P&O-Ferries
P&O-Ferries is a significant player in the ferry transportation industry, operating primarily in the United Kingdom and France. Here's an overview:
History
- Foundation: P&O-Ferries was established as a result of the merger between P&O (The Peninsular and Oriental Steam Navigation Company) and European Ferries in 1987.
- Development: Over the years, the company expanded its routes, fleet, and services, becoming one of the largest ferry operators in the English Channel.
- Acquisitions: In 1996, P&O-Ferries acquired Stena Line's operations in the Channel, significantly increasing its market share.
- Challenges: The company faced several financial and operational challenges, including competition from Eurotunnel and the broader economic downturns.
Operations
- Routes: P&O-Ferries operates several key routes, including:
- Fleet: The company maintains a modern fleet designed for both passengers and freight, with vessels like the Pride of Burgundy and European Seaway.
- Services: P&O-Ferries offers passenger services, freight transport, and special services like club class travel, duty-free shopping, and onboard entertainment.
Recent Developments
- Environmental Initiatives: P&O-Ferries has been active in reducing its environmental impact through investments in cleaner technologies and operational efficiencies.
- Corporate Changes: In 2022, P&O-Ferries made headlines due to a controversial decision to replace 800 crew members with lower-paid agency staff, which resulted in significant public and regulatory scrutiny.
Corporate Structure
- Parent Company: P&O-Ferries is currently owned by DP World, a multinational logistics company based in the United Arab Emirates.
Sources
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