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CRUISE LINE SELLS STAKE TO INVESTORS
Maureen Robb |
American Hawaii Cruises said it sold a majority interest in the company and dropped its Tahiti crui
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Ashland Oil Reports Decline in Net IncomeASHLAND, Ky. - Ashland Oil Inc. reported net income
SAN DIEGO YARD WINS NAVY PACT
Bill Mongelluzzo |
The award of a $290.9 million Navy contract to National Steel & Shipbuilding Co. illustrates once ag
Maritime
US URGED TO SIGN INTERNATIONAL COFFEE PACT
JOC Staff |
Denis Bra Kanon, Ivory Coast agriculture minister, opened an extraordinary session of the Inter-Afri
Maritime
TIN COUNCIL SURVIVES LIQUIDATION PETITION
(Ap) |
A judge ruled that the British high court could not liquidate the beleaguered International Tin Coun
CME RE-ELECTS SANDNER
Journal of Commerce Staff |
John F. "Jack" Sandner, chairman of the Chicago Mercantile Exchange (CME), has been re-elected to se
ILLINOIS TREASURER BATTLES HIGH CREDIT CARD RATES
Journal of Commerce Staff |
Illinois Treasurer Jerome Cosentino says he will continue waging war on high bank-credit-card intere
PFIZER CREDITS WEAKER DOLLAR FOR IMPROVEMENT IN EARNINGS
Journal of Commerce Staff |
Pfizer Inc. reported net income for the 1986 fourth quarter was $158.4 million, up from $139.3 milli
CHEMICAL MARKETS GUM ROSIN MARKET SEEN FIRMING
Journal of Commerce Staff |
The market for imported gum rosin is reported to be drifting up due to declining tall oil rosin sto
JAPANESE AUTO PRODUCTION FALLS
(Ap) |
Japanese production of four-wheeled vehicles dropped slightly in 1986 compared with the previous yea
Maritime
FRENCH KNOW-HOW USED IN JAPANESE NUCLEAR PLANT
(Ap) |
A Japanese company planning to build the country's first nuclear fuel reprocessing plant for commer
Maritime
AUSTRALIAN AIR POLICY HIT DEREGULATION UNLIKELY DESPITE PROBLEMS
Vincent W. Stove |
A special report states that Australia's regulated domestic aviation system is almost universally di
INSURERS FAULT US OVER BANKS
Leah R. Young |
The life insurance industry is disputing administration assertions that bank holding companies need
FUNDS SOUGHT TO REOPEN BEIRA ROUTES
JOC Staff |
Newspaper advertisements at the weekend urged investors to buy Z$1 million (US$600,000) worth of sha
ROTTERDAM STRIKES HURT PORT IMAGE, THREATEN CARGO DIVERSIONS
Simon Cameron Moore |
Rotterdam's image as a strike-free port has been tarnished by a series of longshoremen's strikes tha
MITSUBISHI ACCEPTS FIXED $17.52 PRICE FOR SAUDI CRUDE
Journal of Commerce Special |
Japan's Mitsubishi Corp. will conditionally comply with a Saudi Arabian request to accept a fixed o
MARSHMAC SETTLES WITH SEC
C.A. Carpenter |
The Securities and Exchange Commission said Marsh & McLennan Cos. settled charges that it misreprese
NJ GASOLINE STATION OWNERS LOBBY AGAINST VAPOR RECOVERY
(Ap) |
Several dozen gas station dealers and attendants traveled to the Statehouse to lobby against a propo
MILLER BREWING PROMOTES BEER MADE WITH WHEAT
(Ap) |
Using a hawk and harvest scenes for a "straight from the heartland" theme, Miller Brewing Co. is pro
MIAMI STRIKE THREAT DIES
Craig Dunlap |
Union longshoremen and Dade County port officials reached an employment settlement that eliminates t
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Sugar Exporters Call Off MeetingA meeting of the four leading sugar exporters, tentatively s
NY AREA PRICES RISE AT SLOWER PACE
(Ap) |
Consumer prices rose by 2.6 percent in 1986 in the New York metropolitan area, the smallest yearly a
NJ LIQUOR LIABILITY BILL VETOED
(Ap) |
Gov. Thomas H. Kean has conditionally vetoed a bill designed to protect tavern owners from lawsuits
EMERY CHEMICALS COMPLETES EXPANSION OF SC FACILITY
Journal of Commerce Staff |
Emery Chemicals announced the completion of the final phase of the $4.5 million expansion of its Mau
TWO US COMPANIES WIN BRAZILIAN PACT
Tim Sansbury |
Two new U.S. coking coal producers have broken into the promising Brazilian market with an offer tha
HYDROGEN SOLUTION TO ENERGY WOES?
Boston Globe |
Sooner or later, the world will run on hydrogen. That's the forecast, at least, of a small b
TRAFFIC REPORT
Wire and Staff Reports |
Hollings to Address Carriers ConferenceSen. Ernest Hollings, D-S.C., will be the keynote spe
FOREIGN INVESTMENT FALLS IN CHINA
Jasper Becker |
Direct contracted foreign investment in China plunged 50 percent last year to $3.3 billion, down fro
Maritime
FOREIGN INVESTMENT DIPS CHINA REPORTS 50 PERCENT DECLINE TO $3.3 BILLION
Jasper Becker |
Direct contracted foreign investment in China plunged 50 percent last year to $3.3 billion, down fro
Maritime
CALIF. THREATENS UNITARY TAX RETURN
(Ap) |
California Governor George Deukmejian said that if Japan did not reduce its trade surplus with the s
Maritime
BATTLESHIP NEW JERSEY RATTLES COAST
JOC Staff |
The battleship New Jersey, shooting its 16-inch guns off the Southern California coast, rattled wind
Maritime
AVIATION REPORT
From Wire and Staff Reports |
Swissair Adds Atlanta As US DestinationGENEVA, Switzerland - Swissair has added Atlanta to i
NEW PRODUCTS MARKETPLACE LINE CONDITIONERS HELP PROTECT DATA
JOC Staff |
A range of line conditioner units from Britain eliminates fears of data corruption in microprocessor
Maritime
LAXALT CRITICIZES CAMPAIGN POLICIES
(Ap) |
Former Sen. Paul Laxalt, bowing out as general chairman of the Republican Party, decried the emphasi
JAPANESE FEAR YEN STRENGTH
A.E. Cullison |
The Japanese are worried that further appreciation of the yen against thedollar could send t
POLISH OCEAN LINES BULLISH ON N. ATLANTIC
Albert Axebank |
Polish Ocean Lines is optimistic about its future in the competitive North Atlantic shipping trade.<
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
TIGHT SUPPLIES SUPPORT MAY/JULY WHEAT TRADING
Michael Kreca |
Chicago Board of Trade May wheat is expected to hold its premium to July amid the ongoing scarcity o
SHAKEOUT TO CONTINUE UNTIL 1990 SHAPE OF INDUSTRY TO CHANGE IN WAKE OF RATIONALIZATION
TOM McNIFF Jr. |
A consultant predicts the shakeout in container shipping will end by 1990, with a few large firms d
Maritime
LLOYD'S TO CHANGE COUNCIL? INQUIRY SAYS MORE INDEPENDENT OVERSIGHT NEEDED
Edwin Unsworth |
Lloyd's of London should change the makeup of its ruling council to include more outside members in
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