Aegean Steam Navigation Company

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Aegean Steam Navigation Company
legal form
founding 1883
resolution 1911
Reason for dissolution insolvency
Seat Istanbul
management Panos Kourtzis
Branch Shipping company

The Aegean Steam Navigation Company PM Kourtzis & Co. ( Greek Ατμοπλοϊα Αιγαίου ) was an Ottoman shipping company . It was founded in 1883 by Panos Kourtzis and was based in Istanbul . The banker Georgios Zarifis , who had owned a patent for operating steamboats on the Golden Horn since 1880, held a 30% stake in the company.

At its greatest boom, the company had 12 passenger steamers from 250 to 3000 tons . They were named after port cities and islands: Panormos , Crete , Chios , Mytilini , Smyrna , Trabzon , Marseille , Brăila , Odessa , Iraklea , Kardif and Naples . The steamers operated between Istanbul and destinations in the Mediterranean and Black Sea . They carried passengers, goods and mail. They received no payment for transporting the mail. In return, however, they received a discount on the port fee.

Routes:

from mid-1887:

from the end of the 19th century:

In order to gain independence from the price of coal, Panos bought Kourtzi's hard coal mines in Kozlu, Zonguldak and Karadeniz Ereğli. He also had a shipyard built in Istanbul where the ships could be serviced and repaired. The Mytilene Bank later acquired the Aegean Steam Navigation Company. In 1897, during the Turkish-Greek War , the company made losses. In 1911, in the course of the bankruptcy proceedings of the Bank of Mytilene, the Aegean Steam Navigation Company was dissolved.

literature

  • Kristis Konnaris: Ιστορικό Αρχείο Αιγαίου "Εργάνη" , Mytilini 2007 ( online )
  • Evridiki Sifneos: “What is the extraction of coal at Kozlu and Zonguldak mines profitable?” An attempt at an answer from the Courdgi papers in THE ECONOMIC AND SOCIAL DEVELOPMENT OF THE PORT-CITIES OF THE SOUTHERN BLACK SEA COAST AND HINTERLAND, LATE 18TH - BEGINNING OF THE 20TH CENTURY , Corfu 2017, pp. 109–121.