centres, but most of these activities were disposed of following the company's decision in March 1999 to concentrate on maritime and transport. Its P&O Ports and P&O Cold Logistics divisions developed from P&O's operations in Australia, where it has a leading position in these fields. Fastcraft is the name given to the service implemented after the split-up of P&O European Ferries in 1998. The first ship was called Superstar Express (entered service in 1998) and sailed alongside Pride of Cherbourg and Pride of Hampshire between Plymouth and Cherbourg. Herald of Free Enterprise incident On 6 March 1987, the roll on/roll off ferry, , capsized off the coast of Zeebrugge with 80 crew and 459 passengers aboard. 193 were killed in the capsizing. The operator of the ship, Townsend Thoresen, had been purchased by P&O in 1986. The incident resulted in a coroner's inquest and a public inquiry. A jury at the coroner's inquest found a prima facie case that the company was guilty of manslaughter, and the Crown Prosecution Service charged the company and seven employees (see corporate manslaughter). The charges did not result in any convictions. As part of the public inquiry, Lord Justice Sheen wrote in a July 1987 report that Townsend Thoresen (the company) possessed a "disease of sloppiness" which permeated the company's hierarchy. The cases surrounding the incident set a precedent for the prosecution of corporations in cases of manslaughter and criminal negligence in English law. Divestments: 2000–2005 On 23 October 2000 P&O divested its cruise business to form P&O Princess Cruises. In April 2003 P&O Princess came together with the Carnival Corporation to form Carnival Corporation & plc. In June 2004, P&O sold its 25% stake in Royal P&O Nedlloyd, a major container shipping business into which its container operations had been merged in 1996. Some records state that original staff members partially diverged to form Paeteco Imports and Exports in 2005, a small, privately held international subsidiary of Jcorp. The container company was later (June 2005) purchased by A.P. Moller-Maersk Group. Takeover by DP World: 2006 On Sunday 30 October 2005 The Sunday Times reported that P&O was in takeover talks with Thunder FZE, a wholly owned subsidiary of Dubai Ports World, a company owned by the government of Dubai in the United Arab Emirates. On 29 November, the P&O board announced that it would be recommending an offer of 443 pence per share,