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MOBIL UNIT LOSES APPEAL ON TAXES
Journal of Commerce Staff |
Mobil Producing North Sea Ltd., a subsidiary of Mobil Corp., lost a court appeal challenging payment
COMMODITY BRIEFS
From Wire and Staff Reports |
Japan Likely to Tighten<br><br> Soybean StandardsJapanese trade houses will tighten their standards
$15-$20 RANGE PREDICTED FOR OIL UNPUBLISHED IEA STUDY SAYS LEVEL SHOULD HOLD UNTIL 1991
(AP) |
Oil prices are unlikely to rise above $20 a barrel before 1991 but may reach $35 by the end of the c
APL, MAERSK TO RAISE MIDEAST RATES
JOHN DAVIES |
Two shipping lines that haul cargo between the West Coast and the Middle East and West Asia regions
Maritime
OPEC OIL PRODUCTION BELOW CEILING IN OCTOBER
Journal of Commerce Special |
The Organization of Petroleum Exporting Countries produced an average of 16.2 million barrels of oil
ILA WON'T RELEASE CARGO TO CROWLEY
CRAIG DUNLAP |
The International Longshoremen's Association failed to keep Crowley Caribbean Transport out of Port
Maritime
NEW PLAINS GAS DEAL NEARLY TRIPLES PRICE
Journal of Commerce Staff |
Plains Petroleum Co. said it has concluded contract negotiations with the purchaser of its Kansas Hu
US RIG COUNT ROSE FOR 4TH WEEK
(AP) |
The number of working oil and gas rigs in the United States rose for the fourth consecutive week to
SPOT PRODUCT PRICES
JOC Team |
November 19, 1986<br><br> U.S. spot oil products price indications, sellers range, in cents per gall
FUEL OIL, GASOLINE INVENTORIES INCREASED IN WEEK
Journal of Commerce Staff |
Supplies of distillate fuel oil and gasoline increased, the American Petroleum Institute's latest we
FERRY RUNS TO RESUME ACROSS HUDSON RIVER
(AP) |
Ferry service between New York City and the New Jersey waterfront will resume next month after a 19-
Maritime
PLIOGRIP OFFERED FOR EUROPEAN MART
Journal of Commerce Staff |
Ashland Chemical recently licensed Ashland Suedchemie Kernfest, Hilden, West Germany, to manufacture
ENERGY BRIEFS
From Wire and Staff Reports |
Cleveland-Cliffs to Buy<br><br> Mooremack Coal UnitCleveland-Cliffs said it reached an agreement in
COUNTY TO CHALLENGE CONTRACT WITH CON ED
(AP) |
The Westchester County Board of Legislators voted unanimously to hire outside legal counsel to chall
SCHERING-PLOUGH TO CONSIDER STOCK PROPOSAL
Journal of Commerce Staff |
Robert P. Luciano, chairman and chief executive officer of Schering-Plough Corp., announced that he
CHEMICAL MARKETS DOW HIKES CAUSTIC SODA, CHLORINE PRICES
Journal of Commerce Staff |
Dow Chemical U.S.A. notified customers of a $10-a-ton increase in the off-list price of chlorine and
LA INTERMODAL BOX FACILITY OPENS
BILL MONGELLUZZO |
A new era in intermodal shipping through the ports of Los Angeles and Long Beach began with the open
Maritime
OWENS-CORNING FIBERGLAS ACQUIRES TWO UK COMPANIES
Journal of Commerce Staff |
Owens-Corning Fiberglas Corp. completed the previously announced acquisition of Pilkington Reinforce
PORTUGAL EYES COAL USE COUNTRY PLANS SHARP INCREASE IN CONSUMPTION
HOWARD SCHISSEL |
Coal consumption in Portugal is expected to increase sharply over the next few years, industry sourc
PLASTICS CORNER MOBIL EXPANDING OPP FILM OUTPUT
Journal of Commerce Staff |
Mobil Chemical Co.'s films division will add a manufacturing line to its Stratford, Conn., plant in
PSE&G SALES RISE
Journal of Commerce Staff |
Electricity sales by Public Service Electric and Gas Co. in the first 10 months of 1986 increased 3.
ILA STILL NEGOTIATING AT 2 N. ATLANTIC PORTS
Journal of Commerce Staff |
With the International Longshoremen's Association contract ratified in the port of Baltimore, only p
Maritime
SOLAR ELECTRIC PLANTS MEET EXPECTATIONS
Journal of Commerce Staff |
Studies indicate that two of the nation's first solar electric utility stations are not only product
INTERPOOL BREAKS SALE NEGOTIATIONS TRANSPORT EQUIPMENT LESSOR, TRANSAMERICA ICS HIT IMPASSE
MARK MAGNIER |
Interpool Ltd., a lessor of transportation equipment, said it has ended negotiations to sell the com
Maritime
VALIDITY OF MM&P ELECTION ON TRIAL
CHRIS DUPIN |
A trial here this week could force the International Organization of Masters, Mates, and Pilots to h
Maritime
HYUNDAI PRICE HIKE THREATENS ORDER
Journal of Commerce Special |
A contract for a 156,000-deadweight-ton tanker to be built in South Korea for Fred. Olsen & Co. is h
Maritime
SHIPPERS SAY ABANDON BRAZIL MARITIME PACT
ROBERT F. MORISON |
Two shipper groups urged the U.S. government to stand firm and refuse to renew the cargo-sharing, bi
BALTIMORE DOCKERS ACCEPT TERMS
ALAN F. SCHOEDEL |
Baltimore longshoremen approved their new three-year contract by a narrower margin than had been exp
SAVVY GREEK THRIVES IN TANKER BUSINESS
STANFORD ERICKSON |
''Liner shipping, we Greeks say, is like making love to one's wife," says Minos X. Kyriakou. "It's a
WORLD TODAY
From Wire and Staff Reports |
Japanese Phone Venture<br><br> TOKYO - A group of U.S., Japanese and British companies formed a join
EUROPEAN SHIPPING AND PORTS
JOC Team |
Top Stories<br><br> West European ports continue to battle for cargo, spending lavish amounts of mon
US TRADE CONCERNS TAIWANESE
WILLIAM ARMBRUSTER |
The government of Taiwan is deeply concerned about friction arising from its growing trade surplus w
SHARP DROP IN WORLD OIL PRICES EXPECTED TO DRIVE DOWN TRUCK RATES
LEO ABRUZZESE |
The sharp drop in world oil prices in 1986 will push trucking industry freight rates even lower in t
USL SEEKS FEEDER APPROVAL
ROBERT F. MORISON |
United States Lines Inc. wants to continue the foreign-flag feeder vessel system supporting its worl
LOCKHEED TESTING 'PROPFAN' SYSTEM
TIM NEALE |
Lockheed Corp. will begin in-flight tests in April of a new, fuel-efficient propfan, a company offic
EC REMOVES ONE PRODUCT FROM STEEL QUOTA SYSTEM
(AP) |
Industry ministers of the 12 European Community nations put off a decision on a proposal by Europea
TODAY'S NEWS SUMMARY
JOC Team |
FINANCIAL<br><br>The dollar eased slightly in slow trading as the foreign exchange market sat back t
IMPORTERS SEEK CHANGE IN USER FEE CALCULATION
HELEN ERICSON |
The U.S. Customs Service is misreading the law by deciding that U.S. goods assembled abroad should b
PORTS JOCKEY FOR HUB STATUS
CRAIG DUNLAP |
Every port in the Caribbean would like to be a major transportation hub, but it would be folly for
CARIBBEAN MEET EYES EC POLICIES WASHINGTON, COMMUNITY URGED TO COORDINATE TRADE, AID RULES
ROSALIND RACHID |
The European Community's aid, trade and investment policies came under scrutiny at a Caribbean trad
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