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COST OF CREDIT
JOC Staff |
Fri., Feb. 20, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
IMPORT BRIEFS
From Wire and Staff Reports |
ITC Finds Injury In Textile ImportsThe International Trade Commission has found in a prelimi
Maritime
CRUDE PRICES SINK BELOW $17
Bruce Barnard |
European oil prices skidded below $17 a barrel last week as OPEC producers exceeded their agreed out
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Americans who went on a year-end buying spree in December, cut back sharply in
FINANCIAL BRIEFS
From Wire and Staff Reports |
Venezuela Seeks to Cut Foreign Debt PaymentsCARACAS, Venezuela - Venezuela's chief negotiato
SUN REFINING PLANS TO WITHDRAW RECOGNITION OF OFFICERS' UNION
Gregory S. Johnson |
Come March 5, deck and engine officers serving aboard Sun Refining and Marketing Co. tankers could f
Maritime
CUSTOMS SERVICE RULES ON CREDIT CARDS
JOC Staff |
The U.S. Customs Service has ruled that the use of authorized credit cards in the payment of duties,
Maritime
NATURAL GAS DEREGULATION SEEN CUTTING DEPENDENCE
Kirby V. Freeman |
Full deregulation of the natural gas industry could give the United States a ''terrific opportunity"
HEATING COSTS LOWER IN JANUARY
(Ap) |
Milder than normal weather over the north central states helped Americans save $300 million on heati
NAVISTAR TO UNVEIL TWO NEW MODELS
Michael S. Lelyveld |
Navistar International Corp. will introduce two new truck models later this year with the accent on
TRUCKING DECONTROL FEATURE OF MEASURE
Leo Abruzzese |
The Reagan administration is expected to unveil legislation today to complete deregulation of the tr
CANADIAN BUDGET GETS LUKEWARM APPROVAL
Leo Ryan |
Canadian business circles expressed disappointment or lukewarm approval in response to the "neutral"
Maritime
BIDDING WAR IMMINENT? USAIR OFFERS $1.65 BILLION FOR PIEDMONT
(Ap) |
USAir Group Inc.'s new $1.65 billion offer for Piedmont Aviation Inc. could signal the bidding war t
BENIHANA SELECTS US CAVIAR
(Ap) |
Rocky Aoki, president of Benihana of Tokyo Inc., signed a $1 million agreement with Chattanooga-base
Maritime
WHEAT EXPORTERS ADDRESS PROBLEMS
Knight-Ridder Financial |
Ministerial representatives from the five major wheat exporters met this week, but made no firm deci
AMSTERDAM CARGO ROSE 6.6 PERCENT IN 1986
Journal of Commerce Staff |
Large increases in refined oil products and coal shipments helped Amsterdam increase its 1986 cargo-
Maritime
CHANGES WOULD BOOST PENSION PLAN FUNDING
Leah R. Young |
As expected, Reagan administration legislative proposals sent to Congress Thursday would sharply inc
HANJIN PRESUMES SHIP SANK
Bill Mongelluzzo |
Hanjin Container Lines confirmed that the Hanjin Incheon is "presumed lost at sea," and the South Ko
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Arrow Creditors OK Reorganization PlanArrow Air's creditors' committee has agreed in princip
BANK OF BRUNEI DEBT PLAN OFFERED
Journal of Commerce Staff |
Malaysian financier Tan Sri Khoo presented creditors with a proposal to repay liabilities of the sca
SUBSIDIES ENTER AIRCRAFT PARLEY
Gloria Joseph |
Airbus Industrie's marketing director pasted a Valentine's Day heart bearing its name on the lapel o
BAKER, YEUTTER DEFEND REAGAN TRADE BILL
Helen Ericson |
Key Senate Finance Committee members and Reagan administration officials seem to be far apart on maj
DREDGING AT VA. PORT COULD BEGIN EARLY MARCH
Carl Cahill |
Great Lakes Dredge & Dock Co., low bidder to deepen 12 miles of Hampton Roads outbound ship channel,
Maritime
QUOTE TO NOTE ON U.S. 'INDUSTRIAL DECLINE:'
JOC Staff |
'I said at Harvard Business School, 'I give you an A for what you attract and an F for what you sen
Maritime
SCI ESCALATES US SERVICE
Journal of Commerce Special |
Shipping Corp. of India is stepping up the frequency of its container/ breakbulk service to the Unit
Maritime
CARRIER CHINA FORMS VENTURES
Journal of Commerce Staff |
Carrier China Ltd., a subsidiary of Carrier Corp., said it established joint ventures with two Shang
Maritime
BILLS SEEK BAN OF TOXIC PAINT
Maureen Robb |
Four Western states will consider banning a commonly used ship paint said to be toxic to many types
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Ratliff Surrenders 11 Rigs to BankVELMA, Okla. - Ratliff Drilling & Exploration Co. said its
TRAFFIC BRIEFS
From Wire and Staff Reports |
NJ Urged to Accept Proposal on MonorailTRENTON, N.J. - New Jersey should jump on a developer
CHEMICAL MARKETS SULFUR GAINS MAY HELP BY-PRODUCTS
Arnaldo Arroyo |
Increased gains in the sulfuric acid market look promising for producers of by-product acid over vol
ILWU BOX RULE STUDY LIKELY TO BEAT DEADLINE
Mark Wilson |
A report on longshoremen's container-handling rules at the port of Vancouver is likely to be complet
Maritime
REHABILITATION IN FLORIDA TEN SYNDICATES AGREE TO VOLUNTARY PLAN
C.A. Carpenter |
Ten syndicates on the Miami insurance exchange have agreed to file for voluntary rehabilitation in a
DOLLAR HIGHER ON G-7, GNP NEWS
Knight-Ridder Financial |
The U.S. dollar edged upward Thursday, rising on reports of a Group of Seven meeting and revised gro
EX-BANK OFFICER CHARGED WITH EMBEZZLEMENT
(Ap) |
A former official of Mitsubishi Bank of California and its Japanese parent was charged with embezzli
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
EC Hits Japan Copiers With New 20 percent DutyBRUSSELS, Belgium - The European Community has
Maritime
JAPAN TOLD US ACTION LIKELY ON TRADE DEFICIT
A.E. Cullison |
Japan may be underestimating the determination of Congress to correct the massive trade imbalance, R
Maritime
BUDGET SEEN $26 MILLION SHORT OF GOAL
John Boyd |
The Congressional Budget Office drew its line at $26.4 billion - the amount by which it says the Rea
SHIP SECTOR WARNED OF HIGHER USER FEES
Gregory S. Johnson |
Rep. Charles B. Rangel, D-N.Y, warned the maritime industry that it may be hit soon with increased u
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
Ohio Lab Will Market UK Nutritional FoodsPowell and Scholefield Ltd., a British company spec
Maritime
NEW PRODUCTS MARKETPLACE WALKING STICK DOUBLES AS SPECTATOR SEAT
JOC Staff |
A British company has developed a lightweight walking stick that doubles as a spectator seat. The co
Maritime
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