P&O Ferries seeks to navigate Brexit
British ferry operator P&O said Tuesday that it will register to Cyprus its ships operating on the English Channel in order to function more smoothly after Brexit.
The company operates a total of 20 ships and six of those will be re-flagged -- which means a change in their national registration.
"In advance of Britain leaving the European Union on 29th March 2019, we undertook a review of the flag status of our ships on the English Channel," a spokesman said.
"For operational and accounting reasons, we have concluded that the best course of action is to re-flag all ships to be under the Cyprus flag."
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