DP World has combined Unifeeder Shortsea with P&O Ferrymasters to offer an enhanced proposition to its European customers.
The agreement will take place with immediate effect and will establish a single brand – P&O Ferrymasters – combining the strengths of both multimodal operators under DP World’s wing, offering customers Intra-European multimodal transportation solutions via trailer, container, and rail.
“By joining the forces of the two leading multimodal specialists we will establish a single brand standing for unique intra-European multimodal transportation and logistics services,” said Timm Niebergall, CEO of P&O Ferrymasters.
“It will enable our valued customers to benefit from the widened outreach and network, as well as direct access to a full range one-stop shop for multimodal supply chains services in Europe, while our vendors will benefit from opportunities for closer collaboration.”
All present agreements with P&O Ferrymasters and Unifeeder Shortsea will be honoured and remain in place and there will be no changes to the daily business or operations.
In other recent news, DP World has commenced construction of a new container terminal, vertical quay, and silo in the Port of Novi Sad to support the Serbian agricultural industry.
The project is part of DP World’s €30 million ($21 million) investment in the port and the most significant proportion of the investment to date.
The ground-breaking ceremony was attended by the Minister of Construction, Transport and Infrastructure, Tomislav Momirović, and Mayor of Novi Sad, Miloš Vučević on 13 May.