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NY DOCK LABOR OPENS RACKETEERING DEFENSE
Bruce Vail |
Leaders of the New York dockworkers' union are fighting back. Some 26 officers of the Intern
OPEC CRUDE OIL PRODUCTION DECLINED IN 3RD WEEK OF APRIL
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries' crude oil production level in the third week of A
COST OF CREDIT
JOC Staff |
Fri., Apr. 27, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
INTERNATIONAL BRIEFS
Wire and Staff Reports |
JAPAN TO ACCELERATE NEW STORE APPROVALSJapan by the end of May will slash the maximum waitin
Maritime
STOLT RECOMMENDS 30-CENT DIVIDEND
Journal of Commerce Staff |
Shareholders of Stolt Tankers & Terminals (Holdings) SA will receive a final 1989 dividend of 30 cen
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1373 (Apr. 27, 1990) Previous day - 1379 The Baltic International Freight Futures Market in
Maritime
ICI TO PRODUCE TOTALLY DEGRADABLE PLASTIC BOTTLES
John Maggs |
Britain's Imperial Chemical Industries PLC said it will supply its "totally degradable" plastic for
STALOFF STEPS DOWN AT COMEX
Journal of Commerce Staff |
Commodity Exchange Inc. said Friday that Arnold F. Staloff has resigned his position as president an
JOFC INDEX TUMBLES
Howard Simon |
Lower plywood prices pushed the Journal of Commerce Industrial Price Index lower last week.
COMPUTER FAILURE HALTS NY TRADING
From Wire Reports |
Trading was halted at 10:57 a.m., Eastern time, at the five exchanges at the Commodities Exchange Ce
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
S. KOREAN TRADE SURPLUS WITH US FALLS SHARPLYSEOUL, South Korea - South Korea registered a $
Maritime
REP. FIELDS LISTS 1990 SHIP 'MUSTS'
WILLIAM DiBENEDETTO |
Congressional efforts on maritime issues should focus for the rest of this year on getting cargo and
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
MELAMED: TOO EARLY FOR GLOBEX IN S. KOREASEOUL, South Korea - Globex will not be implemented
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
PRICES OF OCEAN freight futures contracts moved sharply lower last week, dropping the maximum permit
Maritime
SKILLFUL TACTICS BY HILLS KEEP TRADE ON TRACK
Keith M. Rockwell |
U.S. Trade Representative Carla Hills' decision last week to cite India for trade restrictions but n
COMPETITION LIKELY TO CUT PRICES OF GOODS AFTER '92
Kevin Commins |
Increased competition in post-1992 Europe will mean lower prices for a broad range of products, spea
Maritime
UNION OF MYANMAR, BESET BY WOES, SEEKS INVESTMENT
PHILIPPE le CORRE |
The Union of Myanmar has packed off high-ranking officials to Hong Kong in a bid to attract foreign
Maritime
SAFECO PROFIT WEAKNESS BLAMED ON JUNK BONDS
John Davies |
Profits for Safeco Corp. of Seattle fell more than 14 percent in the first quarter, partly as the re
SPOT PRODUCT PRICES
JOC Staff |
Apr. 27, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
TURNING BROWN COAL GREEN ISN'T A TRICK, GROUP SAYS
Janet Porter |
Turning brown coal green will be one of the major challenges of the coal industry as producers try t
TRAFFIC BRIEFS
Wire and Staff Reports |
NEWBRIDGE TO PROVIDE T-1 NETWORK FOR CFHERNDON, Va. - Newbridge Networks Inc. has signed a c
D&H ATTORNEYS CONFIDENT LINE'S FATE WILL BE SETTLED
David M. Cawthorne |
Any doubts that the fate of Delaware & Hudson Railway Co. will be resolved shortly should be removed
TAIWAN PRESSED TO LIFT CHINA FLIGHT BAN
From Wire Reports |
Taiwan's Nationalist government is facing heavy pressure to drop its ban on direct air links with Ch
VIETNAM BECOMES POPULAR BACKDOOR TO SOVIET MARKET
Knight-Ridder Financial |
Singaporean and Japanese companies are taking advantage of a trade agreement between the Soviet Unio
REPORT SHOWS JUMP IN WORLDWIDE LOSSES
John Zarocostas |
Insured damage worldwide more than doubled in 1989 to reach $13.75 billion, according to a report re
INSURANCE BRIEFS
Wire and Staff Reports |
EARTHQUAKE LEGISLATION PLANNED IN CALIFORNIATough earthquake legislation along the lines of
ZEIGLER IN TALKS TO BUY US PROPERTIES FROM BP
Tim Sansbury |
British Petroleum Co. is completing its effort to unload U.S. coal properties by selling its remaini
COAL BRIEFS
Wire and Staff Reports |
JAPAN EXPECTS IMPORTS OF COAL TO INCREASEJapan's coal imports will likely increase to 50 mil
NAVY AWARDS PACT FOR NEW SUB
Journal of Commerce Staff |
The Navy has awarded Newport News Shipbuilding a $30 million contract to begin design work on "a new
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Apr. 27, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
AETNA POSTS MODEST RISE IN NET
From Wire Reports |
Aetna Life & Casualty Co. reported a modest increase in net income in the first quarter, with increa
MARITIME BRIEFS
From Wire and Staff Reports |
FMC'S QUARTEL TO HEAD AUTOMATION PROJECTRob Quartel, the newest member of the Federal Mariti
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
COMPANIES TO STUDY EAST GERMAN VENTUREThe Japanese trading house Marubeni Corp. signed an ag
CYPRUS SEEKS HIGHER PROFILE AS SHIP CENTER OFFICIALS PROMOTE ISLAND IN NY
Alan Abrams |
Cyprus rolled its big guns, including President George Vassiliou, into New York on Thursday in an ef
Maritime
ANALYSTS: CLEAN 'GAS' WON'T HIT POCKETBOOK
Arthur Gottschalk |
Cleaner gasoline is coming. The signs are everywhere, from the Senate's passage of a reformu
WALBROOK PROBLEMS SPUR INSURED SAFETY NET DEBATE
Edwin Unsworth |
The widely publicized problems of London's Walbrook Insurance Co. and H.S. Weavers (Underwriting) Ag
GUYANA IN LINE FOR RENEWED AID
Richard Lawrence |
Guyana may be about to regain its eligibility for international aid and promptly receive more than $
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
CGM PRESIDENT PESSIMISTIC ON LINER SHIPPING INDUSTRY
Janet Porter |
Claude Abraham, the president of Compagnie Generale Maritime et Financiere, painted a pessimistic vi
Maritime
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