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TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSFood and new car price increases boost consumer prices in November. Page 3A No
LATIN SUGAR EXPORTERS SAY NEW US QUOTA DISASTROUS
(Ap) |
The United States' 1987 sugar import quota of 1 million tons will be disastrous for countries highly
USDA TO GET EC REPORT ON MEAT PLANT CHANGES
Tommy Holmes |
The EC is scheduled to give USDA reports describing the modifications individual U.S. meat processin
US-EC GRAIN TALKS FAIL
(Ap) |
Time is running out on efforts to avert a new clash between the United States and the European Commu
COMMODITY BRIEFS
From Wire and Staff Reports |
Malaysian Output Of Crude Palm Oil FallsKUALA LUMPUR, Malaysia - Malaysian crude palm oil pr
WRECKED BARGE FINALLY FREED
(Ap) |
After 22 days of mistakes and problems, salvage crews Friday removed a wrecked Niagara River barge t
Maritime
EC TO HELP FINANCE PROGRAM TO EDUCATE POLISH FARMERS
(Ap) |
The European Community Commission said it will pay 2 million European currency units ($2.1 million)
WATERMAN BACKS SUBSIDY CURBS
Robert F. Morison |
Waterman Steamship Corp. asked the secretary of transportation to retain restrictions on subsidized
Maritime
CHESAPEAKE SEEKS TO FORM PORT AGENCY
Carl Cahill |
This largely rural city of 130,000 will ask the Virginia General Assembly next month to authorize th
Maritime
PORT TO INSPECT CRANES BEING BUILT IN S. KOREA
Journal of Commerce Staff |
The port of Oakland agreed to spend more than $200,000 to test and inspect port cranes being built i
Maritime
LOTS OF PEOPLE WANTED TO BARGE INTO THIS ACT
(Ap) |
Some said it was as exciting as watching paint dry. Others squandered vacation time to stand freezin
Maritime
PARLEY TO REVIEW SHIP ACT CII SLATES CONFERENCE TO GAUGE IMPACT ON INDUSTRY
Journal of Commerce Staff |
One of the biggest developments in the United States' ocean transportation business in recent years
Maritime
OAKLAND SEEKS TO LURE IMPORTS
John Davies |
Wharf-side rail connections and bold, expensive actions away from the waterfront will be needed for
Maritime
ANERA OFFICE HIRES WORKERS FROM USL
Journal of Commerce Staff |
The U.S. office of the Asia North American Eastbound Rate Agreement has hired three former United St
Maritime
TERMINAL TARIFFS CAN'T SHIFT LIABILITY
Robert F. Morison |
The Federal Maritime Commission ordered an end to provisions in marine terminal tariffs shifting the
Maritime
REPORT SAYS SKIPPERS ERRED IN SOVIET COLLISION
(Ap) |
The captain of a Soviet passenger liner that sank in the Black Sea after it was hit by a freighter f
Maritime
ECT EXTENDS UNION DEADLINE TERMINAL OPERATOR SEEKING CONCESSIONS TO LIMIT LOSSES
Simon Cameron Moore |
Europe Container Terminus, the Rotterdam box-handling company, extended the deadline for trade union
Maritime
PLAQUEMINES PORT FEES AGAIN BEFORE THE FMC
Journal of Commerce Staff |
Charges imposed by the Plaquemines, La., Port, Harbor & Terminal District are again before the Feder
Maritime
PANAMA PLAN NEEDS PARTNER
Chris Dupin |
After several years of discussion, Panama's plan to build a major container transshipment center aro
Maritime
CHESAPEAKE FIGHTS COSTS FOR ELIZABETH DREDGING
Carl Cahill |
The city of Chesapeake is once again trying to avoid making annual payments of $160,000 to the U.S.
Maritime
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
MONY EXTENDING SEAT BELT BONUS
(Ap) |
Mutual Life Insurance Co. of New York says it is extending for another year its program paying an ex
DISASTERS IN WEST SHIFT FOCUS TO EAST
(Ap) |
U.S. and French spacecraft vanished in rolling balls of flame in 1986. The spectacular explosions se
JUDGE OKS REORGANIZATION FOR MANVILLE
(Ap) |
Manville Corp.'s complex reorganization plan, which includes two multimilliondollar trusts t
18 STATES REPORT FLU OUTBREAK
(Ap) |
The new "Taiwan flu" is spreading across the United States, federal health officials say. Th
BENEFICIAL PLANS TO SELL MOST INSURANCE UNITS
(Ap) |
Beneficial Corp. will sell most of its insurance group and its credit subsidiary in a major restruct
INSURANCE BRIEFS
From Wire and Staff Reports |
NJ Appeals Court Rules On Insolvent InsurersTRENTON, N.J. - Policyholders covered by an inso
CANADIANS WELCOME FINANCIAL DEREGULATION
A Staff Report |
Financial institutions in Canada have responded generally in positive fashion to the government's de
CHIP ACCORD HAS FEW FANS
Christine Winter |
Disillusionment among U.S. semiconductor companies over the historic U.S.-Japanese semiconductor tra
PRUDENTIAL, MARAD TEST NEW FORECLOSURE LAW STRUGGLE CENTERS ON 3 OF LINE'S VESSELS
Mark Magnier |
The U.S. Maritime Administration and Prudential Lines Inc. are locked in a struggle over three Prude
WISCO FACES SUBSIDY CUTOFF
Canute James |
The West Indies Shipping Corp., which has been subsidized by its Caribbean government owners, will h
AVIATION BRIEFS
From Wire and Staff Reports |
Geneva-Based Airline Orders Four MD-87sMcDonnell Douglas Corp. said Compagnie De Transport A
OIL CARGO MOVES AT $17 A BARREL MARKET RESPONDS TO REPORTS OPEC IS CLOSE TO ACCORD
Bruce Barnard |
A cargo of North Sea Brent crude for delivery in February changed hands at $17 a barrel on Friday, i
ENERGY BRIEFS
From Wire and Staff Reports |
UK Official to Address Dinner for Oil TradersPeter Walker, the U.K.'s secretary of state for
NORWAY'S OIL OUTPUT SETS RECORD FOR MONTH
(Ap) |
Norway's monthly oil production reached a record level of 1.01 million barrels in November and was e
SPOT PRODUCT PRICES
JOC Staff |
December 19, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
MEXICO AWAITS OPEC RESULTS OIL EXPORTS WILL CONTINUE TO BE LIMITED
WILLIAM A. ORME Jr. |
Mexico will continue to limit oil exports in hope that OPEC's newly lowered production quotas will s
SEABROOK OWWNERS WANT TO SHRINK EVACUATION ZONE
Larry Tye |
Owners of the Seabrook nuclear power plant last week asked the federal government for permission to
FUEL OIL MARKETERS FACE COOL DEMAND
Sam Glasser |
Home heating oil marketers have their work cut out for them if they're going to regain the market sh
PARTNERSHIP CREATES GLOBAL ACCOUNTING FIRM
Journal of Commerce Staff |
Peat Marwick International, a Toronto-based holding company for the U.S. accounting firm Peat Marwic
Maritime
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