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''We spent some time talking about bananas. Bananas are to us what cars are to Detroit.''

Citing an economic recession and tight credit, Texas Instruments Inc. is pulling out of joint ventur

NOMURA SECURITIESAPOLOGIZES IN SESC ROWTOKYO - Nomura Securities gave its ''deep'' apology T

U.S. automakers suffered a 51 percent drop in sales in Japan in April, compared to the same month of

OFFERS TO BUY* ETHYLENE GLYCOL. Contact: Nasim Chowdhury, H.N. Associates, 68, Dilkusha C/A,

U.S. exports to Turkey will suffer as higher-than-expected inflation, coupled with a drop in the Tur

The trade deficit in Turkey continued to widen last year, with imports skyrocketing past exports, ac

SOURCES: CHINA WILL SIGNCONTRACT FOR AIRBUS JETSBEIJING - China is to sign a $1.2 billion co

The United States is resuming $12 million worth of assistance programs to Albania to help the countr

French President Jacques Chirac will be seeking a political boost and a bigger slice of trade with o

INSURER GROUP PLANS FIRMTO REPLACE FAILED NISSANTOKYO - The Life Insurance Association of Ja

Giant insurer American International Group has agreed to contribute $200 million in capital and surp

Massachusetts legislators are considering a bill to make major changes in insurance industry practic

Having spent nearly the last six years in Los Angeles and Mexico City, I was glad to accept the task

A tornado whipped through Miami Monday, uprooting trees, ripping off roofs, smashing windows and ove

SHIPSEUROPEAN SHIPPERS BACKBRUSSELS' TACA STANCELONDON - European shippers s

Amid the euphoria this week surrounding the opening of APL Ltd.'s giant container terminal and on-do

A new rail line construction case before the Surface Transportation Board provides the newest signal

People familiar with the Port of Oakland's competitive position describe a ''window of opportunity''

ITF ACTION MORE VERBALTHAN REAL, SHIPOWNERS SAYLONDON - The International Transport Workers'

A top United Airlines executive accused small airlines of seeking government hand-outs and said gove

Donald Carty, president of American Airlines, said Tuesday that the terms of his company's alliance

The U.S. Maritime Administration's top official said he supports rationalization in the shipping ind

The Federal Aviation Administration wants ice-detection systems installed on all Embraer EMB-120 com

MALTESE FLAG HEADSSHIP DETENTION LISTLONDON - Ships flying the Maltese flag headed the list

In the article on Page 2B of the May 9 Journal of Commerce headlined ''Federal sting at JFK closes '

International airlines are banding together to pressure African countries into using the money they

A serious fire in the Channel Tunnel exposed fundamental problems with the operators' safety procedu

The Airports Authority of India Tuesday blamed Kazakh Airlines for the world's worst midair collisio

Singapore, having stunned the maritime world with its takeover of American President Lines, is about

CHASE-LED FINANCIAL GROUPOFFERS LOANS TO EVERGREENEvergreen International Aviation Inc. anno

A rumbling dispute over the level of airline charges at Hong Kong's new airport could be resolved in

1281 (May 13, 1997) Previous day - 1279The Baltic International Freight Futures Market in Lo

1079 (May 13, 1997) Previous day - 1085The Baltic Exchange in London on Tuesdays and Thursda

May 13, 1997Baltic International Freight Futures Market Prev.Close High Low

GLOSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule

Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo

As of May 13, 1997Quotations are based on prices reported in the market or obtained from sup

INDONESIAN FIRM INVESTSIN KAZAK OIL COMPANYALMATY, Kazakstan - Indonesia's Central Asia Petr

The nation's farmers are set to harvest their biggest soybean crop ever and their second-biggest cor