Douglas Steamship Company

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Douglas Steamship Company

The Douglas Steamship Company was a British merchant shipping and maritime trading company founded in 1883 in the Crown colony of Hong Kong by John Steward Lapraik and dissolved in 1987.[1][4]

History

After arriving in Hong Kong in 1858 to join his uncle, Douglas Lapraik's shipping empire at Douglas Lapraik & Company, John Steward Lapraik quickly became one of main figures in the business. With the death of Douglas Lapraik in 1869, John Steward Lapraik became one of the main beneficiaries of his uncle's estate together with Robert Ellis Baker, William Lane and Robert Manger.[2]

Due likely to reasons related to desired control over operations underway at Douglas Lapraik & Company and future expansion opportunities, in 1883, John Steward Lapraik founded the Douglas Steamship Company 28 July 1883 with two partners. The company, named for

Tai-pan Douglas Lapraik, became registered as HKCR No. 0000012, the 12th limited company ever registered in the colony. [1][2]

By 1892, the Douglas Steamship Company successfully acquired the operations of

Formosa which would go on to be a bastion of the company's activities.[6] The Tamsui subsidiary was dubbed Dodd and Lapraik & Company (Chinese: 知海闇及道德公司).[7][8] The same year, the Douglas Steamship Company issued around $1,000,000 HKD in new share capital following the publication of a prospectus.[2]

In 1893, John Steward Lapraik died of heart disease in Hong Kong at the age of 54 and a large portion of his estate was passed to his son, John Douglas Lapraik. T. E. Davies succeeded in taking control of the company following the death of Steward Lapraik with Davis being succeeded in turn in 1900 by JH Lewis who ran the company together with John Douglas Lapraik and Henry Percy White.[9]

By the early 1900s, the Douglas Steamship Company had become one of the largest shipping companies in Asia. In Hong Kong, the company moved its headquarters from the Praya, or Connaught Road following the Praya Reclamation Scheme, to Douglas Street, Central.[10] In Formosa, the company had managed to gain a monopoly on the popular Tamsui-Amoy route.[11][12] Indeed, the company's success was apparently seen as a threat to the island's Japanese government and in March of 1899, Governor Kodama Gentarō issued secret orders subsidising Japanese companies to compete with Douglas Steamship Company. The resulting price war forced the Douglas Steamship Company to cease all business operations at Taiwan by 1904.[13]

After the loss of the Formosa trade, the company retained its operations in the China and river trade, however it met with financial difficulties by the late 1920s. In 1932,

WWII, the company had most of its ships seized by the Ministry of War Transport and with the capture of Hong Kong by the Imperial Japanese Army
in December 1941, most of the staff of the DSCo were interred in prison camps in Hong Kong, including Stewart Taylor Williamson. After the war, the company resumed its operations with the two remaining ships that survived the war.

Stewart Taylor Williamson died suddenly on 5 September 1950, ceding control of the company to

John David Alexander serving as directors.[2] Considering the exposed financial state of the company, Mullion divested of the remaining two ships and focused the business activities of the company in investments. By the mid 1950s, the company had secured its finances enough to resume its investments in shipping and it acquired three further ships.[14][15][2]

By 1969, James Robertson Mullion became the controlling stakeholder of DSCo and he attempted to introduce several structural changes to the business, however, by 1972, the company was running large losses and Mullion was forced to inject $1.3 Million HKD of his own money into the company to keep it solvent. This move was eventually unsuccessful and by 21 July 1976, the company's board voted to enter liquidation and wind up the company. The dissolution was made formally on 15 April 1985 and DSCo was dissolved on 1 June 1987.[1][2]

Fleet

List of DSCo ships

Name Homeport Type Owner/Operator Year Built Tonnage Route Notes
SS Douglas Hong Kong hybrid passenger and cargo schooner/steamer Douglas Lapraik & Company
Douglas Steamship Company
1873 1,373 GRT
Foochow
Line
Ran aground and wrecked between Passage Island and the North Tit Rocks in the Haitan Strait on 14 November 1880 while en route to Fuzhou (Foochow) from Amoy.[16][17]
SS Formosa Hong Kong steamer Douglas Steamship Company 1882 1,097 GRT
China
trade
Sold to Spanish company Urrtiua & Company and renamed as the SS Cantabria in 1903.[18]
SS Hai Mun Hong Kong steamer Douglas Steamship Company 1896 1,248 GRT
China
trade
Sold in 1928.[19]
SS Hai Hong
Hong Kong steamer Douglas Steamship Company 1898 2,027 GRT
China
trade
Built by
SS Mactan.[20]
SS Earl of Douglas Hong Kong steamer Douglas Steamship Company 1906 3,536 GRT
China trade[21]
SS Haiyang Hong Kong steamer Douglas Steamship Company 1908 2,300 GRT
China trade[22]

See also

References

  1. ^ a b c d e f Webb, David Michael (2019). "DOUGLAS STEAMSHIP COMPANY LIMITED (THE)". webb-site.com. Webb-Site. Retrieved 9 December 2019.
  2. ^
    The University of Hong Kong
    . Retrieved 9 December 2019.
  3. ^ Wright, Arnold (1908). "Oriental Social and Professional Biographies" . Twentieth Century Impressions of Hongkong, Shanghai, and other Treaty Ports of China. London Lloyd's Greater Britain Publishing Company. p. 184 – via Wikisource.
  4. ^ Wright, Arnold; Cartwright, H. A. (1908). "215" . Twentieth Century Impressions of Hongkong, Shanghai, and other Treaty Ports of China: Their History, People, Commerce, Industries and Resources. Lloyd's Greater Britain Publishing Company Ltd. p. 215 – via Wikisource.
  5. ^ The Chronicle & Directory for China, Japan, Corea, Indo-China, Straits Settlements, Malay States, Siam, Netherlands India, Borneo, The Philippines, &c. Hong Kong: Hong Kong Daily Press Office. 1898. p. 80.
  6. .
  7. ^ Davidson, James Wheeler (1903). The Island of Formosa: Historical View from 1430 to 1900. History, People, Resources, and Gold, Coal, Sulphur, Economical Plants, and Other Productions. Taipei: Wên-hsing. p. 223.
  8. ^ Davidson, James Wheeler; 臺灣銀行, 經濟研究室 (1972). 臺灣之過去與現在, Volume 1 (in Chinese). Taipei: 該行. p. 160.
  9. ^ Wright, Arnold (1908). "Social and Professional Biographies" . Twentieth Century Impressions of Hongkong, Shanghai, and other Treaty Ports of China. London Lloyd's Greater Britain Publishing Company. p. 174 – via Wikisource.
  10. ^ "The Douglas Lapraik Steamship Company". gwulo.com. Gwulo. January 1, 1908. Retrieved 10 December 2019.
  11. ^ "Douglas Lapraik & Co: a piece of Tamsui's architectural heritage 淡水 得忌利士洋行". taipeitimes.com. Taipei Times. 27 November 2016. Retrieved 9 December 2019.
  12. ^ "Douglas Lapraik & Co". tour.ntpc.gov.tw. New Taipei City Government. 2019. Retrieved 9 December 2019.
  13. .
  14. ^ "Inch Steamship Company Ltd., Hong Kong 1947-1966". theshipslist.com. TheShipsList. 2019. Retrieved 10 December 2019.
  15. ^ "Douglas Steamship Company, Ltd., Hong Kong, 1883-1976". douglashistory.co.uk. The Douglas Archives. 2019. Retrieved 10 December 2019.
  16. ^ "SS Douglas (+1880)". wrecksite.eu. WreckSite. 2019. Retrieved 3 December 2019.
  17. ^ Bard, Solomon (1993). Traders of Hong Kong: some foreign merchant houses, 1841-1899. Urban Council. pp. 71–72, 125.
  18. ^ "Formosa SS (1882~1903) Cantabria SS (+1905)". wrecksite.eu. WreckSite. 2019. Retrieved 4 December 2019.
  19. ^ "Hai-Mun SS (1896~1928) Eika Maru [+1943]". wrecksite.eu. WreckSite. 2019. Retrieved 4 December 2019.
  20. ^ Hoskin, John E. (2019). "NORTH LYALL". flotilla-australia.com. Flotilla Australia. Retrieved 10 December 2019.
  21. ^ United States Congressional Serial Set. Vol. 5133. Washington DC: U.S. Government Printing Office. 1907. p. 227.
  22. ^ The Steamship. Vol. 20. Ithaca: Cornell University Press. 1909. pp. 110, 153.