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WARTSILA, KLOSTER INK SHIP PACT
BOB WESENBERG |
Kloster Cruise signed a contract with Finland's Wartsila shipyard for construction of a 36,000-ton,
Maritime
ARGONAUT ULCCS FIND EMPLOYMENT
Journal of Commerce Special |
The Swedish tankship owner Argonaut has found employment for two ultra-large crude carriers as stora
Maritime
MARAD ASKED FOR PAYMENT ON SHIP LOAN
Journal of Commerce Staff |
The Maritime Administration received a request for payment on government- backed ship mortgage finan
Maritime
USL PLANS TO SELL 20 SHIPS BY MARCH 12 GIANT VESSELS TO BE SOLD THROUGH COURTS, CLEARING LIENS
MARK MAGNIER |
United States Lines Inc. said it expects to sell eight small containerships in the near future and a
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Choppers, Icebreakers<br><br> Save 1,100 on Ice FloesHelicopters and icebreakers rescued about 1,100
Maritime
SECRETARY DOLE: TIME FOR UNIONS TO JOIN DOT ON DRUG PROBLEM
DAVID M. CAWTHORNE |
Secretary of Transportation Elizabeth Hanford Dole hopes that legislation making major changes in ho
FAR EAST SUPPLIERS COURT US BUYERS
ROSALIND RACHID |
It's becoming cheaper and easier for U.S. buyers to negotiate with Far East suppliers.<br><br> Asian
HONG KONG OPENS BOX FACILITY
P.T. BANGSBERG |
Even as what's described as the world's largest container freight station was being opened in Hong K
US POUNDS ON JAPAN'S DOOR TODAY ABOUT COMPUTERS, OSAKA AIRPORT
A.E. CULLISON |
Negotiators from the United States and Japan are scheduled to launch a series of talks today on how
MOOD IN TRADE TALKS CALLED MORE HOPEFUL US, EC IN FINAL PUSH TO RESOLVE DISPUTE
JANET PORTER |
Negotiations between U.S. and EC officials will continue today and Wednesday by telephone and video
WORLD TODAY
From Wire and Staff Reports |
USDA Targets China<br><br> WASHINGTON - The U.S. Department of Agriculture announced it targeted Chi
LOYAL CUSTOMERS STAY WITH TROUBLED USL
GREGORY S. JOHNSON |
Despite United States Lines' financial problems, several big shippers say they're sticking with the
DUTCH CHEESE FACES US IMPORT SQUEEZE
SIMON CAMERON-MOORE |
Dutch cheese exporters have had little opportunity to send extra shipments of cheese to U.S. custome
NEW IBM COMPUTER MOST POWERFUL EVER
(AP) |
International Business Machines Corp. announced its most powerful computer ever, a box containing si
KNIGHT-RIDDER EARNINGS RISE
Journal of Commerce Staff |
Knight-Ridder Inc. announced fourth quarter 1986 earnings of $43.7 million, or 75 cents a share, up
THE ECONOMY
From Wire and Staff Reports |
Sales of Existing Homes<br><br> Hit Record in DecemberA rush to take advantage of expiring tax break
NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>The mood in Brussels about the prospects of averting a trans-Atlantic trade war
GROUP OF 5 MEET UNCERTAIN REPORT OF FEB. 7 FINANCIAL HUDDLE MERELY RUMOR?
JOHN BOYD |
The top financial authorities of the five major industrial nations could huddle soon, but sources sa
FOREIGN HEADLINES
From Wire and Staff Reports |
Resignations Offered<br><br> TAIPEI, Taiwan - Premier Yu Kuo-Hwa and several top government and ruli
UN SEES DECLINE IN CENTRAL AMERICA
WILLIAM A. ORME Jr. |
Central America, ravaged by civil wars, remains the most economically depressed region of the hemisp
ON THE MOVE
Staff Report |
2 Named<br><br> To HeadPayne Unit<br><br>E.W. Payne Cos. Ltd. announced formation of a new reinsuran
FOREIGN VISITS
From Wire and Staff Reports |
Koch Meeting Rejected<br><br> WARSAW, Poland - Gen. Wojciech Jaruzelski will not meet with visiting
AVIATION BRIEFS
From Wire and Staff Reports |
Airbus A320 Scheduled<br><br> To Make Debut Feb. 14Airbus Industrie said the world's newest commerci
'RE-ENGINING' PLANNED FOR JET
Journal of Commerce Staff |
Valsan Inc. announced it would re-engine a Boeing 727-200 owned by Sterling Airways of Copenhagen, D
CLIMATE GOOD FOR SHIPPERS AIR CARGO OFFICIALS PREDICT CONTINUED LOW RATES
LARRY STERNE |
U.S. shippers can look forward to continued low air freight rates for their international exports th
EARNINGS
JOC Team |
SFSP Earnings<br><br> Down for QuarterSanta Fe Southern Pacific Corp. reported a fourth quarter net
TRADING SUSPENDED IN CATHAY STOCK
P.T. BANGSBERG |
One of the colony's oldest and largest trading conglomerates asked for suspension of trading of its
LUFTHANSA RESHAPES CARGO MANAGEMENT
Journal of Commerce Special |
The German-flag carrier Lufthansa, which outperformed Japan Air Lines to become the world's No. 1 no
TRAFFIC BRIEFS
From Wire and Staff Reports |
Piggyback Rail Freight<br><br> Shows 3.9 percent IncreasePiggyback freight on major railroads for th
REPORT BACKS UK REACTOR PLANS
(AP) |
The chairman of a two-year public inquiry recommended that Britain build its first U.S.-style pressu
GRAND JURY CHARGES 2 IN LIBYAN PLOT
(AP) |
A federal grand jury charged two more people in an alleged plot to export U.S.-made oil-drilling equ
BAKER-HUGHES PLANS UNDER FIRE
(AP) |
The Department of Justice said it would sue to block the merger of two of the world's largest oil-we
SALES INCREASE AT DETROIT EDISON
Journal of Commerce Staff |
Detroit Edison Co. said kilowatt-hour electricity sales in 1986 were up 3.7 percent from 1985, with
EXXON'S NET FALLS
(AP) |
Exxon Corp. reported fourth quarter net income of $1.48 billion, or $2.06 a share, down 18 percent f
ENRON STARTS UP OFFSHORE PLATFORM
Journal of Commerce Staff |
Enron Oil & Gas Co., a subsidiary of Enron Corp., began production of a natural gas and condensate f
GASOLINE PRICE JUMP TERMED PART OF TREND
(AP) |
A 3-cent jump in gasoline pump prices over the past two weeks is probably part of a trend as retaile
SAUDIS RESTRICT FLOW OF IRAQI CRUDE OIL
(AP) |
Shipments of Iraqi crude oil through a pipeline to Yanbu on Saudi Arabia's Red Sea coast will be res
CUOMO PROPOSES TAX COLLECTION PLAN
Journal of Commerce Special |
Taxes on diesel fuel will be collected on importation into New York state under legislation submitte
SPOT PRODUCT PRICES
JOC Team |
January 26, 1987<br><br> U.S. spot oil products price indications, sellers range, in cents per gallo
ENERGY BRIEFS
From Wire and Staff Reports |
Japan's Kyodo Oil<br><br> Accepts Saudi PriceKyodo Oil Co. joined Mitsubishi Oil Co. in accepting Sa
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