National fleets healthy

Article Abstract:

Danish shipping companies such as Maersk Line plans to expand services while J Lauritzen plans to consolidate operations. The Maersk group has secured additional demand for services necessary to provide a greater amount of sea traffic while J Lauritzen experienced losses due to huge decline in market demand early in 1998. J Lauritzen plans to upgrade services and make it more adaptable in transporting commodities to put the company in a better market position.

Denmark, Services, Cover Story, Shipping industry, Maersk Line, J. Lauritzen A/S

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Owners adjust to Asian crisis

Article Abstract:

Major owners of chemical tankers in the US have been compelled to modify their management strategies as the Asian crisis continues to affect their operations. The import levels of ethylene, benzene and other essential chemicals have been reported to drop due to the decreasing demand coming from Asian countries. Problems are further aggravated by the weak performance of commodity chemicals which in turn has undermined export cargo carriage.

Chemicals & Allied Products, Chemical Manufacturing, CHEMICALS AND ALLIED PRODUCTS, Management, Economic aspects, Chemicals, Asia, Transportation, Chemical carriers (Tankers), Chemical tankers, Chemical transportation

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