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P&O says Y2K will make shipping suffer

By Aled Herbert

Published: 6 October 1999 17:26 BST

The shipping industry in the developed world could suffer a worse Y2K problem than developing nations, according to a report from Anglo-Dutch shipping group, P&O Nedlloyd.

The company claims the complexity of computer systems, power supplies and telecommunications systems could mean more modern vessels will be hit harder than the simpler systems in developing world countries.

P&O's research identifies ship propulsion systems and dockside cranes as two particularly vulnerable areas. The report also warns that consumer panic over the date change could induce a glut of pre-millennium transportation requests.

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