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CHARTER PARTY FAILURES HURTING INDUSTRY PROFITS
Journal of Commerce Staff |
Shipowners and cargo owners are losing large sums of money because of the growing incidence of chart
Maritime
ALLEGED SECURITY BREACH LEADS TO FINE FOR UTILITY
(Ap) |
A power company has been slapped with a $75,000 penalty for its failure to adequately guard an open
UK'S OCEAN GROUP POSTS HIGHER PROFITS
Janet Porter |
Ocean Transport & Trading PLC, the British shipping and transportation group, reported an increase i
Maritime
WORLD TODAY
From Wire and Staff Reports |
US Navy Helicopter Crashes in Persian GulfA Navy SH-3G King helicopter on a routine ferry fl
TEXTILE IMPORT BILL CLEARS SENATE UNIT
Richard Lawrence |
The Senate Finance Committee cleared the way for full Senate action on a textile-footwear import quo
DEMOCRATS CLUSTER FOR WIDE-OPEN CAMPAIGN
John Boyd |
If the same rules that determine success for business can apply to election campaigns, location may
OIL COMMISSION DEALS WITH ISSUES, ANSWERS
Dallas Morning News |
In the early 1930s, the U.S. oil industry faced a crisis. The discovery of numerous large oil fields
HONDO GAS & OIL TO MERGE WITH PAULEY PETROLEUM
(Ap) |
A New Mexico concern half-owned by former Atlantic Richfield Co. Chairman Robert O. Anderson, has ag
FINANCIAL INSTITUTIONS HOLD MONOPOLY ON DEBT SWAPS
This report was prepared by James Bruce, Journal of Commerce |
Until the Brazilian central bank announces new, broader rules, financial institutions have the only
STRUNK UNLIKELY TO WIN MINE SAFETY APPOINTMENT
(Ap) |
President Reagan's nominee to become the chief enforcer of the nation's mine safety laws is unlikely
CONN. UTILITY PLANS GAS SYSTEM SPIN-OFF
Journal of Commerce Staff |
Northeast Utilities will try to spin off its natural gas distribution system as a way to end a 20-ye
UTILITY REPORTS RISE IN EARNINGS
Journal of Commerce Staff |
General Public Utilities Corp. reported second quarter earnings of $51.2 million or 82 cents a share
SOVIET UNION PLANS MORE PROCEEDINGS ON CHERNOBYL
(Ap) |
The Soviet Union plans to conduct further judicial proceedings to determine responsibility for desig
HOUSE PANEL VOTES FOREIGN AID BILL
(Ap) |
A House of Representatives panel has approved a $13.2 billion foreign aid package for fiscal 1988, s
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Massachusetts Studies Referendum ProposalThe Massachusetts Attorney General's department is
BALTIMORE UTILITY SELLS STOCK
Journal of Commerce Staff |
Baltimore Gas and Electric Co. has sold 500,000 shares of 6.95 percent cumulative preference stock t
LOCK CLOSING WON'T HALT COAL EXPORTS FROM MOBILE
Tim Sansbury |
Damage to a lock at Demopolis, Ala., will halt barging to Mobile for two to three weeks but won't cu
TAIWANESE GO SHOPPING IN TEXAS
(Ap) |
Gov. Bill Clements told a trade representative from Taiwan that the state of Texas welcomes the chan
Maritime
NYC EXPORT PROGRAM AIDS SALES OF 55 FIRMS
Journal of Commerce Staff |
An export development program initiated by New York City in April 1986 has produced over $1.7 millio
Maritime
SWEETENER GROUP URGES ACTION ON SUBSIDIES
Fort Lauderdale News & Sun-Sentinel |
The U.S. Sweetener Producers Group, including Florida sugar cane growers, filed a formal request urg
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
LABOR CONDITIONS FOR ALIEN WORKERS LIKE '18TH CENTURY'
Mark Magnier |
Alien workers employed in the Northern Mariana Island textile industry often are forced to work long
SWEDEN PROBES CONSTRUCTION OF BOATS SOLD TO IRAN
(Ap) |
Sweden is investigating whether cabin cruisers sold to Iran four years ago were built to carry weapo
Maritime
DATACARD, NCS REACH AGREEMENT
Journal of Commerce Staff |
DataCard Corp. and National Computer Systems Inc. jointly announced they signed a definitive standst
CONRAIL EXPECTS MODERATE GROWTH IN SECOND HALF
(Ap) |
Executives expect moderate growth for Conrail during the second half of 1987 although automotive shi
Rail News
RAIL BRIEFS
From Wire and Staff Reports |
US Leasing Expanding Its Fleet of RailcarsUnited States Leasing International Inc. said that
Rail News
CHINA VOWS LOANS FOR BANGLADESH
(Ap) |
China will give more than $110 million in loans to Bangladesh for bridge construction and the purcha
SUMMER TRAVEL TAXES CHINA'S TRAINS
(Ap) |
China's trains have carried at least 3.5 million passengers more than usual in July, and officials h
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 18 total piggyback freight hauled on the nation's major railroads equaled 99
Rail News
AUSTRALIAN GROUP BOOSTS EXPORT OF RAIL PRODUCTS
Vincent W. Stove |
The Australian Railway Industry Committee is helping to boost exports of Australian railroad product
Rail News
DUTCH REFUSE US REQUEST FOR VESSELS
(Ap) |
The Netherlands has refused an informal U.S. government request to deploy Dutch navy minehunters in
Maritime
CONVOY AWAITS BRIDGETON LOADING
(Ap) |
The Pentagon will increase minesweeping operations in the Persian Gulf next month, but in the meanti
Maritime
SEAMEN ON UNESCORTED VESSELS FEAR FUTURE
Chicago Tribune (AP) |
The Iranian missile, traveling at 280 meters a second, hit the Panamanian tanker amidships. It slice
Maritime
IRANIAN DEFENSE FORCES REPORTEDLY PUT TO TEST
(Ap) |
Iran conducted maneuvers in the Persian Gulf this month with 20 naval vessels, combat aircraft and a
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
MTL Reported Loss Of $526,000 for PeriodSEACUCUS, N.J. - Marine Transport Lines, which opera
Maritime
WATER PISTOL PUTS NJ MAN IN JAIL
(Ap) |
A motorist police said squirted a water pistol at another driver's car during an argument at a traff
Trucking News
FRENCH SHIPS LEAVE PORT FOR MIDEAST
(Ap) |
A French naval squadron left port Thursday to sail for the Middle East in what French officials call
Maritime
UAW PUSHES GM ON WORKER LEVELS
(Ap) |
The United Auto Workers has told General Motors Corp. it wants no further cuts in the number of GM w
INTERAND CHALKS UP ELECTRONIC DESK SALES TO JAPANESE GIANT
Andrea Chancellor |
John Madden's CBS Sports chalkboard is going to Japan. Interand Corp., creator of the telest
SINGAPORE PORT FIGHTS OFF RIVALS
Joyce Quek |
The state-run Port of Singapore Authority, may be reticent about its achievements, but the country's
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