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Platts Containers Update
MANILA RECORDS 12 PERCENT HIKE IN CARGO
P.T. Bangsberg |
Cargo handled at the Philippines' Port of Manila increased 12 percent in volume last year to 31 mill
Maritime
NEW-CROP WHEAT PRICES HINGE ON VOLUME OF EXPORT DEMAND
Janell Good |
Strong export demand will have to return before new-crop wheat futures canbreak out of their
JAPAN TO EASE FUTURES TRADING REGULATIONS
Knight-Ridder Financial |
Japan's government will revise a long-standing Commodity Trading Act, liberalizing Japanese futures
FALCON SHIPPING GROUP NEARS DEFAULT ON SECOND TANKER MILITARY SEALIFT COMMAND BLAMED FOR PROBLEMS
WILLIAM DiBENEDETTO |
The Falcon Shipping Group is nearing a $29 million default on the second of two tankers that were on
Maritime
OPEC CUTS FAIL TO MEET EXPECTATIONS
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries failed to reduce January crude oil production by 1
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
FORMER TODD SITE IN LA MAY HOUSE SMALL YARD PLANS INCLUDE SHIP TERMINAL
Bill Mongelluzzo |
The former Todd Shipyards site at the Port of Los Angeles may be redeveloped as a combination ship r
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
LYKES ADDS LE HAVRE TO US-EUROPE SERVICENEW ORLEANS, La. - Lykes Bros. Steamship Co. said it
Maritime
INTERNATIONAL PAPER CO. SEEKS QUALITY PROGRAMS FOR RAILROADS SHIPPERS SEEK FEWER SUPPLIERS
Gregory S. Johnson |
With quality improvement programs now in place with its truckers, International Paper Co. looks to d
Transport, Trade and Regulation News
MORTON INTERNATIONAL TO BUY WHITTAKER UNIT
Knight-Ridder Financial |
Morton International Inc. will acquire the Whittaker Corp.'s coatings and adhesives division, for ab
BRAZIL MEETS DEADLINE ON SUGAR SHIPMENTS
Journal of Commerce Special |
A last-minute Brazilian court decision and weekend embarkations met U.S. Trade Representative Carla
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
MATSON TO BUY VESSEL FOR HAWAII TRADE USE
Mark Magnier |
Matson Navigation Co. said it has agreed in principle to purchase a vesselfrom the Puerto Ri
TELEVISION MAKERS, NETWORKS SEE GOLD IN HDTV PICTURE
From Wire Reports |
It will be at least two years before the United States selects a standard for high definition televi
Maritime
CONGRESS LIKES PLAN TO CONTROL SOVIET IMPORTS
Keith M. Rockwell |
Key members of Congress are leaning toward supporting a Bush administration proposal for dealing wit
MARITIME HAVEN SOUGHT IN CANADA OTTAWA RESISTS TAX EXEMPTION
John Davies |
In the next six months, a handful of Canadians will try to make big changes in the way their nation
DOLLAR FALLS AS SOVIET SITUATION STABILIZES
Knight-Ridder Financial |
The U.S. dollar declined Monday as the political situation in the Soviet Union appeared to be stabil
SUGAR PROGRAM UNDER PRESSURE LAWMAKERS WEIGH ENVIRONMENTAL, BUDGET CONCERNS
Howard Simon |
The chairman of the House Agriculture Committee told sugar industry executives Monday that U.S. farm
HAZELWOOD TRIAL BEGINS NEARLY A YEAR AFTER SPILL
Tim Moffatt |
For seven hours before he boarded the Exxon Valdez for its ill-fated trip, her skipper, Joseph Hazel
S. KOREA MOVES TO EASE CURRENCY RULES
Knight-Ridder Financial |
The Ministry of Finance Monday announced it will ease foreign exchange regulations March 1, allowin
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
BLAST HITS POWER PLANT IN NORTHERN AZERBAIJANA unit at one of the largest hydroelectric stat
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
POLISH JOBLESS RATE SURGED IN JANUARYWARSAW, Poland - The number of unemployed in Poland jum
Maritime
ALCOHOL, DRUGS, FATIGUE CITED IN FATAL ACCIDENTS
Leo Abruzzese |
One-third of the truck drivers killed in recent highway accidents tested positive for alcohol or ill
Trucking News
COAST GUARD PLANS TO REVIVE NEW YORK VESSEL TRAFFIC SERVICE
WILLIAM DiBENEDETTO |
The Coast Guard is proposing to revive the New York vessel traffic safety service closed down in 198
Maritime
IP SOLVES PROBLEM OF DIRTY BOXCARS
Journal of Commerce Staff |
International Paper Co. knows the horrors of failing to communicate. About a year ago, the M
Transport, Trade and Regulation News
AUSTRALIA, USSR FORGE COMMODITIES AGREEMENT
Mark D. Berniker |
When Soviet Prime Minister Nikolai Ryzhkov travels to Australia next week, the Soviet Union will con
DOUGLAS AIRCRAFT MAY LOSE SOME WORK TO ST. LOUIS PLANT
(Ap) |
McDonnell Douglas Corp., facing the end of two military aircraft contracts by 1993, may shift some w
Air Cargo
CORRECTION
JOC Staff |
Paul Hyman is the director of industry services for the Air Transport Association of America. His af
Air Cargo
LEBACK URGES PRESERVATION OF PORT LAND INTERMODAL LINKS AT RISK
David F. White |
Warren G. Leback, U.S. maritime administrator, Monday urged federal, state and local officials to co
Maritime
COST OF 'MEDIGAP' LIKELY TO INCREASE
Lorraine Iannello |
The cost of health insurance to supplement government-sponsored Medicare is likely to increase in 19
COMMODITY BRIEFS
From Wire and Staff Reports |
US FARM MISSION SET FOR VISIT TO POLANDA team of seven U.S. agricultural experts will travel
TANK INSURANCE A GROWING ISSUE FOR RETAILERS
Tim Sansbury |
Obtaining insurance for underground petroleum storage tanks is a problem that's growing worse, a tra
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BALTIC FREIGHT INDEX
JOC Staff |
1619 (Feb. 5, 1990) Previous day - 1638 The Baltic International Freight Futures Market in L
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
NS INTERMODAL FACILITY OPENS IN OHIO CITYCOLUMBUS, Ohio - Norfolk Southern Corp. opened an i
Trucking News
FREIGHT FUTURES
Barry Parker |
LAST WEEK was a quiet one for freight futures traders, with the Baltic Freight Index continuing to d
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/2 2/1
INSIDE TALK ON INSURANCE
Janet Aschkenasy |
WHO'S RESPONSIBLE FOR THE RATE COMPETITION that still refuses to abate in property/casualty markets?
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
SOVIET-WEST VENTURES STUMBLE OVER STANDARDS
Rosalind Rachid |
Some time ago, the Soviet Union sold a piece of capital equipment to a buyer in Austria. The
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