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Muhammadi Steamship Company Limited

Muhammadi Steamship Company Limited was one of the oldest locally owned shipping companies in Pakistan until it was nationalised in the early 1970s.

History edit

The company was incorporated on 12 May 1947 .[1] In 1949, it became the first Pakistani shipping line to be publicly listed on the Karachi Stock Exchange.[2]

Muhammadi House on McLeod Road (now I. I. Chundrigar Road) was the headquarters of the company.[3]

Muhammad Ali Habib and Kasim Dada were major share holders of the company till 1959–1960. However, after their departure from the scene, company went into deep financial crisis. Fakhruddin Valika of the Valika family later on acquired the major stake in the company.[4] Under the Valika family's leadership, the company built Al-Abbas, which was the first major ship to be built in Karachi Shipyard.[5] The company was nationalized by the Government of Pakistan under then President Zulfikar Ali Bhutto. It was later merged with other Pakistani nationalized shipping companies to create the Pakistan National Shipping Corporation.

Ships edit

Ship Built Tonnage Builder In Service Fate Notes
Al Murtaza Ali 1942 7235 GRT West Coast Shipbuilders, Vancouver as 'Fort Norman' 1948 - 1954 Sold in 1954 to United Oriental Steamship Company, Karachi and renamed ANWARBAKSH
Husaini later Al Husaini 1943 7157 GRT North Vancouver Ship Repairers Ltd., North Vancouver as 'Fort Clatsop' 1948 - 1968 Broken up at Karachi in November 1968 Renamed in 1949
Ahmadi later Al Ahmadi 1920 5186 GRT Todd Dry Dock & Construction Company, Tacoma as 'Pallas' 1948 - 1954 Broken up at Karachi in 1954 Renamed in 1949
Al Hasan 1943 7165 GRT North Vancouver Ship Repairers Ltd., North Vancouver as 'Fort St. Antoine' 1949 - 1964 Broken up at Karachi in February 1964
Colima later Al Chisti 1917 1306 GRT Sodra Varfvets Nya A/B, Stockholm as 'Svealand' 1949 - 1954 Broken up at Karachi in 1954 Renamed in 1950
Al-Sayyada 1944 7165 GRT Victoria Machinery Depot Company, Victoria B.C. as 'Hastings Park' 1952 - 1967 Broken up at Karachi in November 1967 First ship to dry dock at Karachi Shipyard.[2][6]
Al Ahmadi 1940 5361 GRT Lithgows Ltd., Port Glasgow as 'Risaldar' 1958 - 1966 Broken up at Karachi in June 1966
Al-Abbas 1967 6087 GRT Karachi Shipyard 1967 - 1971 Sunk on 16 August 1971 in Operation Jackpot by the Mukti Bahini commandoes at Chittagong First merchant ship built at Karachi Shipyard.[2][6]

See also edit

References edit

  1. ^ Malik, Iftikhar Ahmed, "History of Pakistan Merchant Navy 1947- 2009" Karachi 2010 (privately published) pg 5
  2. ^ a b c Malik, Iftikhar Ahmed, History of Pakistan Merchant Navy 1947- 2009 Karachi 2010 (privately published) pg 6
  3. ^ Malik, Iftikhar Ahmed, History of Pakistan Merchant Navy 1947- 2009 Karachi 2010 (privately published) pg 7
  4. ^ Papanek, Hanna (1972). "Pakistan's Big Businessmen: Muslim Separatism, Entrepreneurship, and Partial Modernization". Economic Development and Cultural Change. 21 (1): 1–32. doi:10.1086/450605. JSTOR 1152902. S2CID 86853602.
  5. ^ "Rise and fall of Karachi's Valika family (Part 1)".
  6. ^ a b Malik, Iftikhar Ahmed, "History of Pakistan Merchant Navy 1947- 2009" Karachi 2010 (privately published) pg 8
  • (PDF). United Nations. Archived from the original (PDF) on 28 July 2011. Retrieved 26 July 2011.

muhammadi, steamship, company, limited, oldest, locally, owned, shipping, companies, pakistan, until, nationalised, early, 1970s, contents, history, ships, also, referenceshistory, editthe, company, incorporated, 1947, 1949, became, first, pakistani, shipping,. Muhammadi Steamship Company Limited was one of the oldest locally owned shipping companies in Pakistan until it was nationalised in the early 1970s Contents 1 History 2 Ships 3 See also 4 ReferencesHistory editThe company was incorporated on 12 May 1947 1 In 1949 it became the first Pakistani shipping line to be publicly listed on the Karachi Stock Exchange 2 Muhammadi House on McLeod Road now I I Chundrigar Road was the headquarters of the company 3 Muhammad Ali Habib and Kasim Dada were major share holders of the company till 1959 1960 However after their departure from the scene company went into deep financial crisis Fakhruddin Valika of the Valika family later on acquired the major stake in the company 4 Under the Valika family s leadership the company built Al Abbas which was the first major ship to be built in Karachi Shipyard 5 The company was nationalized by the Government of Pakistan under then President Zulfikar Ali Bhutto It was later merged with other Pakistani nationalized shipping companies to create the Pakistan National Shipping Corporation Ships editShip Built Tonnage Builder In Service Fate NotesAl Murtaza Ali 1942 7235 GRT West Coast Shipbuilders Vancouver as Fort Norman 1948 1954 Sold in 1954 to United Oriental Steamship Company Karachi and renamed ANWARBAKSHHusaini later Al Husaini 1943 7157 GRT North Vancouver Ship Repairers Ltd North Vancouver as Fort Clatsop 1948 1968 Broken up at Karachi in November 1968 Renamed in 1949Ahmadi later Al Ahmadi 1920 5186 GRT Todd Dry Dock amp Construction Company Tacoma as Pallas 1948 1954 Broken up at Karachi in 1954 Renamed in 1949Al Hasan 1943 7165 GRT North Vancouver Ship Repairers Ltd North Vancouver as Fort St Antoine 1949 1964 Broken up at Karachi in February 1964Colima later Al Chisti 1917 1306 GRT Sodra Varfvets Nya A B Stockholm as Svealand 1949 1954 Broken up at Karachi in 1954 Renamed in 1950Al Sayyada 1944 7165 GRT Victoria Machinery Depot Company Victoria B C as Hastings Park 1952 1967 Broken up at Karachi in November 1967 First ship to dry dock at Karachi Shipyard 2 6 Al Ahmadi 1940 5361 GRT Lithgows Ltd Port Glasgow as Risaldar 1958 1966 Broken up at Karachi in June 1966Al Abbas 1967 6087 GRT Karachi Shipyard 1967 1971 Sunk on 16 August 1971 in Operation Jackpot by the Mukti Bahini commandoes at Chittagong First merchant ship built at Karachi Shipyard 2 6 See also edit nbsp Transport portal nbsp Companies portalMerchant Navy Pakistan Merchant NavyReferences edit Malik Iftikhar Ahmed History of Pakistan Merchant Navy 1947 2009 Karachi 2010 privately published pg 5 a b c Malik Iftikhar Ahmed History of Pakistan Merchant Navy 1947 2009 Karachi 2010 privately published pg 6 Malik Iftikhar Ahmed History of Pakistan Merchant Navy 1947 2009 Karachi 2010 privately published pg 7 Papanek Hanna 1972 Pakistan s Big Businessmen Muslim Separatism Entrepreneurship and Partial Modernization Economic Development and Cultural Change 21 1 1 32 doi 10 1086 450605 JSTOR 1152902 S2CID 86853602 Rise and fall of Karachi s Valika family Part 1 a b Malik Iftikhar Ahmed History of Pakistan Merchant Navy 1947 2009 Karachi 2010 privately published pg 8 Items in India Pakistan Bangladesh Report of the high level consultants mission to Bangladesh PDF United Nations Archived from the original PDF on 28 July 2011 Retrieved 26 July 2011 Retrieved from https en wikipedia org w index php title Muhammadi Steamship Company Limited amp oldid 1165396566, wikipedia, wiki, book, books, library,

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