Antwerp, Duisburg Ports to Upgrade Rly Link
The Port of Antwerp and duisport are intensifying their cooperation as the Port of Antwerp will participate in the existing rail shuttle service connecting the two ports. The direct rail connection from Duisburg to Antwerp was set up by the duisport Group in 2006 under difficult competitive conditions with regard to road and inland waterway transport. The decision by the Port of Antwerp to participate in the rail link underlines the commitment of both ports to further develop this important European logistic corridor. Since the beginning of this year duisport agency GmbH (dpa), a subsidiary of Duisburger Hafen AG, has offered a direct daily departure by rail to Duisburg from a deepsea quay (Q1700) in the Port of Antwerp.
P&O To Split Off Profitable Cruise Unit
P&O Steam Navigation Co. will de-merge its cruises division to form a separate group, allowing it to focus on running its ferries and ports. The new group, the third largest cruise group which includes the Princess Cruise line, will list in New York and London by the end of 2000 and allow traditionally diversified P&O to tap directly into a rapidly growing cruise market. The announcement comes one day after Carnival Corp. -- the world's leading cruise operator -- and Malaysia's Star Cruises joined forces to buy Norwegian cruise firm NCL Holding. P&O also said it would expand its European ports and logistics business via a joint venture with Duisburg Port to develop a major inland terminal and logistics terminal at the German port.
