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The South Western Steam Packet Company was incorporated in 1843 'to convey Passengers, Merchandize and Goods by means of Steam Packets between the Port of Southampton and the Port of Havre in the Kingdom of France and any other Ports in any of the Islands in the British Channel'. The Company had in 1842 purchased seven ships from the defunct Commercial Steam Packet Company, a competitor on the same service. In late 1846 a new company, the New South Western Navigation Company, was formed with the object of co-operating with the London and South Western Railway; it took over the South Western fleet. Development of the sea link continued to be bound up with the railway services; the London and South Western Railway Company became the dominant partner and in 1862 took possession of the New South Western's fleet under the terms of mortgage entered into in 1848 and 1849.