TITLE

Lykes bankruptcy signals new era for U.S. maritime industry

AUTHOR(S)
Darce, Keith
PUB. DATE
October 1995
SOURCE
New Orleans CityBusiness (1994 to 2008);10/30/95, Vol. 16 Issue 17, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the bankruptcy of Lykes Brothers Steamship Co. and the changes in the maritime industry in the United States. Government subsidies to the maritime industry; Lykes' petition for bankruptcy protection.
ACCESSION #
9512025218

 

Related Articles

  • Lykes Bros. creditors question viability of bankruptcy plan, capital sufficiency. Brennan, Terry // Traffic World;1/29/96, Vol. 245 Issue 5, p39 

    Reports that creditors for Lykes Bros. Steamship Lines might have trouble getting their financial due since the carrier have problems meeting its post-bankruptcy debts. Concern aired by creditors; Effort of Lykes to become the first container carrier since Waterman Steamship Co. to emerge from...

  • Lykes' creditors extend cash collateral.  // Transportation & Distribution;Jul96, Vol. 37 Issue 7, p10 

    Reports that Lykes Brothers Steamship Co. has made a proposal for the continued use of cash collateral to both its banks and to its Official Creditors' Committee.

  • Lykes in critical talks to restructure debt. Brennan, Terry // Traffic World;2/12/96, Vol. 245 Issue 7, p29 

    Reports on Lykes Bros. Steamship Lines' negotiations to restructure its debt. Features of the negotiations; Total amount of debt by the company; Comment by Steven Singerman, attorney for the committee of Lykes' unsecured creditors; Background on the debts; Cost of the debt on the company's four...

  • Since filing bankruptcy, Lykes has positive cash flow.  // Traffic World;2/26/96, Vol. 245 Issue 9, p28 

    Reports that Lykes Brothers Steamship Company amassed $487,000 in positive cash flow in the latter part of 1995. Other statistics concerning Lykes' finances; Comments from Harley Reidel, Lykes' attorney.

  • Creditors and customers work with Lykes.  // Transportation & Distribution;Dec95, Vol. 36 Issue 12, p16 

    Reports on developments related to Lykes Brothers Steamship Co.'s Chapter 11 bankruptcy petition. Creditors' and customers' intention to help the company emerge successfully from bankruptcy.

  • Sea-Land blasts plan.  // Traffic World;04/28/97, Vol. 250 Issue 4, p24 

    Reports on Sea-Land Service Inc.'s objection to the transfer of government ship subsidies of Lykes Bros. Steamship Co. to suitor Canadian Pacific Ltd. Petition to the US Maritime Administration to reject Lykes' reorganization plan; Canadian Pacific's conditional agreement to acquire Lykes Bros....

  • Transportation Claims Council spearheads drive to secure DOT funding.  // Business Credit;Oct95, Vol. 97 Issue 9, p2 

    Reports on the Transportation Claims Council. Drive to urge Congress to provide sufficient funds for the Department of Transportation; Efforts to urge Congress to retain Carmack Amendment; Contact information.

  • Attack on fees escalates.  // Traffic World;03/16/98, Vol. 253 Issue 11, p17 

    Comments on the opposition against a Coast Guard proposal to impose fees for navigational aids, by shippers and carriers in the United States. Impact of the Navigation Assistance Tax on shippers and carriers; Reason for opposition; Circumstances surrounding the proposal.

  • New York port loses ground.  // Crain's New York Business;6/03/96, Vol. 12 Issue 23, p42 

    Presents graphs reflecting data relevant to the shipping industry in the United States. Oceanborne foreign trade through New York port; North Atlantic shipping.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics