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DOLLAR CONTINUES DOWNWARD DRIFT
Knight-Ridder Financial |
The U.S. dollar continued a slow drift downward Wednesday on what the market saw as fresh signs of a
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BUSINESSMEN ATTACK VANCOUVER PORT BODY
Journal of Commerce Special |
A powerful businessmen's organization which helped form the Vancouver Port Corp. is now attacking it
Maritime
COOPERATION IS URGED FOR ASIAN DEVELOPMENT
(Ap) |
Hahn Bong-Soo, president of the South Korean Trade Promotion Corp., criticized the protectionist att
Maritime
CHINESE DEFECTOR FILES LIBEL SUIT
(Ap) |
An unusual libel suit filed by a defector from China against the Chinese Communist Party has caught
Maritime
DRUG STOCKS SHINE IN ERRATIC SESSION
RIPLEY WATSON, Jr. |
Chemical and pharmaceutical stocks, as well as those of public utilities, were in the spotlight Thur
INDUSTRIAL PRODUCTION EDGES UP SLIGHT 0.1 PERCENT
(Ap) |
Production at the nation's factories, mines and utilities edged up a tiny 0.1 percent last month, co
WEEKLY COAL EXPORTS
JOC Staff |
Week of August 10-August 16, 1986 This is a compilation of U.S. coal exports for the week. I
GOTAAS-LARSEN NET EARNINGS ON INCREASE
Journal of Commerce Staff |
Gotaas-Larsen Shipping Corp. reported net earnings of $8.5 million, or 62 cents a share for the thir
Maritime
MARAD PLANS SALE OF LNG VESSELS CONDITIONAL AGREEMENT MADE WITH AN UNNAMED PURCHASER
TOM McNIFF Jr. |
The U.S. Maritime Administration plans to move three massive liquefied natural gas tankers to a Narr
LANDSLIDE CAUSES DELAYS ON CANAL
(Ap) |
A week of heavy rains caused a landslide that partially blocked the Panama Canal, reducing traffic t
Maritime
FLORIDA FINES ALLSTATE FOR REFUSING COVER
James Nolan |
The Florida insurance department fined the Allstate Insurance Co. $40,000 ''for refusing to offer au
CROP PRODUCTION FORECASTS PROVIDE IMPROBABLE DRAMA
(Ap) |
Crop production forecasts. To many, the very words might usher in the soft balmy haze of slu
SUGAR CANE HARVEST RISES 22 PERCENT IN CHINA
(Ap) |
Sugar cane output in China's Guangxi Zhuang autonomous region increased 22 percent this year, accord
US CATAMARAN PLIES PUGET
Bruce Johnson |
An Australian-designed, U.S.-built catamaran, capable of carrying 245 passengers at 28 knots, was pl
Maritime
AUSTRALIANS MULL FARM TRADE ISSUE LITTLE IMPROVEMENT EXPECTED DESPITE PROGRESS AT TALKS
Vincent W. Stove |
Australian agricultural officials do not expect any improvement in the international trading of farm
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Heller Financial Lends $80 Million to Itel RailHeller Financial said it is providing a $70 m
MISSILES STRIKE OIL RIG OWNED BY DANISH FIRM
(Ap) |
An oil rig in Abu Dhabi belonging to Denmark's A.P. Moeller concern was hit by three missiles, a com
JAPAN HOPES NUCLEAR PLANTS WILL PROVIDE 60 PERCENT OF POWER
(Ap) |
Nuclear power plants in Japan will supply 60 percent of the country's electricity needs by the year
DILLINGHAM MOVE PROTESTED
Journal of Commerce Special |
Dillingham Ship Repair unilaterally put a new work contract into effect this week, triggering a prot
Maritime
KUWAITI MOVE SUGGESTS OIL OUTPUT HIKE
Bruce Barnard |
Kuwait underlined its intention to boost output by unexpectedly chartering six supertankers for incr
DARK CLOUDS LOOM OVER FARM EXPORT PICTURE
(Ap) |
More dark clouds are building up in the U.S. farm export picture, obscuring the summer's mild upswin
PACKWOOD WINS STRIKE FEE PLEDGE WEST COAST RATE MAKERS SAY THEY'LL DELAY IMPLEMENTATION
John Davies |
The TransPacific Westbound Rate Agreement said it has no intention of charging excessive fees at Wes
Maritime
UP HOUSE IN ORDER OVERNITE
Gregory S. Johnson |
Now that Union Pacific Corp. had made some moves to get its own house in order, the only logical thi
ASIAN CENTER TO EXPAND
Maureen Robb |
The Center for Asian Pacific Affairs plans to expand its activities in the Pacific Basin. Th
Maritime
SEATTLE FORECASTS GROWTH IN 1987 BELT-TIGHTENING TO CONTINUE FOR PORT TO BE COMPETITIVE
Gloria Joseph |
Forecasted growth in containers moving through Seattle may be just enough positive news to help reli
Maritime
NEW UN PANEL IS HOOKED ON GROWTH OF TRADE IN FISH
(Ap) |
a new U.N. panel, in a report issued this week, called for full but well- managed exploitation of al
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThere will be big changes in the semiconductor business in the next five years.
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThere will be big changes in the semiconductor business in the next five years.
ARBITRATORS URGED TO RETHINK ROLE
Don O'shea |
Maritime arbitrators attending the monthly meeting of the Society of Maritime Arbitrators here were
Maritime
CONGRESS APPROVES BILL ON APPLIANCE STANDARDS
(Ap) |
Legislation setting national energy efficiency standards for large household appliances, a step the
CRAVAT COMPLETES GREEK SHIPMENTS
Tim Sansbury |
Cravat Coal Co. of Cadiz, Ohio, made its final shipment in August on a one- year steam coal contract
TO AVOID MOTION SICKNESS- BE PREPARED!
Christopher Lofting |
Somehow during this age of high-flying jumbo jets equipped with weather radar and ships with sophist
AVIATION BRIEFS
From Wire and Staff Reports |
New Flights by IPX Will Carry UPS CargoALAMEDA, Calif. - International Parcel Express, a joi
JOBLESS TOTAL FALLS IN BRITAIN
(Ap) |
The number of people out of work in Britain fell by 22,000 in September to 3.19 million, or 11.6 per
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
British Petroleum Co. Seeks Oil in EcuadorQUITO, Ecuador - British Petroleum Co. Ltd. began
ARGENTINE OIL OUTPUT FELL AGAIN IN SEPTEMBER
Jeremy Morgan |
Crude oil production in Argentina fell 3.8 percent in September compared with the month before, the
DISTILLATE FUEL OIL INVENTORIES CONTINUE CLIMBING
Journal of Commerce Staff |
The supply of distillate fuel oil continued its seasonal buildup, according to the American Petroleu
GLEASON EXEMPTS PRMSA CARGO
Journal of Commerce Staff |
Esteban Davila, executive director of the Puerto Rico Maritime Ship ping Authority, said he received
Maritime
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