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TODD SHIPYARDS SEEKS OK TO SELL AIR PUMP UNIT GALVESTON YARD MAY BE CLOSED
John Davies |
Todd Shipyards Corp., struggling to emerge from Chapter 11 bankruptcy, wants to sell its profitable
Maritime
SNAG SEEN IN TYING RICHMOND TO HAMPTON ROADS GROUP
Journal of Commerce Staff |
Negotiations for adding the Port of Richmond deepwater terminal to the stable of facilities under th
Maritime
PARTS SHORTAGE HITS AIR CARGO CARRIERS
John Davies |
Air cargo airlines - some of the heaviest users of the aging jetliners that must be overhauled to be
SKANDIA TO BUY CHARTER GROUP
Journal of Commerce Staff |
Skandia International said it has signed a letter of intent to buy the Charter Group, an insurance a
WESTCOAST ENERGY SCRAPS PLANS FOR ETHYLENE PLANT
Marita Van Oldenborgh |
Westcoast Energy Inc. and its Southeast Asian partners said they have stopped work on an ethylene an
AVIATION TAX DIVERSION DEFEATED IN THE HOUSE
Leo Abruzzese |
The full House defeated an attempt by the powerful chairman of the Ways and Means Committee to trans
Air Cargo
COAL BRIEFS
From Wire and Staff Reports |
PITTSTON-RELATED STRIKES HIT MINES IN 2 STATESPIKEVILLE, Ky. - More than 350 United Mine Wor
COURT WON'T REVIEW ALASKA LEASE SALE
From Wire Reports |
The Supreme Court said Monday it declined to review the Interior Department's controversial decision
AVIATION BRIEFS
From Wire and Staff Reports |
BOEING, UNION TAKE UP MARATHON NEGOTIATIONSBoeing Co. and the International Association of M
Air Cargo
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
KEY PROVISIONS OF NEW INVESTMENT CODE
Journal of Commerce Staff |
Among other provisions, Zimbabwe's new investment code: * Requires 25 percent foreign owners
Maritime
UK ECONOMY TEETERS ON THE RAZOR'S EDGE
Janet Porter |
Anecdotal evidence suggests that the British economy is wobbling to a halt as high interest rates an
COST OF CREDIT
JOC Staff |
Mon., Oct. 2, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
TWO YARDS LAND RESERVE FLEET PACTS
Journal of Commerce Staff |
The Maritime Administration announced Monday that two contracts totaling $3.1 million have been awar
Maritime
NINTENDO SETS SIGHTS ON ADULT MARKET IN US
Stanford Erickson |
Nintendo is going after America's adults, after already hooking its children on its electronic game
YEUTTER OPTIMISTIC ON FARM LEGISLATION GREATER CROP FLEXIBILITY SEEN
Kevin Commins |
Agriculture Secretary Clayton Yeutter said there is an excellent chance that greater crop flexibilit
ICI PLANS TO SET UP PLANT IN US FOR CFC SUBSTITUTE
John Maggs |
Britain's Imperial Chemical Industries PLC said Monday it will build a large- scale plant in the Uni
OIL SWAPS ARE TOUTED AS HEDGING TECHNIQUE
Janet Plume |
Companies that are major oil consumers can hedge the price of future purchases with oil swaps over t
SPOT PRODUCT PRICES
JOC Staff |
Oct. 2, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
BRITISH COAL CORP. PREPARED TO MEET IMPORT CHALLENGE
Edwin Unsworth |
British Coal Corp. is better prepared than at any time in its history to meet the challenge of rival
BATTLE OVER LOYALTY CONTRACTS APPROACHES COURT RESOLUTION INDEPENDENT ACTION AT ISSUE
WILLIAM DiBENEDETTO |
Shippers, ocean carrier conferences and the Federal Maritime Commission are coming to the end of nea
Maritime
EXECUTIVES FOUND NOT PREPARING FOR '92
(Ap) |
Just 37 percent of U.S. executives surveyed recently said they have begun implementing strategies to
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1million or l
MEXICO PUSHES EXPORTS OF STEEL, TEXTILES TO US CUSTOMS FACILITY ENVISIONED
Richard Lawrence |
The United States and Mexico are reviewing a proposed Customs facility that, its backers say, could
COMMODITY BRIEFS
From Wire and Staff Reports |
BRAZILIAN COFFEE CHIEF ARRIVES AT ICO TALKSThe arrival here of Brazilian Coffee Institute Pr
PIONEER TO BUY STOCK OF MANHATTAN NATIONAL
Journal of Commerce Staff |
Pioneer Life Insurance Co. of Illinois and Manhattan National Corp. have signed a definitive agreeme
FOOD OIL SUBSIDIES SOUGHT FOR USSR
Knight-Ridder Financial |
Buoyed by recent sales of subsidized vegetable oil to Tunisia, and by favorable world prices general
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
EXPORT ORDERS GAIN
John Boyd |
New export orders for the U.S. industrial sector rose sharply last month for their best showing sinc
B.F. GOODRICH TO EXPAND OHIO FACILITY
Robert Fernandez |
B.F. Goodrich Co. Chairman John D. Ong said that the current $26 million expansion at the company's
Transport, Trade and Regulation News
FACTORY ORDERS SEEN RISING 2.1 PERCENT
Knight-Ridder Financial |
Based on the unexpectedly large increase in U.S. August durable goods, economists have raised their
PATENT POLICY COVERS PLAINTIFFS' LITIGATION COSTS
David Higdon |
The policy may well be the nation's first example of patent enforcement insurance, and is especially
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
POULTRY PURCHASE BENEFITS US, USSR
Knight-Ridder Financial |
An expected purchase of U.S. poultry by the Soviet Union will help that nation feed its people this
JAPANESE REFINERS SEEK QUOTA HIKES
Knight-Ridder Financial |
Several Japanese oil companies have separately asked the Ministry of International Trade and Industr
COSTS INCREASE FOR UK RAILROAD LINK TO TUNNEL UNDER ENGLISH CHANNEL
Janet Porter |
The general public has regarded British Rail as something of a joke ever since a British Rail planne
CHEMICAL BRIEFS
Wire and Staff Reports |
K MART STORES USE RECYCLABLE PLASTIC BAGSK mart Corp. has begun using recyclable plastic bag
MARKETS AND MONEY
Albert L. Kraus |
THE STOCK MARKET HAS BEEN A MOST RELIABLE predicter of recessions, someone once quipped; it has fore
TALK OF SALES TO USSR FIRMS GRAIN, BEAN PRICES
From Wire and Staff Reports |
Grains and soybeans surged ahead Monday as traders scrambled to buy contracts following rumors that
SINKING SHIP SPURNS SOVIET AID, TASS SAYS
Journal of Commerce Staff |
An old train ship destined for the scrap heap is causing a lot of commotion off the Soviet coast.
Maritime
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