R.M.S. Maloja P&O shipping line ships bouy badge

A good original post 1923 early period 'RMS Maloja dark blue rope edge ships bouy silver plated enamel pin badge', displaying the Peninsular & Oriental Steam Navigation Company white, red, yellow and blue quartered house flag to the centre. Good condition, complete with original pin fittings, enamel with hard to see fine stress lines and minor defects..Diameter approx 24mm.R.M.S. Maloja Peninsular & Oriental Steam Navigation Company was in service between 1923 and 1954