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TRANSPORT CALENDAR
JOC Staff |
American Society of Transportation and Logistics, seminar on fundamentals of traffic and transportat
JAPANESE POWER COMPANIES TO EXPAND CAPACITY BY 40 PERCENT OVER NEXT 10 YEARS
Knight-Ridder Financial |
Japan's nine electric-power companies are planning to expand their overall generating capacity by 40
UK APPROVES NORTH SEA GAS-GATHERING SYSTEM
John N. Maclean |
Amoco Corp. and a group of other companies Tuesday received formal approvalfrom the United K
US CONSIDERS LEASING CRUDE TO FILL THE STRATEGIC RESERVE
(Reuter) |
The government hopes to sharply reduce costs by leasing, rather than buying, oil to fill the nation'
MASS. OIL-TERMINAL OFFICIAL DENIES PRICE-FIXING CHARGES
TOM McNIFF Jr. |
An executive of Martha's Vineyard's sole oil terminal denied charges by the Massachusetts Attorney G
CANADA FARMERS ARE UPSET ABOUT US IMPORTS OF WHEAT
Leo Ryan |
Canadian grain farmers are up in arms over a decision by the federal government to open the border
AUSTRALIAN LIFE INSURER LOOKS FOR MORE GROWTH IN INTERNATIONAL MARKETS
Vincent W. Stove |
Australia's biggest life insurer is looking for more growth and investment prospects in internationa
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 8, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
AVIATION BRIEFS
From Wire and Staff Reports |
ROLLS-ROYCE TO CUT 3,000 MORE JOBSBritish aircraft engine maker Rolls-Royce PLC said Wednesd
LAWYERS MAKE WAVES ON SHIP-MONITOR PLAN IMMUNITY PROPOSALS HIT
Wayne Lee |
California's trial lawyers are opposing legislative proposals that would limit or forbid accident li
PEOPLE - MARITIME MATSON NAMES NEW LEADERS FOR OPERATINGFACILITIES
From Wire and Staff Reports |
Matson Navigation Co. named new leaders for two of its operating sub- sidiaries. Gary J. Nor
Maritime
THE ECONOMY
Wire Reports |
WHOLESALE MERCHANTS SEE DROP IN INVENTORIESInventories of U.S. wholesale merchants fell 0.5
DOLLAR RISES ON NEWS IRAQ FIRED AT US PLANE
Knight-Ridder Financial |
The U.S. dollar rose in quiet trading Wednesday on news that Iraqi anti- aircraft guns fired at a U.
TRAFFIC BRIEFS
Wire and Staff Reports |
NATIONAL STARCH WINS SANTA FE RATE CASEThe Interstate Commerce Commission upheld a law judge
SOO SELLS TRACKAGE TO NEW SHORT LINE
Kevin Commins |
Soo Line Railroad Co. agreed to sell 145 miles of track to a newly formed railroad called Twin Citie
BRAZIL HOPES TO BOOST EXPORTS FROM MANAUS FREE TRADE ZONE
James Bruce |
What do you do with an artificial industrial center isolated far from markets and suppliers in the m
Maritime
INDIA'S FINANCIAL PROBLEMS TO HIT JUNE OIL IMPORTS
Knight-Ridder Financial |
Cash-strapped India is having trouble finding the foreign exchange reserves to pay for June oil impo
CROSS-RATE EXCHANGE START LATE, RIVALS NEAR APPROVAL
Denise Gray |
The Twin Cities Board of Trade flew out of the starting gate early this year in the race to be the f
OCCIDENTAL TO SELL NORTH SEA ASSETS TO A BRITISH-FRENCH PARTNERSHIP
(Reuter) |
Occidental Petroleum Corp., moving for the second time this week to pare its massive debt, said Wedn
BALTIC FREIGHT INDEX
JOC Staff |
1626 (May 8, 1991) Previous day - 1612 The Baltic International Freight Futures Market in Lo
Maritime
LLOYD'S INVESTIGATES HUGE LOSSES AT 3 FELTRIM INSURANCE SYNDICATES
Lorraine Iannello |
The Lloyd's of London insurance market is investigating a potential 320 million ($550.4 million) lo
GERMAN MINISTER URGES CHANGE IN EC SUBSIDIES
Knight-Ridder Financial |
German Economics Minister Jurgen Moellemann on Wednesday urged the European Community to scrap its s
MINETA SAYS HOUSE BILL WILL ADDRESS BIG RIGS
Geoffrey H. Brown |
The chairman of the House subcommittee responsible for drafting highway reauthorization legislation
JAPANESE LAWS GIVE BOOST TO RETAILERS
Knight-Ridder Financial |
The upper house of Japan's Parliament Wednesday passed laws aimed at making it easier for retailers
NEW ORLEANS CHIEF AIMS FOR BROADER YET LEANER ORGANIZATION
Erich E. Toll |
The Port of New Orleans is aiming to expand its role in intermodal operations, shift more control to
Maritime
GORBACHEV UNLIKELY TO GET G-7 INVITATION
Keith M. Rockwell |
Soviet President Mikhail Gorbachev is unlikely to be invited to join the leaders of the world's larg
Maritime
PAN AM TO RECLAIM LONDON ROUTE FROM UNITED
Tom Stieghorst |
Pan American World Airways plans to reclaim its Miami-London route authority, ending a short trial p
SOVIETS REPORT OIL SPILL NEAR JAPAN SOVIETS REPORT OIL SPILL NEAR JAPAN
Journal of Commerce Staff |
An oil spill from a tanker is killing birds on "a mass scale" in a sensitive region at the southern
Maritime
SAUDI ARABIAN FIRM SIGNS EG PLANT DEAL
Knight-Ridder Financial |
Saudi Arabia's Eastern Petrochemical Co. has signed a construction contract for a new ethylene glyco
EC RELEASES HARVEST ESTIMATES, PREDICTS RECORD RAPESEED CROP
Knight-Ridder Financial |
The European Commission's first tentative estimate for the 1991-92 (October- September) rapeseed har
REINSURANCE ASSOCIATION CONFIRMS NUTTER'S RETURN
Aviva Freudmann |
The Reinsurance Association of America confirmed Wednesday that Franklin W. Nutter will become the a
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange May 7, 1991CRUDE OIL(1,000 barrels; dollars and cents p
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange May 8, 1991Dubai Crude Oil - (Dollars Per Barrel)<
REPORT: FEW LARGE TANKERS HAVE DOUBLE BOTTOMS
Journal of Commerce Staff |
Only a tiny fraction of the world's large tankers are equipped with double bottoms, figures released
Maritime
EPA SAYS FREE TRADE ACCORD WITH US WILL BE GOOD FOR MEXICO'S ENVIRONMENT
Knight-Ridder Financial |
Mexico needs a free trade agreement with the United States if it is to generate the capital it needs
Maritime
MANY PEOPLE MISSING AFTER FERRY SINKS IN PERU
JOC Staff |
Rescuers found 191 survivors of a riverboat accident in the swirling waters of an Amazon tributary b
Maritime
SPOT COMMODITIES
JOC Staff |
May 8, 1991 Included are list prices of suppliers. Quotations do not necessarily represent p
US CHEMICAL FIRMS URGED TO PUSH VALUE-ADDED ETHYLENE PRODUCTS
Patricia Crisafulli |
With ethylene production on the rise in foreign countries, U.S. chemical companies should concentrat
LAKES GROUP SEEKS FUNDS TO OVERHAUL ICEBREAKER
Kevin Commins |
The Great Lakes Commission urged Congress to authorize funds to modernize the Mackinaw, the premier
Maritime
EUROPE SEEN UNLIKELY TO FOLLOW US RATE CUT ANALYSTS CITE NATIONS' STALEMATE ON EMS
Brian Childs |
The central banks of countries in the European Monetary System are unlikely to follow last week's ha
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