Hain Steamship Co
of Street-an-pol, St. Ives, Cornwall
of cardiff
1816 the Hain family acquired a part share in the fishing lugger Dasher.
1838 This was so successful that the family purchased the schooner Camilla and began trading with Mediterranean ports. The company Edward Hain & Son was established.
1850 Acquired the schooner Mystery to trade in West Indian sugar and Brazilian coffee.
c.1878 At the initiative of the youngest Edward, acquired their first steamship from John Readhead and Co of South Shields, Trewidden. Readheads ultimately produced 87 ships for the company, all named with the prefix Tre.
1901 The company was registered on 16 September[1] as a public company.
By 1913,the number of ships was 36 with another 5 on order.
WWI Lost 18 ships to enemy action and three by other causes.
1917 Purchased by the Peninsular and Oriental Steam Navigation Co which sold 50 percent of the shares to the British India Steam Navigation Co (a P&O subsidiary).
1917 Hains acquired the majority of shares in the Mercantile Steam Ship Co (which went into voluntary liquidation in 1923)
1923 Acquired Strick Line
The 1930s were very slow for Hain; its ships were often laid up in the River Fal. Hain supplemented their income by managing and crewing a number of ships on permanent charter to P&O for their Eastern services.
WWII Lost 28 ships.
Early 1960s P&O rationalised the tramp shipping operations of its subsidiaries Hain Steamship Co, James Nourse Ltd and Asiatic Steam Navigation Co.
1964 Hain Nourse Management Ltd was established to operate and manage the ships
1965 Hain Steamship Company was renamed Hain-Nourse Ltd.
1971 P&O reorganisation
1978 Hain-Nourse Ltd. was renamed P & O Ferries Ltd
1988 P & O Ferries Ltd was renamed P & O Scottish Ferries Ltd
See Also
Sources of Information
- ↑ The Stock Exchange Year Book 1908
- P&O Heritage [1]