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MARITIME BRIEFS
From Wire and Staff Reports |
LLOYD WERFT TO BUILD FREEPORT SHIP FACILITYFREEPORT, Bahamas - The Grand Bahama Port Authori
Maritime
NY PORT AUTHORITY BONDS GARNER "AA-' FITCH RATING
Knight-Ridder Newspapers |
The Port Authority of New York & New Jersey's $97 million consolidated bonds, seventy-eighth series,
Maritime
TRADE BRIEFS
Wire and Staff Reports |
EC STUDY GROUP URGES CORPORATE TAX REFORMBRUSSELS, Belgium - A special EC study grou
CARRIERS SEE CONTINUED SOUTH AMERICAN BOX RALLY
Craig Dunlap |
After a decade on the critical list, the South American economies are perking up again and filling t
Maritime
TRANSPORT CALENDAR
JOC Staff |
International ocean and air transportation: planning, Negotiating and Managing the Move, March23-25,
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Mar. 18, 1992Bid AskedCopper_
US MAY DISCUSS QUOTAS, SALVADOR COFFEE AIDE SAYS
Knight-Ridder Financial |
U.S. officials are open to negotiating a return to a world coffee export quota regime at the next In
CANCER DRUG FROM TREES MAY SOON BE SYNTHESIZED
(Reuter) |
An important new cancer drug that until now could be extracted only from the bark of a rare Pacific
LYONDELL CUTS COST OF MAKING ISOBUTYLENE
JOC Staff |
Lyondell Petrochemical Co. has developed a new process for producing isobutylene at potentially half
COMMODITY BRIEFS
Wire and Staff Reports |
RUSSIA SAID TO REQUEST $600 MILLION IN CREDITSRussia has formally requested $600 million in
JAPANESE SUGAR TRADERS RAISE PRICE CONCERNS AMONG THAIS
Barry Hing |
The hopes of Thai shippers for higher raw sugar prices may be dashed by big Japanese traders, who ha
INCHCAPE SHIPPING PLANS EXPANSION INTO 3 ASIAN NATIONS
Mark Magnier |
Inchcape Shipping Services's Asia-Pacific operation hopes to expand into three more countries in 199
Maritime
EC DOWNPLAYS HOPES FOR KOHL VISIT TO US
Miriam Widman |
German and European Community officials deflated hopes Wednesday that German Chancellor Helmut Kohl'
BRITISH AEROSPACE BUYS PRESTWICK AIRPORT
Journal of Commerce Staff |
The British Airport Authority has sold Scotland's Prestwick Airport to British Aerospace, which manu
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
GASOLINE PRICES CONTINUE DECLINE
(Reuter) |
The average U.S. price of self-service regular unleaded gasoline dipped one- tenth of a cent from la
MARITIME LIBERALIZATION FACES THREAT OF TRADE BLOCS IN SOUTH AMERICA
Erich E. Toll |
The pace of liberalizing the maritime industry in South America is likely to increase, but the benef
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP (New York) - John Fallon was appointed chairman of West Coast Operation
WATERFRONT COMMISSION IN NY ARRESTS DOCKER
Knight-Ridder Financial |
The Waterfront Commission of New York Harbor said a longshore foreman was arrested for conspiring to
Maritime
FRANCE'S PECHINEY TO RESHUFFLE TRADE, ALUMINUM UNITS
Knight-Ridder Financial |
French aluminium and packaging group Pechiney said it plans to regroup its international aluminium a
PEOPLE - MARITIME
From Wire and Staff Reports |
Henk Roersma was named director of instant space Europe for this container lessor. He was director o
Maritime
SOUTH ATLANTIC, CARIBBEAN PORTS HIT SHIPYARD SUBSIDY BILL
Betsy Lordan |
South Atlantic and Caribbean port leaders expressed alarm at a House bill that would prohibit ships
Maritime
MOBIL TRIMS CAPITAL BUDGET, PLANS LAYOFFS
Knight-Ridder Financial |
Mobil Corp. Wednesday said it will take a $75 million charge in the first quarter to pay for restruc
CHEMICAL BRIEFS
Wire and Staff Reports |
DU PONT BEGINS WORK AT BRAZIL 'TI-PURE' PLANTWILMINGTON, Del. - E.I. du Pont de Nemo
VETERAN EMPLOYERS' REPRESENTATIVE NAMED CANADA PORTS CORP. CHAIRMAN
Leo Ryan |
Arnold Masters, a burly Irishman who for nearly two decades represented maritime employers in easter
Maritime
TTX EARNINGS INCREASE ON INTERMODAL GROWTH
Lawrence H Kaufman |
High rates of equipment use led to a 20.6 percent increase in net income for TTX Co., the railroad-o
FLORIDA GAS TRANSMISSION CO. SEEKS TO BUY STAKE IN MOBILE BAY PIPELINE
Knight-Ridder Financial |
Florida Gas Transmission Co. is seeking regulatory approval to buy a portion of - as well as expand
SPOT PRODUCT PRICES
JOC Staff |
Mar. 18, 1992 U.S. spot oil products price indications, sellers range, in cents per gallon,
GAO REPORT CRITICAL OF HEALTH-CARE PROPOSAL
Boston Globe |
The piece of U.S. health-care reform most likely to pass Congress this year - federal regulation of
INSURANCE BRIEFS
Wire and Staff Reports |
HEARING SET IN NY ON EQUITABLE PROPOSALA public hearing concerning the demutualization plan
BUSH'S TUNA PLAN IS HOTLY DISPUTED
John Maggs |
A Bush administration plan to settle a fishing trade dispute with Mexico is complicated by complaint
UNIONS RIDICULE OMB DIRECTIVE ON SAFETY RULES
Tim Shorrock |
Union leaders and public interest groups have reacted with astonishment to a White House directive t
Maritime
MORRISON KNUDSEN TO BUILD RAILCARS FOR BAY AREA TRANSIT
Gregory S. Johnson |
Morrison Knudsen Co. has won a $141.6 million contract to build 80 new railcars for theBay Area Rapi
TRADING WITH AUSTRIA AUSTRIA AGAIN BECOMING CROSSROAD OF COMMERCE
Kenneth Wolf |
Austria has been the international crossroad for business, then espionage, and now business again.
Maritime
CRUDE INVENTORIES FELL LAST WEEK
Journal of Commerce Staff |
U.S. crude oil inventories fell by 4.9 million barrels during the week ended March 13 compared with
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/18 3/17 Change % Change: 2/26
VULCAN TO BUILD PLANT TO TURN ACID WASTE INTO ROAD SALT
Jean Hays |
Vulcan Chemicals will begin building a $9 million plant this spring that will recycle used acid and
FRANCE SEEN AS PLAYING POLITICS WITH SWITCH ON CLOSED SHIPYARD
Barbara Casassus |
The French government has lifted a ban on the sale of the plant and equipment at the defunct La Ciot
Maritime
ALLSTATE REINSURANCE REPORTS MASSIVE UNDERWRITING LOSS
Margo D. Beller |
It started with a series of devastating storms in Europe last year and ended with an underwriting lo
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