Furness Withy & Co Ltd

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Furness Withy & Co Ltd

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        Furness Withy was incorporated as a company in 1891 upon the amalgamation of Christopher Furness' business in West Hartlepool and London with Edward Withy's shipbuilding yard in Hartlepool. By 1914 the company had acquired interests all over the world in liner and tramp shipping and in shipbuilding, but from 1920 they concentrated on liner services. In addition to the North Atlantic service, they developed other American routes based principally on New York and including Bermuda and the West Indies. The Furness Line to the Pacific coast of North America via Panama was started in 1921. An interest in the refrigerated meat trade with South America had begun before the First World War. The Argentine Cargo Line was formed in 1908 to acquire the freight contracts of the Anglo-Argentine Shipping Co. Two ships were managed by Birt, Potter and Hughes in agreement with Furness Withy and Manchester Liners, another subsidiary. The Line was amalgamated in 1912 with the newly formed British and Argentine Steam Navigation Co Ltd. In 1911 Furness Withy acquired a large holding in Houlder Brothers and the British and Argentine's vessels were operated in association with those of the Houlder Line. In 1914 the Furness-Houlder Argentine Lines was incorporated for the purpose of building a fleet of large, fast twin-screw steamers for the conveyance of chilled and frozen meat from the River Plate to London in conjunction with the Royal Mail Steam Packet Co, Furness Withy and Houlder Brothers. There were other additions to the company. The Prince Line was purchased in 1916 and with this services were developed to the Mediterranean and from New York to the Far East and the River Plate. The River Syndicate was incorporated in 1920 to acquire a controlling interest in the Danube shipping which had formerly belonged to South German, Austrian and Hungarian companies. The Syndicate (which formed the Danube Navigation Co Ltd in July 1920) went into voluntary liquidation in 1968. The break-up of the Royal Mail group in 1931 and 1932 led to the formation of a new company, Royal Mail Lines Ltd which became part of the Furness Withy Group. Later this was closely integrated with Furness Lines. In 1933 a substantial holding in the Shaw Savill Line was also acquired.

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