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EGYPT HOPES NEW GAS FINDS WILL STRENGTHEN EXPORT ROLE
Mona Megalli |
Egyptian oil officials predict promising offshore gas discoveries and say prospects of more finds po
CHINESE LIKELY TO EXEMPT FUEL FROM IMPORT BAN
Knight-Ridder Financial |
China is expected to continue importing fuel oil even after a ban on imports of spot crude and oil p
ENERGY BRIEFS
From Wire and Staff Reports |
CHINA SEEKS BIDS ON S. CHINA SEA BLOCKSHONG KONG - China is inviting foreign oil com
ASIA MARKET SEEN FUELING INDONESIA COAL PROSPECTS
K.T. Arasu |
Asia's exploding energy demand and the construction of steam-powered electricity plants in the regio
INSIDE TALK - ARTHUR GOTTSCHALK VENEZUELA'S NEW FUEL ENTERS UTILITY MARKETS WITH PRICE ADVANTAGES
Arthur Gottschalk |
It's not every day that a completely new fuel comes along and starts to capture a share ofelectric u
ALGERIAN OIL COMPANY TALKS WITH US FIRMS ABOUT VENTURES
Reuters |
Algeria's state-owned oil company Sonatrach is holding talks with U.S. companies on financing joint
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 6, 1994 Quotations are based on prices reported in the market or obtained from sup
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
COFFEE, COCOA FUTURES TRADE SHARPLY HIGHERNEW YORK - Coffee futures ended sharply hi
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 224.11 off 0.19
SHIP TONNAGE LOSSES SOARED ALMOST 60 PERCENT IN 1ST QUARTER
Janet Porter |
The volume of ship tonnage lost rose sharply during the first quarter of 1994, proving a major setba
SPOT COMMODITIES
JOC Staff |
May 6, 1994 Included are list prices of suppliers. Quotations do not necessarily represent p
KOREAN GROUP SUSPENDS BUYING OF CHINESE CORN
Yuko Enomoto |
In a move to let its long-festering dissatisfaction with the quality of Chinese corn be known, the K
RICE CROP SETS VIETNAM RECORD
Associated Press |
Rice farmers in southern Vietnam reaped a record harvest of 6.1 million metric tons from their most
RUSSIA SEEN TURNING TO EU TO FILL OLD-CROP WHEAT NEEDS
Ned Stafford |
Russia's need to buy old-crop milling wheat for nearby shipment will probably be filled at least par
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
BALTIC FREIGHT INDEX
JOC Staff |
1443 (May 6, 1994) Previous day - 1432 The Baltic International Freight Futures Market in Lo
Maritime
CHINA SEEN KEY FACTOR IN STABILIZING TIN MARKET
Bill Tarrant |
China, the world's largest tin exporter, is in a strong position to call the shots in the market now
IT'S WASPS AGAINST MOTHS IN CITRUS WAR
Reuters |
Biologists have released 1,300 tiny parasitic wasps into Florida citrus groves to battle the leafmin
FREIGHT RATE FUTURES
JOC Staff |
May 6, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
DISNEY TO ENTER CRUISE BUSINESS WITH FLA.-BASED SHIP AS EARLY AS '98
Ted Reed |
Walt Disney Co. will enter the cruise business as early as 1998, with a Florida-based ship making th
Maritime
GLOBAL MARINE BUYS DRILLING RIG
Journal of Commerce Staff |
Global Marine Inc. said it entered into an agreement to purchase a 1983 Marathon LeTourneau 116-C ja
Maritime
UNION THREATENS STRIKE AT TERMINAL IN CALIFORNIA
Allen R. Wastler |
Longshore mechanics are threatening to strike a new high-tech terminal facility here if they do not
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
HAMBURG PORT RECORDS 9.8 PERCENT CARGO INCREASE
Special to The Journal of Commerce |
The Port of Hamburg posted gains in the first quarter, with cargo handling up 9.8 percent over the s
Maritime
HAMBURG'S SUD-WEST TERMINAL HANDLING COCOA
Miriam Widman |
Sud-West Terminal (South West Terminal), the Port of Hamburg's fourth largest terminal operator, is
Maritime
S. CALIFORNIA SHIPPING INDUSTRY SLAMS STATE PILOT LICENSING PLAN
Bill Mongelluzzo |
Port and shipping interests in Southern California told state regulators last week they do not want
Maritime
WESTERNERS LEAVE YEMEN BY SHIP
Reuters |
A French warship started evacuating Westerners from Yemen's Port of Aden on Friday after fighting fl
Maritime
STRIKE HELPS BOOST INTERMODAL VOLUME TO RECORD LEVEL
Rip Watson |
Intermodal traffic, already on a blistering pace in 1994 from a growing economy, received a further
INDIA PORT AWARDS PACT TO FIRM OVER US PROTEST
N. Vasuki Rao |
Ignoring protests from the United States, the Port of Paradip was scheduled to sign a US$11.5 millio
Maritime
VIETNAM HAS A WAY TO GO TO BE CALLED "ASIAN TIGER'
Knight-Ridder Financial |
The U.S. trade embargo may be lifted, but Vietnam still faces challenges on the road to becoming a s
Maritime
MARAD, PORTS CLASH OVER PLAN TO RAISE SHIP TONNAGE TAX
Tim Sansbury |
The Maritime Administration and U.S. ports strongly disagree about whether President Clinton's propo
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS The North Carolina World Trade Association Annual Meeting. May 10- 12
Maritime
TRADE BRIEFS
Wire and Staff Reports |
UNEMPLOYMENT RATE IN CANADA HITS 11 PERCENTCanada's jobless rate soared to 11 percent in Apr
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
ATTRANSCO INC. (New York) - Capt. Victor Goldberg, chartering manager, was named to the new position
Maritime
SEATTLE ECONOMY IMPERILED BY TUG BETWEEN IDEALS AND CHINA DEALS
Jennifer Lin |
In a hangar that would make the Superdome look cozy, Stephen Hellwig stands under a silver Boeing je
Maritime
SINGAPORE LEADS THE WAY AS TRADE SOARS IN SE ASIA
P.T. Bangsberg |
China's economic ties with Southeast Asia are growing steadily stronger. Two-way trade betwe
ALABAMA INVESTIGATES AGENCY LINKED TO INSURANCE OFFICIAL
Associated Press |
State insurance officials are investigating an agency founded by Insurance Commissioner James Dill a
NY COURT TO DECIDE ROLE OF EXCESS-LINE GROUP
Margo D. Beller |
A New York state appellate court will decide this month whether the Excess Line Association of New Y
INSURANCE BRIEFS
Wire and Staff Reports |
SALE OF FRANCE'S UAP IS OVERSUBSCRIBEDThe sale of French insurer Union des Assurances de Par
INSURANCE EARNINGS
From Wire and Staff Reports |
HOME'S NET INCOME DROPS TO $400,000NEW YORK - Home Holdings Inc. reported a drop in
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