A.H. Bull Company
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A.H. Bull Company
A. H. Bull Steamship Company was a shipping company and passenger liner service founded in New York City in 1902 by Archibald H. Bull (1848–1920). Service started with shipping between New York and Florida. His fleet of ships then added service to other Eastcoast ports. The company is also often called the Bull Lines and the Bull Steamship Line or A. H. Bull & Company. While founded in New York, Bull soon move its headquarter to Peir 5 in Baltimore, Maryland. Bull Lines main Eastcoast ports were: Baltimore, Charleston, Philadelphia, Tampa and Norfolk, Virginia. Oversea ports: Porto Rico, Antwerp, Bordeaux, Hamburg, Bremen, Copenhagen, and West Africa. Bull Steamship Line supported the US war effort for both World War I and World War II, including the loss of ships. Archibald H. Bull Archibald Hilton Bull (1847–1920) started in the shipping business at a very young age, he worked his way from an errand boy to be on the board of directors and presider of companies. In 188 ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Courier
A courier is a person or organization that delivers a message, package or letter from one place or person to another place or person. Typically, a courier provides their courier service on a commercial contract basis; however, some couriers are government or state agency employees (for example: a diplomatic courier). Duties and functions Couriers are distinguished from ordinary mail services by features such as speed, security, tracking, signature, specialization and individualization of express services, and swift delivery times, which are optional for most everyday mail services. As a premium service, couriers are usually more expensive than standard mail services, and their use is normally limited to packages where one or more of these features are considered important enough to warrant the cost. Courier services operate on all scales, from within specific towns or cities, to regional, national and global services. Large courier companies include DHL Express, DHL, DTDC, FedEx ...
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Mediterranean Sea
The Mediterranean Sea ( ) is a sea connected to the Atlantic Ocean, surrounded by the Mediterranean basin and almost completely enclosed by land: on the east by the Levant in West Asia, on the north by Anatolia in West Asia and Southern Europe, on the south by North Africa, and on the west almost by the Morocco–Spain border. The Mediterranean Sea covers an area of about , representing 0.7% of the global ocean surface, but its connection to the Atlantic via the Strait of Gibraltar—the narrow strait that connects the Atlantic Ocean to the Mediterranean Sea and separates the Iberian Peninsula in Europe from Morocco in Africa—is only wide. Geological evidence indicates that around 5.9 million years ago, the Mediterranean was cut off from the Atlantic and was partly or completely desiccation, desiccated over a period of some 600,000 years during the Messinian salinity crisis before being refilled by the Zanclean flood about 5.3 million years ago. The sea was an important ...
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USS Asterion (AK-100)
USS ''Asterion'' (AK-100, AK-63, WAK-123) was a Q-ship of the United States Navy named for Asterion, a star in the constellation Canes Venatici. Civilian merchant ship SS ''Evelyn'', a steel-hulled, single-screw steamer, was laid down on 17 January 1912, by the Newport News Shipbuilding and Dry Dock Company, launched on 9 May 1912; and delivered to the A. H. Bull Steamship Lines on 11 June 1912. For the next 30 years, ''Evelyn'' operated between ports on the eastern seaboard of the United States and the West Indies, carrying passengers and freight. During World War I, she was inspected in the 3d Naval District on 9 January 1918, for possible naval service and was assigned the identification number Id. No. 2228. However, she was not actually taken over. Remaining a merchantman, she received a Navy armed guard detachment who protected her between 31 January and 11 November 1918. World War II Q-ship ''Evelyn'' pursued her prosaic calling under the house flag of the Bull Line thr ...
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United States Shipping Board
The United States Shipping Board (USSB) was a corporation established as an emergency agency by the 1916 Shipping Act (39 Stat. 729), on September 7, 1916. The United States Shipping Board's task was to increase the number of US ships supporting the World War I efforts. The program ended on March 2, 1934. Initiation The United States had a maritime position that had been eroding for decades with some congressional concern. Some remedies actually worsened the situation since European shipping companies dominated overseas trade, and just over 10% of the value of trade carried in American-owned ships. The 1916 Act was the result of congressional efforts to create a board to address the problem dating from 1914. The legislation was not then a part of any war effort with specific intent, as stated in the act: :An Act to establish a United States Shipping Board for the purpose of encouraging, developing, and creating a naval auxiliary and naval reserve and a Merchant Marine to meet ...
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United States Navy
The United States Navy (USN) is the naval warfare, maritime military branch, service branch of the United States Department of Defense. It is the world's most powerful navy with the largest Displacement (ship), displacement, at 4.5 million tons in 2021. It has the world's largest aircraft carrier fleet, with List of aircraft carriers in service, eleven in service, one undergoing trials, two new carriers under construction, and six other carriers planned as of 2024. With 336,978 personnel on active duty and 101,583 in the Ready Reserve, the U.S. Navy is the third largest of the United States military service branches in terms of personnel. It has 299 deployable combat vessels and about 4,012 operational aircraft as of 18 July 2023. The U.S. Navy is one of six United States Armed Forces, armed forces of the United States and one of eight uniformed services of the United States. The United States Navy traces its origins to the Continental Navy, which was established during ...
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Collier (ship)
A collier is a bulk carrier, bulk cargo ship designed or used to carry coal. Early evidence of coal being transported by sea includes use of coal in London in 1306. In the fourteenth and fifteenth centuries, coal was shipped from the River Tyne to London and other destinations. Other ports also exported coal for instance the Old Quay in Whitehaven harbour was built in 1634 for the loading of coal. London became highly reliant on the delivery of coal by sea Samuel Pepys expressed concern in the winter of 166667 that war with the Dutch would prevent a fleet of 200 colliers getting through. In 1795, 4,395 cargoes of coal were delivered to London. By 1824, this number had risen to about 7,000; by 1839, it was over 9,000. The trade continued to the end of the twentieth century, with the last cargo of coal leaving the Port of Tyne in February, 2021. The earliest type of collier on which there is detailed information is the Whitby-built cat. These were bluff-bowed, round-sterned, strong ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ...
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Hostile Takeover
In business, a takeover is the purchase of one company (law), company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the mergers and acquisitions, acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offer. It can also include shares in the new company. Takeover types Friendly takeover A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an tender offer, offer for another company, it usually first informs the company's board of directors. In a private company, because the shareholders and the board are ...
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Packet Boat
Packet boats were medium-sized boats designed mainly for domestic mail and freight transport in European countries and in North American rivers and canals. Eventually including basic passenger accommodation, they were used extensively during the 18th and 19th centuries, and had regularly scheduled services. In the 18th century, packet boats were put into use on the Atlantic Ocean between Kingdom of Great Britain, Great Britain and its colonies, where the services were called the packet trade. In the later 19th century, steam-driven packets were used extensively in the United States on the Mississippi River, Mississippi and Missouri River, Missouri rivers, supplying forts and trading posts. History Packet craft were used extensively in European coastal mail services since the 17th century, and gradually added minimal passenger accommodation: "firing" (i.e. a place to cook), drinking water (often tasting of indigo or tobacco, which the water casks had previously held), and a pla ...
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Red Hook, Brooklyn
Red Hook is a neighborhood in western Brooklyn, New York City, United States, within the area once known as South Brooklyn. It is located on a peninsula projecting into the Upper New York Bay and is bounded by the Gowanus Expressway and the Carroll Gardens, Brooklyn, Carroll Gardens neighborhood on the northeast, Gowanus Canal on the east, and the Upper New York Bay on the west and south. A prosperous shipping and port area in the early 20th century, the area declined in the latter part of the century. Today, it is home to the Red Hook Houses, the largest housing project in Brooklyn. Red Hook is part of Brooklyn Community Board 6, Brooklyn Community District 6, and its primary ZIP Code is 11231. It is patrolled by the 76th Precinct of the New York City Police Department. Politically, Red Hook is represented by the New York City Council's 38th District. History Colonization The native Lenape referred to the region as , meaning a high point of sandy soil. The village was settled ...
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Brooklyn Cruise Terminal
The Brooklyn Cruise Terminal is a cruise terminal in the Red Hook neighborhood of Brooklyn, New York City. The terminal is and sits on Buttermilk Channel, a tidal strait separating Brooklyn from Governors Island. It is owned by the City of New York and operated by Ports America. The terminal is one of three terminals for ocean-going cruise ships in the New York metropolitan area. Ships from Carnival Corporation (which owns the Cunard and Princess Cruises) call the terminal their home port. The Brooklyn Cruise Terminal is located at Red Hook Pier 12, on the south side of the Atlantic Basin at Pioneer and Imlay Streets. Vehicular access is through the main gate near the intersection of Bowne and Imlay Streets. The terminal was converted from a 1954 freight terminal and was earlier the site of the Atlantic Basin Iron Works. The Brooklyn Cruise Terminal opened on April 15, 2006, following a $52 million investment by NYCEDC, with the arrival of the RMS ''Queen Mary 2''. On J ...
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