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2,000 DIED IN '89 CHINA AIR CRASHES
From Wire Reports |
More than 2,000 people died in 70 plane crashes across China in 1989, making it this country's worst
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PAN AM PROBE RESULTS LIKELY TO CRITICIZE FAA PROCEDURES
From Wire Reports |
A presidential commission investigating the Lockerbie bombing is expected to be highly critical of F
COST OF CREDIT
JOC Staff |
Mon., May 14, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
AVIATION BRIEFS
From Wire and Staff Reports |
JAPANESE GROUP BUYS STAKE IN VOYAGER TRAVELJapanese retailer and hotel group Seibu Saison sa
CLARIFICATION
JOC Staff |
In the story "ConAgra Buys Fleet," on Page 2B of the May 1 Journal of Commerce, it was asserted that
BALTIC FREIGHT INDEX
JOC Staff |
1305 (May 14, 1990) Previous day - 1313 The Baltic International Freight Futures Market in L
Maritime
NEDLLOYD SEES CONFERENCES' EFFECT WEAKENING RATES TERMED UNACCEPTABLE IN SOME TRADES
Janet Porter |
The stabilizing influence of shipping conferences that set tariffs for member lines is declining, th
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 14, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
GLOBAL OCEAN CARRIERS SHIFTS SHIP MANAGERS
Journal of Commerce Staff |
Global Ocean Carriers Ltd. said Monday it is concentrating technical management of its seven bulk ve
Maritime
HOW PHILIPPINE PROGRAM COULD PROFIT US FIRMS
William Armbruster |
American companies that do everything from building roads to making telephones may be able to profit
KOREAN TEXTILES BESET BY PROBLEMS EXPORTS TO US DECLINE 7 PERCENT
Robin Bulman |
Daewoo Corp., the trading arm of one of South Korea's largest conglomerates, saw its U.S.-bound ship
SEN. HELMS THREATENS TO BLOCK GATT PACT
Rosalind Rachid |
Sen. Jesse Helms said he'll see to it that Congress rejects any worldwide agreement to cut world tra
ZONESKIP CHALLENGING UPS FOR ROAD TRAFFIC
Gregory S. Johnson |
Oscar Camejo saw United Parcel Service salesmen every month. Then he decided to try a new package ca
Transport, Trade and Regulation News
NIT LEAGUE BLASTS TRUCKERS' MINIMUM RATE PROPOSAL
Leo Abruzzese |
Freight shippers attacked a trucking industry plan to set minimum transportation rates for moving go
Transport, Trade and Regulation News
SHIPPER REPORT
JOC Staff |
INVENTION STACKS BAGS, BOXES FOR SHIPPINGTwo Canadian inventors claim to have developed a sy
Transport, Trade and Regulation News
SINGAPORE CAUTIONS ON SPILL LEGISLATION
Jacob Daniel |
A member of Singapore's cabinet last week issued a veiled warning that pending U.S. oil spill legisl
Maritime
BOOM TIMES FORECAST FOR SHIP REPAIR YARDS
Janet Porter |
Shipowners face escalating repair and maintenance costs over the next five years as limited yard cap
Maritime
NYSA GIVES SAFETY AWARDS TO DOCKERS, TERMINAL OPERATORS
Journal of Commerce Staff |
A waterfront employers group last week honored four dockworkers and five maritime companies for acco
Maritime
LABOR DEPARTMENT APPROVES ELECTION OF MARITIME UNION
Bruce Vail |
Dissidents in the largest seafaring labor organization in the country suffered a reverse late last w
Maritime
FLEET LINES BEGINS SERVICE TO TURKEY
Journal of Commerce Staff |
Fleet Lines, an ocean freight consolidator, said it started a direct, all- water service to Istanbul
Maritime
HAPAG-LLOYD SHIFTS NEW SHIPS FROM ASIAN TO ATLANTIC TRADES TWO VESSELS TO MAKE MOVE
Alan Abrams |
West German shipping giant Hapag-Lloyd AG is shifting its two newest ships out of the Far East-Europ
Maritime
DEL MONTE TO SELL, LEASE BACK NINE SHIPS
Journal of Commerce Staff |
PPI Del Monte Tropical Fruit Co. announced Monday it would sell nine new refrigerated containerships
Maritime
BRAZILIAN COFFEE CROP ESTIMATES SHOW LIKELIHOOD OF TIGHT SUPPLIES
Tom Murphy |
Private estimates for Brazil's 1990-91 (May-April) coffee crop released last week showed a downward
HIGH COURT FAVORS ARCO IN ANTITRUST DECISION
John Maggs |
Businesses that illegally fix prices to increase market share are not necessarily liable for antitru
COMMODITY BRIEFS
From Wire and Staff Reports |
LEBOWA PLATINUM FIRES 1,500 STRIKING WORKERSJOHANNESBURG, South Africa - Lebowa Platium Mine
LITHUANIA HOLDING TALKS WITH POSSIBLE SUPPLIERS OF OIL
Mark Berniker |
Lithuania has been talking with oil suppliers in Saudi Arabia, Denmark and North America to line up
NY GASOLINE USERS COULD FACE 6.3 CENTS-A-GALLON INCREASE IN TAXES
Journal of Commerce Special |
Consumers will pay about 6.3 cents more for a gallon of gasoline if budget negotiations now going on
SOVIET PARTICIPATION IN OIL PROJECT DOUBTFUL
Knight-Ridder Financial |
Soviet participation in a four-nation venture to develop oil production on the North Yemen-South Yem
SOVIET SALES OF PLATINUM BOOST SUPPLIES JOHNSON MATTHEY RELEASES REPORT
(Reuter) |
Platinum supplies surged to a record high on the world market last yearbecause of increased
COCOA SOARS TO CONTRACT HIGHS
Knight-Ridder Financial |
Cocoa soared to new contract highs on renewed unrest in the Ivory Coast. Prices for the acti
COAL BRIEFS
From Wire and Staff Reports |
COLOMBIAN MINERS END STRIKE AT EL CERREJONBOGOTA, Colombia - Workers at Colombia's largest c
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
NEWS SUMMARY
JOC Staff |
* Commodity Research Bureau 7A * Product Liability Issues Head for Senate Conference 9A* Ned
INSTABILITY LIKELY TO PERSIST TILL INFLATION EASES
Knight-Ridder Financial |
Exchange rates in the long term will be unstable until financial market participants see that world
COURT UPHOLDS MISSISSIPPI DOCKING FEE
Journal of Commerce Staff |
The Supreme Court refused to abolish docking fees charged by Plaquemines Parish, La., to maintain it
Maritime
JAPAN WOULD ALLOW RADIO SHIP IN PORTS BUT NO BROADCASTS
From Wire Reports |
A Japanese Foreign Ministry official said Monday the government would allow the Goddess of Democracy
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
OECD GROUP MEETS ON YARD SUBSIDY ISSUEIndustrialized countries are meeting here for three da
Maritime
TRADE REPRESENTATIVE HINTS OF DELAY IN SOVIET TREATY
Journal of Commerce Staff |
President Bush is considering using bureaucratic procedures to delay an historic trade treaty with t
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