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13 August 2020 The on-line newspaper devoted to the world of transports 13:13 GMT+2



DECEMBER 1, 1997

P&O BULK SHIPPING TO MERGE WITH CHINA GROUP

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. ......
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