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The International Mercantile Marine Company, originally the International Navigation Company, was a trust formed in the early twentieth century as an attempt by J.P. Morgan to monopolize the shipping trade.
1 Broadway (formerly known as the International Mercantile Marine Company Building, the United States Lines Building, and the Washington Building) is a 12-story office building in the Financial District of Manhattan, New York City.
The International Navigation Company (INC) was a Philadelphia-based holding company owning 26 ships totaling 181,000 tons and carried more passengers than either Cunard or White Star, when the company was reorganized as International Mercantile Marine in 1902. [1]
In 1902, with financing from J. Pierpont Morgan, the companies were merged into the International Mercantile Marine shipping trust company, which operated 136 vessels over five transatlantic lines. [7] Griscom served as president of IMM from 1902 until 1904, when he retired due to ill health. [8]
SS Kroonland was an ocean liner for International Mercantile Marine (IMM) from her launch in 1902 until she was scrapped in 1927. Kroonland was the sister ship of Finland and a near sister ship of Vaderland and Zeeland of the same company.
In 1902, J.P. Morgan & Co. financed the formation of International Mercantile Marine Co. (IMMC), an Atlantic shipping company which absorbed several major American and British lines, in an attempt to monopolize the shipping trade. Morgan hoped to dominate transatlantic shipping through interlocking directorates and contractual arrangements with ...
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In 1902, Ismay oversaw the sale of the White Star Line to J.P. Morgan & Co., which was organising the formation of International Mercantile Marine Company, an Atlantic shipping combine which absorbed several major American and British lines. IMM was a holding company that controlled subsidiary operating corporations.