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Adelaide Steamship Company
The Adelaide Steamship Company was an Australian shipping company, later a diversified industrial and logistics conglomerate. It was formed by a group of South Australian businessmen in 1875. Their aim was to control the transport of goods between Adelaide and Melbourne and profit from the need for an efficient and comfortable Passenger ship, passenger service. For its first 100 years, the company's main activities were conventional shipping operations on the Australian coast, primary products, consumer cargoes and extensive passenger services. In the 1930s and 1940s, the company diversified into the airline operations, towage, shipbuilding, and the shipping of salt, coal and sugar. Adelaide Airways was formed in 1935, and purchased West Australian Airways before merging with Holyman's Airways to form Australian National Airways (ANA) in 1936. ANA was sold to Ansett Transport Industries in 1957. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Flag
A maritime flag, also called a naval flag, is a flag designated for use on ships, boats, and other watercraft. Naval flags are considered important at sea and the rules and regulations for the flying of flags are strictly enforced. The flag flown is related to the country of Ship registration, registration: so much so that the word "flag" is often used symbolically as a metonym for "country of registration". Types of flag Ensigns The ensign is the national identification of a ship and hoisted up in a national flag world-wide. They are required to be worn when entering and leaving harbour, when sailing through foreign waters, and when the ship is signalled to do so by a warship. Ensigns are part of seafaring traditions of private and Navy, naval forces and have their origins in the era of sailing vessels. Flag dipping is done with the ensign. Ships usually wear their ensigns between the morning colours ceremony and sunset when moored or at anchor. Warships wear it at all times ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early 1990s Recession In Australia
The early 1990s recession saw a period of economic downturn affect much of the world in the late 1980s and early 1990s. The economy of Australia suffered its worst recession since the Great Depression. Background In October 1987, the international Stock Market Slump saw markets crash around the world. The crisis originated when Japan and West Germany pushed up interest rates, pressuring US rates also to rise, triggering a massive sell-off of US shares. Global share prices fell an average of 25%, but Australia saw a 40% decline.Barnett & Goward; John Howard Prime Minister; Viking; 1997; Ch 12 17 of the 18 major OECD economies experienced a recession in the early 1990s. In the 1980s, Singapore Prime Minister Lee Kuan Yew famously predicted that Australia was at risk of becoming the "white trash of Asia" due to high unemployment, inflationary pressures, and government debt. At the time of the comments, Bob Hawke was Australia's Prime Minister and he stated that the comment was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spencer Gulf
The Spencer Gulf is the westernmost and larger of two large inlets (the other being Gulf St Vincent) on the southern coast of Australia, in the state of South Australia, facing the Great Australian Bight. It spans from the Cape Catastrophe and Eyre Peninsula in the west to Cape Spencer and Yorke Peninsula in the east. The largest towns on the gulf are Port Lincoln, Whyalla, Port Pirie, and Port Augusta. Smaller towns on the gulf include Tumby Bay, Port Neill, Arno Bay, Cowell, Port Germein, Port Broughton, Wallaroo, Port Hughes, Port Victoria, Port Rickaby, Point Turton, and Corny Point. History The first recorded exploration of the gulf was that of Matthew Flinders in February 1802. Flinders navigated inland from the present location of Port Augusta to within of the termination of the water body. The gulf was named ''Spencer's Gulph'' by Flinders on 20 March 1802, after George John Spencer, the 2nd Earl Spencer. The Baudin expedition visited the gulf af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Australia
South Australia (commonly abbreviated as SA) is a States and territories of Australia, state in the southern central part of Australia. With a total land area of , it is the fourth-largest of Australia's states and territories by area, which includes some of the most arid parts of the continent, and with 1.8 million people. It is the fifth-largest of the states and territories by population. This population is the second-most highly centralised in the nation after Western Australia, with more than 77% of South Australians living in the capital Adelaide or its environs. Other population centres in the state are relatively small; Mount Gambier, the second-largest centre, has a population of 26,878. South Australia shares borders with all the other mainland states. It is bordered to the west by Western Australia, to the north by the Northern Territory, to the north-east by Queensland, to the east by New South Wales, to the south-east by Victoria (state), Victoria, and to the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Townsville Flinders Street C
The City of Townsville is a city on the north-eastern coast of Queensland, Australia. With a population of 201,313 as of 2024, it is the largest settlement in North Queensland and Northern Australia (specifically, the parts of Australia north of the Sunshine Coast). It is unofficially considered the capital of North Queensland. Townsville hosts a significant number of governmental, community and major business administrative offices for the northern half of the state. Part of the larger local government area of the City of Townsville, it is in the dry tropics region of Queensland. The city is adjacent to the central section of the Great Barrier Reef. The city is also a major industrial centre, home to one of the world's largest zinc refineries, a nickel refinery and many other similar activities. As of December 2020, $30M operations to expand the Port of Townsville are underway, which involve channel widening and installation of a 70-tonne Liebherr Super Post Panamax Ship-to-Shor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Custom House And Garden Reach, Brisbane, Australia
Custom, customary, or consuetudinary may refer to: Traditions, laws, and religion * Convention (norm), a set of agreed, stipulated or generally accepted rules, norms, standards or criteria, often taking the form of a custom * Mores, what is widely observed in a particular culture, considered to be practiced by persons of good moral character * Social norm, a rule that is socially enforced * Tradition * Customary law or consuetudinary, laws and regulations established by common practice * Customary (liturgy) or consuetudinary, a Christian liturgical book describing the adaptation of rites and rules for a particular context * Custom (Catholic canon law), an unwritten law established by repeated practice * Customary international law, an aspect of international law involving the principle of custom * Minhag (pl. minhagim), Jewish customs * ʿUrf (Arabic: العرف), the customs of a given society or culture Import and export * Customs, a tariff on imported or exported goods * Cus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Age
''The Age'' is a daily newspaper in Melbourne, Australia, that has been published since 1854. Owned and published by Nine Entertainment, ''The Age'' primarily serves Victoria (Australia), Victoria, but copies also sell in Tasmania, the Australian Capital Territory and border regions of South Australia and southern New South Wales. It is delivered both in print and digital formats. The newspaper shares some articles with its sister paper ''The Sydney Morning Herald''. ''The Age'' is considered a newspaper of record for Australia, and has variously been known for its investigative reporting, with its journalists having won dozens of Walkley Awards, Australia's most prestigious journalism prize. , ''The Age'' had a monthly readership of 5.4 million. , this had fallen to 4.55 million. History Foundation ''The Age'' was founded by three Melbourne businessmen: brothers John and Henry Cooke (who had arrived from New Zealand in the 1840s) and Walter Powell. The first editi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maersk
(), usually known simply as Maersk ( ), is a Danish Freight transport, shipping and logistics company founded in 1904 by Arnold Peter Møller and his father Peter Mærsk Møller. Maersk's business activities include Port operator, port operation, supply chain management, Distribution center, warehousing and Air cargo, air freight. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and over 100,000 employees worldwide in 2024. It is a publicly traded family business, as the company is controlled by the namesake Møller family through Holding company, holding companies. The company's 2024 annual revenue was US$55.5 billion. Maersk has faced several challenges, including the 2022 stock market decline, global economic downturn, a Petya and NotPetya, malware attack, and the Red Sea crisis. History was founded in Svendborg in April 1904 by captain Peter Mærsk Møller (1836–1927) and his son Arnold Peter Møller, Arnold Peter (A. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howard Smith Limited
Howard Smith Limited was an Australian industrial company. Founded in 1854 as a shipping company, it later diversified into coal mining, steel production, stevedoring, travel, railway rolling stock building, sugar production and retail. Its divisions began to be sold off in the 1990s with the remainder taken over by Wesfarmers in August 2001. Shipping On 7 July 1854 Captain William Howard Smith arrived in Melbourne from England as skipper of the 177 ton steamer ''Express'' in which he held a 50% share along with the ship's engineer, SB Skinner. On 3 October 1854, the ''Express'' began operating the first regular passenger service in Australia from Melbourne to Geelong. Smith sold his share in the business to Thomas Parker in 1861 and returned to England. In May 1864, Howard returned to Australia with the 672 ton ''Kief'', a former British Army water carrier and entered the interstate coal trade with a service from Melbourne to Sydney and Newcastle. In 1875, Howard recommenced o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Stock Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, the Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups, and the largest in the southern hemisphere. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidation
Liquidation is the process in accounting by which a Company (law), company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as :wikt:wind up#Noun, wound-up or dissolved, although Dissolution (law), dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or Government agency, agency in a country responsible for collecting and safeguarding Duty (economics), customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. ''wind-up order'' in Australia) or voluntary (sometimes referred to as a ''sharehold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
