 | |
| Industry | Maritime |
|---|---|
| Founded | 1910–1974 |
| Headquarters | |
| Services | Sea transport |
The Isthmian Steamship Company was a shipping company founded by US Steel in 1910.
Isthmian Steamship was the brainchild of US Steel President James A. Farrell, who had connections with the maritime industry through his father's trade as a ship's master. Farrell realized that US Steel could save substantial sums of money by owning its own fleet of freighters, rather than chartering cargo space from other companies. Farrell named the company after the Isthmus of Panama, in honour of America's recent construction achievement, the Panama Canal.
Farrell headquartered Isthmian Steamship in London, partly in order to take advantage of Great Britain's respected name in the industry, and partly to benefit from Britain's long history of maritime experience. Management of the company was assigned to the British Federal Steam Navigation Co Ltd, a company which traced its own origins back as far as 1782 with the British East India Company. The US end of Farrell's new company was managed by the Norton Lilly Agency.