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P&O (in full, The Peninsular and Oriental Steam Navigation Company [1]) was a British shipping and logistics company dating from the early 19th century. Formerly a public company, it was sold to DP World in March 2006 for £3.9 billion.
P&O Ferries is a British shipping company that operates ferries from Scotland to Northern Ireland, and from England to Continental Europe (France, Belgium and the Netherlands). The company was created in 2002 through mergers and acquisitions within P&O. It has been owned by Dubai-based DP World since 2019.
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P&O Cruises is a British cruise line based at Carnival House in Southampton, England, operated by Carnival UK and owned by Carnival Corporation & plc.It was originally a subsidiary of the freight transport company P&O and was founded in 1977. [1]
P&O Princess Cruises merged with Carnival Corporation on April 17, 2003, to form the world's largest cruise operating company in a deal worth US$5.4 billion. [ 24 ] [ 25 ] As a result of the merger, Carnival Corporation and P&O Princess were integrated to form Carnival Corporation & plc , with a portfolio of eleven cruise ship brands.
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The Newhaven-Dieppe service was closed in early 1999. P&O Stena was replaced on the route by Transmanche Ferries and Hoverspeed. In April 2002, P&O announced its intention to buy out the 40% stake in P&O Stena Line owned by Stena and this was completed by August. P&O Stena Line then became part of P&O Ferries.
During 2006, P&O's ferry and port operations were taken over by DP World. In 2010, P&O Irish Sea, which had been run from the parent company's offices in Dover since the withdrawal from Fleetwood in 2004, was rebranded as part of P&O Ferries. [5] Officially the company name remains as P&O European Ferries (Irish Sea) Ltd, however. [2]