DP merges Unifeeder Shortsea and P&O Ferrymasters

DP merges Unifeeder Shortsea and P&O Ferrymasters

DP merges Unifeeder Shortsea and P&O Ferrymasters

MULTIMODAL OPERATORS

DP World is merging its two European multimodal operators Unifeeder Shortsea and P&O Ferrymasters and ‘with immediate effect’ under the latter’s name. According to the Dubai-based group, this will lead to “an improved proposition to customers across Europe.” DP World, originally a terminal operator, does not provide any information about the scope of the operation, nor whether it will have personnel consequences.

Unifeeder Shortsea is part of Unifeeder A/S, the originally Danish feeder shipping company, which DP World acquired in 2018 for 660 million dollars. It is unclear how large this activity is within the total company, which operates a fleet of more than fifty container feeders.

Dp World has invested heavily in building a logistics division in recent years and bought British P&O Ferries in 2019 for 370 million euros. P&O Ferrymasters is the logistics branch of the British ferry company, which was discredited at the beginning of this year due to the ‘flash redundancy’ of more than 800 seafarers.

DP merges Unifeeder Shortsea and P&O Ferrymasters

MULTIMODAL OPERATORS

DP World is merging its two European multimodal operators Unifeeder Shortsea and P&O Ferrymasters and ‘with immediate effect’ under the latter’s name.

According to the Dubai-based group, this will lead to “an improved proposition to customers across Europe.” DP World, originally a terminal operator, does not provide any information about the scope of the operation, nor whether it will have personnel consequences.

Unifeeder Shortsea is part of Unifeeder A/S, the originally Danish feeder shipping company, which DP World acquired in 2018 for 660 million dollars. It is unclear how large this activity is within the total company, which operates a fleet of more than fifty container feeders.

Dp World has invested heavily in building a logistics division in recent years and bought British P&O Ferries in 2019 for 370 million euros. P&O Ferrymasters is the logistics branch of the British ferry company, which was discredited at the beginning of this year due to the ‘flash redundancy’ of more than 800 seafarers.