British merchant shipping and maritime trading company
Hongkong Canton & Macao Steamboat Company Limited flag of the Hongkong Canton & Macao Steamboat Company.
Native name
省港澳輪船公司 Company type Private company limited by shares [ 1] HKCR No. 0000002[ 1] Industry Shipping , Transport , Freight , Merchant shipping Founded October 20, 1865; 159 years ago (1865-10-20 ) at Hong Kong [ 1] Founder Douglas Lapraik , J. J. dos Remedios , A. E. Vaucher , Arthur Sassoon , R. Solomon, D. Ruttunjee, Bapoorjee Pallunjee Ranjee [ 2] Defunct April 28, 1958 (1958-04-28 ) [ 1] Fate Defunct Headquarters 20 Des Voeux Road Central , Area served
China trade Key people
Douglas Lapraik , She Tat-cheong , Percy Hobson Holyoak , A. O. Lang , Phineas Ryrie , Emanuel Raphael Belilios , William Keswick Products Ship Management , Ferry , Ocean liners , Property , Container ships , Packet boats Total assets $750,000 HKD [ 2] (1865[ 2] ) Total equity 7,500 shares at $100 HKD each[ 2] (1865[ 2] )
The Hongkong Canton & Macao Steamboat Company was a British merchant shipping and maritime trading company founded in 1865 in the Crown colony of Hong Kong .
History
The Hongkong Canton & Macao Steamboat Company was founded on 20 October 1865 in Hong Kong by a collection of people tied to the shipping industry in order to support the market for regional ferry transport in the Canton area.[ 3] The company was founded in the same year as the founding of the Companies Registry which granted it the company number 2, only behind the British Traders' Insurance Company .[ 4]
The HCMSCo was one of the major shipping companies that participated in the Pearl River and China trade together with the China Navigation Company , China Merchants Steam Navigation Company and Jardine Matheson 's Indo-China Steam Navigation Company since its creation in the 1860s. CMCo and the HCMSCo had entered into a collaboration to jointly carry out business in the area which continued into the early 1900s.[ 5]
With the opening of the West River Trade in 1897, HCMSCo together with the China Navigation Company and Jardine Matheson 's Indo-China Steam Navigation Company , partnered together to open the new trade which became active from around 1897 to 1917 following the opening of several Treaty Ports like Wuzhou , Sanshui and Jiangmen to foreign trade in 1897. The West River trade declined with the advent of the Kowloon Canton Railway .[ 5]
HCMSCo was dissolved on 28 April 1958.[ 1]
Fleet
List of HCMSCo ships
The following is an incomplete list of the HKC&MSCo fleet. A full illustrated fleet list has been published by H.W. Dick and S.A. Kentwell (see references below).
See also
References
Shipping control points Defunct Delete line represents the control points that are temporarily closed