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In 2006, the P&O Group, including P&O Ferries was sold to Dubai-based DP World. Shortly afterwards it was taken over by Dubai World. [5] On 15 January 2010, P&O Ferries announced that it would be closing the Portsmouth–Bilbao route by the end of September to coincide with the end of its existing charter for Pride of Bilbao. This meant the ...
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Nautilus International’s general secretary Mark Dickinson said the action taken by the firm was “deplorable”.
In 1998 P&O European Ferries (Irish Sea) Ltd was formed by the internal merger of Pandoro Ltd. and P&O European (Felixstowe) Ltd., to run the Irish Sea routes. In 1987, P&O took over the European Ferries Group Plc —to which it had previously sold its cross channel ferry services in 1985—which traded as Townsend Thoresen , and renamed the ...
P&O European Ferries (formerly Townsend Thoresen), a division of P&O Ferries, was a ferry company which operated in the English Channel from 1987 after the Herald of Free Enterprise disaster, when Townsend Thoresen was renamed P&O European Ferries, until 1999 when the Portsmouth Operations became P&O Portsmouth and the Dover Operations were merged with Stena Line AB to make P&O Stena Line.
DP World was criticised for paying a £270 million dividend to shareholders at the end of April 2020 while P&O Ferries cut around 1,100 jobs as demand for travel collapsed due to the coronavirus ...
The ship was launched as MS Norbank in 1993 and was delivered by October 1993 to Nordzee Verdi Stone BV, the Netherlands and started operating between Hull and Rotterdam for North Sea Ferries. She was chartered to P&O Group in January 1997 and remained on the Rotterdam route where she then transferred to the Felixstowe to Rotterdam route ...
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