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AD CRITICIZED BY SINGAPORE PREMIER IS PULLED
Reuters |
An advertising agency has withdrawn a Singapore print advertisement after it was slammed by Prime Mi
Maritime
LUMBER OUTPUT FALLS IN WESTERN US
The Register-Guard |
Lumber production at mills in the Western United States fell last year to the lowest level since rec
TRADE BRIEFS
From Wire and Staff Reports |
LITHUANIA'S WEST TRADE NOW ON PAR WITH EASTVILNIUS, Lithuania - Almost half Lithuani
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 24, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
INDIA MAY EASE PHARMACEUTICAL INDUSTRY CONTROLS
N. Vasuki Rao |
A new policy that the Cabinet is expected to ratify soon will permit foreign equity of 51 percent in
WELLCOME SUIT AGAINST SMITHKLINE CLAIMS PATENT INFRINGEMENT IN US
Reuters |
Wellcome PLC launched a legal fight with rival SmithKline Beecham PLC Wednesday, claiming SmithKline
MINISTER URGES PROTECTION FOR INDONESIAN CHEMICAL SECTOR
Reuters |
Investment Minister Sanyoto Sastrowardoyo said Wednesday the country's petrochemical industry, inclu
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 228.91 up 0.42 wh
BALTIC FREIGHT INDEX
JOC Staff |
1494 (Aug. 24, 1994) Previous day - 1503 The Baltic International Freight Futures Market in
Maritime
MARITIME CALENDAR
JOC Staff |
"Ship, Sea and Sky: The Marine Art of James Edward Buttersworth." Through Sept. 5. New York. Exhibit
Maritime
LOW EARNINGS, HIGH EXPOSURE SPUR S&P DOWNGRADE FOR AETNA
Margo D. Beller |
Standard & Poor's lowered the debt and insurance ratings of Aetna Life & Casualty Co. over concern a
FREIGHT RATE FUTURES
JOC Staff |
Aug. 24, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
FLORIDA PROBES SUSPECTED HURRICANE PRICE FIXING
Associated Press |
The state is investigating 450 Florida insurers to determine if they've been fixing prices for hurri
PORT OF HAMBURG CARGO SEEN SETTING RECORD IN '94
Knight-Ridder Financial |
The Port of Hamburg expects to handle a record 70 million metric tons of cargo this year, up from la
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
COLONIAL MARINE INDUSTRIES (Savannah, Ga.) - Effective Sunday, Thomas A. McGoldrick III will become
Maritime
AUSTRALIA'S QNI TO BUILD TOWNSVILLE PORT FACILITY
Knight-Ridder Financial |
Queensland Nickel Pty Ltd. said it will spend about $47 million Australiandollars (US$34.59
Maritime
AUSTRALIA MOTORISTS' GROUP TO ISSUE SHARES FREE TO MEMBER-OWNERS
Reuters |
Australia's largest general insurer and motorists organization, NRMA Holdings Ltd, unveiled plans We
INSURANCE BRIEFS
From Wire and Staff Reports |
PRINCIPAL TO ACQUIRE HAMILTON FINANCIALDALLAS - Principal Financial Securities, a me
MAERSK OPENS TWO OFFICES IN CHINA
Journal of Commerce Staff |
Maersk Inc. said it opened new offices in Wuhan and Ningbo, China, "to meet the trade's demand for i
Maritime
ATTORNEY, 2 OTHERS CONVICTED OF AUTO INSURANCE FRAUD IN CALIF.
Orange County Register |
A jury convicted a lawyer and two others of auto insurance fraud in an undercover sting of a group s
EXXON VALDEZ JURY TAKES TOUR OF PRINCE WILLIAM SOUND SPILL AREA
Associated Press |
The jury deciding the Exxon lawsuit in federal court got a helicopter tour of Prince William Sound.<
Maritime
INSURANCE GROUP FILLS ITS FIRST GOVERNMENTAL RELATIONS POST
Journal of Commerce Staff |
The Insurance Services Office has hired its first governmental relations representative whose job wi
AMERICAN GENERAL FILES 2ND SUIT TO STOP UNITRIN'S BUYBACK PLAN
From Wire and Staff Reports |
American General Corp. has filed a second lawsuit against Unitrin Inc., seeking an immediate halt to
PROPOSED DESTROYER CUTS PRESS BATH IRON WORKS YARD TO DIVERSIFY
Associated Press |
The possibility that the Pentagon will reduce the Navy's Aegis destroyer program to make up for a bu
Maritime
JAPAN'S FAIR-TRADE WATCHDOG SEES NO SMUDGES IN FLAT-GLASS INDUSTRY
Bill Clifford |
Despite complaints that Japan's flat-glass industry continues to shut out foreign competition, the c
HAVING TAKEN THE PLUNGE, EXECUTIVE TOUTS S. AFRICA
Brian Johns |
Four years ago, Reggie Cook quit his job, pocketed $2,000 in savings, girded his wife and two kids a
UK MARINE SAFETY AGENCY BACKS PLACING CYPRIOT VESSEL ON LIST
Janet Porter |
Cypriot authorities complained about the inclusion of the general cargo ship Fofi on the published l
Maritime
SOUTH KOREAN GNP CLIMBED 8.1 PERCENT IN QUARTER
Reuters |
South Korea on Wednesday again posted heady quarterly growth figures, showing the economy flourishin
MARITIME BRIEFS
Wire and Staff Reports |
WORK STOPPAGE ENDS AT PORT OF KAKINADAKAKINADA, India - Conditions at Kakinada were
Maritime
GREEK JOBLESS RATE STEADY AT 7.9 PERCENT
Knight-Ridder Financial |
Unemployment in Greece remained steady at 7.9 percent in the first seven months of this year, accord
UK CITES FAULTY EQUIPMENT IN DETENTIONS ONLY ONE SHIP FOUND UNSOUND
Janet Porter |
Most of the foreign ships detained in British ports last month after failing safety inspections had
Maritime
DUTCH PRODUCTION ROSE IN 1ST HALF
Knight-Ridder Financial |
Industrial production in the Netherlands rose by 2 percent in the first half of 1994, compared with
OSHA SETS DOCK SAFETY HEARINGS
Tim Shorrock |
Shipping lines, ports, stevedores and longshore unions will provide their first input into sweeping
Maritime
WASH. APPOINTS LIAISON FOR RUSSIA
Tacoma News Tribune |
Washington state and its two largest ports have appointed a new trade representative to Vladivostok,
Maritime
TRANSPORT CALENDAR
JOC Staff |
American Trucking Associations. Aug. 24. "Effective Logistics Management Strategies" seminar. Hyatt
SHIP QUALITY IS IMPROVING, LEADING TANKER OWNER SAYS
Janet Porter |
Shipyards are building better-quality tankers than in the past despite the slump in newbuilding pric
Maritime
TANKER CHARTERERS FAVOR OLDER SHIPS, SURVEY SAYS
Reuters |
Most of the world's oil tanker charterers have used vessels more than 19 years old this year to tran
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
JORDAN PLAN TO ENFORCE IRAQ BAN TO BE TESTEDWASHINGTON - Allied ships may end enforc
Maritime
LOS ANGELES DOWNSIZES PLAN FOR COAL TERMINAL
Bill Mongelluzzo |
Lower demand for coal in Asia and higher construction costs are forcing the Port of Los Angeles to c
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