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MARK MAGNIER'S TRADE TALK FROM THE WEST COAST
Mark Magnier |
BEKNIGHTED PETROL: With all the fuel add-ons seen resulting from Iraq's Aug. 2 invasion ofKuwait, it
Maritime
CATHAY PACIFIC POSTS SMALL RISE IN PROFIT
P.T. Bangsberg |
Cathay Pacific Airways Ltd. struggled in the first half to post an unusually small profit increase,
CARRIERS VIE FOR RIGHTS TO SERVE MEXICO FEDERAL EXPRESS, AMERIJET AT ODDS
Leo Abruzzese |
U.S. cargo airlines serving Mexico are jockeying to improve their competitive positions by proposing
CRISIS IN MIDEAST COULD RELEGATE OLDER TANKERS TO THE SCRAP HEAP
Alan Abrams |
The crisis in the Persian Gulf could doom older oil tankers for the scrap heap, driving down scrap p
GRACE HIKES INTEREST IN SWISS COMPANY
Journal of Commerce Staff |
W.R. Grace & Co. said it purchased a larger share of a Swiss company that makes vacuum packaging ma
FMC SCIENTISTS DEVELOPING NEW AIR RELEASE GEL USES
Journal of Commerce Staff |
Scientists at FMC Corp. say they are developing new uses for its air freshener gels as pesticides a
HOECHST, GE SETTLE DISPUTE OVER PATENTS
Journal of Commerce Staff |
Hoechst Celanese Corp. and General Electric Co. said they settled a dispute over polyester-based the
STATE REGULATION FOUND LACKING INSURERS ADVOCATE FEDERAL TAKEOVER
Kenneth Silverstein |
State insurance regulation is not working, leaving the industry with no alternative but to consider
(HOSPITAL SHIP)
JOC Staff |
No Story.
Maritime
NEW PRODUCTS
Wire and Staff Reports |
JAPAN'S FUJITSU UNVEILS SUPERCOMPUTER SYSTEMFujitsu, Japan's largest computer maker, Wednesd
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Aug. 24, 1990.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 29, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 33.5
MARITIME BRIEFS
From Wire and Staff Reports |
RENAMED EXXON VALDEZ SAILS FOR SEA TRIALSThe Exxon Valdez, the supertanker involved in the w
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 238.37 off 2.48 which compares
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/29 8/28 Change % Change
VANUATU'S SHIPPING REGISTRY SWELLS
From Wire Reports |
For decades this tropical port, like many in the South Pacific, has been home to a small fleet of ol
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
PAN AM TO HIKE FREIGHT RATES OCT. 1Pan American World Airways said it will hike domestic and
AMEND THE JONES ACT, ALASKA COAL PRODUCERS URGE
Tim Sansbury |
Alaskan coal producers this week offered a low-risk plank for the National Energy Strategy that they
OPEC TO ALLOW OUTPUT HIKES
From Wire Reports |
The Organization of Petroleum Exporting Countries reached an accord Wednesday to permit members to r
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
COURT CHALLENGES US IN UNFAIR TRADE CASES
Richard Lawrence |
The U.S. Court of International Trade is pressing the government to apply tighter guidelines as to w
US NAVY DIVERTS SHIP WITH IRAQ CARGO
From Wire Reports |
The U.S. Navy stopped a ship from entering the Jordanian Port of Aqaba after it was discovered the v
Maritime
LOCAL CUSTOMS OFFICIALS LOOK AT PRIORITIES AS BIG CUTS LOOM
Mark Magnier |
With possible budget cuts of 30 percent or more looming at least for a limited time, the U.S. Custom
BRAZILIAN PRESIDENT HOPES TO WOO FRANCE'S RENAULT
Wire Reports |
President Fernando Collor de Mello hopes France's Renault will be the first automaker to set up a pl
Maritime
CHINA PUSHES IMPROVEMENT IN EXPORT QUALITY
P.T. Bangsberg |
The quality of China's exports is improving, but there's still a way to go, senior officials said We
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA DECIDES MEANS TO RENEW WHEAT STOCKThe U.S. Department of Agriculture will use Commodity
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug 29, 1990 Prices in the spot chemicals table include spot quotations or list prices
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 29, 1990 Copper Total, 9,342. Gold Total, .1,519,595.Silver Total, .256,119,577.
SMALLER OIL COMPANIES CUT WHOLESALE GASOLINE PRICES
Michael Arndt |
Several oil companies lowered their wholesale gasoline prices by as much as a nickel a gallon Tuesda
SEA-LAND, P&O SEAL MAERSK SPACE DEAL
Allen R. Wastler |
Sea-Land Service Inc. and P&O Containers Ltd. are planning to go after a bigger chunk of the traffic
N. ORLEANS RETHINKS WATERFRONT SALE PLAN
Janet Plume |
The Port of New Orleans, its warehouses bursting with coffee beans, may reverse its plan to sell off
BOEING SELLS FIRST 757 FREIGHTER OVERSEAS
Journal of Commerce Staff |
A small Boeing freighter that previously had been operated only by U.S. cargo lines will begin flyin
AVIATION TRAFFIC REPORT
Wire and Staff Reports |
AIR MIDWEST flew 16.1 million revenue passenger miles in July, down from the 17.1 million recorded i
SPOT PRODUCT PRICES
JOC Staff |
Aug. 28, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
DEBT POLICY DIVIDES GOVERNMENT, CHURCH IN THE PHILIPPINES
From Wire Reports |
President Corazon Aquino's government and the Roman Catholic church appear headed for a clash over d
HONGKONG BANK POSTS RARE DROP IN EARNINGS
P.T. Bangsberg |
Hongkong & Shanghai Banking Corp., largest in the colony and with globe- spanning interests, stunned
CUSTOMS SEIZES GOODS BOUND FOR IRAQ, KUWAIT
From Wire Reports |
Roughly $8 million in goods destined for or coming from Iraq and Kuwait were seized by U.S. Customs
Maritime
APPEALS COURT ISSUES SETBACK FOR RAINBOW
WILLIAM DiBENEDETTO |
The U.S. court of appeals here stopped Rainbow Navigation Co.'s winning streak in its battles with t
Maritime
SPECULATIVE SELLING PUSHES COCOA LOWER
Knight-Ridder Financial |
Cocoa futures were sharply lower Tuesday amid speculative selling that triggered stop-loss selling.<
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