The operation Stena AB comprises a number of business divisions, including: StenaLine, providing ferry services in and between Scandinavia, Great Britain, Ireland, the Netherlands, Germany and Poland; Stena RoRo providing ferry services to the transport industry; and Stena Bulk providing crude oil and petroleum transportation. P&O's businesses include international container terminal operations, ferry operations and logistics. On 27 May 2003 Stena and P&O signed a Memorandum of Understanding setting out arrangements for the proposed acquisition by Stena of certain assets relating to P&O's ferry
The UK Competition Commission partially clears an acquisition of freight and ferry assets but prohibits the acquisition of assets operating on some routes (Stena / P&O)
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