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OIL BARTER TRADE RETURNS IN NIGERIA
Howard Schissel |
Nigeria is poised to make a major foray into oil-for-goods countertrade deals during the next few mo
Maritime
'BRIDGE LOAN' TO MEXICO WINS APPROVAL
Journal of Commerce Staff |
A group of central banks and commercial banks has agreed in principle to a short-term bridge loan to
FOREIGN HEADLINES
Wire and Staff Reports |
Overseas Borrowings SEOUL, South Korea - South Korea's government has ordered the country's
Maritime
SHIPBROKER RELISHES CHALLENGES
Robert Selwitz |
What impact could an outbreak of hoof-and-mouth disease in Eastern Europe have on the shipping busin
SENTRY AUSTRALIA REMAINING INTACT
Vincent W. Stove |
The Sentry insurance operation will continue to trade in Australia intact for at least three years d
AEGON PLANS TO ACQUIRE MONUMENTAL
Journal of Commerce Staff |
Aegon N.V. received approval from investors to acquire Monumental Corp. of Balti more, Md., for the
SOVIET SHIP SAID TO CARRY HEROIN
(Ap) |
A record haul of Afghan heroin confiscated by police here was brought into the Netherlands on a Sovi
Maritime
NOMURA PRAISES DOUBLE-STACKS
Bill Mongelluzzo |
All-water shipping services from Asia to the U.S. East Coast will find it increasingly difficult to
Maritime
AUSTRALIAN SHIPPERS HAIL SERVICE
Vincent W. Stove |
Australian shippers welcomed plans by Associated Container Transportation/ PACE Line to start a regu
Maritime
DOLLAR MOVES HIGHER IN THIN, QUIET TRADING
From Wire and Staff Reports |
The U.S. dollar inched higher again Monday in extremely quiet trading. Analys said the forei
US TIGHTENS CONTROLS ON HAZARDOUS CARGOES
Journal of Commerce Staff |
Beginning Nov. 8 the export of hazardous wastes will be brought under tight regulation. Also
Maritime
SIX VYING FOR POST AT AAPA
Craig Dunlap |
Six finalists remain in contention for the position of American Association of Port Authorities pres
Maritime
SAVANNAH S. ATLANTIC BOX LEADER
Craig Dunlap |
Strong container growth was recorded again by the ports of Wilmington, N.C., Charleston and Savannah
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Hong Kong Bank Fraud Yields 3-Year SentenceThe former general manager of failed Overseas Tru
Maritime
HAWAII'S GOVERNOR SEES NEED TO EXPAND SCOPE
(Ap) |
Hawaii needs to branch out in the Pacific Basin and use its growing expertise in trade, science and
Maritime
BARGE CALL RATES
JOC Staff |
The following are the results of Friday's St. Louis Merchants Exchange call session for barge freigh
USSR HALTS PROJECT WORK, MOVES TO BOOST TRADE
(Ap) |
The ruling Politburo has ordered a halt to three projects that have provoked fierce debates over con
Maritime
DOW INCREASES PRICE OF CAUSTIC SODA SOLUTION
Journal of Commerce Staff |
Dow Chemical U.S.A. notified customers of a $30 a ton increase in the off-list price of caustic soda
OIL RISE BULLISH FOR STOCKS
Gordon Platt |
Rising oil prices and prospects for lower interest rates could provide the proper environment for th
SUIT SEEKS TO BLOCK MERGER OF MM&P PLANS
Chris Dupin |
A group of 10 active and retired members of the International Organization of Masters, Mates and Pil
Maritime
'FANTASTIC' AMERICAN IDEA
Bill Mongelluzzo |
All-water shipping services from Asia to the U.S. East Coast will find it increasingly difficult to
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
British Airways Orders 16 747s From BoeingBritish Airways has ordered 16 advanced 747s, with
DELIVERED PRICES FLUCTUATE
Andrea Chancellor |
Delivered coal prices continue to fluctuate amid talk that a recent decision by the Organization of
OIL PRICES MOVE HIGHER ON NW EUROPEAN MART
Journal of Commerce Staff |
Oil prices crept higher throughout last week on the northwest European market in response to Iraq's
ENERGY BRIEFS
Wire and Staff Reports |
Companies Increase Postings for WTIAmoco Oil Co. raised its posted buying price for West Tex
SOVIETS, CUBANS DIVIDED ON DEBT
(Ap) |
A former Cuban official says Havana and Moscow disagree strongly over how to deal with the Caribbean
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ONTARIO WEIGHS MALL INCENTIVES
(Ap) |
In what could prove a blow to those hoping to attract a mall and amusement park to Niagara Falls, N.
Maritime
'MADE IN U.S.A.' LOGO BOOSTS CATALOG SALES 10 PERCENT
Journal of Commerce Staff |
Catalog sales increased 10 percent when advertised items carried a "Made in U.S.A." logo, compared w
Maritime
COURT ASKED TO DISMISS CHALLENGE BY NMU
Robert F. Morison |
The Justice Department asked U.S. District Court here to dismiss a challenge by the National Maritim
Maritime
GERMAN POLICE PROBE TAMIL JOURNEY
(Ap) |
Sri Lankan refugees in West Germany are closing ranks and insisting they know nothing about a scheme
Maritime
RAIL LABOR URGED TO SETTLE PANEL BIDS UNIONS ACCEPT 6.5 PERCENT WAGE HIKE
Juliana King |
The members of the six rail unions currently working under expired contracts should accept a 6.5 per
BRAZIL SPENDS TO RAISE GRAIN OUTPUT
James Bruce |
A new three-year program to channel as much as $11 billion into agricultural production is designed
NORTHWEST PIPELINE SUSPENDS GAS DELIVERY
(Ap) |
Northwest Pipeline Corp. suspended delivery of transport or spot-market gas to seven utilities servi
ENERGY BRIEFS
Wire and Staff Reports |
Triton, Worldwide Sign Merger AgreementTriton Energy Corp. and Worldwide Energy Corp. execut
GAS SUPPLIES SEEN AMPLE
Brian Lewis |
Natural gas supplies will be able to meet future U.S. requirements, George H. Lawrence, president of
HOLIDAY SLOWS TRADING, SO DOLLAR INCHES UP
Knight-Ridder Financial |
The U.S. dollar inched higher Friday in trading that was extremely lightbecause much of Euro
LONG ROAD TO CONVERSION
Tom Mcniff Jr. |
Union Mutual Life Insurance Co. policyholders will vote in late October on a plan to convert the fir
INDIA PLANS TO BOOST SOFTWARE EXPORTS
Trevor Drieberg |
Exporters of computer software from India will receive all tax benefits applicable to other exports
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
Orion Plans Block Sale Of Share in Colo. FirmOrion Capital Corp. said it decided to sell its
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