Our History

 

 

 

P&O Maritime has an illustrious legacy as a member of the P&O Group. The legendary P&O Steam Navigation Company, established in 1837, is widely regarded as the pioneer of modern-day international shipping. With offices in Australia, the United Kingdom, Ireland, France, the UAE, Papua New Guinea, Paraguay and Argentina, P&O Maritime operates in all seven continents. P&O’s history is proudly preserved through the P&O Heritage Collection.

1960s

The post-World War II world was entering a new era of cheap energy with oil discoveries across the globe when P&O, already a veteran among international shipping companies identified a new opportunity - servicing the offshore oil and gas industry in Australia. Beaufort Shipping Agency, the Australia-based subsidiary of P&O, received several vessels from its parent and in 1968 renamed itself as P&O Offshore Services. This company subsequently built over 20 vessels in Australia and operated them within Australia and South East Asia.

1970s

Subsequently renamed P&O Maritime, the company grew rapidly through the energy-hungry 1970s, expanding the services offered, moving into new geographic locations and establishing a regional management structure.

1980s

Building on its success and to meet rising market demand in South East Asia, P&O Maritime launched the first of our regional operations to provide management services in 1986 with its base in Singapore.

P&O Maritime also launched a new business line when it secured a long term contract to build and operate barges in Papua New Guinea, carrying copper concentrates along river systems and coastal areas. Over the years, our business has expanded to provide a full range of cargo services and river transportation for the region’s mining industry.

1990s

The last decade of the 20th century saw a series of important milestones in our evolution, beginning with the acquisition of 50% ownership of Carpentaria Shipping Services (CSS). This is a joint venture with the local community that owns and operates under our management, a self-discharging bulk carrier in Australia's Northern Territory.

2000s

The new millennium saw P&O Maritime extend business operations to Galway, Ireland, providing technical, operational support and ship management services.

In 2006, DP World purchased the P&O Group of Companies, which included P&O Maritime.

In 2008, P&O Maritime expanded into the United Arab Emirates providing vital support to DP World’s flagship Jebel Ali terminal and Port Rashid.

In 2009, P&O Maritime expands its operations into South America with the acquisition of 70% of the shares in the Dos Santos Group Bulk Barging business based in Paraguay. This business provides pusher tugs and bulk barges that operate on the Paraguay/Parana river waterway for the transport of grain and iron ore. Offices are established in Buenos Aires, Argentina and Asuncion, Paraguay.

2010s

In 2012, we expanded our operations into East Africa with an agreement to provide the Port of Maputo in Mozambique a range of services including management, pilotage, mooring services, crewing and maintenance of tugs and boats. The deal also includes a commitment to invest in new assets and training.

2012 also saw P&O Maritime enter a new era with the relocation of our Corporate Office to Dubai in the United Arab Emirates.

In 2014, P&O Maritime acquired a majority stake in Remolcadores de Puerto y Altura S.A. (REPASA), the Spanish operator of offshore support vessels for the energy industry. The new entity flies the P&O Maritime colours. REPASA wins the tender to provide towage and mooring services to Punta Europe LNG terminal in Equatorial Guinea owned and operated by Marathon Oil. [7] vessels are deployed.

In 2016, Base Marine Norway was established, and P&O Maritime was awarded management agreement for P&O Ports.

2017 saw P&O Maritime acquire Reyser (Remolques y Servicios Maritimos, S.L.) a Spanish company providing maritime services internationally since 1966.

Also in 2017, DP World acquired Dry Docks World with management granted to P&O Maritime, and P&O Marinas was established - a JV agreement with IGY Marinas.

 

 

P&O Maritime customer portfolio