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NAVIERAS FILES SUIT AGAINST CUSTOMER
Tom Baldwin |
Navieras NPR Inc., operating the largest liner service to Puerto Rico, is suing a customer for alleg
VENTING THOSE FUMES \ VAPOR RECOVERY AT BOSTON'S PORT: A LAW THAT WON'T BE ENFORCED
Michael S. Lelyveld |
After promising the Environmental Protection Agency that it would stop those nasty fumes coming from
APONTE OFFERS GLIMPSE OF EMPIRE
Tom Baldwin |
Gianluigi Aponte, the soft-spoken founder and president of Mediterranean Shipping Co., interrupted a
NAMES: LLOYD'S DEBT COLLECTORS ARE OVERESTIMATING THE FIGURES
Helen R. Macleod |
Letters from Lloyd's debt collectors demanding money take no account of amounts due back to investor
BRIEFS
From Wire Reports |
OLIVETTI WORKERS STRIKEAGAINST INTERNAL CHANGESROME - Italian unions representing workers at
Maritime
CLINTON SIGNS MARITIME SECURITY ACT INTO LAW
Journal Of Commerce Staff |
President Clinton signed the Maritime Security Act on Tuesday. The law provides $100 million annuall
BRIEFS
From Wire Reports |
RUSSIAN NUCLEAR ENERGYMINISTER VISITS CHINAMOSCOW - Atomic Energy Minister Viktor Mikhailov,
MEXICO PLANS SPATE OF POWER PROJECTS \ BIDDING PROCESS TO BE INITIATED BY YEAR'S END
Associated Press |
Mexico will begin construction on at least 20 new electric power projects with a capacity of 9,000 m
TRICON MAY ADD UASC AS 4TH PARTNER
Robert Koenig |
United Arab Shipping Co. may become a fourth partner in the Tricon alliance of Germany's DSR-Senator
"EURO-MED STRATEGY' FOR FREE-TRADE AREA TO ADVANCE DESPITE FEAR OF POTENTIAL RISK
Bridge News |
Plans to create a free-trade area involving the European Union and mainly Arab southern Mediterranea
Maritime
THE SHIP COMES IN
Tom Baldwin |
The chief mate is a moderate smoker, one cigar at a time.And he puffs only one cigar per voy
US FIRMS MAY BE REQUIRED TO REPORT OFFSHORE STOCK SALES
Bridge News |
U.S. companies that sell stocks abroad would have to report those sales under a proposal made Wednes
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateCchedule RevisedRS: American Tanker Rate Schedule
AMOCO SHIFTS RETAIL FOCUS TO AMERICAS
Reuters |
Amoco Corp. said Wednesday it will sell its gasoline stations in Central Europe as part of its strat
CORRECTION
JOC Staff |
A story headlined ''People on the move'' that appeared on Page 8B on Oct. 3 should have said Forest
BRIEFS
From Wire and Staff Reports |
FORMER GM WORKERSPROTEST IN MEXICOMEXICO CITY - Former workers of a closed General Motors pl
Maritime
CALIFORNIA TRADE OFFICIAL RAPS CLINTON ON MEXICO
Kevin G. Hall |
California Republican government officials, unhappy with administration trade policy, used a visit h
Maritime
SAMSUNG PURCHASE OF FOKKER CAPS SOUTH KOREAN SPENDING SPREE IN EUROPE
Bruce Barnard |
Samsung Aerospace Industries is close to reviving Fokker, the bankrupt Dutch aircraft manufacturer,
CHINA NUCLEAR SALE REPORTED
Reuters |
China has made a new sale of nuclear weapons-related equipment to Pakistan in a move which could inc
Maritime
BRIEFS
From Wire and Staff Reports |
ELECTRIC RATES UP 43.5 PERCENTFOR MOST VENEZUELANSCARACAS, Venezuela - Electric rates jumped
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 9, 1996Quotations are based on prices reported in the market or obtained from sup
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 9, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 32.
SOCIETY HITS INSURERS' RIG POLICY RULES
Janet Porter |
A top maritime classification society hopes to expand its work in the offshore energy industry with
TRANSPORTATION CALENDAR
JOC Staff |
OCTOBERS.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime tra
GM STRIKE KOS SUPPLY CHAIN
Gregory S. Johnson |
The supply chain pipeline of General Motors of Canada Ltd. lies broken this week as scores of parts
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
NEW SHIPS, ROUTES BOLSTER MAIN LINES
DENNIS ENGBARTH, a free-lance writer based in Taipei. |
Despite global overcapacity and falling freight rates, Taiwan's largest shipping companies continue
TOMATO DISPUTE SPLITS CALIFORNIA, OFFICIAL SAYS
Kevin G. Hall |
California's agriculture sector probably will be divided on an administration decision to delay fina
Maritime
OFFICIAL SAYS EU TRAILS US, EVERYWHERE
Bruce Barnard |
European business is trailing the United States on earth and in space.That was the gloomy me
RAILROADS SEEN ON RIGHT TRACK FOR HIGHER PROFITS
Rip Watson |
Railroad profits will continue to rocket along at record levels when third-quarter earnings begin ro
FUNDING URGED TO CLOSE CHERNOBYL
Rostislov Khotin |
Ukraine's top Chernobyl negotiator said Tuesday that Kiev wanted the West to expedite financing for
BRIEFS
From Wire and Staff Reports |
CONSORTIUM TO DEVELOPCHINA LOGISTICS CENTERHONG KONG - An investor consortium including a un
WORKER CHARGED IN UNION THEFT
Peter Tirschwell |
A woman working for the Sailors Union of the Pacific welfare fund was charged with stealing $400,000
SALVORS ANTICIPATE ADVERSE RULING
Janet Porter |
Marine salvage companies, which have complained for many years about the expense of investing in pri
STB FAVORS BOTH SIDES IN RAIL TIFF
Journal Of Commerce Staff |
The Surface Transportation Board unveiled a novel way to decide a long-running dispute over how rail
FREIGHT RATE FUTURES
JOC Staff |
Oct. 9, 1996Baltic International Freight Futures Market Prev.Close High Low
COMPETITIVENESS KEY TO ECONOMY
DENNIS ENGBARTH, a free-lance writer based in Taipei. |
Taiwan's economy faces a critical challenge in the coming year as it seeks to become more competitiv
ISLAND'S EXPORT ENGINE NEEDS A JUMP-START
DENNIS ENGBARTH, a free-lance writer based in Taipei. |
Prospects for a recovery in Taiwan's trade engine rest on efforts to improve overall industrial comp
COST OF CREDIT
JOC Staff |
Wednesday, Oct. 9, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
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