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
Portus B. Weare (steamship) Portus B. Weare (steamship) Portus B. Weare was a wooden sternwheel steamship built in 1892 for service on the Yukon River. She played a notable role in the Klondike gold rush, being the second ship to bring news of the Klondike gold strike and an estimated $1 million in gold down the river in 1897. This set off the gold rush. The vessel carried freight and passengers up the Yukon to Dawson City and later Fairbanks. She was abandoned in 1926 or 1927, after the need for steamboat transport to the interior declined. Portus Baxter Weare (January 1, 1842 -