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Historia
The firm was established in Calcutta in 1847 as a merchant partnership between Robert MacKenzie and William MacKinnon. The two had worked together since MacKinnon's arrival in India from Glasgow, trading tea, sugar, rice, jute, coal, indigo, iron and cotton. The partners chartered steam ships for the carriage of their own goods and those of their customers. In 1856, MacKinnon launched the Calcutta and Burmah Steam Navigation Company Limited, for which he had also secured from the East India Company the contract to carry mails between Calcutta and Rangoon. MacKinnon, MacKenzie partners subscribed heavily to its capital, were appointed its agents and received 5% commission from the shipping line's gross annual earnings.
In 1862, by which time services had been extended to take on cargo and passengers at ports in the Persian Gulf and Straits settlements, the shipping company was renamed British India Steam Navigation Company Limited (its historic records are held at the National Maritime Museum). The partnership and British India Steam Navigation Company grew pari passu [at an equal pace]; by the end of the nineteenth century, MacKinnon, MacKenzie and Company had become one of the greatest eastern agency houses. The trading side of the business shrank progressively in the twentieth century.
In addition to partnerships of the same name in India and the far East, Sir William MacKinnon established general merchant and shipping agency partnerships to serve the needs of the British India Steam Navigation Company in Glasgow and London and at strategic ports in the Persian gulf and East Africa: W. MacKinnon and Company in Glasgow, ca.1854 (CLC/B/123-57), Gray, Dawes and Company in London in 1865 (CLC/B/123-30), Gray, Paul and Company in Bushire in 1865 (see Gray, MacKenzie and Company Limited, CLC/B/123-31), Gray, MacKenzie and Company in Basra in 1869, and Smith, MacKenzie and Company in Zanzibar in 1875 (CLC/B/123-51).
In 1874, James Lyle Mackay (later the first Lord Inchcape) joined the Calcutta office and was later admitted to partnership. By 1918, with the death of MacKinnon's closest relatives, MacKay was the longest serving partner and by 1950 the Inchcape family held a controlling interest. In 1951, the firm was converted into a limited company. In the preparations for the launch of Inchcape and Company Limited in 1958 (see introductory note to the Inchcape group, CLC/B/123), MacKinnon, MacKenzie and Company Limited and its local subsidiaries in India, Pakistan, Hong Kong, China and Japan were sold to the P. and O./ British India Group in 1956-7.