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TRADE BRIEFS
Wire and Staff Reports |
W. GERMANS TO SHUN IRAQI WORLD TRADE FAIRFRANKFURT, West Germany - The participation of arou
Maritime
RAILS' PORTION OF GRAIN FOR EXPORT FELL IN 1989
Geoffrey Brown |
Railroads' share of export grain shipments dropped to 41.7 percent in 1989from 46 percent th
DUKAKIS VETOES PLANS TO DELAY HEALTH LAW
Journal of Commerce Special |
Despite a huge state deficit and a declining economy, Massachusetts Gov. Michael Dukakis has vetoed
SPOT CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug 8, 1990 Prices in the spot chemicals table in clude spot quotations or list prices
CHINESE TEXTILE EXPORTS RISE IN VALUE
P.T. Bangsberg |
China's textile and garment exports earned $5.7 billion in the first half of this year, the customs
Maritime
IMPROVED MART, UNION FLEXIBILITY REACTIVATE JACKSONVILLE YARD
Craig Dunlap |
The main downtown repair facility of Jacksonville Shipyards Inc. will reopen this month, but an Alab
Maritime
FRANCE TO CONTROL GASOLINE PRICES
From Wire Reports |
France is imposing temporary controls on gasoline prices to protect motoristsfrom excessive
IRAQI MOVE COULD SPARK DRILLING IN ARCTIC REFUGE
From Wire Reports |
Iraq's invasion of Kuwait emphasized America's dependence on foreign oil and boosted the likelihood
MASS. SEEKS SEABROOK CLOSURE
Boston Globe |
Massachusetts Attorney General James M. Shannon filed a motion with the U.S. Nuclear Regulatory Comm
EVERGREEN TO SIGN SEAGIRT LEASE
WILLIAM DiBENEDETTO |
The Port of Baltimore and its high-technology Seagirt Marine Terminal will receive a major boost lat
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 8, 1990 Copper Total, 9,914. Gold Total, .1,527,193.Silver Total, .251,228,137.
PEOPLE - MARITIME
From Wire and Staff Reports |
LAKE CHARLES HARBOR & TERMINAL DISTRICT (Lake Charles, La.) - Glenn Feilner was named director of op
Maritime
CHINA H-P EMPLOYEES DEFECT TO US
Lee Gomes |
In America, business travel usually means tedious sales calls and unfamiliar hotels. In China, thoug
Maritime
AMERICAN GOODS FLOOD VIETNAM DESPITE WASHINGTON'S EMBARGO
Lewis M. Simons |
The jammed food stalls in this hustling city give no hint that, under U.S. law, trading with Vietnam
Maritime
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 7, 1990CRUDE OIL(1,000 barrels; dollars and cents
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 8, 1990Brent Crude Oil(Dollars Per Barrel)
SEA-LAND, MAERSK TALK
Allen R. Wastler |
Efforts by major steamship lines to regain lost market share on the Atlantic are holding down prices
TRUCKING COMPANIES WIN APPROVAL TO BOOST RATES ON 3 DAYS' NOTICE
Leo Abruzzese |
The Interstate Commerce Commission voted Wednesday to let trucking companies quickly raise their rat
HOUSTON MAY WAIVE FEES FOR DELAYED SHIPS
Gary Taylor |
The Port of Houston is drawing up a plan to waive some port charges for ships that were delayed by l
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 8, 1990 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 8, 1990Bid AskedCopper-G
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
TRANSPORT CALENDAR
JOC Staff |
DANGEROUS GOODS SEMINAR, SPONSORED BY QANTAS AIRWAYS. Aug. 13-15. Stouffer Concourse Hotel, Denver,
PEOPLE - TRANSPORT
From Wire and Staff Reports |
GRAND TRUNK WESTERN RAILROAD (Detroit) - John A. Ponitz was promoted to general counsel. Mr. Ponitz,
PROTECTION OF SAUDI OIL EXPORTS MAY COMMIT TROOPS FOR YEARS
Michael S. Lelyveld |
The United States may have to maintain forces in Saudi Arabia for years to safeguard the country's r
SEA-LAND, MAERSK TALK
Allen R. Wastler |
Sea-Land Service Inc. and P&O Containers Ltd. are close to an agreement with Maersk Line for sharing
NY SHIP GROUP MAY GO OUTSIDE FOR NEXT LEADER
Bruce Vail |
A rift is developing inside the East Coast's leading management organization devoted to dockside lab
JAPAN WEATHERING HIGHER OIL PRICES GNP FORECAST GETS TRIMMED
Knight-Ridder Financial |
Analysts here are shaving only a few tenths of a percentage point off their estimates of Japanese ec
UN EXCLUDES FOOD FROM IRAQI EMBARGO BUT US, CANADA HALT ALL SALES
From Wire Reports |
The United Nations embargo against Iraq does not include food or raw food products, the United Natio
LEGISLATION PASSED IN CONGRESS USHERS IN ERA OF PREVENTION
WILLIAM DiBENEDETTO |
Be prepared. Oil spill legislation approved by Congress endorses the Boy Scout motto by sett
Maritime
CHINA TO IMPOSE CURBS ON COTTON PURCHASES
P.T. Bangsberg |
A "tight rein" will be imposed on purchases of cotton by Chinese entities this year to try to bridge
CRUDE INVENTORIES DECLINE IN WEEK, API BULLETIN SAYS
Journal of Commerce Staff |
Crude oil stocks for the week ending Aug. 3 declined by 6.9 million barrelsfrom the previous
SPOT COMMODITIES
JOC Staff |
Aug. 8, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
ASIAN FUTURES
JOC Staff |
Aug. 8, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
JUDGMENT THREATENS LINE'S PROFIT TARGET
Journal of Commerce Staff |
A $32.6 million U.S. court judgment awarded last month could prevent a medium-sized Japanese shippin
Maritime
IRAQ-KUWAIT QUARREL THREATENS TO SCUTTLE OPEC
From Wire Reports |
One victim of Iraq's explosive quarrel with Kuwait may be the Organization of Petroleum Exporting Co
US MAY FEEL NEW PRESSURE TO NORMALIZE TIES TO IRAN
David Bird |
The United States, having put an embargo on countries that supplied nearly 10 percent of last year's
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 7, 1990 Copper Total, 10,471. Gold Total, .1,528,760.Silver Total, .251,062,504.
STOLT TANKERS SETS UP CONTAINER-LEASING DIVISION
Journal of Commerce Staff |
Stolt Tankers and Terminals (Holdings) SA is going into the tank container- leas ing business.
STUDY BACKS REMOVAL OF TACOMA BRIDGE
John Davies |
A bridge blamed for dozens of ship and barge accidents should be eliminated by 1992 and replaced wit
Maritime
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