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INDIA FACES ROCKY ROAD TO 21ST CENTURY
(Ap) |
Prime Minister Rajiv Gandhi's oft-repeated goal is to prepare India and its economy for the 21st cen
Maritime
INVESTMENT BOOMS IN HONG KONG
(Ap) |
A dramatic rise in foreign industrial investments in Hong Kong is a sign of confidence in the econom
Maritime
HONGKONG & SHANGHAI BANK REPORTS RECORD PROFITS
P.T. Bangsberg |
Hongkong & Shanghai Banking Corp. announced record profits of a fraction above HK$3 billion (US$385
Maritime
HONGKONG & SHANGHAI BANK REPORTS RECORD PROFITS
P.T. Bangsberg |
Hongkong & Shanghai Banking Corp. announced record profits of a fraction above HK$3 billion (US$385
Maritime
MINERS CONTINUE STRIKE AGAINST SPAIN'S HUNOSA
(Ap) |
Thousands of coal miners stayed off the job and others picketed coal mines Tuesday to protest job cu
ANALYST OPTIMISTIC ON TANKER MARKET
Chris Dupin |
The stage is set for a long-term recovery in the tanker market, according to a shipping industry ana
Maritime
HOEGH FINDS SMOOTH SAILING IN DIRECT SERVICE ROUTING
Robert Selwitz |
For Erik Falkenberg, the most challenging routing his line has faced was navigating through serious
Maritime
INDIA OKS IMO RULES ON TRAINING
Neel Patri |
The Indian Parliament approved India's acceptance of the International Maritime Organization's Conve
Maritime
ARCO, SIEMENS IN JOINT VENTURE
Journal of Commerce Staff |
An Atlantic Richfield Co. subsidiary signed what it calls "a far-reaching agreement" with a unit of
MARLIN MARINE MOVES MD. FACILITY
Journal of Commerce Staff |
Marlin Marine Services Inc. has moved its Baltimore receiving terminal to larger quarters. Robert H.
Maritime
SAUDI ARABIA HALTS TALKS ON OIL STORAGE DEPOTS
Knight-Ridder Financial |
Saudi Arabia suspended negotiations for the construction of under ground oil storage depots with Swe
OOCL FIXES N. AMERICAN ARRIVALS
John Davies |
Orient Overseas Container Line this weekend will begin fixed-day arrivals at its five ports in the U
Maritime
FLA. ILA REJECTS SPLIT WORK PLAN
Craig Dunlap |
The president of a non-union stevedoring and agency company at Port Everglades said he would be will
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
US Ethylene Demand Forecast to Grow 2.6 percentU.S. ethylene demand is forecast to grow at a
JARDINE INKS PACT WITH NORTON LILLY
Journal of Commerce Staff |
Jardine Shipping Agencies and Norton Lilly International announced the signing of a reciprocal agree
Maritime
BAHAMA OIL GIVES SMIT UNIT CONTRACT
Journal of Commerce Staff |
Bahama Oil Refinery Co. awarded a contract to Nieuwe Rotterdamse Sleepdienst to handle oil tankers a
Maritime
SPEED LIMIT FATE IN HANDS OF HOUSE
David M. Cawthorne |
The fate of the 55 mile per hour speed limit is in the hands of the House of Representatives under t
MONTEDISON ACQUIRES ARCO BIOTECH LAB
Journal of Commerce Staff |
Montedison SpA has acquired a biotechnology laboratory from Atlantic Richfield Co. to develop new st
MACK: RENAULT STILL COMMITTED
Michael S. Lelyveld |
Officials of Mack Trucks Inc. said the decision by the Renault group to sell its share of American M
MARITIME BRIEFS
From Wire and Staff Reports |
Mexican Containership Officially Declared LostThe Mexican-flag containership Tuxpan, missing
SEATTLE LABOR RALLY SET IBU-CROWLEY DISPUTE TO BE REVIEWED
Gloria Joseph |
When Inlandboatmen's Union members gather at noon Thursday for a rally in Seattle, they'll be protes
Maritime
UK TO CHOOSE AIRLINE FOR DOCKLANDS AIRPORT
Edwin Unsworth |
The Civil Aviation Authority (CAA) is hearing applications this week from two airlines wanting to be
AIR TRAFFIC CONTROLLERS CLAIM UNFAIR DISMISSAL
Tim Neale |
A House subcommittee is looking into charges that the Federal Aviation Administration unfairly dismi
CORRECTION
JOC Staff |
Piedmont Aviation Inc. had revenue of $1.87 billion and earnings of $72.4 million in 1986. USAir Gro
DRUG TESTING BILL FACES MAJOR FIGHT
David M. Cawthorne |
Legislation calling for the testing of railroad, truck, bus and airline workers for alcohol or drug
PLANE MAKES EMERGENCY TOUCHDOWN
(Ap) |
A twin-engine plane from Toronto with a cargo of gold bricks made an emergency touchdown without its
PAN AM CHAIRMAN TAKES 20 PERCENT SALARY 'CUT'
David Lyons |
To demonstrate the need for across-the-board belt-tightening at his beleagured airline, Pan Am Chair
THREE DECADES CHANGE CARGO MANAGER'S JOB
Richard Malkin |
The year is 1955. The only experience the young man can point to is his service as an apprentice at
AVIATION BRIEFS
From Wire and Staff Reports |
Gull Seeks Protection Under Chapter 11 LawsBOSTON - Gull Air, on the heels of an antitrust s
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
WHY JAPAN MAY NEED MORE PRODDING
Rose A. Horowitz |
Japan may need a serious blow from the United States to make it respond to the intense frustration o
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ON THE MOVE
JOC Staff |
AIG Taps C.M. ReidTo Head UnitAmerican International Group Inc. appointed Charles M.
POLAND SEEKS US GRAIN CREDITS
Richard Lawrence |
Poland would more than triple its U.S. grains purchases if it received U.S. government credits, a Po
NYSE NOMINATING UNIT NAMES THREE TO BOARD
Journal of Commerce Staff |
The 1987 nominating committee of the New York Stock Exchange named three new candidates for election
TOKYO BANKERS SAY US RULES DISCOURAGE FOREIGN INROADS
A.E. Cullison |
U.S. monetary authorities are delaying approval of applications of foreign banking institutions plan
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FINANCIAL BRIEFS
From Wire and Staff Reports |
Nations on Baker List Fall Deeper Into DebtFinancial conditions of 15 heavily indebted count
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe nominating committee of the New York Stock Exchange named three new candidat
STEEL PRODUCTION UP 10 PERCENT IN WEEK
(Ap) |
Steel production rose to 1.570 million tons in the week ended March 7, an increase of 10.1 percent f
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