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Platts Containers Update
SEA CONTAINERS SELLS ASSETS, REACHES 80 PERCENT OF RECAPITALIZATION
Edwin Unsworth |
Sea Containers Ltd. disclosed Friday it had completed 80 percent of the recapitalization program it
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 12, 1990 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
BETHLEHEM STEEL TO SELL RAIL STAKELACKAWANNA, N.Y. - Bethlehem Steel Corp. has agreed to sel
Rail News
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
PEOPLE - INSURANCE
From Wire and Staff Reports |
SCOR (New York) - John T. Andrews has been named senior vice president and general counsel of SCOR U
NY PORT TO GET STEAM CLEANING PLANT FOR BOXES GENESIS TO BUILD NEWARK FACILITY
David White |
A minority-owned industrial marine cleaning service will establish the first truck and container ste
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEW AIR ACCORD BETWEEN UK, US EXPECTED SOON MANCHESTER KEY ISSUE
Leo Abruzzese |
British transportation officials said they are close to reaching a new agreement with the United Sta
Air Cargo
TANKER LEAK IN BOSTON IS CONTAINED
Michael Lelyveld |
Coast Guard teams and cleanup crews worked Friday to contain a spill of No. 2 home heating oil from
OIL COMPANIES PLAN PAPERLESS TRADING IN UK
Janet Porter |
A number of paperless trading projects involving oil companies and their business partners in Britai
SIMEX POLISHES GOLD CONTRACT CASH SETTLEMENT FEATURE ADDED
Suki Lor |
The Singapore International Monetary Exchange's gold futures contract is likely to have a fair chanc
SCRAP STEEL PRICE DIP WEIGHS ON JOFC INDEX
Howard Simon |
The Journal of Commerce Industrial Price Index was pulled down late last week by lower scrap steel p
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * JofC Industrial Price Index 6A* James M. Nevler -
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
E. GERMANY LIFTS BAN ON FOREIGN INVESTMENTEast Germany opened the floodgates to Western capi
Maritime
FOREIGN INVESTMENT LAW CAUSES LITTLE PAIN
Keith M. Rockwell |
When a provision giving the president the power to block foreign takeovers made its way into the 198
MARITIME BRIEFS
From Wire and Staff Reports |
SHIPOWNERS PROTEST ERITREAN REBEL ATTACKSCOPENHAGEN, Denmark - A group representing shipowne
Maritime
MAJOR HEROIN SHIPMENT SEIZED AT LONG BEACH
Bill Mongelluzzo |
A shipment of 140 pounds of heroin, said to be the largest single seizure of the drug ever in Southe
Maritime
BID TO UNCLOG CONN. ARTERY PRODUCES WEAK RESULTS
Journal of Commerce Staff |
An attempt to speed the flow of traffic on an important trucking artery has produced weaker-than-exp
Trucking News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Jan. 6, total piggyback freight hauled on the nation's major railroads, which is
Rail News
INSURANCE BRIEFS
From Wire and Staff Reports |
PERSONAL-INJURY FIRM'S TOP LAWYERS INDICTEDThe head of what was once one of the nation's lar
TIGHT SUPPLIES COULD THREATEN WHEAT SUBSIDIES
Kevin Commins |
Wheat exports probably will drop in the coming months, in part because the government may be less wi
GA. CHIEF FAVORS VERBAL THRESHOLD TO LIMIT AUTO SUITS, LOWER COSTS
Craig Dunlap |
Georgia's insurance commissioner favors a verbal threshold to limit the number of automobile acciden
NY/NJ PORT AUTHORITY PRAISED FOR MINORITY CONTRACT AWARDS
(Ap) |
The Port Authority of New York & New Jersey awarded a record $105 million in contracts last year to
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
US BUSINESS EXPECTS TOUGH TIME IN CHINA
Helen Berg |
U.S. businesses operating here are welcoming the lifting of martial law as a symbolic gesture, but t
Maritime
JAPAN'S INFLUENCE IN US EXPECTED TO INCREASE SUBSTANTIALLY IN 1990S
James J. Mitchell |
Japanese influence on the American workplace and economy will increase substantially in the 1990s, a
Maritime
JAPAN'S MEIJI LIFE BUYS BANK STAKE
Knight-Ridder Financial |
Japan's Meiji Mutual Life has bought a 1 percent share in the Hongkong and Shanghai Bank, making it
CRB FUTURES OUTLOOK
James M. Nevler |
COPPER PRICES RESPONDED apathetically to Bougainville Copper's recent announcement that itwas mothba
PEOPLE - OIL/GAS
From Wire and Staff Reports |
NEW YORK OIL HEATING ASSOCIATION (New York) - Dennis Griesing resigned as executive vice president,
GASOLINE PRICES RISE IN MICHIGAN
Journal of Commerce Staff |
Michigan gasoline prices soared for a second consecutive week, with prices now generally up as much
MINNEAPOLIS REPORTS RECORD GRAIN VOLUME
Knight-Ridder Financial |
Heavy buying of American wheat by the Soviet Union and China coupled with drought-reduced supplies c
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
PLASTICS SHIPPERS FIND NEW WAY TO GET THEIR PRODUCT TO CHINA
Alan Abrams |
Despite a drop in plastics exports to China since the Tiananmen Square crackdown last June, U.S. pla
Transport, Trade and Regulation News
BALTIMORE STRIKE DEADLINE WAIVED
Journal of Commerce Staff |
About 2,000 union dockworkers will vote Friday on a labor contract extension at the Port of Baltimor
Maritime
LARRY KAUFMAN'S INSIDE TALK ON TRANSPORTATION
Larry Kaufman |
STEP ON SENSITIVE POLITICAL TOES or produce Pablum; that appears to be the conundrum faced by drafte
Rail News
ENERGY BRIEFS
Wire and Staff Reports |
ARGENTINE REACTOR IS BACK IN SERVICEBUENOS AIRES, Argentina - Atucha 1, Latin America's firs
MUNICIPAL BOND VOLUME SEEN RISING THIS YEAR INSURED PORTION MAY EXCEED 26 PERCENT
Cristina Lee |
New-issue, tax-exempt municipal bond volume is expected to rise by 4 percent to $120.6 billion this
FREIGHT FUTURES
Barry Parker |
PRICES OF OCEAN FREIGHT FUTURES CONTRACTS moved up last week to near the previous highs set in recen
Maritime
INSURANCE REGULATOR'S MOVE RAISES EYEBROWS
Lorraine Iannello |
Ethical questions have been raised because New York state's departing top insurance regulator will j
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