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SPOT PRODUCT PRICES
JOC Staff |
Oct. 25, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
SOUTHERN PACIFIC CHALKS UP $33.5 MILLION 3RD-PERIOD PROFIT
Journal of Commerce Staff |
Continuing its return to profitability, Southern Pacific Rail Corp. earned $33.5 million, or 22 cent
NEW INSURER SETS MEETING FOR TANKER COVERAGE
Alan Abrams |
Shoreline Mutual (Bermuda) Ltd., one of a handful of new companies hoping to cash in on tanker owner
Maritime
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
FERRY DOOR INSPECTIONS PASS MUSTER IN FRANCEPARIS - The French government says it ha
Maritime
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
UNIONS CALL STRIKE AT CGM FOR TODAYCompagnie Generale Maritime, France's troubled state-owne
Maritime
Maritime
SINGMARINE TO BUILD KEPPEL UNIT TUGS
Journal of Commerce Staff |
Singmarine Dockyard & Engineering Pte. Ltd. said it won a S$12 million (US$8 million) contra
Maritime
Maritime
SEA-LAND TO CONSOLIDATE MANAGEMENT IN CHARLOTTE
Alan Abrams |
Shipping giant Sea-Land Service Inc. announced Tuesday that it would consolidate and centralize its
DEALERS SEE REBOUND IN GOLD, SILVER SCRAP
Howard Simon |
Dwindling supplies of scrap gold and silver because of relatively low prices are potentially bullish
RUSSIA PLAYS DOWN REPORT OF HUGE ARCTIC OIL PIPE LEAK
Reuters |
Russia's Emergencies Ministry played down a report from the United States Tuesday that an oil pipeli
QUOTE TO NOTE ON JAPAN'S ROLE IN WWII:
_ Ryutaro Hashimoto Japan's Minister Of International Trade |
"Taking into consideration the Soviet attacks on Japan at the war's end, and other issues, I'm not w
Maritime
Maritime
WOOD PULP: WATERBORNE EXPORTS
Compiled by The Journal of Commerce from database of Port |
No text.
PUBLISHER'S NOTEBOOK
Don C. Becker |
Few shipping executives in recent years have had the global impact of Jiro Nemoto, president and chi
3 FIRMS AGREE TO PAY $750 MILLION IN "FAULTY' PIPES CLASS-ACTION SUIT
Peter Cooney |
Three major chemical companies agreed late Monday to pay homeowners at least $750 million for allege
PLM INTERNATIONAL EXPANDS OVERSEAS TIES
Journal of Commerce Staff |
Finding itself in an increasingly consolidated industry, PLM International Inc. is turning its atten
LIBERALIZATION OPENS UNDEVELOPED MART IN PHILIPPINES
Cecilia Quiambao |
A number of overseas firms see new opportunities in an underdeveloped market after the government mo
PEOPLE - TRANSPORT
Wire and Staff Reports |
ALLIEDSIGNAL INC. (Morris Township, N.J.) - John W. Barter was named executive vice president of All
PANAMA ISSUES ANIMAL IMPORT REGULATIONS
Journal of Commerce Staff |
Panama's Ministry of Agricultural Development warned that importers of live animals, animal products
KUWAIT ESTIMATES $2 INCREASE IN PRICE OF OIL, REPORT SAYS
Reuters |
Kuwaiti Oil Minister Abdulmohsen al-Mudej said oil prices could rise by $2 a barrel over the next 14
A. MCCAULEY, PROMINENT D.C. TRADE ATTORNEY, DIES AT 72
Journal of Commerce Staff |
Alfred McCauley, 72, a prominent international-trade attorney who played a key role in the landmark
Maritime
Maritime
NIGERIA OPENS TELECOM DOOR TO ADMIT NEW COMPETITOR
Journal of Commerce Staff |
The government of Nigeria plans to allow another carrier into the country's telecommunications marke
Maritime
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 25, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
SHIPOWNERS IN ASIA WEIGH OWN INSURANCE COMPANY
Margo D. Beller |
Some Asian shipowners, dissatisfied with rising hull rates charged by Lloyd's of London and others,
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +15.3410/19 107.510/20 107.710
HONG KONG BANK POISED TO MARKET AN ELECTRONIC MONEY CARD
Brian Johns |
Hong Kong's largest bank has acquired the right to market an electronic money storage card in a numb
RADIO OFFICERS' UNION WINS A ROUND IN BATTLE WITH KEYSTONE SHIPPING CO.
WILLIAM DiBENEDETTO |
A small radio officer's union scored a victory in its running battle with Keystone Shipping Co., pre
Maritime
Maritime
JAPANESE EX-IM BANK LENDS GE $14 MILLION
Mark Magnier |
Japan's Export-Import Bank said Tuesday it will extend a $14 million loan to General Electric Co. to
Maritime
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday Oct. 25, 1994 Prevailing sellers' posted prices at the close of business, representi
FEDERAL EXPRESS LOGISTICS SERVICE TO EXPAND IN ASIA
Mark Magnier |
Federal Express Logistics Services said Monday it expects to expand its service to five new Asian ma
INSIDE TALK - ALLEN WASTLER
Allen Wastler |
Red Tape May Anul Home-Court AdvantageIn TAA Refund Game''So when do I get my money
Maritime
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
JOHNSON & HIGGINS (New York) - David Langman was named chairman of the brokerage firm's specialty un
INSURANCE CASH FLOW SHIFTS COURSE TO EUROPE
HELEN MacLEOD |
The flow of money between U.S. and European insurance industries changed direction last year - and w
GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Joe Yeninas / Journal of Commerce |
No text.
IMF INCREASES LENDING LIMITS EX-SOVIET BLOC LIKELY TO BENEFIT
Richard Lawrence |
The International Monetary Fund may be able to expand its lending to needy nations over the next thr
INSURANCE EARNINGS
From Wire and Staff Reports |
3RD-QUARTER NET INCOME RISES AT NAC RE CORP.GREENWICH, Conn. - NAC Re Corp. reported
INSURANCE BRIEFS
From Wire and Staff Reports |
A&A TO BEGIN LAYOFFS TO REDUCE COSTSNEW YORK - Alexander & Alexander Services Inc.,
INDIA EXPECTED TO BECOME LEADING CABLE TV MARKET
Arindam Nag |
Barely three years after private television first hit India, the country looks set to be one of the
Maritime
Maritime
SHORTAGE OF TRANSPORT HAMPERS THIS YEAR'S BIG CORN, SOYBEAN CROPS
Reuters |
The Midwest's freight system is clogged as shippers scramble to move this year's huge corn and soybe
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 25, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
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