| Bibby Line | |
| Type: | Private |
| Foundation: | 1807 |
| Location: | Liverpool, United Kingdom |
| Key People: | Jebb Kitchen (MD) |
| Industry: | Shipping |
| Owner: | Bibby Line Group Ltd |
| Homepage: | Bibby Line homepage |
Bibby Line is a UK company concerned with shipping and marine operations.
Its parent company, Bibby Line Group Limited, can be traced back to John Bibby who founded the company in 1807. The company along with the group is based in Liverpool.[1]
It owns the Bibby Stockholm, used in August 2023 to accommodate asylum seekers at Portland Port before it was evacuated on 11 August 2023 due to legionella on board[2] and amid fire safety concerns.[3]
The Bibby Line was founded in 1807 by the first John Bibby (1775–1840). The history of Calderstones Park in Liverpool notes that 'although John Bibby & Co was founded in 1807, the year Britain abolished the slave trade, the family’s business activities and investments can be traced back further. Prior to abolition, as a metals trader and ship broker, John Sr. held a stake in three slaving voyages on the ships Harmonie, Eagle and Sally. [4] The ships can be found on the Trans-Atlantic Slave Trade Database using the voyage IDs 81106, 81732, 83481, which shows a total 787 enslaved people were transported on ships owned by John Bibby, of whom 75 did not survive the voyages. (*Note: The company has not addressed an open letter from the Refugee Council requesting it acknowledge potential links to the transatlantic slave trade.[5]).
After John Bibby was attacked and murdered on 19 July 1840, his sons John and James took ownership of the Bibby Line.[6] [7]
It was one of the first businesses in the world to fit its entire fleet with radio, by the British based Radio Communication Company.[8]
Along with other British ship owners, it endured hard economic conditions in the 1970s and 1980s, but survived through diversification into floating accommodation. The group diversified in the 1980s into separate divisions, including Bibby Financial Services which was formed in 1982. The parent company is now called Bibby Line Group, and is a £800 million global business, operating in 14 countries, employing 4,000 people in sectors including retail, financial services, distribution, shipping, marine and infrastructure.[9]
Since 2007, Bibby Line Group and its employees have donated over £10 million and thousands of volunteering hours to over 1,000 charitable causes.[10]
In 2008, the Bibby Line Group continued to diversify with the purchase of the construction asset hire company Garic UK. Bibby Line Group’s investment enabled Garic to remain a key market player, in a competitive sector. Currently, Garic has four sites across the UK and is one of the most trusted specialized plant and welfare facility providers in the UK.[11]
In July 2023, an open letter signed by over fifty NGOs and campaigners, including the Refugee Council, called Bibby Marine, as owner of the Bibby Stockholm, to acknowledge its founder John Bibby's links[12] to the Atlantic slave trade and to end the practice of containing asylum seekers on its vessels.[13] Later that month, a Guardian report highlighted safety concerns on board the Bibby Stockholm, including potential overcrowding along with narrow corridors and a lack of lifejackets on board.[14] The Times also reported there were concerns about fire safety, noting it could become 'a floating Grenfell'.[15] On 11 August 2023 legionella was found to be on board and a water sample taken on 15 August 2023 confirmed this to be of 'the most deadly strain' of legionella pneumophila, found in the ship's kitchen's galley pot wash hose.[16]
Bibby Line has a fleet of accommodation barges and Service Operation Vessels.[17]
Vessels currently operated by Bibby Line include:
Vessels that have previously operated for Bibby Line include:
As of 2023 the Bibby Line labels itself a diverse company which has three separate services split into: Financial Services, Marine Services, and infrastructure applications. These businesses within the Bibby line group, operate across multiple countries and currently it is recorded to employ 1300 colleagues. It is now recording management of 1 billion pounds in funds.[28]
After suffering through COVID-19 and ultimately undertaking a restructuring it was recorded that generally after working at a net loss they were able to run more profitably. In reports sent to the Uk companies house it can be seen that in December 31, 2021, the group made a net profit of £35.5m, compared with a net loss of £29.9m in 2020.[29]
| First | John Bibby | 1807–1840 | Creation of the Bibby Line in 1807 | |
| Built fleet of 18 vessels | ||||
| Established Mediterranean trade | ||||
| Some trade with Bombay and Canton | ||||
| Second | James (son) | 1840–1897 | Fleet of 23 steam ships by 1865 | |
| Association with Harland and Wolff | ||||
| James ‘retires’ in 1973 | ||||
| James establishes limited liabilitycompany in 1890 | ||||
| Separation of owners and managers | ||||
| Third | Arthur(nephew of James) | 1897–1935 | Consolidates links with Burma | |
| Seven ships less than 10 years old in 1914 | ||||
| Fleet requisitioned for World War I | ||||
| Post-war turbulence | ||||
| Focus on Burma trade | ||||
| Fourth | Harold(Arthur's son) | 1935–1965 | Fleet requisitioned for World War II | |
| Decline of Far East trade | ||||
| Containerisation and air travel | ||||
| Fifth | Derek(Harold's son) | 1965–1985 | Two bulk carriers from Japan in 1965 | |
| Borrowed finance | ||||
| Oil shocks of 1970s | ||||
| Marine diversification | ||||
| Regained financial control | ||||
| Appointed Simon Sherrard MD | ||||
| Diversification into financialservices and logistics | ||||
| Sixth | Michael(Derek's son) | 2000 to present | Continued diversification | |
| Rapid growth of the business |
Since 1965 Bibby has come into its modern era of leadership with the fifth generation, Derek Bibby becoming MD. He led diversification into new areas specifically financial services and infrastructure applications. Following his retirement Simon Sherrard was appointed the first non-family managing director and helped continue to modernize and drive diversification before handing over to the sixth generation Michael Bibby in 2000. Since then Bibby Line has continued to rapidly grow and diversify further and Michael stepped back from managing director to chairman. Currently the board is composed of 5 members; Jonathan Lewis the Executive Director (Group Managing Director,), and the Non-Executive Directors including: Sir Michael Bibby Bt. DL (Chairman), David Anderson (Senior Independent), Susan Searle, and Geoffrey Bibby.[31]
Bibby Financial Services was set up in 1982, is seen to be the UK’s largest independent invoice finance company. It offers services providing factoring and invoice discounting financial support for growing SME's. Through It aims to “help businesses around the world grow, combining international scope with expert local knowledge”.[32] In a report released in 2023 it note that it employed 900 people and had expanded to nine different countries. After a restructuring of the company in 2020 profits were reported to have increased by 2022 from£132.4m to £150.5m for 2022 while its pre-tax profits increased from £255,000 to £9.4m.[33]
Bibby Marine Limited, established in 1982, currently has 1 "Wavemaster" that can operate up to 30 days at a time and 1 Bibby Challenge that contains 337 rooms known as the Bibby Stockholm. This has led to the current dominant trait of the Bibby Line fleet being the application of these vessels for “walk to work service” where special operations ships, "Wavemasters", can take off shore workers out to their remote locations. Part of this then also extends into floating off shore worker accommodation locations providing floating barges where workers can live on or off duty. These marine services aim to provide cost effective and environmentally friendly options for workers on large scale marine infrastructure projects. There have been large controversies with Bibby Stockholm which aims to provide support housing for asylum seekers. Claims of prison like conditions were claimed and according to the financial times governments were only saving £9.28 per person per day.[34]
Existing for the last 30 years and employing 230 people, "Garic" has worked in the welfare and plant hire market. This is through the “hire and sell welfare accommodation, modular buildings, plant and storage products, tower lights, environmental solutions, wheel washing, dust control and site shelters”. These can be set up, serviced and broken down by Garic and are generally aimed towards fields like construction, infrastructure, industrial, house building, water and waste, power, utilities and renewables and commercial property sectors. They have moved into sustainable sectors as is one of their goals as seen in an article where Garic promotes sustainable solutions to business growth on the ground.[35]