Parsons Marine Steam Turbine Company company. In 1944, Parsons was one of 19 companies which formed the 'Parsons and Marine Engineering Turbine Research and Development Association', usually known as Pametrada. The last ship to use a Parsons propulsion system was launched in 1964. The company was absorbed into C. A. Parsons and Company and survives in the Heaton area of Newcastle as part of Siemens, a German industrial conglomerate. Parsons Marine Steam Turbine Company Parsons Marine Steam Turbine Company was a British engineering company based in Wallsend, North East England, on the River Tyne. The company was founded by Charles Algernon Parsons in 1897 with
Alaska Steamship Company Alaska Steamship Company The Alaska Steamship Company was formed on August 3, 1894. While it originally set out to ship passengers and fishing products, the Alaska Steamship Company began shipping mining equipment, dog sleds, and cattle at the outbreak of the Klondike Gold Rush of 1897. The company was purchased by the Alaska Syndicate and merged with the Northwestern Steamship Company in 1909, but retained its name, and the fleet was expanded to 18 ships. During World War II, the government took over the company's ships. When the war ended, the company struggled to compete with the new Alaska Highway