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Platts Containers Update
MONTREAL SETS CONTAINER RECORD NEARLY 5 MILLION METRIC TONS
Leo Ryan |
The port of Montreal reached a new milestone in 1986, handling nearly 5 million metric tons of conta
Maritime
US URGED TO SIGN INTERNATIONAL COFFEE PACT
JOC Staff |
Denis Bra Kanon, Ivory Coast agriculture minister, opened an extraordinary session of the Inter-Afri
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Japanese Official in US HONG KONG - Hong Kong Trade and Industry Secretary Eric Ho was sched
Maritime
FOCUS ON IMPORTS LA SUES 23 VENDORS OF MEXICAN CHEESE
Bill Mongelluzzo |
Importers of Mexican cheese are on notice that Southern California health authorities will strictly
Maritime
MITSUBISHI ACCEPTS FIXED $17.52 PRICE FOR SAUDI CRUDE
Journal of Commerce Special |
Japan's Mitsubishi Corp. will conditionally comply with a Saudi Arabian request to accept a fixed o
BRAZIL ADDS TO LIST OF BANNED IMPORTS
James Bruce |
Reporting a low $9.5 billion trade surplus for 1986, Brazilian trade authorities added almost 2,500
Maritime
SPOT PRODUCT PRICES
JOC Staff |
January 23, 1987 U.S. spot oil products price indications, sellers range, in cents per gallo
NORWEGIAN, SAUDI MINISTERS MEET
(Ap) |
Norwegian Oil and Energy Minister Arne Oeien said Friday that no new developments resulted from his
UTILITIES TO PROVIDE SAFETY INFORMATION
(Ap) |
Utilities providing natural gas service in New York will be required to send out information to cust
ENERGY BRIEFS
From Wire and Staff Reports |
Ashland Oil Reports Decline in Net IncomeASHLAND, Ky. - Ashland Oil Inc. reported net income
FRANCE EYES NORWEGIAN FIELDS
Howard Schissel |
France's hard-pressed oil service and technology industry, the second largest in the world after the
MARSHMAC SETTLES WITH SEC
C.A. Carpenter |
The Securities and Exchange Commission said Marsh & McLennan Cos. settled charges that it misreprese
REAGAN WILL LAY OUT NEW AGENDA TUESDAY ADDRESS TO CONTAIN NEW IDEAS ON TRADE, BUDGET, JOBS
A Staff Report |
President Reagan will try to rise above his recent setbacks and use Tuesday's State of the Union add
SPENDING, INCOME UP IN DECEMBER
(Ap) |
Americans increased their spending by a huge 2 percent in December, the biggest rise in more than 11
ON THE MOVE
JOC Staff |
Delta Air AnnouncesAppointmentsArchie R. Boe and Gerald Grinstein were named to the
NJ GASOLINE STATION OWNERS LOBBY AGAINST VAPOR RECOVERY
(Ap) |
Several dozen gas station dealers and attendants traveled to the Statehouse to lobby against a propo
MILLER BREWING PROMOTES BEER MADE WITH WHEAT
(Ap) |
Using a hawk and harvest scenes for a "straight from the heartland" theme, Miller Brewing Co. is pro
JOHN BOYD'S ECONOMIC BEAT.
John Boyd |
STATE OF THE PRESIDENT: It is the state of Ronald Reagan himself, more than anything he can possibly
STRIKES CARRY BIG PRICE TAG
Journal of Commerce Staff |
Rotterdam's stevedoring companies lost more than 1.0 million guilders (US$500,000) of business in th
Maritime
TIN COUNCIL SURVIVES LIQUIDATION PETITION
(Ap) |
A judge ruled that the British high court could not liquidate the beleaguered International Tin Coun
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
MIAMI STRIKE THREAT DIES
Craig Dunlap |
Union longshoremen and Dade County port officials reached an employment settlement that eliminates t
Maritime
TIGHT SUPPLIES SUPPORT MAY/JULY WHEAT TRADING
Michael Kreca |
Chicago Board of Trade May wheat is expected to hold its premium to July amid the ongoing scarcity o
COMMODITY BRIEFS
From Wire and Staff Reports |
Sugar Exporters Call Off MeetingA meeting of the four leading sugar exporters, tentatively s
SURPLUS BURLEY TOBACCO OFFERED TO HIGHEST BIDDERS
(Ap) |
About 141 million pounds of surplus burley tobacco from the 1983 harvest is being offered for sale t
NORWEGIANS TO CHANGE REGISTRY
(Ap) |
The parent company of Norwegian Caribbean Lines and Royal Viking Line announced plans to change the
Maritime
CME RE-ELECTS SANDNER
Journal of Commerce Staff |
John F. "Jack" Sandner, chairman of the Chicago Mercantile Exchange (CME), has been re-elected to se
SAN DIEGO YARD WINS NAVY PACT
Bill Mongelluzzo |
The award of a $290.9 million Navy contract to National Steel & Shipbuilding Co. illustrates once ag
Maritime
LAKES INTERESTS SLATE ECONOMIC CONFERENCE
Leo Ryan |
Mayors representing communities on the Great Lakes and St. Lawrence River are to attend a two-day co
Maritime
SHAKEOUT TO CONTINUE UNTIL 1990 SHAPE OF INDUSTRY TO CHANGE IN WAKE OF RATIONALIZATION
TOM McNIFF Jr. |
A consultant predicts the shakeout in container shipping will end by 1990, with a few large firms d
Maritime
ANTI-HIJACKING MEASURES URGED
(Ap) |
Permitting naval ships to chase and intercept hijacked vessels could deter terrorist incidents like
Maritime
ILLINOIS TREASURER BATTLES HIGH CREDIT CARD RATES
Journal of Commerce Staff |
Illinois Treasurer Jerome Cosentino says he will continue waging war on high bank-credit-card intere
NY AREA PRICES RISE AT SLOWER PACE
(Ap) |
Consumer prices rose by 2.6 percent in 1986 in the New York metropolitan area, the smallest yearly a
NJ LIQUOR LIABILITY BILL VETOED
(Ap) |
Gov. Thomas H. Kean has conditionally vetoed a bill designed to protect tavern owners from lawsuits
BUSINESS GROUP DRAFTS PRODUCT LIABILITY BILL
Leah R. Young |
A coalition of business groups is preparing a scaled-down federal product liability law reform propo
COST OF CREDIT FRIDAY, JANUARY 23, 1987 (PERCENTAGES PER YEAR)
JOC Staff |
INTERNATIONAL INTEREST RATES Canada U.K. Germany Holland SwitzerlandDa
LLOYD'S TO CHANGE COUNCIL? INQUIRY SAYS MORE INDEPENDENT OVERSIGHT NEEDED
Edwin Unsworth |
Lloyd's of London should change the makeup of its ruling council to include more outside members in
PHILIPPINE TALKS WITH BANKS LIKELY
(Ap) |
Creditor governments of the Philippines have agreed to reschedule a large portion of the country's e
Maritime
KODAK AGREES TO LEND $1 MILLION TO ENZON
Journal of Commerce Staff |
Enzon Inc. and Eastman Kodak Co. announced they have signed an agreement whereby Kodak has agreed to
HAMMER SEES $28 OIL IN '87
(Ap) |
The price of oil should bounce back to at least $28 a barrel by the end of this year, predicts Arma
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