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OPEC CUTBACKS GAIN MOMENTUM SAUDI ARABIA, KUWAIT, OTHERS ACT TO COMPLY WITH CARTEL PACT
(Ap) |
Saudi Arabia, Kuwait, Ecuador and several other members of the Organization of Petroleum Exporting C
INDONESIA BET S ON METHANOL
P.T. Bangsberg |
Indonesia's state-owned energy monopoly Pertamina sees good export prospects for methanol despite a
MITCHELL REPORTS LOWER EARNINGS
Journal of Commerce Staff |
Mitchell Energy & Development Corp. reported second quarter earnings declined to $1.4 million, or 3
TODAY'S NEWS SUMMARY .
JOC Staff |
GENERAL NEWSTax reform probably will spur automotive, retailing and service industries but d
IRAQI STRIKES CUT IRANIAN EXPORTS
(Ap) |
Iran's oil exports are down by more than two-thirds to an average of 500,000 barrels a day because o
ENERGY BRIEFS
Wire and Staff Reports |
Egypt Increases Prices For First Half of MonthEgypt increased crude oil prices by $1.70 to $
VENTREX TO SUPPLY DIAGNOSTIC REAGENTS
Journal of Commerce Staff |
Ventrex Laboratories Inc. signed an agreement with Dade/Baxter Travenol Diagnostics to provide certa
ENERGY BRIEFS
Wire and Staff Reports |
Member's Death Poses New York PSC PuzzleALBANY, N.Y. - The death of state Public Service Com
JAPANESE MI NES CLOSING MITSUBISHI SEEN READY T O SHUT ITS LAST PITS
A.E. Cullison |
Mitsubishi Mining and Cement Co., once one of the largest Japanese domestic coal producers, plans to
ALLIED FIBERS INTRODUCES PRE-DYED CARPET YARNS
Journal of Commerce Staff |
Allied Fibers introduced an extensive pre-dyed yarn program aimed at the U.K./European contract carp
FTC REQUESTS L'AIR, BIG 3 MERGER DATA
Journal of Commerce Staff |
L'Air Liquide SA and Big Three Industries Inc. announced that the Federal Trade Commission requested
REPORT HAILS APC, GOTAAS-LARSEN STOCK
Mark Magnier |
Investors with patience and a willingness to accept risk should consider buying stock in American Pr
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSTax reform probably will spur automotive, retailing and service industries but d
SUN CARRIERS JOINS PUBLIC TRUCKING ELITE
Leo Abruzzese |
Sun Carriers Co. is joining the elite of the nation's largest public trucking companies with an init
WORLD TODAY
From Wire and Staff Reports |
Iranian Navy Active NICOSIA, Cyprus - Iranian warships intercept between 15 and 20 oil tanke
JAPAN TO AIR ITS DECISION ON 'STAR WARS'
A.E. Cullison |
A long-awaited decision by the Nakasone administration on Japan's participation in the research phas
2 SHIP FIRMS IN ASIA GAIN FISCAL RELIEF
This story was written by P.T. Bangsberg, Journal of Commerce |
Two major Asian shipping companies received new financial life, but Chase Manhattan Bank reiterated
TANKER MARKET
Knight-Ridder Financial |
Trading in the tanker market was slow following Mondays U.S. market holiday, brokers said. However,
Maritime
SHIPPING'S MEAT AND POTATOES
Mark Magnier |
2 cups reduced revenues 8 oz. cost reductions1 tsp. staff layoffs5 lbs. laid-up vess
DRY CARGO MARKET
JOC Staff |
The reports on the dry cargo and tanker market published on this page replace the ship fixture break
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
CFTC to Consider 4 Options ContractsThe Commodity Futures Trading Commission this month will
AUGUST FARM PRICES STABLE, USDA FIGURES INDICATE
(Ap) |
Prices farmers get for raw products on the average held steady in August, despite record-high market
BOLIVIA DISCUSSES SIEGE, MINERS CONTINUE STRIKE
(Ap) |
Congress began debating action on the state of siege declared last week while state mines remained s
COMMODITY INDEX FELL TO 69.3 IN JULY
Journal of Commerce Staff |
International dollar prices for non-fuel commodities in July fell to their lowest composite level in
DRY CARGO MARKET
Knight-Ridder Financial |
Rates for Panamax grain cargoes from the U.S. Gulf to Japan for September continued to rise with rep
Maritime
PRIVATE MARKETING MAY AID NIGERIA'S COCOA INDUSTRY
Knight-Ridder Financial |
Nigeria's cocoa industry may benefit from the government's decision to abolish the federal Cocoa Mar
FMC PROBE INTO TWRA NEARS END? JUDGE RECOMMENDS LARGE CASH PENALTY AS SETTLEMENT
Robert F. Morison |
A Federal Maritime Commission law judge recommended a settlement with a large cash penalty in the fi
Maritime
FRENCH PORT OF SETE SEEKS TO DIVERSIFY
Howard Schissel |
France's Mediterranean port of Sete is seeking to diversify its activities to make up for the recent
Maritime
SOVIET SHIP TO LL COULD SOAR
Albert Axebank |
The death toll in the Soviet Union's second major maritime disaster of 1986 reached at least 79 peop
Maritime
PREFERENCE REMA INS DIVISIVE ISSUE CONGRESSMEN JOIN IN MARAD-NAVY CONTROVERSY
Robert F. Morison |
The issue of cargo preference for U.S.-flag ships hauling military shipments still divides the Navy
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Holloway to Address Propeller Club MeetingRetired Navy Adm. James L. Holloway III, president
Maritime
SOVIETS JAIL NAVIGATOR FOR SINKING OFF NZ
(Ap) |
The Soviet government said it jailed for four years the navigator of a Leningrad-based cruise liner
Maritime
AUSTRALIAN MUTUAL TAPS I. STANWELL AS DIRECTOR
Vincent W. Stove |
There will be a new man at the head of Australia's biggest life office and institutional investor ne
JAPAN SETS BOP RECORD YEN RISE, OIL PRICE DROP PUSHED UP SURPLUS
A.E. Cullison |
Japan's current account surplus soared to an all-time monthly high of more than $8 billion in July,
Maritime
JOBLESS RATE RISES
(Ap) |
Japan's jobless rate hit 2.9 percent in July, tying the highest rate set since the government began
Maritime
JAPAN SETS BOP RECORD
A.E. Cullison |
Japan's current account surplus soared to an all-time monthly high of more than $8 billion in July,
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
New Guinea Seeks Soviet Fishing DealPORT MORESBY, Papua New Guinea - The government announce
Maritime
2 HONG KONG FIRMS POST SMALL PROFITS
P.T. Bangsberg |
Two of the colony's premier trading groups stunned the stock market with their disappointing profits
Maritime
INDIAN ENGINEERING FIRMS PLAN AFRICAN ENTERPRISES
Journal of Commerce Special |
Madras-based engineering firms have planned joint ventures in Kenya, Tanzania, Uganda and Zimbabwe.<
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Kodak Finds Dealers For Notes in EuropeROCHESTER, N.Y. - Eastman Kodak Co. said it has signe
Maritime
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