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Platts Containers Update
SEA CONTAINERS TO PAY GENSTAR $5 MILLION COMPENSATION FOR SEVERED DEAL
Edwin Unsworth |
Sea Containers Ltd. announced Tuesday that the cost of breaking agreements to sell its container ass
Maritime
BRITAIN TO LIFT BAN ON S. AFRICA INVESTMENT
From Wire Reports |
Britain said Tuesday it would unilaterally lift its ban on new investment in South Africa after fail
STUDY SAYS WASHINGTON STILL RELIES ON BOEING STATE OFFICIAL REJECTS FINDING
John Davies |
There's a saying that anyone who believes Boeing Co. isn't critical to Washington state's economy ne
FREIGHT RATE FUTURES
JOC Staff |
Feb. 20, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
EXPORTS BOLSTER GREAT LAKES REGION'S PROSPECTS
Kevin Commins |
When the United States fell into a recession in the early 1980s, no regionwent down harder t
US, PRAGUE BEGIN WORK ON BILATERAL TRADE ACCORD
Richard Lawrence |
The United States and Czechoslovakia Tuesday began negotiations toward a bilateral trade accord that
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JAPAN BUILDERS EXPECT ORDERS TO INCREASE 16 PERCENTMajor Japanese construction firms expect
SPOT PRODUCT PRICES
JOC Staff |
Feb. 20, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
S. KOREA PREDICTS RISE IN ELECTRONICS EXPORTS
Robin Bulman |
Exports by this nation's electronics industry should grow 9.6 percent this year, to $18 billion, acc
ENERGY BRIEFS
Wire and Staff Reports |
CFTC DELAYS HEARING ON NYMEX GAS FUTURESThe Commodity Futures Trading Commission postponed i
CSXT RECALLS RAILCAR WORKERS
Journal of Commerce Staff |
CSX Transportation Inc. is recalling 1,000 furloughed employees on Feb. 26, at its freight car repai
NY FINANCE PLAN SHAKES MASS. PORT AUTHORITY
Michael S. Lelyveld |
The Massachusetts Port Authority is always happy about taking business awayfrom New York, bu
Maritime
LAWYER DIES
Journal of Commerce Staff |
William J. McDonald, an attorney who played a major role in the formation of Consolidated Rail Corp.
COMMODITY BRIEFS
From Wire and Staff Reports |
EC OILSEED CRUSHINGS UP 6 PERCENT, OIL WORLD SAYSROTTERDAM, Netherlands - EC crushing of soy
ACCORD REACHED ON JAPAN JET FIGHTER
(Reuter) |
Mitsubishi Heavy Industries and General Dynamics Corp., maker of the widely used F-16 warplane, have
Maritime
GORDON PLATT'S CREDIT OUTLOOK
Gordon Platt |
RISING INTEREST RATES OVERSEAS and signs of a rebound in U.S. economic growth have persuaded the Fed
CHEMICAL BRIEFS
From Wire and Staff Reports |
JAPANESE FIRM ENTERS EAST GERMAN MARKETKYODO, Japan - Kao Corp., a major chemical company, w
CHANCE OF MAJOR CALIF. QUAKE IN 5 YEARS HIGH, EXPERT SAYS
Knight-Ridder Newspapers |
The chance of a major San Francisco Bay Area earthquake is twice as high as previously thought - abo
INSURANCE BRIEFS
From Wire and Staff Reports |
AMBASE RETAINS FIRM TO SELL COVER UNITSAmBase Corp. has retained First Boston Corp. to offer
EC FARM POLICY CHANGES SEEN LIKELY
Knight-Ridder Financial |
EC internal policy changes and growing external pressures will radically transform the shape of the
FOES HOPE TO SHORT-CIRCUIT HYDRO-QUEBEC EXPANSION
(Ap) |
Hydro-Quebec's plan to expand hydroelectric production and sell power to the United States will enda
ALL NIPPON ORGANIZING DOMESTIC CARGO SERVICE
Journal of Commerce Staff |
Executives of All Nippon Airways Co. announced an agreement Tuesday to create - along with other Jap
CHINA REPORTS SLOWDOWN IN ITS ECONOMIC GROWTH DATA SHOW DISCREPANCIES
P.T. Bangsberg |
Gross national product in China last year increased just under 4 percent over 1988 to 1.56 trillion
BRAZIL'S SEAMEN DUE BACK TODAY COURT TO RULE ON STRIKE ISSUE
James Bruce |
Brazilian shipboard workers are expected to return to their jobs today after a federal labor court i
Maritime
THE ECONOMY
Wire and Staff Reports |
FED COMMITTEE ISSUES GNP, PRICE FORECASTSThe Federal Open Market Committee Tuesday said U.S.
COPPER PRICES RISE ON SUPPLY FEARS
Knight-Ridder Financial |
Copper prices were higher Tuesday reflecting solid demand from the Japanese market and from merchant
FMC REJECTS BID TO DECLARE DISCOUNT PROVISIONS ILLEGAL
Marie Prat |
The Federal Maritime Commission rejected an effort by two ocean carriers in the Australia-New Zealan
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
EUROTUNNEL, CONTRACTOR NAME PROJECT MANAGEREurotunnel, the Anglo-French group that owns and
RHODE ISLANDERS SEEK TO REFORM AUTO INSURANCE
TOM McNIFF Jr. |
Auto insurance reform is in the wind in Rhode Island - if lawyer-legislators don't scuttle it.
SPREAD OF WHEAT CROP PEST SPURS INCREASE IN RESEARCH
Carol Felts |
Although there is no way to know what the Russian wheat aphid population will be in the United State
BRAZILIAN FIRM PLANS TO DOUBLE SOYOIL CAPACITY
James Bruce |
Brazil's largest vegetable oils processing company, Ceval Agroindustrial SA,plans to invest
ICC DEFERS ACTION ON BID TO REVOKE RATE BUREAU IMMUNITY
Leo Abruzzese |
The Interstate Commerce Commission deferred action Tuesday on a Justice Department request to discip
SHIPPER REPORT
Wire and Staff Reports |
CATERPILLAR EXPANDS DISTRIBUTION SERVICEPEORIA, Ill. - Caterpillar Logistics Services Inc. h
Transport, Trade and Regulation News
MARITIME BRIEFS
From Wire and Staff Reports |
TEMPLE EXTENDS OFFER FOR SEA CONTAINERSTemple Holdings Ltd. extended until March 2 the expir
Maritime
PPG GLASS PLANT OPERATIONAL IN VENEZUELA
Journal of Commerce Staff |
PPG Industries Inc. of Pittsburgh and the Sudamtex Group of Caracas, Venezuela, reported that a join
DECEMBER'S DECLINE IN TRADE GAP BUOYS PROSPECTS FOR THIS YEAR
Richard Lawrence |
A surprisingly small U.S. trade deficit in December has buoyed hopes for an improved U.S. trade bala
ENERGY BRIEFS
Wire and Staff Reports |
ENRON UNIT TO SUPPLY SOUTHERN CALIFORNIA GASEnron Gas Marketing Inc., a unit of Enron Corp.,
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
EVA POWDER National Starch and Chemical Co. will raise prices for redispersible ethylene vin
CLEAN AIR BILL WORRIES PORT, MARITIME INTERESTS EQUIPMENT PRICE TAG HIGH
WILLIAM DiBENEDETTO |
An obscure part of the clean air debate that is clouded with terms like vapor control, cold-ironing,
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