Peninsular and Oriental Steam Navigation Company

Peninsular And Oriental Steam Navigation Company

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Peninsular and Oriental Steam Navigation Company

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For P&O Cruises, the former passenger cruise service spun off and now independently operated see Carnival Corporation & Plc or P&O Cruises.




The Peninsular and Oriental Steam Navigation Company, which is usually known as P&O, is a British shipping and logistics company which dated from the early 19th century. Following its sale in March 2006 to Dubai Ports World for £3.9 billion, it became a subsidiary of DP World; however, the P&O brand has been retained. The company was headquartered in London, in the United Kingdom; it was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.

History

In 1822, Brodie McGhie Willcox, a London ship broker, and Arthur Anderson, a sailor from the Shetland Isles, northern Scotland, went into partnership to operate a shipping line, primarily operating routes between England and Spain and Portugal. In 1835, Dublin shipowner Captain Richard Bourne joined the business, and the three men started a regular steamer service between London and Spain and Portugal - the Iberian Peninsula - using the name Peninsular Steam Navigation Company, with services to Vigo, Oporto, Lisbon and Cádiz. The company flag colours are directly connected with the Peninsular flags: the white and blue represent the Portuguese flag in 1837, and the yellow and red the Spanish flag.

In 1837, the business won a contract from the British Admiralty to deliver mail to...
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