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INCHCAPE BUYS CONTROL OF SOUTHERN STEAMSHIP
William Armbruster |
Inchcape PLC, the London-based international services and marketing group, acquired a controlling i
NEW BARGE LINE SET TO ENTER BOLD PUERTO RICO BOX VENTURE SERVICE LINKS NC, SAN JUAN
Craig Dunlap |
A new tug-barge carrier will boldly go where no tug operator has survived before - the financially t
ATLANTIC CARRIERS CONSIDER HIKING FUEL SURCHARGE
Allen R. Wastler |
Ocean carriers on the North Atlantic, reacting to the crisis in the Middle East, are considering a h
SPOT GASOLINE PRICES RISE IN NY
Knight-Ridder Financial |
Spot prices of barge lots of premium unleaded gasoline in New York harbor continued to firm Tuesday
MARITIME BRIEFS
From Wire and Staff Reports |
ERNEST NEWMAN DIES, LED SOUTHERN OVERSEASErnest W. Newman, president of Southern Overseas Co
Maritime
NEWS SUMMARY
JOC Staff |
* Don C. Becker - Publisher's Notebook 10A * Allen Wastler - Inside Talk on Shipping 3B* Ric
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 14, 1990Bid AskedCopper-
MIDAM YEN FUTURES TO BE LISTED ON CBT DURING NIGHT SESSION
Knight-Ridder Financial |
The Chicago Board of Trade said Tuesday it would list MidAmerica Commodity Exchange yen futures, beg
GUILFORD SAYS LAWMAKERS INFLUENCED ICC RULINGS
TOM McNIFF Jr. |
Several of the nation's highest profile lawmakers are on a list of members of Congress alleged by Gu
RICHARD MALKIN'S AIR CARGO FOCUS
Richard Malkin |
As long as I've written about this industry, there have been lamentations from all quarters about th
SOVIET TRAINING SHIP ARRIVES IN NY HARBOR
David F. White |
She showed up off Staten Island at 11:30 a.m., stately, majestic, her sails silver in the sun and he
Maritime
IRAQ RELIES ON IMPORTS FOR 80 PERCENT OF ITS FOOD
From Wire Reports |
Iraq, target of a world trade embargo, depends on imports for about 80 percent of its food, French o
HILLS: US SOON WILL ANNOUNCE NEW SUGAR PLAN TARIFF RATE SYSTEM PLANNED
Knight-Ridder Financial |
U.S. Trade Representative Carla Hills said the Bush administration wouldannounce soon a new
WORLD GRAIN OUTPUT SEEN MEETING DEMAND
From Wire Reports |
World grain production this year should cover international food needs this year for the first time
AIR PRODUCTS SELLS 50 PERCENT SHARE OF FACILITY
Journal of Commerce Staff |
Air Products and Chemicals Inc. of Allentown, Pa., sold a 50 percent equity interest in a $190-milli
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA Salon International Mode Masculine Montreal. Aug. 18-20. Montreal. Menswear. C
Maritime
ASIAN FUTURES
JOC Staff |
Aug. 14, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
NAVISTAR INTERNATIONAL WIDENS ITS HEAVY TRUCK SALES LEAD
Michael S. Lelyveld |
Navistar International Transportation Corp. widened its whisker-thin lead over Paccar Inc. by anothe
CHEMICAL TESTS MAY HELP OIL EMBARGO ENFORCEMENT
From Wire Reports |
Chemical tests can prevent Iraqi and Kuwaiti crude from trickling through a U.N.-imposed embargo, a
INSURERS PUT JORDAN CARGO ON WAR-RISK LIST
Janet Porter |
Underwriters in the London insurance market Tuesday imposed a surcharge on cargoes destined for Jord
TRADE BRIEFS
Wire and Staff Reports |
JANE'S: IRAQ ATTEMPTED TO BUY GAS ANTIDOTEIraqi agents tried to buy nerve gas protection kit
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These*trade*leads are supplied through the*World*Trade*Center*NETWOR K, a service of the
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in wareh
PRECIOUS METAL GAINS PARED
Knight-Ridder Financial |
Precious metals values were pared significantly on a round of profit-taking following an easing in c
BEARISH TONE IN COCOA CONTINUES
Knight-Ridder Financial |
Cocoa futures were lower Tuesday on broad-based selling prompted by the markets generally bearish to
LUFTHANSA GETS OK TO SWITCH OPERATIONS IN ALASKA TO FAIRBANKS
Leo Abruzzese |
The Department of Transportation granted Lufthansa German Airlines cargo rights to Fairbanks, Alaska
ICC SUSTAINS ARBITRATOR'S DECISION IN GUILFORD DISPUTE WITH LABOR
Geoffrey Brown |
The Interstate Commerce Commission voted Tuesday to sustain an agreement imposed by an arbitrator in
SENATE FAVORS EXCLUSION OF SHIP ISSUES FROM GATT
Journal of Commerce Staff |
A majority of the U.S. Senate supports the exclusion of maritime transportation issues from multila
Maritime
CRISIS HITS BAHRAIN'S OFFSHORE BANKING MART
From Wire Reports |
The Iraqi invasion of Kuwait has seriously undermined confidence in Bahrain's offshore banking marke
COMMODITY BRIEFS
From Wire and Staff Reports |
PANEL FAVORS CANADA IN RULING ON PORK DUTYA panel of the General Agreement on Tariffs and Tr
ASBESTOS CLAIMS CONSOLIDATION BEGINS
From Wire Reports |
In the first step toward consolidating many of the nation's asbestos cases, a federal judge indicate
JAPAN MAY BOOST MIDEAST AID FOR THOSE HIT BY SANCTIONS
A.E. Cullison |
The Kaifu administration is expected to step up financial aid to Middle East nations hit by side eff
MEXICAN DEBT PACT SUBSIDY DENIED
(Ap) |
A senior Treasury official Tuesday vigorously denied a congressman's charge that the Bush administr
CHRYSLER TALKS FOREIGN TIES
From Wire Reports |
Chrysler Corp., the only big U.S. carmaker without a significant overseas presence, is discussing po
Maritime
DOLLAR DROPS VS. MARK
Knight-Ridder Financial |
The U.S. dollar dropped in late trading in London on selling pressure due to narrow volume.
ALLEN WASTLER'S INSIDE TALK ON SHIPPING
Allen Wastler |
SCUTTLEBUTT HAS IT that the surcharge employed by the North Atlantic conference of steamship lines t
Maritime
EASTERN POSTS LOSS IN SECOND QUARTER
Journal of Commerce Staff |
Eastern Air Lines lost $35.6 million on revenue of $545.2 million in the second quarter, after a gai
EMPTY BINS FORCE GRAIN ELEVATOR OWNERS OUT OF BUSINESS
(Reuter) |
Gleaming grain elevators have dotted the nation's countryside for decades, storing wheat, corn and o
PEOPLE - INSURANCE
From Wire and Staff Reports |
NEW YORK LIFE INSURANCE CO. (New York) - Harry Hohn was promoted to chairman of the board of directo
NY BLACKOUT COULD SPELL BIG LOSSES FOR INSURERS
Lorraine Iannello |
When computers died, telephones stopped ringing and the normally frenetic pace of New York's financi
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