Coast Lines Explained

Coast Lines Ltd
Successor:P&O Ferries
Foundation:1917
Founder:Owen Philipps, 1st Baron Kylsant
Defunct:1971
Location City:Liverpool
Area Served:England, Ireland, Wales, Scotland, Channel Islands
Industry:Shipping

Coast Lines Limited provided shipping services in the United Kingdom, Ireland and the Channel Islands 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] (equivalent to £ in).

In 1931, the Royal Mail Steam Packet Company was dissolved after an accounting scandal which led to the imprisonment of chairman Lord Kylsant for misrepresenting the state of the company to shareholders.[3] Coast Lines achieved independence under the chairmanship of Sir Alfred Read (1871–1955), who had previously built up the family shipping business of F. H. Powell & Co., and then been managing director of Coast Lines from 1917.[4]

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:

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

Bibliography

Notes and References

  1. Sea breezes: the ship lovers' digest: 1949
  2. A business of national importance: the Royal Mail Shipping Group, 1902-1937 By Edwin Green, Michael S. Moss
  3. Web site: Shipping Lines: Royal Mail Steam Packet Company . 31 December 2010 . https://web.archive.org/web/20130610101408/http://www.plimsoll.org/OnTheLine/ShippingLines/royalmail/default.asp#2 . 10 June 2013 . usurped .
  4. Moss . Michael S. . Read, Sir Alfred Henry (1871–1955), shipowner . 2004-09-23 . en . 10.1093/ref:odnb/47431 . 978-0-19-861412-8 . 2022-05-18.
  5. 'The world's largest coaster fleet', Sea Breezes, E.R. Reader, February 1949.