Boats of the Mackenzie River watershed carrier business in 1947. The last steam-propelled sternwheelers, the "S.S. Distributor" and "S.S. Mackenzie" were retired around the same time. In later years, with the construction of the Mackenzie Highway from Alberta to Great Slave Lake, the importance of the Athabasca-Slave River route dwindled and NTCL operations were based from shipyards in Hay River after 1959. NTCL became the primary water operator in the Mackenzie River watershed with the purchase of Hudson's Bay Company's fleet and equipment in 1958, and the total buyout of Yellowknife Transportation Company in 1965 including its fleet of diesel tug boats. Other small commercial operators
Mackenzie River Ocean on 14 July 1789. The river he named "Disappointment River" would later be renamed in his honor. No European reached its mouth again until Sir John Franklin on 16 August 1825. The following year he traced the coast west until blocked by ice while John Richardson followed the coast east to the Coppermine River. In 1849 William Pullen reached the Mackenzie from the Bering Strait. In the following decades the North West Company established forts on the river, the precursors of present-day settlements such as Fort Simpson (formerly Fort of the Forks). A lucrative fur trade was carried out,