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P&O Ferries struggles to raise capital for future operation

Uncertainty looms over ferry operator P&O Ferries' future operation unless the company manages to raise fresh capital from DP World, the company informs The Times.

Photo: Michel Spingler/AP/Ritzau Scanpix

Ferry operator P&O Ferries, which recently formed a partnership with Danish competitor DFDS, is struggling to stay afloat, writes British daily The Times.

According to the media, P&O Ferries admit to considerable uncertainty about its future operation unless the company manages to secure fresh capital from its Dubai-based owner, the world's largest port company, DP World.

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