Independent journal on economy and transport policy
13:34 GMT+1
P&O BULK SHIPPING TO MERGE WITH CHINA GROUP
(Shipping Times)
December 1, 1997
Container line P&O Nedlloyd's 3rd-qtr profits higher
[LONDON]
British shipping group Peninsular and Oriental Steam Navigation (P&O) plans to merge its bulk shipping operations with Chinese industrial giant Shougang Group.
P&O said the merged company would create one of the world's largest dry cargo fleets, of over four million deadweight tonnes. ...... Read more on Shipping Times
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