURER
Reuters |
U.S. reinsurer Employers Reinsurance Corp., which seven weeks earlier bought Germany's Aachen Re, is
INSURANCE EARNINGS
Wire and Staff Reports |
FRENCH INSURERS' PROFITS BELOW EARLY FORECASTSPARIS - Two of France's biggest insure
GREENPEACE SHIP SOLO COVERED BY STANDARD INSURANCE POLICY
HELEN R. MacLEOD |
Following a ship carrying radioactive waste at a distance of two miles in heavy seas around Cape Hor
MORE CALIFORNIANS BUY FLOOD COVER IN WAKE OF FEDERAL REFORM, STORMS
Brian Johns |
Federal insurance reform is spurring more Californians to buy much needed flood insurance, according
MARITIME DIVISION LEADS THE DIVE AS SEMBAWANG EARNINGS SINK 13 PERCENT
P.T. Bangsberg |
Sembawang Corp., a maritime-based Singapore conglomerate, this week reported earnings off 13 percent
Maritime
NJ MAY TEST ELECTRONIC RATE, FORM FILING SYSTEM
Margo D. Beller |
New Jersey is one of several states that could be part of a pilot program testing an electronic insu
PEOPLE - INSURANCE
Wire and Staff Reports |
AETNA CASUALTY & SURETY (Hartford, Conn.) - Michael P. Borom, 34, has been named chief financial off
WINE: WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
WORLD SHIPPING INC. (Cleveland) - Joseph E. Fitch and William A. Hardy were promoted to vice preside
Maritime
FASHION FABRIC EXHIBITION DRAWS HUNDREDS OF TEXTILE MANUFACTURERS
Paula L. Green |
Hundreds of textile companies - from South Carolina mill owners to Lithuanian yarn importers - turne
Maritime
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