May 2012

WORLDWIDE logistics and freight forwarding company, PSP, today announced an increase in business within the commercial boat transportation side of its business.

The firm has reported a 20 per cent increase in non-leisure boat shipments and attributes the rising figure to a heightened demand for ferry and hovercraft transportation.

The news follows PSP’s announcement in January that it had increased the turnover generated by its leisure boat transportation service by 20 per cent in 2011.

Managing Director, Frank Dixie, said:

“A key driver in the increased revenue for the non-leisure arm of our business has been the influx of requests to transport ferries across the world. Older models – be they hovercraft or catamarans – are often highly sought after once they have completed their time as passenger ferries and we are benefiting from this growing demand to transport them cross trade.

“A classic example is our work transporting a 95-tonne catamaran passenger ferry from Busan in South Korea to Derince in Turkey.

“While the UK may be back in recession, we are proving that with an eye for growing markets, quality service, competitive pricing and high visibility marketing, PSP is standing firm.”

PSP’s other divisions such as packing, marine spares and courier, are equally sharing success, with its water jet arm seeing an increase in business of around 15 per cent.