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Platts Containers Update
BRITISH SHIPBUILDERS LANDS CHINESE ORDER
Bruce Barnard |
State-owned British Shipbuilders announced Monday it had won a contract for two large containerships
Maritime
VT. SLAMS BRAKES ON AUTO RATES
James Nolan |
The free market for commercial auto insurance is not working in Vermont, state regulators said as th
INSURANCE BRIEFS
From Wire and Staff Reports |
Coseco Details Plans Of Stock OfferingCARMEL, Ind. - Conseco Inc. said it expects to offer t
GRAIN EXPORTS RATES REMAIN EVEN
(Ap) |
Although there is some pickup in U.S. grain exports and domestic use, an Agriculture Department anal
PORTUGUESE AIRLINE SELECTS GE ENGINES
JOC Staff |
General Electric Co. said Tap Air Portugal, the Portugese flag carrier airline, has selected GE CF6-
DOME PETROLEUM SUSPENDS TALKS WITH TRANSCANADA
(Ap) |
Officials of deeply indebted Dome Petroleum Ltd. cut off negotiations with TransCanada Pipelines aft
LOSS OF SUBMARINERS FOCUS OF NAVY PROBE
Journal of Commerce Special |
The Navy is investigating the death of one, and presumed loss of a second, submariner swept overboar
Maritime
IBM'S NET FALLS 22.8 PERCENT IN QUARTER
Journal of Commerce Staff |
International Business Machines Corp. reported a 5.5 percent increase in worldwide gross income duri
HUTTON APPOINTS PERAS SENIOR VP
Journal of Commerce Staff |
Steven M. Peras, formerly vice president in charge of all spot trading for Irving Trust Co., was nam
SKAARUP OFFICIAL BULLISH ON US MARITIME ROLE
Mark Magnier |
The breakup of national flags and the proliferation of open shipping registries provide an opportuni
Maritime
HONG KONG'S EXPORTS TO US FELL IN FEBRUARY
P.T. Bangsberg |
Domestic exports to the United States fell in February to HK$3.6 billion (US$460 million) from HK$5.
Maritime
LIABILITY, WORKERS COMP RATES EXPECTED TO RISE
Paula L. Green |
General liability and workers compensation insurance needs are the top two cost worries of risk mana
DOLLAR EASES BEFORE TRADE DATA
Knight-Ridder Financial |
The U.S. dollar was slightly lower Monday while traders took defensive position prior to today's rep
PITTSTON BROADENS COAL BASE COKING COAL EXPORTS ARE A LESS IMPORTANT PART OF REVENUE
Tim Sansbury |
Wall Street coal industry analysts are a dying breed. The few who remain have two things to
SPOT PRODUCT PRICES
JOC Staff |
April 13, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
TANKER ACTIVITY BACKS OPEC OUTPUT REPORTS
Journal of Commerce Staff |
The Persian Gulf tanker market has come to life in the past week after three months in the doldrums,
GASOLINE PRICES CONTINUE TO RISE
(Ap) |
The average retail price of gasoline was 6 cents higher this month than in April of last year, and a
SOUTH AFRICA: ZIMBABWE DOESN'T NEED WARPLANES
(Ap) |
South African Defense Minister Gen. Magnus Malan said Monday neighboring Zimbabwe does not need adva
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Consumer Confidence In UK IncreasesConsumer confidence in the United Kingdom remains at cons
Maritime
EUROPEAN PASSENGER TRAFFIC JUMPED 11 PERCENT IN FEBRUARY
(Ap) |
The Association of European Airlines reported that passenger traffic increased 11 percent in Februar
MERRILL LYNCH EXPECTS SALES OF TRUCKS TO RISE THROUGH '88
Michael S. Lelyveld |
Modest gains in sales of medium and heavy trucks this year will set the stage for stronger sales in
INTEL FIRST TO SHAKE LOSSES
Christopher H. Schmitt |
Intel Corp. has become the first big Silicon Valley semiconductor maker to return to profitability,
Maritime
CALIFORNIA OPENS UK TRADE OFFICE
(Ap) |
California Gov. George Deukmejian, vowing to make his home state a "world player" in trade, Monday o
Maritime
LUKENS RAISING PRICE FOR CARBON STEEL PLATE
Journal of Commerce Staff |
The Lukens Steel Co., the largest subsidiary of Lukens Inc.,said it will increase the base price of
Maritime
US GOVERNORS TARGET TRADE WITH EUROPE
(Ap) |
U.S. governors are descending on London and other capitals on the Continent in increasing numbers, t
Maritime
MEXICO'S PROBLEMS BATTER MONTERREY
(Ap) |
Outdoor taco stands are proliferating, and more people than ever are selling flowers and fruit on st
Maritime
JAPAN SEEKS STRONGER EC TIES
(Ap) |
Foreign minister Tadashi Kuranari called Monday for stronger ties between the European Community and
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Signetics Corp. has spent the past two years getting a stem-to-stern overhaul.
STRIKES AT ROTTERDAM EXPECTED TO CONTINUE
Knight-Ridder Financial |
Selective lightning strikes taking place in the port of Rotterdam's grain sector are set to continue
Maritime
CHINA, PORTUGAL SIGN MACAO PACT
(Ap) |
China and Portugal signed an agreement Monday that will return Macao to Chinese sovereignty on Dec.
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COFFEE PRICE OUTLOOK WEAK WITHOUT QUOTAS
Knight-Ridder Financial |
International Coffee Organization export quotas are essential to support coffee prices, currently ab
VANCOUVER AIRPORT ON BLOCK
Mark Wilson |
The Canadian government is offering the nation's second most profitable airport for sale or lease, b
SWISSAIR SYSTEM TO AID SHIPPERS WITH CARGOES
Edwin Unsworth |
Swissair plans to introduce this summer what it believes is the first computerized airline system fo
BRIGHT FUTURE IN US FOR LEATHER FURNITURE
Cristina Lee |
Foreign suppliers for the U.S. leather furniture market can count on a bright future as the construc
Maritime
CLEAN AIR SANCTIONS WORRY CALIF. OFFICIALS
(Ap) |
A federal moratorium on industrial growth because of the failure of states to meet Clean Air Act sta
Maritime
EC ENTRY ALTERS SPANISH TRADE
Howard Schissel |
Spain's entry into the European Community last year has produced a profoundshift in the coun
GREECE, SOVIET UNION PLAN ALUMINA FACTORY
(Ap) |
Greece and the Soviet Union have signed final agreements for construction of a $300 million alumina
Maritime
W. GERMAN GROWTH FORECAST TO SLOW DOWN
Jess Lukomski |
West Germany's economy will slow down markedly in 1987 because of the drag of the deutsche mark's st
Maritime
STOCKS OF TEXACO, PENNZOIL DECLINE
Journal of Commerce Staff |
The stocks of Texaco Inc. and Pennzoil Co. both fell sharply Monday, as investors sold heavily in re
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