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TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe U.S. needs to support the commercial space industry not by direct subsidy bu
SPENDING PROBE
(Ap) |
China's State Planning Commission launched a high-level inquiry into runaway spending on building pr
Maritime
CAMEROON ASKS EC FOR EMERGENCY AID
(Ap) |
The Cameroonian government asked the European Community to provide a long list of emergency supplies
Maritime
RISE EXPECTED IN HOUSING STARTS
(Ap) |
Despite major regional differences in building rates, the National Association of Home Builders expe
NEW JOFC MATERIA LS INDEX SIGNA LS PRICE SWINGS
Journal of Commerce Staff |
A new industrial materials price index that gives early signals of inflation or disinflation will be
SUPPORT URGED FOR SPACE INDUSTRY
Journal of Commerce Staff |
The federal government needs to support the commercial space industry not by direct subsidy but by
HEARINGS SCHEDULED FOR EFFICIENCY BILL
Journal of Commerce Staff |
A bill to establish federal minimum energy efficiency standards for major home appliances, developed
SEDGWICK GROUP ACQUIRES CRUMP UK'S LARGEST BROKER GAINS NO. 4 POSITION IN THE U.S.
Simon Cameron Moore |
The Sedgwick Group PLC, the U.K.'s largest insurance broker, promoted itself to number four in the
ROTTERDAM M ERGER OPPOSED
Simon Cameron Moore |
Three Rotterdam-based stevedoring companies are meeting union resistance to their plans to merge, bu
Maritime
ST. LAWRENCE PORTS REDUCE ASSESSMENTS
Leo Ryan |
The Maritime Employers Association, which represents waterfront employers in Montreal and other por
Maritime
CANADA STUDIE S RESCUE PLAN
David R. Francis |
The Provincial government of Alberta and the Canadian federal government are negotiating a rescue pa
LIONHEART, 3D IN AGREEMENT
Journal of Commerce Staff |
Lionheart Resource Corp. announced that it entered into a letter of agreement with 3D Systems Inc. o
FINANCIAL BRIEFS
Wiom Wire and Staff Reports |
Bank of Japan: No Need To Cut Discount RateThe head of the Bank of Japan said Wednesday ther
SF-SP WIL L TRY AGAIN TO WIN M ERGER NOD
David M. Cawthorne |
The Union Pacific and the Denver & Rio Grande Western rail systems will be the big winners in Santa
TRADE FAIRS
From Wire and Staff Reports |
Show Features Medical GoodsDUESSELDORF, West Germany - Medica '86, an important medical trad
Maritime
SPENDING PROBE
(Ap) |
China's State Planning Commission launched a high-level inquiry into runaway spending on building pr
Maritime
HOW BIG IS TNT LTD.? ITS NETWORK SPANS GLOBE
Journal of Commerce Staff |
Many analysts in the transportation industry have often wondered just how big TNT Ltd., the Sydney,
IRAN INTERCEPTS 10 SHIPS IN THE GULF
(Ap) |
Iranian warships intercepted 10 foreign cargo ships and oil tankers in the Strait of Hormuz, the gat
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INSIDE TALK FROM THE WEST COAST .
John Davies |
MAD DOGS AND ASSEMBLYMEN: It wasn't really a shouting match - just Port of Oakland Commissioner Doug
Maritime
MARAD HONORS DEBT COMMITMENT
Journal of Commerce Staff |
The Maritime Administration paid out $1,160,070.44 to satisfy demands of holders of government-backe
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHINESE, DUTCH PLAN TO DISCUSS FARM PROJECTS
(Ap) |
China and the Netherlands have signed a memorandum for future talks on a series of proposed Dutch a
TURKEY OUTPUT RISES
(Ap) |
Turkey production, a year-round business, is setting records this year and probably will again in 19
100 YEARS SAIL ING THE SEAS
Mark Magnier |
German-flag liner service to Australia and the Far East, celebrating its 100th anniversary this year
Maritime
ROCHESTER UTILITY INSTALLS NUCLEAR TRAINING SIMULATOR
Journal of Commerce Special |
Rochester Gas and Electric Corp. installed a $11 million control room training simulator at the util
GREAT PLAINS P RICES FALLING
Andrea Chancellor |
The price of synthetic natural gas produced at the Great Plains coal plant in North Dakota has falle
NSURANCE BRIEFS
From Wire and Staff Reports |
Capital Drops Plans To Acquire PreserverRe Capital Corp. confirmed plans were dropped to acq
OLSEN CONFIRMS NEW TANKER ORDER
Journal of Commerce Special |
Despite earlier denials, it has been confirmed that Fred. Olsen & Co. has started the ball rolling f
Maritime
UK FORWARDERS UNHAPPY TOO
Edwin Unsworth |
British freight forwarders charge that a planned peak-hour ban on all-cargo flights at Heathrow and
MITSUI FORMS UNIT TO PROMO TE HIGH-TECH SALES
Bill Mongelluzzo |
Mitsui & Co. (USA), one of the top five exporters from the United States, formed a company to promot
BEAUMONT SET RECORD IN JULY MOST BAGGED CARGO CONSISTED OF FLOUR DESTINED FOR EGYPT
Journal of Commerce Staff |
The Port of Beaumont handled a record 74,296 tons of bagged cargo during July, port officials said.<
Maritime
NORWAY OPENS GAS PIPELINE STATPIPE TRANSPORT SYSTEM IS LONGEST UNDERSEA GAS LINE
Bob Wesenberg |
Norway's largest industrial project ever, the $2.5 billion Statpipe gas pipeline system, was offici
55 MPH CHA LLENGE LOOMS AUTO INSURERS REMAIN OPPOSED TO INCREASE
James Nolan |
The auto insurance industry remains steadfastly opposed to raising highway speed limits above 55 mph
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Korea's Posco Plans To Boost Steel OutputSEOUL, South Korea - Pohang Iron and Steel Co. p
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Pension regulatory system needs complete review, William Brock, labor secret
AIRBORNE C OULD GAIN I N INDUSTRY SHAKEOUT
Gloria Joseph |
Tall corn stalks with silken tassels sway in the breeze in the nation's midsection, hiding from view
MARINE CASUALTIES
JOC Staff |
Typhoon Wayne caused several shipping casualties in the area of Taiwan. According to a repor
Maritime
INTERNATIONAL LOANS
JOC Staff |
ADB PAPUA NEW GUINEA - $29.9 million plus a technical assistance grant from the Asian Develo
Maritime
INDONESIA BAITS INVESTMENT TRAP
John Davies |
Indonesia's development minister ventured into San Francisco's Bohemian Club and, like a voice cryi
Maritime
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