- Coast Lines
-
Coast Lines Ltd Industry Shipping Successor P&O Ferries Founded 1917 Founder(s) Owen Philipps, 1st Baron Kylsant Defunct 1971 Headquarters Liverpool Area served England, Ireland, Wales, Scotland, Channel Islands Coast Lines Limited provided shipping services in the United Kingdom from 1917 to 1971.[1]
History
Powell, Bacon and Hough Lines Ltd was formed in 1913 in Liverpool. The name of Coast Lines Limited was adopted in 1917, when the company was purchased by the Royal Mail Steam Packet Company at a cost of £800,000.[2] (£33,227,882 as of 2011),[3]
In 1931 the Royal Mail Steam Packet Company was dissolved after the Royal Mail Case and the chairman Lord Kylsant was imprisoned in 1931 for misrepresenting the state of the company to shareholders.[4] Coast Lines achieved independence under the chairmanship of Sir Alfred Read (1871-1955), who had previously been a director.
From 1917 to 1951 Coast Lines acquired a controlling interest in a large number of coastal shipping companies, eventually numbering about twenty, of which the most important were:
- British and Irish Steam Packet Company (1917)
- City of Cork Steam Packet Company (1918)
- Laird Lines (1919)
- Belfast Steamship Company (1919)
- Tedcastle McCormick and Company (1919)
- City of Dublin Steam Packet Company (1919)
- Ayr Steam Shipping Company (1919)
- G & J Burns Ltd (1920)
- Burns Steamship Company (1920)
- Ardrossan Harbour Company (1920)
- Little Western Steamship Company (1920)
- London Welsh Steamship Company (1924)
- British Motor Ship Company (1925)
- John Westcott Ltd (1925)
- Dundalk and Newry Steam Packet Company (1926)
- Michael Murphy Limited (1926)
- David MacBrayne Ltd (jointly with the London, Midland and Scottish Railway) (1928)
- Tyne Tees Steam Shipping Company (1943)
- North of Scotland, Orkney & Shetland Steam Navigation Company (1961)
By 1951 the company operated a fleet of 109 ships, which carried over four million tons of cargo, over half a million head of livestock, and more than a million passengers.
The British and Irish Steam Packet Company and the City of Cork Steam Packet Company were sold off in 1965 to the Irish Government.
The remains of the company was acquired by P&O Ferries in 1971 [5]
References
- ^ Sea breezes: the ship lovers' digest: 1949
- ^ A business of national importance: the Royal Mail Shipping Group, 1902-1937 By Edwin Green, Michael S. Moss
- ^ UK CPI inflation numbers based on data available from Lawrence H. Officer (2010) "What Were the UK Earnings and Prices Then?" MeasuringWorth.
- ^ Shipping Lines: Royal Mail Steam Packet Company
- ^ 'The world's largest coaster fleet', Sea Breezes, E.R. Reader, February 1949.
Categories:- 1917 establishments in the United Kingdom
- 1971 disestablishments
- Defunct shipping companies of the United Kingdom
- Liverpool
- Companies established in 1917
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