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NEWS SUMMARY
JOC Staff |
GENERAL NEWS New government figures underscore fears of a soft economy beset with ever- fast
MARITIME BRIEFS
From Wire and Staff Reports |
Controlled Carrier List Includes 4 More LinesThe Federal Maritime Commission put four more f
Maritime
NEW SHIPS READY FOR WORK
JOC Staff |
Hitachi Zosen Corp., the Tokyo shipbuilder, recently delivered three new vessels to owners. The Toch
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
900 NJ Liquor Vendors Join Insurance SystemTRENTON, N.J. - About 900 of New Jersey's 12,000
MEXICO CLINCHES LOAN WITH NEGATIVE GROWTH
WILLIAM A. ORME Jr. |
Negative 3 percent growth in the first quarter of 1987 has made Mexico eligible for US$500 million i
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
NIPPON CARGO BLASTS TIGERS, EMERY
Journal of Commerce Staff |
Nippon Cargo Airlines urged the Department of Transportation to renew its authority to operate a tot
WANG PLANNING JOINT VENTURE WITH TAIWANESE
Journal of Commerce Staff |
Wang Laboratories Inc. said it is planning to invest in and manage a joint venture with Taiwanese go
Maritime
STRIKERS BLOCK PORT WITH SHIPS ALGECIRAS, SPAIN
(Ap) |
Striking crews of two ships blocked traffic in and out of the southern port of Algeciras, Spain's ga
Maritime
TRUCK FIRMS' PROFITS DOWN
Leo Abruzzese |
Pricing pressures eroded first-quarter profits for several large regional trucking companies, data f
HONG KONG RETAILER TARGETS EXPANSION
P.T. Bangsberg |
After record results for last year, a local retailer with strong U.S. links is looking for further e
Maritime
FARM TRADE BILL CLEARS PANEL
(Ap) |
Trade legislation to prod other countries to drop farm subsidies or face more intense subsidized com
Maritime
PUERTO RICO STILL COMMITTED TO PROGRAM
Hans William Perl |
A Caribbean production program that benefits some U.S. importers seems to be coming under fire in Wa
Maritime
BANK OF ENGLAND OPTIMISTIC
Janet Porter |
Britain's international trading prospects have improved dramatically in recent months, thanks largel
Maritime
TEXTILE IMPORTS RISE 4.4 PERCENT
Journal of Commerce Staff |
Imports of textiles and apparel hit the highest first quarter level in history, the American Textile
Maritime
LATIN NATIONS REDUCING DEBT THROUGH SWAPS
(Ap) |
Latin American countries are reducing their foreign debts through a sophisticated financing arrangem
ON THE MOVE REAGAN TAPS L.M. HECKLER FOR FAA POST
Staff Report |
President Reagan nominated Lawrence M. Heckler, a former pilot and airline executive, to be deputy a
PITTSTON-JAPANESE DEAL STILL UP IN AIR OVER PRICE
Tim Sansbury |
The price at which U.S. coking coal will be sold to Japan's steel industry this year remains unsettl
AUSTRALIAN COMPANY BOOSTS RESERVES IN NORTHERN IRELAND
Journal of Commerce Staff |
Meekatharra Minerals Ltd. of Australia said exploration near Ballymoney, Northern Ireland, has incre
SPAIN'S COAL IMPORTS SET TO RISE AS NEW POWER PLANTS START UP
Howard Schissel |
Spain's coal imports, especially steam coal, are set to rise over the next five years as new coal-fi
BRITISH COLUMBIA FIRM ON PRICES
Cristina Lee |
Northeastern British Columbia metallurgical coal prices will hold despite threats by Japanese steel
TWIN PLANTS SHINE ON IN MEXICO
Bill Mongelluzzo |
U.S. companies are importing successfully from Mexico under that country's 20-year-old maquiladora c
Maritime
GUARDIAN UNIT TO BUILD LUXEMBOURG GLASS PLANT
Journal of Commerce Staff |
Guardian Industries Corp. announced that a subsidiary will construct a new float glass manufacturing
SPOT PRODUCT PRICES
JOC Staff |
May 15, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon, f
THAI OFFICIALS OPPOSE CHANGES TO COPYRIGHT ACT
(Ap) |
Opposition members of Parliament and other legislators have criticized a planned amendment of a copy
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
Taiwan Proposes Cuts In 300 TariffsTAIPEI, Taiwan - Taiwan may cut tariffs on 300 items in M
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
Fuel Pump Defect Triggers Isuzu RecallJapan's Isuzu Motors said it is recalling 177,215 of i
Maritime
NEW PRODUCTS MARKETPLACE
JOC Staff |
Fluid Dispenser Has Digital ReadoutA portable digital burette that measures and dispenses up
Maritime
COST OF CREDIT
JOC Staff |
Fri., May, 15 ,1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEW YORK STATE GIVES NOD TO COGENERATION REQUEST
Journal of Commerce Special |
The New York State Public Service Commission approved a request by Gas Alternative Systems, the deve
WELCOME TO SILICON VALLEY, INDIA-STYLE
Sheila Tefft |
In the heart of this southern city that touts itself as India's Silicon Valley, U.S. computer giant
3 KY. PRODUCERS TO DIVIDE TVA PACT
Journal of Commerce Staff |
The Tennessee Valley Authority said it paid $21.14 a ton f.o.b rail to threeKentucky coal pr
WEST COAST BRIEFS
Wire and Staff Reports |
Chateau St. Jean Names New PresidentKENWOOD, Calif. - Sonoma Valley's Lyeth Vineyard Preside
Maritime
FOOD FREIGHTER OFFERED FOR SALE
Fort Lauderdale News & Sun-Sentinel |
Owners of a freighter carrying food to Mozambique and Jordan that is marooned at Port Everglades can
Maritime
SOVIET NAVAL OPERATIONS DECLINE, US REPORT SAYS
(Ap) |
Despite some well-publicized exercises, the overall pace of Soviet naval operations worldwide declin
Maritime
SHIPYARD WORKERS, POLICE CLASH IN SPAIN
(Ap) |
Masked shipyard workers hurled four Molotov cocktails at police and pelted them with nuts and bolts
Maritime
CHEMICAL MARKETS
JOC Staff |
Akzo Chemie Boosts Price of GluconateJournal of Commerce StaffCHICAGO Akzo Chemie A
OECD FARM ACCORD GIVES MOMENTUM TO GATT TALKS
Anne Meade |
U.S. Trade Representative Clayton Yeutter hailed the Organization for Economic Cooperation and Devel
FINANCIAL STATE OF INSURERS: NEW CRISIS FOR CONSUMERS?
(Ap) |
The cost to consumers of a wave of insurance company failures in the past three years may reach more
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