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ENERGY BRIEFS
JOC Staff |
FAR EAST BUYERS PAY MORE FOR MEXICAN OILPrices for Mexican crude sold to the Far East were u
UNDERWATER CHECKS REVEAL NO HAZARDS IN NYC SPANS
(Ap) |
A year of underwater inspections found 19 of 27 city-owned bridges will need minor repairs but none
Trucking News
KOREAN LINES BACK IN BLACK
Hannah Moore |
Although South Korea's shipping industry recorded an overall profit in 1988 for the first time in se
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
MARYLAND SIGNS PACT WITH US EX-IM BANKBALTIMORE - The Maryland Department of Economic and Em
SAUDI ARABIA WILL BUY BRADLEY ARMORED VEHICLES
(Ap) |
Saudi Arabia has agreed to a $550 million contract to buy American-made Bradley Fighting Vehicles, a
Maritime
UNDERGROUND ECONOMY COSTS MEXICO MILLIONS
(Ap) |
The government lost an estimated $200 million in income and sales taxes last year as a result of the
Maritime
FOREST INDUSTRY, PORTS TEAM UP IN MARYLAND
WILLIAM DiBENEDETTO |
Casting about for ways to increase exports sometimes amounts merely to looking in one's own backyard
Maritime
US JOBS REPORT SHOWS STEADY ECONOMY
From Wire Reports |
Economists assessed the 0.1 percent dip in the December unemployment rate as another sign of moderat
PLASTICS CORNER RUCO HIKES POLYESTER, COATING RESIN PRICES
Journal of Commerce Staff |
Ruco Polymer Corp. will increase its prices on selected Rucoflex polyesters and Rucote powder coatin
WEEK FINISHES ON BULLISH NOTE IN LONDON, NY
Journal of Commerce Staff |
Oil markets ended a week of gains to finish Friday at the highest levels seen in months in London an
BP AMERICA PLANS TO USE SINGLE BRAND NAME IN US
(Reuter) |
BP America Inc., the U.S. unit of British Petroleum Co. PLC, plans to replace the various brand name
SHIP SCRAPPING PLUNGED IN '88
JANET PORTER. Journal of Commerce Staff.(Craig Dunlap in |
Only three tankers and combination carriers were sold for scrap during the last two months of 1988 a
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 6, 1989 Baltic International Freight Futures Exchange*PrevClose High Low Vo
Maritime
US TUNA FLEET SHRINKS
Bill Mongelluzzo |
U.S. builders of tuna ships have little choice but to seek foreign customers. A series of ev
ENERGY BRIEFS
From Wire and Staff Reports |
SAUDIS CUT SUPPLIES TO JAPAN BY 10 PERCENTSaudi Arabia has notified Japanese long-term crude
BAR CODES ARE AT CORE OF AUTOMATION DRIVE FOR PARKER BROTHERS
Tony Seideman |
Parker Brothers Inc. is so enthusiastic about automation that the company is planning to bar code it
S. KOREAN FIRMS SET TO OPEN NEW BAG OF MEMORY CHIPS
(Reuter) |
South Korea's electronics companies were once just bright pupils eager to learn under foreign tutela
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
W. LEYRER KILLED IN PAN AM CRASHWilliam Leyrer, a vice president with freight forwarder Univ
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1578 (Jan. 6, 1989) Previous day - 1555 The Baltic International Freight Futures Exchange in
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
JOHN LAWE, PRESIDENT OF UNION, DIES AT 69John Lawe, the one-time bus cleaner who became pres
Rail News
MATLACK SYSTEMS INC. TURNED A PROFIT IN 1988
JOC Staff |
Matlack Systems Inc. reported income of $1.4 million, or 26 cents a share, on revenue of $230.2 mill
Trucking News
JACKSONVILLE COMPANY LANDS MSC CONTRACT
Journal of Commerce Staff |
The Navy's Military Sealift Command awarded a $4.5 million five-year contract to Leadermar Inc., Jac
Maritime
CHASE UNIT TO SLASH UK STOCK TRADING
(Reuter) |
Chase Manhattan Equities, a subsidiary of U.S.-based financial services giant Chase Manhattan Corp.
BANKS BOOST SOVIET LOANS, CUT LENDING IN THIRD WORLD
(Ap) |
Western commercial banks expanded lending to the Soviet bloc and further reduced their exposure in t
IVORIAN COCOA DEAL COULD HURT PRODUCERS
Knight-Ridder Financial |
The deal between the Ivory Coast and French trade house Sucres et Denrees SA (SucDen) for the dispos
US, EC MAY EASE FARM TRADE STAND
Janet Porter |
Conciliatory noises are starting to emerge on both sides of the Atlantic over the thorny question of
Maritime
FIRST SALVOS FIRED IN BATTLE OF BUDGET
John Boyd |
The fiscal 1990 budget battle begins today with the release of President Reagan's final spending blu
US AND TAIWAN AVERT A DISPUTE ON TOOLS TRADE
Mark D. Berniker |
The United States and Taiwan averted a major trade dispute over machine tools through an agreement h
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
CHEMICAL MARKETS ASARCO RAISES PRICE OF ZINC OXIDE
Journal of Commerce Staff |
Asarco Inc. announced that it has increased its base price for French Process zinc oxide by 2 cents
TVA AWARDS 3 CONTRACTS FOR SPOT COAL
Journal of Commerce Staff |
The Tennessee Valley Authority held spot coal purchases in the final week ofDecember to only
DISSIDENTS FAIL TO OUST SEAMEN'S UNION LEADERS
Chris Dupin |
Dissident members of the International Organization of Masters, Mates & Pilots have narrowly failed
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
The freight futures market opened 1989 with a strong upward burst last week, after ending 1988 on a
Maritime
COTTON, SCRAP STEEL PUSH INDEX HIGHER
Howard Simon |
The Journal of Commerce Industrial Price Index of 18 inflation-sensitive industrial commodities on F
HONG KONG PRINTERS WARNED OF CHALLENGES TO US SALES
P.T. Bangsberg |
Unlike some import-battered sectors, the U.S. printing industry appears to be successfully fighting
Maritime
TEXTILE IMPORTERS PUSH FOR MORE CLOUT
William Armbruster |
Seeking to expand its muscle power in the face of protectionist pressures, a major importer group fo
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
PACIFIC SHIP GROUP SEEKS TO PREVENT A BREAKUP
P.T. Bangsberg |
Members of the largest maritime conference covering shipments from Asia to North America plan to hol
NEWS SUMMARY
JOC Staff |
* JofC Industrial Price Index: Cotton 6A * Kevin Commins - Currency Forecast 7A* Stanford Er
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