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AIR INSURERS FACE HUGE GULF CLAIMS ONE CASE SETTLED FOR $300 MILLION
Janet Porter |
The full impact of the Persian Gulf crisis has yet to be felt by the aviation insurance market which
ENERGY BRIEFS
Wire and Staff Reports |
SOUTH KOREAN REFINERS TO BOOST CAPACITYSEOUL, South Korea - Two South Korean refiners are ex
PEOPLE - MARITIME
From Wire and Staff Reports |
ATLANTIC CONTAINER LINE (South Plainfield, N.J.) - Doug Jackson was named general manager of world s
Maritime
PHILADELPHIA SEEKS UNION HELP TO PROTECT CHILEAN FRUIT TRAFFIC
Allen R. Wastler |
Waterfront management in Philadelphia is trying to win work rule concessions in its local dock labor
Maritime
SUPPLIES OF CRUDE OIL INCREASE OVER PREVIOUS WEEK, API SAYS
Journal of Commerce Staff |
Crude oil stocks increased by 900,000 barrels from the previous week for the week ending Nov. 9, the
RAIL TRAFFIC REFLECTS ECONOMIC DOWNTREND
Lawrence H Kaufman |
Railroad marketing executives increasingly fear that the nation is slipping into a recession.
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FRENCH MINISTER HIKES TRADE GAP FORECASTFrench Trade Minister Jean-Marie Rausch predicted Fr
THE ECONOMY
Wire and Staff Reports |
US TRADE GAP LIKELY TO NARROW SLIGHTLYNEW YORK - Economists expect September's U.S. merchand
PORT OF MELBOURNE WILL TEST EDI SYSTEM
Janet Porter |
Melbourne will be the first port in Australia to test an electronic data interchange system for the
NORWAY EXPECTS TO BOOST EUROPEAN GAS MARKET SHARE
Arthur Gottschalk |
Norway's natural gas market share in Europe will climb to 19 percent by the year 2005 from 10 percen
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Nov. 14, 1990Bid AskedCopper-
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 14, 1990Brent Crude Oil - (Dollars Per Barrel)
TRADING WITH MONGOLIA NEW BODY TO PROMOTE INVESTMENT
Duncan Robinson |
The land-locked home of Genghis Khan holds vast unexploited mineral deposits, but it lacks the techn
Maritime
UPS ADDS HAZARDOUS SHIPMENTS CHARGE OF $5
Leo Abruzzese |
United Parcel Service Inc. will add a $5 handling charge to all hazardous packages shipped with the
AVIATION BRIEFS
Wire and Staff Reports |
CAPACITY TO MAINTAIN JETS FOUND INADEQUATEWASHINGTON - Airlines and independent aircraft rep
AIG WINS LICENSES IN POLAND, HUNGARY
From Wire and Staff Reports |
American International Group Inc. (AIG) received insurance licenses in Poland and Hungary, paving th
US PREFERS TRADE TALKS WITH GROUPS OF LATINS
Knight-Ridder Financial |
The United States would prefer to negotiate trade agreements with groups of Latin American nations
ARGENTINE RAILWAYS IN NEED OF INVESTMENT
Geoffrey Brown |
The Argentine government's goal of privatizing Ferrocarriles Argentinos, the state-run rail line, pr
ASIAN FUTURES
JOC Staff |
Nov. 14, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
SPOT PRODUCT PRICES
JOC Staff |
Nov. 14, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
WAH KWONG REPORTS RISE IN SIX-MONTH EARNINGS
P.T. Bangsberg |
Wah Kwong Shipping Holdings Ltd. reported a rise in earnings in the six months through Sept. 30, to
Maritime
AVONDALE INDUSTRIES POSTS $20 MILLION LOSS FOR PERIOD
Janet Plume |
Avondale Industries Inc. reported a third-quarter loss of $20 million, a company official said.<
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Nov. 13, 1990Bid AskedCopper-
SPOT COMMODITIES
JOC Staff |
Nov. 13, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
FINANCIAL BRIEFS
Wire and Staff Reports |
1ST SOVIET STOCK MART SINCE REVOLUTION OPENSThe Soviet Union, which embarked on a market pla
BALFOUR MACLAINE BOARD TO WEIGH REVAMP PROPOSAL
Knight-Ridder Financial |
Balfour Maclaine Corp. said Tuesday that management has presented arestructuring plan to the board,
CHINESE GOVERNMENT TO PURCHASE SURPLUS GRAIN FROM ITS FARMERS
P.T. Bangsberg |
The Chinese government intends to buy all available grain at fixed prices in what it says is a move
AGENTS OPPOSE FEDERAL REGULATION
Craig Dunlap |
The rising number of insurer insolvencies is a plague on the industry, but the problem doesn't come
COAST GUARD IN BOSTON WATCHING TANKERS SAFETY OFFICERS FIND VIOLATIONS
TOM McNIFF Jr. |
Coast Guard marine safety officers in Boston are on watch for foreign tankers illegally using dedica
Maritime
BECHTEL, TO DEVELOP TOKYO TOWER
Journal of Commerce Staff |
In a further expansion of its activities in Japan, a unit of San Francisco- base d Bechtel Group Inc
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC. (Staten Island, N.Y.) - David C. Junkroski was named regional sales manag
Maritime
PEOPLE - RAILROADS
JOC Staff |
CONSOLIDATED RAIL CORP. (Philadelphia) - R. Paul Carey was named general manager, route optimization
GEIS VENTURE WILL PROVIDE TARIFF AUTOMATION SERVICES SHIP EXECUTIVES WELCOME LINKUP
Tony Seideman |
Data Exchange International and GE Information Services are teaming up to offer tariff auto- mation
ESSO MALAYSIA PLANS INVESTMENT PROGRAM
Jacob Daniel |
Esso Malaysia Bhd., the refining and marketing division of Exxon Corp. in Malaysia, intends to incre
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,645-$1,660 per ton lots & in warehouse min. 99.
FREIGHT RATE FUTURES
JOC Staff |
Nov. 13, 1990 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
U.S. CONTRACTORS PLAN TO FIGHT FOR A SHARE of the military construction projects in Saudi Arabia ste
EUROPEAN INSURANCE INDUSTRY IS FACING A MAJOR SHAKE-OUT
Janet Porter |
Merger and acquisition activity within Europe's insurance industry will reach a peak in 1993, result
SOME SAY BUSH AIMS TO TORPEDO SHIPPING ACT
Gregory S. Johnson |
Maritime interests that want to preserve the 1984 Shipping Act don't know whether the Bush administr
SERVICE MAY BE THE KEY TO SUCCESS IN A RECESSION
Lore Croghan |
In the best of times, a gracious employee means money in the till for tourism businesses. American t
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