Shipping sanctions get mixed reception

Article Abstract:

The United States' imposition of $100,000 penalty to Japanese cargo ship lines Mitsui O.S.K. Line Ltd, Nippon Yusen and Kawasaki Kisen Kaisha Ltd. everytime they make calls on US ports has made Japan angry. However, the move by the US Federal Maritime Commission, which will take effect April 1, 1997, has been applauded by some ship operators in Japan because it will pave the way towards the reformation of port regulations in Japan. The country charges very high rates to all vessels, be it Japanese or foreign, making it difficult for foreign firms to enter the Japanese market.

United States, International trade, Japanese foreign relations, United States foreign relations, Mitsui O.S.K. Lines Ltd., Kawasaki Kisen Kaisha Ltd.

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Dollar-dependent Japanese shares seem good bets as yen weakens, analysts say

Article Abstract:

Stock analysts are advising investors in the Japanese stock market to place their money in trade-related stocks to benefit from the depreciation of the yen against the US dollar. They believe that shares of Japanese companies whose earnings rise and fall with the dollar offer the greatest potential for profits in such a situation. These include shares of shipping company Nippon Yusen KK and industrial plant builder Chiyoda Chemical Engineering and Construction Company Ltd.

Heavy construction, not elsewhere classified, Industrial Nonbldg Constructn, Industrial Nonbuilding Structure Construction, Construction industry, Heavy construction, Prices and rates, Forecasts and trends, Stock-exchange, Stock exchanges, Industrial construction, Yen (Japan), Nikkei 225 Index (Index), Chiyoda Chemical Engineering and Construction Company Ltd.

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Analysts see KPB's prospects buoyed by trade growth, political connections

Article Abstract:

Analysts are advising investors to buy up shares in the newly listed Malaysian shipping company, Konsortium Perkapalan (KPB). They state that the steady growth of Malaysia's exports coupled with the company's strong political connections make it a very attractive investment choice. The company chairman is Mirzan Mahathir, the eldest son of Malaysian Prime Minister Mahathir Mohammad.

Konsortium Perkapalan

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