TITLE

Lykes move no surprise in maritime community

AUTHOR(S)
Finn, Kathy
PUB. DATE
August 1994
SOURCE
New Orleans CityBusiness (1994 to 2008);8/8/94, Vol. 15 Issue 5, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the transfer of the Lykes Brothers Steamship Co. to Tampa, Florida. Complaints from New Orleans city officials; Comments from maritime industry people; Consolidation with Lykes Brothers Inc.; Downsizing in the company; Reasons for the decision to move.
ACCESSION #
9410242292

 

Related Articles

  • Unions vow to fight Lykes on wage, benefit concessions.  // Traffic World;3/18/96, Vol. 245 Issue 12, p44 

    Reports that unions in the United States freight & freightage industry are vowing to fight a proposal by Lykes Bros. Steamship Company calling for major wage and benefits concesssions on chartered vessels. Comments by Captain Timothy A. Brown, international president of the Masters, Mates & Pilots.

  • Court approves continued use of cash collateral for Lykes.  // Transportation & Distribution;Jan96, Vol. 37 Issue 1, p12 

    Reports on the a court's approval of Lykes Steamship Company's use of cash collateral through February 29, 1996. Approval of motions to reject certain unexpired leases; Reductions in overhead expenses; Focusing on profitability and formulating of plans of reorganization; Resignation of Lykes...

  • Lykes returns vessels.  // Transportation & Distribution;Sep96, Vol. 37 Issue 9, p17 

    Focuses on Lykes Brothers Steamship Co.'s announcement that in order to accommodate the Almeria Lykes and Genevieve Lykes in its North Atlantic service, two chartered vessels will be returned to the owners.

  • Creditors lean harder on Lykes in bankruptcy proceedings. Darce, Keith // New Orleans CityBusiness (1994 to 2008);5/20/96, Vol. 16 Issue 46, p6 

    Reports that seven months after filing for bankruptcy, Lykes Brothers Steamship Company is faced with a dispute between two groups of creditors. Fears of higher payments by unsecured creditors; Background information on Lykes' operation; Role of Lykes Brothers Incorporated; Comments from...

  • Ruling that Lykes owns leveraged ships seen as crucial to... Brennan, Terry // Traffic World;4/8/96, Vol. 246 Issue 2, p39 

    Reports that Lykes Brothers Steamship Company has won the right to refinance its annual debt. Details on the presentation of a debt restructuring plan; Background information on Lykes reorganization; Information on the reappraisal of its four vessels; Comments from company's attorney Robert...

  • Lykes ends two South American services.  // Traffic World;5/15/95, Vol. 242 Issue 7, p40 

    Cites the reasons behind Tampa, Fla.-based Lykes Bros. Steamship Co.'s decision to end its South American services. Major restructuring planned by company; Decrease in federal operating subsidies; Lykes executive vice president Carl J. Horn's comment on closure moves.

  • Lykes Bros. withdraws controversial bid to shift ownership of subsidized vessels.  // Traffic World;7/12/93, Vol. 235 Issue 2, p39 

    Focuses on the withdrawal of Lykes Bros. Steamship Co. of its bid to transfer its aging subsidized fleet to an independent subsidiary. Opposition to transfer to Louisiana Vessel Management Inc.; Restrictions due to the 1936 Merchant Marine Act; Reason for transfer petition.

  • Lykes applies to reflag containerships under foreign registry in North Atlantic trade. Brennan, Terry // Traffic World;12/12/94, Vol. 240 Issue 11, p24 

    Reports on Lyke Bros. Steamship Co.'s application to place four new containerships under foreign registry. Excerpts from the application letter submitted by Lykes attorney Timothy B. Shea to the Maritime Administrator Admiral A.J. Herberger; Other shippers which have similarly applied to reflag...

  • Lykes Bros. Inc. diversifies interests, creates Vitality.  // Nation's Restaurant News;09/08/97, Vol. 31 Issue 36, p86 

    Reports on Lykes Brothers Inc.'s formation of Vitality Foodservice Inc., the umbrella unit for Lykes' line of Vitality brand beverages. Lykes' attempt to strengthen its away-from-home foodservice business and expand its noncarbonated beverage line.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics