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Freight transport , also referred to as freight forwarding , is the physical process of transporting commodities and merchandise goods and cargo . The term shipping originally referred to transport by sea but in American English , it has been extended to refer to transport by land or air (International English: "carriage") as well. " Logistics ", a term borrowed from the military environment, is also used in the same sense.

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52-486: P&O (in full, The Peninsular and Oriental Steam Navigation Company ) 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. DP World currently operates several P&O branded businesses, P&O Ferries , Istithmar P&O Estates , and P&O Maritime Logistics . It also operates P&O Heritage, which

104-473: A FTSE 100 company when BPB plc was taken over. A bidding war commenced when Singapore's PSA International made a £3.5 billion offer, which Dubai Ports World then topped with a bid of £3.9bn (US$ 7bn). Despite speculation that it would make a higher bid, PSA withdrew, and in February 2006 shareholders voted in favour of the offer from Dubai. The combined group is the world's third largest ports operator. When

156-596: A London ship broker , and Arthur Anderson , a sailor from the Shetland Isles, went into partnership to operate a shipping line, primarily operating routes between England, Spain and Portugal. In 1835, Dublin shipowner Captain Richard Bourne joined the business, and the three men chartered the William Fawcett and started a regular steamer service between London and Spain and Portugal –

208-487: A given hull size. Passenger ships are subject to two major International Maritime Organization requirements : to perform musters of the passengers (...) within 24 hours after their embarkation and to be able to perform full abandonment within a period of 30 minutes from the time the abandon-ship signal is given . Transportation Research Board research from 2019 reported passenger vessels, much more than freight vessels, are subject to degradations in stability as

260-564: A high-profile asset. AIG GIG was an experienced infrastructure investor globally, having also recently acquired the London City Airport . On 16 December 2006 P&O Dover (Holdings) Limited , a subsidiary of P&O and DP World sold its shares Phase 1 (22.5%) and Phase 2 (owned indirectly 22.5% shares), a port of Shenzhen , People's Republic of China , to a joint venture company of China Merchants Holdings (International) and Modern Terminals Limited (MTL), for which MTL bore

312-418: A leading position in these fields. Fastcraft is the name given to the service implemented after the split-up of P&O European Ferries in 1998. The first ship was called Superstar Express (entered service in 1998) and sailed alongside Pride of Cherbourg and Pride of Hampshire between Portsmouth and Cherbourg. On 6 March 1987, the roll on/roll off ferry, Herald of Free Enterprise , capsized off

364-622: A major commercial shipping line and passenger liner operator. In 1914, it took over the British India Steam Navigation Company , which was then the largest British shipping line, owning 131 steamers. In 1918, it gained a controlling interest in the Orient Line , its partner in the England-Australia mail route. Further acquisitions followed and the fleet reached a peak of almost 500 ships in

416-408: A result of increases in lightship weight. Passenger vessels appear to be more pressing candidates for lightship weight-tracking programs than freight vessels. Passengers on ships without backup generators suffer substantial distress due to lack of water, refrigeration, and sewage systems in the event of loss of the main engines or generators due to fire or other emergency. Power is also unavailable to

468-502: A ship's GRT and displacement were somewhat similar in number. For example, Titanic , put in service in 1912, had a GRT of 46,328 and a displacement reported at over 52,000 tons. Similarly, Cunard Line's mid-1930s RMS  Queen Mary and RMS Queen Elizabeth were of approximately 81,000 – 83,000 GRT and had displacements of over 80,000 tons. Today, due to changes in construction, engineering, function, architecture, and, crucially, measurement system – which measures functionally all of

520-526: A ship's internal volume, not just part of it – modern passenger ships' GT values are much higher than their displacements. The Cunard Queens' current successor, the 148,528 GT Queen Mary 2 , has been estimated to only displace approximately 76,000 tons. With the completion in 2009 of the first of the over 225,000 GT Oasis -class cruise ships, Oasis of the Seas , passenger ships' displacements rose to 100,000 tons, well less than half their GT. This new class

572-586: A total steel superstructure. In 1847, shortly after the Opium War , P&O entered the opium trade; shipping 642,000 chests of Bengal and Malwa opium in the next eleven years. They faced stiff competition from the incumbent shippers, Jardines and the Apcar Line . Mail contracts were the basis of P&O's prosperity until the Second World War , but the company also continued to become

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624-408: Is calculated based on "the moulded volume of all enclosed spaces of the ship", and is used to determine things such as a ship's manning regulations, safety rules, registration fees, and port dues. It is produced by a mathematical formula, and does not distinguish between mechanical and passenger spaces, and thus is not directly comparable to historic GRT measurements. Displacement , a measure of mass,

676-425: Is characteristic of an explosive growth in gross tonnage, which has more than doubled from the largest cruise ships of the late 1990s. This reflects the much lower relative weight of enclosed space in the comparatively light superstructure of a ship versus its heavily reinforced and machinery-laden hull space, as cruise ships have grown slab-sided vertically from their maximum beam to accommodate more passengers within

728-420: Is compared to standard shipping, the price of which typically includes only the expenses incurred by the shipping company in transferring the object from one place to another. Customs fees, import taxes and other tariffs may contribute substantially to this base price before the item ever arrives. Passenger liner A passenger ship is a merchant ship whose primary function is to carry passengers on

780-507: Is not commonly used for passenger vessels. While a high displacement can indicate better sea keeping abilities, gross tonnage is promoted as the most important measure of size for passenger vessels, as the ratio of gross tonnage per passenger – the Passenger/Space Ratio – gives a sense of the spaciousness of a ship, an important consideration in cruise liners where the onboard amenities are of high importance. Historically,

832-431: Is shipped under a single contract but performed using at least two different modes of transport (e.g. ground and air). Cargo may not be containerized. Multimodal transport featuring containerized cargo (or intermodal container ) that is easily transferred between ship, rail, plane and truck. For example, a shipper works together with both ground and air transportation to ship an item overseas. Intermodal freight transport

884-497: Is the official historic archive and collection of P&O. P&O Cruises was sold in 2000, and is now owned and operated by Carnival Corporation & plc , although the trademark for "P&O Cruises" is still held by the Peninsular and Oriental Steam Navigation Company and used under licence. The former shipping business, P&O Nedlloyd , was bought by and is now part of Maersk Line . In 1822, Brodie McGhie Willcox ,

936-402: Is transported by air in specialized cargo aircraft and in the luggage compartments of passenger aircraft. Air freight is typically the fastest mode for long-distance freight transport, but it is also the most expensive. Cargo is exchanged between different modes of transportation via transport hubs , also known as transport interchanges or Nodes (e.g. train stations, airports, etc.). Cargo

988-400: Is typically more affordable than air, but more expensive than sea, especially in developing countries , where inland infrastructure may not be efficient. In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility near ports due to

1040-522: Is used to plan the route and carry out the shipping service from the manufacturer to the door of the recipient. The Incoterms (or International Commercial Terms) published by the International Chamber of Commerce (ICC) are accepted by governments, legal authorities, and practitioners worldwide for the interpretation of the most commonly used terms in international trade. Common terms include: The term "best way" generally implies that

1092-674: The Atlantic Ocean between Europe and the United States or travel even further to South America or Asia while cruise ships typically serve shorter routes with more stops along coastlines or among various islands. Both the Queen Elizabeth 2 ( QE2 ) (1969) and her successor as Cunard's flagship RMS  Queen Mary 2 ( QM2 ), which entered service in 2004, are of hybrid construction. Like transatlantic ocean liners, they are fast ships and strongly built to withstand

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1144-648: The British-India Steam Navigation Company (BI). The amalgamation of these two companies began in 1914 but BI had retained its own identity until this time. Strick Line and Hain-Nourse, amongst several other lines were also taken over in the early 1970s. BI cargo ships were renamed Strath*M* ( Strathmore , Strathmuir , Strathmay , etc.) or Strath*C* ( Strathcarron , Strathcarrol ), the Strick line ships renamed Strath*A* ( Strathanna , Strathaird , Strathattrick (the big "A") etc.) and

1196-479: The Iberian Peninsula – using the name Peninsular Steam Navigation Company , with services to Vigo , Oporto , Lisbon and Cádiz . As the Peninsular and Oriental Steam Navigation Company was incorporated in 1840 by a royal charter its name therefore included neither " plc " nor " Limited ". The company flag colours are directly connected with the Peninsular flags: the white and blue represent

1248-560: The International Convention for the Safety of Life at Sea (SOLAS) requires passenger ships operating in international waters must either be constructed or upgraded to exclude combustible materials. It is believed some owners and operators of ships built before 1980, which are required to upgrade or retire their vessels, will be unable to conform to the regulations. Fred. Olsen Cruise Line 's Black Prince , built in 1966

1300-654: The Portuguese flag in 1837, and the yellow and red the Spanish flag . At the height of the Carlist Wars the British lent their support to the legitimate heirs of Spain and Portugal and all three P&O founders played their part, from gun running to chartering steamers. As a consequence of this association and involvement P&O officers are some of the few Merchant Navy officers entitled to wear swords, alongside

1352-542: The merchant marine , passenger ships have also been used as troopships and often are commissioned as naval ships when used as for that purpose. Passenger Ship Types: Passenger ships include ferries , which are vessels for day to day or overnight short-sea trips moving passengers and vehicles (whether road or rail); ocean liners , which typically are passenger or passenger-cargo vessels transporting passengers and often cargo on longer line voyages; and cruise ships , which often transport passengers on round-trips, in which

1404-557: The Carnival Corporation to form Carnival Corporation & plc . In June 2004, P&O sold its 25% stake in Royal P&;O Nedlloyd , a major container shipping business into which its container operations had been merged in 1996. Some records state that original staff members partially diverged to form Paeteco Imports and Exports in 2005, a small, privately held international subsidiary of Jcorp. The container company

1456-781: The Hain-Nourse ships Strath*T* ( Strathtruim , Strathtay etc.). The newest ships were 6 Strath*D*s ( Strathdoon , Strathduns etc.), SD14s built in Sunderland. P&O also built 6 ships in Stocznia Gdansk, Poland (the Strath*E*s) and 2 ships in Japan (the Strath*F*s) and bought into DOT, a naval shipping company. In 1975, P&O established Pandoro for operation of the company's Irish Sea RO-RO routes. Pandoro

1508-493: The Seas in October 2009. Because of changes in historic measurement systems, it is difficult to make meaningful and accurate comparisons of ship sizes. Historically, gross register tonnage (GRT) was a measure of the internal volume of certain enclosed areas of a ship divided into "tons" equivalent to 100 cubic feet (2.8 m ) of space. Gross tonnage (GT) is a comparatively new measure, adopted in 1982 to replace GRT. It

1560-483: The coast of Zeebrugge with 80 crew and 459 passengers aboard. 193 were killed in the capsizing. The operator of the ship, Townsend Thoresen , had been purchased by P&O in 1986. The incident resulted in a coroner's inquest and a public inquiry. A jury at the coroner's inquest found a prima facie case that the company was guilty of manslaughter , and the Crown Prosecution Service charged

1612-662: The company and seven employees (see corporate manslaughter ). The charges did not result in any convictions. As part of the public inquiry, Lord Justice Sheen wrote in a July 1987 report that Townsend Thoresen (the company) possessed a "disease of sloppiness" which permeated the company's hierarchy. The cases surrounding the incident set a precedent for the prosecution of corporations in cases of manslaughter and criminal negligence in English law . On 23 October 2000 P&O divested its cruise business to form P&O Princess Cruises . In April 2003 P&O Princess came together with

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1664-472: The crew of the ship to operate electrically powered mechanisms. Lack of an adequate backup system to propel the ship can, in rough seas, render it dead in the water and result in loss of the ship. The 2006 Revised Passenger Ship Safety Standards address these issues, and others, requiring that ships ordered after July, 2010 conform to safe return to port regulations; however, as of 2013 many ships remain in service which lack this capacity. After October 1, 2010,

1716-472: The first of their kind and the forerunner of modern cruise holidays . The company later introduced round trips to destinations such as Alexandria and Constantinople and underwent rapid expansion in the later half of the 19th century, with its ships becoming larger and more luxurious. One particularly notable ship of the era was the SS Ravenna , built in 1880, which became the first ship to be built with

1768-488: The intent to interfere with the change. On 9 March 2006, DP World agreed to sell its terminal operations at the American ports to an American company. On 11 December 2006 it was announced that AIG Global Investment Group, a division of insurance giant AIG , had acquired P&O Ports North America for an undisclosed sum. Investing in infrastructure had become the latest "hot" item for financial firms, and P&O represented

1820-847: The introduction of Strathaird , which departed on a cruise to Brisbane and Norfolk Island . Eighty-five of the company's ships were sunk in the First World War and 179 in the Second World War. After 1945, the passenger market declined to India, but boomed to Australia with the advent of paid-passages for literate and healthy European immigrants known as Ten Pound Poms . P&O built 15 large passenger liners, including Himalaya , Chusan , Arcadia , and Iberia , culminating in Oriana and Canberra , which were an unprecedented speed and size. By 1968, over 1 million immigrants had arrived—many via P&O—and Australia ended

1872-712: The last quarter of the Twentieth Century P&;O diversified into construction management (through the Bovis companies, which it owned from 1974 to 1999), property investment and development, and a variety of service businesses including exhibition and conference centres, but most of these activities were disposed of following the company's decision in March 1999 to concentrate on maritime and transport. Its P&O Ports and P&O Cold Logistics divisions developed from P&O's operations in Australia, where it has

1924-671: The likes of Trinity House . In 1837, the business won a contract from the British Admiralty to deliver mail to the Iberian Peninsula and in 1840 they acquired a contract to deliver mail to Alexandria in Egypt. Brindisi, Italy was added to the route in the 1870s. P&O first introduced passenger services in 1844, with a leisure cruise departing from Southampton to the Mediterranean . These voyages were

1976-560: The limited coastlines of countries. Much freight transport is done by cargo ships . An individual nation's fleet and the people that crew it are referred to as its merchant navy or merchant marine. According to a 2018 report from the United Nations Conference on Trade and Development (UNCTAD) , merchant shipping (or seaborne trade) carries 80-90% of international trade and 60-70% by value. On rivers and canals , barges are often used to carry bulk cargo . Cargo

2028-740: The merger was approved by the US government in February 2006, the Bush Administration came under fire from critics who questioned the decision to allow an Arab-owned company to oversee US ports. The move placed the leasehold interests of P&O in New York City , Newark , Baltimore , Miami , New Orleans , and Philadelphia under the control of Dubai Ports World. US operations represent ten percent of P&O's worldwide operations, and consist primarily of cranes and terminals. Many US politicians and media commentators assumed implicitly that

2080-494: The merger would affect port security at ports that P&O either managed or handled the loading and unloading of ships. David Osler, Industrial Shipping Editor of Lloyd's List said that US security procedures and overall port control would not be affected by the transaction. Several US states sought ways to block the move, citing security concerns as well as the possibility of losing related leases of foreign ports. President Bush stated he would veto any legislation created with

2132-663: The mid-1920s. In 1920, the company also established a bank, P&O Bank , that it sold to Chartered Bank of India, Australia and China (now Standard Chartered Bank ) in 1927. At this time it established a commercial relationship with Spinney's of Haifa , that developed into a major regional high-end grocery store chain, which eventually provided shipping services access to much of the Middle East. Until 1934 it operated liners from Key West, Florida to Havana ; then it operated from Miami to Cuba until 1960. In 1932, P&O expanded their passenger operations to Australia , with

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2184-482: The programme. P&O entered the cruise market and began to sell and scrap many of these liners. It concentrated mainly on cargo ships . It entered the tanker trade in 1959 and the roll-on roll-off (RORO) ferry business in the mid-1960s. P&O and Orient Line were formally merged in 1960 to form P&O-Orient Lines. In 1964, Orcades and Oronsay were transferred to the P&;O fleet. The name Orient Line

2236-523: The remaining OCL partners, renaming the operation P&O Containers Limited (P&OCL). P&OCL was merged with Nedlloyd in 1996 to form P&O Nedlloyd . With the development of low-cost air travel and the rising operating costs of ocean liners in the 1970s, P&O refocused its passenger operations on cruise ships. This culminated in the foundation of the subsidiary company P&O Cruises in 1977, under which P&O carried out its subsequent passenger operations. In 1972, P&O formally absorbed

2288-641: The rigors of the North Atlantic in line voyage service, but both ships are also designed to operate as cruise ships, with the amenities expected in that trade. QM2 was superseded by the Freedom of the Seas of the Royal Caribbean line as the largest passenger ship ever built; however, QM2 still hold the record for the largest ocean liner. The Freedom of the Seas was superseded by the Oasis of

2340-477: The same piece of equipment and avoiding multiple transactions, trans-loading, and cross-docking without interim storage. International DTD is a service provided by many international shipping companies and may feature intermodal freight transport using containerized cargo . The quoted price of this service includes all shipping, handling, import and customs duties, making it a hassle-free option for customers to import goods from one jurisdiction to another. This

2392-822: The sea. The category does not include cargo vessels which have accommodations for limited numbers of passengers, such as the ubiquitous twelve-passenger freighters once common on the seas in which the transport of passengers is secondary to the carriage of freight. The type does however include many classes of ships designed to transport substantial numbers of passengers as well as freight. Indeed, until recently virtually all ocean liners were able to transport mail, package freight and express, and other cargo in addition to passenger luggage, and were equipped with cargo holds and derricks, kingposts, or other cargo-handling gear for that purpose. Only in more recent ocean liners and in virtually all cruise ships has this cargo capacity been eliminated. While typically passenger ships are part of

2444-441: The shipper will choose the carrier that offers the lowest rate (to the shipper) for the shipment. In some cases, however, other factors, such as better insurance or faster transit time, will cause the shipper to choose an option other than the lowest bidder. Door-to-door ( DTD or D2D ) shipping refers to the domestic or international shipment of cargo from the point of origin (POI) to the destination while generally remaining on

2496-508: The trip itself and the attractions of the ship and ports visited are the principal draw. There are several main types: Although some ships have characteristics of both types, the design priorities of the two forms are different: ocean liners value speed and traditional luxury while cruise ships value amenities (swimming pools, theaters, ball rooms, casinos, sports facilities, etc.) rather than speed. These priorities produce different designs. In addition, ocean liners typically were built to cross

2548-799: The whole cost. Shenzhen was ranked 4th in list of world's busiest container ports and Shekou Container Terminals was one of the four major terminals of Shenzhen. P&O (aka DP World) manages two ports in the UK : P&O operates ferries under the brand P&O Ferries with operations in the following areas: Other port operators in the UK include: European Seaway Shipping In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Land or "ground" shipping can be made by train or by truck (British English: lorry ). Ground transport

2600-581: Was an acronym for P and O Ro . 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 company P&O European Ferries. Over

2652-414: Was dropped altogether in 1966 when Orsova and Oriana were also transferred to the P&O fleet. In 1969, British and Commonwealth Shipping , Furness Withy , P&O and The Ocean Steamship Company established Overseas Containers Limited (OCL) to exploit containerisation . By the early 1980s, it had converted all of its dry cargo liner routes to container operations and in 1986 it bought out

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2704-585: Was later (June 2005) purchased by A.P. Moller-Maersk Group . On Sunday 30 October 2005 The Sunday Times reported that P&O was in takeover talks with Thunder FZE, a wholly owned subsidiary of Dubai Ports World , a company owned by the government of Dubai in the United Arab Emirates . On 29 November, the P&O board announced that it would be recommending an offer of 443 pence per share, worth £3.3 billion ( US$ 5.7 billion) to its shareholders. In early December P&O regained its status as

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