P&O Ends Management Contract with Adnatco
P&O Bulk Shipping has reached an agreement with the Abu Dhabi NationalTanker Company (Adnatco) to end its management contract for the Adnatco tankerfleet. P&O has managed Adnatco's fleet since it started operations nineyears ago. The management contract covered manning, which will end in theautumn, and technical management, which includes the supervision of dryoperations. That aspect of the contract will end...