By the year 1913, with a paid-up capital of £5 1/2 million and more than 60 ships involved with the

The establishment of P O traditionally occurred in August of 1837, and derived from the awarding of the contract by the Admiralty for the carriage of the mail between vacation rentals italy cheap the Iberian Peninsula and England. By 1840, the company transported mail from Falmouth and passengers from London to the Peninsular ports as distant as Gibraltar. Owned by the London shipbroking partnership of Brodie McGhie Willcox and Arthur Anderson, P O during the same year effectively presented for the mail contract from England to Egypt on the perspective that within 2 years of the new task would set up a line of steamers proficient at carrying the mail from Egypt to India. Within the same year the company got the Royal Charter of incorporation making it the Peninsular and Oriental Steam Navigation Company.
Within about 5 years, the first steamer was launched to sea, and within a couple of years more a consistent mail service had been set up from England to Alexandria and from Suez to Ceylon, Madras and Calcutta, with added room for services from England to Penang, Singapore, Hong Kong and Shanghai (by 1845). vacation rentals italy cheap When 1852 came along, the steam communication with Australia was set up and the Bombay mail service was acquired from the East India Company in 1854.
The launch of the Suez Canal in 1869 at first presented some challenges since P O had declined much capital into effectively handling the overland pathways between Alexandria and Suez. Thomas Sutherland, who turned out to be Managing Director in 1872, directed the wealth of P O during this troublesome period. By economizing and reconstruction vacation rentals italy cheap for the modern world, which comprised of transferring the homeport terminal from Southampton to London, vacation rentals italy cheap he led the company through to a powerful position.
By the year 1913, with a paid-up capital of £5 1/2 million and more than 60 ships involved with the company, and even several more still under production, and with several harbor vacation rentals italy cheap craft and tugs to engage with the fleet, P O ran ½ million tons of shipping. Other than the major mail route, and the previously launched P O Branch Line through the Cape to Australia, P O operated feeder services back and forth throughout both the Atlantic and Pacific, and the entire multifaceted activity was managed by more than 200 agencies positioned vacation rentals italy cheap at ports across the globe.
The early 20 th century was highlighted by a set of acquisitions and joint ventures. The Blue Anchor Line was absorbed in 1910 and in 1914 there was a joining with the British India Steam Navigation Company, a similar apprehension to P O. The 2 companies progressed to be operated as separate issues but with like significance and under single management. James MacKay carried on to be chairman of British India, however, subsequent to his election to the board of P O, he made it to the chairmanship of the amalgamation on Sutherland s retirement. In 1916 there was a joining with the New Zealand Shipping Company and its partner, the Federal Steam Navigational Company. 1917 then involved the takeover of a representative holding in the Union Steamship Company of New Zealand, and later on there was the buying of the Hain Line, Mercantile Steamship Company and James Nourse Limited.
In 1918 the group was reinforced by an extensive holding in the Orient Steam Navigation Co., and in 1920 the most experienced seagoing vacation rentals italy cheap steamship undertaking, the General Steam Navigation Company, was acquired. These associations therefore generated a single system that reached every main port of the Empire, and supplied entry to nearly all parts of the globe.