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NEWS SUMMARY
JOC Staff |
GENERAL NEWS Signetics Corp. has spent the past two years getting a stem-to-stern overhaul.
CROSS-BAY PORTS BATTLE FOR LINES
Maureen Robb |
The rivalry between the ports of Oakland and San Francisco is growing. The battle intensifie
Maritime
ASIAN COMMON MARKET URGED
A.E. Cullison |
Formation of a Northeast Asian economic zone similar to the European Community was urged by a privat
MO. TO ADOPT INSURANCE, TORT REFORMS
Journal of Commerce Staff |
Missouri Gov. John Ashcroft scheduled a public ceremony today to sign into law major reforms in insu
STOCK PRICES PLUNGE AMID WORRY OVER DOLLAR
Journal of Commerce Staff |
Stock prices plunged late Monday on program selling amid concern the fallingdollar could bri
QUOTE TO NOTE
JOC Staff |
On Japan Bashing: They have pursued a direction that's in the best interest of their economy
Maritime
TEXAS COAL TERMINAL ATTRACTS KY. OFFICIALS
Tim Sansbury |
The state of Kentucky wants to know more about a plan to deliver its coal cheaper to the export mark
CALIF. UTILITY, WATER DISTRICT RENEW PACT
Journal of Commerce Staff |
Southern California Edison Co. and the Metropolitan Water District of Southern California renewed an
PHILIPPINE BREWERY SETS STOCK DEAL
(Ap) |
The Bond Corp. Holdings Ltd. of Australia will buy 14 million shares of San Miguel Corp. stock under
Maritime
TEXACO'S STRATEGY PAYS OFF COURT PUTS A STAY ON $10 BILLION BOND FIRM HAD TO FILE
Sam Glasser |
Texaco Inc.'s strategy of filing for bankruptcy protection paid off, at least for the short-term, Mo
ROMANIAN FIRM SETTLES ALLEGATION
Journal of Commerce Staff |
The Federal Maritime Commission disclosed that the Romania Shipping Co. paid $15,600 to settle an al
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
South Korea Orders Generators From GESCHENECTADY, N.Y. - General Electric Co. obtained a con
Maritime
BALDRIGE RIDES HERD ON US TRADE PROBLEMS
(Ap) |
Commerce Secretary Malcolm Baldrige, claiming full recovery from a bout with viral pneumonia that la
Maritime
FIRE SAFETY MESSAGE IGNITES ENTHUSIASM
(Ap) |
Firemen taking a novel approach to teaching fire safety roll a portable house onto the playground, f
CHEVRON RIG TOWED TO DRILLING SITE
Journal of Commerce Staff |
Chevron Oil Co.'s oil platform, Gail, after floating idly since mid-1986 at the port of Long Beach,
CANADA SHIFTS POLICY ON AIRPORT OPERATION
Journal of Commerce Staff |
Transport Minister John Crosbie announced a new policy allowing provincial, regional or local author
EARNINGS INCREASE AT VIKING FREIGHT
Journal of Commerce Staff |
Viking Freight Inc.'s first quarter earnings rose to $279,000, or 8 cents a share, from $274,000, al
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Emery Chemicals Cuts Prices for GlycerineEmery Chemicals announced a 5-cent-a-pound roll-bac
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
WISCO: PULLOUT MAY BE BENEFICIAL
Canute James |
The West Indies Shipping Corp., owned by the governments of the region's English-speaking countries,
Maritime
HONG KONG'S EXPORTS TO US FELL IN FEBRUARY
P.T. Bangsberg |
Domestic exports to the United States fell in February to HK$3.6 billion (US$460 million) from HK$5.
Maritime
SPACE ALLIES COOL TO US MILITARY PUSH
Boston Globe |
The Pentagon's new emphasis on a potential military role for the space station planned by the United
UK TO RAISE PAYOUTS IN MARITIME FATALITIES
Edwin Unsworth |
Britain's plans to raise the limits of compensation for victims of shipping accidents to more than d
GULF PORTS TO DEFEND PREFERENCE RULES
Marie Prat |
Gulf ports plan a barrage of letter-writing and other tactics to counter criticism of new cargo pref
TURKEY FORMALLY APPLIES FOR MEMBERSHIP IN THE EC
(Ap) |
Turkey will submit today its formal application to join the European Community, an EC official said
Maritime
BORG-WARNER BUY-OUT COULD SPARK SELL-OFFS
Charles Thurston |
A board-approved plan to raise an estimated $4.7 billion for a friendlyleveraged buy-out of
NORWAY WEIGHS OPEN REGISTRY
Robert F. Morison |
Norway soon may join the Isle of Man and Vanuatu as the latest jurisdictions to offer their flags an
Maritime
BALTIMORE ILA ASKED TO RECONSIDER GAI PLAN
Alan F. Schoedel |
Waterfront management in Baltimore is asking the port's longshoremen to reconsider their rejection o
Maritime
BRITISH SHIPBUILDERS LANDS CHINESE ORDER
Bruce Barnard |
State-owned British Shipbuilders announced Monday it had won a contract for two large containerships
Maritime
VT. SLAMS BRAKES ON AUTO RATES
James Nolan |
The free market for commercial auto insurance is not working in Vermont, state regulators said as th
INSURANCE BRIEFS
From Wire and Staff Reports |
Coseco Details Plans Of Stock OfferingCARMEL, Ind. - Conseco Inc. said it expects to offer t
GRAIN EXPORTS RATES REMAIN EVEN
(Ap) |
Although there is some pickup in U.S. grain exports and domestic use, an Agriculture Department anal
PORTUGUESE AIRLINE SELECTS GE ENGINES
JOC Staff |
General Electric Co. said Tap Air Portugal, the Portugese flag carrier airline, has selected GE CF6-
DOME PETROLEUM SUSPENDS TALKS WITH TRANSCANADA
(Ap) |
Officials of deeply indebted Dome Petroleum Ltd. cut off negotiations with TransCanada Pipelines aft
LOSS OF SUBMARINERS FOCUS OF NAVY PROBE
Journal of Commerce Special |
The Navy is investigating the death of one, and presumed loss of a second, submariner swept overboar
Maritime
IBM'S NET FALLS 22.8 PERCENT IN QUARTER
Journal of Commerce Staff |
International Business Machines Corp. reported a 5.5 percent increase in worldwide gross income duri
HUTTON APPOINTS PERAS SENIOR VP
Journal of Commerce Staff |
Steven M. Peras, formerly vice president in charge of all spot trading for Irving Trust Co., was nam
SKAARUP OFFICIAL BULLISH ON US MARITIME ROLE
Mark Magnier |
The breakup of national flags and the proliferation of open shipping registries provide an opportuni
Maritime
HONG KONG'S EXPORTS TO US FELL IN FEBRUARY
P.T. Bangsberg |
Domestic exports to the United States fell in February to HK$3.6 billion (US$460 million) from HK$5.
Maritime
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