 Organising a GroupMalcolm Falkus
Chapter 13 in The Blue Funnel Legend, 1990, pp 333-355 from Palgrave Macmillan Abstract: Abstract Ocean’s centenary year, 1965, was as portentous for the Company as the year of its birth. In one single year a new course was charted, and, whatever the future might hold, the Ocean Steam Ship Company had undergone an irrevocable transformation. Three events, each in their own way fundamental, distinguished the year. The decision to seek a public quotation on the Stock Exchange made untenable the family business organisational structure, and set in train a process of diversification which was to take the company to land and London. The acquisition of Liner Holdings, bringing with it the Elder Dempster fleet and other shipping interests was more in keeping with traditional business; yet the expansion of operations into new areas, new conferences, and also the control of another publicly quoted company meant a far more considerable diversion from historic interests than, say, the acquisition of China Mutual or Glen. And the decision to form Overseas Containers Ltd, OCL, was the most far-reaching of all, spelling, as it did, the end of conventional liner operations for Alfred Holt and Company. Keywords: Freight Rate; Operating Profit; Cargo Handling; Deputy Chairman; Cent Holding (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11476-4_13 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-11476-4_13 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.