Public transport in Istanbul the funicular was opened to the public. It is still in service. A commuter rail line was built on the European side of the city from Sirkeci to Hadımköy in 1872, which was followed in 1873 on the Anatolian part from Haydarpaşa Terminal to İzmit. The ferry is one of the oldest means of transit in İstanbul, a city with two parts separated by the Bosphorus strait and surrounded by sea. In 1837, British and Russian owned boats started transport on the Bosphorus. The İstanbul Maritime Company was established in 1851 by a decree of Ottoman Sultan Abdülmecid I. The
History of Istanbul side there was a Phoenician colony. On the site of Lygos, the later Byzantium was located, thus Lygos is accepted as the city which gave rise to Istanbul. "Byzantion" (Βυζάντιον), Latinized as "Byzantium", was the next name of the city. The name is believed to be of Thracian or Illyrian origin and thus to predate the Greek settlement. It may be derived from a Thracian or Illyrian personal name, "Byzas". Ancient Greek legend refers to a legendary king Bizas as the leader of the Megarean colonists and eponymous founder of the city. Cape Moda in Chalcedon was the first location