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MARINE CASUALTIES
JOC Staff |
The Panamanian vessel Tula, 11,395 gross tons, is leaking water into its No. 6 cargo hold where the
Maritime
CCC SEEKING MORE FUNDS
Knight-Ridder Financial |
The U.S. Department of Agriculture's Commodity Credit Corp. will need $6.6 billion in supplemental f
COUNTRIES REMOVED FROM CUSTOMS LIST
Journal of Commerce Staff |
The U.S. government removed seven countries from its list of those whose vessels may be cleared for
Maritime
MORE VALVE PROBLEMS PLAGUE NINE MILE 2
(Ap) |
Two more attempts to repair a leaky safety valve at the Nine Mile Point 2 nuclear power plant have f
CORNING GLASS AGREES TO BUY HAZLETON LABS
(Ap) |
Corning Glass Works and Hazleton Laboratories Corp. have agreed in principle for Corning to buy Hazl
SPOT PRODUCT PRICES
JOC Staff |
January 6, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
DELAWARE RIVER PORTS' FUNDING STILL AN ISSUE
Gregory S. Johnson |
The Delaware River Port Authority is not expecting any immediate resolution of its internal dispute
Maritime
INDONESIA'S BUDGET CUTS SPENDING 27 PERCENT
P.T. Bangsberg |
With a call for courage to face a dismal situation, Indonesia's President Suharto introduced a harsh
Maritime
CHINA PLANS HIKE IN STEEL OUTPUT
P.T. Bangsberg |
China, the world's fourth-largest producer of steel, is planning heavyinvestments in the ind
Maritime
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
BRAZIL URGES BANKS TO COLLABORATE
(Ap) |
The government said the Mellon Bank of the United States had been expelledfrom the country a
Maritime
ARGENTINA HOPES TO TAKE EXPORTS TO THE BANK
Jeremy Morgan |
Argentine negotiators hope to dispel creditor concern about the country's sharply declining trade su
NEWS SUMMARY
JOC Staff |
GENERAL NEWS A small San Diego company has developed an extensive electronic mail network. P
PRUDENTIAL SUES MARAD FOR CUTTING OFF SUBSIDY BLAMES AGENCY FOR CAUSING LINE TO SEEK PROTECTION
Mark Magnier |
Prudential Lines Inc. filed a suit against the Maritime Administration seeking compensatory and puni
STUDY: BOX TERMINALS LACK COMPETITION IN AUSTRALIA
Vincent W. Stove |
The fact that most container terminals in Australia are owned by shipping interests could lead to in
Maritime
SEX-BASED RATE LAW OVERTURNED
(Ap) |
A Superior Court commissioner has overturned a law requiring California life insurance companies to
LAURETIAN EXPANDS FINANCIAL EMPIRE
Leo Ryan |
Laurentian Group Corp., the third biggest integrated financial services group in Canada, has signifi
NEW YORK CONSUMER ADVISER OPPOSES NIMO RATE HIKE
(Ap) |
Gov. Mario Cuomo's top consumer adviser urged the state Public ServiceCommission to refuse t
ROYAL NEDLLOYD GROUP GETS VAN GEND & LOOS
Simon Cameron Moore |
Royal Nedlloyd Group NV, the Rotterdam-based transport and energy group, has completed its takeover
TRAFFIC BRIEFS
From Wire and Staff Reports |
Panel Moves to Clear Highway Funding BillHighway funding legislation was introduced in the H
FORD MAKES 19871/2 TRUCK CHANGES
Michael S. Lelyveld |
Ford Motor Co. announced its "1987 1/2" truck model-year, rounding out its 1987 line with a series
CNW PACT DIVERTS TRAFFIC FROM BN
Andrea Chancellor |
The Chicago and North Western Transportation Co. scored a direct hit in the battle with the Burlingt
POLISH DEBT MAY TOP $35 BILLION
Albert Axebank |
Western commercial sources say Poland is making substantial and even com mendable efforts to solve i
Maritime
VENEZUELA, CREDITORS HOLD TALKS
(Ap) |
Top Venezuelan finance officials are traveling to several industrial nations to present Venezuela's
Maritime
STOCKS UP AGAIN BUT PACE SLOWS
Gordon Platt |
Stocks rose in heavy trading Tuesday to a second straight record close, but the pace of the advance
FARM BUDGET TO BE GROOMED
(Ap) |
President Reagan's proposal to make massive cuts in farm commodity programs and other economies in t
PILOT PROGRAM ON OPTIONS ENDS
Knight-Ridder Financial |
The Commodity Futures Trading Commission voted to end the pilot program status of options on agricul
WORLD SUGAR PRODUCTION EXPECTED TO BE HIGHER
Knight-Ridder Financial |
World sugar production in 1986-87 will be 100.2 million metric tons, representing a 500,000-metric-
CHARGEURS TALKING TO MAERSK INDUSTRY SOURCES SAY DANISH LINE MAY BUY FRENCH SHIP CONCERN
Howard Schissel |
Denmark's Maersk Lines is negotiating the takeover of the French shipping concern Chargeurs Reunis,
Maritime
ALL SAN JUAN HOTELS TO BE INSPECTED
JOC Staff |
All hotels in this U.S. Commonwealth are to be inspected immediately for compliance with safety regu
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
IRAQI OIL OUTPUT FORECAST TO RISE SHARPLY IN 1987
Journal of Commerce Staff |
Iraq's oil output is expected to reach an unprecedented wartime record of 2.5 million barrels daily
AUSTRALIAN LPG TO GO TO JAPAN
Journal of Commerce Staff |
Japan's Marubeni Corp. concluded a long-term contract with Australia's Wesfarmers Ltd. to import 13
JAPAN'S COFFERS BRIMMING FOREIGN EXCHANGE RESERVES SKYROCKETED LAST YEAR
A.E. Cullison |
Japan's foreign exchange reserves skyrocketed to an all-time high of $42.2 billion by the end of Dec
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
TRADE REFORM. Members of the Long Island Area Development Agency and several other regional Long Isl
Maritime
EXPANDED CNS GIRDS FOR BROADER ROLE
Richard Malkin |
It was not quite two years ago that the International Air Transport Association's Cargo Agency Board
JAMAICANS REVISE GROWTH PROJECTIONS
Canute James |
Jamaica's economy, one of the biggest in the Caribbean, is growing more slowly than the government e
Maritime
US-EC TALKS SET ON IMPORT DUTIES
(Ap) |
Top European Community trade negotiator Willy de Clercq is due in Washington later this month for ta
TAIWAN POWER TO RENEW CLAIM GENERAL ELECTRIC WON'T PAY FOR DAMAGE TO NUCLEAR PLANT
P.T. Bangsberg |
General Electric Co. is refusing to pay claimed compensation for damage in a nuclear power plant cau
INSIDE TALK FROM THE WEST COAST
Bill Mongelluzzo |
DIVERSITY: THE SPICE OF LIFE. Port of Los Angeles Harbor Commission meetings offer something for eve
Maritime
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