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BALTIC FREIGHT INDEX
JOC Staff |
1459 (Apr. 11, 1990) Previous day - 1462 The Baltic International Freight Futures Market in
Maritime
COURT BACKS CREW IN WAGE DISPUTE PANAMANIAN-FLAG SHIPS AFFECTED
David F. White |
In a case that could have broad implications for sailors on Panamanian-flag merchant vessels, a Flor
Maritime
USX MAY CLOSE SOUTH WORKS MILL
JOC Staff |
USX Corp. says it is considering shuttering the remnants of its rusting South Works steel mill, a mo
SOUTHERN PERU COPPER SEEKS TO DEFER NEAR-TERM SHIPMENTS
Knight-Ridder Financial |
Southern Peru Copper Corp. seeks to avoid near-term shipments of copper cathode, asking its U.S. cli
PHIBRO SEEN PAYING ARBITRATION AWARDS AFTER LOSING APPEAL
Knight-Ridder Financial |
The U.K. company Philipp Brothers Ltd. will certainly pay arbitration awards totaling about 3 milli
COMMODITY BRIEFS
From Wire and Staff Reports |
FAO PREDICTS 3 PERCENT RISE IN WORLD WHEAT CROPWorldwide production of wheat could increase
W. GERMAN TAX PLAN DRAWS EC THREAT
Bruce Barnard |
The European Community Commission threatened to take legal action to force West Germany to abandon a
RICO ACT EMPLOYED TO FIGHT MARITIME WHITE-COLLAR CRIME
Peter D. Clark |
On March 28, 1990, New York maritime arbitrators awarded a charterer treble (triple) damages of $368
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
SMIDT, VARIG PRESIDENT, DIES IN NEW YORKNEW YORK - Helio Smidt, president of Varig Airlines
BURNLEY DEFENDS SUCCESSOR'S TRANSPORT POLICY
WILLIAM DiBENEDETTO |
A former transportation secretary defended his successor's national transportation policy, but said
MEMOREX TELEX TO BUY AT&T UNIT
From Wire Reports |
American Telephone & Telegraph Co., streamlining its computer business, said Tuesday it is selling a
GORDON PLATT'S CREDIT OUTLOOK
Gordon Platt |
LOWER INTEREST RATES may be needed soon to keep the U.S. economy from stalling. Economists s
RICHARD MALKIN'S AIR CARGO FOCUS
Richard Malkin |
S.J. Hofstra might be piloting one of KLM's combis if he hadn't washed out in pilot training. So the
IMPORT BRIEFS
Wire and Staff Reports |
WEST POINT-PEPPERELL SELLS ARTHUR SANDERSONWest Point-Pepperell Inc. sold its U.K. unit, Art
Maritime
MOSCOW SEEKS NEW TECHNOLOGY EXPORT RULES
(Reuter) |
The Soviet Union urged the West Tuesday to make new rules covering exports to Eastern Europe of sens
Maritime
PANAMA SHIP OFFICIAL: I'M FIGHTING CORRUPTION
Alan Abrams |
The new chief of the Panamanian ship registry admits that corruption was rife in Panama's consulates
CONOCO LEADS SHIFT IN US TO DOUBLE-HULLS
David F. White |
Conoco Inc. Tuesday said it will require all its new oil tankers to be of double-hull construction b
SEA-LAND, MONTGOMERY SIGN TRANSPORT PACT
Journal of Commerce Staff |
Sea-Land Service Inc. and Montgomery Tank Lines, Plant City, Fla., said they have reached agreement
Maritime
PHILADELPHIA ELECTRIC POSTS NUCLEAR RECORD
Journal of Commerce Staff |
Philadelphia Electric Co. said Tuesday that 85 percent, a record level, of the electricity the compa
SPOT PRODUCT PRICES
JOC Staff |
Apr. 10, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
COST OF CREDIT
JOC Staff |
Tue., April 10, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
COMMODITY BRIEFS
From Wire and Staff Reports |
SOVIETS BOOK WHEAT UNDER US BONUS PLANKANSAS CITY, Mo. - The Soviet Union Tuesday booked 125
BELLINGHAM PORT SET TO CONSIDER FAR-OUT REQUEST WAIVER URGED FOR 'SAUCERS'
John Davies |
The Port of Bellingham, Wash., doesn't get too many requests to waive landing and dock fees for extr
Maritime
ILA DISTRICT ELECTS HOLLAND TO SERVE UNEXPIRED TERM
Journal of Commerce Staff |
Benny Holland Jr. was elected to serve the unexpired term as president of the International Longshor
Maritime
LATINS COULD PROVIDE CURE TO US DEFICIT
Chicago Tribune |
For U.S. exporters, especially those based in the Midwest, Latin America holds much greater promise
Maritime
FISCAL PROBLEMS IMPERIL MASS. HIGHWAY PROJECT STATE UNABLE TO MATCH FUNDS
Michael S. Lelyveld |
A top federal highway official expressed "serious concerns" Monday about Massachusetts' ability to f
EXPORT BRIEFS
Wire and Staff Reports |
JAPAN URGED TO OPEN PROBE OF AUTO INDUSTRYBoone Corp., a U.S. investment company, Tuesday ca
Maritime
CONSUMER PRICES RISE 20,266 PERCENT IN ARGENTINA
From Wire Reports |
Argentine consumer prices rose a staggering 20,266 percent in the 12 months ending in March, accordi
BALTIC FREIGHT INDEX
JOC Staff |
1462 (Apr. 10, 1990) Previous day - 1462 The Baltic International Freight Futures Market in
Maritime
PORTS OF SINGAPORE, SEATTLE SIGN ELECTRONIC DATA PACT
John Davies |
Ports in Singapore and Seattle this summer will begin carrying out electronic data interchange of sh
MAERSK GETS UN AWARD FOR RESCUES
Journal of Commerce Special |
Danish shipping company A.P. Moller-Maersk Line received an award Tuesdayfrom the United Nat
Maritime
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
BECHTEL WINS CONTRACT FOR HONG KONG PROJECTHONG KONG - Bechtel Inc. was awarded the first pr
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These trade leads are supplied through the World Trade Center NETWORK, a service
Maritime
LLOYD'S SYNDICATE TO INSURE 'GAS' TANKS
TOM McNIFF Jr. |
A Lloyd's of London syndicate, taking advantage of a Tennessee-based underground tank insurer's fina
FINANCIAL BRIEFS
Wire and Staff Reports |
VENEZUELA TO LOWER IMPORT DUTIES BY 30 PERCENTCARACAS, Venezuela - Venezuela is to reduce im
JAPANESE PUT ROSY FACE ON GROUP OF 7 MEETING YEN MARTS TAKE DIFFERING VIEW
From Wire Reports |
Japanese efforts to label a meeting of the Group of 7 nations a success in winning support for the y
1992 - THE EUROPEAN COMMUNITY ROUNDUP. WEEK OF APRIL 9. BRIEFS
Journal of Commerce Staff |
Sir Leon Brittan, European Community competition commissioner, said last week in Bonn that the EC's
Maritime
SAMUEL FORTUNATO SWORN INTO NJ'S TOP INSURANCE POST SOME QUESTION INSURER PENSION
(Ap) |
The Joint Committee on Ethical Standards will hold a hearing April 19 to determine if Samuel F. Fort
HEAVY TRUCK SALES FELL IN MARCH
Michael S. Lelyveld |
It was anything but spring in the heavy truck industry last month as sales moved like molasses in Ja
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