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SHIPOWNERS SEE SAFETY, NEW SHIPS AS PRIORITIES
Edwin Unsworth |
Having managed to recover further in 1989, the shipping industry must now concentrate on the twin is
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 5, 1990Brent Crude Oil(Dollars Per Barrel)
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended6-1 5-25
E. GERMAN INSURANCE DEMAND EXPECTED TO RISE AFTER JULY 2
Lorraine Iannello |
The demand for insurance in East Germany "will rise considerably" after July 2, an insurance broker
NATO ALLIES SEEK TO EASE TRADE CURBS
From Wire Reports |
Western allies began meetings in Paris Wednesday to explore the easing of curbs on high technology
COMMODITY BRIEFS
From Wire and Staff Reports |
LUGAR WON'T BUDGE ON TARGET PRICE FREEZEThe Senate Agriculture Committee is getting strong o
NORTHWEST PORTS PROTEST EXCLUSION FROM SOVIET PACT
John Davies |
Major ports in the Pacific Northwest intend to ask President Bush to change a new U.S.-Soviet mariti
Maritime
SOVIET RADICALS WANT ECONOMY ON FAST TRACK TO FREE MARKET
(Ap) |
Soviet radicals, led by new Russian President Boris Yeltsin, plan to push the process of reforming t
GERMAN WINGS TO RETURN LEASED PLANES
Journal of Commerce Special |
The six leased MD-83 planes used by the bankrupt German Wings airline will be returned to their owne
FRANKFURT BOOSTS CARGO CAPACITY
Miriam Widman |
Import capacity at Frankfurt Airport has increased 60 percent with the recent introduction of a new
DOLLAR RISES ON TECHNICALS
Knight-Ridder Financial |
The U.S. dollar was higher late Wednesday on technical buying in the absence of new fundamental news
FINANCIAL BRIEFS
From Wire and Staff Reports |
FED UNLIKELY TO EASE RATES BEFORE AUGUSTU.S. stock and bond markets, buoyed recently by pros
BREMEN EXPECTS BOOST IN CARGO GREATER DEMAND IN E. EUROPE
David F. White |
The jointly managed ports of Bremen and Bremerhaven in West Germany expect to handle a rising amount
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
CONSOLIDATED FREIGHTWAYS INC. (Menlo Park, Calif.) - Robert T. Robertson was elected senior vice pre
WORLD NEWS AND MARINE WEATHER
JOC Staff |
NO STORY
CP RAIL SEEKS FORMAL APPROVAL OF D&H DEAL
David M. Cawthorne |
A hearing today before a federal bankruptcy court in Wilmington, Del., should indicate when Canadia
JAPAN URGED TO OFFER TRAINING, KNOW-HOW TO DEVELOPING NATIONS
Knight-Ridder Financial |
Japan should offer more know-how on technology, management and industrial policy as part of its econ
MOUNTIES BREAK UP CANADA TRUCK BLOCKADE
John Davies |
Armed with a court order from British Columbia's Supreme Court, the Royal Canadian Mounted Police pe
TRANSPORT CALENDAR
JOC Staff |
FOREIGN FREIGHT TRAFFIC ASSOCIATION, lunch cruise, June 8. From South Street Seaport, New York. Cont
NEWS SUMMARY
JOC Staff |
* Trading With Greece 4A * Tom Connors - Washington 8A* Garamendi Wins. Calif. Insurance Rac
S. AFRICAN GOLD MINES BATTLE LOSSES, CLOSURES
From Wire Reports |
South African gold mines are battling against losses and closure because a slump in the price of gol
YEUTTER: GATT REFORM THREATENED BY JAPAN'S BAN ON RICE IMPORTS
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter Wednesday insisted that Japan loosen its ba
BREMER VULKAN MOVED INTO BLACK IN 1989
Miriam Widman |
Aided by full order books and high utilization of its shipyard capacity, Bremer Vulkan AG moved into
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
JAPANESE BUILDING KEROSENE STOCKS EARLYJapanese refiners have begun building kerosene stocks
POVERTY TARNISHES GLITTER OF WEALTH FROM MAQUILADORAS
(Reuter) |
Gleaming, foreign-owned assembly plants are springing up along the U.S.-Mexican border, attracting d
Maritime
US, ARGENTINA TO DISCUSS SUBSIDIES
Richard Kessler |
Trade talks here Friday between the United States and Argentina will focus on state subsidies for oi
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
US TO PROBE DUMPING OF POLYETHYLENE FILMThe International Trade Commission cleared the way W
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
WAH KWONG NEAR PURCHASE OF SHIP LINE CARRIER POSTS RECORD PROFIT
P.T. Bangsberg |
Wah Kwong Shipping Group Ltd. is close to concluding a deal to buy a European shipping line, the com
Maritime
CUSTOMS GIVES EDIFACT STRONG PRAISE
Tony Seideman |
International standards for paperless trading received their most resounding praise from the U.S. Cu
COST OF CREDIT
JOC Staff |
Wed., June 5, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
SOVIETS WANT US CREDITS, VENTURES TIED TO EXPORTS
Richard Lawrence |
The Soviet Union is pressing the United States for both trade credits and joint business ventures fo
JAPAN SLIDES PAST US-EC FARM TRADE SQUABBLE
Bruce Barnard |
Japan, long the whipping boy in international trade circles, is getting a rare respite from pressure
FREEGOLD MINE CLOSES 2 SHAFTS
Knight-Ridder Financial |
Freegold, the world's largest gold mine, has closed down two shafts on which 921 million rand had be
CALIF. ELECTION RESULTS KEEP INSURANCE ISSUES IN ARENA
Jerry Goldberg |
Insurance issues were guaranteed a prominent position in California politics, when Diane Feinstein,
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
PENTAERYTHRITOL AND TRIMETHYLOLPROPANE Perstorp Polyols Inc. is raising prices of pentaeryth
US COLLEGE BRANCHES BOOM IN MAKE-OR-BREAK JAPAN
Lewis M. Simons |
"Examination hell" looked like doomsday for Kenichi Takeda. Twice, the 21- year-old failed the make-
COMEX METAL WAREHOUSE
JOC Staff |
June 6, 1990 Copper Total, 14,354. Gold Total, .1,749,507.Silver Total, .252,781,312.
NORWEGIAN OWNER HITS SECONDHAND-SHIP CRAZE
Janet Porter |
The short-term horizons of many Norwegian shipowners may have contributed to declining maritime stan
Maritime
AIR FORCE FUEL SWITCH MAY HIKE AIRLINE COSTS
From Wire Reports |
A move by the U.S. Air Force to use the same jet fuel that powers commercial airliners could squeeze
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