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BARTER PROPOSED FOR OIL TRADE
Neel Patri |
Countertrade and joint ventures may become the most important elements of enhanced cooperation betwe
Maritime
TEXACO SELLING OFF ANGOLAN INTERESTS
Howard Schissel |
Economic factors more than political pressure from the Reagan administration are behind Texaco's mov
FOUR GULF OIL MINISTERS PLAN MEETING IN QATAR
(Ap) |
Oil ministers of four Persian Gulf states are to meet in Qatar on Sunday, Abu Dhabi's official news
THIOKOL TO PURCHASE PRODUCER OF VAPOR DEPOSITION PRODUCTS
Journal of Commerce Staff |
Morton Thiokol Inc. agreed to purchase CVD Inc., a major producer of materials made by the chemical
SOVIETS OPEN REACTORS TO INSPECTION
(Ap) |
The Soviet government notified the International Atomic Energy Agency that it is prepared to open t
WORLD TODAY
From Wire and Staff Reports |
Vote to Halt Aid WASHINGTON - The Senate Foreign Relations Committee voted to halt U.S. aid
WASH. SENATOR TAKES HARD LINE ON TRADE BILL
Philo Lund |
A trade bill introduced in the House of Representatives would shock the world economy and create ear
Maritime
RAW MATERIAL PRICES HIT 10-YEAR LOW IN '86
(Ap) |
World prices for major raw materials dropped to their lowest level in more than a decade last year,
Maritime
FORGET UAL - IT'S NOW ALLEGIS
(Ap) |
UAL Inc. announced plans to change its name to Allegis Corp. in hopes of making the public think of
DOT TO MOVE ON PILOTS SELF-DISCLOSURE CONCEPT SEEN UNRELIABLE
David M. Cawthorne |
Aircraft pilots cannot be depended upon to disclose evidence they may have alcohol or drug abuse pro
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
UK Seeks to Limit Japanese Bank InroadsThe U.K. government proposed an amendment to a bill t
CME CONTRACT APPROVED
Knight-Ridder Financial |
The Commodity Futures Trading Commission approved a Chicago Mercantile Exchange application to trade
PERU TO REPAY SOVIET DEBT FIRST
Barbara Durr |
The Peruvian government is eager to use countertrade to pay more of its foreign debt, but the Soviet
S. KOREAN SHIP STILL MISSING
(Ap) |
Two Japanese patrol boats, one equipped with a helicopter, continued the search for the missing 17,
Maritime
IT'S FEAST OR FAMINE AT EC DOCKS
Simon Cameron Moore |
Listeners to daily bulletins on Rotterdam and Hamburg local radio stations would have picked up a st
Maritime
SPOT PRODUCT PRICES
JOC Staff |
February 18, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
POWER PRICE STABILITY FORECAST FOR NEXT DECADE
Kirby V. Freeman |
Demand for electric power from the nation's investor-owned utilities is expected to increase by 2.2
TREASURY DENIES YEN-DOLLAR PACT
Richard Lawrence |
U.S. Treasury officials wouldn't confirm reports from Kyodo News Service, Japan's leading wire agenc
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Grace Establishes Subsidiary in ChinaW.R. Grace & Co., the international specialty chemical
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Construction of new homes and apartments edged down 0.1 percent in January, the
Maritime
WASH. SENATOR TAKES HARD LINE ON TRADE BILL
Philo Lund |
A trade bill introduced in the House of Representatives would shock the world economy and create ear
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Palo Verde 2 Set For Scheduled RestartPHOENIX, Ariz. - The restart of Unit 2 at the Palo Ver
LAW TO GOVERN CRUISE SHIP AID GAUGHAN STATES POLICY
Robert F. Morison |
Maritime Administrator John Gaughan said he will be guided by present law in deciding whether to app
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Daewoo Will Build Cars for Alaska RailANCHORAGE, Alaska - Daewoo Heavy Industries said it ha
AIR FRANCE SEEKS CHIEF EXECUTIVE
Howard Schissel |
Air France, the French state-controlled flag carrier, is searching for a new chief executive to guid
WHEAT WAR CLAIMS CASUALTY
Dirck Steimel |
The wheat subsidy war between the United States and the European Community has claimed its first cas
RAIL, AGENCY PACTS BROADEN PAD'S REACH ACROSS THE US
John Davies |
A shipping line that in the past ferried cargo mainly between the U.S. West Coast and Australia is e
Maritime
INSURANCE ANTITRUST EXEMPTION MUST GO, REAGAN TEAM AGREES
Leah R. Young |
The Reagan administration is joining Senate liberals in a call for repeal of the insurance industry'
CORRECTION
JOC Staff |
The Journal of Commerce, regretfully, misreported key figures in the latest earnings report by Cigna
INSURANCE EARNINGS
JOC Staff |
Aetna Earnings Top ExpectationsHARTFORD, Conn. - Aetna Life & Casualty Co. reported a sharp
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPAN TRIES TO LURE US CAMPUSES
(Ap) |
Japanese officials will host a tour of U.S. university administrators next week, offering them land,
Maritime
CAMERA BUYERS SOUGHT TO RECEIVE REFUNDS
Journal of Commerce Staff |
LeRoy S. Zimmerman, Pennsylvania attorney general, is trying to locate an estimated 11,000 Pennsylva
Maritime
FEDERAL EXPRESS PLANS OAKLAND AIRPORT HUB
Maureen Robb |
Federal Express Corp. will build a $16 million distribution center at Oakland International Airport,
HEARING DELAYED ON FORECLOSURE
Journal of Commerce Staff |
A U.S. Bankruptcy Court judge has delayed until next Thursday a hearing on a Prudential Lines Inc. m
Maritime
BRAZIL'S VAST SOYBEAN POTENTIAL EYED
Bob Bogda |
The topic of conversation was not the anticipated size of the 1986-87 Brazilian soybean crop.
FOREIGN HEADLINES
From Wire and Staff Reports |
Conference Rejected LONDON - Congolese President Denis Sassou-Nguesso, who is chairman of th
Maritime
MACK TRUCKS POSTS PROFIT
JOC Staff |
Mack Trucks Inc. reported fourth quarter net income of $6.7 million, or 23 cents a share, compared w
CONOCO NORWAY MAY USE ADVANCED PRODUCTION SHIP
Journal of Commerce Special |
Conoco Norway is considering using an advanced oil production ship to enable it to start operating o
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