Bulkships Explained

Bulkships
Foundation:	1958
Founder:	Adelaide Steamship Company Howard Smith McIlwraith, McEacharn & Co
Area Served:	Australia
Industry:	Shipping

Bulkships was an Australian shipping company.

History

Bulkships was founded in 1958 by the Adelaide Steamship Company, Howard Smith and McIlwraith, McEacharn & Co as a bulk carrier operator.^[1] By 1968, Adelaide Steamship Company and McIlwraith, McEacharn & Co each owned 50%.^[2]

In August 1970, TNT purchased a one-third shareholding.^[3] By 1972, it owned a 25% shareholding in RW Miller.^[4] In February 1977, TNT bought out Adelaide Steamship Company taking its shareholding to 63% with McIlwraith, McEacharn & Co owning 37% with the business rebranded TNT Bulkships.^{[5] [6]}

Notes and References

1. https://web.archive.org/web/20201105092653/http://collections.anmm.gov.au/people/6116 McIlwraith McEacharn Limited
2. https://trove.nla.gov.au/newspaper/article/131670861 McI McEacharn payout up
3. TNT buys interest in Bulkships plus Assoc Steam and Seatrainer Terminals Freight & Container Transportation September 1970 page 10
4. https://nla.gov.au/nla.obj-1359967418/view?sectionId=nla.obj-1630350473&partId=nla.obj-1360069572#page/n57/mode/1up TNT holds the key to Miller
5. https://trove.nla.gov.au/newspaper/article/250581640 Finance in brief
6. Financial Truck & Bus Transportation March 1977 page 160