INDUSTRY BRIEFS

MOBIL CORP. closed 10 product storage terminals east of the Rocky Mountains, sold four pipeline systems in the U.S. West and Southwest, and cut its U.S. marine fleet by one third, shedding a combined 11 barges, tugs, and tankers in a year long U.S. distribution system streamlining project. The 1993 remake is helping Mobil cut costs and increase throughput. NIGERIA lifted its ban on ships that have called at ports in South Africa. The ban prevented vessels, which within the preceding 6 months