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- Adelaide_Steamship_Company abstract "The Adelaide Steamship Company was formed by a group of South Australian businessmen in 1875. Their aim was to control the transport of goods between Adelaide and Melbourne and profit from the need for an efficient and comfortable passenger service. For the first 100 years of its life, the main activities of the company were conventional shipping operations on the Australian coast, primary products, consumer cargoes and extensive passenger services.In the 1930s and 1940s, the company diversified into the airline operations, towage, shipbuilding, and the shipping of salt, coal and sugar. Adelaide Airways was formed in 1935, and purchased West Australian Airways before merging with Holyman's Airways to form Australian National Airways (ANA) in 1936. ANA was sold to Reg Ansett in 1957.In 1964, the Interstate fleet merged with McIlwraith, McEacharn & Co, and the partnership developed the world's first purpose built container ships. However, in 1973, the company ceased its shipbuilding operations, and in 1977, in its 103rd year of operation, the company sold its shipping related businesses, and ceased its connection with ship owning and operating. The company did, however, retain its interests in Tugboat operations.In the 1970s and 1980s, with John Spalvins at the helm, the company became a thriving and successful corporate raider with a very large and productive portfolio financed by huge borrowings. The recession of the early 1990s caused the nervous lenders, (over 200 banks), to demand the return of their assets. This forced the liquidation of the porfolio, some of it at "fire-sale" prices, but most in a more orderly fashion via an "arrangement" with the creditor banks to avoid bankruptcy.With the completion of the liquidation, on 30 April 1997 the company was renamed to "Residual Assco Group Limited" in order that the Adelaide Steamship name could be reused. Residual Assco was delisted on 24 December 1999 "at the entity's request".In June 1997, the Tug boat operations were floated on the Australian Stock Exchange under the name "AdSteam Marine". In 2001, AdSteam Marine acquired its major rival, Howard Smith, making it the largest towage operator in Australia.In 2006, AdSteam Marine was acquired as the Pacific arm of the world's largest shipping company, AP Moeller-Maersk, thus removing the Adelaide Steamship name from the Australian Stock Exchange and Australian Company registers.".
- Adelaide_Steamship_Company thumbnail AdSteamLogo2.jpg?width=300.
- Adelaide_Steamship_Company wikiPageExternalLink Light_Horse.
- Adelaide_Steamship_Company wikiPageExternalLink ships_lh.htm.
- Adelaide_Steamship_Company wikiPageExternalLink 9780521826846_frontmatter.pdf.
- Adelaide_Steamship_Company wikiPageExternalLink 9780521826846_index.pdf.
- Adelaide_Steamship_Company wikiPageExternalLink Fitted_for_the_Voyage.html?id=gSiFQgAACAAJ.
- Adelaide_Steamship_Company wikiPageExternalLink books?id=qt7SAAAACAAJ&dq.
- Adelaide_Steamship_Company wikiPageExternalLink B1800.htm.
- Adelaide_Steamship_Company wikiPageExternalLink B2584.htm.
- Adelaide_Steamship_Company wikiPageExternalLink B5266.htm.
- Adelaide_Steamship_Company wikiPageExternalLink B12331.htm.
- Adelaide_Steamship_Company wikiPageExternalLink B18019.htm.
- Adelaide_Steamship_Company wikiPageExternalLink PRG287_1_8_103.htm.
- Adelaide_Steamship_Company wikiPageExternalLink catalogue.asp?isbn=0521826845.
- Adelaide_Steamship_Company wikiPageExternalLink catalogue.asp?isbn=9780521701839.
- Adelaide_Steamship_Company wikiPageID "23662505".
- Adelaide_Steamship_Company wikiPageRevisionID "597065714".
- Adelaide_Steamship_Company hasPhotoCollection Adelaide_Steamship_Company.
- Adelaide_Steamship_Company subject Category:Australian_ship_owners.
- Adelaide_Steamship_Company subject Category:Companies_based_in_Adelaide.
- Adelaide_Steamship_Company subject Category:Companies_established_in_1875.
- Adelaide_Steamship_Company subject Category:Corporate_raiders.
- Adelaide_Steamship_Company subject Category:Defunct_companies_of_Australia.
- Adelaide_Steamship_Company subject Category:Legal_history_of_Australia.
- Adelaide_Steamship_Company subject Category:Maritime_history_of_Australia.
- Adelaide_Steamship_Company subject Category:Mergers_and_acquisitions.
- Adelaide_Steamship_Company subject Category:Shipbuilding_companies_of_Australia.
- Adelaide_Steamship_Company subject Category:Shipping_companies_of_Australia.
- Adelaide_Steamship_Company type Abstraction100002137.
- Adelaide_Steamship_Company type CompaniesBasedInAdelaide.
- Adelaide_Steamship_Company type CompaniesEstablishedIn1875.
- Adelaide_Steamship_Company type Company108058098.
- Adelaide_Steamship_Company type DefunctOrganisationsOfAustralia.
- Adelaide_Steamship_Company type Group100031264.
- Adelaide_Steamship_Company type Institution108053576.
- Adelaide_Steamship_Company type Organization108008335.
- Adelaide_Steamship_Company type ShipbuildingCompaniesOfAustralia.
- Adelaide_Steamship_Company type ShippingCompaniesOfAustralia.
- Adelaide_Steamship_Company type ShippingCompany108003717.
- Adelaide_Steamship_Company type SocialGroup107950920.
- Adelaide_Steamship_Company type YagoLegalActor.
- Adelaide_Steamship_Company type YagoLegalActorGeo.
- Adelaide_Steamship_Company type YagoPermanentlyLocatedEntity.
- Adelaide_Steamship_Company type Agent.
- Adelaide_Steamship_Company type Organisation.
- Adelaide_Steamship_Company type Organization.
- Adelaide_Steamship_Company type Agent.
- Adelaide_Steamship_Company type SocialPerson.
- Adelaide_Steamship_Company type Thing.
- Adelaide_Steamship_Company comment "The Adelaide Steamship Company was formed by a group of South Australian businessmen in 1875. Their aim was to control the transport of goods between Adelaide and Melbourne and profit from the need for an efficient and comfortable passenger service.".
- Adelaide_Steamship_Company label "Adelaide Steamship Company".
- Adelaide_Steamship_Company sameAs m.06zkwwq.
- Adelaide_Steamship_Company sameAs Q4681782.
- Adelaide_Steamship_Company sameAs Q4681782.
- Adelaide_Steamship_Company sameAs Adelaide_Steamship_Company.
- Adelaide_Steamship_Company wasDerivedFrom Adelaide_Steamship_Company?oldid=597065714.
- Adelaide_Steamship_Company depiction AdSteamLogo2.jpg.
- Adelaide_Steamship_Company isPrimaryTopicOf Adelaide_Steamship_Company.