needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . march 2010 learn how and when to remove this template message p & o nedlloyd industry shipping fate taken over by maersk line founded 1997 defunct 2006 headquarters rotterdam netherlands area served worldwide services container transportation website www.ponl.com p & o nedlloyd container line limited was an anglo dutch worldwide ocean going container shipping line with dual headquarters in london and rotterdam . the company was formed in 1997 by the merger of the container shipping interests of dutch transportation company royal nedlloyd nedlloyd line and the british maritime shipping giant p & o group p & o containers . in 2004 royal nedlloyd bought the remaining shares from p & o and the company was listed as royal p & o nedlloyd on the dutch stock exchange . royal p & o nedlloyd was acquired by the danish a.p. moller maersk group maersk in 2005 and was combined with their existing container shipping business maersk sealand to form maersk line . as sealand was the usa based historic innovator of container shipping maersk line subsequently embodies the dutch british as well as danish and american merchant marine legacy . contents 1 history 2 heritage 3 gallery 4 references 4.1 notes 4.2 bibliography 5 external links history edit the company p & o nedlloyd a 50 50 joint venture was formed in december 1996 ; when p & o containers limited formerly ocl a british shipping giant merged its container shipping interests with the dutch container transportation company royal nedlloyd lines . p & o nedlloyd was the largest partner in the grand alliance which also included shippings concerns such as oocl hapag lloyd and nyk lines . expanding in 1998 the line purchased blue star line s container business . the company also acquired the container business of harrison line based in the uk . further expansion came with the buyout of farrell lines us based in 2000 . in 2001 after three years of negotiations an attempt to make p & o nedlloyd failed . with philip nevill green at the helm anglo dutch boardroom balancing got a different rational and in april 2004 royal nedlloyd purchased the 25 % shares of p & o nedlloyd from p & o and exchange the remain 25 % shares holds by p & o with 25 % shares of the newly formed listed company makes royal nedlloyd is the major shares holder . 1 p & o nedlloyd containership barentsz the company was listed on the euronext amsterdam as royal p & o nedlloyd nv . by the end of 2003 royal p & o nedlloyd was operating its worldwide business according to standardised global processes and a single it application called focus which included all commercial operational as well as financial activities . p & o nedlloyd shackleton 08oct05 approaching port of rotterdam the netherlands 08 oct 2005 in may 2005 maersk announced plans to purchase p & o nedlloyd 2 for 2.3 billion euros . 3 at the time of the acquisition p & o nedlloyd had 6 % of the global industry market share and maersk sealand had 12 % . the combined company would be about 18 % of world market share . maersk completed the buyout of the company on 13 august 2005 royal p & o nedlloyd shares terminated trading on 5 september . in february 2006 the new combined entity adopted the name m rsk line the willemswerf building the former nedlloyd and p & o nedlloyd corporate headquarters in rotterdam . currently the home of maersk lines european operations . at the time the company was folded into a.p. moller it owned and chartered a fleet of over 160 vessels . its container fleet consisting of owned and leased vessels had a capacity of 635 000 twenty foot equivalent units teu . royal p & o nedlloyd n.v. had 13 000 employees in 146 countries . . by the end of 2006 maersk global market share had fallen from 18.2 % to 16.8 % at the same time the next two largest carriers increased their market share msc went from 8.6 % to 9.5 % and cma cgm from 5.6 % to 6.5 % . 4 5 6 in january 2008 maersk line announced drastic reorganisational measures . 7 three years after the take over of p & o nedlloyd the maersk line corporate streamline strategy based on the lean six sigma process excellence principles is following the best practices of the p & o nedlloyd legacy which at the time of its take over already had a system of globally standardised business processes and one single it application to support this . heritage edit items of p & o nedlloyd and its predecessors historical heritage are displayed at both the maritime museum rotterdam and the national maritime museum in london . gallery edit p & o nedlloyd 9 6 container in a freightliner well wagon at banbury station in 2001 . p & o nedlloyd unity in suez canal . p & o nedlloyd vera cruz outbound santos brazil in 2000 . p & o nedlloyd tasman in 2000 . p & o nedlloyd barentz . references edit notes edit macalister terry 2004 02 03 . p & o casts off container unit . the guardian . london . retrieved 2010 03 21 . macalister terry 2005 05 10 . maersk and nedlloyd in bid talks . the guardian . london . retrieved 2010 03 21 . 1 notes of the p & o nedlloyd shareholder meeting 27 july 2005 urquhart donald . maersk line s market share declines in 2006 the business times marshall cavendish 29 january 07 liner shipping report axs alphaliner january 2007 adobe acrobat . pdf document kennedy frank . shipowners order new vessels worth record 105.5 b in 2006 gulf news 12 02 2007 2 interview with ceo december 2007 bibliography edit pollak richard 2004 . the colombo bay . new york simon & schuster . isbn 074320073x . external links edit wikimedia commons has media related to p & o nedlloyd . official website ponlheritage website scara ocl p & ocl ponl staff association p & o nedlloyd videos maersk line website v t e peninsular and oriental steam navigation company p & o parent company dp world divisions and subsidiaries current p & o ferries p & o ferrymasters p & o maritime services former bovis homes group pandoro ltd p & o bank p & o containers ltd p & o cruises p & o cruises australia p & o estates p & o european ferries p & o irish sea p & o nedlloyd p & o north sea ferries p & o ports ltd p & o portsmouth p & o princess cruises p & o scottish ferries p & o stena line acquisitions british india steam navigation company coast lines european ferries group ltd general steam navigation company new zealand shipping company orient steam navigation company overseas containers ltd union steamship company of new zealand category retrieved from https en.wikipedia.org w index.php title p % 26o nedlloyd & oldid 740363740 categories container shipping companies of the netherlandscontainer shipping companiescontainer shipping companies of the united kingdomdefunct shipping companiesmultinational companiesp & o company maerskhidden categories articles needing additional references from march 2010all articles needing additional referencescommons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages danskdeutschfran aisnederlandsportugu ssuomi edit links this page was last modified on 20 september 2016 at 16 04 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a 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