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Platts Containers Update
TWO LINES STRIKE NORTH ATLANTIC SHIP-SHARING ACCORD
Bruce Vail |
Two small containerships will leave the highly competitive North Atlantic trade in early 1990 when a
Maritime
US URGES TOUGHER TRADE RULES ON SUBSIDIES
From Wire Reports |
The United States Thursday called for a ban on domestic government subsidies that distort internatio
Maritime
POSTAL CONGRESS INCREASES INTERNATIONAL REMAIL FEES
Journal of Commerce Staff |
The U.S. Postal Service has won a major victory at the Universal Postal Union Congress. Earl
Air Cargo
PRIME COMPUTER, S. KOREAN FIRM INK EDUCATION VENTURE
P.T. Bangsberg |
Prime Computer Inc. is joining forces with a South Korean company to establish what's described as t
Maritime
MARITIME CALENDAR
JOC Staff |
Kings Point Alumni Association. Dec. 6. New York. Joint luncheon with New York Propeller Club.Guest
Maritime
STUDY URGES FIRMS NOT TO BE INTIMIDATED BY EDI TECHNOLOGY
Tony Seideman |
Companies scared away from electronic data interchange by its thicket of standards and acronyms risk
CUSTOMS UPDATE
JOC Staff |
GSP STATUS FOR HUNGARY. Pursuant to presidential proclamation 6060, dated Nov. 1, 1989, published in
Maritime
DOLLAR TAKES LOW ROAD AS MARK RIDES HIGH
Knight-Ridder Financial |
The U.S. dollar declined Thursday as traders began buying deutsche marks again. Dealers cite
FALCON GETS GAO, CONGRESS' ATTENTION
Journal of Commerce Staff |
Both Congress and its investigating agency, the General Accounting Office, have taken an interest in
Maritime
FARMERS URGED: REDUCE USE OF PESTICIDES
Knight-Ridder Financial |
Farmers will have to plan more carefully in the 1990s to produce crops that use less pesticides, a U
SAUDI MINISTER FORECASTS 1ST-HALF OPEC OUTPUT
Simon Hall |
Saudi Arabian Oil Minister Hisham Nazer Wednesday predicted that the Organization of Petroleum Expor
W. GERMANS BUY GASOIL ON OPEN MARKET
Knight-Ridder Financial |
Depleted inventories and rising demand have forced West German refineries to buy distillate fuel oil
BUREAUCRACY OBFUSCATES FALCON TANKERS' FATE
WILLIAM DiBENEDETTO |
First, the government spent $72 million to help build two ships, the Falcon Leader and the Falcon Ch
COMMODITY BRIEFS
From Wire and Staff Reports |
GOLD, SILVER, PLATINUM FALL ON NY EXCHANGESPrecious metals futures dipped in late dealings,
BALTIC FREIGHT INDEX
JOC Staff |
1666 (Nov. 29, 1989) Previous day - 1671 The Baltic International Freight Futures Market in
Maritime
US DOLLAR RISES EXCEPT AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar rose except against the yen Wednesday in a quiet market dominated by unwinding of de
AID DELAY FOR IMF MAY HELP WORLD BANK
Richard Lawrence |
A decision to delay action on a proposed increase in the International Monetary Fund's resources may
COST OF CREDIT
JOC Staff |
Wed., Nov. 29, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
ALTERNATIVE CROPS NEED US SUPPORT
Knight-Ridder Financial |
Alternative crops and products are continually being developed, but these items may not reach the ma
INTERNATIONAL BRIEFS
Wire and Staff Reports |
INDIA'S GANDHI RESIGNS AFTER ELECTION LOSSESNEW DELHI, India - Prime Minister Rajiv Gandhi r
Maritime
NEW OPEC QUOTAS MAY OVERWHELM WORLD OIL DEMAND
Chicago Tribune |
The Organization of Petroleum Exporting Countries' new higher production quota probably will overwhe
COURT'S RULING OPENS INSURANCE TO SOME BANKS
David Conn |
A federal court Wednesday affirmed the right of bank holding companies to own banks that engage in n
MARITIME BRIEFS
From Wire and Staff Reports |
ANANGEL'S PROFIT FALLS; SHIPPING EARNINGS RISEAnangel- American Shipholdings Ltd.'s first- q
Maritime
ECONOMIC DATA ABROAD
Wire and Staff Reports |
PAYMENTS SURPLUS FALLS IN SOUTH KOREASEOUL, South Korea - South Korea's current account surp
Maritime
SCREEN TRADING BEGINS ON LIFFE LOW-KEY DEBUT UNLIKELY TO LAST
Mark Kollar |
Traders here have expressed optimism about the start of electronic trading today in Euromark futures
INTERNATIONAL EDI CONGRESS IS BECOMING TRULY GLOBAL
Tony Seideman |
The increasingly rapid adoption of electronic data interchange technology in trade and transportatio
US FIRMS STUDY E. GERMAN INVESTMENT COCA-COLA CO. CONSIDERS PLANT
Miriam Widman |
American companies are exploring new business opportunities that could open up in East Germany as it
GROWTH OF MARKET IN THAILAND PROMPTS CALLS FOR MORE CONTROLS
P.T. Bangsberg |
The general insurance market in Thailand expanded more than 30 percent in the first nine months of t
EARTHQUAKE TURNS COMMUTERS BACK TO THE FERRY
Mark Magnier |
The Oct. 17 earthquake that killed 61 people, destabilized buildings and sent highways and bridges t
P/C INDUSTRY REPORTS DROP IN EARNINGS FOR 3RD QUARTER
Journal of Commerce Staff |
The nation's property and casualty insurance industry reported net income for the third quarter ende
PRODUCTS MARKETPLACE
-From Wire and Staff Reports |
SODIUM HYDROSULFITE Olin Corp. of Stamford, Conn., will increase the price of its solution s
EXPORT BRIEFS
Wire and Staff Reports |
AT&T OFFERS SERVICES, PRODUCTS FOR MEXICOCANCUN, Mexico - American Telephone & Telegraph Co.
Maritime
TRANSPORT CALENDAR
JOC Staff |
American Waterways Operators, safety seminar, Nov. 30-Dec. 1. Hyatt Regency Hotel, New Orleans. Cont
Air Cargo
AVIATION BRIEFS
Wire and Staff Reports |
UPS CHARTERS CRAFT FOR SERVICE TO ENGLANDNEWARK, N.J. - United Parcel Service will have addi
Air Cargo
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
WORK BEGINS ON DUAL TRADING RULES
(Ap) |
Federal commodity futures regulators approved plans Tuesday to begin a long process for developing r
US TRUCKING COMPANIES TRAPPED IN REGULATORY NUMBERS GAME
Leo Abruzzese |
U.S. transportation officials are playing a numbers game with the nation's truckers - literally.
Trucking News
DISTILLATE FUEL OIL INVENTORIES INCREASE SLIGHTLY, API SAYS
Journal of Commerce Staff |
Primary inventories of distillate fuel oil increased slightly during the week of Nov. 24, counter to
EMERY WORKERS SETTLE DISPUTE IN NY AREA
Ira Breskin |
Emery Worldwide faces a unified front at the bargaining table following the settlement of a jurisdic
Air Cargo
FREEPORT-MCMORAN REVAMPS OPERATIONS
Knight-Ridder Financial |
Freeport-McMoRan Inc. will sell assets valued between $1.2 billion-$1.5 billion to develop discoveri
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