The multi-million euro investment is key to P&O Ferrymasters’ strategic growth plan and will allow continued growth of new routes and services across Europe and Asia, with the containers being added to the existing fleets in the second half of 2019.
In 2018 P&O Ferrymasters announced an order for 700 new 45’ pallet wide high-cube containers and 240 new 45’ swap body units to add to its significant pan-European network and rapidly growing Mediterranean based businesses. This additional order will bring P&O Ferrymasters’ total capacity to 4,000 containers units and 2,000 trailers.
This infrastructure will play a crucial role supporting the company’s competitive services across Europe and its new routes connecting Western Europe with Eastern Europe, Turkey and beyond. P&O Ferrymasters will continue to expand its routes from Western Europe through to Asia by developing hubs such as its own rail terminal in Oradea, Romania, and by continuing to invest in its transport assets.
Wim Blomme, Intermodal Director at P&O Ferrymasters, said: “As P&O Ferrymasters continues to expand the reach of our services across Europe and Asia, we will continue to make significant investments like this into our vital transport assets to ensure the capacity and quality of service our clients need. This new investment into freight containers will support our growing network, allowing us to continue to improve transport costs through enhanced modal shift, and provide the far reaching and reliable services P&O Ferrymasters is known for.”
P&O Ferrymasters is a leading pan-European provider of logistics solutions. The company serves 21 strategic locations in 13 countries across the continent, operating integrated road, rail and sea links via a fleet of more than 5,000 trailers and containers. P&O Ferrymasters also owns a rail terminal in the Romanian city of Oradea, which facilitates the onward movement of goods to Britain from Asian countries via the Silk Road.
The company is a division of P&O Ferries, which sails on eight major routes between Britain, France, Northern Ireland, the Republic of Ireland, Holland and Belgium. It operates more than 20 vessels which carry 10 million passengers, 1.6 million cars and 2.2 million freight units every year.