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Commentary
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ENERGY BRIEFS
From Wire and Staff Reports |
S. Korea Cites Decline In Crude Oil ImportsSEOUL, South Korea - South Korea's crude oil impo
INFLATION RISES IN MEXICO
WILLIAM A. ORME Jr. |
Mexico seems to be losing its fight against inflation this year. In March, the central bank
Maritime
WORLD ECONOMY TERMED FACING SERIOUS THREATS TO ITS STABILITY
Richard Lawrence |
The world economy is likely to keep muddling along, but potentially serious threats to its stability
PRODUCER PRICES ROSE IN MARCH
John Boyd |
Inflation at the wholesale level may be warming up a bit more than expected, but analysts said it's
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan's Trade Surplus Increased in MarchJapan posted a trade surplus of $8.085 billion in Ma
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Economists expect a further dollar drop will bring weaker U.S. and foreign econ
JAPANESE TRADE SURPLUS RISES
(Ap) |
Japan posted a trade surplus of $8.085 billion in March, bringing its surplus for fiscal 1986, which
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
ILWU Chief Recovers From Heart SurgeryWest Coast longshore leader James Herman is recovering
Maritime
DELTA FIRES 1ST BROADSIDE IN APPEAL OF LABOR CASE
Alan F. Schoedel |
Delta Steamship Lines, no longer an operating carrier, has fired the opening broadside in its appeal
Maritime
JUSTICE SUES LACHMAR PARTNERS
Robert F. Morison |
The Justice Department seeks to recover some $128 million in connection with the operation of two li
Maritime
YARD APPLIES FOR RECEIVERSHIP
(Ap) |
The financially troubled Korea Shipbuilding and Engineering Co. has applied for court receivership t
Maritime
COMPANIES SCRAMBLE FOR COVER BOND MARKET TIGHT FOR SELF-INSURERS OF WORKERS COMP
Paula L. Green |
The crunch in the $16.5 million market for workers compensation self- insurance bonds has sent many
INSURANCE BRIEFS
From Wire and Staff Reports |
Maine Flood Damage Nears $115 MillionHigh water receded as flood-weary Maine residents were
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PRECIOUS METALS OUTLOOK BRIGHTENS
Orlando Sentinel (AP) |
The U.S. Treasury's introduction last fall of the American Eagle gold coin inspired more public inte
SPOT PRODUCT PRICES
JOC Staff |
April 10, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
WEST COAST BRIEFS
From Wire and Staff Reports |
Lumber Production Up in Western StatesPORTLAND, Ore. - Lumber production rose, but orders an
Maritime
ELECTRONICS GROUP ATTACKS ACCOUNTING RULE CHANGE
(Ap) |
A proposed accounting change for stock options could cut the average high- technology company's earn
Maritime
ILA CHIEFS MEETING ON CANADIAN PLAN
Leo Ryan |
Executives of longshoremen locals in eastern Canada are meeting today in Saint John, New Brunswick,
Maritime
WEEK AHEAD
From Wire and Staff Reports |
Figures Coming Out On Industrial OutputThe Federal Reserve releases its monthly figures on i
ITEL CHIEF SAYS FIRM WANTS XTRA
John Davies |
The president of Itel Container Corp., which last month became the world's largest lessor of ocean s
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SOVIETS BOOST IMPORTS OF GRAIN
(Ap) |
The Soviet Union surprised Agriculture Department experts by once again boosting grain imports, sugg
APRIL BRENT CRUDE REACHES $19.50 ON SHORT COVERING
Bruce Barnard |
North Sea oil prices surged past the $19 a barrel mark last week as short covering by traders propel
LENDING OUTLOOK GLOOMY FOR IDB
Richard Lawrence |
Prospects for expanded Inter-American Development Bank lending to Latin America and the Caribbean ar
VENEZUELA SIGNS DEVELOPMENT AGREEMENT
Journal of Commerce Staff |
Carbozulia, a subsidiary of Petroleos de Venezuela SA, signed a preliminary development agreement wi
US CHIP ORDERS SURGE
John Davies |
Orders for U.S.-made semiconductors broke through the $1 billion level in March, creating optimism t
Maritime
EUROPEAN MILLS PRESS FOR PRICE CUTS
Journal of Commerce Staff |
The coal contract year in Europe is under way with steel mills pressing coal vendors to lower their
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
LINE SEEKS CHAPTER 11 PROTECTION
Gregory S. Johnson |
Flagship Container Line, a small carrier operating in the U.S. Gulf-Central American trade, filed fo
Maritime
SENATOR LAUNCHES FIRST SAILING IN ITS ROUND-THE-WORLD SERVICE
Bruce Barnard |
Senator Line launched its ambitious round-the-world service Friday night as the containership German
CALFED'S MOVE INTO P/C SEEN HAVING PROBLEMS
C.A. Carpenter |
CalFed Inc. is moving into property and casualty insurance in a way that history shows is risky in m
FINANCIAL BRIEFS
From Wire and Staff Reports |
Tokyo Mart Weighs More Foreign SeatsTOKYO - The Tokyo Stock Exchange may increase membership
COST OF CREDIT
JOC Staff |
Fri., April 10,1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
MASS. GASOLINE PRICES CONTINUE RISING
Journal of Commerce Special |
Massachusetts gasoline prices continued their average 1 cent a gallon-a-month upward spiral, accordi
ENERGY BRIEFS
From Wire and Staff Reports |
Statoil to Operate Three Dutch BlocksOSLO, Norway - Statoil was selected as operator for thr
GREEK ECONOMIC 'SHIP' SEEN BOUND FOR DISASTER
Victor Walker |
Greece is sinking rapidly toward inclusion in the category of less developed countries, and faces th
Maritime
LAX GROWTH HIGHLIGHTS NEED FOR EXPANSION
Bill Mongelluzzo |
Record passenger and cargo throughput at Los Angeles International Airport in 1986 demonstrates once
CONTROLLER ERRORS SOARED IN 1ST QUARTER
(Ap) |
Air traffic control miscues that resulted in planes coming closer than federal regulations permit so
MARITIME CALENDAR
JOC Staff |
The Marine Society of the City of New York. 217th annual dinner. April 13 at the Plaza Hotel, New Y
Maritime
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