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THE MOVE
Staff Report |
Nerco Unit Names AdamsPresidentPORTLAND, Ore. - Nerco Inc. said Ramesh Malhotra res
SECURITY PACIFIC BIDS FOR RAINIER
(Ap) |
Pacific Rim trade and business interests will have a major new West Coast- based bank to deal with i
JARDINE REORGANIZATION TAKES SHAPE
P.T. Bangsberg |
The final shape of the reorganized Jardine Matheson trading and property empire is clear with the di
OVERLAND EXPRESS NAMES EYLER
Journal of Commerce Staff |
Overland Express Inc. said Gary L. Eyler will join the company as chairman and chief executive offic
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The annual budget targets are gaining support. Page 2AThe Big Three auto sales
BAKER WELCOMES MOVES ON CURRENCY MARKETS
Richard Lawrence |
Treasury Secretary James A. Baker III said he is pleased by the initial reaction in currency markets
WORLD TODAY
From Wire and Staff Reports |
Tax Reform in Bonn BONN, West Germany - The three parties forming the West German coalition
PLASTICS CORNER
Journal of Commerce Staff |
BASF to Build Plant In Wyandotte, Mich.BASF Corp. is strengthening its U.S. investment in en
ENERGY BRIEFS
From Wire and Staff Reports |
Dravo Wins Contract For Cogeneration PlantDravo Engineering Cos. was awarded a contract to e
INDIAN PACT GOES TO ITALY'S ANSALDO
Journal of Commerce Special |
An Italian engineering group received a contract to build two 500-megawatt coal-fired boilers for an
NY BILL WOULD SHAKE UP POWER ALLOCATION SYSTEM
(Ap) |
Allocations of the state's cheap hydroelectric power are equivalent to tax breaks for private indus
CHEMICAL MARKETS
Journal of Commerce Staff |
Peroxydicarbonate Prices Rise The Lucidol Division of Pennwalt Corp. announced it will incre
NYSEG SEEKS 4 PERCENT RATE HIKE
(Ap) |
New York State Electric & Gas Corp. applied for a 4 percent rate increase to help pay the company's
FLA. UTILITY AWARDS PACT TO PYRO
Journal of Commerce Staff |
Seminole Electric Cooperative Inc., Tampa, Fla., awarded a spot market contract to Pyro Mining Co.
PROTOTYPE SAFETY VALVE PASSES LEAK-RATE TEST
(Ap) |
A prototype of malfunctioning safety valves at the Nine Mile Point 2 nuclear power plant has passed
AUSTRALIA PRESSES JAPAN TO RESIST US SALES PITCH
Vincent W. Stove |
Australia is stepping up pressure on Japan to resist demands to import more coal from the United Sta
LUBRIZOL POSTS RISE IN EARNINGS
Journal of Commerce Staff |
The Lubrizol Corp. reported fourth quarter net income of $13.4 million, or 34 cents a share, up from
ICC PROPOSALS BACKED RAILS SEEN CLOSER TO REVENUE ADEQUACY
David M. Cawthorne |
Large railroads will find themselves edging toward Interstate CommerceCommission revenue ade
TRAFFIC BRIEFS
From Wire and Staff Reports |
Truckers Protest Rome Speed LimitsTruckers caused widespread traffic jams when they parked t
CHINA PLANS TO BOOST PETROCHEMICAL OUTPUT
P.T. Bangsberg |
China is accelerating its push into petrochemicals with two recently announced projects worth a tota
'DEATH RAILWAY' PLAN WORRIES JAPAN
(Ap) |
Thailand has asked a Japanese firm to study the possibility of restoring the infamous Death Railway,
PLAN MEETS CRITICISM IN NETHERLANDS
(Ap) |
A Thai plan to restore the Death Railway," during whose World War II construction by the Japanese at
MANAGERS RAPPED BY SOVIET LABOR
(Ap) |
Delegates to the Soviet Trade Union Congress said their country's labor organizations are not doing
Maritime
GORBACHEV'S POLICY OF OPENNESS CHEERED BY POLISH LEADERS
(Ap) |
Poland, the black sheep of the Soviet bloc since the crackdown on the Solidarity trade union movemen
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
UN Efficiency Eyed TOKYO - The United Nations must become more efficient and more useful, th
Maritime
IRAN SETS TERMS OF LOAN
(Ap) |
Medhi Navab, Iran's vice minister for economic affairs, arrived in Paris this week to resume negotia
Maritime
BAKER DISCOUNTS THREAT OF A 'DEBTOR CARTEL'
Richard Lawrence |
Treasury Secretary James Baker took a relatively optimistic view of Brazil's decision to stop paying
Maritime
LONDON'S PRESS WAR BOOMS
(Ap) |
The city's press wars began a new round with the announcement that two new dailies would appear, cre
Maritime
CHINA'S FOREIGN EXCHANGE RESERVES TUMBLE
Jasper Becker |
Foreign exchange reserves controlled by China's treasury have declined by about one-third to $1.5 bi
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Tentative Date Set For Seaway ReopeningApril 1 has been set as the target date for reopening
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The annual budget targets are gaining support. Page 2AThe Big Three auto sales
Maritime
OSG REPORTS INCREASE IN PROFITS
Journal of Commerce Staff |
Overseas Shipholding Group Inc. reported fourth quarter net income rose to $8.2 million, or 32 cents
Maritime
UNSCRUPULOUS AGENTS PREY ON SEAFARERS
(Ap) |
Mario, a 24-year-old hotel worker in the Philippines hoping to advance in the trade, was delighted w
Maritime
ADMINISTRATION, CONGRESS AGREE ON EXPORT CURBS
Helen Ericson |
Congress and the Reagan administration appear to be traveling down the same road toward liberalizing
BAD WEATHER THREATENS THREE SHIPS IN ATLANTIC
(Ap) |
the 19-member crew of a weather-battered Filipino fishing vessel abandoned ship Tuesday morning abou
Maritime
MARINE CASUALTIES
JOC Staff |
The Spanish roll-on roll-off vessel Arroyofrio Uno, inbound to the Dartford International Ferry Term
Maritime
TANKER RATES PLUNGE IN PERSIAN GULF
Bruce Barnard |
Freight rates for supertankers in the Persian Gulf have crashed by 25 percent in the past two weeks
Maritime
BARGE CRUNCH FORECAST TO CONTINUE
Kirby V. Freeman |
Profitability for barge companies in the Upper Mississippi River area will remain weak, at least for
Maritime
FORD BACKS LEGISLATION OVER BAN ON MOST-FAVORED-SHIPPER CLAUSES
Robert F. Morison |
Ford Motor Co. says legislation, and not an outright ban, would satisfy ocean carriers' concerns abo
Maritime
USSR PURCHASES OF RAPESEED EYED
Knight-Ridder Financial |
The Soviet Union has diverted from its 15 year-old practice of importing only soybeans to fill short
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