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INTERCHANGE ACCORD PLAN DRAWS COMPLAINTS PAPERWORK RISE IS ANTICIPATED
Marie Prat |
Ocean carriers are urging the Federal Maritime Commission to go back to the drawing board on a propo
Maritime
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
Futures prices plunged dramatically last week, in line with a tremendous drop in the Baltic Freight
Maritime
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
YOU ALMOST HAVE TO LAUGH at the way financial markets have lately been clamoring for the Fed to shif
MASS. LAWMAKERS CONSIDER PLAN TO DOUBLE ASSESSMENTS ON FIRMS
Journal of Commerce Special |
Massachusetts lawmakers are considering a proposal to double assessments on property/casualty insure
MARAD OKS RIG SALE REQUEST
Journal of Commerce Staff |
The Maritime Administration has approved the sale of two drilling rigs and received applications for
Maritime
PLM UNIT BEGINS TRADING ON EXCHANGE
Journal of Commerce Staff |
PLM Equipment Growth Fund I of San Francisco has begun trading on the American Stock Exchange. PLM E
Rail News
GRADUAL TANKER FLEET RENEWAL URGED
Erich E. Toll |
Attention tanker owners: Buy Now and Save. No, that's not a line from a shipbuilding industr
SHIP FINANCING IN '90S TO BE TRICKY
Journal of Commerce Staff (Erich E. Toll) |
If you think airlines are spending big bucks on new planes, take a look at what the shipping industr
MAJOR NATIONS APPROVE REPORT ON WORLD BANK, IMF COOPERATION
Knight-Ridder Financial |
Finance ministers and central bankers from the Group of 10 industrial nations Friday formally approv
FINANCIAL BRIEFS
Wire and Staff Reports |
S. KOREA CUTS BACK ON LOANS FOR IMPORTSSEOUL, South Korea - The Bank of Korea, the South Kor
COST OF CREDIT
JOC Staff |
Fri., June 2, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
WHITE HOUSE BALKS AT TACOMA LAND DEAL
John Davies |
The White House says it is opposed to a $77 million federal lands settlement with the Puyallup India
Maritime
BOX FACILITY MAY EASE DELAYS AT THAI PORT
P.T. Bangsberg |
A container freight station just opened in Bangkok may help ease delays at Thailand's main boxport,
Maritime
ELECTRONICS BRIEFS
From Wire and Staff Reports |
U S WEST JOINS GROUP TO STUDY SOVIET PROJECTENGLEWOOD, Colo. - U S WEST International and si
WAH KWONG REPORTS 60 PERCENT RISE IN PROFIT
P.T. Bangsberg |
Wah Kwong Shipping Group Ltd. posted a profit of US$44.6 million for the year through last March 31,
Maritime
ANALYSTS EXPECT IMMINENT CUT IN PRIME RATE
Pomesh Sahi |
U.S. commercial banks are expected to cut their prime rate soon, perhaps today, amid a recent wideni
CONFERENCE ADJUSTS PLANNED BOX USE FEE FOR DOMINICAN PORTS
Craig Dunlap |
The group of shipping lines that sets rates on cargo shipped between the United States and the Domin
Maritime
CGM EXPECTED TO JOIN PACT
Edwin Unsworth |
Industry sources say Compagnie Generale Maritime, France's largest shipowner, and three shipping lin
Maritime
NJ AUTO COVER PROFITS SAID TO OUTPACE NATIONAL RATE
(Ap) |
Auto insurance companies have reaped higher profits in New Jersey than in the nation as a whole in r
DEVELOPERS BID FOR THEME PARKS IN EUROPE
Mike Leary |
"Let's go with Christopher Columbus," beckoned the young tour guide, leading a group of visitors int
Maritime
$48 MILLION SETTLEMENT IN HALL INSURANCE CASE
Cristina Lee |
Frank B. Hall & Co. agreed Friday to pay a $48 million settlement to end a two year legal battle wit
BUNDESBANK CHIEF DISCUSSES PRICES
Knight-Ridder Financial |
Bundesbank President Karl Otto Poehl said he does not think inflation in the industrialized countrie
ICC SUES PILOT TO RECOVER OVERCHARGES, FREIGHT CLAIMS
Leo Abruzzese |
The Interstate Commerce Commission filed suit against defunct Pilot Freight Carriers Inc., charging
Trucking News
FOREIGN SUPPLIERS SEEK LNG BUYERS IN THE NORTHEAST
Chris Dupin |
Foreign natural gas suppliers are soliciting gas utilities in the Northeast to see if they are inter
PEOPLE - FINANCIAL
Wire and Staff Reports |
ANSPACH GROSSMAN PORTUGAL (New York) - Laurence D. Ackerman was named a principal in this identity m
MORE OPPORTUNITY, MORE COMPETITION
Russ Banham |
While the breakdown of trade barriers in Europe will provide opportunities for Lloyd's of London, th
ENERGY BRIEFS
Wire and Staff Reports |
ORYX ENERGY FINDS GAS IN GULF OF MEXICOOryx Energy Co. made a natural gas discovery in the G
SPAIN SEEKS GLOBAL MARKET ROLE
Janet Porter |
Want some evidence of Spain's effort to conform to the norms of the European Community? Just
PORTS URGED TO ANTICIPATE TRADE CHANGES
John Davies |
Ports around the world will have to reshape themselves to deal with new trading blocs in Asia and Eu
MERGER CREATES WORLD'S BIGGEST LINE
Journal of Commerce Staff |
Two Japanese shipping companies merged Thursday to create Navix Line, the world's largest global oce
Maritime
SENATE EXTENDS AID TO RAILS
Journal of Commerce Staff |
The Senate has voted to continue subsidizing local freight railroad lines that otherwise would be ab
Rail News
ALASKA TO IMPOSE OIL TAX TO FUND PROBE OF SPILL
John Davies |
The state of Alaska is creating its own board to investigate the Exxon Valdez oil spill and will fun
SOVIET ACTIVIST LINKS PERESTROIKA, POLLUTION
(Ap) |
Mikhail S. Gorbachev has made it easier for environmentalists to talk about pollution problems in th
OXYCHEM TO PAY CLEANUP COSTS AT LOVE CANAL
John Maggs |
After 10 years of legal wrangling, Occidental Chemical Co. has agreed to help pay for the cleanup of
COMPUTER FIRMS WARY OF SHIFT ON SOVIET TRADE
Michael S. Lelyveld |
Computer makers along Massachusetts' high-tech beltway, Route 128, welcome the easing of curbs on ex
SPOT PRODUCT PRICES
JOC Staff |
June 1, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Howard Simon - Simon Says 6A* Greg Johnson - Managing Traffic 2B
WIDENING DEFICIT ALARMS MADRID
Vanya Walker-Leigh |
Official complacency on Spain's permanent trade deficit turned into concern on last week's publicati
TELECOM HIRING SET FOR NY, NJ DOCKERS
Journal of Commerce Staff |
The Waterfront Commission of New York harbor said the 36-year-old personal appearance system for the
Maritime
BUSH OPPPOSES OIL RESERVE BILL
Knight-Ridder Financial |
The Bush administration said it opposed a bill the Senate passed late Wednesday that would enlarge t
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