The company was founded by Alfred Holt and Philip Holt, as the Ocean Steamship Company, to provide a steamship service known as the Blue Funnel Line, between the United Kingdom and China.[1] It was generally known as Holts and had a trademark blue funnel on its ships.[1] For many years it used Swire Group as it shipping agents.[1] In 1947 it formed Malayan Airways.[1]
A major restructuring exercise occurred in 1967 whereby all of the Ocean Steam Ship Company's fleet operations were divided amongst four companies, each of which answered to the main board of the Ocean Steam Ship Company. The four fleet operating companies were: -
E.J. Gubbins (2003). Managing Transport Operations. Kogan Page. ISBN0-7494-3928-9.
August 25, 2023
ocean, group, major, british, transport, business, listed, london, stock, exchange, constituent, ftse, index, ocean, groupindustrytransportfounded1865defunct2000fatemerged, with, plcsuccessorexel, plcheadquarterslondon, contents, history, group, members, subsi. Ocean Group plc was a major British transport business It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index Ocean GroupIndustryTransportFounded1865Defunct2000FateMerged with NFC plcSuccessorExel plcHeadquartersLondon UK Contents 1 History 2 Group members 2 1 Subsidiaries and subsequent acquisitions 3 References 4 Further readingHistory EditThe company was founded by Alfred Holt and Philip Holt as the Ocean Steamship Company to provide a steamship service known as the Blue Funnel Line between the United Kingdom and China 1 It was generally known as Holts and had a trademark blue funnel on its ships 1 For many years it used Swire Group as it shipping agents 1 In 1947 it formed Malayan Airways 1 It was first listed on the London Stock Exchange in 1965 1 In 1969 it joined forces with British amp Commonwealth Holdings Furness Withy and P amp O to form Overseas Containers Limited to exploit the introduction of containerization 1 In 1972 it acquired William Cory a major shipping agent and the following year it changed its name to Ocean Transport amp Trading 1 In 1986 it withdrew Overseas Containers Limited and in 1990 it renamed itself Ocean Group 1 In 2000 it merged with NFC plc to form Exel plc 2 Group members EditA major restructuring exercise occurred in 1967 whereby all of the Ocean Steam Ship Company s fleet operations were divided amongst four companies each of which answered to the main board of the Ocean Steam Ship Company The four fleet operating companies were Blue Funnel Line Elder Dempster Glen Line Nederlandsche Stoomvaart Maatschappij OceaanSubsidiaries and subsequent acquisitions Edit Seaway Car Transporters Limited were a wholly owned subsidiary of Elder Dempster Guinea Gulf Line formerly the John Holt Line was acquired by Elder Dempster in 1965 Palm Line was acquired in 1984References Edit a b c d e f g h Ocean Line Museum History Archived from the original on 7 January 2009 Retrieved 28 March 2009 NFC and Ocean forge 3 2bn alliance to exploit e commerce The Independent 22 February 2000Further reading EditE J Gubbins 2003 Managing Transport Operations Kogan Page ISBN 0 7494 3928 9 Retrieved from https en wikipedia org w index php title Ocean Group plc amp oldid 1155071226, wikipedia, wiki, book, books, library,
