Furness Withy

Furness, Withy & Co. Ltd.. was a British shipping company with headquarters in West Hartlepool and operated a successful cargo and passenger airline service to North America.

History

Sir Christopher Furness, Baron Furness of Grantley (1852-1912) and his brother Thomas went up in 1878 in the shipping business, and in 1884 Christopher Furness purchased in the shipyard of Edward Withy in West Hartlepool one. 1885 opened the two partners make a joint service with the Wilson Line from Newcastle to New York City, which operated under the name Wilson - Furness Line.

1891, Wilson retired from the company that it in Furness, Withy & Co. Ltd.. was renamed and a fleet of 18 cargo ships beginning operation. What should now follow, was an unprecedented wave of acquisitions and start-ups. Furness, Withy & Co. should thus become one of the most successful lines ever.

In 1892 they founded the Chesapeake & Ohio S. S. Co., the first subsidiary shipping company, followed in 1898 with the Manchester Liners another foundation, and the takeover of Canadian & Newfoundland SS Co.. Bought 1902 Furness, Withy on the Gulf Line and so opened the line services to South Africa and Australia. In 1906 the Neptune S.N.Co., And 1910 were the shipping companies Agincourt S. S. Co. and the Norfolk & North American S. N. Co. Ltd.. the growing empire added. 1911 acquired Furness, Withy 50 % of the Houlder Bros. & Co. and took over the small coastal shipping company London Welsh SS Co. all. In 1912 George bought Warren's White Diamond SS Co., and it was renamed as George Warren & Co. to. 1914 you bought 50 % of the Johnston Line.

1916 followed by the acquisition of the prestigious Prince Line and the opening of South America liner services. During this time the fleet consisted of about 215 ships - mostly freighters. Furness, Withy & Co. Ltd.. was measured by the number of vessels by far the largest shipping company in the world.

In 1917, the Furness Shipbuilding Company was founded in Haverton Hill. In the same year they founded the Rio Cape Line as a new subsidiary shipping company and in 1921 he founded the Bermuda & West Indies SS Co.. Early as 1919, the Furness family had retired from the shipping company, but remained active in the neugegründeteten shipyard. In 1922 the shipping company G. Warren & Co. was renamed the Warren Line, and the London Welsh SS Co. Ltd.. sold. 1929 made ​​the acquisitions of Cairn Line and the Red Cross Line, the Gulf Line but was dissolved and its vessels Bermuda & West Indies SS Co. transferred. During the same period the regular services were opened to the U.S. and Canadian Pacific ports via the Panama Canal.

After the collapse of the Royal Mail Line in 1931 Furness, Withy took over in 1933, the shipping company Shaw, Savill & Albion Steamship Co.. 1934 you bought the remaining shares of the Johnston Line and merged it with the Warren line to Johnston - Warren Line. The Neptune S. N. Co. was dissolved in the same year and transfer their ships to the new shipping company. In 1937 they acquired 50% stake in Royal Mail Line / Pacific SN Co..

1965 you bought the remaining shares of RML / PSNCo Group. In 1968 they acquired the Houlder Line completely and 1973 nor the shipping company Kaye, Son & Co. Ltd. ..

1970 was the Furness, Withy Empire from the following shipping - Park:

  • Furness, Withy & Company
  • Shaw, Savill & Albion (SS & A)
  • Royal Mail Line ( RML )
  • Pacific Steam Navigation Company ( PSNCo )
  • Prince Line / Rio Cape Line
  • Manchester Liners
  • Houlder Line
  • Johnston - Warren Line
  • Bermuda & West Indies Line
  • Kaye, Son & Company ( since 1973)

The effects caused by the aircraft and the introduction of the container changes in the shipping industry resulted in Furness, Withy & Co. Ltd.. to economic problems. In the 1970s, it went downhill steadily and in 1980 it was taken over by a native of Hong Kong Shipowners CY Tung.

Tung sold the shipping group in 1990 for about 170 million USD to the German shipping company Hamburg Süd. In this business only a container ship and some line services and the naming rights of the bought by Furness, Withy shipping companies were included.

Furness, Withy & Co. currently has only administrative tasks within the Hamburg Süd.

  • Former shipping company ( United Kingdom)
  • Former company (North East England )
  • Hartlepool
Royal Mail Steam Packet Company
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