Sprague Energy
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Sprague Energy
Sprague Energy, formerly Charles H. Sprague Company, C. H. Sprague and Son, is a Northeastern United States energy supplier. Charles H. Sprague Company was founded in 1870 in Boston by Charles H. Sprague. Charles H. Sprague Company delivered coal to New England cities from Newport News, Virginia. In 1905 Sprague expanded and opened the Penobscot Coal and Wharf Company in Searsport, Maine. This became the main supplier of US coal to Europe, particularly during World War II. Post World War II Sprague added residual fuel oil products. In 1959 Sprague opened a refinery. In the 1960s Sprague sold coal operations to Westmoreland Coal Company. In 1970 the Sprague family sold the company to Royal Dutch Shell's Asiatic Petroleum Company, who sold it two years later to the Axel Johnson Group of Stockholm, Sweden. Sprague entered in a partnership with Westmoreland Coal Company in 1982. Starting in 1990s and today Sprague Energy is active in natural gas delivery system in Northeastern. Spr ...
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Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liabil ...
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Royal Dutch-Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whic ...
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War Shipping Administration
The War Shipping Administration (WSA) was a World War II emergency war agency of the US government, tasked to purchase and operate the civilian shipping tonnage the United States needed for fighting the war. Both shipbuilding under the Maritime Commission and ship allocation under the WSA to Army, Navy or civilian needs were closely coordinated though Vice Admiral Emory S. Land who continued as head of the Maritime Commission while also heading the WSA. Establishment A shortage of vessels further complicated by requirements to take vessels out of service for conversion and armament was of concern at the highest levels, including the President. Particular concern that available shipping would not be used effectively led to his establishment immediately on the nation's active entry into the war of the Strategic Shipping Board composed of the Chairman of the Maritime Commission, Army Chief of Staff, Chief of Naval Operations and Mr. Harry Hopkins reporting directly to the President ...
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Maritime Commission
The United States Maritime Commission (MARCOM) was an independent executive agency of the U.S. federal government that was created by the Merchant Marine Act of 1936, which was passed by Congress on June 29, 1936, and was abolished on May 24, 1950. The commission replaced the United States Shipping Board which had existed since World War I. It was intended to formulate a merchant shipbuilding program to design and build five hundred modern merchant cargo ships to replace the World War I vintage vessels that comprised the bulk of the United States Merchant Marine, and to administer a subsidy system authorized by the Act to offset the cost differential between building in the U.S. and operating ships under the American flag. It also formed the United States Maritime Service for the training of seagoing ship's officers to man the new fleet. As a symbol of the rebirth of the U.S. Merchant Marine and Merchant Shipbuilding under the Merchant Marine Act, the first vessel contracted for ...
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Chartering (shipping)
Chartering is an activity within the Maritime transport, shipping industry whereby a ship-owner, shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty (from the French ''"charte partie"'', or "parted document"). The three main types of charter are: demise charter, voyage charter, and time charter. The charterer In some cases a charterer may own cargo and employ a shipbroker to find a ship to deliver the cargo for a certain price, called freight rate. Freight rates may be on a per-ton basis over a certain route (e.g. for iron ore between Brazil and China), in Worldscale points (in case of oil tankers) or alternatively may be expressed in terms of a total sum - normally in U.S. dollars - per day for the agreed duration of the charter. A charterer may also be a party without a cargo who takes a vessel on charter for a specified period from the owner and then trades the ship to carry cargoes at a profit above the hire r ...
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Battle Of The Atlantic
The Battle of the Atlantic, the longest continuous military campaign in World War II, ran from 1939 to the defeat of Nazi Germany in 1945, covering a major part of the naval history of World War II. At its core was the Allied naval blockade of Germany, announced the day after the declaration of war, and Germany's subsequent counter-blockade. The campaign peaked from mid-1940 through to the end of 1943. The Battle of the Atlantic pitted U-boats and other warships of the German '' Kriegsmarine'' (Navy) and aircraft of the ''Luftwaffe'' (Air Force) against the Royal Navy, Royal Canadian Navy, United States Navy, and Allied merchant shipping. Convoys, coming mainly from North America and predominantly going to the United Kingdom and the Soviet Union, were protected for the most part by the British and Canadian navies and air forces. These forces were aided by ships and aircraft of the United States beginning September 13, 1941. Carney, Robert B., Admiral, USN. "Comment and Discu ...
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Atlantic Ocean
The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth's surface and about 29% of its water surface area. It is known to separate the " Old World" of Africa, Europe and Asia from the "New World" of the Americas in the European perception of the World. The Atlantic Ocean occupies an elongated, S-shaped basin extending longitudinally between Europe and Africa to the east, and North and South America to the west. As one component of the interconnected World Ocean, it is connected in the north to the Arctic Ocean, to the Pacific Ocean in the southwest, the Indian Ocean in the southeast, and the Southern Ocean in the south (other definitions describe the Atlantic as extending southward to Antarctica). The Atlantic Ocean is divided in two parts, by the Equatorial Counter Current, with the North(ern) Atlantic Ocean and the South(ern) Atlantic Ocean split at about 8°N. Scientific explorations of the A ...
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Allies Of World War II
The Allies, formally referred to as the United Nations from 1942, were an international military coalition formed during the Second World War (1939–1945) to oppose the Axis powers, led by Nazi Germany, Imperial Japan, and Fascist Italy. Its principal members by 1941 were the United Kingdom, United States, Soviet Union, and China. Membership in the Allies varied during the course of the war. When the conflict broke out on 1 September 1939, the Allied coalition consisted of the United Kingdom, France, and Poland, as well as their respective dependencies, such as British India. They were soon joined by the independent dominions of the British Commonwealth: Canada, Australia, New Zealand and South Africa. Consequently, the initial alliance resembled that of the First World War. As Axis forces began invading northern Europe and the Balkans, the Allies added the Netherlands, Belgium, Norway, Greece, and Yugoslavia. The Soviet Union, which initially had a nonaggression pa ...
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United States Armed Forces
The United States Armed Forces are the military forces of the United States. The armed forces consists of six service branches: the Army, Marine Corps, Navy, Air Force, Space Force, and Coast Guard. The president of the United States is the commander-in-chief of the armed forces and forms military policy with the Department of Defense (DoD) and Department of Homeland Security (DHS), both federal executive departments, acting as the principal organs by which military policy is carried out. All six armed services are among the eight uniformed services of the United States. From their inception during the American Revolutionary War, the U.S. Armed Forces have played a decisive role in the history of the United States. They helped forge a sense of national unity and identity through victories in the First Barbary War and the Second Barbary War. They played a critical role in the American Civil War, keeping the Confederacy from seceding from the republic and preserving the uni ...
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Coaling (ships)
The era of the steam warship powered exclusively by coal was relatively brief, lasting from 1871 until 1914. Although the French ironclad ''Gloire'' and the iron hulled in 1860 both had coal-fired boilers and funnels, their purpose was to provide additional speed in battle. Sails provided their main propulsion most of the time so, unlike , the first ship built without sails, these were not true steamships. Although much faster than sail, the lengthy refueling or coaling required by steam ships brought considerable additional risk to the ship and hardship to the crew. These drawbacks led to the replacement of coal by oil. Coal itself also required maintenance. Coal cannot be pumped and, once loaded, it had to be continuously moved to ensure bunkers nearest the boilers were always full should full power be suddenly needed. These problems were sufficiently serious for the Royal Navy to build as an oil-fired ship despite an abundance of coal and a shortage of oil in the United Kingd ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ...
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