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NORWEGIAN ORDER TO FALL THROUGH? HYUNDAI RIG NEARLY FINISHED BUT PAST DELIVERY DATE
Bob Wesenberg |
There is reason to believe that the Norwegian company K/S Norjarl A/S will cancel the contract for a
PAN OCEAN KEEPS LOW PROFILE
Robert Selwitz |
In these days of heavy promotion and hype, it would seem impossible to maintain a low profile and a
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Merrill Lynch and IBM End Financial ServiceMerrill Lynch & Co. and International Business Ma
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Commerce Department expects 1987 to be as good a year as 1986 for industry.
SPANISH RAIL LOSSES MOUNT
(Ap) |
Spain's national railway system, Renfe, is suffering heavy losses in passenger and freight revenue d
MILD WINTER NO THREAT TO SOFT RED WHEAT CROP
Bob Janis |
The mild winter so far in the U.S. Midwest has raised concerns in some wheat trading circles that th
ON THE MOVE
Staff Report |
Flying Tiger Names TwoTo New PostsFlying Tiger Line Inc., a subsidiary of Tiger Inte
TRADE WAR MAY HIT TOP GINS, COGNACS
Janet Porter |
Beefeater gin and Remy Martin cognac are among some of the top brands which could disappear from the
MARKET PROSPECTS BRIGHT FOR ILL. COAL RESERVES
Journal of Commerce Staff |
Coal reserves purchased by Chicagoan Fred Keady from Standard Oil Co. could be developed at a relati
HIGHWAY PLANS HELD UP CONGRESSIONAL DELAYS ON FUNDING BLAMED
David M. Cawthorne |
Congressional delays in enacting highway spending legislation are disrupting projects throughout the
ECONOMY, HOSPITALITY GROW IN SAN FRANCISCO
Christopher Lofting |
A dominant position as a major financial center dating back to the days of the California Gold Rush
TRAFFIC BRIEFS
From Wire and Staff Reports |
MKT, Santa Fe Reach Agreement on MergerWASHINGTON Santa Fe Southern Pacific Industries has
LATE SHOPPERS BOOST SALES
(Ap) |
Last-minute Christmas shoppers helped retailers finish the 1986 holiday shopping season with impress
BILL TO EXTEND POWER PACTS DIES IN NY LEGISLATURE
Journal of Commerce Special |
Proposals to extend low-cost hydropower contracts with 22 western New York industrial ratepayers as
ENERGY BRIEFS
From Wire and Staff Reports |
Egypt Increases Oil Export PricesCAIRO, Egypt - Egypt increased the January prices on all gr
USL FILING BLOCKED IN NETHERLANDS
Simon Cameron Moore |
United States Lines' bid to file for limited protection from creditors in Dutch bankruptcy court was
Maritime
BRAZIL MAY FREE BEEF PRICES
Knight-Ridder Financial |
The Brazilian government is studying the possibility of releasing retail beef prices from government
PRIVATIZATION TREND GROWS MOST GOVERNMENTS SAID TO BE ALREADY PURSUING IT
RIPLEY WATSON Jr. |
The worldwide trend toward privatization of business firms is attracting increasing attention on sev
UNION-STEVEDORE RIFT JEOPARDIZES MERGER PROPOSAL AT ROTTERDAM
Simon Cameron Moore |
Failure to reach agreement with the unions is jeopardizing the proposed merger between the three Rot
LUMBER EXPORT TAX LIKELY TO HIKE PRICES
Helen Ericson |
The new U.S.-Canadian agreement imposing a 15 percent export tax on Canadian exports of softwood lum
USSR TO OPEN SLURRY LINE SOON
Albert Axebank |
The Soviet Union's first fully operational coal slurry pipeline is scheduled to be completed and rea
MARKET OUTLOOK BULLISH FOR TOXIC WASTE DISPOSAL
Journal of Commerce Staff |
The overall market for hazardous waste management and disposal is expected to grow at an average ann
INDUSTRY OUTLOOK A REPLAY OF '86
John Boyd |
The government's best guess for U.S. industry in the new year is that if industry liked 1986, it'll
STRONG GAINS FORECAST FOR CORPORATIONS IN '87
(Ap) |
Profits of major U.S. corporations should increase about 20 percent in 1987 over last year, aided by
PORT OPERATIONS UPSET IN FRANCE UNIONS OPPOSE REGISTRATION OF VESSELS IN KERGUELEN ISLANDS
Howard Schissel |
French ports and the national economy have been hurt by a strike launched in early December by tug b
Maritime
SPOT PRODUCT PRICES
JOC Staff |
December 31, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
BENIN TO GO IT ALONE IN DEVELOPING SEME FIELD
Journal of Commerce Special |
After a series of unhappy experiences with foreign oil companies, the West African republic of Benin
CARRIERS BATTLE DRUG SMUGGLING STEAMSHIP LINES FACE DIFFICULT TASK TRYING TO PREVENT SHIPMENTS
Craig Dunlap |
The seizure of a record volume of cocaine hidden within two containers brought into the country aboa
Maritime
US GRAIN GROUPS PLEASED WITH ACTION AGAINST EC
Knight-Ridder Financial |
Grains Commodity Groups said they were pleased with the U.S. sanctions against European Community im
LA. PORT OFFICIAL RESIGNS CLULEE CALLS SOLAPORT PROJECT 'FINANCIAL SCAM'
Marie Prat |
The president of the South Louisiana Port Commission resigned Wednesday in protest over a proposed
Maritime
MARITIME CALENDAR
JOC Staff |
Containerization & Intermodal Institute. All-day seminar on the impact of the 1984 Shipping Act on c
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHEMICAL MARKETS
Journal of Commerce Staff |
Salicylic Acid Market Seen Stable The market for salicylic acid is reported to be stable.Cry
INSURANCE BRIEFS
From Wire and Staff Reports |
Wash. Insurance Firms Asked to Cut Auto RatesOLYMPIA, Wash. - Washington state's insurance c
DOCTORS WIN ROUND IN MEDICARE SUIT
(Ap) |
A federal judge lifted a New Year's Day deadline for doctors to sign up to participate in Medicare w
AGENTS MULL COMPUTER LEASING OPTIONS
Russ Banham |
To buy or not to buy computer equipment? With software vendors out hawking attractive leasing plans,
SMALL MARKET SEEN FOR MD-11
Gloria Joseph |
A Boeing marketing executive says he has been scratching his head trying to figure out why McDonnell
CHINA TAPS UK JOB MARKET FOR SPECIALIZED WORKERS
(Ap) |
Chinese cities are forging trading links with manufacturing areas in Britain and trying to recruit e
NCA INTERVENES IN VA. SKIRMISH VIRGINIA POWER SEEKS EXEMPTION TO INCREASE GENERATING CAPACITY
Tim Sansbury |
The National Coal Association has engaged Virginia Power in the first major skirmish over a law coal
TANKSHIP PROSPECTS PROMISING
Bob Wesenberg |
The 357,430-deadweight-ton tanker Happy Enterprise, a victim of the Iran-Iraq war, could become the
Maritime
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