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
Rosalie (steamship) purser. By 1898, "Rosalie" was controlled by the Washington & Alaska Steamship Company in which among others, Peabody, then acting as "Rosalie" 's purser, was interested. The company ran six sailings a month from Seattle, to Mary Island, Metlakatla, Ketchikan, Wrangell, Juneau, Dyea, Haines Mission and Skagway with the "Rosalie" among other vessels. "Rosalie" ran in on the Alaska route from 1897 to 1900. By 1900, the extreme boom for transport to the Klondike golf fields had faded, and "Rosalie" was returned to Puget Sound, this time as the first vessel in the ownership of Joshua Green. Green had secured