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BRAZIL PROBES FOREIGN EXCHANGE FRAUD
James Bruce |
A Brazilian foreign exchange fraud involving at least $360 million worth of payments for non-existen
Maritime
COST OF CREDIT
JOC Staff |
Thu., Nov. 16, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
TEXTILE IMPORTERS FACE LONG DELAYS FOR CHINA SHIPMENTS
Bruce Vail |
The violent crackdown on dissent by the Chinese government means U.S. textile importers and trans-Pa
Maritime
FEDERAL EXPRESS TO SET JAPAN-TO-EUROPE FLIGHTS PLANES TO STOP AT ANCHORAGE
John Davies |
With the right to fly from Tokyo to Europe by way of Alaska spelled out in a new aviation bilateral
Air Cargo
COMPANIES GET NOD TO ADD SHIPS TO SUBSIDY CONTRACTS
Marie Prat |
Two Philadelphia shipping companies have won Maritime Administration approval to add vessels to thei
Maritime
TURKISH MILL ENTERS MARKET FOR COKING COAL
Tim Sansbury |
The Turkish steel mill TDCI entered the market this week with a request for bids on the 2.5 million
INTERNATIONAL BRIEFS
Wire and Staff Reports |
MERRILL LYNCH SEVERS ALL SOUTH AFRICA TIESMerrill Lynch & Co. is banning all business relate
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Nov. 16, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
AVIATION BRIEFS
From Wire and Staff Reports |
UAL, JAPANESE BANKS DISCUSS FAILED BUY-OUTOfficials of UAL Corp. met Wednesday with major Ja
Air Cargo
LIFFE 'VOLATILITY TRADE' MOVE WELCOMED
Knight-Ridder Financial |
Traders welcomed an announcement Thursday by the London InternationalFinancial Futures Excha
SIMON SAYS
Howard Simon |
PRECIOUS METALS INVESTORS, who have shunned gold for most of the past year, are taking seriously the
MALAYSIA REPORTS DROP IN RUBBER PRODUCTION
Knight-Ridder Financial |
Malaysia produced 118,044 metric tons of natural rubber in September, down 7 percent from August, th
DOLLAR RISES ON REPORT OF NARROWER TRADE GAP
Knight-Ridder Financial |
The U.S. dollar rose Thursday on reports of a narrower trade gap and then turned lower on profit-tak
TIGHT FOREIGN EXCHANGE RESERVES SPARK CUT IN INDIA'S OIL IMPORTS
Knight-Ridder Financial |
Tight foreign exchange reserves prompted the Indian government to formulateplans to curtail
BALTIC FREIGHT INDEX
JOC Staff |
1648 (Nov. 16, 1989) Previous day - 1648 The Baltic International Freight Futures Market in
Maritime
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
ELECTRONIC NET FOR SHIPS IS ON WAYS
Janet Porter |
An electronic communications network designed specifically for the European transportation industry
PEOPLE - MARITIME
From Wire and Staff Reports |
SOUTHEAST ATLANTIC CARGO OPERATORS (Savannah, Ga.) - Ben E. Mercer was named president of this steve
Maritime
PANHANDLE UNIT GETS OK TO RESTART LA. LNG PLANT
Journal of Commerce Staff |
Panhandle Eastern Corp. said Wednesday its Trunkline LNG Co. subsidiary received approval from the F
AFL-CIO CREATES TRANSPORT TRADES UNIT
Howard S. Abramson |
The AFL-CIO has voted to create a Transportation Trades Department to put new emphasis on issues con
ARMY CORPS TO DREDGE C&D CANAL APPROACH CHANNELS LEAD TO BALTIMORE
WILLIAM DiBENEDETTO |
The Army Corps of Engineers will begin dredging a connecting channel between the Port of Baltimore a
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
TANKER OWNERS FACE INSURANCE INCREASES OVER SPILL CLAIMS
Edwin Unsworth |
Premiums for tanker owners' liability insurance are set to rise sharply next year as a result of the
DEATH OF ITS PRESIDENT HARSH BLOW TO ALITALIA
Wire and Staff Reports |
The death of Alitalia President Carlo Verri in a car crash last week has dealt a severe blow to an a
Air Cargo
PEOPLE - TRANSPORT
From Wire and Staff Reports |
F-F-E TRANSPORTATION SERVICES INC. (Dallas) - Marvin Dentler was named West Coast regional manager
Trucking News
HONG KONG NEEDS EDI IN CHINESE LANGUAGE
Janet Porter |
Chinese language messages will have to be devised before electronic data networks are accepted by th
HIGHER RATES HAMPER DULUTH LAKES CARGOES BEING DIVERTED
Kevin Commins |
A sharp jump in freight rates has stymied the normal late-season surge of grain exports out of Minne
Maritime
HUGO FAILS TO DENT ROYAL NET
Edwin Unsworth |
Royal Insurance Holdings became the third of Britain's major insurance companies to report a major d
INSURANCE BRIEFS
From Wire and Staff Reports |
$3.4 MILLION AWARDED IN DELTA CRASH RETRIALA jury has set $3.4 million as the cost to Delta
MASSPORT GOES AHEAD WITH PLANS TO MOVE LOGAN CARGO FACILITIES
Michael S. Lelyveld |
The Massachusetts Port Authority is going ahead with plans to move cargo operations at Logan Interna
Air Cargo
CHEMICAL BRIEFS
From Wire and Staff Reports |
JAPANESE BANKS LEND OXY TEXAS PLANT FUNDSOccidental Petroleum Corp. said that it has receive
COFFEE OUTPUT ESTIMATE CUT
Knight-Ridder Financial |
West German statistician F.O. Licht has estimated 1989-90 (October-September) world coffee productio
UNIFIED EC FORECAST TO BENEFIT NY, NJ
Journal of Commerce Staff |
The European Community's 1992 market unification plan offers great potential for businesses in the N
Maritime
TEXAS AIR ORDERS JETS FROM AIRBUS
Journal of Commerce Staff |
Texas Air Corp. said Thursday it had placed firm orders for 20 Airbus Industrie A330 and A340 long-r
Air Cargo
BEAUJOLAIS NOUVEAU IS GETTING A LIFT TO MANY COUNTRIES
From Wire and Staff Reports |
Beaujolais nouveau, fresh from the cask, vied with coffee and croissants in cafes Thursday here and
Air Cargo
SOVIET INSURER COURTS JOINT VENTURE BUSINESS
Janet Aschkenasy |
The latest testament to the influence of "perestroika," or economic restructuring in the Soviet Unio
UNION MUST WARN SHIPOWNER OF VIOLENT SEAMAN, COURT RULES
M.E. DeOrchis |
A suit brought by the parents of a seaman to recover damages for the murder of their 24-year-old son
Maritime
JOBS LOST AS ACL SHAKES UP US UNITS
Bruce Vail |
The buy-out of Atlantic Container Line by a Swedish company is being felt in the United States throu
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
INDONESIAN AIRLINE ORDERS 3 DOUGLAS JETSLONG BEACH, Calif. - Garuda Indonesia airways has or
Air Cargo
BENZENE PRICES RISING
Pei-Tse Wu |
Benzene spot prices rose sharply Tuesday from $1.45 to $1.70 a pound, and the new price remained ste
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