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Platts Containers Update
S. KOREAN WON CONTINUES TO DECLINE
Knight-Ridder Financial |
The South Korean won fell against the U.S. dollar Thursday for the fourth day in a row. The fall wa
HEALTH-MINDED AMERICANS CRAVE ITALIAN OLIVE OIL IMPORTS SURGED IN LAST 5 YEARS
Rosy Nimroody |
American consumers, increasingly mindful of their health, are becoming big buyers of olive oil, a ma
Maritime
PEOPLE - CHEMICALS
From Wire and Staff Reports |
AIR PRODUCTS AND CHEMICALS INC. (Allentown, Pa.) - Frank J. Ryan, president and chief operating offi
MARITIME CALENDAR
JOC Staff |
SOCIETY OF MARINE CONSULTANTS. March 28. New York. Luncheon and seminar on the impact of higher desi
Maritime
CONTAINERSHIP LINES ENJOY BROAD VOLUME GAIN
Alan Abrams |
Civilian containerized cargo traffic between American and foreign ports rose for almost all ocean ca
TRAVELERS BEGINS CUTS IN PERSONAL LINES FORCE
Janet Aschkenasy |
Travelers Corp. has begun eliminating between 500 and 600 positions in 75 field offices nationwide a
TOBACCO, FINANCES TO BE BAT FOCUS IN DEFENSIVE MOVE
From Wire and Staff Reports |
In a restructuring move aimed at fending off a hostile takeover, BAT Industries PLC plans to focus o
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
SULFUR DIOXIDE Hoechst Celanese Corp. said it is increasing liquid sulfur dioxide prices by
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CURRENT ACCOUNT DEFICIT IN THE UK NARROWSThe United Kingdom's seasonally adjusted current ac
SOVIETS TO BUY MORE US GRAIN IN NEW ACCORD
Paul S. Tosto |
U.S. negotiators have agreed on the terms of a new long-term grain treaty with the Soviet Union that
FINANCIAL BRIEFS
Wire and Staff Reports |
MEXICAN DEBT REDUCES PROFITS OF JAPAN BANKSThe combined profits of Japan's 13 city banks wil
FIGURES INDICATE STRONG GROWTH IN NEW SHIP ORDERS FOR OECD COUNTRIES
Journal of Commerce Special |
New ship orders received by 14 of the 24 countries of the Organization for Economic Cooperation and
Maritime
LIBERALIZATION OF TRADE EXPECTED AT COCOM TALKS
Michael S. Lelyveld |
The easing of rules governing trade among U.S. allies and with emerging East European nations is no
Maritime
JAPANESE INVESTORS TURN TO US AS YEN PLUNGES
Gordon Platt |
The plunging yen is driving Japanese investors to the U.S. bond market, pushing U.S. interest rates
PACIFIC SHIPPING COSTS OUTRAGE US EXPORTERS
Bruce Vail |
A simmering feud erupted into open hostilities this week between containership operators in the tran
WORLD RICE TRADE FORECAST TO DROP 10 PERCENT THIS YEAR
Knight-Ridder Financial |
World trade in rice will fall to 12.7 million metric tons in 1990, a 10 percent decline over 1989 le
SPOT PRODUCT PRICES
JOC Staff |
Mar. 22, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
TAX LEGISLATION TARGETS US UNITS OF FOREIGN FIRMS
From Wire Reports |
Charging that U.S. companies with foreign owners were not paying their taxes, senior House Democrats
OFFICIALS BELIEVE INDIA BETTER WITHOUT COKE EVEN PEPSICO DECRIES MOVE
(Ap) |
Coca-Cola Co. lost its bid to return to India Wednesday when the government turned down an applicati
Maritime
LOST IN OUTCRY OVER GROUNDINGS IS SUBJECT OF SAFE PORTS, BERTHS
Peter D. Clark |
Over the past two decades the public has been outraged by ocean vessel groundings and the related en
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
GLOBAL RUBBER GROUP GOES ON BUYING SPREEThe International Natural Rubber Organization, or In
IMMIGRATION LAWS HOBBLE US COMPANIES
William Armbruster |
When a large American manufacturer wanted to hire a British woman working in the United Kingdom as a
COMMODITY BRIEFS
From Wire and Staff Reports |
EC BACKS EXTENSION OF COCOA AGREEMENTEuropean Community delegates at the International Cocoa
PEOPLE - ENERGY
From Wire and Staff Reports |
ASEA BROWN BOVERI LTD. (Stamford, Conn.) - George Kimmel resigned as president and chief executive o
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MALAYSIA SEES GROWTH IN AIR CARGO
Journal of Commerce Special |
The air cargo industry in Malaysia is expecting further rapid expansion over the coming few years, a
JAPANESE BUY US 'ZEROES' TO OFFSET BIG LOSSES
Norval Loftus |
Japanese institutions have been aggressive buyers of U.S. Treasury zero- coupon bonds at prices well
PICKENS URGES PROBE OF JAPANESE PRACTICE OF CORPORATE LINKS
Journal of Commerce Staff |
A leading American entrepreneur suggested Wednesday that the U.S. government probe allegedly anti-co
SEC MEMBER ENDORSES MERGER OF TWO AGENCIES
Sherie Winston |
A merger of the Securities and Exchange Commission and the Commodity Futures Trading Commission woul
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/21 3/20
UK POUND HITS LOW ON FEARS OF INFLATION
Gordon Platt |
The pound sterling fell sharply against the dollar and the deutsche mark Wednesday, and hit a record
PEOPLE - COMMODITIES COMEX BOARD RE-ELECTS SUSKIND
Journal of Commerce Staff |
The board of governors of Commodity Exchange Inc. Tuesday announced that Dennis A. Suskind, partner,
AMERICAN AIRLINES LAUNCHES BAR CODE SYSTEM FOR CARGO
Tony Seideman |
American Airlines is apparently the first U.S. passenger carrier to start using bar codes for its ca
GASOLINE AND DISTILLATE SUPPLIES DECLINE, API BULLETIN SAYS
Journal of Commerce Staff |
Primary inventories of gasoline and distillate fuel stocks declined, the American Petroleum Institut
YEAR AFTER SPILL, INDUSTRY FLEXES MUSCLE IN ALASKA
Michael Zielenziger |
A year ago Saturday, the only thing more scorned in Alaska than the oil industry was Capt. Joseph Ha
WASHINGTON TIFF, DREXEL STALL YARD DECISION
Michael S. Lelyveld |
The bankruptcy of Drexel Burnham Lambert Inc. has delayed for months a decision on the opening of a
Maritime
LONG-TERM TANKER CHARTERS FORECAST
Janet Porter |
A revival of longer-term charters for the tanker market is forecast as the number of laid-up vessels
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
GATT REPORT FORECASTS SLOWDOWN IN WORLD TRADE GROWTH THIS YEAR
John Zarocostas |
Growth in world merchandise trade is expected to slow to the 5 percent to 6 percent range this year,
Maritime
TRADING WITH EAST GERMANY CHANGES GET OFF TO FAST PACE
Charles Thurston |
The pace of unifying the East and West German economies has picked up, and U.S. business executives
Maritime
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