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NC PORT PUTS FOCUS ON MARKETING
Craig Dunlap |
A year of so from now, when New York-area steamship executives hear someone mention Wilmington, Nort
Maritime
HOUSE PANEL HEARS NEED TO REPLACE COAST GUARD NAVIGATION AID FLEET
WILLIAM DiBENEDETTO |
A House maritime subcommittee learned Tuesday that the Coast Guard's aging fleet of seagoing buoy te
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
HONG KONG BULLISH ON NEW CONTRACTA new futures contract scheduled to debut in Hong Kong toda
CHEMICAL DIVERSION LAW MEETS PILE OF OBSTACLES
John Maggs |
A U.S. effort to stop the export of chemicals used to refine cocaine seems doomed to failure by a la
CME TO OUTLINE LIABILITY PROPOSAL ON GLOBEX SYSTEM
Mark Kollar |
The Chicago Mercantile Exchange is expected to propose new rules about liability limitations on the
WORKING RIG COUNT DECLINES BY 6 TO 931
(Ap) |
The number of working U.S. oil and gas rigs continued to decline this week, dropping by six to 931,
OIL MARKETERS DEBATE HANDLING OF PRICE OUTCRY
Tim Sansbury |
Petroleum marketers meeting here this week split sharply over the way their industry handled the pub
BANK MUST PAY OVER $15 MILLION FOR LAUNDERING
From Wire Reports |
A major international bank was ordered to forfeit more than $15 million after pleading guilty to dru
SAUDIS ADJUST PRICES OF CRUDE TO JAPAN
Knight-Ridder Financial |
Saudi Arabia told Japanese oil companies Tuesday that it would hike crude oil prices for Arab Light
CEASE-FIRE ENDS IN HORMONE WAR BETWEEN US, EC
Bruce Barnard |
One of the most bitter trans-Atlantic trade spats, the "hormone war," has reared its ugly head once
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
RISK MANAGERS, BROKERS TOLD TO STRESS ETHICS
From Wire Reports |
Risk managers and brokers who exploit market cycles for their own interest should analyze the financ
PUBLISHER'S NOTEBOOK
Don C. Becker |
Want to cut travel expenses? Try video-conferencing.Alex Mandl, chairman of Sea-Land Service
DISASTER-AID PROGRAM VS. CROP INSURANCE
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter Tuesday proposed that the 1990 farm bill es
PHILLIPS STUDIES MOTOR-FUEL PROPANE SALES
John Boyd |
Phillips Petroleum Co. is poised to start marketing propane in Denver for motor vehicles, the first
DOLLAR GAINS IN ACTIVE TRADING ON POLITICAL, TECHNICAL FACTORS
Knight-Ridder Financial |
The U.S. dollar rose against the deutsche mark and the yen Tuesday in active trading. Tradin
BALTIC FREIGHT INDEX
JOC Staff |
1606 (Feb. 6, 1990) Previous day - 1619 The Baltic International Freight Futures Market in L
Maritime
GROWTH SQUEEZES LOCAL AGENTS' ROLE
Allen R. Wastler |
Restaurants and ports have something in common: If they are good, they get discovered. Business bui
CONRAIL CUTS INJURIES BY 22 PERCENT
Journal of Commerce Staff |
Consolidated Rail Corp. credits a new safety program for the carrier's 22 percent reduction in job-r
Rail News
CARGO FELL 6.5 PERCENT LAST YEAR
WILLIAM DiBENEDETTO |
With somber 1989 cargo figures and a restive group of unemployed longshore clerical workers on hand,
EUROPE'S DEFENSE INDUSTRY HEADED FOR CONSOLIDATION
From Wire Reports |
A spate of acquisitions and joint ventures is changing the landscape of Western Europe's defense ind
Maritime
CHILEAN PRICES INCREASE 2.5 PERCENT
Knight-Ridder Financial |
Chilean prices rose 2.5 percent in January, up from 2.1 percent in December and 1.1 percent a year a
SOME BANKS OFFERING TO SELL THEIR SOVIET DEBT AT DISCOUNT
Janet Porter |
The deepening economic crisis in the Soviet Union is persuading some banks to sell the loans they ha
SEA-LAND SHAKE-UP IN MANAGEMENT HITS ATLANTIC DIVISION
Journal of Commerce Special |
Sea-Land Service Inc. has named four vice presidents and directors to its Atlantic division, all of
Maritime
LOW INFLATION ABROAD SEEN THREAT TO US EMPLOYMENT
Knight-Ridder Financial |
The United States runs the risk of losing jobs as long the U.S. inflation rate remains above West Ge
CN-WERTHEIM BID TOPS CP OFFER FOR D&H RAILWAY
Howard S. Abramson |
In the continuing race for a long unwanted railroad, Canadian National Railways and Wertheim Schrode
Rail News
NY DOCKER ARRESTED FOR CONSPIRACY TO 'KNEE-CAP' BOSS
David F. White |
When the Waterfront Commission of New York Harbor announced the arrest last week of a port warehouse
Maritime
US AGAIN WORLD'S TOP EXPORTER
Richard Lawrence |
The United States last year reclaimed its position as the world's largest exporter of goods and serv
Maritime
CONGRESS AWAITING BUSH DECISION ON BILL LISTING CHINA SANCTIONS
Richard Lawrence |
Congress is waiting to see whether President Bush will decide that it is in the U.S. national intere
Maritime
ACCORD IN FINANCIAL SERVICES CALLED VITAL TO GATT SUPPORT
William Armbruster |
A satisfactory international accord on trade in financial services is crucial to obtaining private s
HEAVY SELLING WEIGHS ON ORANGE JUICE MART
Knight-Ridder Financial |
Frozen concentrated orange juice futures tumbled Tuesday on commission house and speculative selling
FARM BILL PROPOSALS UNVEILED
From Wire and Staff Reports |
U.S. Agriculture Secretary Clayton Yeutter Tuesday recommended a continuation of U.S. agricultural e
EXPORT CREDIT RISK MAY RISE FOR EAST BLOC INSURERS WARN OF RATE HIKES
Janet Porter |
Exporting to Eastern Europe may become more risky and more expensive as export credit insurers reass
INTERNATIONAL BRIEFS
Wire and Staff Reports |
CZECHOSLOVAKIA MOVES TO FORM PRIVATE SECTORPRAGUE, Czechoslovakia - The government of Czecho
Maritime
B.C. STENA MAY CONVERT OLD STEAMER INTO MUSEUM
John Davies |
The president of a Swedish shipping line's subsidiary in British Columbia this week will propose tur
Maritime
GERMANS PREPARE CURRENCY CONTINGENCY
Knight-Ridder Financial |
West German Finance Minister Theo Waigel has prepared a contingency plan for quickly introducing the
MARITIME BRIEFS
From Wire and Staff Reports |
STEEL MILL PLANNED AT BURNS HARBOR, IND.PORTAGE, Ind. - The city council of Portage, Ind., w
Maritime
EC PREDICTED TO BECOME LEADER IN SHIPPING VIA UNIFIED REGISTRY
Jacob Daniel |
Ship tonnage controlled by member countries of the European Community could account for up to 40 per
Maritime
CALIF. LEGISLATURE WEIGHING INSOLVENCY PROTECTION PLAN
Jerry Goldberg |
California legislators are considering a package of insurance reforms designed to protect policyhold
GEARBULK NAMES LAVINO AS ITS AGENT
Mark Magnier |
Gearbulk Container Services said it has appointed Lavino Shipping Agencies Inc. to be its general ag
Maritime
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