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
Steamship yachts at the end of the 19th and early 20th centuries were steam driven (see luxury yacht; also Cox & King yachts). Thomas Assheton Smith was an English aristocrat who forwarded the design of the steam yacht in conjunction with the Scottish marine engineer Robert Napier. The decline of the steamship began after World War II. Many had been lost in the war, and marine diesel engines had finally matured as an economical and viable alternative to steam power. The diesel engine had far better thermal efficiency than the reciprocating steam engine, and was far easier to control. Diesel engines